Robotic-Assisted Hip Replacement Market Share

  • Report ID: 4244
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Robotic-Assisted Hip Replacement Market Share

 North America industry is anticipated to hold largest revenue share of 47% by 2037, impelled by highly developed infrastructure, presence of an advanced technology base, and growing market giants.. Highly developed infrastructure, the presence of an advanced technology base, and growing market giants during the forecast period are some of the factors estimated to boost the growth of the market in this region. Additionally, the growing incidence of osteoporosis and osteoarthritis, shortage of surgical specialists, and increasing sports and road injuries are major factors aiding in the market growth in the North America region. More than 2 million football injuries took place in the U.S in 2021. However, hip replacement is never considered as first option, despite owing to various benefits provided by robotic technology, and development of technologies, athletes are finding it efficient to undergo surgery.

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Author Credits:  Radhika Pawar


  • Report ID: 4244
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of robotic-assisted hip replacement is assessed at USD 9.5 billion.

The robotic-assisted hip replacement market size was over USD 8.8 billion in 2024 and is projected to reach USD 16.39 billion by 2037, growing at around 4.9% CAGR during the forecast period i.e., between 2025-2037. The increasing demand for hip replacement surgeries owing to growing prevalence of osteoarthritis will fuel the market growth.

North America industry is anticipated to hold largest revenue share of 47% by 2037, impelled by highly developed infrastructure, presence of an advanced technology base, and growing market giants.

The major players in the market are Medtronic plc, Medical DeviceBusiness Services, Inc., Zimmer Biomet, Stryker Corporation, Smith & Nephew, Globus Medical, NuVasive, Inc., Limacorporate S.p.A., Asensus Surgical US, Inc, Titan Surgical LLC
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