Artificial Hip Joint Market Size
The global artificial hip joint market has seen significant growth, reaching USD 7.66 billion by the end of 2023 and projected to reach USD 9.82 billion by 2031, driven by a robust compound annual growth rate (CAGR) of 3.6% from 2024 to 2031. This growth is primarily fueled by an aging population worldwide that increasingly opts for joint replacement surgeries...
Artificial Hip Joint Market business insights
Valued at USD 7.66 billion in 2023, the Artificial Hip Joint Market is set to grow to USD 9.82 billion by 2031, with a CAGR of 3.6% from 2024 to 2031. The market's expansion is supported by continuous advancements in implant materials and designs, an increase in the number of hip replacement procedures, and supportive government policies...
Artificial Hip Joint Market Analysis
The global Artificial Hip Joint market is set for steady growth, with its market size projected to increase from USD 7.66 billion in 2023 to USD 9.82 billion by 2031. This represents a compound annual growth rate (CAGR) of 3.6% during the forecast period from 2024 to 2031.
Several key factors are driving the expansion of the Artificial Hip Joint market:...