Ceramic Hip Prosthesis Market Size Analysis, DROT, PEST, Porter’s, Region & Country Forecast Till 2026
Rise in geriatric population coupled with osteoporosis and osteo arthritis, Increase in research and development on hip prosthesis and increasing demand for minimally invasive surgeries are expected to propel the demand for ceramic hip prosthesis market. Market Size – USD 2,012 million in 2018, Market Growth - CAGR of 6.7%, Market Trends – Increase in the technological advancement of the ceramic hip prosthesis industry. According to the current analysis of Reports and Data, the Global ceramic hip prosthesis market is expected to reach USD 3,424.5 Million by the year 2026, in terms of value at a CAGR of 6.7% from 2019-2026. A hip replacement is a kind of surgical procedure in which damaged hip joint is replaced with an artificial implant. It is used when the mobility is abridged and even in rest, pain is experienced. These are made up of metal, plastic or ceramic. The commercial applications of ceramic hip prosthesis have been studied and researched extensively in ...