Global Acetabular Prostheses Market Size, Share & Trends Analysis Report By Product Type(Cemented), By Application(Primary Surgical), By Material(Metal, Non-metal), By End-user(Hospitals, Orthopedic Clinics, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Market Size
The Global Acetabular Prostheses Market reached US$ 8.36 billion in 2023 and is expected to reach US$ 13.09 billion by 2031, growing at a CAGR of 5.8% during the forecast period 2024-2031.
The acetabular prostheses market produces and supplies artificial hip socket components used in hip replacement surgery. Where the natural acetabulum is sick or destroyed, these prostheses are intended to take the place of the pelvic socket-like structure that accepts the femur ball.
Technological developments, such as the application of 3D printing in acetabular reconstruction, which provides affordable and long-lasting implants are driving the market. Other significant developments that will improve the market's growth prospects include the development of extremely flexible metals for revision surgery and the release of highly advanced 3-D printed hip implants to drive market growth.
Market Scope
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Metrics |
Details |
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CAGR |
5.8% |
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Market Size |
2022-2031 |
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Market Estimation Forecast Period |
2024-2031 |
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Revenue Units |
Value (US$ Mn) |
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Segments Covered |
Product Type, Application, Material and End-user |
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Regions Covered |
North America, Europe, Asia-Pacific, South America, and Middle East & Africa |
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Largest Region |
North America |
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Fastest Growing Region |
Asia-Pacific |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter's Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights. |
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Market Dynamics: Drivers
Advancements in orthopedic technologies
The acetabular prostheses market is experiencing significant growth driven by various factors. The demand of 3D printing technology is one of the key factor of the market. In addition, this technology is cost-effective, more flexible and reduce the risk of complications associated with the treatment procedures. It will also helps to maintains the internal support structures in the acetabular cups. The application of 3D printing for acetabular reconstruction is another benefit that will fuel market expansion.
Furthermore, the innovations in the 3d printing technology in the orthopedic implants would drive the market growth. This technology enhance the surgical efficiency, lesser time for opeation procedures and lesser exposure to the radiation. For instance, in July 2021, a team of orthopedics led by Dr.Subhash Jangid, Director and Unit Head of Bone and Joint Institute at Fortis Memorial Research Institute, Gurugram, India, successfully implanted a custom made 3D printed hip implant, on 60-year-old Tanzanian patient who had a damaged pelvic bone.
Moreover, advancements in acetabular prostheses technology, such as the development of highly porous metals that mimic the cancellous bone structure and the use of 3D technology in acetabular reconstruction, are driving the market growth.
The use of 3D-printed highly porous titanium acetabular cups in total hip arthroplasty is increasing. The porosity and mechanical properties of such highly porous titanium structures mimic those of natural cancellous bone, possibly allowing biological implant fixation to be improved.
Moreover, in August 2023, AddUp FormUp 350 additive manufacturing technology revolutionized acetabular cup production by offering efficient Laser Powder Bed Fusion (LPBF) capabilities that outperform traditional methods and Electron Beam Technology (EBM).
Restraints
Factors such as the high cost of the treatment for hip injuries, risk of complications & complexity associated with these procedures, stringent government regulations & limited reimbursement coverage, prostheses device lawsuits & product recalls, post-surgical rehabilitation, and lack of skilled professionals are expected to hamper the market.
Market Segment Analysis
The acetabular prostheses market is segmented based on product type, application, material, end-user, and region.
The cementless segment accounted for approximately 48.5% of the acetabular prostheses market share
The cementless segment is expected to hold the largest market share over the forecast period. This segment is driven by factors such as the better longevity of cementless acetabular components and the flexibility of surgeons, while choosing the size and material of the bearing, cementless acetabular prostheses are preferred over their prostheses. Cementless acetabular components are widely used in countries such as the U.S., Canada, Wales, Italy, and Australia.
As per the MDPI publication in February 2024, to reduce complications and improve implant longevity, a new cementless dual mobility acetabular cup was recently developed and introduced on the market in 2021. This implant is a monobloc dual mobility cup with a polar-flatted hemispherical profile, a 0 0 cup opening plane, and 2.5 mm cylindrical equatorial extra coverage. The need for 3D printed metal acetabular cups in hip replacement therapy drives the market.
Market Geographical Analysis
North America accounted for approximately 41.2% of the acetabular prostheses market share
North America region is expected to hold the largest market share over the forecast period. The rising prevalence of orthopedic disorders and associated risk factors in the U.S. and Canada are propelling the acetabular prostheses market in this region
As per CDC estimates in 2023, that 54 million people suffering from one kind of arthritis. In the U.S., 33 million people have suffered from arthritis. The increasing incidence of orthopedic disorders espcilally arthritis in this region contributes the demand for acetabular prostheses market.
In this region, major players' strategies such as technological innovation would drive the market. For instance, in January 2023, Hip Innovation Technology LLC implanted the first HIT Reverse Hip Replacement System (Reverse HRS) in the U.S. under a U.S. Food and Drug Administration (FDA) approved Investigational Device Exemption (IDE) study. The IDE trial aims to determine the safety and efficacy of the HIT Reverse HIRS in Primary Total Hip Arthroplasty (THA).
COVID-19 Impact Analysis On Market
The COVID-19 pandemic significantly impacted the acetabular prostheses market. The rising prevalence of orthopedic & hip disorders, increasing number of joint surgeries has been a driver for the acetabular prostheses market during the pandemic period.
For instance, as per the study published by PubMed Centarl in November 2021, during the initial COVID-19 pandemic, there was an estimated 6.80% decrease in the revision of hip arthroplasty due to the fear of COVID-19 infections, which impacted the market growth significantly. Thus, the frequency of these surgeries decreased due to the rising incidences of COVID-19 infections during the pandemic, therefore impacting the market growth.
The impact of COVID-19 affected the market with decreasing growth of the new solutions with increased technology and new techniques developed for performing the surgery. A decrease in the rate of patients visiting orthopedics having arthritis pain led the market rate down with the wide spread of the virus and new rules imposed by the government in various regions such as lockdowns and ked to the shutdown of industries, stopping the production and manufacturing if the new developments.
Post-pandemic situation with an increased rate of geriatric patients visiting orthopedics with increased arthritis pain and increased developments in surgeries involved in hip replacement which boosts the acetabular prostheses market.
The COVID-19 pandemic of COVID-19 with an increase in the number of arthritis patients and rising demands from the market for new technology with improved techniques and increased solutions and reduction in arthritis pain dominates the acetabular prostheses market.
Market Segmentation
By Product Type
- Cemented
- Cementless
- Hybrid and Reverse Hybrid
By Application
- Primary Surgical
- Revision Surgical
By Material
- Metal
- Non-Metal
- Others
By End-User
- Hospitals
- Orthopedic Clinics
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Spain
- Italy
- Rest of Europe
- South America
- Brazil
- Argentina
- Rest of South America
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
Market Competitive Landscape
The major global players in the acetabular prostheses market include Johnson & Johnson Services, Inc., Smith + Nephew, Stryker, Zimmer Biomet, B. Braun SE, AESCULAP Implant System, X.NOV, Exactech, Inc., Evolutis, MicroPort Orthopedics, Inc. among others.
Key Developments
- In August 2023, Smith+ Nephew announced the launch of its OR3O dual mobility system for use in primary and revision hip arthroplasty in India. Compared with traditional solutions, dual mobility implants have a small diameter femoral heal that locks into a larger polyethylene insert increasing stability, reducing dislocation risk, and offering improved range of motion. In addition, both primary and revision applications offer cross-compatibility with the R3 acetabular system.
- In June 2023, the Asian Orthopedic Institute (AOI), SIMS Hospital in Chennai, India launched a comprehensive hip surgery unit and four new advanced technology services. Advanced innovations in the treatment of hip problems & pathologies are being introduced to mark this occasion.
Why Purchase the Report?
- To visualize the acetabular prostheses market segmentation based on product type, material, end-user, and region as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development
- Excel data sheet with numerous data points of acetabular prostheses market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping is available in Excel consisting of key products of all the major players.
The acetabular prostheses market report would provide approximately 70 tables, 61 figures, and 181 Pages.
Target Audience 2024
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
