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Oct 21, 2019 6:41 AM ET

Femoral Head Prostheses Market is Anticipated to Reach a Value at CAGR of over 3% by the End of 2023

Femoral Head Prostheses Market is Anticipated to Reach a Value at CAGR of over 3% by the End of 2023

iCrowd Newswire - Oct 21, 2019

Femoral Head Prostheses Market” report presents analysis by region-wise market volume and the futuristic possibilities analogous to the development of Femoral Head Prostheses market during the forecast period. It gives data about who are the leading manufacturers, distributors of global Femoral Head Prostheses market, together with the explanation of product, company profiles and Femoral Head Prostheses market outline. Report also describes market situation and current trends in Femoral Head Prostheses market by segmentation of product type, application.

“Femoral Head Prostheses market is giving the largest share of 3.22% in 2018 and expected to grow at compound annual growth rate (CAGR) of over 3% during forecast period 2019-2023.“

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Femoral Head Prostheses Market Summary: The femoral head is the spherical portion of the femoral component of the artificial hip replacement. Our femoral head prostheses market analysis considers sales from ceramic femoral head prostheses, metal femoral head prostheses, and ceramicised metal femoral head prostheses. Our analysis also considers the sales of femoral head prostheses in Asia, Europe. North America, and ROW. In 2018, the ceramic femoral head prostheses segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as minimized wear along with scratch resistant will play a significant role in the ceramic femoral head prostheses segment to maintain its market position. Also, our global femoral head prostheses report looks at factors such as the increasing prevalence of OA, rheumatoid arthritis, and trauma, increasing number of hip replacement surgeries, and advances in femoral head prostheses. However, the high cost of hip replacement surgeries, shortage of skilled orthopedic surgeons, and limitations of femoral head prostheses may hamper the growth of the femoral head prostheses industry over the forecast period.

Market Driver: advances in femoral head prosthesesMarket Trend: increasing focus on robotic hip replacement surgeriesMarket Challenge: high cost of hip replacement surgeries.Advances in Femoral Head ProsthesesThe market is witnessing significant technological advances in hip implantation procedures in terms of technology, materials, surgical techniques, methods of fixation and sterilization of prostheses, perioperative management, and prevention of complications. Manufacturers are developing femoral head prostheses with a new type of plastic liner, called the highly cross-linked PE liner, which significantly slows down the wearing out of implants. There is also an increased focus on RandD of new femoral head prostheses materials. This increasing adoption of such technologies will lead to the expansion of the global femoral head prostheses market at a CAGR of over 3% during the forecast period.Increasing focus on robotic hip replacement surgeriesRobotic hip replacement surgeries are gaining popularity across the world as their platform allows to customize hip replacement surgeries to closely match with patient’s unique anatomy. The robotic surgeries can be performed with a smaller incision, low blood loss, and reduced damage to surrounding tissues. This development is expected to have a positive impact on the overall market growth.

Various plans and news are also included in the Femoral Head Prostheses Market report. This comprises labour cost, reduction cost, raw material charges and other economic data. The production method is analysed with respect to various aspects of, manufacturing cost analysis, size, commercial production, RandD grade, raw material source, and technology source.

Femoral Head Prostheses Market has been segmented on the basis of industry which comprises of:

Femoral Head Prostheses market report provides regional analysis forecast (2019-2023) including following regions and country level analysis:Asia, Europe, North America, and ROW

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Key Benefits of Report:

Lastly Femoral Head Prostheses Market analyse different driving factors associated with Femoral Head Prostheses market growth, major challenges, and Femoral Head Prostheses opportunities. Femoral Head Prostheses market surveys on dynamics, the scope of production, a study on the complete pricing of the top manufacturer.

No. of Pages: 125

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TOC of Femoral Head Prostheses Market ReportPART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORT2.1 Preface2.2 Preface2.3 Currency conversion rates for US$PART 03: MARKET LANDSCAPEMarket ecosystemMarket characteristicsMarket segmentation analysisPART 04: MARKET SIZINGMarket definitionMarket sizing 2018Market size and forecast 2018-2023PART 05: FIVE FORCES ANALYSISBargaining power of buyersBargaining power of suppliersThreat of new entrantsThreat of substitutesThreat of rivalryMarket conditionPART 06: MARKET SEGMENTATION BY MATERIALMarket segmentation by materialComparison by materialCeramic femoral head prostheses – Market size and forecast 2018-2023Metal femoral head prostheses – Market size and forecast 2018-2023Ceramicised metal femoral head prostheses – Market size and forecast2018-2023Market opportunity by materialPART 07: CUSTOMER LANDSCAPEPART 08: GEOGRAPHIC LANDSCAPEGeographic segmentationGeographic comparisonNorth America – Market size and forecast 2018-2023Europe – Market size and forecast 2018-2023Asia – Market size and forecast 2018-2023ROW – Market size and forecast 2018-2023Key leading countriesMarket opportunityPART 09: DECISION FRAMEWORKPART 10: DRIVERS AND CHALLENGESMarket driversMarket challengesPART 11: MARKET TRENDSIncreasing focus on robotic hip replacement surgeriesIncreasing demand for femoral head prostheses of 28 mm or lesserIncreasing number of femoral head replacement proceduresPART 12: VENDOR LANDSCAPEOverviewLandscape disruption

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