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According to the American Joint Replacement Registry, more than 860,000 Hip and Knee Arthroplasty procedures were reported in 2016 in the United States. Acetabular cups are available in either limited or multi-hole hemispherical shell with various combinations of plastic, ceramic or metals inserts. The success rate of hip replacement largely depends on the right selection of the proper acetabular cup. The use of 3-D printing technology by prominent players have enabled manufacturing of customized acetabular cups. In March 2018, Stryker launched Trident II Acetabular System, which is manufactured using additive manufacturing technology, enabling large femoral size options. Moreover, the use of robotics-assisted replacement surgeries has also boosted the global acetabular cups market.
The growth in global acetabular cups market is being driven by the rise in demand for prosthetics, introduction of technologically advanced 3-D printed hip implants and favouring health reimbursement for orthopaedic prosthetics. Moreover, the increase in number of hip replacement surgery all over the world is further expected to fuel the global acetabular cups market in the forecast years.
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However, the stringent government guidelines associated with the use of prosthetic products is a factor that might hinder the growth in global acetabular cups market.
Some of the major companies that are present in the global acetabular cups market are Stryker, Zimmer Biomet, Johnson & Johnson Services Inc. (DePuy Synthes), Smith & Nephew, Corin, Ortho Development, Bioimpianti, Medacta International, Merete GmbH, Exactech, Inc., and others.
· Total Hip Replacement
· Partial Hip Replacement
· Revision Hip Replacement
By End User
· Orthopaedic Clinics
· Ambulatory Surgical Centers
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Among the end user, the hospital segment is projected to dominate the global acetabular cups market in the forecast period primarily due to the increase in number of hip replacement surgeries and skilled professionals to perform the surgeries.
The global acetabular caps market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In North America, the acetabular cups market is projected to grow in the forecast years due to the increased technological advancements in prosthetics as well as favourable health reimbursement. The global acetabular cups market is anticipated to expand in Europe and Asia Pacific in the projected years owing to the improving health infrastructure and increase in number of hip replacement surgeries. According to the National Joint Registry (NJR), a total of 160,000 total hip and knee replacement procedures are performed each year in England and Wales, which makes Europe as one of the prominent regions in the prosthesis market.
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