MEA Hip Replacement Devices Market

MEA Hip Replacement Devices Market Size (2023 to 2028)

The size of the Hip replacement devices Market in the Middle East and Africa was worth USD 0.40 billion in 2023 and estimated to be growing at a CAGR of 3.2%, to reach 0.47 billion USD million by 2028.

Hip replacement is a common surgical treatment involving replacing a hip joint with a prosthetic implant. The procedure can be completed as a complete or hemi (half) replacement. A hip replacement is a surgical procedure in which a damaged or shattered hip joint is removed and replaced with an artificial joint or prosthesis. Osteoarthritis is one of the most common causes of hip disease.

One of the most important aspects is that the operation frequently relieves arthritis or hip fracture discomfort. In recent years, osteoarthritis has become more widespread. It's also more common among the elderly, which has been rising in recent years. The key driving factor behind this market is the rising prevalence of osteoarthritis. Other factors contributing to the market's growth include an increase in injuries and an increase in the obese population in the Middle East and Africa.  The market is further expected to be developing as the prevalence of orthopedic disorders rises, famous physiotherapists emerge in the Middle East and Africa, products become more accessible and affordable, and the older population grows.

Due to an increase in the number of surgical procedures for hip replacement implants, a strong presence of key players, and technical improvements leading to product innovation and offers, the hip replacement implants market in the Middle East and Africa is expected to grow during the forecast period.

The procedure is highly costly, and it may put patients under a financial strain, limiting market expansion. Some of the most significant hurdles include price pressure, the risk of complications following surgery, and the time to get surgery at a hospital. Apart from the aging population, the hip replacement devices market has benefited from recent technological advancements that have improved the quality of artificial hips while making surgery more accessible to the general public. The scarcity of qualified hip replacement providers and surgeons in far-flung locations is further predicted to hamper the market's growth rate.

This research report on the Middle East and Africa hip replacement devices market has been segmented and sub-segmented into the following categories:

By product:

• Total Procedure
• Fixed
• Mobile-Bearing
• Partial Hip Replacement
• Hip Resurfacing
• Revision Hip Replacement

By Material:

• Metal
• Metal on Polyethylene
• Ceramic on Metal
• Ceramic on Polyethylene
• Ceramic on Ceramic

By End-user:

• Ambulatory Surgical Centres
• Hospitals
• Orthopedic Clinics

By Country:

• KSA
• UAE
• Israel
• rest of GCC countries
• South Africa
• Ethiopia
• Kenya
• Egypt
• Sudan
• rest of MEA

The Middle East and Africa account for a small portion of the global market for hip replacement devices during the forecast period. However, this regional market is forecasted to hike at a steady rate during the forecast period due to an increase in the number of surgical procedures for hip replacement implants, a strong presence of key players, and technical improvements leading to product innovation and offerings; during the projected period, the market for hip replacement implants in MEA is expected to increase.

Hip fractures, hip osteoarthritis, a favorable reimbursement scenario, and technological advancements are the primary factors driving market growth in countries like the UAE and Kuwait. Furthermore, increased public health awareness and a boost in the population's spending capability propel the business ahead.

The current trend toward minimally invasive surgery is one of the significant considerations for the hip replacement products market (MIS). The MIS has caught the interest of MEA governments, notably in the area of hip implants. New implants have recently been developed that make it simpler to promote minimally invasive surgeries and navigation techniques to improve patients' postoperative quality of life.

The market for customized hip replacement devices has grown due to technological advancements. Due to material advancements, the MEA hip replacement device industry is predicted to develop.

KEY MARKET PLAYERS:

Companies playing a significant role in the MEA hip replacement market are B. Braun Melsungen AG, Exactech, Inc., DJO Global, Inc., Johnson & Johnson, MicroPort Scientific Corporation, OMNIlife science, Inc., Smith & Nephew, Zimmer Biomet Holdings, Inc., and Stryker Corporation.