U.S. Direct Anterior Approach Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2030
U.S. Direct Anterior Approach Market Summary:
Market Research Future (MRFR) reports that the U.S.
Direct Anterior Approach Market is deemed to surpass a valuation of USD
1,793.2 million during the forecast period (2022-2030). The growth can be observed
due to favourable reimbursement schemes, increasing number of arthritis
patients, and technological advancements in this field. Furthermore, the
government initiative of allocating new funds coupled with development of new
policies have reduced the waiting time for hip reconstructions and increased
the number of operations. These factors can drive the market growth remarkably.
The technological advancements such as newly developed prostheses with improved
strength and reliability of joints reduce the need and cost of revision
surgery. Hence, the emergence of these
techniques is expected to drive the market expansion in the forecast period.
Noteworthy trends are making their way into the market,
namely development of robotics for increased precision and advent of
sophisticated technology for quicker recovery time. For instance, the latest
advanced technology called SUPERPATH, involves sparing the surrounding muscles
and tendons when performing total hip replacement surgery. It also assures
swift recovery time for the patient and reduced hospital stay.
However, high cost of total hip arthroplasty (THA)
can prove detrimental to the otherwise growing market. But noteworthy factors
such as rising geriatric population, and growing research and development by key
players globally, leave a positive impact on the Direct Anterior Approach
Market Growth and negate the aforementioned restraints.
The U.S. Direct Anterior Approach (Total Hip Replacement)
in ACS Market– Competitive Dashboard
Prominent U.S.
Direct Anterior Approach Market Players are
Proliance Surgeons, OrthAlign, Inc., Smith & Nephew,
Zimmer Biomet, Stryker, Orthoillinois, Bone & Joint Surgery Clinic, Centre
for Special Surgery, The Hip and knee center, and Johnson & Johnson
Services Inc. (DePuy Synthes), and others.
The U.S. Direct Anterior Approach (Total Hip Replacement)
Market in ACS – Segmental Analysis
According to the extensive report, the U.S. direct anterior
approach (total hip replacement) in ambulatory surgical centers (ASC) market is
segmented on the basis of U.S. total hip replacement, U.S. total hip
replacement by direct anterior approach (DAA), and U.S. total hip replacement
for DAA in ASC. The U.S. Total Hip
Replacement by DAA segment is booming aggressively as this form of surgery
reduces recovery time resulting in decreased hospital stay, and less scarring
is observed. It can touch a valuation of USD 4,926.5 million by 2023, growing
at a 6.1% CAGR during the forecast period.
U.S. Direct Anterior Approach Market Regional Outlook
The U.S. direct anterior approach (total hip replacement) in
ACS market has been on an upward trajectory owing to rising demand for
minimally invasive procedures. The associated advantages with minimally
invasive surgeries can boost market growth during the forecast period in the
United States. Moreover, key manufacturers are focusing on technological
advances and are striving to expand their geographical outreach to strengthen
their market position.
Continuous innovation is one of the aspects these players
are leveraging for competitive gains, leading to the scaling of the market in
the U.S. In addition, increasing incidence of injuries and rising cases of
obesity can fuel market growth. The presence of high-quality healthcare system
has been paramount in boosting the market in the region. Product launches by
key manufacturers are keeping the market afloat. For instance, in June 2018,
OrthoGrid Systems launched HipGrid NINE for outpatient total hip replacement,
which enables greater utility for C-arm imaging systems often found in
ambulatory surgery centers and hospitals.
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