Hip Replacement Market Size Worth USD 11.20 Billion by 2031

The Hip Replacement Market is witnessing steady growth, driven by a rise in osteoarthritis cases, an aging population, and increasing advancements in orthopaedic implant technology. Valued at USD 7.7 billion in 2023, the market is projected to reach USD 11.20 billion by 2031, expanding at a CAGR of 4.8% over the forecast period from 2024 to 2031.