The Artificial Hip Joint Industry, which reached USD 7.65 billion in 2023, is projected to grow at a Compound Annual Growth Rate (CAGR) of 5.3% from 2024 to 2031, reaching an estimated USD 11.57 billion by 2031. This growth is driven by advancements in hip joint technology, an aging global population, and increasing incidence of hip-related ailments.
Key Growth Drivers:
Technological...
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