The hip replacement procedures in the UK are projected to grow steadily from 2024 to 2028, with an increment of approximately 0.3% annually. The number of procedures in 2023 stood at around 123.79 thousand. The year-on-year growth from 2024 to 2028 remains consistent at about 0.24%, with the compound annual growth rate (CAGR) over these five years around 0.24% as well. This indicates a stable demand for hip replacement surgeries.
Future trends to watch for:
- Innovations in surgical methods and materials could potentially influence the rate of procedures.
- Demographic shifts, such as an aging population, are likely to drive increased demand.
- Policy changes in healthcare funding could impact access and growth.