January 30, 2006 -- Hip replacement surgeries are booming. According to estimates, there are now over 160,000 hip replacements performed every year, just in the US, plus another 38,000 in the UK. Those are big numbers and they are growing. The growth comes partly from an aging population, but also because people are considering hip replacements at a younger age. And many want to stay active after their hip replacement, which means a second or even third operation will be needed. All of that increases demand, and the demand is for new and better products. We look at the device makers, their products and their prospects...