The current study focuses on improving the wear resistance of femoral head component and enhancing the osseo-integration properties of femoral stem component of a hip implant made of a new generation low modulus alloy, Ti-35Nb-7Zr-5Ta or TNZT. Different techniques that were adopted to improve the wear resistance of low-modulus TNZT alloy included; (a) fabrication of graded TNZT-xB (x= 0, 1, 2 wt%) samples using LENS, (b) oxidation, and (c) LASER nitriding of TNZT. TNZT-1B and TNZT-O samples have shown improved wear resistance when tested against UHMWPE ball in SBF medium. A new class of bio-ceramic coatings based on calcium phosphate (CaP), was applied on the TNZT sample surface and was further laser processed with the objective of enhancing their osseo-integration properties. With optimized LASER parameters, TNZT-CaP samples have shown improved corrosion resistance, surface wettability and cellular response when compared to the base TNZT sample.