Towards Healthcare
Orthopedic Implants Market Size Skyrockets at 5.34% CAGR by 2034

Orthopedic Implants Market Innovations and Forecast 2024 - 2034

According to market projections, the orthopedic implant sector is expected to grow from USD 47.63 billion in 2024 to USD 80.14 billion by 2034, reflecting a CAGR of 5.34%. The market is growing due to an aging population and rising cases of joint-related disorders. Technological advancements and improved surgical techniques are boosting demand. Increased access to healthcare and lifestyle-related issues like obesity also contribute to market expansion.

Category: Therapeutic Area Insight Code: 5601 Format: PDF / PPT / Excel

Kesiya Chacko

Principal Consultant

Aditi Shivarkar

Reviewed By

The global orthopedic implants market size is calculated at USD 47.63 billion in 2024, grow to USD 50.18 billion in 2025, and is projected to reach around USD 80.14 billion by 2034. The market is rising at a CAGR of 5.34% between 2025 and 2034.

Orthopedic Implants Market Size 2024 - 2034

Key Takeaways

  • North America dominated the orthopedic implants market in 2024.
  • Asia-Pacific is anticipated to grow at the fastest rate in the market during the forecast period.
  • By product, the joint reconstruction segment held a dominant presence in the market in 2024.
  • By product, the spinal implant segment is anticipated to grow at a significant rate in the market during the studied years.
  • By end-user, the hospitals and ambulatory surgery segment was dominant in the market in 2024.
  • By end-user, the orthopedic clinics and others segment is expected to grow at the highest CAGR in the market during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2024 USD 47.63 Billion
Projected Market Size in 2034 USD 80.14 Billion
CAGR (2025 - 2034) 5.34%
Leading Region North America
Market Segmentation By Product, By End-user, By Region
Top Key Players Biomet Holdings, Inc., Stryker Corporation, Medtronic plc, BioTek Instruments, Inc, Arthrocare Corporation, Orthopedic Implant Company, Smith and Nephew plc, Integra Life Sciences Holdings Corporation, NuVasive, Inc, Aesculap Implant Systems

Orthopedic Implants: Outsourcing Expertise

Orthopedic implants are medical devices surgically placed in the body to replace, support, or stabilize bones and joints affected by injury, disease, or deformity. They are typically made from biocompatible materials such as titanium, stainless steel, or medical-grade polymers. Common types include plates, screws, rods, and joint prostheses. The market is growing due to the aging population and the increasing prevalence of bone and joint disorders such as arthritis and osteoporosis. The rising number of road accidents is also driving demand. Technological advances, such as 3D printing, robotic-assisted surgeries, and improved biomaterials, are enhancing treatment outcomes. Additionally, growing healthcare infrastructure, better patient awareness, and increasing access to medical care in developing regions are further contributing to the orthopedic implants market expansion.

For Instance,

  • In April 2023, Think Surgical received FDA 510(k) clearance for its TMINI robotic system, which is intended for use in orthopedic surgeries. This compact system includes a wireless robotic handpiece that helps improve surgical accuracy, particularly during total knee replacement procedures. The approval confirms its compatibility with orthopedic implants, marking a significant step in enhancing surgical precision and efficiency.
  • In September 2023, Enovis finalized its acquisition of LimaCorporate S.p.A., a privately owned global leader in orthopedics. LimaCorporate is known for its innovative range of implant solutions designed to restore mobility. This acquisition strengthens Enovis' position in the orthopedic market by expanding its product offerings and capabilities.
  • In February 2024, Zeda, Inc., a global leader in healthcare innovation, announced its acquisition of The Orthopaedic Implant Company (OIC), known for its value-based orthopedic implants. This strategic move strengthens Zeda’s commitment to transforming the production and distribution of medical devices worldwide.

How Can AI Affect the Orthopedic Implants Market?

AI is poised to revolutionize the market by enhancing various aspects, from design to patient care. AI-driven tools like machine learning and 3D modeling enable more precise, customized implant designs tailored to individual patient anatomy. Additionally, AI applications in surgical planning and navigation can improve the accuracy of implant placement, reducing errors and complications. AI-powered predictive analytics can also monitor patient recovery, offering real-time insights for proactive care. These technological advancements will not only improve clinical outcomes but also drive innovation and growth in the orthopedic implants market, benefiting both healthcare providers and patients.

Market Dynamics

Driver

Aging Population

The aging population is driving the orthopedic implants market due to the increased prevalence of age-related musculoskeletal conditions, such as arthritis, osteoporosis, and tears in joints and bones becoming more significant, leading to a higher need for treatment like joint replacement and spinal surgeries. Older individuals are also more prone to fractures and injuries, further increasing the demand for orthopedic implants. According to the World Health Organization, the global geriatric population is expected to increase from 1 billion to 1.4 billion by 2030, with one in every six people projected to be 60 years or older. This significant growth highlights the rising proportion of elderly individuals worldwide. This demographic shift contributes to a growing market for implants designed to restore mobility and improve the quality of life for elderly patients.

Restraint

High-Cost Orthopedic Implants

The high cost of orthopedic implants is are major restraint to market growth because it limits access to these essential medical devices, particularly in developing regions or for lower-income patients. Expensive implants can lead to increased healthcare costs, making it difficult for many individuals to afford necessary surgeries. Additionally, the high prices put pressure on the healthcare system and insurance providers, who may limit coverage or reimbursement for advanced implants. This financial barrier slows the adoption of new technologies and treatments, hindering market expansion.

For Instance,

  • In 2023, an article from the National Center for Biotechnology Information (NCBI) states that the cost of knee replacement surgery can vary between USD 15,000 and USD 70,000.

Opportunity

Government Initiatives

Government initiatives are a good opportunity to increase funding and support for healthcare infrastructure, especially in developing regions. Programs aimed at improving access to healthcare and reducing the cost of medical treatments can make orthopedic surgeries more affordable, thus expanding the market. Additionally, the government may implement policies that encourage innovation in medical technologies, offer subsidies, or provide reimbursement for surgeries involving orthopedic implants. These initiatives can drive demand for advanced, important solutions, fostering market growth and improving patient access to care.

For Instance,

  • In November 2024, the Indian government launched a Rs 500 crore MedTech program to support local medical equipment manufacturers in resuming production and expanding into exports. This initiative is expected to boost export opportunities and address the industry's talent shortage. The MedTech scheme aims to help Indian manufacturers tap into the growing market, with projections indicating a market size of US$ 20 billion by 2026-2027.

Segmental Insights

The Joint Reconstruction Segment Dominated

By product, the joint reconstruction segment held a dominant presence in the market in 2024, primarily driven by the increasing prevalence of degenerative joint diseases like osteoarthritis and rheumatoid arthritis, which often require joint replacement procedures. Advances in implant material, surgical techniques, and prosthetic design have led to improved outcomes and longer-lasting implants, encouraging more patients to opt for these surgeries. Additionally, the integration of cutting-edge technologies, such as robotic-assisted surgery and 3D printing, has enhanced the precision and customization of joint implants. These factors have collectively contributed to the strong growth and dominance of the orthopedic implants market.

The Spinal Implant Segment is Significantly Growing

By product, the spinal implant segment is anticipated to grow at a significant rate in the market during the studied years, due to increasing cases of spinal injuries and trauma caused by accidents, falls, and physically demanding lifestyles. Rising adoption of sedentary behavior and poor posture, especially among younger populations, is contributing to early spinal issues, prompting demand for corrective procedures. Moreover, growing investments in R&D and the launch of innovative, motion-preserving spinal devices are offering better treatment alternatives, making spinal implants a preferred choice in modern spinal care.

For Instance,

  • In January 2024, Acelus, a company specializing in advanced spinal implant technologies, introduced the Linesider Modular-Cortical System. This new system is designed for use in spinal surgeries and aims to enhance outcomes for patients undergoing spinal implant procedures.

The Hospitals and Ambulatory Surgery Segment Led

By end-user, the hospitals and ambulatory surgery segment was dominant in the orthopedic implants market in 2024, due to their advanced infrastructure and skilled surgical teams capable of handling complex procedures. These facilities are early adopters of cutting-edge technologies like robotic-assisted systems and image-guided navigation, which enhance surgical precision and improve outcomes. Additionally, they offer comprehensive care from pre-surgery evaluation to post-operative rehabilitation, making them the preferred choice for both patients and healthcare providers, thereby driving the orthopedic implant market expansion.

The Orthopedic Clinics and Others Segment Highest CAGR

By end-user, the orthopedic clinics and others segment is expected to grow at the highest CAGR in the market during the forecast period due to increasing preference for outpatient care. These clinics offer cost-effective, efficient services with shorter recovery times, attracting a larger patient base. The adoption of minimally invasive techniques and advanced technologies like robotic-assisted procedures and 3D printing enhances treatment precision and patient outcomes. This shift towards specialized, technology-driven care is fueling the rapid growth of the orthopedic implant market.

Advanced Healthcare Infrastructure Promotes North America

North America dominated the orthopedic implants market in 2024, due to its advanced healthcare infrastructure, high prevalence of orthopedic disorders, and a large aging population. The presence of leading implant manufacturers such as Stryker, Zimmer Biomet, and Johnson & Johnson ensures rapid product innovation and availability. Additionally, favorable reimbursement policies, including Medicare and Medicaid, along with high healthcare spending, facilitate access to orthopedic surgeries. These factors combined have significantly boosted the demand for orthopedic implants, reinforcing North America's market leadership.

 The U.S. Orthopedic Implants Market Trends

The U.S. market is growing due to an aging population, which increases demand for joint replacements and treatments for age-related conditions like osteoarthritis. Technological advancements, such as robotic-assisted surgeries and smart implants, are improving surgical precision and patient outcomes. Additionally, higher rates of sports injuries, obesity, and lifestyle factors contribute to the rise in orthopedic issues. The presence of major medical device companies and strong healthcare infrastructure further supports the market's expansion.

The Canada Orthopedic Implants Market Trends

Canada's market is expanding due to an aging population, leading to a higher demand for joint replacements and treatments for age-related conditions like osteoarthritis. Technological advancements, such as minimally invasive and robotic-assisted surgeries, are improving surgical precision and reducing recovery times. Additionally, increasing healthcare investments are making high-quality implants more accessible. These factors combined are driving the continued growth of Canada's orthopedic implants market.

For Instance,

  • In February 2024, Tyber Medical LLC, a manufacturer of orthopedic devices, gained approval from Health Canada for its anatomical plating system. The system features a complete range of titanium and stainless-steel plates. Prior to this, the portfolio had already received FDA 510(k) clearance in the United States.

The Aging Population Drives Asia-Pacific

Asia-Pacific is anticipated to grow at the fastest rate in the market during the forecast period. The region's aging population, especially in countries like Japan, China, and South Korea, is leading to a higher prevalence of joint disorders such as osteoarthritis, which drives demand for orthopedic procedures, particularly joint replacements. Additionally, Asia-Pacific has become a hub for medical tourism, attracting patients seeking affordable and high-quality treatments. Investments in modernizing healthcare infrastructure in countries like India and China, coupled with technological advancements in AI, robotics, and IoT, are enhancing surgical precision and patient outcomes, further propelling the market's growth.

The China Orthopedic Implants Market Trends

China's market is growing rapidly due to its aging population, which is driving demand for treatments for conditions like osteoarthritis and osteoporosis. Technological advancements, including robotic-assisted and minimally invasive surgeries, are improving outcomes and accessibility. Significant investments in healthcare infrastructure are expanding access to advanced orthopedic care across the country. Additionally, supportive government initiatives, such as approvals for surgical robots, are enhancing procedural efficiency. These combined factors are fueling the steady growth of the market in China.

The India Orthopedic Implants Market Trends

India’s market is expanding due to increased awareness about orthopedic health and rising demand for quality healthcare in both urban and rural areas. Growing incidences of road accidents and sports injuries are also fueling the need for trauma-related implants. Furthermore, local manufacturing capabilities have improved, making implants more affordable and accessible. Government initiatives promoting “Make in India” in the medical device sector are also encouraging domestic production and reducing reliance on imports, driving market growth.

Early Diagnosis and Preventive Orthopedic Care Propels Europe

Europe is anticipated to grow at a significant rate in the orthopedic implants market during the forecast period, due to the region's focus on early diagnosis and preventive orthopedic care. Public health campaigns and initiatives promoting active lifestyles have led to a higher number of sports-related injuries, especially among middle-aged adults. Moreover, strong regulatory standards and supportive reimbursement systems encourage the adoption of high-quality implants. Collaborative research among universities, hospitals, and medical device companies also fosters innovation and strengthens Europe’s position in this market.

The UK Orthopedic Implants Market Trends

The UK market is growing due to a rising aging population, leading to increased cases of musculoskeletal disorders and joint issues. Advances in implant materials, such as 3D-printed and biocompatible devices, are enhancing outcomes and durability. There is also a growing demand for minimally invasive procedures, which offer faster recovery. Additionally, improvements in healthcare infrastructure and wider access to surgical treatments are supporting the market’s steady expansion.

The Germany Orthopedic Implants Market Trends

Germany's market is expanding due to its aging population, which increases demand for joint replacements, particularly hip and knee procedures. Technological advancements such as minimally invasive surgeries and robotic-assisted procedures improve surgical outcomes. Additionally, Germany's advanced healthcare infrastructure and high rates of surgeries contribute to the growing need for orthopedic implants, driving market growth.

For Instance,

  • The Organization for Economic Co-operation and Development (OECD) reports that in Germany, 301 out of every 100,000 people require hip replacements, while 201 per 100,000 need knee replacements. The rising incidence of these conditions is driving the growth of the orthopedic implants market in Germany.

Top Companies in the Market

Orthopedic Implants Market Companies

Latest Announcement by Industry Leaders

In May 2025, Restor3d, a Durham-based company specializing in 3D-printed orthopedic implants, secured $38 million in venture capital. Kurt Jacobus, CEO and co-founder of restor3d, stated, “This funding allows us to scale our technology further, expand access to truly personalized care, and continue setting new standards in orthopedic treatment. We are redefining what’s possible in orthopedics to better serve our surgeons and patients.”

Recent Developments in the Orthopedic Implants Market

  • In January 2024, Accelus introduced Linesider, a spinal implant system featuring a modular-cortical design. This innovative technology allows surgeons to initially place screw shanks and then personalize the implant structure by adjusting the modular rods and tulips during the procedure.
  • In January 2024, Pacific Research Laboratories, Inc. introduced a web application called ENDPOINT. This tool enables orthopedic implant manufacturers to conduct tests on devices through automated simulation applications, streamlining the testing process.

Segments Covered in the Report

By Product

  • Joint Reconstruction
    • Knee
    • Hip
    • Extremities
  • Spinal Implants
    • Spinal Fusion Devices
    • Spinal Non-Fusion Devices
  • Trauma Implants
  • Others

By End-user

  • Hospitals & Ambulatory Surgery Centers
  • Orthopedic Clinics & Others

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Denmark
    • Sweden
    • Norway
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Thailand
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait
  • Last Updated: 07 May 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Kesiya Chacko is a healthcare market research expert with 4+ years of experience, specializing in analyzing industry trends, assessing market opportunities, and providing actionable insights for businesses in healthcare sectors.

Learn more about Kesiya Chacko

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

The lifespan of orthopedic implants can vary depending on the material used, the location of the implant, and the patient activity level. Typically, implants last between 10 to 20 years, but some may last longer.

Yes, orthopedic implants are generally safe. However, like any surgery, there are risks of complications such as infections, implant failure, or allergic reactions. It is essential to follow the surgeon post-operative care instructions to minimize risks.

India Brand Equity Foundation, Food and Drug Administration, U.S. Environmental Protection Agency, European Medicines Agency, National Medical Products Administration.