Towards Healthcare
Smart Implant in Orthopedics Market Captures USD 41.96 Bn by 2034

Smart Implant in Orthopedics Market Overview, Growth Forecast and Technology Trends

Projections indicate that, the global smart implant in orthopedics market will increase from USD 26.92 billion in 2024 to USD 41.96 billion by 2034, experiencing a CAGR of 4.55% over the next 10 years. The market is driven by the rising prevalence of orthopedic disorders and the increasing adoption of robotics. North America led the market due to the presence of advanced healthcare sectors.

Category: Medical Devices Insight Code: 5633 Format: PDF / PPT / Excel

Rohan Patil

Principal Consultant

Aditi Shivarkar

Reviewed By

The global smart implant in orthopedics market size is calculated at USD 26.92 in 2024, grew to USD 28.14 billion in 2025, and is projected to reach around USD 41.96 billion by 2034. The market is expanding at a CAGR of 4.55% between 2025 and 2034.

Smart Implant in Orthopedics Market Size 2024 - 2034

Key Takeaways

  • Smart implant in orthopedics industry poised to reach USD 26.92 billion in 2024.
  • Forecasted to grow to USD 41.96 billion by 2034.
  • Expected to maintain a CAGR of 4.55%  between 2025 to 2034.
  • North America dominated the global smart implant in orthopedics market share by 43% 2024.
  • Asia Pacific is expected to grow significantly during the forecast period.
  • By application type, the knee segment dominated the market in 2024.
  • By application type, the hip segment is estimated to be the fastest growing at a notable CAGR during the forecast period.
  • By component type, the implants segment dominated the market in 2024.
  • By component type, the electronic segment is anticipated to be the fastest growing during the forecast period.
  • By procedure type, the total replacement segment dominated the market in 2024.
  • By procedure type, the partial replacement segment is estimated to be the fastest growing at a notable CAGR during the forecast period.
  • By end user, the hospital segment dominated the global smart implant in orthopedics market in 2024.
  • By end user, the ASCs segment is predicted to be the fastest growing during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2025 USD 28.14 Billion
Projected Market Size in 2034 USD 41.96 Billion
CAGR (2025 - 2034) 4.55%
Leading Region North America Share by 43%
Market Segmentation By Application, By Component, By Procedure, By End-use, By Region
Top Key Players Stryker, Zimmer Biomet, Abbott., Medtronic, CONMED Corporation., Nevro Corp., Exactech, Inc., Biotronik., Boston Scientific Corporation., Cochlear Ltd.

Market Overview

The implantable devices that offer both therapeutic and diagnostic benefits are known as smart implants. Its application extends towards fracture fixation, knee arthroplasty, spine fusion, hip arthroplasty, etc. In most cases, these implants were used to measure physical parameters from inside the body, such as displacement, pressure, temperature, strain, etc. Thus, the data obtained by the smart implants enhance the surgical technique, strategies for postoperative care, implant design, and rehabilitation. Moreover, for the development of next-generation smart implants, sensors are being used to make them simple, inexpensive, small, and robust.

  • In May 2025, ActiMed Orthopedics announced a strategic investment in EDGe Surgical, a Chicago-based medical device company and developer of the Ortho EDG. This investment reflected ActiMed's commitment to scaling precision technologies to minimize surgical inefficiencies and enhance patient outcomes.
  • In May 2025, as per the medical director of AJ Hospital & Research Centre, the collaboration between them and Smith & Nephew, along with the adoption of the CORI robotic platform, was a medical milestone was achieved. The first CORI Robotic Unicondylar Knee Replacement (UKR) was successfully performed at AJ Hospital and Research Centre. (Source - Access Newswire)

AI Integration in the Smart Implant in Orthopedics Market

By integrating AI into smart orthopedic implants, the detection of infections, as well as the development of personalized treatment approaches, can be facilitated. With the aid of AI algorithms, infection rates, along with data on successful surgery outcomes, are also provided. Moreover, rehabilitation treatment plans after surgeries can also be made available using AI. At the same time, it monitors the healing process, as well as the performance and durability of the implants. Thus, with the help of AI, the failure rates during implant surgeries can be minimized.

Market Dynamics

Driver

Increasing Orthopedic Disorders

Due to the growing geriatric population and increasing number of accidents, various orthopedic disorders are on the rise. This, in turn, leads to a higher demand for orthopedic surgeries. At the same time, the use of traditional implants may lead to complications in patients. Thus, to deal with all these factors, the demand for the use of smart orthopedic implants increases for long-term management of such chronic conditions. Moreover, it helps in reducing the complications as well as increases patient satisfaction, improving patient outcomes. This, in turn, enhances the smart implant in the orthopedics market growth.

Estimated Hip Fracture Rates in 2050

The graph represents the estimated hip fracture rates expected to be observed in 2050. It indicates that there will be a rise in the incidence of hip fractures, which in turn, increases the demand for smart orthopedic implants for their effective management. Thus, this in turn will ultimately promote the market growth. (Source - International Osteoporosis Foundation)

Restraint

High Price

The development process of smart orthopedic implants is very high. At the same time, for compliance with regulatory guidelines, its manufacturing becomes complicated. Similarly, the cost of clinical trials also adds up. Thus, all these together make the smart orthopedic implants expensive. Hence, the patient prefers the use of traditional implants.

Opportunity

Rising use of Robotics

Due to the increasing demand for the use of smart orthopedic implants, there is a rise in various new approaches to making surgeries more precise. This increased the use of robots during the surgeries, which enhanced the accuracy of implantations. Furthermore, new platforms are also being introduced in these implants for various functions. Thus, this, in turn, helps in improving the precision, effectiveness, safety, as well as accuracy involved during the implantation process. At the same time, this enhances patient outcomes. Thus, the use of robotics helps in promoting the smart implant in orthopedics market growth.

For instance,

  • In April 2025, with the help of Dr. David V. Cashen, who is a Joint Replacement specialist at Coastal Orthopedics Surgery Center in Bradenton, Florida, the first use of Maxx Orthopedics' Freedom Total Knee implant, which consists of the TMINI® Miniature Robotic System, was announced to be successful by the THINK Surgical, Inc. (Source - TMCnet.com)

Segmental Insights

Knee Segment Dominated in 2024

By application type, the knee segment dominated the market in 2024. Knee smart implants helped in detecting the healing as well as complications during the surgeries. This contributed to the smart implant in orthopedics market growth.

Hip Segment: Fastest Growing

By application type, the hip segment is estimated to be the fastest growing at a notable CAGR during the forecast period. The increasing hip fractures, as well as an aging population, have increased the demand for the use of smart implants.

The Implants Segment Led in 2024

By component type, the implants segment dominated the smart implant in orthopedics market in 2024. The implants helped in monitoring the healing rates, temperature, pressure, etc in the body, which enhanced the patient outcomes.

Electronic Segment: Fastest Growing

By component type, the electronic segment is anticipated to be the fastest growing during the forecast period. The electronic component offers real-time monitoring as well as data collection, which enhances the smart orthopedic implant's performance.

Total Replacement Segment Dominated

By procedure type, the total replacement segment dominated the smart implant in orthopedics market in 2024. The use of smart implants in total replacement procedures provided accurate alignments as well as minimized the complications associated with it.

Partial Replacement Segment: Fastest Growing

By procedure type, the partial replacement segment is estimated to be the fastest growing at a notable CAGR during the forecast period. The smart implants in partial replacement procedures reduce tissue damage, which enhances their use in the market.

Hospital Segment Dominated in 2024

By end user, the hospital segment dominated the global smart implant in orthopedics market in 2024. Hospitals offered smart orthopedic implant services to a wide range of the population. This enhanced the market growth.

ASCs Segment: Fastest Growing

By end user, the ASCs segment is predicted to be the fastest growing during the forecast period. They consist of advanced technologies that improve the performance of smart implants as well as patient outcomes.

Why is There a Rise in the Demand for Smart Orthopedic Implants in Different Regions?

Smart Implant in Orthopedics Market Share, By Region, 2024 (%)

Advanced Healthcare Sector Drives North America

North America dominated the smart implant in orthopedics market share bt 43% in 2024. North America consisted of a well-developed healthcare sector, along with the presence of advanced technologies as well as skilled personnel. This enhanced the production of smart implants, which contributed to the market growth.

The U.S. Smart Implant in Orthopedics Market Trends

The healthcare sector in the U.S is well established, due to which various new developments, as well as the production of smart orthopedic implants, are increasing. At the same time, with the help of advanced technologies, new features are also being added to these implants.

The Canada Smart Implant in Orthopedics Market Trends

The hospitals in Canada are adopting smart orthopedic implants to enhance the accuracy and patient outcomes. Moreover, the industries are also developing various new AI-based smart orthopedic implants, which are increasing the collaborations between them.

Developing Healthcare Boosts Asia Pacific

Asia Pacific is estimated to host the fastest-growing smart implant in the orthopedics market during the forecast period. The healthcare sector in Asia Pacific is developing by utilizing various technological advancements and new developments. Along with these factors, the government also provides its support, enhancing the market growth.

The China Smart Implant in Orthopedics Market Trends

Due to a large population, the healthcare systems in China are using smart implants to address rising orthopedic disorders. At the same time, to meet the rising demand for its use, they are also utilizing various technologies.

The India Smart Implant in Orthopedics Market Trends

The healthcare sector in India is developing, due to which advanced treatment options are increasing, which increases the demand for smart orthopedic implants. Furthermore, to make these approaches affordable government is also providing its support.

Europe Driven by Growing Orthopedic Disorders

Europe is expected to grow significantly in the smart implant in orthopedics market during the forecast period. The rising orthopedic disorders are increasing the demand for the use of smart orthopedic implants. This, in turn, promotes the market growth.

The Germany Smart Implant in Orthopedics Market Trends

Due to increasing orthopedic disorders in Germany, the use, as well as the production of smart orthopedic implants, is rising. At the same time, the new developments are also driving their demand in the market.

The UK Smart Implant in Orthopedics Market Trends

The industries in the UK are focused on the research and development of various new smart implants with the use of AI for enhancing their performance and accuracy. This, in turn, is also increasing the number of collaborations.

Top Companies in the Smart Implant in Orthopedics Market

Smart Implant in Orthopedics Market Companies

  • Stryker
  • Zimmer Biomet
  • Abbott.
  • Medtronic
  • CONMED Corporation.
  • Nevro Corp.
  • Exactech, Inc.
  • Biotronik.
  • Boston Scientific Corporation.
  • Cochlear Ltd.

Latest Announcements by Industry Leaders

  • In May 2025, Dr. Nikhilesh Das, orthopedic surgeon at the Peerless Hospital, Kolkata, stated that, along with the enhancement of precision in implant positioning and bone cutting, the tissue damage was also reduced with the help of Humanoid robots. This, in turn, minimized the pain associated with post-operation and accelerated the recovery rates.
  • In March 2025, the AlloSource President and CEO, Dean Elliott, stated that, to streamline hip arthroscopy, they have developed AceConnex Pre-Sutured Fascia. Thus, for making complex hip arthroscopy procedures easy, this 200-implant milestone helps them move closer to their goal of providing innovative solutions to the surgeons. (Source - MORNINGSTAR)

What are the Recent Developments in the Smart Implant in Orthopedics Market?

  • In April 2025, a flagship second-generation solution was introduced by MicroPort Orthopedics Inc., that is Evolution® Medial-Pivot Knee in India. It provides anatomical motion, superior flexion stability, as well as wear-limiting design, which mimics the natural motion and stability of the knee, enhancing patient outcomes. 
  • In April 2025, the FDA approval was received for the new knee implant developed by BioPoly LLC, which is a Fort Wayne-based orthopedic implant company, for clinical trials. As per the company, this implant will address cartilage defects present in the knee, which are associated with persistent pain. (Source - ANI)

Segments Covered in the Report

By Application

  • Knee
  • Hip
  • Others

By Component

  • Implants
  • Electronic Components

By Procedure

  • Total Replacement
  • Partial Replacement
  • Others

By End-use

  • Hospitals
  • ASCs
  • Research Institutes

By Region

  • North America 
    • U.S. 
    • Canada 
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa 
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 22 May 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Rohan Patil is a market research expert with 5+ years of experience in healthcare, specializing in market dynamics, emerging trends, and technology-driven innovations to guide data-driven decisions for healthcare organizations.

Learn more about Rohan Patil

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 implantable devices that offer therapeutic as well as diagnostic benefits are known as smart implants.

Stryker is the major player in the market.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.