Orthopedic Joint Replacement Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product ( Knee, Hip, Shoulder, Ankle Others) By Procedure (Total Replacement, Partial Replacement Others) By End User (Hospital, Ambulatory Surgical Centers, Orthopedic Clinics and Others) and Region Forecast 2020-2031

Orthopedic Joint Replacement Market size was valued at US$ 22,217.7 million in 2024 and is expected to reach US$ 29,632.9 million by 2031, growing at a significant CAGR of 4.2% from 2025-2031. The global market provides a detailed overview of the market and that can be segmented By Product, Procedure, and End User. By Product, the market has been segmented into Knee, Hip, Shoulder, Ankle Others. The Knee segment is likely to be the largest and fastest-growing segment in terms of connectivity. Based on the Procedure, the market is segmented into Total Replacement, Partial Replacement, and Others. Among these, the Total Replacement segment is expected to have the fastest-growing market during the forecast period. Based on End Users, the market is segmented into hospitals, ambulatory surgical centers, orthopedic clinics, and Others. Hospital is expected to dominate the market in the future according to Precision Business Insights

Key Development:

In September 2022, Stryker has announced the release of Mako Total Hip 4.0. With CT-based 3D modeling and new planning features, this SmartRoboticsTM system provides unprecedented information.