- Knee,
- Hip,
- Shoulder,
- Ankle Others
Orthopedic Joint Replacement Market size was valued at USD 21,322.2 million in 2022 and is poised to grow at a significant CAGR of 4.2% from 2023-2029. 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 Orthopedic Joint Replacement 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.
Orthopedic Joint Replacement Market 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.
Orthopedic Joint Replacement Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
4.2%
Largest Market
North America
Fastest Growing Market
North America
Orthopedic Joint Replacement Market Dynamics
The increase in the prevalence of orthopedic disorders, osteoporosis, Osteoarthritis (OA), and lower extremity conditions are some factors driving the market for joint replacement.
North-America Got Significant Share
Orthopedic Joint Replacement Market Regional Analysis
By region, the North America market is expected to witness highest market share during the forecast period. An increase in factors, such as the prevalence of osteoarthritis, geriatric population, availability of insurance coverage, and increase in trauma and accident cases and projected to drive the demand for joint replacements in North America.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The orthopedic joint replacement market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Orthopedic Joint Replacement Market Segmentation
By Product Type
By Procedure
- Total Replacement,
- Partial Replacement
- Others
By End User
- Hospital,
- Ambulatory Surgical Centers,
- Orthopedic Clinics and
- Others
Frequently Asked Questions
The orthopedic joint replacement market is projected to expand at a CAGR of 4.2% during the forecast period.
The major players in the global Orthopedic Joint Replacement market are Stryker (U.S), Johnson & Johnson Services, Inc. (U.S), Smith & Nephew (U.K), Zimmer Biomet (U.S), Integra Life Sciences (U.S), B. Braun Melsungen AG (Germany), Bioimpianti (Italy), Conformis (U.S), MicroPort Scientific Corporation (China).
North America is the fastest-growing region for orthopedic joint replacement market
| 1. Executive Summary |
| 2. Global Orthopedic Joint Replacement Market Introduction |
| 2.1. Global Orthopedic Joint Replacement Market Taxonomy |
| 2.2. Global Orthopedic Joint Replacement Market Definitions |
| 2.2.1. By Product |
| 2.2.2. By Procedure |
| 2.2.3. By End User |
| 3. Global Orthopedic Joint Replacement Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Orthopedic Joint Replacement Market Dynamic Factors - Impact Analysis |
| 3.6. Global Orthopedic Joint Replacement Market Competition Landscape |
| 3.7. Epidemiology |
| 4. Global Orthopedic Joint Replacement Market Analysis,2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Orthopedic Joint Replacement Market, By Product, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 5.1. Knee |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Hip |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Shoulder |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Ankle |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Global Orthopedic Joint Replacement Market Forecast, By Procedure, 2018 - 2022 and Forecast, 2023 - 2029 |
| 6.1. Total Replacement |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Partial Replacement |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Others |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Orthopedic Joint Replacement Market Forecast, By End User, 2018 - 2022 and Forecast, 2023 - 2029 |
| 7.1. Hospital |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Ambulatory Surgical Centers |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Orthopedic Clinics |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Global Orthopedic Joint Replacement Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Orthopedic Joint Replacement Market - Opportunity Analysis Index, By Product, Procedure, End User, and Region, 2023 - 2029 |
| 9. North America Orthopedic Joint Replacement Market Analysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 9.1. Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Knee |
| 9.1.2. Hip |
| 9.1.3. Shoulder |
| 9.1.4. Ankle |
| 9.1.5. Others |
| 9.2. Procedure Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Total Replacement |
| 9.2.2. Partial Replacement |
| 9.2.3. Others |
| 9.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Hospital |
| 9.3.2. Ambulatory Surgical Centers |
| 9.3.3. Orthopedic Clinics |
| 9.3.4. Others |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Orthopedic Joint Replacement Market - Opportunity Analysis Index, By Product, Procedure, End User, and Country, 2023 - 2029 |
| 9.6. North America Orthopedic Joint Replacement Market Dynamics Trends |
| 10. Europe Orthopedic Joint Replacement Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 10.1. Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Knee |
| 10.1.2. Hip |
| 10.1.3. Shoulder |
| 10.1.4. Ankle |
| 10.1.5. Others |
| 10.2. Procedure Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Total Replacement |
| 10.2.2. Partial Replacement |
| 10.2.3. Others |
| 10.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Hospital |
| 10.3.2. Ambulatory Surgical Centers |
| 10.3.3. Orthopedic Clinics |
| 10.3.4. Others |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Orthopedic Joint Replacement Market - Opportunity Analysis Index, By Product, Procedure, End User,and Country, 2023 - 2029 |
| 10.6. Europe Orthopedic Joint Replacement Market Dynamics Trends |
| 11. Asia-Pacific Orthopedic Joint Replacement Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 11.1. Product Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Knee |
| 11.1.2. Hip |
| 11.1.3. Shoulder |
| 11.1.4. Ankle |
| 11.1.5. Others |
| 11.2. Procedure Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Total Replacement |
| 11.2.2. Partial Replacement |
| 11.2.3. Others |
| 11.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Hospital |
| 11.3.2. Ambulatory Surgical Centers |
| 11.3.3. Orthopedic Clinics |
| 11.3.4. Others |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Orthopedic Joint Replacement Market - Opportunity Analysis Index, By Product, Procedure, End User, and Country, 2023 - 2029 |
| 11.6. Asia-Pacific Orthopedic Joint Replacement Market Dynamics Trends |
| 12. Latin America Orthopedic Joint Replacement Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 12.1. Product Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Knee |
| 12.1.2. Hip |
| 12.1.3. Shoulder |
| 12.1.4. Ankle |
| 12.1.5. Others |
| 12.2. Procedure Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Total Replacement |
| 12.2.2. Partial Replacement |
| 12.2.3. Others |
| 12.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Hospital |
| 12.3.2. Ambulatory Surgical Centers |
| 12.3.3. Orthopedic Clinics |
| 12.3.4. Others |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Orthopedic Joint Replacement Market - Opportunity Analysis Index, By Product, Procedure, End User, and Country, 2023 - 2029 |
| 12.6. Latin America Orthopedic Joint Replacement Market Dynamics Trends |
| 13. Middle East and Africa Orthopedic Joint Replacement Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) (Volume, Kiloton) |
| 13.1. Product Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Knee |
| 13.1.2. Hip |
| 13.1.3. Shoulder |
| 13.1.4. Ankle |
| 13.1.5. Others |
| 13.2. Procedure Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Total Replacement |
| 13.2.2. Partial Replacement |
| 13.2.3. Others |
| 13.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Hospital |
| 13.3.2. Ambulatory Surgical Centers |
| 13.3.3. Orthopedic Clinics |
| 13.3.4. Others |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Orthopedic Joint Replacement Market - Opportunity Analysis Index, By Product, Procedure, End User, and Country, 2023 - 2029 |
| 13.6. MEA Orthopedic Joint Replacement Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Procedure& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Stryker (U.S) |
| 14.2.2. Johnson & Johnson Services, Inc. (U.S) |
| 14.2.3. Smith & Nephew (U.K) |
| 14.2.4. Zimmer Biomet (U.S) |
| 14.2.5. Integra LifeSciences (U.S) |
| 14.2.6. B. Braun Melsungen AG (Germany) |
| 14.2.7. Bioimpianti (Italy) |
| 14.2.8. Conformis (U.S) |
| 14.2.9. MicroPort Scientific Corporation (China) |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
- Stryker (U.S)
- Johnson & Johnson Services, Inc. (U.S)
- Smith & Nephew (U.K)
- Zimmer Biomet (U.S)
- Integra LifeSciences (U.S)
- Bioimpianti (Italy)
- Conformis (U.S)
- MicroPort Scientific Corporation (China)
- Braun Melsungen AG (Germany)