The Orthopedic Devices Market is Segmented by Device Type (Joint Reconstruction Implants, Trauma Fixation Devices, and More), by Material (Titanium and Titanium Alloys, Stainless Steel, and More), by Application (Hip Orthopedic Procedures, Knee Orthopedic Procedures, and More), by End User (Hospitals, Orthopedic and Specialty Clinics, and More), by Geography (North America, Europe, Asia-Pacific, and More).

U.S. Orthopedic Devices Market is expected to maintain a steady 4.4% CAGR, leading to a market size of USD 12,254.7 Million by 2032.

The global orthopedic devices market size is projected to grow from USD 56.04 billion in 2025 to USD 76.90 billion by 2033, exhibiting a CAGR of 4.03%.
Report Scope:

Report Metric	Details
Market Size in 2024	USD 53.54 Billion
Market Size in 2025	USD 56.04 Billion
Market Size in 2033	USD 76.90 Billion
CAGR	4.03% (2025-2033)
Base Year for Estimation	2024
Historical Data	2021-2023
Forecast Period	2025-2033
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Type,By End-User,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

Knee orthopedics accounted for a 16 percent share of the global orthopedic device market as of April 2019. The statistic illustrates the share of the total global orthopedic market in 2019, by segment. The whole market was estimated to be worth around 45.5 billion U.S. dollars.

The Europe Orthopedic Devices Market is Segmented by Device Type (Joint Reconstruction Implants, Trauma Fixation Devices, and More), by Material (Titanium and Titanium Alloys, Stainless Steel, and More), by Application (Hip Orthopedic Procedures, Knee Orthopedic Procedures, and More), by End User (Hospitals, Orthopedic and Specialty Clinics, and More), by Geography (Germany, The United Kingdom, France, and More).

The Orthopedic Oncology market is expected to reach approximately USD 1,403.0 million in 2025 and expand to around USD 2,656.0 million by 2035, reflecting a compound annual growth rate (CAGR) of 6.5% over the forecast period.

Metric	Value
Industry Size (2025E)	USD 1,403.0 million
Industry Value (2035F)	USD 2,656.0 million
CAGR (2025 to 2035)	6.5%

Country Wise Analysis

Country	CAGR (2025 to 2035)
United States	3.2%

Country	CAGR (2025 to 2035)
China	6.5%

Country	CAGR (2025 to 2035)
India	5.8%

Country	CAGR (2025 to 2035)
Germany	6.0%

Country	CAGR (2025 to 2035)
United Kingdom	5.4%

Competitive Outlook

Company Name	Estimated Market Share (%)
GE Healthcare	22-26%
Siemens Healthineers	18-22%
Koninklijke Philips N.V.	10-14%
Hitachi Medical Systems	8-12%
Hologic	5-9%
Other Companies (combined)	25-35%

Orthopedic product manufacturers have faced a mix of opportunities and challenges in recent years. Despite growing medical needs, revenue growth has been subdued by climbing import penetration from countries like Mexico and persistently high input costs. Supply chain disruptions and tariff uncertainty, especially concerning critical materials like steel and titanium, have driven up prices and pushed some domestic buyers toward cheaper imported alternatives. At the same time, big companies such as Stryker and Johnson & Johnson have maintained or even expanded manufacturing in areas positioned close to major export markets, aiming to sharpen competitiveness and trim logistics costs. Industry revenue is forecast to climb at a CAGR of 0.0% to total an estimated $18.6 billion in 2025, including an estimated 5.6% increase in 2025. Over the last five years, the industry has seen a dual effect. The swelling population of aging adults in the US has fueled demand for joint replacements and other orthopedic procedures, boosting overall market activity. In particular, growth in joint replacement, especially knee and ankle segments, has been a bright spot, with Stryker’s knee sales up dramatically and major acquisitions by companies like Zimmer and Stryker strengthening leaders’ portfolios even further. However, rising costs and competition have made survival difficult for smaller manufacturers, leading to high-profile mergers, like Orthofix and SeaSpine and a falling number of independent enterprises. Larger companies have benefited from the climate, using acquisitions to speed up research and development, expand their offerings and reinforce dominance. Orthopedic product manufacturers are expected to continue to enjoy growth over the next five years. Still, as tariffs drive up input costs and wage pressures remain, profit growth may be slow, particularly if companies struggle to pass on further price hikes. The next five years will see more differentiation through innovation as domestic companies compete with rising import volumes. Bright spots include expected growth in exports and continued consolidation among top companies, as evidenced by Stryker’s and J&J’s recent strategic realignments. On the policy front, incentives in the One Big Beautiful Bill may encourage investment in US production, but potential cuts to healthcare coverage and talent pipelines could dampen procedure volumes and add layers of complexity for both large and small companies. Overall, industry revenue is forecast to climb at a CAGR of 2.2% over the next five years to total an estimated $20.7 billion in 2030.

Global Orthopedic Device market size was USD 35.80 Billion in 2022 and it is forecasted to reach USD 52.71 Billion by 2030. Orthopedic Device Industry's Compound Annual Growth Rate will be 4.3% from 2023 to 2030. Factors Impacting on Orthopedic Device Market

High Prevalence of bone disorders

Age-related bone conditions such as osteoarthritis, osteomalacia, and rickets are more joint disorders in geriatric patients, which is expected to drive market growth. In the past several years, there has been a viewable growth in the number of elderly patients seeking joint replacement surgery. According to the Global Arthritis Network, 350 million people worldwide have arthritis. Osteoarthritis causes about 25 out of every 1,000 persons to need orthopedic surgery. The World Health Organization (WHO) estimates that by 2050, there will be 2 billion people worldwide who are 60 years of age.

Restraining Factors for Orthopedic Device Market

High prices of the devices 

One of the main challenges limiting the growth of the orthopedic devices market is the high cost of orthopedic equipment. Due to their high cost, these devices may become less popular in low-income countries. Costly joint restoration devices and implant accessories further restrict the market growth. Additionally, several governments worldwide are putting various programs in place to reduce the cost of these devices, which are intended to help market participants overcome these obstacles.

Impact of the COVID-19 Pandemic on the Orthopaedic Devices Market:

The COVID-19 pandemic has negatively impacted the market growth because elective treatments were postponed, there was little demand, and there were minimal sales. Businesses also had operating difficulties as a result of supply chain outages, company closures, travel restrictions, staff quarantines or illnesses, stay-at-home policies, and other prolonged interruptions. Several regulatory agencies issued guidance to help safely restart elective procedures once the frequency of COVID-19 has decreased. The American Hospital Association, American College of Surgeons, American Society of Anaesthesiologists (ASA), and Association of Perioperative Registered Nurses are a few organizations that have issued guidelines in this regard. The target population is expected to grow, elective procedures will resume, and there will be a backlog of planned surgeries, therefore a gradual market recovery is predicted over the next few years. Introduction of Orthopedic Device

Orthopedic devices are designed to cure skeletal abnormalities and restore normal skeletal function by either replacing or strengthening the affected component. Orthopedic devices are used to support broken bones, restore lost joints, and replace missing joints. For strength, the implants are comprised of stainless steel, and titanium alloys, while the plastic coating serves as synthetic cartilage. Orthopedic surgery called internal fixation employs implants to heal broken bones. Rods, pins, plates, and screws are the most frequent orthopedic medical devices to support broken bones while recovering. Instruments that are utilized with implants include drivers, inserters, and surgical tools.

The global orthopaedics market is poised for robust expansion, projected to reach a substantial size of USD 85,840 million by 2025. This growth is driven by an aging global population, increasing prevalence of orthopedic disorders, and advancements in medical technology, leading to a projected Compound Annual Growth Rate (CAGR) of 4.3% through 2033. Key segments fueling this expansion include joint replacements and spine surgeries, which benefit from innovative implant materials, minimally invasive techniques, and sophisticated robotic-assisted procedures. The rising incidence of sports-related injuries and degenerative conditions further underpins the demand for orthopedic solutions. Companies are heavily investing in research and development to introduce novel biomaterials, advanced fixation devices, and personalized treatment approaches, aiming to improve patient outcomes and reduce recovery times. The market is witnessing a significant shift towards less invasive surgical options, supported by technological innovations and a growing preference among patients for faster rehabilitation. The orthopaedics market landscape is characterized by a dynamic interplay of drivers and restraints. Key growth drivers include the escalating healthcare expenditure globally, the growing awareness among patients about orthopedic treatments, and the increasing adoption of advanced technologies such as 3D printing and AI in orthopedic implant design and surgical planning. Furthermore, supportive government initiatives and reimbursement policies in various regions are encouraging greater access to orthopedic care. However, the market also faces challenges such as the high cost of orthopedic procedures and implants, potential reimbursement hurdles in certain regions, and the limited availability of skilled orthopedic surgeons. Despite these restraints, the overarching trend towards improved patient care, coupled with continuous innovation by major players like Johnson & Johnson, Medtronic, and NuVasive, indicates a highly promising future for the orthopaedics sector, with significant opportunities in emerging markets and in the development of specialized orthopedic devices.

The global orthopedic devices market expansion is anticipated to achieve USD 57,753.7 million by 2032 with a CAGR of 4.5% by 2032.

The global orthopedic device market is booming, projected to reach [estimated 2033 market size based on CAGR] by 2033. Discover key trends, leading companies like Johnson & Johnson and Zimmer Biomet, and growth drivers in this comprehensive market analysis covering implants, support devices, and orthobiologics.

Orthopedic Devices Market size was valued at USD 49.7 Billion in 2024 and is projected to reach USD 72.84 Billion by 2032, growing at a CAGR of 5.40% from 2026 to 2032.Global Orthopedic Devices Market DriversAging Population: The global aging population is experiencing a rise in age-related orthopedic conditions like arthritis, osteoporosis, and degenerative disc disease, driving the demand for orthopedic devices.Increasing Incidence of Trauma: The rising incidence of traumatic injuries, especially in sports and accidents, is fueling the need for orthopedic implants and devices.Technological Advancements: Continuous advancements in materials science, surgical techniques, and device design are enabling the development of more effective and minimally invasive orthopedic devices.

The global Orthopedics devices market is expected to reach $61 billion by 2023. A growing geriatric population and increasing demand for non-invasive treatments are boosting the market growth.

BCC Research Market Analyst says global market for orthodontic devices is expected to grow from $18.9 billion in 2023 and projected to reach $29.3 billion by the end of 2028, at a CAGR of 9.2%.

The size of the Orthopedic Industry market was valued at USD 46.18 Million in 2024 and is projected to reach USD 63.22 Million by 2033, with an expected CAGR of 4.59% during the forecast period. Recent developments include: In October 2023, Enovis, a United States-based medical technology company focused on orthopedics, acquired Italian orthopedic player Limacorporate S.p.A. This Italian company specializes in manufacturing implants used in shoulder, knee, elbow, and hip surgeries., In January 2023, Orthofix Medical Inc., a spine orthopedics company, launched its Mariner Deformity Pedicle Screw System. The Mariner Deformity Pedicle Screw System incorporates the strength of Mariner’s modular technology to provide a comprehensive implant offering while reducing the number of surgical trays typically associated with deformity surgery., In March 2022, Exactech, Inc., a manufacturer of innovative orthopedic implants, launched its Equinoxe Humeral Reconstruction Prosthesis in the European market. This device was designed to treat patients with a wide range of proximal humeral bone loss. It was made available in Italy, France, Spain, Germany, and Great Britain in Europe.. Key drivers for this market are: Increasing Number of Large Joint Reconstruction Surgeries, Growing Burden of Orthopedic Disorders, Trauma, and Accidents Cases; Development of Bioabsorbable and Titanium Implants. Potential restraints include: Stringent Regulatory Scenario, Poor Reimbursement Scenario and Lack of Skilled Surgeons. Notable trends are: Spine Orthopedic Devices Segment Holds the Largest Share in the Market.

The global Orthopedics Devices market size was USD 52.3 Billion in 2024 and is expected to reach USD 79.4 Billion in 2034 and register a CAGR of 4.3%. Orthopedics Devices industry report classifies global market by share, trend, and based on product, type, application, and region

Snapshot img

Orthopedic Device Market Size 2025-2029

The orthopedic device market size is forecast to increase by USD 15.35 billion, at a CAGR of 4.5% between 2024 and 2029.

The market is characterized by continuous advancements in technology and new product launches, driven by extensive research and development activities. These innovations cater to the growing demand for minimally invasive procedures and patient-specific implants. However, the market faces challenges with increasing orthopedic device product recalls due to quality concerns. Moreover, advancements in regenerative medicine have led to the development of controlled release systems for growth factors and bone morphogenetic proteins, ensuring optimal implant integration and osteoinduction capacity.
Companies that effectively navigate these factors through strategic product development and robust quality assurance processes will be well-positioned to capitalize on the market's growth potential. Companies must prioritize rigorous quality control measures to mitigate these risks and maintain consumer trust. The dynamic market landscape presents both opportunities and challenges for stakeholders. As the demand for minimally invasive procedures and cost-effective alternatives increases, the market is expected to outpace the traditional bone grafting market in terms of growth and innovation.

What will be the Size of the Orthopedic Device Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

The orthopedic devices market continues to evolve, driven by the increasing prevalence of musculoskeletal disorders and the growing need for non-urgent orthopedic procedures. Factors such as road accidents, degenerative bone diseases, and physical weakening due to sedentary routines and aging population contribute significantly to the market's continuous growth. Implant materials and surgical techniques have seen significant advancements, with a focus on patient safety and infection control. For instance, the use of tendon-friendly spiral thread in osteosynthesis implants has resulted in a 20% reduction in implant-related complications. Orthopedic surgeries, including joint replacement and osteosynthesis, have become increasingly common due to the aging population and elective procedures.
Minimally invasive surgery and robotic surgery assistants have revolutionized orthopedic surgical applications, offering faster recovery times and improved patient outcomes. The market for advanced orthopedic devices is expected to grow at a robust pace, with regulatory frameworks ensuring stringent quality control and safety standards. The market's ongoing unfolding is marked by continuous innovation, as orthopedic manufacturers invest in computer-aided surgical equipment and develop new materials and techniques to address bone disorders and joint replacement implants. Despite these advancements, challenges remain, including product recalls due to infection control issues and age-related bone disorders. The market's dynamics are further influenced by the increasing prevalence of sports injuries and the need for orthopedic aids in geriatric individuals.
In summary, the orthopedic devices market is characterized by continuous innovation and growth, driven by the increasing prevalence of orthopedic ailments and the aging population. The market's evolution is marked by a focus on patient safety, infection control, and minimally invasive surgical techniques. Despite challenges, the future looks promising, with ongoing advancements in materials, surgical techniques, and regulatory frameworks.

How is this Orthopedic Device Industry segmented?

The orthopedic device industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Knee
  Spine
  Hip
  Extremities
  Others


Product

  Orthopedic implants and support devices
  Orthobiologics


End-user

  Hospitals
  ASCs
  Orthopedic clinics


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Application Insights

The Knee segment is estimated to witness significant growth during the forecast period. The market is experiencing notable expansion due to several factors. Approximately 25% of the population worldwide suffers from musculoskeletal disorders, leading to an increased demand for orthopedic devices. Furthermore, the number of non-urgent orthopedic procedures has risen by 18% annually, driven by the aging population and the growing prevalence of degenerative bone diseases like osteoporosis and osteoarthritis. Road accidents contribute significantly to the market's growth, with approximately 3

The Orthopedic Software Market Segments the Industry Into by Product Type (Digital Templating / Pre-Operative Planning, Orthopedic EHR, and More), Mode of Delivery (Cloud/Web Based, and More), Application (Orthopedic Surgery, and More), End User (Hospitals, and More), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, South America). The Market Forecasts are Provided in Terms of Value (USD).

The revenue in the 'Orthopedic Devices' segment of the medical technology market in Indonesia was modeled to amount to ************** U.S. dollars in 2024. Between 2016 and 2024, the revenue rose by ************* U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The revenue will steadily rise by ************* U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Orthopedic Devices.

The Veterinary Orthopedics Market Report is Segmented by Product Type (Implants [Plates and Screws, and More], Instruments, Consumables), by Animal Type (Canine, Feline, and More), by Application (Joint Replacement, Trauma Fixation, and More), by End User (Veterinary Hospitals and Referral Centers, Specialty Orthopedic Clinics, and More), and by Geography (North America, Europe, Asia-Pacific, and More).