The Orthopedic Devices Market is Segmented by Application (Hip Orthopedic Devices, Joint Reconstruction, Knee Orthopedic Devices, Spine Orthopedic Devices, Trauma Fixation Devices, Dental Orthopedic Devices, and Other Applications) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). This market outlook report offers value (in USD Billion) for the above segments.

In the contemporary era, improving animal health has become a top priority for owners and governments across the world. This determinant affects not only animal pharmaceutical demand but also the veterinary orthopedic sector as well.

Attributes	Key Insights
Base Market Value in 2023	US$ 612.53 million
Market Revenue in 2024	US$ 637.81 million
Global Veterinary Orthopedic Market Size in 2034	US$ 956.92 million
Value CAGR (2024 to 2034)	4.1%

Country-wise Insights

Countries	Value CAGR
United States	2.8%
China	6.3%
Germany	2.3%
Japan	1.8%
India	5.3%

Category-wise Insights

Product Type	Value CAGR
Implants	3.1%
Instruments	5.5%

Application	Value CAGR
Tibial Plateau Leveling Osteotomy	2.5%
Tibial Tuberosity Advancement	4.6%
Trauma Fixation Application	3.7%
Joint Replacement	5.4%
Others	7.2%

End-user	Value CAGR
Veterinary Hospitals	3.0%
Veterinary Clinics	5.0%
Others	6.1%

The report covers Veterinary Orthopedic Implants Market and the market is Segmented By Type (Implants, Instruments, Screws), By Application and Geography. The market provides the value (in USD million) for the above-mentioned segments.

The global orthopedic trauma devices market size is estimated to stand at US$ 11.39 billion in 2024. The market is expected to exceed a valuation of US$ 21.24 billion by 2034, registering a moderate CAGR of 6.4%.

Attributes	Details
Orthopedic Trauma Device Market Size (2024)	US$ 11.39 billion
Orthopedic Trauma Device Market Forecasted Size (2034)	US$ 21.24 billion
Projected Value CAGR (2024 to 2034)	6.4%

Historical Market Study on Orthopedic Trauma Device Alongside Future Projections

Historical CAGR (2019 to 2023)	7.0%
Forecasted CAGR (2024 to 2034)	6.4%

Demand Analysis of Orthopedic Trauma Devices by Region

Country	Forecasted CAGR (2024 to 2034)
United States	5.2%
China	12.5%
Japan	9.2%
Brazil	6.9%
Germany	5.3%

Orthopedic Trauma Devices Market Analysis by Segment

Segment	Market Share in 2024
Internal Fixators	80.6%
Hospitals	56.4%

The Orthopedic Implants Market Share size and share are expected to exceed USD 38.73 billion by 2034, with a compound annual growth rate (CAGR) of 4.2% during the forecast period.

The global Orthopedic Diagnostic Devices market size reached USD 11,024.00 Million in 2021 and is expected to reach USD 15,615.15 Million in 2030 registering a CAGR of 3.9%. Orthopedics Medical Device industry report classifies global market by share, trend, growth and based on product, type, age group, application, end user, and region | Orthopedic Devices

The Orthopedic Software Market Report is Segmented by Product (Digital Templating/Preoperative Planning Software, Orthopedic Electronic Health Record (EHR), Orthopedic Practice Management, Orthopedic Picture Archiving and Communication Systems (PACS), Orthopedic Revenue Cycle Management, and Other Equipment and Systems), Mode of Delivery (Cloud/Web Based and On-Premise), Application (Orthopedic Surgery, Fracture Management, and Other Applications) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Report Offers the Value (in USD) for the Above Segments.

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 implants market size reached USD 55.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 80.8 Billion by 2033, exhibiting a growth rate (CAGR) of 4.14% during 2025-2033. The increasing aging population, extensive advancements in orthopedic implant materials, designs, and surgical techniques, sedentary lifestyles and obesity, and increase in healthcare infrastructure and access to orthopedic care are some of the major factors propelling the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 55.9​​​​​​​ Billion
Market Forecast in ​​​​​​​2033	USD 80.8​​​​​​​ Billion
Market Growth Rate (​​​​​​​2025-2033)	4.14%

IMARC Group provides an analysis of the key trends in each segment of the global orthopedic implants market research report, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on product, type, biomaterial, and end user.

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 Europe Orthopedic Devices market is projected to register a CAGR of 3.8% to reach USD 21,368.9 million by 2032, according to PMR.

The Small Bone and Joint Orthopedic Devices Market is Segmented by Product Type (Hand and Wrist Devices, Foot and Ankle Devices, and Others) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report offers the value (in USD million) for the above segments.

The global Orthopedics Devices market size was USD 47.89 Billion in 2019 and is expected to reach USD 65.29 Billion in 2027 and register a CAGR of 3.9%. Orthopedics Devices industry report classifies global market by share, trend, and based on product, type, application, and region

Orthopedic implants market is expected to grow from USD 48.11bn in 2024 to USD 50.83 billion in 2025 and USD 79.31 billion by 2035, representing a CAGR of 4.5%

This statistic shows the revenue of the industry “retail sale of medical and orthopaedic goods in specialised stores“ in Germany from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of retail sale of medical and orthopaedic goods in specialised stores in Germany will amount to approximately 12.12 billion U.S. Dollars by 2025.

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Orthopedic Device Market Size 2024-2028

The orthopedic device market size is forecast to increase by USD 13.91 billion at a CAGR of 4.23% between 2023 and 2028. The market is witnessing substantial growth due to continuous advancements in orthopedic technology, an increase In the prevalence of orthopedic disorders, trauma, and sports injuries, and a growing need for minimally invasive and robot-assisted techniques, including orthopedic implants. These trends are primarily driven by the increasing demand for innovative solutions, advancements in medical technology, and changing consumer preferences. The market is transitioning towards more efficient systems, better accessibility, and higher industry standards. Companies in this sector are adjusting their strategies to align with these shifts, prioritizing sustainability and operational efficiency to maintain a competitive edge. The market's expansion is being fueled by efforts to meet the growing demand for advanced solutions, broadening its scope and ensuring its continued evolution.

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

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Orthopedic Device Market Segmentation

The Orthopedic Device market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.

Application

  Knee
  Spine
  Hip
  Extremities
  Others


Product

  Orthopedic implants
  support devices
  Orthobiologics


Geography

  North America

    US


  Europe

    Germany
    France


  Asia

    China
    Japan


  Rest of World (ROW)

Which is the largest segment driving market growth?

The knee segment is estimated to witness significant growth during the forecast period.

The Orthopedic Devices market encompasses implants for joint replacement and osteosynthesis, catering to the rising prevalence of musculoskeletal disorders, including age-related bone disorders like osteoporosis and osteoarthritis, degenerative bone diseases, and injuries from road accidents. The market's growth is fueled by the increasing number of elective orthopedic surgeries, advancements in implant materials and surgical techniques, and the integration of telemedicine and robotic surgery assistants. The demand for joint replacement implants and osteosynthesis implants is escalating due to the aging population, sedentary routines, obesity, and non-urgent orthopedic procedures. Strict regulatory frameworks ensure infection control, patient safety, and quality standards, with major manufacturers including Medtronic and Stryker complying with these regulations. The market's growth is expected to continue, driven by the increasing need for advanced orthopedic devices and medical assistance.

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The Knee segment was valued at USD 11.23 billion in 2018 and showed a gradual increase during the forecast period.

Which region is leading the market?

North America is estimated to contribute 44% to the growth of the global Orthopedic Device market during the forecast period.

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Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The North American market is experiencing substantial growth due to the increasing adoption of orthopedic 3D printed devices and the rise in elective surgeries. The market is particularly driven by the growing prevalence of musculoskeletal disorders, including age-related bone disorders such as osteoporosis and osteoarthritis, as well as degenerative bone diseases like rickets and osteomalacia. Additionally, road accidents and sports injuries contribute significantly to the market. Advanced orthopedic devices, such as joint replacement implants and osteosynthesis implants, are in high demand, with over 286 joint replacement implants and 315 osteosynthesis implants sold annually. The market is also influenced by the increasing use of minimally invasive surgical techniques, robots, and computer-assisted surgical equipment.

The regulatory framework is stringent, ensuring patient safety and infection control. However, product recalls and the high cost of advanced devices pose challenges. The market is expected to continue growing due to the increasing geriatric population and sedentary routines, which contribute to physical weakening and bone tissue deterioration.

What is the market structure and year-over-year growth of the Orthopedic Device Market?

    Market structure


    Fragmented




    YoY growth 2023-2024


    3.86

Orthopedic Device Market Dynamics

Our researchers analyzed the data with 202

The Orthopedic Navigation Systems Market Report is Segmented by Type (Electromagnetic Localizers, Optical Tracking, Fluoroscopy, MRI, and Other Types), Application (Knee Surgery, Spine Surgery, Hip Surgery, Replacement Surgeries, and Other Applications), End User (Hospitals, Ambulatory Surgical Centers, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

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.

The global orthopedic braces and support market is assessed to surpass a valuation of US$ 4.6 billion by 2024 and is projected to reach a value of US$ 8.8 billion by 2034, reflecting a CAGR of 6.7% over the assessment period.

Attributes	Key Insights
Estimated Global Orthopedic Braces and Support Market Size (2024E)	US$ 4.6 billion
Projected Orthopedic Braces and Support Industry Value (2034F)	US$ 8.8 billion
Value-based CAGR (2024 to 2034)	6.7%

Orthopedic Braces and Support Market Statistics by Country

Countries	Forecast CAGR (2024 to 2034)
The United States	7.00%
The United Kingdom	5.30%
China	7.50%
Japan	8.10%
South Korea	8.50%

Category-wise Insights

Historical CAGR % (2019 to 2023)	8.0%
Forecast CAGR % (2024 to 2034)	6.5%

Historical CAGR % (2019 to 2023)	7.8%
Forecast CAGR % (2024 to 2034)	6.2%

The Canine Orthopedics Market estimated size and share is projected to exceed USD 997.25 million by 2034, with a forecasted CAGR of 8.3% during the period.