Base Year
Historical Year
Forecast Year
The global orthopaedic implants market size was valued at USD 64.58 billion in 2023, driven by the rising disposable incomes, increasing geriatric population, rising incidences of bone diseases, and growing technological advancements. The market is anticipated to grow at a CAGR of 5% during the forecast period 2024-2032 to reach a value of USD 100.18 billion by 2032.
The Asia Pacific is a significant market for orthopaedic implants. The regional market is being driven by the lucrative growth opportunities provided by the healthy expansion of the medical and pharmaceutical industries in the region. Further, factors, such as the rising demand for advanced implants, the growing awareness regarding the product, and the increasing demand for minimally invasive procedures, are also supporting the industry in the Asia Pacific region. Although, the regional market may find obstruction in the form of no coverage for the overall expenses of the orthopaedic implants surgery by insurance companies, drivers, such as the increase in the purchasing power, developing healthcare infrastructure, and rising population of geriatric patients, are expected to enhance the market growth in the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
An orthopaedic implant is a medical device that replaces a missing joint or bone or supports a damaged bone. The medical implant is mainly made using stainless steel and titanium alloys that provides strength and support, and the plastic coating on it acts as an artificial cartilage.
On the basis of the product, the market is segmented into:
Based on application, the industry is categorised into:
By end-uses, the market is divided into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The orthopaedic implants market is being driven by the high incidence rate of osteoporosis, osteoarthritis, and obesity, along with a rapidly ageing global population. Due to lifestyle-related factors such as lack of exercise, middle-aged patients are increasingly opting for orthopaedic implants. The increase in the mean-age over the next few years is expected to boost the orthopaedic implants industry growth.
Owing to the higher proportion of anatomic injuries worldwide, the demand for knee and hip orthopaedic implants is projected to increase considerably in the coming years. Joint and knee problems are common in Asia, and hip problems are comparatively more common in Europe; thus, the industry in these regions is expected to witness a healthy growth in the forecast period. The development of biodegradable implants and internal fixation devices is expected to provide potential growth prospects for orthopaedic devices for different anatomical sites, thus, providing further impetus for the industry growth.
The report gives a detailed analysis of the following key players in the global orthopaedic implants market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Material |
|
| Breakup by Procedure |
|
| Breakup by Application |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Supplier Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Orthopaedic Implants Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The global orthopaedic implants market reached a value of USD 64.58 billion in 2023.
The market is anticipated to grow at a CAGR of 5% during the forecast period of 2024-2032 to reach a value of USD 100.18 billion by 2032.
The major drivers of the industry, such as rising disposable incomes, increasing geriatric population, rising incidences of bone diseases, and growing technological advancements, are expected to aid the market growth.
The key trends guiding the growth of the market include the launch of products such as biodegradable implants and internal fixation devices.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading product types in the industry are plates and screws, nails and rods, and pins and wires, among others.
The major application segments in the market are reconstructive joint replacements, spine implants, craniomaxillofacial implants, dental implants, trauma implants, and orthobiologics, among others.
Hospitals, orthopaedic clinics, and ambulatory surgical centres, among others, are the most significant end-use segments in the industry.
The major players in the industry are CONMED Corporation, Wright Medical Group N.V., Stryker, Medtronics plc, Smith+Nephew, Integra LifeSciences, B. Braun Melsungen AG, Arthrex, Baxter, and NuVasive, Inc., among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
Share