Global orthopedic implants market

2022

$48.9B

2023

$51.20B

2030

$67.48B

4.71%

2023 – 2030 CAGR (compound annual growth rate)

In 2022, the reconstructive joint implants segment contributed ~40% of the orthopedic implant market revenue.

Growing number of orthopedic surgeries

Age               Male             Female

Under 40      84.1%            15.9%

40-49            92%               8.1%

50-59            93.3%            6.7%

60-69            96.4%            3.6%

70+                99.8%            0.2%

Key market dynamics

Growing focus on robotic orthopedic implantation surgeries; rising R&D

Orthopedic implant market share by region (patients)

• #1 – N. America – Demand will continue to rise due to growing geriatric population
• #2 – Europe – Germany held the largest market share; UK is major growing market in European region
• #3 – Asia-Pacific – Expected to have fastest CAGR 2022 - 2030
• #4 – Rest of World

Key players

Arthrex

B. Braun

CONMED

DJO Finance

Globus Medical

Integra LIfeSciences

Johnson & Johnson

Medtronic

Nuvasive

Orthopaedic Implant

Smith and Nephew

Wright Medical Group

Zimmer Biomet

Source: https://www.marketresearchfuture.com/reports/orthopedic-implant-market-838