Orthopedic Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

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.

Orthopedic Devices Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Orthopedic Devices Market Size

Orthopedic Devices Market Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 59.25 Billion
Market Size (2030) USD 73.84 Billion
CAGR (2025 - 2030) 4.50 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Orthopedic Devices Market  Major Players

*Disclaimer: Major Players sorted in no particular order

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Orthopedic Devices Market Analysis

The Orthopedic Devices Market size is estimated at USD 59.25 billion in 2025, and is expected to reach USD 73.84 billion by 2030, at a CAGR of 4.5% during the forecast period (2025-2030). Key drivers fuelling the growth of the market include a rising number of joint reconstruction surgeries, an escalating prevalence of orthopedic disorders, and an increase in trauma and accident cases.

For example, as per the December 2023 update by the World Health Organization, between 20 and 50 million individuals sustain non-fatal injuries, with a significant number facing disabilities worldwide annually. Notably, 92% of global road fatalities transpire in low- and middle-income nations, despite these regions accounting for only about 60% of the world's vehicles. High incidences of road injuries can lead to increased bone damage cases, subsequently boosting the demand for orthopedic devices and propelling the market's growth.


Osteoarthritis, the most prevalent form of arthritis, predominantly affects older individuals. An article published in August 2023 in Lancet Rheumatology revealed the projections that nearly 1 billion individuals will be affected by osteoarthritis by 2050, predominantly in the knees and hands, globally. Specifically, cases of knee osteoarthritis are expected to surge by 75%, while hand osteoarthritis will see a 50% rise. Consequently, the rising incidence of osteoarthritis is driving up the demand for joint replacement surgeries, fueling the segment's growth.


World Health Organization (WHO) estimates from 2023 indicate that China is witnessing one of the world's most rapid increases in its aging population. By 2040, it's projected that 28% of China's population will be aged over 60, a rise attributed to longer life expectancies. This demographic shift is anticipated to result in a surge of orthopedic disorders, creating a heightened demand for surgical treatments, offering a positive orthopedic devices market outlook in the nation during the forecast period.


Recent technological advancements in material technology have broadened the spectrum of materials deemed suitable for orthopedic implants. These innovations enhance biocompatibility and reduce the necessity for subsequent surgeries to remove the implants. Such developments are poised to invigorate the market in the coming years. For instance, in April 2023, the United States Food and Drug Administration (U.S. FDA) granted approval for a groundbreaking metal screw, crafted by Finnish firm Bioretec, designed to securely mend broken bones and safely dissolve within the body over time. Dubbed RemeOs, these inserts mark the debut of bioresorbable metal implants, innovatively composed of a magnesium, calcium, and zinc alloy, steering clear of the rare-earth metals commonly found in surgical tools. These pioneering Mg-based alloys not only boast spontaneous degradability and commendable mechanical traits but also excel in biocompatibility. Furthermore, the degradation byproducts of these Mg-based alloys have been shown to stimulate bone formation in vivo effectively. This initiative marks a pivotal enhancement in orthopedic treatments, spotlighting the integration of innovative medical technology and heightened patient comfort.


As a result, the increasing prevalence of accidents, trauma, and orthopedic disorders, along with advancements in material technology, particularly for titanium and bioabsorbable implants, is fuelling the expansion of the orthopedic devices market globally. However, However, stringent regulatory scenarios and poor reimbursement scenarios, along with a lack of skilled surgeons may hamper the development of the market.

Orthopedic Devices Industry Overview

The orthopedic devices market is highly fragmented and fiercely competitive. Leading players and largest companies prioritize ongoing product development and strategically price their offerings, particularly in developing nations. Key players in this orthopedic devices industry report include B. Braun SE, Enovis Corporation, Arthrex, Inc., ATEC Spine Inc., NuVasive, Inc., Boston Scientific Corporation, CTL Amedica, Globus Medical, Johnson & Johnson, Inc., Medtronic PLC, Ossur, Smith & Nephew PLC, Stryker Corporation, Zimmer Biomet among others.


Currently, a handful of major players dominate the market share. These key players are concentrating on technological advancements in their offerings, particularly in enhancing orthopedic procedures. Market trends show that this and similar focus will help push the market growth during the 2024-2029.


In October 2023, Enovis, a U.S.-based medical technology firm specializing in orthopedics, completed the acquisition of Limacorporate S.p.A., an Italian orthopedic company. Limacorporate is renowned for producing implants utilized in shoulder, knee, elbow, and hip surgeries. Owing to such strategic acquisitions among key companies will accentuate orthopedic devices market share over the forecast period.

Orthopedic Devices Market Leaders

  1. Smith & Nephew PLC

  2. Zimmer Biomet

  3. Stryker Corporation

  4. Johnson & Johnson Inc

  5. Medtronic PLC.

  6. *Disclaimer: Major Players sorted in no particular order
Orthopedic Devices Market Competitive Landscape
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Orthopedic Devices Market News

  • November 2024: Auxein, a global leader in orthopedic products, launched cutting-edge orthopedic and arthroscopy products such as the AV-Wiselock Plates, Osteochondral Transfer System, and the Reusable Suture Passer. Other notable offerings were the Ligament Augmentation Repair Instrument Set, Auxilock Silicon Cannula, and the Auxilock Rigid Threaded Cannula. Additionally, Auxein showcased the Knee Escorpian Suture Passer, Bioabsorbable Interference Screw, Bioabsorbable Anchors, and the GFS Ultimate Button with Brace/Tape System.
  • October 2024: Globus Medical, Inc., a prominent player in musculoskeletal solutions, reported the ongoing growth and diversification of its orthopedic trauma product lineup. The company rolled out multiple system extensions and secured 510(k) clearance from the United States Food and Drug Administration for its inaugural suture-based offering, the TENSOR Suture Button System. The company's latest advancements feature next-generation systems such as the ANTHEM II Distal Radius Volar Plates, AUTOBAHN Trochanteric Nail PRO Instruments, and CAPTIVATE SOLA Headless Screws.
  • September 2024: Paragon 28 unveiled an innovative Right-Angle Drill tailored for the APEX 3D Total Ankle Replacement System. This new tool aims to enhance tibia preparation before inserting the APEX 3D tibia implant. The Right-Angle Drill leverages a linear guide and ensures precise vertical drilling into the tibia, facilitating optimal peg placement and ensuring a robust interface for the tibia implant.
  • July 2024: the Orthopaedic Implant Company (OIC) unveiled its newest advancement in orthopedic care: the OIC Flex-Fix System. This value-driven system is tailored for treating syndesmotic injuries and addresses a prevalent and often challenging ankle injury caused by severe ankle rotation or rolling.

Orthopedic Devices Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Number of Large Joint Reconstruction Surgeries
    • 4.2.2 Growing Burden of Orthopedic Disorders, Trauma, and Accident Cases
    • 4.2.3 Development of Bioabsorbable And Titanium Implants
  • 4.3 Market Restraints
    • 4.3.1 Stringent Regulatory Scenario
    • 4.3.2 Poor Reimbursement Scenario and Lack of Skilled Surgeons
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value in USD Billion)

  • 5.1 By Application
    • 5.1.1 Hip Orthopedic Devices
    • 5.1.2 Knee Orthopedic Devices
    • 5.1.3 Spine Orthopedic Devices
    • 5.1.4 Trauma Fixation Devices
    • 5.1.5 Dental Orthopedic Devices
    • 5.1.6 Other Applications
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.1.1 United States
    • 5.2.1.2 Canada
    • 5.2.1.3 Mexico
    • 5.2.2 Europe
    • 5.2.2.1 Germany
    • 5.2.2.2 United Kingdom
    • 5.2.2.3 France
    • 5.2.2.4 Italy
    • 5.2.2.5 Spain
    • 5.2.2.6 Rest of Europe
    • 5.2.3 Asia-Pacific
    • 5.2.3.1 China
    • 5.2.3.2 Japan
    • 5.2.3.3 India
    • 5.2.3.4 Australia
    • 5.2.3.5 South Korea
    • 5.2.3.6 Rest of Asia-Pacific
    • 5.2.4 Middle East and Africa
    • 5.2.4.1 GCC
    • 5.2.4.2 South Africa
    • 5.2.4.3 Rest of Middle East and Africa
    • 5.2.5 South America
    • 5.2.5.1 Brazil
    • 5.2.5.2 Argentina
    • 5.2.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 B. Braun SE
    • 6.1.2 Enovis Corporation
    • 6.1.3 Arthrex Inc.
    • 6.1.4 Atec Spine Inc.
    • 6.1.5 Nuvasive Inc.
    • 6.1.6 Boston Scientific Corporation
    • 6.1.7 Ctl Amedica
    • 6.1.8 Globus Medical
    • 6.1.9 Johnson & Johnson Inc.
    • 6.1.10 Medtronic PLC.
    • 6.1.11 Ossur
    • 6.1.12 Smith & Nephew PLC
    • 6.1.13 Stryker Corporation
    • 6.1.14 Zimmer Biomet
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Orthopedic Devices Industry Segmentation

As per the scope of the report, orthopedic devices are used to replace missing joints or bones or to support to damaged bones. The devices are fabricated using titanium alloys and stainless steel for strength, and the plastic coating acts as artificial cartilage. Internal fixation is a surgery in orthopedics that involves implanting implants to repair damaged bone.


The orthopaedic devices market is segmented by application and geography. The application segment is further segmented into hip orthopedic devices, joint reconstruction, knee orthopedic devices, spine orthopedic devices, trauma fixation devices, dental orthopedic devices, and other applications. The geography is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The market data in this report covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD billion) for the above segments.

By Application Hip Orthopedic Devices
Knee Orthopedic Devices
Spine Orthopedic Devices
Trauma Fixation Devices
Dental Orthopedic Devices
Other Applications
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa GCC
South Africa
Rest of Middle East and Africa
South America Brazil
Argentina
Rest of South America
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Orthopedic Devices Market Research FAQs

How big is the orthopedic market?

The orthopedic devices market size is estimated at USD 59.25 billion in 2025, and is expected to reach USD 73.84 billion by 2030, growing at a CAGR of 4.5% during the forecast period (2025-2030).

Who are the major players in the orthopedic devices market?

Some of the companies currently dominating the market are B. Braun SE, Enovis Corporation, Arthrex, Inc., ATEC Spine Inc., Zimmer Biomet, Medtronic PLC, Smith & Nephew PLC, Stryker Corporation, Boston Scientific Corporation, Johnson & Johnson Inc., and others.

What factors are driving the market growth of orthopedic devices ?

Factors driving the growth of the orthopedic devices market include the rising prevalence of osteoporosis and musculoskeletal diseases, technological advancements, a surge in sports and traumatic injuries, and an expanding aging population.

What challenges are impacting the orthopedic devices market?  

The market grapples with significant challenges, including a stringent regulatory landscape, inadequate reimbursement frameworks, and a shortage of skilled surgeons.

What impact does an aging population have on the orthopedic devices market?

The growing elderly population is boosting the demand for orthopedic devices, particularly for treatments addressing age-related issues like osteoporosis and osteoarthritis.