Joint Replacement Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Joint Replacement Market Report is Segmented by Procedure (Hip Replacement, Knee Replacement, and More), Product (Implants [Metallic, and More], Bone Grafts and Substitutes [Allograft, and More], and More), Technology (Conventional, 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).

Joint Replacement Market Size and Share

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Joint Replacement Market Analysis by Mordor Intelligence

The Joint Replacement Market size is estimated at USD 19.98 billion in 2025, and is expected to reach USD 25.02 billion by 2030, at a CAGR of 4.24% during the forecast period (2025-2030).

A mix of demographic ageing, lifestyle-related osteoarthritis, and continuous implant innovation is sustaining this moderate growth while forcing rapid shifts in surgical protocols. Robotic-assisted systems have captured a double-digit share of total knee cases in the United States and have catalysed the transition to same-day discharge pathways. Metallic devices still dominate, yet ceramics are gaining traction among younger, active recipients who want low wear and no metal ion exposure. Regionally, North America leads on utilisation, whereas Asia-Pacific is the fastest expanding zone as governments invest in orthopaedic capacity and broaden reimbursement.

Key Report Takeaways

  • By procedure, knee replacements held 39.54% of the joint replacement market share in 2024; shoulder replacements post the highest CAGR at 5.50% through 2030. 
  • By product, metallic implants led with 47.87% revenue in 2024; ceramic implants are projected to grow at a 10.93% CAGR to 2030 in the joint replacement market. 
  • By technology , conventional techniques retained 63.74% revenue in 2024 in the joint replacement market size; robotic-assisted systems will advance the fastest at 8.59% CAGR. 
  • By end user, hospitals performed 64.31% of global procedures in 2024; ambulatory surgery centres exhibit a 6.71% CAGR for 2025-2030. 
  • By geography, North America accounted for 41.11% revenue in 2024; Asia-Pacific is set to rise at a 9.92% CAGR through 2030.

Segment Analysis

By Procedure: Knee Dominance Meets Shoulder Acceleration

Knee surgeries accounted for 39.54% of revenue in 2024, anchored by the high prevalence of knee osteoarthritis and well-established clinical pathways. Shoulder arthroplasty is the fastest-growing category at a 5.50% CAGR, stimulated by rising sports injuries among patients under 60 and the arrival of robotic guidance that reduces glenoid placement error. Hip replacement volumes increased 3.8% to 793,082 in 2023, while ankle and elbow procedures stay niche yet benefit from 3-D printed, patient-specific devices that extend implant indications. The partial-knee option is regaining relevance thanks to Zimmer Biomet’s cementless Oxford implant that delivers a 94.1% 10-year survival rate. This array of procedure types outlines a maturing yet innovation-driven landscape that keeps the joint replacement market evolving.

Rapid adoption of unicompartmental knee arthroplasty also reflects surgeon willingness to preserve bone and hasten rehabilitation. Robotic alignment tools such as VELYS aim to overcome the steep technical learning curve that traditionally constrained utilisation. Meanwhile, rising revision demand amplifies training needs for complex reconstructions, reinforcing hospital reliance on high-volume arthroplasty specialists. These dynamics underpin a durable procedure mix that will continue to influence hospital resource planning and payer negotiations through 2030.

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Note: Segment shares of all individual segments available upon report purchase

By Product: Metallic Leadership Challenged by Ceramic Innovation

Metallic implants retained 47.87% revenue in 2024 due to proven fatigue strength and ease of machining. However, ceramics are expanding at a 10.93% CAGR as patients seek lower wear and no ion release. Titanium alloys preserve periprosthetic bone mineral density more effectively than cobalt-chromium, supporting the joint replacement market size for titanium-based systems at both primary and revision level. BIOLOX delta hip bearings show excellent survivorship and negligible allergic response, giving ceramics a persuasive value proposition. Polymer-metal hybrids and bioresorbable scaffolds are also gaining attention for complex revisions and young-adult trauma, signalling a diversified product pipeline.

Metal hypersensitivity has pushed R&D towards nickel-free or cobalt-free alternatives and advanced coatings that cut ion release. Smith + Nephew’s OXINIUM resurfacing solution demonstrated a 94.1% 20-year survivorship and 35% fewer revisions than conventional alloys. Suppliers are adding antimicrobial silver coatings to fracture plates and instrument trays to fight surgical-site infection. Together these innovations will redefine material preference hierarchies and influence future joint replacement market share trajectories.

By Technology: Conventional Resilience Amid Robotic Disruption

Conventional approaches captured 63.74% revenue in 2024 because they suit most hospital budgets and leverage mature implant‐instrument ecosystems. Robotic systems, though costly, are expanding at an 8.59% CAGR, pushed by marketing claims of greater accuracy and patient-specific planning. Navigation and augmented-reality platforms offer a middle-ground alternative that boosts visualisation with lower capital outlay. Early health-economic modelling shows the VELYS ecosystem lowers 90-day episode costs by USD 1,819 compared with rival robots. Artificial intelligence modules are layering predictive analytics on peri-operative data to inform implant choice and discharge planning, strengthening differentiation in an increasingly crowded field.

Long-term registry data remains equivocal on whether precision gains translate to fewer revisions, especially since early failure often stems from infection or instability rather than alignment alone. Surgeons with high annual caseloads adapt to robots quickly, yet low-volume providers may prolong operating time and blunt the projected efficiency gains. Consequently, conventional manual techniques will retain a substantial role, particularly in emerging markets and cost-conscious ambulatory settings, preserving technology diversity in the joint replacement industry.

Market Share by Technology
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Note: Segment shares of all individual segments available upon report purchase

By End User: Hospital Dominance Faces ASC Disruption

Hospitals performed 64.31% of all joint procedures in 2024 owing to intensive-care capability, infection-control infrastructure, and multidisciplinary teams. Ambulatory surgery centres are the fastest-growing venue at a 6.71% CAGR as payers direct suitable patients to lower-cost settings. Large outpatient facilities now perform complex hip and knee cases safely, achieving 0.8% infection and 1.5% readmission rates in a 1,000-procedure series. That performance validates ASC care models and attracts surgeon-owned joint ventures seeking greater scheduling control and profit retention.

Hospitals are responding by establishing hybrid arthroplasty suites and cross-credentialling peri-operative staff across inpatient and outpatient units. Specialty orthopaedic hospitals occupy a middle logic, balancing trauma capacity with elective throughput. Coordinated care frameworks, rapid-recovery pathways, and digital monitoring are essential differentiators in this venue contest, ensuring that the joint replacement market continues to fragment along lines of cost, clinical complexity, and consumer experience.

Geography Analysis

North America commanded 41.11% of revenue in 2024, supported by more than 2.15 million hip and knee replacements annually. Yet downward reimbursement revision exceeding 44% obliges hospitals to double down on operating-room efficiency and implant price negotiation.

Europe presents a seasoned regulatory environment and broad coverage, but reimbursement cuts, notably France’s 25% device-price reduction from 2025, pressure profitability. Germany, the United Kingdom, and Italy post high procedural volumes, while broader EU discussions on raw-material sovereignty have spurred titanium and cobalt reshoring initiatives. Higher surgeon comfort with ceramic bearings and partial hip surface replacements differentiates European clinical practice.

Asia-Pacific is the fastest expanding zone at a 9.92% CAGR. China’s titanium-industry hub in Baoji contributes 33% of global output, underpinning domestic implant growth. Japanese centres lead robot uptake, while India accelerates manufacturing and procedure counts via the Production Linked Incentive scheme. Robotic total knee arthroplasty trials in public hospitals reduced patient stay without compromising safety, evidencing technology adoption across resource tiers. Australia and South Korea add mature reimbursement frameworks and fast innovation diffusion, rounding out a heterogeneous but buoyant regional picture.

Growth Rate by Region
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Competitive Landscape

The joint replacement industry shows moderate concentration. Zimmer Biomet, Stryker, and DePuy Synthes collectively hold a major share in the global market, while medium-sized and niche innovators compete on technology rather than volume. Acquisition pipelines remain robust: Stryker will purchase Inari Medical for USD 4.9 billion to enter thrombectomy and to cross-sell robotics, following recent deals for Care.ai, Vertos Medical, and Artelon. Zimmer Biomet closed the Paragon 28 foot-and-ankle buy to diversify its extremities offering and reported renewed sales momentum.

Robotic platforms define the primary battleground. Stryker’s Mako holds first-mover advantage with 13% US knee penetration, while Zimmer Biomet’s ROSA now spans knee, hip, and shoulder. DePuy Synthes focuses on software-centric differentiation through its VELYS digital ecosystem. Materials science is a secondary vector: CeramTec’s BIOLOX delta and Smith + Nephew’s OXINIUM surface address wear and allergy concerns, expanding beyond hips into shoulder and knee indications. Supply-chain resilience also gains strategic importance; Western OEMs are sourcing titanium domestically and investing in additive-manufacturing hubs to mitigate geopolitical risk.

Emerging disruptors include 3-D printing companies such as restor3d, which received FDA clearance for patient-specific talus implants, and AI analytics firms that optimise surgical workflow. Competitive dynamics will depend on how successfully incumbents fuse robotics, smart instrumentation, and advanced biomaterials while delivering attractive cost-of-care metrics to ASC operators.

Joint Replacement Industry Leaders

  1. Stryker Corporation

  2. Zimmer Biomet Holdings, Inc.

  3. Depuy Synthes (Johnson & Johnson)

  4. Smith & Nephew

  5. B. Braun SE

  6. *Disclaimer: Major Players sorted in no particular order
Joint Replacement Market Concentration
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Recent Industry Developments

  • June 2025: Stryker Corporation announced a definitive agreement to acquire Inari Medical, Inc. for approximately USD 4.9 billion, providing entry into the high-growth peripheral vascular segment and expanding beyond traditional orthopedic markets.
  • May 2025: Zimmer Biomet completed the acquisition of Paragon 28, enhancing its position in the foot and ankle orthopedic segment while reporting Q1 2025 net sales growth of 1.1% with updated full-year revenue guidance projecting 5.7% to 8.2% growth.
  • April 2025: Smith+Nephew reported Q1 2025 revenue of USD1,407 million with 3.1% underlying growth, driven by improvements in U.S. hip and knee implants including the JOURNEY II Knee System and POLAR3 Total Hip Solution.
  • March 2025: Johnson & Johnson MedTech showcased its new era of digital orthopaedics at AAOS 2025, highlighting the VELYS Robotic-Assisted Solution used in over 100,000 procedures and introducing the KINCISE 2 Surgical Automated System.

Table of Contents for Joint Replacement Industry Report

1. Introduction

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

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 High Osteoarthritis Prevalence
    • 4.2.2 Rising Geriatric Population
    • 4.2.3 Growing Preference for Minimally-Invasive & Robotic-Assisted TJA
    • 4.2.4 Accelerated Post-Op Rehab Protocols Boosting Outpatient TJA Volumes
    • 4.2.5 3-D-Printed, Patient-Specific Implants Cutting Revision Risk
    • 4.2.6 Strategic Reshoring of Titanium & Cobalt Alloy Supply Chains
  • 4.3 Market Restraints
    • 4.3.1 High Procedure & Implant Cost
    • 4.3.2 Availability of Pharmacological & Arthroscopic Alternatives
    • 4.3.3 Revision-Surgery Burden from Metal Hypersensitivity Claims
    • 4.3.4 Capacity Bottlenecks in Sterilisation & Clean-Room Machining
  • 4.4 Technological Outlook
  • 4.5 Porter’s Five Forces Analysis
    • 4.5.1 Bargaining Power of Buyers
    • 4.5.2 Bargaining Power of Suppliers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value in USD)

  • 5.1 By Procedure
    • 5.1.1 Hip Replacement
    • 5.1.2 Knee Replacement
    • 5.1.3 Shoulder Replacement
    • 5.1.4 Ankle Replacement
    • 5.1.5 Elbow Replacement
    • 5.1.6 Others
  • 5.2 By Product
    • 5.2.1 Implants
    • 5.2.1.1 Metallic
    • 5.2.1.2 Ceramic
    • 5.2.1.3 Polymeric & Hybrid Biomaterials
    • 5.2.2 Bone Grafts & Substitutes
    • 5.2.2.1 Autograft
    • 5.2.2.2 Allograft
    • 5.2.2.3 Synthetic
    • 5.2.3 Fixation & Instrumentation
    • 5.2.4 Others
  • 5.3 By Technology
    • 5.3.1 Conventional
    • 5.3.2 Robotic-Assisted
    • 5.3.3 Navigation/AR-Guided
  • 5.4 By End User
    • 5.4.1 Hospitals
    • 5.4.2 Specialty Orthopedic Centers
    • 5.4.3 Ambulatory Surgery Centers
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 Australia
    • 5.5.3.5 South Korea
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East & Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of Middle East & Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 Zimmer Biomet Holdings Inc.
    • 6.3.2 Stryker Corporation
    • 6.3.3 DePuy Synthes (J&J)
    • 6.3.4 Smith & Nephew plc
    • 6.3.5 B. Braun Melsungen AG
    • 6.3.6 Enovis (DJO Global)
    • 6.3.7 Exactech Inc.
    • 6.3.8 Corin Group
    • 6.3.9 MicroPort Scientific
    • 6.3.10 Conformis Inc.
    • 6.3.11 Medacta Group
    • 6.3.12 Globus Medical
    • 6.3.13 Waldemar Link GmbH
    • 6.3.14 Aesculap Implant Systems
    • 6.3.15 LimaCorporate
    • 6.3.16 Arthrex Inc.
    • 6.3.17 United Orthopedic Corp.
    • 6.3.18 Bioimpianti Srl
    • 6.3.19 Uteshiya Medicare
    • 6.3.20 Kyocera Medical

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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Global Joint Replacement Market Report Scope

As per the scope of the report, joint replacement surgery is performed most frequently to replace joints, which involves the complete or partial removal of the damaged joint and tissues to be replaced with new, man-made parts. The purpose of such a procedure is to relieve pain and restore a sense of normal function and mobility in the damaged joint. These joint replacement surgeries are predominantly suggested for patients undergoing severe pain and disability as a result of progressive arthritis. The devices for joint replacement surgeries include implants, grafts, and all other instruments related to joint replacement procedures.

The joint replacement market is segmented into procedure, products, and geography. By procedures, the market is segmented into hip replacement, knee replacement, shoulder, and other procedures. By products, the market is segmented into implants, bone grafts, and other products. The market is sub-segmented by implants into metallic, ceramic, and polymeric biomaterials. By bone grafts, the market is sub-segmented into allografts and synthetic. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America).

For each segment, the market size is provided in terms of USD value.

By Procedure Hip Replacement
Knee Replacement
Shoulder Replacement
Ankle Replacement
Elbow Replacement
Others
By Product Implants Metallic
Ceramic
Polymeric & Hybrid Biomaterials
Bone Grafts & Substitutes Autograft
Allograft
Synthetic
Fixation & Instrumentation
Others
By Technology Conventional
Robotic-Assisted
Navigation/AR-Guided
By End User Hospitals
Specialty Orthopedic Centers
Ambulatory Surgery Centers
By 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 & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
By Procedure
Hip Replacement
Knee Replacement
Shoulder Replacement
Ankle Replacement
Elbow Replacement
Others
By Product
Implants Metallic
Ceramic
Polymeric & Hybrid Biomaterials
Bone Grafts & Substitutes Autograft
Allograft
Synthetic
Fixation & Instrumentation
Others
By Technology
Conventional
Robotic-Assisted
Navigation/AR-Guided
By End User
Hospitals
Specialty Orthopedic Centers
Ambulatory Surgery Centers
By 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 & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

What is the current size of the joint replacement market?

The joint replacement market size reached USD 19.98 billion in 2025 and is projected to climb to USD 25.02 billion by 2030, reflecting a 4.24% CAGR.

Which procedure segment leads global revenue?

Knee arthroplasty holds the top position with 39.54% revenue in 2024, sustained by the high incidence of knee osteoarthritis.

Why are ceramics gaining popularity in implants?

Ceramic bearings offer excellent wear resistance and eliminate metal ion release, supporting a 10.93% CAGR for ceramic products through 2030.

How quickly are ambulatory surgery centres growing?

Procedures performed in ASC settings are forecast to expand at a 6.71% CAGR between 2025 and 2030 on the back of ERAS protocols and payer incentives.

Is robotic surgery improving long-term outcomes?

Robotic systems enhance alignment accuracy, yet registry data has not demonstrated a significant reduction in early revisions, indicating benefits are primarily short-term efficiency and precision gains.

Which region will deliver the fastest growth?

Asia-Pacific is expected to post the highest regional CAGR at 9.92% to 2030, driven by ageing populations, rising osteoarthritis cases, and health-system investment.

Page last updated on: June 25, 2025

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