Hip Prosthesis Market
By Surgical Procedure;
Total Hip Replacement and Partial Hip ReplacementBy Material;
Metal On Polyethylene, Ceramic On Polyethylene, Ceramic On Ceramic, and Metal On MetalBy Fixation Type;
Cemented, Cementless, and HybridBy Distribution Channel;
Direct Sales, Distributors, and Online SalesBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Hip Prosthesis Market Overview
Hip Prosthesis Market (USD Million)
Hip Prosthesis Market was valued at USD 6,688.55 million in the year 2024. The size of this market is expected to increase to USD 8,226.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.0%.
Hip Prosthesis Market
*Market size in USD million
CAGR 3.0 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 3.0 % |
Market Size (2024) | USD 6,688.55 Million |
Market Size (2031) | USD 8,226.07 Million |
Market Concentration | High |
Report Pages | 369 |
Major Players
- Johnson & Johnson
- Smith & Nephew
- Stryker
- Zimmer Biomet
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Hip Prosthesis Market
Fragmented - Highly competitive market without dominant players
The Hip Prosthesis Market is witnessing strong growth, largely due to the increasing prevalence of hip fractures, arthritis, and osteoporosis. With nearly 55% of hip replacement surgeries driven by degenerative conditions, the demand for prosthetic implants continues to rise. Aging populations and improvements in surgical technologies are fueling this momentum.
Rising Burden of Hip Disorders
Around 40% of hip replacement procedures are associated with arthritis-related disorders, emphasizing the need for effective prosthetic solutions. Early intervention strategies and better diagnostic practices are further accelerating the adoption of hip prostheses.
Innovations in Implant Materials
Advances in prosthetic design and biomaterials are shaping the market, with nearly 35% of new implants integrating ceramic coatings and 3D-printed elements. These innovations enhance implant durability and minimize revision surgery needs.
Increasing Surgical Efficiency
More than 45% of hospitals now offer minimally invasive hip arthroplasty, reflecting the growing demand for faster recovery and reduced hospital stays. This trend is significantly boosting patient satisfaction and procedural volumes.
Hip Prosthesis Market Recent Developments
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In May 2023, Stryker launched its Ortho Q Guidance System, a significant advancement in surgical planning technology for hip and knee procedures. This system aims to support surgeons with preoperative planning and improve precision in hip replacement surgeries.
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In September 2022, Zimmer Biomet partnered with Surgical Planning Associates to co-market the HipInsight, a mixed-reality navigation system for hip implants. This collaboration marks an innovation in the field, bringing augmented reality to assist surgeons in achieving more accurate implant placements
Hip Prosthesis Market Segment Analysis
In this report, the Hip Prosthesis Market has been segmented by Surgical Procedure,Material, Fixation Type, Distribution Channel, and Geography.
Hip Prosthesis Market, Segmentation by Surgical Procedure
The Hip Prosthesis Market has been segmented by Surgical Procedure into Total Hip Replacement and Partial Hip Replacement.
Total Hip Replacement
Total Hip Replacement (THR) involves the complete replacement of the hip joint with a prosthetic implant. This procedure is preferred for patients with severe arthritis or hip fractures that compromise the entire joint. Globally, approximately 70% of hip replacement surgeries are total hip replacements due to their effectiveness in restoring mobility and reducing pain. The procedure has seen a rise in minimally invasive techniques, which have reduced recovery time and post-operative complications.
Partial Hip Replacement
Partial Hip Replacement (PHR), also known as hemiarthroplasty, replaces only the damaged part of the hip, typically the femoral head. It is often recommended for elderly patients or those with localized fractures. Around 30% of hip replacement surgeries are partial replacements, as they are less invasive and involve shorter surgical durations. PHR offers faster recovery compared to total hip replacement, making it a viable option for high-risk patients.
Hip Prosthesis Market, Segmentation by Material
The Hip Prosthesis Market has been segmented by Material into Metal On Polyethylene, Ceramic On Polyethylene, Ceramic On Ceramic, and Metal On Metal.
Metal On Polyethylene
Metal on Polyethylene (MoP) hip implants feature a metal femoral head paired with a polyethylene socket, making them a reliable choice for hip replacement. Representing nearly 50% of global hip prostheses, MoP is favored for its durability and cost-effectiveness. Advances in highly cross-linked polyethylene have further minimized wear, extended implant lifespan, and improved long-term patient outcomes.
Ceramic On Polyethylene
Ceramic on Polyethylene (CoP) implants combine a ceramic femoral head with a polyethylene cup, offering low wear and superior biocompatibility. Accounting for about 25% of hip replacements, CoP is ideal for younger, active patients due to its reduced risk of osteolysis. Modern ceramic materials enhance hardness and reduce fracture risk, making these implants increasingly popular.
Ceramic On Ceramic
Ceramic on Ceramic (CoC) hip prostheses, with both components made of ceramic, are known for exceptionally low wear rates and high durability. Representing roughly 15% of the market, CoC implants are especially suited for young and active patients. Innovations in ceramic technology have minimized squeaking and fracture risks, enhancing long-term reliability and patient satisfaction.
Metal On Metal
Metal on Metal (MoM) prostheses use a metal femoral head and a metal cup, offering a high range of motion and strength. Although MoM once represented about 10% of hip implants, concerns over metal ion release and long-term safety have decreased their usage. Careful patient selection and monitoring are crucial for ensuring implant safety with MoM hip replacements.
Hip Prosthesis Market, Segmentation by Fixation Type
The Hip Prosthesis Market has been segmented by Fixation Type into Cemented, Cementless, and Hybrid
Cemented
Cemented hip prostheses are designed with bone cement to firmly attach the implant to the bone, making them ideal for elderly patients or individuals with lower bone density. Approximately 35–40% of hip replacements use cemented implants, thanks to their immediate stability and reliable long-term performance. The focus on enhancing postoperative recovery and reducing implant loosening has driven continued adoption of this fixation type worldwide.
Cementless
Cementless hip implants rely on natural bone growth for stabilization, promoting long-term osseointegration. Representing 50–55% of global procedures, they are especially favored among active and younger patients. Innovations in porous coatings and implant design have improved success rates, ensuring fewer revisions and enhanced durability. Surgeons increasingly recommend cementless options for patients seeking long-lasting hip replacement solutions.
Hybrid
Hybrid hip prostheses combine cemented and cementless fixation, usually cementing the femoral stem while leaving the acetabular cup cementless. This approach is used in 10–15% of cases, offering a balance of immediate stability and natural bone integration. It is particularly beneficial for patients with variable bone quality, providing a versatile and effective solution for both short-term recovery and long-term performance.
Hip Prosthesis Market, Segmentation by Surgical Distribution Channel
The Hip Prosthesis Market has been segmented by Distribution Channel into Direct Sales, Distributors, and Online Sales.
Direct Sales
Direct sales in the hip prosthesis market involve manufacturers supplying implants directly to hospitals and surgical centers. Accounting for 40–45% of market distribution, this approach reduces intermediaries, enabling competitive pricing and faster delivery. Direct engagement allows manufacturers to maintain strong surgeon relationships, provide customized implant solutions, and ensure efficient post-sale support.
Distributors
Distributors in the hip prosthesis market serve as vital intermediaries, supplying implants to smaller clinics and remote hospitals. With a market share of 35–40%, they leverage well-established logistics networks and regional expertise. Distributors help manufacturers expand market reach, offer localized assistance, and guarantee timely availability, making this channel essential for scalable distribution.
Online Sales
Online sales of hip prostheses are emerging as a convenient channel for healthcare providers, currently representing 10–15% of the market. Digital platforms enable hospitals and clinics to easily compare products and suppliers, streamlining procurement. The growth of online sales is fueled by transparent pricing, improved delivery systems, and increased e-commerce adoption in the medical device industry, indicating strong future potential.
Hip Prosthesis Market, Segmentation by Geography
In this report, the Hip Prosthesis Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Hip Prosthesis Market Share (%), by Geographical Region
North America
The North American hip prosthesis market dominates globally, contributing around 35–40% of total revenue. Key factors include advanced healthcare systems, high demand for minimally invasive surgeries, and a significant geriatric population. The United States is a major driver, supported by robust reimbursement policies and continuous innovation in implant technologies. Early diagnosis and growing awareness of hip disorders further stimulate market growth.
Europe
Europe’s hip prosthesis market accounts for 25–30% of global share, with Germany, France, and the UK leading adoption. Strong growth is fueled by well-established healthcare infrastructure, surgical expertise, and adoption of modern prosthetic solutions. Government-backed reimbursement schemes and aging populations enhance accessibility to hip replacement procedures, driving consistent market expansion.
Asia Pacific
The Asia Pacific hip prosthesis market is expanding rapidly, holding roughly 20–25% of global share. Factors include increasing healthcare spending, growth in medical tourism, and an aging population. China, Japan, and India are key contributors, with rising use of advanced hip implant technologies. Expansion of hospital networks and awareness initiatives for orthopedic health support market growth.
Middle East and Africa
The Middle East and Africa hip prosthesis market contributes 5–7% of the global revenue. Market growth is supported by healthcare investments, advanced hospital infrastructure, and increasing patient awareness of orthopedic procedures. The UAE, Saudi Arabia, and South Africa are seeing higher adoption of modern implants and minimally invasive techniques, though rural access remains limited.
Latin America
Latin America holds approximately 7–8% of the global hip prosthesis market. Market expansion is driven by urbanization, rising healthcare expenditure, and enhanced orthopedic surgical capabilities. Brazil and Mexico are at the forefront due to improved hospital facilities and insurance coverage. Adoption of modern hip implants is increasing as patients seek long-lasting outcomes and higher-quality care.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Hip Prosthesis Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Aging Population
- Technological Advancements
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Increasing Prevalence of Osteoarthritis - The global hip prosthesis market is experiencing significant growth, largely propelled by the increasing prevalence of osteoarthritis worldwide. Osteoarthritis, often referred to as degenerative joint disease, is a chronic condition characterized by the breakdown of cartilage in the joints, leading to pain, stiffness, and decreased mobility. As the aging population continues to grow and lifestyles become more sedentary, the incidence of osteoarthritis, particularly in weight-bearing joints such as the hips, is on the rise.
Hip prosthesis, commonly known as hip replacement implants, are artificial components designed to replace damaged or diseased hip joints. These implants are crucial in restoring mobility and improving quality of life for individuals suffering from severe hip osteoarthritis. With advancements in implant materials, surgical techniques, and implant designs, hip replacement procedures have become increasingly safe and effective, further driving the demand for hip prostheses globally.
Restraints:
- High Cost of Procedures
- Regulatory Hurdles
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Limited Reimbursement Policies - Limited reimbursement policies can significantly impact the global hip prosthesis market, influencing both patients and healthcare providers. When reimbursement for hip prosthesis procedures is restricted or inadequate, patients may face financial barriers to accessing necessary treatment. This can lead to delays in seeking care or opting for less effective treatment options, ultimately affecting patient outcomes.
Healthcare providers, on the other hand, may experience challenges in offering hip prosthesis procedures due to limited reimbursement. Lower reimbursement rates or stringent reimbursement criteria can affect the financial viability of performing these procedures, particularly for smaller healthcare facilities or those serving underserved populations. As a result, providers may be less inclined to offer hip prosthesis services or may limit the number of procedures they perform, which can impact patient access to care.
Opportunities:
- Emerging Markets
- Patient-specific Implants
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Minimally Invasive Techniques - Minimally invasive techniques have revolutionized the field of hip replacement surgery, contributing significantly to the growth of the global hip prosthesis market. These techniques involve smaller incisions and less tissue damage compared to traditional open surgery, resulting in reduced postoperative pain, shorter hospital stays, and faster recovery times for patients.
One of the key advancements in minimally invasive hip replacement is the use of specialized instruments and implants designed to facilitate smaller incisions and more precise placement of the prosthesis. Surgeons can now perform hip replacement surgery through smaller incisions, often using specialized instruments guided by imaging technology such as fluoroscopy or computer navigation systems.
Minimally invasive approaches allow surgeons to spare more muscle and soft tissue during the procedure, leading to improved stability and function of the hip joint postoperatively. As a result, patients undergoing minimally invasive hip replacement surgery may experience better long-term outcomes and a lower risk of complications such as dislocation or implant loosening. These benefits have contributed to the growing adoption of minimally invasive techniques in hip replacement surgery worldwide, driving market growth in the hip prosthesis segment.
Competitive Landscape Analysis
Key players in Global Hip Prosthesis Market include:
- Johnson & Johnson
- Smith & Nephew
- Stryker
- Zimmer Biomet.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Surgical Procedure
- Market Snapshot, By Material
- Market Snapshot, By Fixation Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Hip Prosthesis Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Aging Population
- Technological Advancements
- Increasing Prevalence of Osteoarthritis
- Restraints
- High Cost of Procedures
- Regulatory Hurdles
- Limited Reimbursement Policies
- Opportunities
- Emerging Markets
- Patient-specific Implants
- Minimally Invasive Techniques
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Hip Prosthesis Market, By Surgical Procedure, 2021 - 2031 (USD Million)
- Total Hip Replacement
- Partial Hip Replacement
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Hip Prosthesis Market, By Material, 2021 - 2031 (USD Million)
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Metal On Polyethylene
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Ceramic On Polyethylene
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Ceramic On Ceramic
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Metal On Metal
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Hip Prosthesis Market, By Fixation Type, 2021 - 2031 (USD Million)
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Cemented
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Cementless
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Hybrid
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Hip Prosthesis Market, By Distribution Channel, 2021 - 2031 (USD Million)
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Direct Sales
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Distributors
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Online Sales
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- Hip Prosthesis Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Hip Prosthesis Market, By Surgical Procedure, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Johnson & Johnson
- Smith & Nephew
- Stryker
- Zimmer Biomet.
- Company Profiles
- Analyst Views
- Future Outlook of the Market