Hip Prosthesis Market

By Surgical Procedure;

Total Hip Replacement and Partial Hip Replacement

By Material;

Metal On Polyethylene, Ceramic On Polyethylene, Ceramic On Ceramic, and Metal On Metal

By Fixation Type;

Cemented, Cementless, and Hybrid

By Distribution Channel;

Direct Sales, Distributors, and Online Sales

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn147428464 Published Date: August, 2025

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 Period2025 - 2031
Base Year2024
CAGR (%)3.0 %
Market Size (2024)USD 6,688.55 Million
Market Size (2031)USD 8,226.07 Million
Market ConcentrationHigh
Report Pages369
6,688.55
2024
8,226.07
2031

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.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Surgical Procedure
    2. Market Snapshot, By Material
    3. Market Snapshot, By Fixation Type
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Hip Prosthesis Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging Population
        2. Technological Advancements
        3. Increasing Prevalence of Osteoarthritis
      2. Restraints
        1. High Cost of Procedures
        2. Regulatory Hurdles
        3. Limited Reimbursement Policies
      3. Opportunities
        1. Emerging Markets
        2. Patient-specific Implants
        3. Minimally Invasive Techniques
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Hip Prosthesis Market, By Surgical Procedure, 2021 - 2031 (USD Million)
      1. Total Hip Replacement
      2. Partial Hip Replacement
    2. Hip Prosthesis Market, By Material, 2021 - 2031 (USD Million)

      1. Metal On Polyethylene

      2. Ceramic On Polyethylene

      3. Ceramic On Ceramic

      4. Metal On Metal

    3. Hip Prosthesis Market, By Fixation Type, 2021 - 2031 (USD Million)

      1. Cemented

      2. Cementless

      3. Hybrid

    4. Hip Prosthesis Market, By Distribution Channel, 2021 - 2031 (USD Million)

      1. Direct Sales

      2. Distributors

      3. Online Sales

    5. Hip Prosthesis Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Johnson & Johnson
      2. Smith & Nephew
      3. Stryker
      4. Zimmer Biomet.
  7. Analyst Views
  8. Future Outlook of the Market