Global Major Orthopedic Joint Replacement Implants Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type of Joint;

Knee Replacement Implant, and Hip Replacement Implant.

By Type of Material;

Metals, Ceramics, and Polymers.

By Material Combination;

Metal on Polymer, Ceramic on Polymer, Ceramic on Ceramic, Metal on Metal, and Ceramic on Metal.

By Type;

Cementless, Cemented, and Hybrid.

By Type of Fixation;

Cemented, Cementless, and Hybrid.

By Facility;

In-Patient Care, and Ambulatory Care.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn130329534 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Major Orthopedic Joint Replacement Implants Market (USD Million), 2021 - 2031

In the year 2024, the Global Major Orthopedic Joint Replacement Implants Market was valued at USD 17,638.26 million. The size of this market is expected to increase to USD 21,496.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.9%.

The global market for major orthopedic joint replacement implants represents a pivotal sector within the healthcare industry, profoundly impacting the lives of millions worldwide. These implants serve as crucial interventions for individuals suffering from debilitating joint conditions, offering restored mobility, reduced pain, and improved quality of life. From knees and hips to shoulders and elbows, orthopedic joint replacement implants play a transformative role in addressing musculoskeletal disorders and age-related degenerative conditions.

Driven by demographic shifts, technological advancements, and increasing healthcare expenditure, the global market for major orthopedic joint replacement implants continues to experience robust growth. Aging populations, particularly in developed regions, contribute significantly to the rising prevalence of joint-related ailments such as osteoarthritis and rheumatoid arthritis, driving demand for joint replacement procedures. Moreover, advancements in implant materials, design, and surgical techniques have led to enhanced implant longevity, improved functional outcomes, and reduced complication rates, further fueling market expansion.

The market landscape for major orthopedic joint replacement implants encompasses a wide array of products, including total hip replacement implants, total knee replacement implants, total shoulder replacement implants, and others. These implants are designed to mimic the natural anatomy and function of the affected joint, providing durable articulating surfaces and stable fixation for long-term performance. Additionally, emerging trends such as patient-specific implants, robotic-assisted surgery, and minimally invasive techniques are reshaping the orthopedic implant market, offering personalized solutions and optimized surgical outcomes.

Key market players, including medical device manufacturers, orthopedic implant companies, and healthcare providers, compete in a dynamic and evolving landscape characterized by innovation, regulatory oversight, and cost considerations. Regulatory agencies such as the Food and Drug Administration (FDA) in the United States and the European Medicines Agency (EMA) in Europe play a crucial role in ensuring the safety, efficacy, and quality of orthopedic implants through rigorous approval processes and post-market surveillance.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type of Joint
    2. Market Snapshot, By Type of Material
    3. Market Snapshot, By Material Combination
    4. Market Snapshot, By Type
    5. Market Snapshot, By Type of Fixation
    6. Market Snapshot, By Facility
    7. Market Snapshot, By Region
  4. Global Major Orthopedic Joint Replacement Implants Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging population
        2. Technological advancements
        3. Rising prevalence of joint-related ailments
        4. Enhanced implant longevity
      2. Restraints
        1. High cost of implants
        2. Reimbursement challenges
        3. Regulatory hurdles
        4. Surgical complications
      3. Opportunities
        1. Emerging markets expansion
        2. Development of innovative implant materials
        3. Adoption of robotic-assisted surgical techniques
        4. Increasing demand for minimally invasive procedures
    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. Global Major Orthopedic Joint Replacement Implants Market, By Type Of Joint, 2021 - 2031 (USD Million)
      1. Knee Replacement Implant
      2. Hip Replacement Implant
    2. Global Major Orthopedic Joint Replacement Implants Market, By Type Of Material, 2021 - 2031 (USD Million)
      1. Metals
      2. Ceramics
      3. Polymers
    3. Global Major Orthopedic Joint Replacement Implants Market, By Material Combination, 2021 - 2031 (USD Million)
      1. Metal on Polymer
      2. Ceramic on Polymer
      3. Ceramic on Ceramic
      4. Metal on Metal
      5. Ceramic on Metal
    4. Global Major Orthopedic Joint Replacement Implants Market, By Type, 2021 - 2031 (USD Million)
      1. Cementless
      2. Cemented
      3. Hybrid
    5. Global Major Orthopedic Joint Replacement Implants Market, By Type Of Fixation, 2021 - 2031 (USD Million)
      1. Cemented
      2. Cementless
      3. Hybrid
    6. Global Major Orthopedic Joint Replacement Implants Market, By Facility, 2021 - 2031 (USD Million)
      1. In-patient Care
      2. Ambulatory Care
    7. Global Major Orthopedic Joint Replacement Implants 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. Zimmer Biomet
      2. Stryker
      3. Depuy Synthes
      4. Smith & Nephew
      5. Aesculap
  7. Analyst Views
  8. Future Outlook of the Market