Orthopedic Devices Market: By Application, Knee, Hip, Shoulder, Elbow, Spine, Foot and ankle, Others), By Product, By Consumables, By End User and Region Forecast 2020-2031

Orthopedic Devices Market Size, Share, Growth, Trends, and Global Industry Analysis: By Application (Cranio Maxillofacial (CMF), Knee, Hip, Shoulder, Elbow, Spine, Foot and ankle, Others), By Product (Spinal devices, Joint reconstruction, Ortho biologics, Arthroscopic devices, Trauma fixation devices), By Consumables (Orthopedic staples, Orthopedic suture anchors), By End User (Hospitals, Orthopedic clinics, Medical centres, Research Centres) and Region Forecast 2020-2031

Orthopedic Devices Market size was valued at US$ 42080.0 million in 2024 and is expected to reach US$ 60004.8 million by 2031, growing at a significant CAGR of 5.2% from 2025-2031. The orthopedic device is a medical device which is used to replace missing joint or bone or to give support to the damaged bone. Market is fabricated by using titanium alloys and stainless steel for strength and plastic coating acts as artificial cartilage. Internal fixation is a surgery in orthopedics which involves the implementation of implants in order to repair the damaged bone.

Most common orthopedic medical devices are rods, pins, plates and screws which are used for anchoring of fractured bones while they heal. The presently available pain management treatments are not capable of successfully restoring the body parts due to unavailability of efficient surgical tools which results in huge investments in R&D to introduce new and efficient devices for treatment of pain management. In 2015, According to the Rheumatoid arthritis support network, rheumatoid arthritis (RA) is affecting about 1.3Mn Americans and about 1% of total world population. Manufacturers are focused on huge investments in R&D and innovative product launches. Despite the restraints, emerging markets in developing countries and introduction of biologics for the treatment of foot and ankle disorders are expected to offer lucrative opportunities for the manufacturers in the market.

Global Orthopaedic Devices Market Summary

Study Period

2025-2031

Base Year

2024

CAGR

5.2%

Largest Market

North-America

Fastest Growing Market

Asia-Pacific

Orthopedic Devices Market Dynamics

Rising geriatric population is the major driving factor of the market due to they are highly prone to bone and muscle related disorders like osteoarthritis and osteoporosis. According to WHO, by 2050, global population above 60 years have estimated to reach 2Mn, rising prevalence rate of obesity and diabetes, sedentary lifestyle due to poor physical activity, diet styles and growing trend of consumption of alcohol and smoking, innovations osteology field, growing incidence of accidents and injuries related to sports, are expected to fuel the growth of market. Increasing cost burden of the surgeries, a high cost of implants, lack of skilled professionals, low reimbursement policies are hampering the growth of the market

Global Orthopaedic Devices Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2025-2031

Market Size in 2024

US$ 42080.0 million

Market Size in 2031

US$ 60004.8 million

Market CAGR

5.2%

By Product Type

  • Spinal devices
  • Joint reconstruction
  • Ortho biologics
  • Arthroscopic devices
  • Trauma fixation devices

By Application

  • Cranio Maxillofacial (CMF)
  • Knee
  • Hip
  • Shoulder
  • Elbow
  • Spine
  • Foot and ankle
  • Others

By Consumables

  • Orthopedic staples
  • Orthopedic suture anchors

By End User

  • Hospitals
  • Orthopedic clinics
  • Medical centres
  • Research Centres

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The orthopedic devices market report provides granular level information about the market size, regional market share, historic market (2020-2024), and forecast (2025-2031)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis.

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Frequently Asked Questions

The global orthopedic devices market size was valued at US$ 40000 million in 2023 and is set to grow at a CAGR of 5.2% from 2024 to 2030.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Medtronic, Stryker, Zimmer Biomet, ConforMIS, DJO Global, NuVasive, Globus Medical, MicroPort Orthopedics,Inc, Medacta, Smith & Nephew, DePuy Synthes

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

 

1.Executive Summary
2.Global Orthopedic Devices Market Introduction 
2.1.Global Orthopedic Devices Market  - Taxonomy
2.2.Global Orthopedic Devices Market  - Definitions
2.2.1.Application
2.2.2.Product
2.2.3.Consumables
2.2.4.End User
2.2.5.Region
3.Global Orthopedic Devices Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Orthopedic Devices Market Analysis, 2020 - 2024 and Forecast 2025 - 2031
4.1.  Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Orthopedic Devices Market  By Application, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
5.1. ranio Maxillofacia
5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Knee
5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Hip
5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Shoulder
5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Elbow
5.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Spine
5.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
5.7. Foot and ankle
5.7.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.7.3. Market Opportunity Analysis 
5.8. Others
5.8.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.8.3. Market Opportunity Analysis 
6.Global Orthopedic Devices Market  By Product, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
6.1. Spinal devices
6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Joint reconstructio
6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Ortho biologics
6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Arthroscopic devices
6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Trauma fixation devices
6.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
7.Global Orthopedic Devices Market  By Consumables, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
7.1. Orthopedic staples
7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Orthopedic suture anchors
7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
8.Global Orthopedic Devices Market  By End User, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
8.1. Hospitals
8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Orthopedic clinics
8.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Medical centres
8.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Research Centres
8.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
9.Global Orthopedic Devices Market  By Region, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10.North America Orthopedic Devices Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
10.1. Application Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.ranio Maxillofacia
10.1.2.Knee
10.1.3.Hip
10.1.4.Shoulder
10.1.5.Elbow
10.1.6.Spine
10.1.7.Foot and ankle
10.1.8.Others
10.2.  Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Spinal devices
10.2.2.Joint reconstructio
10.2.3.Ortho biologics
10.2.4.Arthroscopic devices
10.2.5.Trauma fixation devices
10.3.  Consumables Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1. Orthopedic staples
10.3.2. Orthopedic suture anchors
10.4.  End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Hospitals
10.4.2. Orthopedic clinics
10.4.3.Medical centres
10.4.4.Research Centres
10.5.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11.Europe Orthopedic Devices Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
11.1. Application Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.ranio Maxillofacia
11.1.2.Knee
11.1.3.Hip
11.1.4.Shoulder
11.1.5.Elbow
11.1.6.Spine
11.1.7.Foot and ankle
11.1.8.Others
11.2.  Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Spinal devices
11.2.2.Joint reconstructio
11.2.3.Ortho biologics
11.2.4.Arthroscopic devices
11.2.5.Trauma fixation devices
11.3.  Consumables Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1. Orthopedic staples
11.3.2. Orthopedic suture anchors
11.4.  End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Hospitals
11.4.2. Orthopedic clinics
11.4.3.Medical centres
11.4.4.Research Centres
11.5.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
11.5.7.
12.Asia Pacific (APAC) Orthopedic Devices Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
12.1. Application Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.ranio Maxillofacia
12.1.2.Knee
12.1.3.Hip
12.1.4.Shoulder
12.1.5.Elbow
12.1.6.Spine
12.1.7.Foot and ankle
12.1.8.Others
12.2.  Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Spinal devices
12.2.2.Joint reconstructio
12.2.3.Ortho biologics
12.2.4.Arthroscopic devices
12.2.5.Trauma fixation devices
12.3.  Consumables Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1. Orthopedic staples
12.3.2. Orthopedic suture anchors
12.4.  End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Hospitals
12.4.2. Orthopedic clinics
12.4.3.Medical centres
12.4.4.Research Centres
12.5.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13.Middle East and Africa (MEA) Orthopedic Devices Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
13.1. Application Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.ranio Maxillofacia
13.1.2.Knee
13.1.3.Hip
13.1.4.Shoulder
13.1.5.Elbow
13.1.6.Spine
13.1.7.Foot and ankle
13.1.8.Others
13.2.  Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Spinal devices
13.2.2.Joint reconstructio
13.2.3.Ortho biologics
13.2.4.Arthroscopic devices
13.2.5.Trauma fixation devices
13.3.  Consumables Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1. Orthopedic staples
13.3.2. Orthopedic suture anchors
13.4.  End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Hospitals
13.4.2. Orthopedic clinics
13.4.3.Medical centres
13.4.4.Research Centres
13.5.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14.Latin America Orthopedic Devices Market ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million)
14.1. Application Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.ranio Maxillofacia
14.1.2.Knee
14.1.3.Hip
14.1.4.Shoulder
14.1.5.Elbow
14.1.6.Spine
14.1.7.Foot and ankle
14.1.8.Others
14.2.  Product Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Spinal devices
14.2.2.Joint reconstructio
14.2.3.Ortho biologics
14.2.4.Arthroscopic devices
14.2.5.Trauma fixation devices
14.3.  Consumables Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1. Orthopedic staples
14.3.2. Orthopedic suture anchors
14.4.  End User Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Hospitals
14.4.2. Orthopedic clinics
14.4.3.Medical centres
14.4.4.Research Centres
14.5.  Country Analysis 2020 - 2024 and Forecast 2025 - 2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Medtronic (U.S.)
15.2.2.Stryker (U.S.)
15.2.3.Zimmer Biomet (U.S.)
15.2.4.ConforMIS (U.S.)
15.2.5.DJO Global (U.S.)
15.2.6.NuVasive (U.S.)
15.2.7.Globus Medical (U.S.)
15.2.8.MicroPort Orthopedic s,Inc (Wright Medical Group) (U.S.)
15.2.9.Medacta (Switzerland)
15.2.10.Smith & Nephew ( UK)
15.2.11.DePuy Synthes (U.S.)
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Medtronic
  • Stryker
  • Zimmer Biomet
  • ConforMIS
  • DJO Global
  • NuVasive
  • Globus Medical
  • MicroPort Orthopedics,Inc
  • Medacta
  • Smith & Nephew
  • DePuy Synthes

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