Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
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 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.
Study Period
2025-2031Base Year
2024CAGR
5.2%Largest Market
North-AmericaFastest Growing Market
Asia-Pacific
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
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 |
|
By Application |
|
By Consumables |
|
By End User |
|
By Region |
|
Download Free Sample Report
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
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