Press release
Orthopedic Implants Market to Hit USD 26.47 Billion by 2029 with 4.8% CAGR

prominent players in the orthopedic implants market are Stryker Corporation (US), Zimmer Biomet Holdings, Inc. (US), Johnson & Johnson MedTech (US), Smith+Nephew (UK), B. Braun (Germany).
The global orthopedic implants market [https://www.marketsandmarkets.com/Market-Reports/orthopedic-implants-market-5230937.html?utm_source=abnewswire.com&utm_medium=paidpr&utm_campaign=orthopedicimplantsmarket] is projected to grow USD 26.47 billion in 2029 from USD 20.94 billion in 2024, at a CAGR of 4.8% from 2024 to 2029. Technology improvements, rising opportunities in developing markets, increase in prevalence of orthopedic disorders, and the increasing old-age population are contributing factors to the growth of orthopedic implant market. Orthopedic disorders such osteoarthritis, osteoporosis, and fractures are more likely to occur in geriatric people. The need for orthopedic implants to improve mobility and quality of life with these problems has increased because of the demographic transition. Along with the market's steady growth, there has been a rise in the number of orthopedic procedures and awareness related to the benefits of orthopedic surgeries.
Download PDF Brochure: [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=5230937&utm_source=abnewswire.com&utm_medium=paidpr&utm_campaign=orthopedicimplantsmarket]
Browse in-depth TOC on "Orthopedic Implants Market"163 - Tables60 - Figures259 - Pages
The orthopedic implants market is segmented based on type into knee implants, hip implants, shoulder implants, elbow implants, foot & ankle implants, wrist implants, and other implants - knee segment is expected to hold major share of the market in 2023. The increase in number of revision knee surgical procedures and rising prevalence of knee osteoarthritis is driving the growth of this segment. According to NHS inform more than 70,000 knee replacements are performed in England and Wales each year. In 2022, the primary and revision hip and knee arthroplasty procedures performed are 3,149,042 during the time of 2012 and 2022 which is 23% growth in procedural cases (Source: American Academy of Orthopedic Surgeons).
By material, the orthopedic implants market is segmented into metal and metal alloys, ceramics, polymers and hybrid implants. In 2023, the metal and metal alloys segment held a significant share of the market 2023. The growth in this segment is driven by high strength and resistance to wear than any other material. Many of the metal alloys are compatible to imaging methods such as X-rays and CT scan that help in postoperative monitoring further supporting the growth of the segment.
Regarding end users, the orthopedic implants market is fragmented into hospitals & surgical centers and ambulatory & trauma care centers. The major share of the market was contributed by hospitals & surgical centers segment in 2023. Increasing funding opportunities and rising focus on healthcare research by private and public entities are fuelling the market's growth. Furthermore, increasing number of hospitals which are equipped with advanced surgical equipment support the growth of the segment.
The orthopedic implants market is segmented by region into Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. In 2023, North America region accounted for the major market share, followed by Europe and Asia Pacific. The significant share of North America in this market is attributed to the strong existence of key players, rising number of fractures, increasing medical tourism. Factors such as increasing healthcare expenditure and growing popularity for various orthopedic treatments support the market growth in this region.
Request Sample Pages: [https://www.marketsandmarkets.com/requestsampleNew.asp?id=5230937&utm_source=abnewswire.com&utm_medium=paidpr&utm_campaign=orthopedicimplantsmarket]
The orthopedic implants market is consolidated. As of 2023, the key players operating in the global orthopedic implants market are Zimmer Biomet Holdings, Inc. (US), Stryker Corporation (US), Johnson & Johnson MedTech (US), Smith+Nephew (UK), B. Braun (Germany). In 2023, Zimmer Biomet Holdings, Inc. (US), Stryker Corporation (US), Johnson & Johnson MedTech (US) held a major share of the orthopedic implants market. These players have adopted key strategies such as acquisitions, partnerships, and expansions in the last four to five years.
Stryker Corporation (US):
Stryker Corporation is among the leading companies in the global the company has a strong presence in North America, Europe, the Middle East, Africa, and the Asia Pacific, with its brand presence in more than 75 countries across the globe market. The company has a strong presence in North America, Europe, the Middle East, Africa, and the Asia Pacific, with its brand presence in more than 75 countries across the globe. The company offers orthopedic implants through other Orthopedics & Spine division segment. The company focuses on enhancing its product portfolio and continuous innovation and developing new products to sustain its leading position in the market.
Zimmer Biomet Holdings, Inc. (US):
Zimmer Biomet is a medical device company that develops, manufactures, and markets a wide range of healthcare products. The company offers orthopedic implants through its Knees, Hips, and S.E.T segments. The company has a strong geographic presence across countries such as France, Germany, Italy, Spain, the UK, Switzerland, Japan, Australia, New Zealand, South Korea, China, Taiwan, India, Thailand, Singapore, Hong Kong, and Malaysia. Also, the company has a wide distribution network across Benelux, Nordic, Central & Eastern Europe, and the Middle East & Africa. Zimmer Biomet has a strong brand value among orthopedic implants end users, strong R&D capabilities, and a robust product portfolio.
Johnson & Johnson MedTech (US):
Johnson & Johnson MedTech is another major player operating in the orthopedic implants market. The company is engaged in the R&D, manufacturing, and marketing of orthopedic implants and other healthcare products across the globe. It offers orthopedic implants under the MedTech business segment. The company is dedicated to research & innovation to forge and unveil novel offerings that optimize patient results. The company collaborated with CrossRoads Extremity Systems (US) to improve orthopedic care and MedTech devices using new ideas, hoping to give patients better health results. The company holds a significant market share in over 60 nations across diverse territories such as North America, Asia Pacific, Europe, and Africa.
For more information, [https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=5230937&utm_source=abnewswire.com&utm_medium=paidpr&utm_campaign=orthopedicimplantsmarket]
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=orthopedic-implants-market-to-hit-usd-2647-billion-by-2029-with-48-cagr]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/orthopedic-implants-market-5230937.html
This release was published on openPR.
Permanent link to this press release:
                     Copy
                  
                 Please set a link in the press area of your homepage to this press release on openPR.  openPR disclaims liability for any content contained in this release. 
    You can edit or delete your press release Orthopedic Implants Market to Hit USD 26.47 Billion by 2029 with 4.8% CAGR here
News-ID: 3789516 • Views: …
More Releases from ABNewswire
 
                                            
                                                    From Pandemic Paintings to Luxury Candles: Chere Maison Brings Art and Light to  …                                                
                                            
                                        
                                            Family-operated Chere Maison launches with hand-painted glass candle jars created by self-taught artist Traci Mitchell, who began painting during COVID to spread positivity. The brand combines artisanal craftsmanship with charitable mission to bring joy through functional art.
The transformation of pandemic creativity into entrepreneurial success defines Chere Maison, a new luxury candle brand that emerged from artist Traci Mitchell's COVID-era journey of self-discovery and generous spirit. What began as daily painting…  
                                        
                                     
                                            
                                                    Hanley Investment Group Arranges $9.2 Million Sale of Starbucks-Anchored Strip C …                                                
                                            
                                        
                                            SAN JUAN CAPISTRANO, Calif. - Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today the sale of Rancho Ortega Plaza, a two-story, 23,122-square-foot strip center anchored by Starbucks in San Juan Capistrano, California. The property sold for $9.2 million to a private 1031 exchange buyer in a seven-day escrow.
Hanley Investment Group's Executive Vice President Kevin Fryman and…  
                                        
                                     
                                            
                                                    Huntington's Disease | Clinical Landscape, Key Companies, Therapeutic Assessment …                                                
                                            
                                        
                                            DelveInsight's, "Huntington's Disease - Pipeline Insight, 2025" report provides comprehensive insights about 20+ companies and 20+ pipeline drugs in Huntington's Disease pipeline landscape. It covers the pipeline drug profiles, including clinical and nonclinical stage products. It also covers the therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
According to DelveInsight's analysis, the Huntington's Disease pipeline features more…  
                                        
                                     
                                            
                                                    Hyperuricemia: Clinical Overview, Company Landscape, Therapeutic Evaluation, Tre …                                                
                                            
                                        
                                            DelveInsight's, "Hyperuricemia - Pipeline Insight, 2025" report provides comprehensive insights about 10+ companies and 12+ pipeline drugs in Hyperuricemia pipeline landscape. It covers the pipeline drug profiles, including clinical and nonclinical stage products. It also covers the therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
According to DelveInsight, more than 10 prominent companies are actively developing over…  
                                        
                                    More Releases for Johnson
                                                    Sarcoma Treatment Market Is Booming Worldwide 2025-2032 | Amgen Inc., Johnson &  …                                                
                                            
                                        
                                            Coherent Market Insights has released a statistical report titled "Sarcoma Treatment Market Recent Trends, In-depth Analysis, Size, and Forecast 2025-2032." This report offers a comprehensive overview of the competitive landscape, geographical segmentation, innovation, future developments, and a compilation of tables and data. The competitive landscape analysis provides detailed information about each vendor, encompassing company profiles, total revenue (financials), market potential, presence, market share, pricing, locations of production facilities, and the…  
                                        
                                    
                                                    Artificial Limbs and Joints Market Expected to reach a Hugh Growth by 2031 | Art …                                                
                                            
                                        
                                            Artificial Limbs and Joints Market is the focal point of DataM Intelligence's latest market research report, offering a comprehensive analysis of this dynamic sector. This in-depth study goes beyond a basic overview, exploring the intricate dynamics that shape the market. By examining regional trends, demand patterns, and potential breakthroughs, DataM Intelligence aims to empower businesses and stakeholders with valuable insights for navigating the evolving landscape. The insights from this report…  
                                        
                                    
                                                    Artificial Limbs and Joints Industry to Witness Massive Growth (2024-2031) | Art …                                                
                                            
                                        
                                            Artificial Limbs and Joints Industry Analysis, according DataM Intelligence. Although data provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.
Will the Artificial Limbs and Joints market emerge as the sector's next great thing? To discover the answer, look at the Artificial Limbs and…  
                                        
                                    
                                                    Wet Tissues and Wipes Market Shaping from Growth to Value: 3M, Johnson & Johnson …                                                
                                            
                                        
                                            The Latest Released Wet Tissues and Wipes market study has evaluated the growth forecast and potential of Global Wet Tissues and Wipes market to provide information and useful stats on market value and size. The study is framed to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging…  
                                        
                                    
                                                    Biotechnology Market - Development Outlook 2025 | Pfizer, Johnson & Johnson                                                
                                            
                                        
                                            Global Biotechnology Market: Overview
The global biotechnology market is mainly driven by the surge in the demand for food, depleting natural resources, government regulatory support, and technological advancements of various solutions to counter fatal diseases. The advent of stem cell technology, nanotechnology, and cloning has also propelled this market substantially and is expected to continue aiding to this market in the years to come. However, the dearth of awareness among consumers…  
                                        
                                    
                                                    Global Facial Wipes Sales Market 2017 - Beiersdorf, Johnson & Johnson, SC Johnso …                                                
                                            
                                        
                                            The Global Facial Wipes Sales Industry report gives a comprehensive account of the Global Facial Wipes Sales market. Details such as the size, key players, segmentation, SWOT analysis, most influential trends, and business environment of the market are mentioned in this report. The report features an up-to-date data on key companies product details, revenue figures, and sales. The business model strategies of the key firms in the Facial Wipes Sales…