Increasing Arthritis Prevalence Drives Growth In Orthopedic Devices Market: A Key Driver Powering Orthopedic Devices Market Growth In 2025

The Orthopedic Devices Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Orthopedic Devices Market Size Expected to Be by 2034?
The market size for orthopedic devices has witnessed substantial growth in the past few years. The value, which stands at $51.45 billion in 2024, is projected to increase to $55.08 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.1%. Factors contributing to this historical growth include the aging population, the widespread occurrence of osteoarthritis, an upsurge in orthopedic procedures, stringent regulatory approvals and standards, emphasis on patient outcomes and quality of life, and increasing consciousness about joint health.

Anticipations are high for the orthopedic devices market, as it is projected to experience robust growth in the coming years. By 2029, the market worth will be elevated to $67.05 billion, with a compound annual growth rate (CAGR) of 5.0%. This growth during the forecast period will be driven by factors such as the rise in value-driven healthcare models, emphasis on sustainability, development in joint preservation through regenerative means, and betterment in implant coatings and materials. The future trends to watch in this market space include intelligent orthopedic devices, the application of robotics in orthopedic surgeries, personalized orthopedic bracing, application of nanotechnology in orthopedics, and the use of telemedicine in orthopedic care.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=1974

What Are the Emerging Segments Within the Orthopedic Devices Market?
The orthopedic devices market covered in this report is segmented -

1) By Product: Instruments/Equipment, Disposables
2) By Type: Joint Reconstruction Devices And Equipment, Spinal Surgery Devices And Equipment, Trauma Fixation Devices And Equipment, Orthobiologics Devices And Equipment, Arthroscopy Devices And Equipment, Orthopedic Braces And Support Devices And Equipment, Craniomaxillofacial (CMF) Devices And Equipment, Orthopedic Prosthetics
3) By Type of Expenditure: Public, Private
4) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users

Subsegments:
1) By Instruments/Equipment: Surgical Instruments, Imaging Equipment, Rehabilitation Equipment, Bone Plates and Screws, Joint Replacement Devices, Orthopedic Fixation Devices
2) By Disposables: Surgical Drapes and Covers, Sterile Gloves, Sutures and Staples, Gauze and Dressings, Orthopedic Casting Supplies, Biologics

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=1974&type=smp

What Long-Term Drivers Are Shaping Orthopedic Devices Market Trends?
The increasing incidence of arthritis is projected to fuel the expansion of the orthopedic device market. The term arthritis is used to depict a condition causing discomfort or disease in the joints, which involves the swelling or enlargement of one or more joints. The use of orthopedic devices can be beneficial for those suffering from arthritis, as they can help ease pain, improve mobility, and enhance overall functionality. For instance, as per the National Center for Health Statistics, a US-based government agency, in February 2024, the age-adjusted prevalence of diagnosed arthritis in adults in 2022 was 18.9%, with a higher likelihood of women (21.5%) being affected than men (16.1%). The prevalence notably increased with age, from 3.6% in adults aged 18-34 to 53.9% in individuals aged 75 and older. As such, the increasing incidence is set to stimulate the expansion of the orthopedic device market.

Who Are the Top Competitors in Key Orthopedic Devices Market Segments?
Major companies operating in the orthopedic devices market include Aesculap Implant Systems LLC, Johnson & Johnson, Medtronic Inc., Stryker Corporation, B. Braun Group, Zimmer Biomet Holdings, Smith & Nephew plc, Arthrex, Allegra Orthopaedics, Enovis, Integra LifeSciences Corporation, NuVasive Inc., DJO Global, CONMED Corporation, Globus Medical Inc., MicroPort Scientific Corporation, Össur, Orthofix Medical Inc., DeRoyal Industries, Alphatec Holdings Inc., LimaCorporate S.p.A., Exactech Inc., Acumed LLC, Corin Group PLC, Waldemar Link GmbH & Co. KG, ConforMIS Inc., FH Orthopedics, Nippon Sigmax Co. Ltd., Implantcast GmbH, Mathys AG Bettlach, Medacta International SA, OrthAlign Inc., OrthoPediatrics Corp., OrthoSensor Inc., Paradigm Spine LLC, SpineGuard SA

What Are the Major Trends Shaping the Orthopedic Devices Market?
The growth of the orthopedic devices market was confined due to the introduction of novel drugs and therapies that enable patients to bypass surgical operations. Developments in the field of tissue engineering, stem-cell therapy, and other alternative treatments such as injections of platelet-rich plasma (PRP) enable patients to forego surgeries for conditions like arthritis, tendonitis, and more. This led to a decline in the need for orthopedic devices as a growing number of individuals chose these other methods of treatment in order to evade the perils and complexities associated with orthopedic surgeries.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/orthopedic-devices-global-market-report

Which Regions Are Becoming Hubs for Orthopedic Devices Market Innovation?
North America was the largest region in the global orthopedic devices market in 2024. Western Europe was the second largest region in the global orthopedic devices market. The regions covered in the orthopedic devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Orthopedic Devices Market?
2. What is the CAGR expected in the Orthopedic Devices Market?
3. What Are the Key Innovations Transforming the Orthopedic Devices Industry?
4. Which Region Is Leading the Orthopedic Devices Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.