Orthopaedic Devices Market Size, Share, Industry Growth Report 2024-2031 | AGIS Network Inc, Amedica Corp, Arthrex Inc, Medtronic PLC, Smith & Nephew PLC, Stryker Corporation.

Orthopaedic Devices Market is estimated to grow at a CAGR of 5.3% during the forecast period 2024-2031.

The Orthopaedic Devices Market report by DataM Intelligence provides comprehensive insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. By combining qualitative and quantitative research methodologies, the firm delivers in-depth reports that help clients navigate complex market dynamics, drive strategic growth, and seize new opportunities in an ever-evolving global landscape.

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Orthopaedic Devices Market Overview:

Orthopedic devices are designed to replace missing bones or joints or to stabilize and support damaged bone structures. These devices are typically constructed from durable materials such as titanium alloys and stainless steel, providing the necessary strength and longevity. In many cases, a plastic coating is applied to mimic the function of natural cartilage, allowing smoother joint movement.

One common procedure involving these devices is internal fixation, a surgical technique used in orthopedics to repair broken or fractured bones. This involves the insertion of implants such as plates, screws, or rods directly into or onto the bone to hold it in place during the healing process.

Orthopaedic Devices Industry Trends:

Rising Joint Replacement Surgeries to Propel Orthopedic Devices Market Growth

The growing number of large joint reconstruction procedures-particularly total hip and knee replacements is a major factor driving the orthopedic devices market. This increase is primarily attributed to the expanding elderly population, which is more prone to conditions like osteoarthritis, osteoporosis, and other musculoskeletal disorders that require surgical intervention. According to the Arthritis Research UK report titled "The State of Musculoskeletal Health 2018", approximately 17.8 million people in the UK-around 28.9% of the population were living with a musculoskeletal condition, indicating a strong demand for orthopedic implants and devices.

Regional variations in the prevalence of orthopedic conditions-driven by environmental, racial, and geographic factors also impact market trends. For example, the World Health Organization (WHO) reported in 2017 that musculoskeletal conditions were particularly high in the Eastern Mediterranean and African regions.

Technological advancements are further shaping the market. Progress in implant materials, design, and performance has made orthopedic devices more efficient and easier to use. Innovations such as 3D printed implants, patient-specific solutions, and robotic-assisted surgical systems like the FDA-approved da Vinci Surgical System-are revolutionizing the field. These technologies enable greater surgical precision, customization, and faster recovery times.

Virtual surgical planning combined with personalized implants enhances procedural accuracy, while 3D bioprinting is paving the way for the next generation of orthopedic solutions. The ongoing investment in R&D, particularly in robotic surgery and material science, is expected to significantly boost the demand for advanced orthopedic devices in the coming years.

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Strategic Players Driving the Orthopaedic Devices Market: B. Braun Melsungen AG, AGIS Network Inc., Amedica Corp., Arthrex Inc., Boston Scientific Corporation, Integra LifeSciences Corporation, Johnson & Johnson, Medtronic PLC, Smith & Nephew PLC, Stryker Corporation.

Research Methodology:

The global Orthopaedic Devices Market research report employs a comprehensive dual-source approach, integrating both primary and secondary data collection methods to ensure robust market analysis. Our research framework systematically evaluates multiple industry-influencing variables, including regulatory frameworks and government policies, prevailing market conditions, competitive intensity levels, historical performance data, current market positioning, technological innovations and disruptions, emerging industry developments, cross-sector business impacts, market volatility patterns, growth prospects, potential market barriers, and strategic challenges facing industry participants.

Segment Covered in the Orthopaedic Devices Market:

By Device Type (Hip Orthopedic Devices, Joint Reconstruction, Knee Orthopedic Devices, Spine Orthopedic Devices, Trauma Fixation Devices, Dental Orthopedic Devices, Other)

By Fixation Type (Internal, External, Intramedullary fixation devices, and Others)

By End User (Orthopaedic Clinics, Hospitals, Other)

By Region (North America, South America, Europe, Asia Pacific, Middle East, and Africa)

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Industry Highlights: Leaders & Plays:

✅ Johnson & Johnson MedTech (DePuy Synthes):

Expanding its digital orthopaedic platform with VELYSTM, ATTUNETM, KINCISETM 2 (automated power tools) showcased at AAOS 2025.

✅ Stryker:

Rolling out Mako 4 for knee, hip‐revision, and spine; strong ASC procedure volumes continuing as "new norm".

✅ Zimmer Biomet:

Acquired Monogram to boost their robotics portfolio FDA cleared autonomous knee system already in place. They also pursue ecosystem expansion via partnerships and acquisitions (ROSA, THINK Surgical).

✅ Smith & Nephew:

Under investor pressure, facing underperformance in orthopaedics market-share decline in U.S. and challenges in China. Its digital platform CORI is coupled with AI tools via partnership with HOPCo for patient recovery analytics.

✅ Medtronic / Globus Medical:

Competing in spine ecosystem space with AI‐powered planning and navigation technologies-pushing innovation beyond implants alone.

✅ Enovis:

Expanded through acquisitions of Mathys and LimaCorporate. Over half its $1B reconstruction revenue now comes from international markets.

Regional Analysis for Orthopaedic Devices Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the Orthopaedic Devices Market Research Industry:

➠ Who leads the Orthopaedic Devices industry and what's their competitive positioning regarding capacity, performance, and profitability?

➠ What growth opportunities and market challenges do Orthopaedic Devices market vendors face?

➠ Which segments show the highest growth potential and market share distribution?

➠ What factors are driving or limiting Orthopaedic Devices market growth?

➠ What are the dominant sales and distribution strategies in the Orthopaedic Devices industry?

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