Hips & Knees Reconstructive Market 2024-2031 | Industry Developments, Future Growth, Share & Industry Insights

Hips & Knees Reconstructive Market was valued at US$ 17.30 billion in 2023 and is projected to reach US$ 22.93 billion by 2031, registering a CAGR of 3.6% during the forecast period 2024-2031.

DataM Intelligence unveils its latest report on the "Hips & Knees Reconstructive Market Size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.

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List of Top Key Player: F. Hoffmann-La Roche Ltd, Abbott, Hologic, Inc., Danaher Corporation, Bio-Rad Laboratories, Inc., Revvity, Siemens Healthcare Private Limited, Thermo Fisher Scientific Inc., Illumina, Inc., and Sysmex Corporation.

United States - Industry Developments:

✅ Zimmer Biomet Acquires Paragon 28 - On January 28, 2025, Zimmer Biomet announced its acquisition of Paragon 28 for $1.2 billion, expanding its knee reconstruction portfolio.

✅ Stryker Launches Mako 4 Robotics System - At the AAOS 2025 Annual Meeting, Stryker unveiled its fourth-generation Mako robotic platform, enhancing precision in joint replacement surgeries.

✅ Smith+Nephew Showcases Advanced Orthopaedic Technologies - On March 11, 2025, Smith+Nephew highlighted its latest advancements in orthopaedic reconstruction, focusing on robotics and joint implants.

South Korea - Industry Developments:

✅ Joint Reconstruction Devices Market Growth - The joint reconstruction devices market in South Korea is projected to grow from US$ 19,852.46 million in 2024 to US$ 30,573.75 million by 2033, registering a CAGR of 5.0%.

Europe - Industry Developments:

✅ Zydus Completes Acquisition of Amplitude Surgical - On July 29, 2025, Zydus completed the acquisition of a majority stake in Amplitude Surgical, enhancing its orthopedic portfolio.

✅ Enovis Announces New CEO - In April 2025, Enovis announced Damian McDonald as its new CEO, effective May 12, 2025, focusing on integration and small bolt-on acquisitions.

Forecast Projection:

The Global Hips & Knees Reconstructive Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.

Market Intelligence Research Process:

The Hips & Knees Reconstructive Market research report by DataM Intelligence combines primary and secondary data to deliver deep, actionable insights. It examines the full spectrum of factors shaping the industry, from government regulations and market conditions to competitive dynamics, historical trends, technological breakthroughs, upcoming innovations, and potential challenges. This comprehensive analysis not only highlights growth prospects but also identifies barriers, equipping businesses to navigate market volatility and capitalize on emerging opportunities.

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Key Segmentation:

By Knee Replacement - Total Knee Systems, Partial Knee System, Revision Knee Systems

By Hip Replacement - Total Hip Systems, Partial Hip Systems, Revision Hip Systems

By Fixation Method - Cemented Fixation, Cementless Fixation, Hybrid Fixation

By End-User - Hospitals & Clinics, Ambulatory Surgical Centers, Orthopedic Clinics, Others

Global Growth Regional Analysis:

⇥ 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)

Benefits of the Report:

Chapter 1 - Market Overview: Kickstarts the report with a comprehensive snapshot of the Hips & Knees Reconstructive Market, summarizing key segments by region, product type, and application. Highlights include market size, segment growth potential, and short- & long-term industry outlook.

Chapter 2 - Emerging Trends: Uncovers the game-changing trends and high-impact innovations shaping the future of the industry.

Chapter 3 - Competitive Landscape: Offers a deep dive into market competition, detailing revenue shares, strategic initiatives, and recent mergers & acquisitions.

Chapter 4 - Top Player Profiles: Features detailed company profiles, covering revenue, profit margins, product lines, and major milestones for leading market players.

Chapters 5 & 6 - Regional & Country Analysis: Breaks down revenue performance across global regions, providing insights on market sizes, opportunities, and growth prospects worldwide.

Chapter 7 - Segmentation Analysis: Explores market segmentation by type, revealing high-potential categories and guiding businesses towards lucrative areas.

Chapter 8 - Application Insights: Examines downstream markets and identifies promising sectors for expansion, showing how different applications are driving growth.

Chapter 9 - Supply Chain Mapping: Maps the entire industry supply chain, highlighting upstream and downstream activities for a holistic market perspective.

Chapter 10 - Key Takeaways: Concludes with critical insights and actionable strategies, equipping stakeholders to make informed decisions and stay ahead in the market.

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FAQ's

Q1: What is the current size of the Hips & Knees Reconstructive Market and its future potential?

A: The Hips & Knees Reconstructive Market was valued at US$ 17.30 billion in 2023 and is projected to surge to US$ 22.93 billion by 2031

Q2: How fast is the Hips & Knees Reconstructive Market expected to grow in the coming years?

A: The market is forecast to expand at a robust CAGR of 3.6% between 2024-2031, signaling strong global growth and investment potential.

Q3: Which regions are dominating the Hips & Knees Reconstructive Market and which are fastest-growing?

A: North America is expected to hold a significant position in the global hips & knees reconstructive market share.

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