Global Joint Arthroplasty Devices Market $24.5 Billion by 2029

The global market for joint arthroplasty devices expected to reach $24.5 billion by 2029, growing at a steady CAGR of 4.7% over the forecast period, driven by technological advancement, and increasing preference, and rapid adoption of minimally invasive surgeries worldwide.

Growing prevalence of joint-related indications such as osteoarthritis (OA), rheumatoid arthritis (RA), avascular necrosis (AVN) or osteonecrosis (ON), congenital dislocation of the hip joint (CDH) or hip dysplasia, acetabular dysplasia (shallow hip socket), frozen shoulder, loose shoulder, traumatized and misaligned joint are expected to boost the growth of joint reconstruction devices market, globally.

• Age-related changes in bone and soft tissue are frequently associated with disabling fractures. Increasing age leads to increasing vulnerability in the musculoskeletal system through injury and disease.
  • Approximately 80% of those older individuals have musculoskeletal complaints. Significant osteoarthritis of the hip or knee will be reported by 40-60% of older individuals.
    • Disabling osteoarthritis of the weight bearing joints frequently leads to joint replacement surgery performed.

Implants are widely used for orthopedic applications such as fixing fractures, repairing non-unions, obtaining a joint arthrodesis, total joint arthroplasty, spinal reconstruction, and soft tissue anchorage. These mechanical devices are used routinely to stabilize fractures, non-unions, and arthrodesis, for reconstruction of arthritic joints during total joint arthroplasty, for correction of spinal deformities and in other orthopedic conditions.

• Joint arthroplasty products market includes implants for both large joints and extremities including hips, knees, shoulders, elbows, and ankles.
  • Driven by robotically assisted surgeries, aging populations, improvements in surgical and pain management techniques and moderate incremental innovations, the demand for joint arthroplasty devices is expected to double in 10 years.
• The advancements are expected to help in complex surgeries to improve success rate of these procedures and increase patient convenience.
  • However, shortage of orthopedic surgeons as well as a lack of significant expertise in certain procedures is impeding market growth.

Europe hip arthroplasty procedure volumes (OECD data)

• Total hip and knee arthroplasties are some of the most successful joint reconstruction procedures to date. Demand for these procedures is expected to grow exponentially in the next 10 years, primarily driven by the aging of the baby boomer generation and the obesity epidemic in the United States.
  • More than 500,000 hip replacement and 800,000 knee replacement procedures were conducted in the US in 2015.
    • Knee and hip joint arthroplasty device segments captured more than half of the total market revenue. Total hip and knee replacement surgery is commonly indicated for severe osteoarthritis of the knee.

The global joint arthroplasty devices market research report provides market size (Revenue in $million and volume in number of procedures, 2019 to 2029), market share analysis, growth trends and forecast (CAGR%, 2023 to 2029).

The global joint arthroscopy devices market segmented by procedure (value and volume) – ankle arthroplasty; elbow arthroplasty (total elbow replacement, hemiarthroplasty); hip arthroplasty (total hip arthroplasty – cemented hip arthroplasty, cementless hip arthroplasty, hybrid hip replacement, partial hip arthroplasty, hip resurfacing, revision hip surgeries); knee arthroplasty (total knee arthroplasty, unicondylar knee arthroplasty, revision knee arthroplasty); shoulder arthroplasty (total shoulder arthroplasty, reverse total shoulder arthroplasty, shoulder hemiarthroplasty, shoulder resurfacing, revision shoulder arthroplasty); and by geography.

The global joint arthroplasty market research report is further segmented by geography into North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), Latin America (Brazil, Mexico, Rest of LA), and Rest of the World.

The key competitors of the global joint arthroplasty products market include Aesculap Implant Systems, LLC, CONMED Corporation, DePuy Synthes (Johnson & Johnson), DJO Global, Inc., Medtronic plc, Nuvasive, Inc., Smith and Nephew plc, Stryker Corporation, and Zimmer Biomet.

Other players operating in the joint arthroplasty market include Adler Ortho SRL, Arthrex GmBH, B. Braun Melsungen AG, BioPro, Inc., Corin Group, Evolutis India Pvt. Ltd., Exactech, Inc., FH Orthopedics SAS, Implantcast GmBH, Implants International Ltd., Integra LifeSciences Holdings Corporation, JRI Orthopedics Ltd., Lima Corporate, Mathys AG, MatOrtho Ltd., Medacta International SA, MicroPort Scientific Corporation, Tornier, Inc., Waldemar Link GmbH & Co. KG, and Wright Medical Group NV.

• Procedure Type
  • Ankle Arthroplasty
  • Elbow Arthroplasty
    • Total Elbow Replacement
    • Hemiarthroplasty
  • Hip Arthroplasty
    • Total Hip Arthroplasty (THA)
    • Cemented Hip Arthroplasty
    • Cementless Hip Arthroplasty
    • Hybrid Hip Replacement
    • Partial Hip Arthroplasty
    • Hip Resurfacing
    • Revision Hip Surgeries
  • Knee Arthroplasty
    • Total Knee Arthroplasty (TKA)
    • Unicondylar Knee Arthroplasty
    • Revision Knee Arthroplasty
  • Shoulder Arthroplasty
    • Total Shoulder Arthroplasty (TSA)
    • Reverse Total Shoulder Arthroplasty (RTSA)
    • Shoulder Hemiarthroplasty
    • Shoulder Resurfacing
    • Revision Shoulder Arthroplasty
• Geography
  • North America (U.S., Canada)
  • Europe (U.K., Germany, France, Italy, Spain, Rest of EU)
  • Asia Pacific (Japan, China, India, Rest of APAC)
  • Latin America (Brazil, Mexico, Rest of LA)
  • Rest of the World
• Company Profiles
  • Adler Ortho SRL
  • Arthrex GmbH
  • B. Braun Melsungen
  • BioPro, Inc.
  • Corin Group
  • DePuy Synthes (Johnson & Johnson)
  • DJO Global, Inc.
  • Evolutis India Pvt. Ltd.
  • Exactech, Inc.
  • FH Orthopedics SAS
  • Implantcast GmbH
  • Implants International Ltd.
  • Integra LifeSciences Holdings Corporation
  • JRI Orthopedics Ltd.
  • Lima Corporate
  • Mathys AG
  • MatOrtho Ltd.
  • Medacta International SA
  • MicroPort Scientific Corporation
  • Smith & Nephew plc
  • Stryker Corporation
  • Tornier, Inc.
  • Waldemar Link GmbH & Co. KG
  • Wright Medical Group NV
  • Zimmer Biomet

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Related publications:

• Joint Arthroplasty Devices Market by Procedure Type (Value and Volume) – Ankle Arthroplasty; Elbow Arthroplasty (Total Elbow Replacement, Hemiarthroplasty); Hip Arthroplasty (Total Hip Arthroplasty – Cemented Hip Arthroplasty, Cementless Hip Arthroplasty, Hybrid Hip Replacement, Partial Hip Arthroplasty, Hip Resurfacing, Revision Hip Surgeries); Knee Arthroplasty (Total Knee Arthroplasty, Unicondylar Knee Arthroplasty, Revision Knee Arthroplasty); Shoulder Arthroplasty (Total Shoulder Arthroplasty, Reverse Total Shoulder Arthroplasty, Shoulder Hemiarthroplasty, Shoulder Resurfacing, Revision Shoulder Arthroplasty) and Forecast 2023-2029
• Extremity Replacement Implants Market by Product [Shoulder Replacement Implants (Total Shoulder Arthroplasty, Reverse Shoulder Arthroplasty, Shoulder Hemiarthroplasty, Shoulder Resurfacing, Revision Shoulder Arthroplasty), Elbow Replacement Implants, Ankle Replacement Implants, Small Joint Replacement Implants], End User (Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics) and Forecast 2023-2029
• Global Extremity Replacement Implants Market $3.1 Billion by 2029
• Knee Cartilage Repair Market by Procedure [Chondrocyte Implantation (Autologous Chondrocyte Implantation, Matrix-Induced Autologous Chondrocyte Implantation, Autologous Matrix-Induced Chondrogenesis / Enhanced Microfracture, by Product (BST-CarGel, GelrinC, JointRep, CartiFill, chondrotissue, Chondro-Gide, MeRG, Hyalofast, ChondroFiller), Others (DeNovo NT Graft)], Osteochondral Autograft Transfer, Osteochondral Allograft Transplantation, Arthroscopic Chondroplasty, Partial Knee Replacement, Microfracture, Others (Meniscus Repair)] and Forecast 2023-2029
• Arthroscopy Devices Market by Product (Arthroscopes, Arthroscopy Shavers, Arthroscopy Fluid Management System, Arthroscopy Implants, Knee Implants, Shoulder Implants, Hip Implants, Small Joint Implants Market, Arthroscopy Radio Frequency Systems, Arthroscopy Visualization Systems) and Forecast 2023-2029