Hip and Knee Orthopedic Surgical Implant Market Projected to Hit USD 33.5 billion at a 4.37% CAGR by 2032

Hip and Knee Orthopedic Surgical Implant Market: A Growing Segment in Global Orthopedics

Hip and Knee Orthopedic Surgical Implant Market Growth Research Report and Trends Analysis By Product Type (Hip Implants, Knee Implants, Revision Implants, Partial Implants), By Material Type (Metallic Implants, Ceramic Implants, Polymeric Implants, Composite Implants), By Surgery Type (Total Joint Replacement, Partial Joint Replacement, Revision Surgery, Minimally Invasive Surgery), By End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics) and By Regions - Forecast to 2032

According to MRFR Hip And Knee Orthopedic Surgical Implant Market size, share, growth, opportunity, competitive environment, manufacturers, players, and vendors, as well as its segments and sub-segments, is provided by this intelligence research outlook. In-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on in its latest pricing dashboard.

The Hip and Knee Orthopedic Surgical Implant Market is witnessing robust expansion as the demand for joint replacement surgeries accelerates globally. In 2024, the market is projected to reach USD 23.78 billion, a steady rise from USD 22.78 billion in 2023. With a forecasted valuation of USD 33.5 billion by 2032, the market is expected to grow at a CAGR of 4.37% from 2025 to 2032. This growth is primarily driven by the aging population, increasing arthritis prevalence, and the rapid advancement in surgical implant technologies.

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Market Overview and Dynamics

As orthopedic procedures become more refined and accessible, the Hip and Knee Orthopedic Surgical Implant Market has become a cornerstone of modern musculoskeletal treatment. Hip and knee implants restore mobility, improve the quality of life, and reduce pain for millions of patients suffering from osteoarthritis, rheumatoid arthritis, and sports injuries.

The rising geriatric population worldwide remains a significant market driver. With age being a major risk factor for joint deterioration, the need for hip and knee replacement surgeries is increasing rapidly. In parallel, the growing prevalence of arthritis, especially in developed economies, is fueling demand for orthopedic surgical implants.

Technological advancements are transforming the industry. Smart implants, customized 3D-printed prosthetics, and robotic-assisted surgeries are enhancing surgical precision and patient outcomes. The shift toward minimally invasive surgical techniques is also opening up new growth opportunities, offering faster recovery and reduced hospital stays, making these procedures more appealing for both patients and healthcare providers.

Market Segmentation Insights

The Hip and Knee Orthopedic Surgical Implant Market is segmented by product type, material type, surgery type, end user, and regional market. Hip implants are categorized into total hip replacement, partial hip replacement, hip resurfacing, and revision hip implants. Knee implants include total knee, partial knee, and revision knee systems.

In terms of materials, cobalt-chromium alloys, titanium alloys, ceramics, and polyethylene dominate the implant design landscape. The increasing use of advanced biomaterials is improving biocompatibility and implant longevity, reducing revision rates.

Surgery type segmentation shows a clear trend toward minimally invasive surgeries (MIS), which are gaining popularity due to less tissue damage, reduced scarring, and faster postoperative recovery. This trend is particularly strong in urban hospitals and private orthopedic centers.

End users of hip and knee orthopedic surgical implants include hospitals, specialty orthopedic clinics, and ambulatory surgical centers. While hospitals currently account for the largest share due to infrastructure and surgical capabilities, outpatient surgical centers are gaining traction due to cost-effectiveness and quicker turnaround.

Regional Market Trends

North America dominates the Hip and Knee Orthopedic Surgical Implant Market, thanks to high healthcare spending, the availability of advanced surgical systems, and a large base of elderly patients. The U.S. leads the region with strong support from both private and public healthcare sectors.

Europe follows, with key markets like Germany, France, and the UK showing strong demand for hip and knee implants due to their advanced orthopedic healthcare systems and high arthritis incidence rates.

The Asia-Pacific region is projected to experience the fastest growth. This is fueled by rapidly expanding healthcare infrastructure, increasing awareness of joint replacement options, and government initiatives to improve access to orthopedic care in countries such as China, India, and Japan.

South America and MEA are emerging markets with untapped potential. Improving healthcare access, rising income levels, and growing awareness about joint replacement surgeries are likely to spur future demand in these regions.

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Competitive Landscape

• Globus Medical
• NuVasive
• Orthofix International
• Arthrex
• Smith and Nephew
• Zimmer Biomet
• DePuy Synthes
• Johnson and Johnson
• Conmed Corporation
• Exactech
• Wright Medical Group
• B.Braun Melsungen
• Stryker Corporation
• Aesculap
• Medtronic

Companies like Medtronic, Arthrex, Globus Medical, and Exactech are focusing on advanced minimally invasive systems and robotic surgery platforms. Others, such as NuVasive, Orthofix International, and B.Braun Melsungen, are expanding their presence in high-growth regions by forming strategic partnerships and boosting their sales network.

Market Opportunities and Future Outlook

The future of the Hip and Knee Orthopedic Surgical Implant Market lies in innovation, personalization, and global accessibility. Minimally invasive surgical techniques are expected to dominate the surgical landscape, supported by the integration of robotic systems and AI-assisted navigation technologies.

The use of advanced materials, including bio-ceramics and high-performance polymers, will continue to enhance implant durability and patient outcomes. 3D printing is emerging as a game-changer, allowing for custom-designed implants that better match patient anatomy and reduce recovery time.

Emerging markets offer significant potential due to increasing demand, rising healthcare investments, and growing awareness. As healthcare infrastructure improves in developing countries, access to orthopedic care is expanding, creating new opportunities for manufacturers and service providers.

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Avail This Hip And Knee Orthopedic Surgical Implant Market Language Pages Here:

股関節および膝関節整形外科用インプラント市場規模 | Marktanteil orthopädischer chirurgischer Implantate für Hüfte und Knie | Analyse du marché des implants chirurgicaux orthopédiques pour la hanche et le genou | 고관절 및 무릎 정형외과 수술 임플란트 시장 분석 | 髋关节和膝关节骨科手术植入物市场概况| Tendencias del mercado de implantes quirúrgicos ortopédicos de cadera y rodilla

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