Orthopedic Implants Market By Product Type , By Biomaterial By Type : Global Opportunity Analysis and Industry Forecast, 2024-2033

Description

The global orthopedic implants market was valued at $49.4 Billion in 2023, and is projected to reach $76.4 Billion by 2033, growing at a CAGR of 4.4% from 2024 to 2033.

Orthopedic implant encompasses medical device designed to replace or support damaged or diseased bones and joints. This implant is commonly used in orthopedic surgeries to restore mobility, relieve pain, and improve the quality of life for patients suffering from conditions such as arthritis, fractures, or sports injuries. Orthopedic implant ranges from screws and plates for fracture fixation to joint replacements such as hip and knee prostheses. This implant is meticulously engineered to mimic the function and structure of natural bones and joints, facilitating better patient outcomes and enhancing overall orthopedic care.

The growth of the global orthopedic implant market is driven by rise in the number of orthopedic disorders such as impairments in the muscles, bones, joints, and adjacent connective tissues, leading to temporary or lifelong limitations in functioning and participation. Moreover, trend of technological advancements has led to significant improvements in the design and materials used in orthopedic implants, which have made them more effective and durable. Companies are adopting the most advanced surgical cutting-edge robotic technology that has been developed to support surgeons with personalized preplanning and obtain precise results for knee replacement surgeries.

However, high cost of orthopedic implant and lack of reimbursement policies by insurance companies make them less accessible to patients which hamper the market growth. On the other hand, rise in regulatory approvals for orthopedic implants for various new applications is expected to create lucrative opportunities for the growth of the orthopedic implants market. For instance, in February 2021, the U.S. Food and Drug Administration approved the Patient Specific Talus Spacer 3D-printed talus implant for humanitarian use. The Patient Specific Talus Spacer is the first in the world and first-of-its-kind implant to replace the talus-the bone in the ankle joint that connects the leg and the foot-for the treatment of avascular necrosis (AVN) of the ankle joint.

Segmentation Overview

The orthopedic implants market is segmented into product type, biomaterial, type, and region. Depending on product type, the market is classified into reconstructive joint replacements, spinal implants, dental implants, trauma, orthobiologics, and others. According to biomaterial, it is categorized into metallic biomaterials, ceramic biomaterials, polymeric biomaterials, and others. As per the type, the market is divided into knee, hip, wrist and shoulder, dental, spine, ankle, and others. Region wise, it is analyzed across Latin America, Asia-Pacific, North America, Europe, and Middle East & Africa.

Key Findings

By product type, the reconstructive joint replacements segment held the highest market share in 2023.

Depending on biomaterial, the metallic biomaterials segment accounted for the largest market share in 2023.

According to the type, the knee segment acquired the maximum share in the market in 2023.

Region wise, North America dominated the orthopedic implant market 2023.

Competitive Scenario

The major players operating in the orthopedic implants market include Arthrex, Inc., Colfax Corporation (DJO, LLC) , CONMED CORPORATION, GLOBUS MEDICAL INC., Johnson & Johnson (DEPUY SYNTHES) , Medtronic Plc, NuVasive Inc., Smith & Nephew plc, Stryker Corporation, and Zimmer Biomet Holdings Inc. These players have adopted several market tactics, including mergers & acquisitions, partnerships, collaborations, product innovation & development, marketing, and advertising to maintain their strong position in the competitive market.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Regulatory Guidelines
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)

Key Market Segments

By Product Type

Reconstructive Joint Replacements
- Knee Replacement Implants
- Hip Replacement Implants
- Extremities

◦ Upper Extremity Reconstruction

◦ Lower Extremity Reconstruction

Spinal Implants
- Spinal fusion implants

◦ Thoracolumbar devices

◦ Cervical fixation devices

◦ Interbody fusion devices

Invasive Spinal bone stimulators
Vertebral Compression Fracture (VCF) Devices

◦ Balloon Kyphoplasty Devices

◦ Vertebroplasty Devices

Motion Preservation Devices/Non-Fusion Devices

◦ Dynamic Stabilization Devices

◦ Artificial Disc Replacement Devices

◦ Annulus Repair Devices

◦ Nuclear Disc Prostheses

Dental Implants
- Root Form Dental Implants
- Plate Form Dental Implants
Trauma
Orthobiologics
- Demineralized Bone Matrix (DBM)
- Allograft
- Bone Morphogenetic Protein (BMP)
- Viscosupplementation Products
- Synthetic Bone Substitutes
- Others
Others

By Biomaterial

Metallic Biomaterials
- Stainless steel
- Titanium Alloy
- Cobalt Alloy
- Others
Ceramic Biomaterials
Polymeric Biomaterials
Others

By Type

Knee
Hip
Wrist and Shoulder
Dental
Spine
Ankle
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA

Key Market Players:

Globus Medical, Inc.
Johnson & Johnson,
Medtronic plc
Zimmer Biomet Holdings Inc.
NuVasive Inc.
CONMED Corporation
Arthrex, Inc.
Smith & Nephew plc
Stryker Corporation
Colfax Corporation

Product Code: A01845

CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
- 1.4.1. Primary Research
- 1.4.2. Secondary Research
- 1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
- 3.2.1. Top Investment Pockets
- 3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
- 3.3.1. Bargaining Power of Suppliers
- 3.3.2. Threat of New Entrants
- 3.3.3. Threat of Substitutes
- 3.3.4. Competitive Rivalry
- 3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities

CHAPTER 4: ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE

4.1. Market Overview
- 4.1.1 Market Size and Forecast, By Product Type
4.2. Reconstructive Joint Replacements
- 4.2.1. Key Market Trends, Growth Factors and Opportunities
- 4.2.2. Market Size and Forecast, By Region
- 4.2.3. Market Share Analysis, By Country
- 4.2.5. Knee Replacement Implants
  - 4.2.5.1. Market Size and Forecast
- 4.2.6. Hip Replacement Implants
  - 4.2.6.1. Market Size and Forecast
- 4.2.7. Extremities
  - 4.2.7.1. Market Size and Forecast
  - 4.2.7.2. Upper Extremity Reconstruction
  - 4.2.7.2.1. Market Size and Forecast
  - 4.2.7.2.2. Shoulder
  - 4.2.7.2.2.1. Market Size and Forecast
  - 4.2.7.2.2. Elbow
  - 4.2.7.2.2.1. Market Size and Forecast
  - 4.2.7.2.2. Wrist
  - 4.2.7.2.2.1. Market Size and Forecast
  - 4.2.7.2. Lower Extremity Reconstruction
  - 4.2.7.2.1. Market Size and Forecast
  - 4.2.7.2.2. Upper
  - 4.2.7.2.2.1. Market Size and Forecast
  - 4.2.7.2.2. Lower
  - 4.2.7.2.2.1. Market Size and Forecast
4.3. Spinal Implants
- 4.3.1. Key Market Trends, Growth Factors and Opportunities
- 4.3.2. Market Size and Forecast, By Region
- 4.3.3. Market Share Analysis, By Country
- 4.3.5. Spinal fusion implants
  - 4.3.5.1. Market Size and Forecast
  - 4.3.5.2. Thoracolumbar devices
  - 4.3.5.2.1. Market Size and Forecast
  - 4.3.5.2. Cervical fixation devices
  - 4.3.5.2.1. Market Size and Forecast
  - 4.3.5.2. Interbody fusion devices
  - 4.3.5.2.1. Market Size and Forecast
- 4.3.6. Invasive Spinal bone stimulators
  - 4.3.6.1. Market Size and Forecast
- 4.3.7. Vertebral Compression Fracture (VCF) Devices
  - 4.3.7.1. Market Size and Forecast
  - 4.3.7.2. Balloon Kyphoplasty Devices
  - 4.3.7.2.1. Market Size and Forecast
  - 4.3.7.2. Vertebroplasty Devices
  - 4.3.7.2.1. Market Size and Forecast
- 4.3.8. Motion Preservation Devices/Non-Fusion Devices
  - 4.3.8.1. Market Size and Forecast
  - 4.3.8.2. Dynamic Stabilization Devices
  - 4.3.8.2.1. Market Size and Forecast
  - 4.3.8.2. Artificial Disc Replacement Devices
  - 4.3.8.2.1. Market Size and Forecast
  - 4.3.8.2. Annulus Repair Devices
  - 4.3.8.2.1. Market Size and Forecast
  - 4.3.8.2. Nuclear Disc Prostheses
  - 4.3.8.2.1. Market Size and Forecast
4.4. Dental Implants
- 4.4.1. Key Market Trends, Growth Factors and Opportunities
- 4.4.2. Market Size and Forecast, By Region
- 4.4.3. Market Share Analysis, By Country
- 4.4.5. Root Form Dental Implants
  - 4.4.5.1. Market Size and Forecast
- 4.4.6. Plate Form Dental Implants
  - 4.4.6.1. Market Size and Forecast
4.5. Trauma
- 4.5.1. Key Market Trends, Growth Factors and Opportunities
- 4.5.2. Market Size and Forecast, By Region
- 4.5.3. Market Share Analysis, By Country
4.6. Orthobiologics
- 4.6.1. Key Market Trends, Growth Factors and Opportunities
- 4.6.2. Market Size and Forecast, By Region
- 4.6.3. Market Share Analysis, By Country
- 4.6.5. Demineralized Bone Matrix (DBM)
  - 4.6.5.1. Market Size and Forecast
- 4.6.6. Allograft
  - 4.6.6.1. Market Size and Forecast
- 4.6.7. Bone Morphogenetic Protein (BMP)
  - 4.6.7.1. Market Size and Forecast
- 4.6.8. Viscosupplementation Products
  - 4.6.8.1. Market Size and Forecast
- 4.6.9. Synthetic Bone Substitutes
  - 4.6.9.1. Market Size and Forecast
- 4.6.10. Others
  - 4.6.10.1. Market Size and Forecast
4.7. Others
- 4.7.1. Key Market Trends, Growth Factors and Opportunities
- 4.7.2. Market Size and Forecast, By Region
- 4.7.3. Market Share Analysis, By Country

CHAPTER 5: ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL

5.1. Market Overview
- 5.1.1 Market Size and Forecast, By Biomaterial
5.2. Metallic Biomaterials
- 5.2.1. Key Market Trends, Growth Factors and Opportunities
- 5.2.2. Market Size and Forecast, By Region
- 5.2.3. Market Share Analysis, By Country
- 5.2.5. Stainless steel
  - 5.2.5.1. Market Size and Forecast
- 5.2.6. Titanium Alloy
  - 5.2.6.1. Market Size and Forecast
- 5.2.7. Cobalt Alloy
  - 5.2.7.1. Market Size and Forecast
- 5.2.8. Others
  - 5.2.8.1. Market Size and Forecast
5.3. Ceramic Biomaterials
- 5.3.1. Key Market Trends, Growth Factors and Opportunities
- 5.3.2. Market Size and Forecast, By Region
- 5.3.3. Market Share Analysis, By Country
5.4. Polymeric Biomaterials
- 5.4.1. Key Market Trends, Growth Factors and Opportunities
- 5.4.2. Market Size and Forecast, By Region
- 5.4.3. Market Share Analysis, By Country
5.5. Others
- 5.5.1. Key Market Trends, Growth Factors and Opportunities
- 5.5.2. Market Size and Forecast, By Region
- 5.5.3. Market Share Analysis, By Country

CHAPTER 6: ORTHOPEDIC IMPLANTS MARKET, BY TYPE

6.1. Market Overview
- 6.1.1 Market Size and Forecast, By Type
6.2. Knee
- 6.2.1. Key Market Trends, Growth Factors and Opportunities
- 6.2.2. Market Size and Forecast, By Region
- 6.2.3. Market Share Analysis, By Country
6.3. Hip
- 6.3.1. Key Market Trends, Growth Factors and Opportunities
- 6.3.2. Market Size and Forecast, By Region
- 6.3.3. Market Share Analysis, By Country
6.4. Wrist And Shoulder
- 6.4.1. Key Market Trends, Growth Factors and Opportunities
- 6.4.2. Market Size and Forecast, By Region
- 6.4.3. Market Share Analysis, By Country
6.5. Dental
- 6.5.1. Key Market Trends, Growth Factors and Opportunities
- 6.5.2. Market Size and Forecast, By Region
- 6.5.3. Market Share Analysis, By Country
6.6. Spine
- 6.6.1. Key Market Trends, Growth Factors and Opportunities
- 6.6.2. Market Size and Forecast, By Region
- 6.6.3. Market Share Analysis, By Country
6.7. Ankle
- 6.7.1. Key Market Trends, Growth Factors and Opportunities
- 6.7.2. Market Size and Forecast, By Region
- 6.7.3. Market Share Analysis, By Country
6.8. Others
- 6.8.1. Key Market Trends, Growth Factors and Opportunities
- 6.8.2. Market Size and Forecast, By Region
- 6.8.3. Market Share Analysis, By Country

CHAPTER 7: ORTHOPEDIC IMPLANTS MARKET, BY REGION

7.1. Market Overview
- 7.1.1 Market Size and Forecast, By Region
7.2. North America
- 7.2.1. Key Market Trends and Opportunities
- 7.2.2. Market Size and Forecast, By Product Type
- 7.2.3. Market Size and Forecast, By Biomaterial
- 7.2.4. Market Size and Forecast, By Type
- 7.2.5. Market Size and Forecast, By Country
- 7.2.6. U.S. Orthopedic Implants Market
  - 7.2.6.1. Market Size and Forecast, By Product Type
  - 7.2.6.2. Market Size and Forecast, By Biomaterial
  - 7.2.6.3. Market Size and Forecast, By Type
- 7.2.7. Canada Orthopedic Implants Market
  - 7.2.7.1. Market Size and Forecast, By Product Type
  - 7.2.7.2. Market Size and Forecast, By Biomaterial
  - 7.2.7.3. Market Size and Forecast, By Type
- 7.2.8. Mexico Orthopedic Implants Market
  - 7.2.8.1. Market Size and Forecast, By Product Type
  - 7.2.8.2. Market Size and Forecast, By Biomaterial
  - 7.2.8.3. Market Size and Forecast, By Type
7.3. Europe
- 7.3.1. Key Market Trends and Opportunities
- 7.3.2. Market Size and Forecast, By Product Type
- 7.3.3. Market Size and Forecast, By Biomaterial
- 7.3.4. Market Size and Forecast, By Type
- 7.3.5. Market Size and Forecast, By Country
- 7.3.6. Germany Orthopedic Implants Market
  - 7.3.6.1. Market Size and Forecast, By Product Type
  - 7.3.6.2. Market Size and Forecast, By Biomaterial
  - 7.3.6.3. Market Size and Forecast, By Type
- 7.3.7. France Orthopedic Implants Market
  - 7.3.7.1. Market Size and Forecast, By Product Type
  - 7.3.7.2. Market Size and Forecast, By Biomaterial
  - 7.3.7.3. Market Size and Forecast, By Type
- 7.3.8. UK Orthopedic Implants Market
  - 7.3.8.1. Market Size and Forecast, By Product Type
  - 7.3.8.2. Market Size and Forecast, By Biomaterial
  - 7.3.8.3. Market Size and Forecast, By Type
- 7.3.9. Italy Orthopedic Implants Market
  - 7.3.9.1. Market Size and Forecast, By Product Type
  - 7.3.9.2. Market Size and Forecast, By Biomaterial
  - 7.3.9.3. Market Size and Forecast, By Type
- 7.3.10. Spain Orthopedic Implants Market
  - 7.3.10.1. Market Size and Forecast, By Product Type
  - 7.3.10.2. Market Size and Forecast, By Biomaterial
  - 7.3.10.3. Market Size and Forecast, By Type
- 7.3.11. Rest of Europe Orthopedic Implants Market
  - 7.3.11.1. Market Size and Forecast, By Product Type
  - 7.3.11.2. Market Size and Forecast, By Biomaterial
  - 7.3.11.3. Market Size and Forecast, By Type
7.4. Asia-Pacific
- 7.4.1. Key Market Trends and Opportunities
- 7.4.2. Market Size and Forecast, By Product Type
- 7.4.3. Market Size and Forecast, By Biomaterial
- 7.4.4. Market Size and Forecast, By Type
- 7.4.5. Market Size and Forecast, By Country
- 7.4.6. Japan Orthopedic Implants Market
  - 7.4.6.1. Market Size and Forecast, By Product Type
  - 7.4.6.2. Market Size and Forecast, By Biomaterial
  - 7.4.6.3. Market Size and Forecast, By Type
- 7.4.7. China Orthopedic Implants Market
  - 7.4.7.1. Market Size and Forecast, By Product Type
  - 7.4.7.2. Market Size and Forecast, By Biomaterial
  - 7.4.7.3. Market Size and Forecast, By Type
- 7.4.8. India Orthopedic Implants Market
  - 7.4.8.1. Market Size and Forecast, By Product Type
  - 7.4.8.2. Market Size and Forecast, By Biomaterial
  - 7.4.8.3. Market Size and Forecast, By Type
- 7.4.9. Australia Orthopedic Implants Market
  - 7.4.9.1. Market Size and Forecast, By Product Type
  - 7.4.9.2. Market Size and Forecast, By Biomaterial
  - 7.4.9.3. Market Size and Forecast, By Type
- 7.4.10. South Korea Orthopedic Implants Market
  - 7.4.10.1. Market Size and Forecast, By Product Type
  - 7.4.10.2. Market Size and Forecast, By Biomaterial
  - 7.4.10.3. Market Size and Forecast, By Type
- 7.4.11. Rest of Asia-Pacific Orthopedic Implants Market
  - 7.4.11.1. Market Size and Forecast, By Product Type
  - 7.4.11.2. Market Size and Forecast, By Biomaterial
  - 7.4.11.3. Market Size and Forecast, By Type
7.5. LAMEA
- 7.5.1. Key Market Trends and Opportunities
- 7.5.2. Market Size and Forecast, By Product Type
- 7.5.3. Market Size and Forecast, By Biomaterial
- 7.5.4. Market Size and Forecast, By Type
- 7.5.5. Market Size and Forecast, By Country
- 7.5.6. Brazil Orthopedic Implants Market
  - 7.5.6.1. Market Size and Forecast, By Product Type
  - 7.5.6.2. Market Size and Forecast, By Biomaterial
  - 7.5.6.3. Market Size and Forecast, By Type
- 7.5.7. Saudi Arabia Orthopedic Implants Market
  - 7.5.7.1. Market Size and Forecast, By Product Type
  - 7.5.7.2. Market Size and Forecast, By Biomaterial
  - 7.5.7.3. Market Size and Forecast, By Type
- 7.5.8. South Africa Orthopedic Implants Market
  - 7.5.8.1. Market Size and Forecast, By Product Type
  - 7.5.8.2. Market Size and Forecast, By Biomaterial
  - 7.5.8.3. Market Size and Forecast, By Type
- 7.5.9. Rest of LAMEA Orthopedic Implants Market
  - 7.5.9.1. Market Size and Forecast, By Product Type
  - 7.5.9.2. Market Size and Forecast, By Biomaterial
  - 7.5.9.3. Market Size and Forecast, By Type

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top Winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top Player Positioning, 2023

CHAPTER 9: COMPANY PROFILES

9.1. Globus Medical, Inc.
- 9.1.1. Company Overview
- 9.1.2. Key Executives
- 9.1.3. Company Snapshot
- 9.1.4. Operating Business Segments
- 9.1.5. Product Portfolio
- 9.1.6. Business Performance
- 9.1.7. Key Strategic Moves and Developments
9.2. Johnson And Johnson,
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Operating Business Segments
- 9.2.5. Product Portfolio
- 9.2.6. Business Performance
- 9.2.7. Key Strategic Moves and Developments
9.3. Medtronic Plc
- 9.3.1. Company Overview
- 9.3.2. Key Executives
- 9.3.3. Company Snapshot
- 9.3.4. Operating Business Segments
- 9.3.5. Product Portfolio
- 9.3.6. Business Performance
- 9.3.7. Key Strategic Moves and Developments
9.4. Zimmer Biomet Holdings Inc.
- 9.4.1. Company Overview
- 9.4.2. Key Executives
- 9.4.3. Company Snapshot
- 9.4.4. Operating Business Segments
- 9.4.5. Product Portfolio
- 9.4.6. Business Performance
- 9.4.7. Key Strategic Moves and Developments
9.5. NuVasive Inc.
- 9.5.1. Company Overview
- 9.5.2. Key Executives
- 9.5.3. Company Snapshot
- 9.5.4. Operating Business Segments
- 9.5.5. Product Portfolio
- 9.5.6. Business Performance
- 9.5.7. Key Strategic Moves and Developments
9.6. CONMED Corporation
- 9.6.1. Company Overview
- 9.6.2. Key Executives
- 9.6.3. Company Snapshot
- 9.6.4. Operating Business Segments
- 9.6.5. Product Portfolio
- 9.6.6. Business Performance
- 9.6.7. Key Strategic Moves and Developments
9.7. Arthrex, Inc.
- 9.7.1. Company Overview
- 9.7.2. Key Executives
- 9.7.3. Company Snapshot
- 9.7.4. Operating Business Segments
- 9.7.5. Product Portfolio
- 9.7.6. Business Performance
- 9.7.7. Key Strategic Moves and Developments
9.8. Smith And Nephew Plc
- 9.8.1. Company Overview
- 9.8.2. Key Executives
- 9.8.3. Company Snapshot
- 9.8.4. Operating Business Segments
- 9.8.5. Product Portfolio
- 9.8.6. Business Performance
- 9.8.7. Key Strategic Moves and Developments
9.9. Stryker Corporation
- 9.9.1. Company Overview
- 9.9.2. Key Executives
- 9.9.3. Company Snapshot
- 9.9.4. Operating Business Segments
- 9.9.5. Product Portfolio
- 9.9.6. Business Performance
- 9.9.7. Key Strategic Moves and Developments
9.10. Colfax Corporation
- 9.10.1. Company Overview
- 9.10.2. Key Executives
- 9.10.3. Company Snapshot
- 9.10.4. Operating Business Segments
- 9.10.5. Product Portfolio
- 9.10.6. Business Performance
- 9.10.7. Key Strategic Moves and Developments