Global Orthopedic Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Hip Orthopedic Devices, Joint Reconstruction, Knee Orthopedic Devices, Spine Orthopedic Devices, Trauma Fixation Devices, Craniomaxillofacial Orthopedic Devices, Dental Orthopedic Devices, and Others

By End-use;

Hospitals and Outpatient Facilities

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn122570135 Published Date: May, 2025 Updated Date: June, 2025

Orthopedic Devices Market Overview

Orthopedic Devices Market (USD Million)

Orthopedic Devices Market was valued at USD 61,459.58 million in the year 2024. The size of this market is expected to increase to USD 84,674.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.


Global Orthopedic Devices Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 4.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.7 %
Market Size (2024)USD 61,459.58 Million
Market Size (2031)USD 84,674.33 Million
Market ConcentrationHigh
Report Pages386
61,459.58
2024
84,674.33
2031

Major Players

  • DePuy Synthes Companies
  • DJO Global Inc
  • Globus Medical Inc
  • Integra LifeSciences
  • Medtronic Spinal
  • NuVasive Inc
  • Smith & Nephew PLC
  • Stryker Corporation
  • Wright Medical Group NV
  • Zimmer Biomet

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Orthopedic Devices Market

Fragmented - Highly competitive market without dominant players


The orthopedic devices market is witnessing steady growth, largely fueled by the rising incidence of musculoskeletal disorders and trauma-related injuries. With over 60% of the aging population experiencing joint or bone conditions, there is a strong push toward devices that support mobility restoration and functional recovery. These devices play a crucial role in enhancing post-surgical outcomes and improving overall quality of life.

Innovation Accelerating Market Evolution
Advances in orthopedic technology are reshaping treatment approaches across the sector. The adoption of robot-assisted tools, 3D-printed implants, and smart orthopedic systems has grown rapidly, with more than 40% of new product launches integrating these innovations. These enhancements offer superior surgical precision and reduced procedural risks, contributing to better patient satisfaction and stronger demand.

Shift Toward Minimally Invasive Techniques
There is a growing inclination toward minimally invasive orthopedic procedures due to their benefits in terms of faster recovery and lower complication rates. Currently, nearly 55% of orthopedic treatments are conducted using less invasive methods, prompting the need for advanced devices that support these surgical trends. Ergonomic designs and high-precision tools are now central to product development in this space.

Strategic Focus on Research and Infrastructure
Enhanced focus on clinical innovation and healthcare investment is fostering growth in the orthopedic device sector. More than 35% of ongoing research initiatives target improved device safety, biocompatibility, and long-term performance. These efforts, supported by healthcare reforms and funding, are expanding the availability of cutting-edge orthopedic solutions, reinforcing the market's long-term potential.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End-Use
    3. Market Snapshot, By Region
  4. Orthopedic Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Expanding global elderly population
        2. Rising orthopedic disorder cases
        3. Increase in sports-related injuries
      2. Restraints
        1. Intensifying market pricing pressure

        2. Reimbursement policy-related challenges

        3. Expensive orthopedic implant procedures

      3. Opportunities
        1. Tailored patient-specific treatment approaches
        2. Telemedicine and Digital Health Integration
        3. Focus on Outpatient Care
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Orthopedic Devices Market, By Application, 2021 - 2031 (USD Million)
      1. Hip Orthopedic Devices
      2. Joint reconstruction
      3. Knee Orthopedic Devices
      4. Spine Orthopedic Devices
      5. Trauma Fixation Devices
      6. Craniomaxillofacial Orthopedic Devices
      7. Dental Orthopedic Devices
      8. Others
    2. Orthopedic Devices Market, By End-use, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Outpatient Facilities
    3. Orthopedic Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. DePuy Synthes Companies
      2. DJO Global Inc
      3. Globus Medical Inc
      4. Integra LifeSciences
      5. Medtronic Spinal
      6. NuVasive Inc
      7. Smith & Nephew PLC
      8. Stryker Corporation
      9. Wright Medical Group NV
      10. Zimmer Biomet
  7. Analyst Views
  8. Future Outlook of the Market