As per Intent Market Research, the Artificial Joints Market was valued at USD 20.8 Billion in 2024-e and will surpass USD 38.1 Billion by 2030; growing at a CAGR of 10.6% during 2025 - 2030.
The artificial joints market is a crucial segment within the broader orthopedic industry, driven by the increasing prevalence of joint disorders, the aging population, and the rising demand for joint replacement surgeries. Artificial joints, or prosthetic joints, are medical devices designed to replace damaged or worn-out natural joints, restoring functionality and improving the quality of life for individuals suffering from conditions such as arthritis, trauma, or congenital defects. The market includes various types of artificial joints, materials, and applications across a range of end-use industries such as hospitals, orthopedic clinics, and rehabilitation centers. As the demand for joint replacements grows, advancements in materials and techniques continue to enhance the outcomes of these procedures, driving market growth.
Knee Joints Are Largest Type of Joint Owing to High Incidence of Knee Disorders
Knee joints represent the largest segment within the artificial joints market due to the high incidence of knee-related disorders, particularly osteoarthritis and rheumatoid arthritis, among the aging population. Knee replacement surgery is one of the most commonly performed procedures worldwide, making knee joints the largest type of joint in the artificial joints market. The high demand for knee joint replacements is driven by the increasing number of individuals suffering from joint pain, mobility issues, and degenerative conditions.
Knee replacements are particularly prevalent in elderly populations, as knee joint wear and tear is common with aging. As surgical techniques improve and the prosthetic materials used in knee joints become more durable, the market for knee joint replacements continues to expand, solidifying its position as the largest subsegment in the artificial joints market.
Metal Is Largest Material Type Owing to Durability and Strength
Metal is the largest material type in the artificial joints market, primarily due to its durability, strength, and long-lasting properties. Metals such as titanium and cobalt-chromium alloys are commonly used in the construction of artificial joints due to their resistance to wear and corrosion, making them ideal for load-bearing joints like the hip and knee. These materials also provide a strong foundation for ensuring the longevity and functionality of the joint replacement, which is a key consideration for patients undergoing surgery.
The preference for metal-based prosthetic joints is also driven by the development of advanced alloys that offer enhanced strength-to-weight ratios and better integration with the human body. As the demand for joint replacements continues to grow, the use of metal in artificial joints remains dominant, ensuring its position as the largest material type in this market.
Hospitals Are Largest End-Use Industry Owing to High Surgical Volume and Specialized Care
Hospitals are the largest end-use industry in the artificial joints market, as they are the primary setting for joint replacement surgeries. Hospitals provide the necessary infrastructure, specialized medical staff, and post-surgical care required for patients undergoing joint replacement procedures. The high volume of surgeries performed in hospitals, particularly in orthopedic departments, contributes significantly to the market's growth.
Moreover, hospitals offer advanced surgical facilities and the ability to manage complications, making them the preferred location for joint replacement surgeries. The increasing number of orthopedic procedures performed in hospitals further solidifies their position as the dominant end-use industry for artificial joints.
North America Is Largest Region Owing to Advanced Healthcare System and High Demand
North America is the largest region in the artificial joints market, driven by the advanced healthcare infrastructure, high surgical volumes, and increasing demand for joint replacements. The United States, in particular, has a high prevalence of age-related joint disorders and a well-established healthcare system that supports joint replacement surgeries. The region also benefits from rapid technological advancements in joint prosthetics, ensuring patients have access to the most innovative and effective treatments.
The high number of elderly individuals in North America, coupled with increasing awareness of joint replacement options, contributes to the growing demand for artificial joints. As a result, North America remains the largest market for artificial joints, with hospitals, orthopedic clinics, and rehabilitation centers playing a central role in the treatment of joint-related conditions.
Competitive Landscape and Key Players
The artificial joints market is highly competitive, with key players focusing on innovation, product quality, and surgical outcomes. Leading companies in this market include Zimmer Biomet, Stryker Corporation, Johnson & Johnson (DePuy Synthes), and Smith & Nephew, all of which offer a wide range of artificial joint solutions. These companies focus on developing new materials, improving joint designs, and enhancing the overall performance of their products.
The competitive landscape is characterized by continuous product innovation, with companies working to improve the longevity and functionality of artificial joints. Additionally, as demand for joint replacements increases, companies are focusing on expanding their product portfolios to address the needs of a growing and diverse patient base. With advancements in minimally invasive surgery and personalized joint replacements, the market is expected to continue evolving, with key players maintaining their leadership through technological advancements and strategic partnerships.
Recent Developments:
- Zimmer Biomet Holdings, Inc. announced the launch of its new Persona Revision Knee System, offering improved stability and alignment for knee replacement surgeries.
- DePuy Synthes (Johnson & Johnson) launched an innovative hip implant with advanced materials that reduce wear and extend implant life.
- Medtronic PLC acquired Mazor Robotics to expand its robotic-assisted surgery capabilities, enhancing precision in joint replacement procedures.
- Stryker Corporation received approval for its Triathlon Total Knee System, providing improved mobility and alignment for knee replacement patients.
- Smith & Nephew PLC introduced a modular hip implant with customizable components for better patient outcomes in hip replacement surgeries.
List of Leading Companies:
- Zimmer Biomet Holdings, Inc.
- Stryker Corporation
- DePuy Synthes (Johnson & Johnson)
- Smith & Nephew PLC
- Medtronic PLC
- Conformis, Inc.
- Exactech, Inc.
- NuVasive, Inc.
- Össur hf
- Wright Medical Group N.V. (acquired by Stryker)
- MicroPort Scientific Corporation
- DJO Global, Inc.
- Arthrex, Inc.
- Corin Group
- B. Braun Melsungen AG
Report Scope:
Report Features |
Description |
Market Size (2024-e) |
USD 20.8 Billion |
Forecasted Value (2030) |
USD 38.1 Billion |
CAGR (2025 – 2030) |
10.6% |
Base Year for Estimation |
2024-e |
Historic Year |
2023 |
Forecast Period |
2025 – 2030 |
Report Coverage |
Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments |
Segments Covered |
Global Artificial Joints Market by Type of Joint (Hip Joints, Knee Joints, Shoulder Joints, Elbow Joints, Ankle Joints), by Material Type (Metal, Ceramic, Polyethylene, Biocompatible Alloys), by End-Use Industry (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, Rehabilitation Centers) |
Regional Analysis |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) |
Major Companies |
Zimmer Biomet Holdings, Inc., Stryker Corporation, DePuy Synthes (Johnson & Johnson), Smith & Nephew PLC, Medtronic PLC, Conformis, Inc., NuVasive, Inc., Össur hf, Wright Medical Group N.V. (acquired by Stryker), MicroPort Scientific Corporation, DJO Global, Inc., Arthrex, Inc., B. Braun Melsungen AG |
Customization Scope |
Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements |
1. Introduction |
1.1. Market Definition |
1.2. Scope of the Study |
1.3. Research Assumptions |
1.4. Study Limitations |
2. Research Methodology |
2.1. Research Approach |
2.1.1. Top-Down Method |
2.1.2. Bottom-Up Method |
2.1.3. Factor Impact Analysis |
2.2. Insights & Data Collection Process |
2.2.1. Secondary Research |
2.2.2. Primary Research |
2.3. Data Mining Process |
2.3.1. Data Analysis |
2.3.2. Data Validation and Revalidation |
2.3.3. Data Triangulation |
3. Executive Summary |
3.1. Major Markets & Segments |
3.2. Highest Growing Regions and Respective Countries |
3.3. Impact of Growth Drivers & Inhibitors |
3.4. Regulatory Overview by Country |
4. Artificial Joints Market, by Type of Joint (Market Size & Forecast: USD Million, 2023 – 2030) |
4.1. Hip Joints |
4.2. Knee Joints |
4.3. Shoulder Joints |
4.4. Elbow Joints |
4.5. Ankle Joints |
5. Artificial Joints Market, by Material Type (Market Size & Forecast: USD Million, 2023 – 2030) |
5.1. Metal |
5.2. Ceramic |
5.3. Polyethylene |
5.4. Biocompatible Alloys |
6. Artificial Joints Market, by End-Use Industry (Market Size & Forecast: USD Million, 2023 – 2030) |
6.1. Hospitals |
6.2. Orthopedic Clinics |
6.3. Ambulatory Surgical Centers |
6.4. Rehabilitation Centers |
7. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030) |
7.1. Regional Overview |
7.2. North America |
7.2.1. Regional Trends & Growth Drivers |
7.2.2. Barriers & Challenges |
7.2.3. Opportunities |
7.2.4. Factor Impact Analysis |
7.2.5. Technology Trends |
7.2.6. North America Artificial Joints Market, by Type of Joint |
7.2.7. North America Artificial Joints Market, by Material Type |
7.2.8. North America Artificial Joints Market, by End-Use Industry |
7.2.9. By Country |
7.2.9.1. US |
7.2.9.1.1. US Artificial Joints Market, by Type of Joint |
7.2.9.1.2. US Artificial Joints Market, by Material Type |
7.2.9.1.3. US Artificial Joints Market, by End-Use Industry |
7.2.9.2. Canada |
7.2.9.3. Mexico |
*Similar segmentation will be provided for each region and country |
7.3. Europe |
7.4. Asia-Pacific |
7.5. Latin America |
7.6. Middle East & Africa |
8. Competitive Landscape |
8.1. Overview of the Key Players |
8.2. Competitive Ecosystem |
8.2.1. Level of Fragmentation |
8.2.2. Market Consolidation |
8.2.3. Product Innovation |
8.3. Company Share Analysis |
8.4. Company Benchmarking Matrix |
8.4.1. Strategic Overview |
8.4.2. Product Innovations |
8.5. Start-up Ecosystem |
8.6. Strategic Competitive Insights/ Customer Imperatives |
8.7. ESG Matrix/ Sustainability Matrix |
8.8. Manufacturing Network |
8.8.1. Locations |
8.8.2. Supply Chain and Logistics |
8.8.3. Product Flexibility/Customization |
8.8.4. Digital Transformation and Connectivity |
8.8.5. Environmental and Regulatory Compliance |
8.9. Technology Readiness Level Matrix |
8.10. Technology Maturity Curve |
8.11. Buying Criteria |
9. Company Profiles |
9.1. Zimmer Biomet Holdings, Inc. |
9.1.1. Company Overview |
9.1.2. Company Financials |
9.1.3. Product/Service Portfolio |
9.1.4. Recent Developments |
9.1.5. IMR Analysis |
*Similar information will be provided for other companies |
9.2. Stryker Corporation |
9.3. DePuy Synthes (Johnson & Johnson) |
9.4. Smith & Nephew PLC |
9.5. Medtronic PLC |
9.6. Conformis, Inc. |
9.7. Exactech, Inc. |
9.8. NuVasive, Inc. |
9.9. Össur hf |
9.10. Wright Medical Group N.V. (acquired by Stryker) |
9.11. MicroPort Scientific Corporation |
9.12. DJO Global, Inc. |
9.13. Arthrex, Inc. |
9.14. Corin Group |
9.15. B. Braun Melsungen AG |
10. Appendix |
A comprehensive market research approach was employed to gather and analyze data on the Artificial Joints Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Artificial Joints Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.
Secondary Research
Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.
Primary Research
Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:
- Validating findings and assumptions derived from secondary research
- Gathering qualitative and quantitative data on market trends, drivers, and challenges
- Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
- Assessing the supply-side landscape, including technological advancements and recent developments
Market Size Assessment
A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Artificial Joints Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:
- Identification of key industry players and relevant revenues through extensive secondary research
- Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
- Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources
Data Triangulation
To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.
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