2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Primary Drivers Are Supporting the Continued Market Growth of theOrthopedic Devices Market?

The anticipated increase in arthritis cases is predicted to boost the expansion of the orthopedic device market. Arthritis is essentially a term used to describe a condition affecting the joints that causes discomfort or disease, involving the inflammation or swelling of one or more joints. The use of orthopedic devices can be beneficial for people suffering from arthritis, since it can help to reduce pain, improve movement, and enhance overall functionality. In light of an instance, as revealed by the National Center for Health Statistics, a US-based government entity, in February 2024, the age-adjusted incidence of diagnosed arthritis in adults was 18.9% in 2022, with females (21.5%) being more likely to be affected than males (16.1%). The incidence increased drastically with age, from 3.6% in adults aged 18–34 to 53.9% in individuals aged 75 and older. Hence, this increase in prevalence is expected to fuel the expansion of the orthopedic device market.

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#What is the Growth Potential of the Orthopedic Devices Market, and How Will It Perform by 2034?

Recent years have witnessed a surge in the size of the orthopedic devices market. The market, valued at $51.45 billion in 2024, is projected to expand to $55.08 billion in 2025, marking a compound annual growth rate (CAGR) of 7.1%. The significant growth during the historic period has been driven by several factors, including the aging population, increasing incidence of osteoarthritis, a surge in orthopedic procedures, stringent regulatory approvals and standards, an emphasis on patient outcomes and quality of life, as well as heightened public awareness about joint health.

A significant acceleration in growth is projected for the orthopedic devices market in the forthcoming years. The market is set to reach a valuation of $67.05 billion by the year 2029, showcasing a compound annual growth rate (CAGR) of 5.0%. The surge over the forecast period can be related to an increasing interest in value-based healthcare models, a focus on sustainability, regenerative procedures for joint preservation, and improved implant coatings and materials. Key trends to look out for over the forecast period include intelligent orthopedic devices, the use of robotics in orthopedic surgery, personalized orthopedic bracing, the application of nanotechnology in orthopedics and the implementation of telemedicine in orthopedic care.

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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theOrthopedic Devices Market?

The growth of the orthopedic devices market has been constrained by the emergence of new drugs and therapies that provide options for patients to circumvent surgical procedures. The progression of tissue engineering, stem-cell therapy, and other alternative treatments like platelet-rich plasma (PRP) injections, enable patients to bypass surgery for medical conditions including arthritis, tendonitis, and more. This has unfavorably influenced the demand for orthopedic devices, as a growing number of individuals choose these alternative treatment approaches to evade the risks and complications linked with orthopedic procedures.

Who Are the Key Market Players Influencing the Growth of the Corn and Orthopedic Devices Industry?

Major companies operating in the orthopedic devices market include Aesculap Implant Systems LLC, Johnson & Johnson, Medtronic Inc., Stryker Corporation, B. Braun Group, Zimmer Biomet Holdings, Smith & Nephew plc, Arthrex, Allegra Orthopaedics, Enovis, Integra LifeSciences Corporation, NuVasive Inc., DJO Global, CONMED Corporation, Globus Medical Inc., MicroPort Scientific Corporation, Össur, Orthofix Medical Inc., DeRoyal Industries, Alphatec Holdings Inc., LimaCorporate S.p.A., Exactech Inc., Acumed LLC, Corin Group PLC, Waldemar Link GmbH & Co. KG, ConforMIS Inc., FH Orthopedics, Nippon Sigmax Co. Ltd., Implantcast GmbH, Mathys AG Bettlach, Medacta International SA, OrthAlign Inc., OrthoPediatrics Corp., OrthoSensor Inc., Paradigm Spine LLC, SpineGuard SA

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Which Key Market Segments Comprise the Orthopedic Devices Market and Drive Its Revenue Growth?

The orthopedic devices market covered in this report is segmented –

1) By Product: Instruments/Equipment, Disposables

2) By Type: Joint Reconstruction Devices And Equipment, Spinal Surgery Devices And Equipment, Trauma Fixation Devices And Equipment, Orthobiologics Devices And Equipment, Arthroscopy Devices And Equipment, Orthopedic Braces And Support Devices And Equipment, Craniomaxillofacial (CMF) Devices And Equipment, Orthopedic Prosthetics

3) By Type of Expenditure: Public, Private

4) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users

Subsegments:

1) By Instruments/Equipment: Surgical Instruments, Imaging Equipment, Rehabilitation Equipment, Bone Plates and Screws, Joint Replacement Devices, Orthopedic Fixation Devices

2) By Disposables: Surgical Drapes and Covers, Sterile Gloves, Sutures and Staples, Gauze and Dressings, Orthopedic Casting Supplies, Biologics

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Which Regions Are Emerging as Leaders in the Orthopedic Devices Market?

North America was the largest region in the global orthopedic devices market in 2024. Western Europe was the second largest region in the global orthopedic devices market. The regions covered in the orthopedic devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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