Healthcare Services

Hip Replacement Market Revenue Expected to Reach $10.41 Billion by 2030 with 6.3% CAGR

April 1, 2026 by Marketing Posting

The Business Research Company’s 2026 market reports include new capabilities such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, aimed at improving the depth, usability, and strategic value of the insights delivered.

How Much Is The Hip Replacement Market Expected To Grow In Terms Of Market Value Between 2026 And 2030?

The hip replacement market has experienced robust expansion in recent years. This market is projected to expand from $7.71 billion in 2025 to $8.16 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 5.9%. Historically, the growth can be attributed to factors such as the increasing prevalence of osteoarthritis, an aging global population, improved access to orthopedic surgery, an expansion of hospital surgical capacity, and advancements in implant design.

The hip replacement market size is projected to experience substantial expansion over the upcoming years. It is anticipated to reach $10.42 billion in 2030, exhibiting a compound annual growth rate (CAGR) of 6.3%. This expansion during the forecast period is primarily driven by the increasing adoption of robotic-assisted surgeries, a rising demand for personalized orthopedic implants, the expansion of outpatient joint replacement procedures, a growing focus on faster patient recovery, and increasing investments in orthopedic innovation. Furthermore, significant trends expected during this period include the increasing adoption of minimally invasive hip replacement procedures, a rising use of advanced implant materials, a growing demand for revision surgeries, the expansion of robotic-assisted orthopedic surgery, and an enhanced focus on post-surgical outcomes.

Download the Free Sample Report to Explore Key Market Insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=10160&type=smp

What Drivers Are Influencing The Hip Replacement Market?

Rising occurrences of hip injuries are anticipated to boost the expansion of the hip replacement market in the future. These injuries occur when a muscle supporting the hip joint becomes overextended or impaired. Individuals suffering from arthritis, avascular necrosis, or other forms of hip joint degradation often experience hip pain and rigidity, which can be managed with a hip replacement. As an illustration, in August 2024, data from the National Library of Medicine, a US-based government agency, indicated that annual incidences are forecast to be between 3 and 11 million by 2030 and could climb to 5 to 21 million by 2050, based on diverse estimation assumptions. Consequently, the growing number of hip injury incidents is fueling the expansion of the hip replacement market moving ahead.

What Major Segment Divisions Exist Within The Hip Replacement Market?

The hip replacement market covered in this report is segmented –

1) By Procedure: Total Hip Replacement, Partial Hip Replacement, Revision Hip Replacement, Hip Resurfacing

2) By Material: Metal-On-Metal, Metal-On-Polyethylene, Ceramic-On-Polyethylene, Ceramic-On-Metal, Ceramic-On-Ceramic

3) By End-User: Hospitals, Specialty Clinics, Ambulatory Surgery Centers

Subsegments:

1) By Total Hip Replacement: Cemented Total Hip Replacement, Cementless Total Hip Replacement

2) By Partial Hip Replacement: Hemiarthroplasty, Bipolar Hip Replacement

3) By Revision Hip Replacement: Acetabular Component Revision, Femoral Component Revision

4) By Hip Resurfacing: Metal-on-Metal Hip Resurfacing, Ceramic-on-Ceramic Hip Resurfacing

How Are Trends Shaping The Direction Of The Hip Replacement Market?

Leading firms within the hip replacement sector are prioritizing advanced offerings like dual mobility systems to boost their market earnings. This system represents an artificial hip joint engineered to minimize the likelihood of dislocation. Its primary application is for individuals at elevated risk of dislocation, including those with a history of hip dislocation, a compromised hip capsule, or undergoing a secondary hip replacement procedure. As an example, in August 2023, Smith & Nephew plc, a medical equipment manufacturer based in the UK, introduced its OR3O dual mobility system. This system incorporates features that simplify the dual mobility approach, such as straightforward acetabular cup selection and effortless liner insertion and removal. Comprising a highly cross-linked polyethylene insert and an oxidized, diffusion-hardened zirconium acetabular liner (OR3O liner), the OR3O dual mobility system is notable. It stands as the inaugural system to employ the cutting-edge OXINIUM DH advanced bearing technology, which is setting new standards for the subsequent generation of total hip bearing technology and offering enhanced stability.

Which Companies Are Leading Innovation In The Hip Replacement Market?

Major companies operating in the hip replacement market are Johnson & Johnson, Stryker Corporation, Smith & Nephew PLC, B. Braun Melsungen AG, ConforMIS Inc., Exactech Inc., MicroPort Scientific Corporation, Zimmer Biomet Holdings Inc., Corin Group PLC, Gruppo Bioimpianti S.R.L., Integra LifeSciences, Medacta International, Merete GmbH, MicroPort Orthopedics Inc., DJO Global Inc., Waldemar Link GmbH & Co. KG, Peter Brehm GmbH, Synimed Synergie Ingénierie Médicale S.A.R.L., Elite Surgical Industries, Corentec Co. Ltd., FH Ortho S.A.S

Read the full hip replacement market report here:

https://www.thebusinessresearchcompany.com/report/hip-replacement-global-market-report

Which Regions Are Expected To Experience Rapid Expansion In The Hip Replacement Market?

North America was the largest region in the hip replacement market in 2025.Asia-Pacific is expected to be the fastest-growing region in the global hip replacement market report during the forecast period. The regions covered in the hip replacement market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Request A Tailored Hip Replacement Market Research Report For Competitive Advantage:

https://www.thebusinessresearchcompany.com/customise?id=10160&type=smp

Browse Through More Reports Similar to the Global Hip Replacement Market 2026, By The Business Research Company

Hip Replacement Implants Global Market Report

https://www.thebusinessresearchcompany.com/report/hip-replacement-implants-global-market-report

Total Hip And Knee Replacements Global Market Report

https://www.thebusinessresearchcompany.com/report/total-hip-and-knee-replacements-global-market-report

Bone Grafts And Substitutes Global Market Report

https://www.thebusinessresearchcompany.com/report/bone-grafts-and-substitutes-global-market-report

Get in touch with us:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 310-496-7795