The Total Hip and Knee Replacements Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Total Hip and Knee Replacements Market?
The market for total hip and knee replacements has seen robust growth in recent years. The market size will increase from $21.68 billion in 2024 to $22.97 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Total Hip and Knee Replacements Industry?
The Total Hip and Knee Replacements Global Market is projected to reach a size of $28.26 billion in 2029 with a compound annual growth rate (CAGR) of 5.3%.
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What are the Key Growth Drivers Fueling the Total Hip and Knee Replacements Market?
The key drivers in the total hip and knee replacements market are:
• Regenerative medicine advancements leading to more effective treatments
• Development and use of biocompatible implant materials
• Value-based healthcare initiatives and personalized medicine approaches
• Increased demand for joint preservation strategies
Global Market Segmentation: Identifying Major Total Hip and Knee Replacements Industry Segments
The total hip and knee replacements market covered in this report is segmented –
1) By Procedure Type: Total Hip Replacement, Partial Hip Replacement, Revision Hip Replacement, Total Knee Replacement, Partial Knee Replacement, Revision Knee Replacement
2) By Implant Type: Mobile Bearing, Fixed Bearing, Other Implant Types
3) By End-User: Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics, Other End-Users
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What are the Emerging Trends Shaping the Future of the Total Hip and Knee Replacements Market?
The key trends in the total hip and knee replacements market are:
• Advances in regenerative medicine and biocompatible implant materials are trending in the market.
• The adoption of personalized medicine approaches and joint preservation strategies is on the rise.
• There is an emerging trend of technological advancements in implants, minimally invasive techniques, and robot-assisted surgery.
• Value-based care and bundled payment models, along with telehealth and remote patient monitoring, are shaping the future of the market.
Who Are the Top Competitors & Leading Players in the Total Hip and Knee Replacements Market?
Major companies in the total hip and knee replacements market are:
• Johnson & Johnson
• Stryker Corporation
• B. Braun SE
• DePuy Synthes Companies
• Zimmer Biomet Holdings Inc.
• Smith & Nephew PLC
• Shenzhen Mindray Bio-Medical Electronics Co Ltd.
• Medtronic PLC
• NuVasive Inc.
• Globus Medical Inc.
• Wright Medical Group N.V.
• MicroPort Scientific Corp
• Exactech Inc.
• Beijing Chunlizhengda Medical Instruments
• AK Medical Holdings Ltd.
• Mathys AG Bettlach
• Corin Group
• Waldemar Link GmbH Co.
• DJO Global Inc.
• Groupe Lépine
• FH Orthopedics S.A.S
• Conformis Inc.
• Peter Brehm GmbH
• Adler Ortho S.R.L
• implantcast GmbH
Regional Dominance: Which Area Leads the Global Total Hip and Knee Replacements Market?
North America was the largest region in the total hip and knee replacements market in 2024
