Global Hip and Knee Replacement Market Growth 2025-2031

Global Hip and Knee Replacement Market Growth 2025-2031

The global Hip and Knee Replacement market size is predicted to grow from US$ 20660 million in 2025 to US$ 26370 million in 2031; it is expected to grow at a CAGR of 4.1% from 2025 to 2031.

Hip and knee replacement surgeries are highly effective and becoming more common in use worldwide. Orthopedic reconstructive implants are used to replace joints that have deteriorated. Deterioration may come as a result of aging, disease, osteoarthritis, or injury.

Global Hip and Knee Replacement key players include Zimmer Biomet, Johnson & Johnson, Stryker Corporation, etc. Global top three manufacturers hold a share about 65%.

North America is the largest market, with a share about 50%, followed by Europe and China, both have a share over 40 percent.

In terms of product, Total Hip Systems is the largest segment, with a share about 25%. And in terms of application, the largest application is Knee Replacement, followed by Hip Replacement.

LP Information, Inc. (LPI) ' newest research report, the “Hip and Knee Replacement Industry Forecast” looks at past sales and reviews total world Hip and Knee Replacement sales in 2024, providing a comprehensive analysis by region and market sector of projected Hip and Knee Replacement sales for 2025 through 2031. With Hip and Knee Replacement sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hip and Knee Replacement industry.

This Insight Report provides a comprehensive analysis of the global Hip and Knee Replacement landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hip and Knee Replacement portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hip and Knee Replacement market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hip and Knee Replacement and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hip and Knee Replacement.

This report presents a comprehensive overview, market shares, and growth opportunities of Hip and Knee Replacement market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Total Hip Systems
Partial Hip Systems
Revision Hip Systems
Total Knee Systems
Partial Knee Systems
Revision Knee Systems

Segmentation by Application:
Hip Replacement
Knee Replacement

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Zimmer Biomet
Johnson & Johnson
Stryker Corporation
Smith & Nephew
B. Braun
Wright Medical Group
Corin Group
Exactech
DJO Global
Waldemar Link
Mindray

Key Questions Addressed in this Report

What is the 10-year outlook for the global Hip and Knee Replacement market?

What factors are driving Hip and Knee Replacement market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Hip and Knee Replacement market opportunities vary by end market size?

How does Hip and Knee Replacement break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.