Hip Replacement Implants Market Report 2025

The hip replacement implants market size has grown strongly in recent years. It will grow from $7.94 billion in 2024 to $8.49 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to aging population and osteoarthritis prevalence, rise in hip fractures and trauma cases, patient preference for enhanced mobility, global increase in obesity rates, rise in sports injuries impacting hips.

The hip replacement implants market size is expected to see strong growth in the next few years. It will grow to $11.8 billion in 2029 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to growing demand for outpatient hip replacements, innovations in implant materials, global efforts in arthritis awareness, regulatory support for innovation, environmental sustainability in healthcare. Major trends in the forecast period include technological advancements, patient-specific implants, robot-assisted surgery, outcomes data and value-based care, customized implant options, telemedicine and remote consultations.

The rising prevalence of arthritis is anticipated to drive the growth of the hip replacement implant market in the future. Arthritis, characterized by swelling and tenderness in one or more joints, leads to significant pain in bones and joints, with osteoarthritis and rheumatoid arthritis being common forms. Hip replacement implants are frequently used in hip arthroplasty surgeries to treat arthritis-related hip pain and restore joint function, where surgeons replace damaged or dysfunctional parts of the hip joint with artificial implants. For example, in February 2024, the Centers for Disease Control and Prevention (CDC), a U.S.-based national public health agency, reported that 18.9% of adults had arthritis in 2022, with higher rates in women (21.5%) compared to men (16.1%). The prevalence of arthritis also rose with age, from 3.6% in adults aged 18-34 to 53.9% in those 75 and older. Thus, the increasing prevalence of arthritis is contributing to the growth of the hip replacement implant market.

The growth of the hip replacement implant market is also expected to be fueled by the increase in the number of sports injuries. Sports injuries, resulting from athletic activities, affect various body parts, including muscles, bones, tendons, ligaments, and joints. The rising global engagement in sports elevates the risk of sports-related hip injuries, leading to a focus on injury prevention and management. Hip replacement surgery becomes a consideration for severe cases to restore functionality. The National Safety Council reported a 20% increase in reported sports and recreational injuries in the US in 2021 and a subsequent 12% increase in 2022, with 3.6 million individuals receiving medical treatment for such injuries. Consequently, the growth of sports injuries contributes to the expansion of the hip replacement implant market.

Technological advancements are a growing trend in the hip replacement implant market. Leading companies in the sector are investing in research and development to introduce innovative technologies and maintain their market presence. For example, in June 2022, InssTek Inc., a South Korean company specializing in metal 3D printing in the additive manufacturing field, launched its Metal Porous Coating (MPC) technology to fabricate and coat artificial hip joint and cup components, improving the speed and precision of surgeries, particularly for titanium materials. MPC is a direct energy deposition (DED) technique that allows 3D printing of porous structures onto artificial joints using medical-grade titanium powder, forming a single alloy that optimizes roughness and pore structure. This process facilitates faster, more accurate procedures with high biocompatibility, especially for titanium-based components. InssTek successfully applied MPC to coat a BENCOX Mirabo Z Cup Cortinium artificial hip joint cup, manufactured by Korean artificial limb developer Corentec, which has also been approved by the FDA.

Leading companies in the hip replacement implant market are also developing innovative products like the Dual Mobility System to strengthen their market position and boost revenue. The Dual Mobility System is a hip arthroplasty implant featuring the advanced OXINIUM DH bearing surface, designed to increase stability, lower the risk of dislocation, and improve range of motion while addressing concerns about wear and corrosion typically associated with conventional hip implants. For instance, in August 2023, Smith & Nephew PLC, a UK-based medical equipment manufacturer, launched the OR3O Dual Mobility System for both primary and revision hip arthroplasty in India. This system includes the cutting-edge OXINIUM DH bearing surface, enhancing stability and reducing dislocation risk while offering improved range of motion compared to traditional implants. Unlike standard hip implants, the OR3O eliminates the need for a modular CoCr liner or CoCr head ball, reducing wear and corrosion risks. The OXINIUM DH surface utilizes a patented diffusion hardening process, enhancing durability through deeper hardening.

In January 2022, Exactech, Inc., a US-based developer of implants and smart technologies for joint replacement surgery, acquired JointMedica Limited, a UK-based orthopedic device and implant manufacturing company. This acquisition positions Exactech Inc. to introduce the next generation of hip resurfacing to the global market.

Major companies operating in the hip replacement implants market include Zimmer Biomet Holdings Inc., DePuy Synthes, Stryker Corporation, Smith & Nephew PLC, B Braun SE, Corin Group PLC., Waldemar Link GmbH & Co KG, Wright Medical Group NV, Arthrex Inc., Corentec Co Ltd., MicroPort Scientific Corporation, Exactech Inc., DJO Global Inc., OMNI life science Inc., Integra LifeSciences Holdings Corporation, Medacta International SA, PETER BREHM GmbH, Gruppo Bioimpianti srl., Globus Medical Inc., Enovis Medical, Kyocera Corporation, Merete GmbH, Ortho Development Corporation, Shanghai MicroPort Orthopedics Inc., FH Orthopedics Inc., LimaCorporate SPA, Mathys AG Bettlach, ConforMIS Inc., AK Medical Holdings Limited, Beijing Chunlizhengda Medical Instruments Co. Ltd.

North America was the largest region in the hip replacement implants market in 2024. Asia-Pacific is expected to be the fastest-growing region in the hip replacement implants market duirng the forecast period. The regions covered in the hip replacement implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hip replacement implants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Hip replacement implants are medical devices designed to replicate the movements and anatomy of the hip, aiming to restore mobility and alleviate pain typically associated with hip disorders or injuries such as arthritis.

The primary types of hip replacement implants include femoral reconstruction, acetabular reconstruction, hip resurfacing, revision hip implants, bearing and porous metal, and total replacement implants. Femoral reconstruction is a type of arthroplasty utilized as an alternative to lower limb amputation. Hip replacement implants consist of various components, including acetabular cup systems, hip stem systems, revision accessories, and components. The materials employed in these implants include metal-on-metal, metal-on-polyethylene, ceramic-on-metal, ceramic-on-polyethylene, and ceramic-on-ceramic. These implants are utilized by various end-users, such as orthopedic clinics, hospitals, and surgical centers.

The hip replacement implants market research report is one of a series of new reports that provides hip replacement implants market statistics, including hip replacement implants industry global market size, regional shares, competitors with a hip replacement implants market share, detailed hip replacement implants market segments, market trends and opportunities, and any further data you may need to thrive in the hip replacement implants industry. This hip replacement implants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The hip replacement implants market consists of sales of fixed-bearing hip implants, hybrid total hip implants, mobile-bearing total hip implants, total hip implant cemented fixation, total hip implant cement less fixation, acetabular component (socket), acetabular liner, the femoral head (ball), and femoral stem. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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