The joint reconstruction devices and equipment market size has grown strongly in recent years. It will grow from $26.54 billion in 2024 to $28.61 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to advancement in technologies, strong economic growth in emerging markets and rise in healthcare expenditure.
The joint reconstruction devices and equipment market size is expected to see steady growth in the next few years. It will grow to $34.23 billion in 2029 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to an increase in joint reconstruction disorders, rapid growth in the geriatric population and increase in joint replacement surgical procedures are expected. Major trends in the forecast period include developing IoT enabled solutions for joint reconstruction surgery, using artificial intelligence to reduce costs and time, investing in developing in robotics products for joint reconstruction surgery, focusing on merger and acquisition activities for business expansion, and investing in 3D printing technology.
The market is being driven by the substantial number of patients affected by joint reconstruction diseases. Many patients are opting for joint replacement treatments due to their increased safety and reliability compared to other available treatments for joint diseases. The prevalence of joint reconstruction diseases, including osteoarthritis, knee and hip injuries, road accidents, cartilage, and labral injuries, is contributing to the growing patient pool. Osteoarthritis, a common joint disorder, particularly affecting the geriatric population globally, can be effectively treated through joint replacement surgeries utilizing orthopedic knee and hip implants. The Arthritis Foundation predicts that approximately 67 million people will suffer from arthritis by 2030, underscoring the increasing demand for joint reconstruction devices and equipment.
The increasing prevalence of orthopedic conditions is anticipated to drive the growth of the breakfast cereal market in the future. Orthopedic conditions, also referred to as musculoskeletal conditions, encompass a variety of medical issues affecting the musculoskeletal system. The rise in these conditions significantly contributes to the demand for joint reconstruction devices and equipment designed to alleviate pain, enhance mobility, and restore function to damaged joints. For example, in January 2022, Taylor and Francis Group, a UK-based academic publishing company, reported that osteoporosis results in over 8.9 million fractures each year, leading to an osteoporotic fracture approximately every three seconds. Consequently, the growing prevalence of orthopedic conditions is fueling the expansion of the joint reconstruction devices and equipment market.
Major companies in the joint reconstruction devices sector are increasingly investing in 3D printing technology, which offers significant advancements over traditional joint reconstruction surgery. This technique enables the reconstruction of bones as a preoperative plan, allowing patients to undergo preoperative MRI or CT scans. This innovation enhances safety and can positively impact treatment adherence. For example, Exactech, a US-based developer of innovative implants and instrumentation, launched a novel total hip arthroplasty system in August 2022. The comprehensive system integrates various innovative design features to assist surgeons in achieving optimal outcomes for their patients.
Joint reconstruction devices and equipment fall under Class III devices in the orthopedic devices market, regulated by bodies such as the US Food and Drug Administration (FDA). Medical device manufacturers must adhere to regulatory requirements, including facility registration and device listing under the Federal Food, Drug, and Cosmetic Act (FFDCA). Manufacturers can obtain premarket approval through clinical studies and a premarket approval (PMA) application or by submitting a 510(k)-notification demonstrating substantial equivalence to a predicate device already on the market.
In February 2022, DePuy Synthes, a US-based medical device company, acquired CrossRoads for an undisclosed sum. Through this acquisition, DePuy Synthes seeks to broaden its range of medical devices, drive innovation in orthopedic solutions, and solidify its position in the healthcare market. CrossRoads is a US-based technology company specializing in manufacturing physical products.
Major companies operating in the joint reconstruction devices and equipment market include Stryker Corporation, Zimmer Biomet, Johnson & Johnson, Smith & Nephew, Globus Medical, DJO Global Inc., Aesculap Implant Systems LLC, Medtronic, CONMED Corporation, Össur, Allegra Orthopedics, DePuy Synthes, Tornier Inc., Corin Group Plc., Covidien plc, PolyNovo Limited, Exactech Inc., United Orthopedic Corporation, Victrex, Evonik, Royal DSM, Lepu Medical Technology Company (Beijing) Co. Ltd, Yuwell - Jiangsu Yuyue Medical Equipment & Supply Co. Ltd, Shanghai Runda Medical Technology Co. Ltd., GE Healthcare China Co. Ltd., Smiths Medical (Beijing) Co. Ltd., Nuvasive Inc., AAP Implantate AG, Waldemar Link GmbH & Co. KG, Amplitude SAS, Beznoska Company Ltd, Sanatmetal Ltd, Medin a.s., Collagen Matrix Inc., XpandOrtho, Integra Lifesciences, NEOORTHO, Manoel Amaral Baumer, Biomecânica, ORTOBIO, Ortosintese, IMPOL Próteses Ortopédicas, Wright Medical, B. Braun, Meril Life, Zimmer (Shaarani Group), Corin South Africa (Pty) Ltd, Medtronic Africa, EgiFix Medical.
North America was the largest region in the global joint reconstruction devices and equipment market in 2024. Asia-Pacific was the second largest market in joint reconstruction devices and equipment market. The regions covered in the joint reconstruction devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the joint reconstruction devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
Joint reconstruction devices are implantable medical devices designed to replace and restore the function of a joint, particularly in the shoulder, hip, or knee joints. These devices play a crucial role in resurfacing bones to restore joint functionality.
The primary product types of joint reconstruction devices and equipment include knee reconstruction devices, hip reconstruction devices, and extremity reconstruction devices. Hip reconstruction devices are specifically designed to restore mobility and alleviate pain associated with conditions such as arthritis and other hip-related diseases or injuries. Various applications of joint reconstruction devices include arthrodesis, arthroscopy, joint replacement surgery, osteotomy, resurfacing surgery, and small joint surgery. End-users of these devices typically include hospitals, orthopedic clinics, and ambulatory surgical centers.
The joint reconstruction devices and equipment market research report is one of a series of new reports that provides joint reconstruction devices and equipment market statistics, including joint reconstruction devices and equipment industry global market size, regional shares, competitors with a joint reconstruction devices and equipment market share, detailed joint reconstruction devices and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the joint reconstruction devices and equipment industry. This joint reconstruction devices and equipment 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 joint reconstruction devices and equipment market consist of sales of knee reconstruction devices, hip reconstruction devices, and extremity reconstruction devices. 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.
This product will be delivered within 3-5 business days.
The joint reconstruction devices and equipment market size is expected to see steady growth in the next few years. It will grow to $34.23 billion in 2029 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to an increase in joint reconstruction disorders, rapid growth in the geriatric population and increase in joint replacement surgical procedures are expected. Major trends in the forecast period include developing IoT enabled solutions for joint reconstruction surgery, using artificial intelligence to reduce costs and time, investing in developing in robotics products for joint reconstruction surgery, focusing on merger and acquisition activities for business expansion, and investing in 3D printing technology.
The market is being driven by the substantial number of patients affected by joint reconstruction diseases. Many patients are opting for joint replacement treatments due to their increased safety and reliability compared to other available treatments for joint diseases. The prevalence of joint reconstruction diseases, including osteoarthritis, knee and hip injuries, road accidents, cartilage, and labral injuries, is contributing to the growing patient pool. Osteoarthritis, a common joint disorder, particularly affecting the geriatric population globally, can be effectively treated through joint replacement surgeries utilizing orthopedic knee and hip implants. The Arthritis Foundation predicts that approximately 67 million people will suffer from arthritis by 2030, underscoring the increasing demand for joint reconstruction devices and equipment.
The increasing prevalence of orthopedic conditions is anticipated to drive the growth of the breakfast cereal market in the future. Orthopedic conditions, also referred to as musculoskeletal conditions, encompass a variety of medical issues affecting the musculoskeletal system. The rise in these conditions significantly contributes to the demand for joint reconstruction devices and equipment designed to alleviate pain, enhance mobility, and restore function to damaged joints. For example, in January 2022, Taylor and Francis Group, a UK-based academic publishing company, reported that osteoporosis results in over 8.9 million fractures each year, leading to an osteoporotic fracture approximately every three seconds. Consequently, the growing prevalence of orthopedic conditions is fueling the expansion of the joint reconstruction devices and equipment market.
Major companies in the joint reconstruction devices sector are increasingly investing in 3D printing technology, which offers significant advancements over traditional joint reconstruction surgery. This technique enables the reconstruction of bones as a preoperative plan, allowing patients to undergo preoperative MRI or CT scans. This innovation enhances safety and can positively impact treatment adherence. For example, Exactech, a US-based developer of innovative implants and instrumentation, launched a novel total hip arthroplasty system in August 2022. The comprehensive system integrates various innovative design features to assist surgeons in achieving optimal outcomes for their patients.
Joint reconstruction devices and equipment fall under Class III devices in the orthopedic devices market, regulated by bodies such as the US Food and Drug Administration (FDA). Medical device manufacturers must adhere to regulatory requirements, including facility registration and device listing under the Federal Food, Drug, and Cosmetic Act (FFDCA). Manufacturers can obtain premarket approval through clinical studies and a premarket approval (PMA) application or by submitting a 510(k)-notification demonstrating substantial equivalence to a predicate device already on the market.
In February 2022, DePuy Synthes, a US-based medical device company, acquired CrossRoads for an undisclosed sum. Through this acquisition, DePuy Synthes seeks to broaden its range of medical devices, drive innovation in orthopedic solutions, and solidify its position in the healthcare market. CrossRoads is a US-based technology company specializing in manufacturing physical products.
Major companies operating in the joint reconstruction devices and equipment market include Stryker Corporation, Zimmer Biomet, Johnson & Johnson, Smith & Nephew, Globus Medical, DJO Global Inc., Aesculap Implant Systems LLC, Medtronic, CONMED Corporation, Össur, Allegra Orthopedics, DePuy Synthes, Tornier Inc., Corin Group Plc., Covidien plc, PolyNovo Limited, Exactech Inc., United Orthopedic Corporation, Victrex, Evonik, Royal DSM, Lepu Medical Technology Company (Beijing) Co. Ltd, Yuwell - Jiangsu Yuyue Medical Equipment & Supply Co. Ltd, Shanghai Runda Medical Technology Co. Ltd., GE Healthcare China Co. Ltd., Smiths Medical (Beijing) Co. Ltd., Nuvasive Inc., AAP Implantate AG, Waldemar Link GmbH & Co. KG, Amplitude SAS, Beznoska Company Ltd, Sanatmetal Ltd, Medin a.s., Collagen Matrix Inc., XpandOrtho, Integra Lifesciences, NEOORTHO, Manoel Amaral Baumer, Biomecânica, ORTOBIO, Ortosintese, IMPOL Próteses Ortopédicas, Wright Medical, B. Braun, Meril Life, Zimmer (Shaarani Group), Corin South Africa (Pty) Ltd, Medtronic Africa, EgiFix Medical.
North America was the largest region in the global joint reconstruction devices and equipment market in 2024. Asia-Pacific was the second largest market in joint reconstruction devices and equipment market. The regions covered in the joint reconstruction devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the joint reconstruction devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
Joint reconstruction devices are implantable medical devices designed to replace and restore the function of a joint, particularly in the shoulder, hip, or knee joints. These devices play a crucial role in resurfacing bones to restore joint functionality.
The primary product types of joint reconstruction devices and equipment include knee reconstruction devices, hip reconstruction devices, and extremity reconstruction devices. Hip reconstruction devices are specifically designed to restore mobility and alleviate pain associated with conditions such as arthritis and other hip-related diseases or injuries. Various applications of joint reconstruction devices include arthrodesis, arthroscopy, joint replacement surgery, osteotomy, resurfacing surgery, and small joint surgery. End-users of these devices typically include hospitals, orthopedic clinics, and ambulatory surgical centers.
The joint reconstruction devices and equipment market research report is one of a series of new reports that provides joint reconstruction devices and equipment market statistics, including joint reconstruction devices and equipment industry global market size, regional shares, competitors with a joint reconstruction devices and equipment market share, detailed joint reconstruction devices and equipment market segments, market trends and opportunities, and any further data you may need to thrive in the joint reconstruction devices and equipment industry. This joint reconstruction devices and equipment 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 joint reconstruction devices and equipment market consist of sales of knee reconstruction devices, hip reconstruction devices, and extremity reconstruction devices. 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Joint Reconstruction Devices and Equipment Market Characteristics3. Joint Reconstruction Devices and Equipment Market Trends and Strategies4. Joint Reconstruction Devices and Equipment Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Joint Reconstruction Devices and Equipment Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Joint Reconstruction Devices and Equipment Market34. Recent Developments in the Joint Reconstruction Devices and Equipment Market
5. Global Joint Reconstruction Devices and Equipment Growth Analysis and Strategic Analysis Framework
6. Joint Reconstruction Devices and Equipment Market Segmentation
7. Joint Reconstruction Devices and Equipment Market Regional and Country Analysis
8. Asia-Pacific Joint Reconstruction Devices and Equipment Market
9. China Joint Reconstruction Devices and Equipment Market
10. India Joint Reconstruction Devices and Equipment Market
11. Japan Joint Reconstruction Devices and Equipment Market
12. Australia Joint Reconstruction Devices and Equipment Market
13. Indonesia Joint Reconstruction Devices and Equipment Market
14. South Korea Joint Reconstruction Devices and Equipment Market
15. Western Europe Joint Reconstruction Devices and Equipment Market
16. UK Joint Reconstruction Devices and Equipment Market
17. Germany Joint Reconstruction Devices and Equipment Market
18. France Joint Reconstruction Devices and Equipment Market
19. Italy Joint Reconstruction Devices and Equipment Market
20. Spain Joint Reconstruction Devices and Equipment Market
21. Eastern Europe Joint Reconstruction Devices and Equipment Market
22. Russia Joint Reconstruction Devices and Equipment Market
23. North America Joint Reconstruction Devices and Equipment Market
24. USA Joint Reconstruction Devices and Equipment Market
25. Canada Joint Reconstruction Devices and Equipment Market
26. South America Joint Reconstruction Devices and Equipment Market
27. Brazil Joint Reconstruction Devices and Equipment Market
28. Middle East Joint Reconstruction Devices and Equipment Market
29. Africa Joint Reconstruction Devices and Equipment Market
30. Joint Reconstruction Devices and Equipment Market Competitive Landscape and Company Profiles
31. Joint Reconstruction Devices and Equipment Market Other Major and Innovative Companies
35. Joint Reconstruction Devices and Equipment Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Joint Reconstruction Devices and Equipment Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on joint reconstruction devices and equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for joint reconstruction devices and equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The joint reconstruction devices and equipment market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Knee Reconstruction Devices, Hip Reconstruction Devices, Extremity Reconstruction Devices2) By Application: Arthrodesis, Arthroscopy, Joint Replacement Surgery, Osteotomy, Resurfacing Surgery, Small Joint Surgery
3) By End User: Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers
Subsegments:
1) By Knee Reconstruction Devices: Total Knee Replacement (TKR) Implants; Partial Knee Replacement Implants; Knee Revision Implants2) By Hip Reconstruction Devices: Total Hip Replacement (THR) Implants; Hip Resurfacing Implants; Hip Revision Implants
3) By Extremity Reconstruction Devices: Shoulder Reconstruction Devices; Ankle Reconstruction Devices; Elbow Reconstruction Devices; Wrist and Hand Reconstruction Devices
Key Companies Mentioned: Stryker Corporation; Zimmer Biomet; Johnson & Johnson; Smith & Nephew; Globus Medical
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Stryker Corporation
- Zimmer Biomet
- Johnson & Johnson
- Smith & Nephew
- Globus Medical
- DJO Global Inc.
- Aesculap Implant Systems LLC
- Medtronic
- CONMED Corporation
- Össur
- Allegra Orthopedics
- DePuy Synthes
- Tornier Inc.
- Corin Group Plc.
- Covidien plc
- PolyNovo Limited
- Exactech Inc.
- United Orthopedic Corporation
- Victrex
- Evonik
- Royal DSM
- Lepu Medical Technology Company (Beijing) Co. Ltd
- Yuwell - Jiangsu Yuyue Medical Equipment & Supply Co. Ltd
- Shanghai Runda Medical Technology Co. Ltd.
- GE Healthcare China Co. Ltd.
- Smiths Medical (Beijing) Co. Ltd.
- Nuvasive Inc.
- AAP Implantate AG
- Waldemar Link GmbH & Co. KG
- Amplitude SAS
- Beznoska Company Ltd
- Sanatmetal Ltd
- Medin a.s.
- Collagen Matrix Inc.
- XpandOrtho
- Integra Lifesciences
- NEOORTHO
- Manoel Amaral Baumer
- Biomecânica
- ORTOBIO
- Ortosintese
- IMPOL Próteses Ortopédicas
- Wright Medical
- B. Braun
- Meril Life
- Zimmer (Shaarani Group)
- Corin South Africa (Pty) Ltd
- Medtronic Africa
- EgiFix Medical
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 250 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 28.61 Billion |
Forecasted Market Value ( USD | $ 34.23 Billion |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Global |
No. of Companies Mentioned | 49 |