Frequently Asked Questions
In 2022, the global Orthopedic Implants Market is expected to be worth USD 33548.8 million.
The Orthopedic Implants Market is estimated to increase at a CAGR of 6.90% between 2023 and 2030, reaching USD 57213.5 Million in 2030.
The knee implants category held the bulk of the market in 2022, with a revenue share of 33.4%
Joint Replacement is the segment with higher market demand in the orthopedic market
The dental implants segment is expected to grow at the fastest CAGR
North America held the highest market share in 2022, with a revenue share of 49.3%
The top players include Stryker; Arthrex, Inc.; Smith & Nephew; Zimmer Biomet; DePuy Synthes, Inc.
The primary drivers of the Orthopedic Implants market are the rising prevalence of orthopedic disorders, an aging population, and advancements in implant technology.
The market is constrained by factors including expensive surgical procedures and implants, a lack of funding options, and the possibility of implant failure or its effects.
Technology advancements, personalised medicine, patient-specific implants, and increased demand for minimally invasive surgical methods all contribute to the market opportunity.