Orthopedic Devices Market – By Product, By End Use – Global Forecast, 2024 to 2032

Leading players in the orthopedic devices industry include aap Implantate, Alphatec Spine, Arthrex, B. Braun, ConforMIS, CONMED, DePuy Synthes (Johnson and Johnson), DJO Global, Globus Medical, Integra LifeSciences, and Medacta.

The U.S. orthopedic devices market was valued at USD 27.5 billion in 2023 and is expected to grow substantially in the coming years, influenced by an aging population and rising obesity rates.

The global orthopedic devices industry was valued at USD 52.3 billion in 2023 and is expected to grow at a 3.8% CAGR from 2024 to 2032, driven by an aging population and technological advancements.

The joint reconstruction devices segment is projected to grow at a 4.5% CAGR, reaching over USD 29.1 billion by 2032, primarily due to the increasing prevalence of orthopedic conditions among the aging population.