Orthopedic Implants Market Size, Share, Growth Analysis, By Product Type(Reconstructive Joint Replacements, Spinal Implants, Dental Implants, Trauma), By Biomaterial(Metallic Biomaterials, Ceramic Biomaterials, Polymeric Biomaterials and Others), By Type(Knee, Hip, Dental, Spine), By Region - Industry Forecast 2024-2031

Global Orthopedic Implants Market size was valued at USD 24.15 Billion in 2022 poised to grow from USD 25 Billion in 2023 to USD 32.92 Billion by 2031, growing at a CAGR of 3.5% in the forecast period (2024-2031). 

The increasing prevalence of orthopedic conditions and musculoskeletal disorders, technological developments in implant materials and designs, the growing demand for minimally invasive surgical procedures, and the expansion of healthcare services availability in developing nations are the main factors propelling the growth of the global orthopedic implants market. An orthopedic implant refers to that medical device which serves the purpose of repairing or supporting a bone or joint lesion. These devices are also often used by orthopedic surgeons in procedures aimed at restoring mobility, relieving pain and improving quality of life for patients suffering from conditions like arthritis, fractures or sports injuries. Orthopaedic implants may range from joint replacement such as hip and knee prostheses to screws and plates used in fracture fixation. 

These implants are artistically designed to mimic the form and purpose of human bones and joints to enhance outcomes for patients while improving orthopedic care. Owing to advancements in technology, there have been substantial improvements in design and materials used for orthopedic implants which have made them stronger and better thus promoting growth in this market. For instance, Cuvis Joint Robotic System introduced a highly advanced surgical robotic technology that aids surgeons to achieve precise results during personalized pre-history knee surgeries. Therefore, it is anticipated that the market will rise due to these developments and the acceptance of orthopedic implant systems.

US Orthopedic Implants Market is poised to grow at a sustainable CAGR for the next forecast year.