Joint Replacement Devices Market Size, Share, Trends, Industry Analysis Report: By Product, Surgery Type, End User, and Region

Description

List of Tables

The global joint replacement devices market size is expected to reach USD 37.01 billion by 2034, according to a new study by Polaris Market Research. The report "Joint Replacement Devices Market Size, Share, Trends, Industry Analysis Report: By Product (Hip Replacement, Knee Replacement, Shoulder Replacement, Wrist Replacement, and Others), Surgery Type, End User, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Joint replacement devices are prosthetic implants used to replace damaged or diseased joints, primarily in patients affected by osteoarthritis, rheumatoid arthritis, or joint trauma. These devices restore mobility, reduce pain, and improve the overall quality of life for patients who suffer from severe joint deterioration. A few types of joint replacement devices include hip, knee, shoulder, elbow, and ankle joint replacement devices.

The growing aging population across the globe is propelling the joint replacement devices market growth. Osteoarthritis is a major cause of disability among older adults, adversely impacting their mobility and daily activities. Joint replacement surgery is usually the most effective solution for severe cases of osteoarthritis where non-surgical treatments such as medication, physical therapy, and lifestyle changes fail to provide relief. This increase in joint replacement surgery drives demand for joint replacement devices such as hip replacement and knee replacement.

Governments and healthcare organizations are actively promoting joint replacement surgeries by providing reimbursement policies and financial assistance programs, making these procedures more accessible to a broader population. This further fuels the demand for joint replacement devices.

Technological innovations are significantly contributing to the joint replacement devices market expansion. Innovations such as robotic-assisted surgery are revolutionizing joint replacement procedures. Robotic systems, such as the Mako Robotic-Arm assisted surgery system, provide surgeons with greater precision and control during implant placement. These systems use real-time imaging and data analytics to optimize alignment, reducing post-operative pain and improving recovery outcomes. Thus, high demand for orthopedic surgeries propels the adoption of joint replacement devices.

Joint Replacement Devices Market Report Highlights

In terms of product, the knee replacement segment dominated the joint replacement devices market share in 2024 due to the high prevalence of osteoarthritis and the increasing geriatric population requiring surgical intervention.

Based on end user, the hospitals & surgical centers accounted for a major market share in 2024 due to the high volume of joint replacement procedures performed in these facilities.

In the global market, North America dominated the joint replacement devices market revenue in 2024 due to the high prevalence of osteoarthritis, a rapidly growing aging population, and advanced healthcare infrastructure.

Acumed LLC; Arthrex, Inc.; B. Braun; CONMED Corporation; Enovis; Globus Medical, Inc.; Johnson & Johnson Services, Inc.; Medacta International; Meril Life Sciences Pvt. Ltd.; MicroPort Scientific Corporation; Orthofix Medical Inc.; Smith+Nephew; Stryker; and Zimmer Biomet Holdings, Inc. are among the global key market players.

Polaris Market Research has segmented the joint replacement devices market report on the basis of product, surgery type, end user, and region:

By Product Outlook (Revenue, USD Billion, 2020-2034)

Hip Replacement
Knee Replacement
Shoulder Replacement
Wrist Replacement
Others

By Surgery Type Outlook (Revenue, USD Billion, 2020-2034)

Total Replacement
Partial Replacement
Revision Replacement

By End User Outlook (Revenue, USD Billion, 2020-2034)

Hospitals & Surgical Centers
Ambulatory Care Centers & Trauma Units
Others

By Regional Outlook (Revenue, USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM5471

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Source
- 3.2.1. Primary Source
- 3.2.2. Secondary Source

4. Global Joint Replacement Devices Market Insights

4.1. Joint Replacement Devices Market - Market Snapshot
4.2. Joint Replacement Devices Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Increasing Prevalence of Orthopedic Disorder
  - 4.2.1.2. Growing Advancement in Robotic-Assisted Orthopedic Surgery
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High cost and lack of awareness in underdeveloped nations
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Joint Replacement Devices Market Trends
4.6. Value Chain Analysis

5. Global Joint Replacement Devices Market, by Product

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
5.3. Hip Replacement
- 5.3.1. Global Joint Replacement Devices Market, by Hip Replacement, by Region, 2020-2034 (USD Billion)
5.4. Knee Replacement
- 5.4.1. Global Joint Replacement Devices Market, by Knee Replacement, by Region, 2020-2034 (USD Billion)
5.5. Shoulder Replacement
- 5.5.1. Global Joint Replacement Devices Market, by Shoulder Replacement, by Region, 2020-2034 (USD Billion)
5.6. Wrist Replacement
- 5.6.1. Global Joint Replacement Devices Market, by Wrist Replacement, by Region, 2020-2034 (USD Billion)
5.7. Others
- 5.7.1. Global Joint Replacement Devices Market, by Others, by Region, 2020-2034 (USD Billion)

6. Global Joint Replacement Devices Market, by Surgery Type

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
6.3. Total Replacement
- 6.3.1. Global Joint Replacement Devices Market, by Total Replacement, by Region, 2020-2034 (USD Billion)
6.4. Partial Replacement
- 6.4.1. Global Joint Replacement Devices Market, by Partial Replacement, by Region, 2020-2034 (USD Billion)
6.5. Revision Replacement
- 6.5.1. Global Joint Replacement Devices Market, by Revision Replacement, by Region, 2020-2034 (USD Billion)

7. Global Joint Replacement Devices Market, by End User

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
7.3. Hospitals & Surgical Centers
- 7.3.1. Global Joint Replacement Devices Market, by Hospitals & Surgical Centers, by Region, 2020-2034 (USD Billion)
7.4. Ambulatory Care Centers & Trauma Units
- 7.4.1. Global Joint Replacement Devices Market, by Ambulatory Care Centers & Trauma Units, by Region, 2020-2034 (USD Billion)
7.5. Others
- 7.5.1. Global Joint Replacement Devices Market, by Others, by Region, 2020-2034 (USD Billion)

8. Global Joint Replacement Devices Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Joint Replacement Devices Market Assessment, By Geography, 2020-2034 (USD Billion)
8.3. Joint Replacement Devices Market - North America
- 8.3.1. North America: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
- 8.3.2. North America: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
- 8.3.3. North America: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.3.4. Joint Replacement Devices Market - U.S.
  - 8.3.4.1. U.S.: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.3.4.2. U.S.: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.3.4.3. U.S.: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.3.5. Joint Replacement Devices Market - Canada
  - 8.3.5.1. Canada: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.3.5.2. Canada: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.3.5.3. Canada: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
8.4. Joint Replacement Devices Market - Europe
- 8.4.1. Europe: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
- 8.4.2. Europe: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
- 8.4.3. Europe: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.4.4. Joint Replacement Devices Market - UK
  - 8.4.4.1. UK: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.4.4.2. UK: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.4.4.3. UK: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.4.5. Joint Replacement Devices Market - France
  - 8.4.5.1. France: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.4.5.2. France: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.4.5.3. France: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.4.6. Joint Replacement Devices Market - Germany
  - 8.4.6.1. Germany: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.4.6.2. Germany: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.4.6.3. Germany: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.4.7. Joint Replacement Devices Market - Italy
  - 8.4.7.1. Italy: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.4.7.2. Italy: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.4.7.3. Italy: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.4.8. Joint Replacement Devices Market - Spain
  - 8.4.8.1. Spain: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.4.8.2. Spain: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.4.8.3. Spain: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.4.9. Joint Replacement Devices Market - Netherlands
  - 8.4.9.1. Netherlands: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.4.9.2. Netherlands: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.4.9.3. Netherlands: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.4.10. Joint Replacement Devices Market - Russia
  - 8.4.10.1. Russia: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.4.10.2. Russia: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.4.10.3. Russia: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.4.11. Joint Replacement Devices Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.4.11.2. Rest of Europe: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.4.11.3. Rest of Europe: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
8.5. Joint Replacement Devices Market - Asia Pacific
- 8.5.1. Asia Pacific: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.5.4. Joint Replacement Devices Market - China
  - 8.5.4.1. China: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.5.4.2. China: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.5.4.3. China: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.5.5. Joint Replacement Devices Market - India
  - 8.5.5.1. India: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.5.5.2. India: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.5.5.3. India: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.5.6. Joint Replacement Devices Market - Malaysia
  - 8.5.6.1. Malaysia: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.5.6.2. Malaysia: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.5.6.3. Malaysia: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.5.7. Joint Replacement Devices Market - Japan
  - 8.5.7.1. Japan: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.5.7.2. Japan: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.5.7.3. Japan: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.5.8. Joint Replacement Devices Market - Indonesia
  - 8.5.8.1. Indonesia: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.5.8.2. Indonesia: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.5.8.3. Indonesia: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.5.9. Joint Replacement Devices Market - South Korea
  - 8.5.9.1. South Korea: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.5.9.2. South Korea: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.5.9.3. South Korea: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.5.10. Joint Replacement Devices Market - Australia
  - 8.5.10.1. Australia: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.5.10.2. Australia: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.5.10.3. Australia: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.5.11. Joint Replacement Devices Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
8.6. Joint Replacement Devices Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.6.4. Joint Replacement Devices Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.6.5. Joint Replacement Devices Market - UAE
  - 8.6.5.1. UAE: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.6.5.2. UAE: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.6.5.3. UAE: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.6.6. Joint Replacement Devices Market - Israel
  - 8.6.6.1. Israel: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.6.6.2. Israel: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.6.6.3. Israel: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.6.7. Joint Replacement Devices Market - South Africa
  - 8.6.7.1. South Africa: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.6.7.2. South Africa: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.6.7.3. South Africa: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.6.8. Joint Replacement Devices Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
8.7. Joint Replacement Devices Market - Latin America
- 8.7.1. Latin America: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.7.4. Joint Replacement Devices Market - Mexico
  - 8.7.4.1. Mexico: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.7.4.2. Mexico: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.7.4.3. Mexico: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.7.5. Joint Replacement Devices Market - Brazil
  - 8.7.5.1. Brazil: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.7.5.2. Brazil: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.7.5.3. Brazil: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.7.6. Joint Replacement Devices Market - Argentina
  - 8.7.6.1. Argentina: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.7.6.2. Argentina: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.7.6.3. Argentina: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)
- 8.7.7. Joint Replacement Devices Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Joint Replacement Devices Market, by Product, 2020-2034 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Joint Replacement Devices Market, by Surgery Type, 2020-2034 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Joint Replacement Devices Market, by End User, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. Acumed LLC
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Arthrex, Inc.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. B. Braun
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. CONMED Corporation
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Enovis
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Globus Medical, Inc.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Johnson & Johnson Services, Inc.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Medacta International
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Meril Life Sciences Pvt. Ltd
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. MicroPort Scientific Corporation
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
10.11. Orthofix Medical Inc.
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
10.12. Smith+Nephew
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
10.13. Stryker
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
10.14. Zimmer Biomet Holdings, Inc.
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development