Total Hip Knee Replacements Market Analysis

ID: MRFR/HC/10311-HCR

110 Pages

Rahul Gotadki

October 2025

Total Hip and Knee Replacements Market Research Report: Information by Procedure Type (Total Hip Replacement, Partial Hip Replacement, Revision Hip Replacement, Total Knee Replacement, Partial Knee Replacement, and Revision Knee Replacement), By Implant Type (Mobile Bearing, Fixed Bearing, and Others), By End-User (Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2035

Total Hip Knee Replacements Market Infographic

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Market Analysis

In-depth Analysis of Total Hip Knee Replacements Market Industry Landscape

People are living longer, osteoarthritis is increasing, implant materials are improving, and they desire stronger joints. For these reasons, the Total Hip and Knee Replacements Market is growing rapidly. These alterations impact hip and knee replacement operations. The global aging population greatly impacts the market. Many elderly persons get degenerative joint illnesses like osteoarthritis. Thus, more patients require complete hip and knee replacements. The market is influenced by longer lifespans.

Improved implant materials are transforming the complete hip and knee replacement business. Today, ceramics and sophisticated metals are durable and safe. Better materials extend implant life, reduce wear, and enhance patient outcomes, changing physicians' and patients' preferences. Business is shifting as hip and knee implant surgery becomes less intrusive. These treatments are popular because they offer smaller wounds, less discomfort, and faster recovery. Surgeons and patients are favoring less invasive treatments, changing market trends.

The increased number of individuals with osteoarthritis, which damages hip and knee joints, is hurting the market. Many more individuals are being diagnosed with osteoarthritis, which raises the need for hip and knee replacements.

Regulators' approval and norms shape the market. Market respect goes to companies who invest in surgery and device approvals. Regulatory changes might effect market competition and new company entry.

Patients are becoming more aware of complete hip and knee implants' advantages, altering the market. Educational programs and tools increase patient interest in joint replacement therapies and associated commodities.

Global markets exist for complete hip and knee implants. Globalization and everyone needing joint replacement therapies are driving the industry. Due to global demand for these medical services, firms are combining and forging clever partnerships to reach more people. Price of complete hip and knee replacements impacts market dynamics. Healthcare professionals and patients still struggle to afford these operations, which inhibits their utilization. Low-cost solution providers make joint replacement simpler for more individuals.

Research and development spending will determine the hip and knee implant market's future. Companies that explore innovative device technologies, surgical procedures, and therapy methods improve orthopedic treatments.

In the complete hip and knee replacement industry, orthopedic equipment producers, healthcare institutions, and treatment facilities typically partner. These relationships simplify knowledge, resource, and experience sharing. This fosters fresh ideas and influences device and surgical innovations.

Market Highlights

Author

Rahul Gotadki

Assistant Manager

He holds an experience of about 7+ years in Market Research and Business Consulting, working under the spectrum of Life Sciences and Healthcare domains. Rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. His expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. In addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives

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FAQs

What is the projected market valuation for the Total Hip and Knee Replacements Market in 2035?

The projected market valuation for the Total Hip and Knee Replacements Market in 2035 is 37.97 USD Billion.

What was the market valuation for the Total Hip and Knee Replacements Market in 2024?

The market valuation for the Total Hip and Knee Replacements Market in 2024 was 22.67 USD Billion.

What is the expected CAGR for the Total Hip and Knee Replacements Market from 2025 to 2035?

The expected CAGR for the Total Hip and Knee Replacements Market during the forecast period 2025 - 2035 is 4.8%.

Which companies are considered key players in the Total Hip and Knee Replacements Market?

Key players in the Total Hip and Knee Replacements Market include DePuy Synthes, Stryker, Zimmer Biomet, Smith & Nephew, Medtronic, Exactech, Aesculap, Ottobock, and B. Braun.

What segment of the Total Hip and Knee Replacements Market had the highest valuation in 2024?

In 2024, the segment of Total Hip Replacement had the highest valuation at 9.5 USD Billion.

What is the projected valuation for Total Knee Replacement by 2035?

The projected valuation for Total Knee Replacement by 2035 is 10.5 USD Billion.

How does the valuation of Partial Hip Replacement compare to Total Hip Replacement in 2024?

In 2024, Partial Hip Replacement was valued at 3.0 USD Billion, significantly lower than Total Hip Replacement at 9.5 USD Billion.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Market Summary

As per MRFR analysis, the Total Hip and Knee Replacements Market was estimated at 22.67 USD Billion in 2024. The Total Hip and Knee Replacements industry is projected to grow from 23.76 USD Billion in 2025 to 37.97 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.8 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Total Hip and Knee Replacements Market is experiencing robust growth driven by technological advancements and demographic shifts.

North America remains the largest market for total hip and knee replacements, reflecting a high demand for joint surgeries. The Asia-Pacific region is emerging as the fastest-growing market, fueled by increasing healthcare access and awareness. Total knee replacement is the largest segment, while total hip replacement is noted for its rapid growth in adoption. Key market drivers include the rising prevalence of osteoarthritis and advancements in surgical techniques, which are enhancing patient outcomes.

Total Hip Knee Replacements Market

CAGR

4.8%

Market Size & Forecast

2024 Market Size	22.67 (USD Billion)
2035 Market Size	37.97 (USD Billion)
CAGR (2025 - 2035)	4.8%
Largest Regional Market Share in 2024	North America

Major Players

DePuy Synthes (US), Stryker (US), Zimmer Biomet (US), Smith & Nephew (GB), <a href="https://www.medtronic.com/en-us/healthcare-professionals/products.html">Medtronic </a>(US), Exactech (US), Aesculap (DE), Ottobock (DE), B. Braun (DE)

Market Trends

The Total Hip and Knee Replacements Market is currently experiencing a notable transformation driven by advancements in surgical techniques and implant technologies. Innovations such as minimally invasive procedures and robotic-assisted surgeries are enhancing patient outcomes and reducing recovery times. Furthermore, the increasing prevalence of osteoarthritis and other degenerative joint diseases is propelling demand for these procedures. As the population ages, the need for effective joint replacement solutions appears to be growing, leading to a more competitive landscape among manufacturers and healthcare providers. In addition to technological advancements, there is a rising emphasis on personalized medicine within the Total Hip and Knee Replacements Market. Tailored implants and customized surgical approaches are becoming more prevalent, as they may improve the fit and functionality for individual patients. This trend suggests a shift towards more patient-centered care, where the focus is on optimizing the overall experience and outcomes for those undergoing joint replacement surgeries. As the market evolves, stakeholders must remain vigilant to adapt to these changes and meet the diverse needs of patients and healthcare systems alike.

Technological Advancements

The Total Hip and Knee Replacements Market is witnessing rapid technological progress, particularly in surgical techniques and implant designs. Innovations such as robotic-assisted surgeries and minimally invasive approaches are enhancing precision and reducing recovery times, which may lead to improved patient satisfaction.

Personalized Medicine

There is a growing trend towards personalized medicine within the Total Hip and Knee Replacements Market. Customized implants and tailored surgical techniques are becoming more common, potentially improving the fit and functionality for individual patients, thereby enhancing overall outcomes.

Aging Population

The increasing prevalence of age-related joint conditions is driving demand in the Total Hip and Knee Replacements Market. As the global population ages, the need for effective joint replacement solutions is likely to expand, prompting healthcare providers to adapt their services accordingly.

Total Hip Knee Replacements Market Market Drivers

Increased Healthcare Expenditure

Rising healthcare expenditure is a significant factor influencing the Total Hip and Knee Replacements Market. As countries invest more in healthcare infrastructure and services, access to joint replacement surgeries improves. In many regions, healthcare spending is projected to grow at a compound annual growth rate of 5% or more, facilitating better access to advanced surgical procedures. This increase in funding allows for the adoption of new technologies and techniques, further enhancing the quality of care. Consequently, the Total Hip and Knee Replacements Market stands to benefit from this upward trend in healthcare investment, as more patients gain access to necessary treatments.

Growing Awareness of Joint Health

The growing awareness of joint health and the benefits of early intervention are driving demand in the Total Hip and Knee Replacements Market. Educational campaigns and outreach programs are informing the public about the importance of maintaining joint health and the options available for treatment. As individuals become more proactive about their health, they are more likely to seek surgical solutions for joint issues. This shift in mindset is expected to lead to an increase in elective surgeries, thereby propelling the Total Hip and Knee Replacements Market forward. The emphasis on preventive care and early treatment is likely to reshape patient behaviors in the coming years.

Advancements in Surgical Techniques

Innovations in surgical techniques are transforming the Total Hip and Knee Replacements Market. Minimally invasive procedures, robotic-assisted surgeries, and enhanced recovery protocols are becoming increasingly prevalent. These advancements not only improve patient outcomes but also reduce recovery times, making joint replacement surgeries more appealing to patients. For instance, the adoption of robotic systems in knee arthroplasty has been shown to enhance precision and reduce complications. As these technologies continue to evolve, they are likely to drive further growth in the Total Hip and Knee Replacements Market, attracting both patients and healthcare providers seeking improved surgical options.

Rising Prevalence of Osteoarthritis

The increasing prevalence of osteoarthritis is a primary driver for the Total Hip and Knee Replacements Market. As populations age, the incidence of osteoarthritis rises, leading to a greater demand for joint replacement surgeries. It is estimated that by 2025, approximately 30 million adults in the United States alone will be affected by osteoarthritis, necessitating surgical interventions. This trend is mirrored in various regions, where healthcare systems are adapting to accommodate the growing number of patients requiring hip and knee replacements. The Total Hip and Knee Replacements Market is thus positioned to expand significantly as healthcare providers seek to address this pressing need.

Aging Population and Increased Life Expectancy

The aging population, coupled with increased life expectancy, is a crucial driver for the Total Hip and Knee Replacements Market. As individuals live longer, the likelihood of developing degenerative joint diseases rises, leading to a higher demand for hip and knee replacements. By 2030, it is projected that nearly 20% of the population in many developed countries will be over the age of 65, significantly impacting healthcare needs. This demographic shift necessitates a robust response from the Total Hip and Knee Replacements Market, as healthcare systems prepare to accommodate the growing number of elderly patients requiring joint replacement surgeries.

Market Segment Insights

By Procedure Type: Total Knee Replacement (Largest) vs. Total Hip Replacement (Fastest-Growing)

The Total Hip and Knee Replacements Market observes significant distribution among various procedure types. Total Knee Replacement holds the largest market share due to its wide acceptance and effectiveness in relieving pain among patients with severe knee osteoarthritis. Meanwhile, Total Hip Replacement is rapidly gaining ground, increasingly becoming the fastest-growing segment, as an aging population and greater awareness of hip-related ailments drive demand. Both segments dominate the surgical landscape, capturing the attention of healthcare providers and patients alike.

Total Knee Replacement (Dominant) vs. Total Hip Replacement (Emerging)

Total Knee Replacement stands out as the dominant procedure in the hip and knee replacements landscape, delivering consistent results and establishing a strong foothold due to its high success rate and predictable outcomes. Its robust acceptance among healthcare practitioners highlights its effectiveness in enhancing patient mobility and quality of life post-surgery. On the other hand, Total Hip Replacement is emerging as a vital choice, particularly as advancements in surgical techniques and implant technologies enhance recovery times and outcomes. The increasing inclination towards minimally invasive strategies has made Total Hip Replacement an appealing option for both patients and surgeons, creating a dynamic growth trajectory in this segment.

By Implant Type: Mobile Bearing (Largest) vs. Fixed Bearing (Fastest-Growing)

In the Total Hip and Knee Replacements Market, the 'By Implant Type' segment shows a diverse distribution among its values, with Mobile Bearing implants leading the market. This segment has gained significant acceptance due to their enhanced mobility and flexibility compared to traditional designs. Fixed Bearing implants, while currently behind in terms of total share, have been gaining traction as surgeons recognize their reliability and lower risk of dislocation. The 'Others' category, which includes novel implant designs, is growing steadily but remains a smaller portion of the overall share.

Implant Type: Mobile Bearing (Dominant) vs. Fixed Bearing (Emerging)

Mobile Bearing implants are recognized for their superior range of motion and functionality, making them a popular choice among orthopedic surgeons for both hip and knee replacements. Their design allows for natural joint motion, leading to quicker recovery times and enhanced patient satisfaction. Fixed Bearing implants, on the other hand, represent a more conservative approach, offering proven longevity and stability, making them appealing to certain patient demographics, particularly the older population. As both types evolve, the preference for materials and design innovations will continue to influence market dynamics, with <a href="https://www.marketresearchfuture.com/reports/mobile-clinic-market-33669">Mobile</a> Bearing maintaining its edge as the preferred option while Fixed Bearing emerges to capture specific market needs.

By End User: Hospitals (Largest) vs. Ambulatory Surgical Centers (Fastest-Growing)

In the Total Hip and Knee Replacements Market, hospitals dominate the end user segment, accounting for a significant portion of the market share due to their comprehensive facilities and advanced surgical capabilities. Ambulatory Surgical Centers (ASCs) are gaining traction, catering to patients seeking outpatient procedures, which reduces recovery time and hospital stays. Other segments like orthopedic clinics and specialized centers contribute to the market, yet they hold a lesser share compared to hospitals and ASCs. The growth trends in the end user segment are largely driven by increasing aging populations and a rise in orthopedic procedures due to a higher prevalence of joint disorders. The appeal of ASCs lies in their cost-effectiveness and convenience for patients, resulting in rapid growth as they typically offer shorter wait times and a more streamlined surgical experience. Hospitals also continue to innovate and enhance their service offerings, ensuring they remain a preferred choice for complex procedures.

Hospitals (Dominant) vs. Orthopedic Clinics (Emerging)

Hospitals remain the dominant end user in the Total Hip and Knee Replacements Market due to their ability to handle complex surgeries, comprehensive care, and resources. They are often equipped with advanced imaging technologies, operating rooms suited for intricate procedures, and interdisciplinary teams of surgeons and specialists. On the other hand, orthopedic clinics are emerging as a viable alternative, focusing on specialized joint replacement procedures and offering personalized patient care. Though their market share is currently smaller, they attract patients looking for more targeted and less invasive options. As insights into orthopedic care evolve, both segments continue to adapt, with hospitals bolstering their services and orthopedic clinics leveraging advancements in treatment techniques.

Get more detailed insights about Total Hip and Knee Replacements Market Research Report—Global Forecast till 2035

Regional Insights

By Region, the study segments the market into North America, Europe, Asia-Pacific, and the Rest of the World. The North American total hip and knee replacements market accounted for the largest market share in 2022. This is attributed to the rising number of hip arthroplasty and increasing strategic collaborations between major players and the rising geriatric population in the region. According to the American Joint Replacement Registry (AJRR), in 2019, around 1.5 million hip and knee arthroplasty surgeries were recorded in the registry. As a result, this promotes the market for total hip and knee replacements to grow.

Due to the increasing frequency of orthopedic diseases and the rapid adoption of novel products, the market for joint replacement is anticipated to grow in the region.

Further, the major countries studied are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: TOTAL HIP AND KNEE REPLACEMENTS MARKET BY REGION 2022 & 2030

TOTAL HIP AND KNEE REPLACEMENTS MARKET BY REGION 2022 & 2030

Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

Europe total hip and knee replacements market is expected to account for the second-largest market share due to the favorable health reimbursement, increased demand for customized implants, and an increased number of surgeries in the region. Further, the German market of total hip and knee replacements was attributed to holding the largest market share, and France market of total hip and knee replacements is expected to fastest-growing market in the European region.

The Asia-Pacific total hip and knee replacements market is expected to grow at the fastest rate from 2023 to 2030. This is due to the rising spending in healthcare, quickly evolving healthcare infrastructure, growing medical tourism, and increasing volume of hip replacement surgeries in the region. Moreover, China’s market of total hip and knee replacements is expected to hold the largest market share, and India market of total hip and knee replacements is expected fastest-growing market in the Asia-Pacific region.

Furthermore, according to The Asian Federation of Osteoporosis Societies (AFOS), there were 1.2 million hip fractures overall in 2019, and 2.6 million are anticipated by 2050. Over the next few years, it is anticipated that additional factors will affect the joint replacement market, including the ageing population, and rising healthcare spending in developing Asian economies in the market of total hip and knee replacements.

The Rest of the World includes the Middle East, Africa, and Latin America. The main factors influencing the growth of total hip and knee replacements in the Middle East and Africa are the rising number of orthopedic injuries & diseases and the rise in the adoption of implants, especially in the Middle East. Additionally, it is projected that factors such as the region's aging population, increased disposable income, and changing lifestyles will contribute to the market's expansion.

Key Players and Competitive Insights

The Total Hip and Knee Replacements Market is characterized by the presence of many global, regional, and local vendors catering to the demand created by research scientists and pharmaceutical and biotechnology companies operating in the industry. The market comprises tier-1, tier-2, and local players. The tier-1 and tier-2 players have reached across the globe with diverse Procedure Type portfolios. Companies such as Zimmer Biomet (US), Johnson & Johnson Services, Inc. (US), Stryker (US), and Smith & Nephew (UK) dominate the Total Hip and Knee Replacements Market due to Procedure Type differentiation, financial stability, strategic developments, and diversified regional presence.

The players are focused on investing in extensive research and development as well. Furthermore, they adopt strategic growth initiatives, such as expansion, Procedure Type launches, joint ventures, and partnerships, to strengthen their market position and capture a large customer base.

One of the primary business strategies adopted by manufacturers in the global total hip and knee replacements industry to benefit clients and expand the total hip and knee replacements market sector is to manufacture locally to reduce operating costs

Stryker (US) is engaged in developing, manufacturing, and marketing specialty surgical and medical products. Its products include implants, biologics, surgical, neurologic, ear, throat, interventional pain equipment, endoscopic, surgical navigation, communications, and digital imaging systems. The company also offers products for patient handling and emergency medical equipment. It operates through three major segments: medical & surgical equipment (MedSurg), orthopedics, and neurotechnology & spine. Stryker has been focused on providing automation solutions in its product portfolio. It has a presence in over 75 countries across the globe.

For instance, in March 2023, Stryker (US) introduced Mako Total Knee 2.0 at the AAOS 2023 Annual Meeting in Las Vegas. Mako Total Knee 2.0 is designed to deliver the same, trusted outcomes surgeons expect from Mako with a new, elevated user experience.

Also, Johnson & Johnson Services, Inc. (US) (J&J Services) manufactures and sells a broad range of healthcare products. The company manufactures products related to human health and well-being. Its business segment involves consumer health, pharmaceutical, and medical devices. Its consumer health segment involves skin health/beauty, baby care, over-the-counter medicines, women's health, and wound care markets. Its pharmaceutical segment is focused on six therapeutic areas, including immunology, infectious diseases, oncology, cardiovascular and metabolism, and pulmonary hypertension. It has research facilities in the US, Belgium, Brazil, Canada, China, France, Germany, India, Israel, Japan, the Netherlands, Singapore, Switzerland, and the UK.

Key Companies in the Total Hip Knee Replacements Market market include

Industry Developments

August 2021 DJO, LLC (US) launched New EMPOWER Dual Mobility Hip System at AAOS at the 2021 Annual Meeting of the American Academy of Orthopaedic Surgeons (AAOS). EMPOWR Dual Mobility is the latest addition to the EMPOWR Hip portfolio that provides surgeons with a solution to treat a large patient group needing better joint stability.

January 2022 Smith & Nephew (UK) acquired the cementless partial knee system from Engage Uni, LLC (US). By acquiring Nephew, Engage Surgical will be able to connect with the CORI surgical system and broaden its influence.

August 2022 Exactech, Inc. (US) introduced the Spartan Stem and Logical Cup System for complete hip arthroplasty. The launch's objective is to deliver the efficient tools, technologically cutting-edge implants, and ASC-friendly solutions that institutional clients and medical professionals have been requesting.

Future Outlook

Total Hip Knee Replacements Market Future Outlook

The Total Hip and Knee Replacements Market is projected to grow at a 4.8% CAGR from 2024 to 2035, driven by aging populations, technological advancements, and increasing prevalence of orthopedic conditions.

New opportunities lie in:

Development of personalized implant solutions using 3D printing technology.Expansion of telehealth services for pre- and post-operative care.Investment in robotic-assisted surgical systems to enhance precision and outcomes.

By 2035, the market is expected to achieve substantial growth, driven by innovation and increasing demand.

Market Segmentation

Total Hip Knee Replacements Market End User Outlook

Hospitals
Ambulatory Surgical Centers
Orthopedic Clinics
Others

Total Hip Knee Replacements Market Implant Type Outlook

Mobile Bearing
Fixed Bearing
Others

Total Hip Knee Replacements Market Procedure Type Outlook

Total Hip Replacement
Partial Hip Replacement
Revision Hip Replacement
Total Knee Replacement
Partial Knee Replacement
Revision Knee Replacement

Report Scope

MARKET SIZE 2024	22.67(USD Billion)
MARKET SIZE 2025	23.76(USD Billion)
MARKET SIZE 2035	37.97(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	4.8% (2024 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Billion
Key Companies Profiled	Market analysis in progress
Segments Covered	Market segmentation analysis in progress
Key Market Opportunities	Integration of advanced robotics and artificial intelligence in Total Hip and Knee Replacements Market enhances surgical precision and outcomes.
Key Market Dynamics	Technological advancements and regulatory changes drive innovation and competition in the Total Hip and Knee Replacements Market.
Countries Covered	North America, Europe, APAC, South America, MEA