Global Smart Orthopedic Implants Market Size & Outlook
Global smart orthopedic implants market, 2018-2030 (US$M)
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Global smart orthopedic implants market highlights
- The global smart orthopedic implants market generated a revenue of USD 24,826.1 million in 2022 and is expected to reach USD 34,758.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4.3% by 2030.
- In terms of segment, knee accounted for a revenue of USD 11,666.0 million in 2022.
- Hip is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 24,826.1 million |
| Market revenue in 2030 | USD 34,758.5 million |
| Growth rate | 4.3% (CAGR from 2022 to 2030) |
| Largest segment | Knee |
| Fastest growing segment | Hip |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Knee, Hip |
Other key industry trends
- In terms of revenue, the North America accounted for 42.2% of the global smart orthopedic implants market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 10,896.8 million by 2030.
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Smart Orthopedic Implants Market Scope
Smart Orthopedic Implants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
Global smart orthopedic implants market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart orthopedic implants market will help companies and investors design strategic landscapes.
Knee was the largest segment with a revenue share of 46.99% in 2022. Horizon Databook has segmented the Global smart orthopedic implants market based on knee, hip covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Smart Orthopedic Implants Application Outlook (Revenue, USD Million, 2018-2030)
- Knee
- Hip
- Others
- Global Smart Orthopedic Implants Component Outlook (Revenue, USD Million, 2018-2030)
- Implants
- Electronic Components
- Global Smart Orthopedic Implants Procedure Outlook (Revenue, USD Million, 2018-2030)
- Total Replacement
- Partial Replacement
- Others
- Global Smart Orthopedic Implants End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Others (ASCs, Research Institutes)
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Our clientele includes a mix of smart orthopedic implants market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart orthopedic implants market , including forecasts for subscribers. This global databook contains high-level insights into Global smart orthopedic implants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global smart orthopedic implants market size, by regions, 2018-2030 (US$M)
Top 10 countries: Smart orthopedic implants market size, 2022 (US$M)
Global smart orthopedic implants market share, by application, 2022 & 2030 (%, US$M)
Smart orthopedic implants market: Opportunity assessment by country
Global smart orthopedic implants market, by region, 2022 (US$M)
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