GVR Report cover Artificial Hip And Knee Joints Market (2026 - 2033)Report

Artificial Hip And Knee Joints Market (2026 - 2033)

Size, Share & Trends Analysis Report By Site (Hip Joints, Knee Joints), By End Use (Hospitals & Surgery Centers, Orthopedic Clinics), By Region, And Segment Forecasts

Market Size, 2025

$13.3B

Market Estimate, 2026

$13.7B

Market Forecast, 2033

$16.7B

CAGR, 2026–2033

2.9%

Artificial Hip And Knee Joints Market Summary

The global artificial hip and knee joints market size was valued at USD 13.3 billion in 2025 and is projected to grow from USD 13.7 billion in 2026 to USD 16.7 billion by 2033, growing at a CAGR of 2.9% from 2026 to 2033. North America dominated the market, accounting for a revenue share of 46.0% in 2025. Rising cases of orthopedic diseases, such as osteoarthritis and rheumatoid arthritis, are expected to boost market growth. According to the World Health Organization (WHO) report from July 2023, approximately 528 million people worldwide were living with osteoarthritis, with the knee being the most commonly affected joint, impacting an estimated 365 million individuals. As osteoarthritis remains a leading cause of pain, disability, and reduced mobility among older adults, the growing prevalence of knee and hip degeneration is expected to increase demand for artificial hip and knee replacement procedures globally.

Artificial hip and knee joints market size and growth forecast (2023-2033)Source: Grand View Research, IR Documents, Primary Interviews, Paid Databases

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Key Market Trends & Insights

  • By site: The knee joint segment held the largest market share of around 62.0% in 2025.
  • By end use: The hospitals & surgery centers segment held the largest market share of approximately 70.0% in 2025.

Regional Highlights

  • Largest regional market: North America (46.0% revenue share, 2025)
  • Fastest-growing regional market: Asia Pacific (highest CAGR, 2026-2033)

Market Size & Forecast

  • Market size in 2025: USD 13.3 Billion
  • Estimated market size in 2026: USD 13.7 Billion
  • Projected market size by 2033: USD 16.7 Billion
  • CAGR (2026-2033): 2.9%
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Factors such as the rising prevalence of hip fractures and the growing geriatric population are expected to drive market growth over the forecast period. According to the National Hip Fracture Database (NHFD) Annual Report 2024, more than 70,000 hip fractures were recorded across England, Wales, and Northern Ireland in 2023, representing one of the highest annual totals reported in recent years. As hip fractures are strongly associated with aging populations, osteoporosis, and reduced mobility, the increasing burden of these injuries is expected to support the demand for hip replacement procedures and advanced orthopedic implants.

An article published by the American Orthopedic Foot & Ankle Society states that the most common sports injuries occur in the lower extremities, with children being more susceptible than young adults. This research presented findings from 27 U.S. high schools over three years, showing that the lowest-leg injuries occurred during soccer, indoor track races, and cross-country races. A significant surge in treatment adoption rates in developed & emerging countries and growing participation in sports are expected to fuel market growth during the forecast period, consequently driving the adoption of artificial hip & knee joints.

Furthermore, market participants are concentrating on bolstering R&D efforts to introduce advanced products and are focusing on various strategies to maintain their market position. For instance, in March 2025, Stryker launched the fourth-generation Mako SmartRobotics platform, featuring enhanced planning, workflow, and data-driven capabilities for hip and knee replacement procedures. The continued investment in robotic-assisted orthopedic technologies highlights the industry's focus on improving surgical precision, patient outcomes, and procedural efficiency, thereby supporting market growth.

Moreover, favorable government initiatives and reimbursement policies fuel the market growth. For example, Medicaid is a joint federal-state program in the U.S. that provides health insurance to eligible low-income individuals and families. Each state administers its Medicaid program; therefore, reimbursement policies for orthopedic joints and implants may vary by state. States often follow federal guidelines set by the Centers for Medicare & Medicaid Services. However, they may have their own rules and fee schedules for reimbursing orthopedic procedures.

Analyst Perspective

The market is witnessing steady growth due to rising cases of orthopedic diseases such as osteoarthritis and rheumatoid arthritis, which are expected to drive worldwide growth. Growing knowledge of mobility correction and orthopedic treatment is increasing the number of operations performed in developed and developing countries. Advances in technology, including robotic surgery, implant materials, and surgical planning software, will make the procedure more effective and popular among patients. Furthermore, positive reimbursement policies and company innovations will boost market growth.

Site Insights

The knee joint segment dominated the market, accounting for the largest revenue share of 62.0% in 2025. Growing cases of knee injuries and the prevalence of knee disorders, especially osteoarthritis, fuel the market growth. For instance, according to data published by the Aspen Institute for Humanistic Studies in November 2023, serious knee injuries among teen athletes grew by 26% in the U.S. Moreover, according to the Arthritis Society Canada, around 6 million individuals in Canada (1 in 5 adults) have arthritis. Furthermore, rising disposable income allows more patients to afford these procedures while technological advancements enhance implant designs and surgical outcomes.

The hip joint segment in the market is anticipated to witness the fastest CAGR from 2026 to 2033. Growing R&D investments and the launch of new hip-joint technologies have significantly contributed to market growth. For instance, in September 2024, the National Institute for Health and Care Research (NIHR) awarded USD 1.55 million to support innovative research on testing new surgical techniques to improve outcomes for patients undergoing hip replacement surgery. This funding plays a crucial role in driving research and development, leading to advancements in materials, technologies, and procedures used in hip replacement surgeries.

End Use Insights

The hospitals & surgery centers segment dominated the market, accounting for approximately 70.0% of revenue in 2025. These facilities have advanced surgical technologies and trained healthcare staff specializing in joint replacement procedures, ensuring high-quality care and enhanced patient outcomes. Moreover, supportive reimbursement policies for hospital patients and the widespread availability of hospitals and surgery centers play important roles in driving demand for hospital services. For instance, according to the Australian Institute of Health and Welfare, there were 700 public hospitals in Australia in 2023, and the number varied in size, location, and services provided. Of these public hospitals, 400 were in outer and inner regions, 189 were in Major cities, and 111 were in remote areas.

The orthopedic clinics segment is anticipated to register a significant CAGR from 2026 to 2033. Orthopedic clinics offer convenient and accessible services with shorter wait times, streamlined processes, and personalized attention from healthcare practitioners. Moreover, orthopedic clinics continue to expand their surgical capacity, and the number of training programs for orthopedic surgeons is expected to grow significantly over the forecast period. For example, the Canadian Orthopedic Association, in collaboration with the Royal College of Physicians and Surgeons of Canada, offers 17 orthopedic training programs in Canada.

Regional Insights

The North American artificial hip and knee joints market accounted for the largest revenue share in 2025, at approximately 46.0%, owing to the rising prevalence of musculoskeletal disorders, such as rheumatoid arthritis and osteoarthritis. For instance, according to the CDC, 53 million individuals in the U.S. have rheumatoid arthritis. Moreover, the market is expected to grow due to rapid technological advancements and well-established healthcare facilities.

Artificial Hip And Knee Joints Market Trends, by Region, 2026 - 2033

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U.S. Artificial Hip and Knee Joints Market Trends

The artificial hip and knee joints market in the U.S. held the largest revenue share of xx% in 2025. The increasing adoption of joint replacement procedures and advancements in orthopedic care. According to the American Joint Replacement Registry (AJRR) Annual Report 2024, the registry has captured more than 4 million hip and knee arthroplasty procedures performed across the U.S. since its inception, reflecting the growing utilization of joint replacement surgeries. The expanding procedural volume, coupled with continued technological innovation and increasing adoption of advanced implant systems, is expected to support sustained market growth in the U.S.

Europe Artificial Hip and Knee Joints Market Trends

The artificial hip and knee joints market in Europe is anticipated to grow significantly during the forecast period. The region's strong focus on R&D fosters continuous innovation in implant technologies, enhancing product efficacy and patient outcomes. Moreover, robust regulatory frameworks and favorable healthcare policies ensure the quality and safety of artificial hip and knee joints, thereby raising their demand among the population.

Germany artificial hip and knee joints market is expected to grow considerably during the forecast period. The increase in road accidents in the country led to increased demand for artificial hip and knee joints. For instance, according to a report by the Statistisches Bundesamt (Destatis), 2,519,525 road accidents were recorded in Germany, and 366,557 individuals were injured.

The artificial hip and knee joints market in the UK is anticipated to register a considerable growth rate during the forecast period. The UK's National Health Service (NHS) provides universal healthcare coverage and ensures access to orthopedic procedures for all citizens, thereby promoting market growth. Furthermore, a rise in the number of hospitals offering orthopedic procedures boosts market growth. For instance, as of August 2023, there are 1148 hospitals in the UK: 218 private and 930 NHS.

Asia Pacific Artificial Hip and Knee Joints Market Trends

The artificial hip and knee joints market in the Asia Pacific is expected to witness the fastest CAGR growth over the forecast period. Due to the rise in sports injuries, the number of fractures and joint replacement cases is anticipated to drive market growth. Moreover, the market is driven by technological developments, such as 3D printing and smart sensors, as well as growing R&D efforts.

China artificial hip and knee joints market is anticipated to register a considerable growth rate during the forecast period. Medical tourism is booming, healthcare infrastructure is continually improving, and patients are becoming more aware of the commercial availability of artificial hip and knee joints. All of these factors contribute to the country's market growth.

Latin America Artificial Hip and Knee Joints Market Trends

The artificial hip and knee joints market in Latin America is anticipated to register a considerable growth rate during the forecast period. An increase in sports injuries is one of the key factors expected to propel growth in the Latin American market. Football is highly popular in Latin America, leading to increased knee injuries. Moreover, technological advancements, rising government spending, and the availability of skilled healthcare professionals are expected to drive market growth over the forecast period.

Brazil artificial hip and knee joints market is anticipated to register a considerable growth rate during the forecast period. A key factor anticipated to drive the market is the growing prevalence of osteoporosis in the country. According to a recent article published in The Scientific Electronic Library Online (SciELO), osteoporosis and associated fractures are very common in Brazil, owing to an active youth population drawn to high-intensity sports and an aging population affected by musculoskeletal disorders.

Middle East and Africa Artificial Hip and Knee Joints Market Trends

The artificial hip and knee joints market in MEA is experiencing lucrative growth. The rising prevalence of orthopedic conditions such as osteoporosis and osteoarthritis due to factors such as obesity, sedentary lifestyles, and an aging population is boosting the market growth. In addition, the region's expanding medical tourism sector and the presence of skilled healthcare professionals are expected to foster market growth.

South Africa artificial hip and knee joints market is anticipated to register a considerable growth rate during the forecast period. The growing number of sports-related injuries and road accidents requiring orthopedic procedures further propels market growth. In addition, the availability of favorable reimbursement policies and government initiatives aimed at improving healthcare infrastructure & accessibility are important drivers for the artificial hip and knee joints market in South Africa.

Key Artificial Hip and Knee Joints Company Insights

Key participants in the market are focusing on devising innovative business growth strategies, including product portfolio expansions, partnerships & collaborations, mergers & acquisitions, and business footprint expansions. For instance, in June 2024, Zimmer Biomet entered a limited distribution agreement with THINK Surgical to offer the TMINI Miniature Robotic System for total knee arthroplasty. Through this partnership, Zimmer Biomet integrated its implant technologies with THINK Surgical’s wireless handheld robotic platform, expanding its robotic-assisted knee replacement offerings beyond the ROSA Robotics portfolio. The collaboration highlights the growing industry focus on enhancing surgical precision, improving workflow efficiency, and accelerating the adoption of robotic-assisted hip and knee replacement procedures.

Key Artificial Hip and Knee Joints Companies

The following key companies have been profiled for this study on the artificial hip and knee joints market:

  • Exactech, Inc.

  • CORENTEC Co., Ltd.

  • Smith+Nephew

  • Zimmer Biomet

  • Enovis Corporation

  • Johnson & Johnson (DePuy Synthes)

  • Medacta International

  • MicroPort Orthopedics, Inc.

  • Stryker

  • CONMED Corporation

Recent Developments

  • In February 2024, Corentec, a producer of artificial joints, received U.S. Food and Drug Administration (FDA) clearance to market BENCOX Mirabo Z Cup Continuum, the hip artificial cup.
  • In June 2024, Johnson & Johnson MedTech announced that DePuy Synthes received U.S. FDA 510(k) clearance for the VELYS Robotic-Assisted Solution for unicompartmental knee arthroplasty (UKA). The expanded indication enables robotic-assisted partial knee replacement procedures, enhancing surgical precision and workflow efficiency. This development highlights the increasing adoption of robotic technologies in joint replacement surgery and supports innovation in the market.

Artificial Hip And Knee Joints Market Report Scope

Report Attribute

Details

Market size in 2025

USD 13.3 billion

Estimated market size in 2026

USD 13.7 billion

Projected market size by 2033

USD 16.7 billion

Growth rate

CAGR of 2.9% from 2026 to 2033

Base year for estimation

2025

Historical data

2021 – 2024

Forecast period

2026 – 2033

Quantitative units

Revenue in USD billion, and CAGR from 2026 to 2033

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Site, end use, region

Regional Scope

North America; Europe; Asia Pacific; :Latin America; MEA

Country Scope

U.S.; Canada; Mexico; Germany; UK; Spain; Italy; France; Norway; Denmark; Sweden; Japan; China; India; Australia; Thailand; South Korea; Brazil; Argentina; South Africa; Saudi Arabia; UAE; Kuwait

Key companies profiled

Exactech, Inc.; CORENTEC Co., Ltd.; Smith+Nephew; Zimmer Biomet; Enovis Corporation; Johnson & Johnson (DePuy Synthes); Medacta International; MicroPort Orthopedics, Inc.; Stryker; CONMED Corporation

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Global Artificial Hip And Knee Joints Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country level and provides an analysis of industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research, Inc. has segmented the global artificial hip and knee joints market report based on the site, end use, and region:

  • Site Outlook (Revenue USD Billion, 2021 - 2033)

    • Hip Joints

      • By Hip Product

        • Total Hip

        • Partial Femoral Head

        • Hip Resurfacing

        • Revision Hip

    • Knee Joints

      • By Knee Product

        • Fixed-bearing Implants

        • Mobile-bearing Implants

      • By Knee Procedure

        • Total Knee Replacement

        • Partial Knee Replacement

        • Revision Knee Replacement

  • End Use Outlook (Revenue USD Billion, 2021 - 2033)

    • Hospitals & Surgery Centers

    • Orthopedic Clinics

    • Others

Regional Outlook Revenue USD Billion, 2021 - 2033)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Spain
    • Italy
    • France
    • Denmark
    • Norway
    • Sweden
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • Thailand
    • South Korea
  • Latin America
    • Brazil
    • Argentina
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE
    • Kuwait

Frequently Asked Questions About This Report

About the Author(s)

Medical Devices Research Team

Healthcare · Medical Devices

This report was authored by the medical devices research team at Grand View Research - comprising two research analysts, one senior research analyst, and one industry expert - with specialized expertise in the medical devices segment of the healthcare industry. All findings are based on proprietary healthcare databases, executive interviews, and regulatory analysis, subject to internal peer review prior to publication.

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