Global Artificial Hip & Knee Joints Market Size & Outlook

The artificial hip & knee joints industry worldwide is expected to reach a projected revenue of US$ 15,313.1 million by 2030. A compound annual growth rate of 2.9% is expected of the worldwide artificial hip & knee joints industry from 2024 to 2030.
Revenue, 2023 (US$M)
$12,572.6
Forecast, 2030 (US$M)
$15,313.1
CAGR, 2024 - 2030
2.9%
Report Coverage
Worldwide

Global artificial hip & knee joints market, 2018-2030 (US$M)

Global artificial hip & knee joints market highlights

  • The global artificial hip & knee joints market generated a revenue of USD 12,572.6 million in 2023 and is expected to reach USD 15,313.1 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 2.9% by 2030.
  • In terms of segment, hip joints accounted for a revenue of USD 12,572.6 million in 2023.
  • Hip Joints is the most lucrative site segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 12,572.6 million
Market revenue in 2030USD 15,313.1 million
Growth rate2.9% (CAGR from 2023 to 2030)
Largest segmentHip joints
Fastest growing segmentHip Joints
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHip Joints

Other key industry trends

  • In terms of revenue, the North America accounted for 46.0% of the global artificial hip & knee joints market in 2023.

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Artificial Hip & Knee Joints Market Scope

Artificial hip & knee joints market segmentation & scope
Partial Femoral Head
Hip Resurfacing
Revision Hip
Knee Joints
Fixed-bearing Implants
Mobile-bearing Implants
End Use
Hospitals & Surgery Centers
Orthopedic Clinics
Others

Artificial Hip & Knee Joints Market Companies

Name Profile # Employees HQ Website

Global artificial hip & knee joints 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 artificial hip & knee joints market will help companies and investors design strategic landscapes.


Hip joints was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global artificial hip & knee joints market based on hip joints covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Artificial Hip & Knee Joints Site Outlook (Revenue, USD Million, 2018-2030)
    • Hip Joints
      • Total Hip
      • Partial Femoral Head
      • Hip Resurfacing
      • Revision Hip
    • Knee Joints
      • Fixed-bearing Implants
      • Mobile-bearing Implants
  • Global Artificial Hip & Knee Joints End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals & Surgery Centers
    • Orthopedic Clinics
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global artificial hip & knee joints market , including forecasts for subscribers. This global databook contains high-level insights into Global artificial hip & knee joints market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global artificial hip & knee joints market size, by regions, 2018-2030 (US$M)

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