Europe Artificial Hip & Knee Joints Market Size & Outlook
Europe artificial hip & knee joints market, 2018-2030 (US$M)
Europe artificial hip & knee joints market highlights
- The Europe artificial hip & knee joints market generated a revenue of USD 3,125.5 million in 2023.
- The market is expected to grow at a CAGR of 2.7% from 2024 to 2030.
- In terms of segment, hip joints was the largest revenue generating site in 2023.
- Hip Joints is the most lucrative site segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 3,125.5 million |
| Market revenue in 2030 | USD 3,772.1 million |
| Growth rate | 2.7% (CAGR from 2023 to 2030) |
| Largest segment | Hip joints |
| Fastest growing segment | Hip Joints |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hip Joints |
| Key market players worldwide | Exactech, Corentec, Smith & Nephew PLC, Zimmer Biomet Holdings Inc, Enovis Corp, Johnson & Johnson, Medacta Group SA Ordinary Shares, MicroPort Scientific Corp, Stryker Corp, Conmed Corp |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.9% of the global artificial hip & knee joints market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,200.3 million by 2030.
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Artificial Hip & Knee Joints Market Scope
Artificial Hip & Knee Joints Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 Europe artificial hip & knee joints market based on hip joints covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of artificial hip & knee joints market companies, investment firms, advisory firms & academic institutions.
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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 continent-level data and insights on the Europe artificial hip & knee joints market , including forecasts for subscribers. This continent databook contains high-level insights into Europe artificial hip & knee joints market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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