North America Joint Replacement Market Size & Outlook

The joint replacement market in North America is expected to reach a projected revenue of US$ 17,456.6 million by 2030. A compound annual growth rate of 3.7% is expected of North America joint replacement market from 2023 to 2030.
Revenue, 2022 (US$M)
$13,083.0
Forecast, 2030 (US$M)
$17,456.6
CAGR, 2023 - 2030
3.7%
Report Coverage
North America

North America joint replacement market highlights

  • The North America joint replacement market generated a revenue of USD 13,083.0 million in 2022.
  • The market is expected to grow at a CAGR of 3.7% from 2023 to 2030.
  • In terms of segment, knee was the largest revenue generating product in 2022.
  • Extremities is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.


North America data book summary

Market revenue in 2022USD 13,083.0 million
Market revenue in 2030USD 17,456.6 million
Growth rate3.7% (CAGR from 2022 to 2030)
Largest segmentKnee
Fastest growing segmentExtremities
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationKnee, Hips, Extremities
Key market players worldwideJohnson & Johnson, Stryker Corp, Zimmer Biomet Holdings Inc, Smith & Nephew PLC, Enovis Corp, Arthrex, TPG Inc Ordinary Shares - Class A, MicroPort Scientific Corp, ConforMIS, Corin Group


Other key industry trends

  • In terms of revenue, North America region accounted for 62.6% of the global joint replacement market in 2022.
  • 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 4,709.0 million by 2030.

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Joint Replacement Market Scope

Joint replacement market segmentation & scope
Knee
Hips
Upper
Lower
Cemented
Cementless
Hybrid
Reverse Hybrid
Total Replacement
Partial Replacement
Others
Hospitals
Orthopedic Clinics
Others

Joint Replacement Market Companies

Name Profile # Employees HQ Website

North America joint replacement 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 joint replacement market will help companies and investors design strategic landscapes.


Knee was the largest segment with a revenue share of 48.82% in 2022. Horizon Databook has segmented the North America joint replacement market based on knee, hips, extremities covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the North America joint replacement market, including forecasts for subscribers. This continent databook contains high-level insights into North America joint replacement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America joint replacement market report size, by country, 2018-2030 (US$M)

North America Joint Replacement Market Share, 2022 & 2030 (US$M)

North America joint replacement market report size, by country, 2018-2030 (US$M)

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