Europe Orthopedic Implants Market Size & Outlook
Europe orthopedic implants market, 2018-2030 (US$M)
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Europe orthopedic implants market highlights
- The Europe orthopedic implants market generated a revenue of USD 6,239.8 million in 2023.
- The market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, lower extremity implants was the largest revenue generating product in 2023.
- Dental is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 6,239.8 million |
| Market revenue in 2030 | USD 7,977.5 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Lower extremity implants |
| Fastest growing segment | Dental |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lower Extremity Implants, Spinal Implants, Dental, Upper Extremity Implants |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Stryker Corp, Zimmer Biomet Holdings Inc, Smith & Nephew PLC, NuVasive, Globus Medical Inc Class A, Arthrex, Enovis Corp, MicroPort Scientific Corp, ConforMIS, Exactech, Invibio, B. Braun, Acumed, Alphatec Holdings Inc, Integra Lifesciences Holdings Corp, Corin Group, Medacta Group SA Ordinary Shares, OrthoPediatrics Corp, Orthofix Medical Inc, FH Orthopedics, Enovis |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.5% of the global orthopedic implants 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 6,750.4 million by 2030.
Lower extremity implants was the largest segment with a revenue share of 52.73% in 2023. Horizon Databook has segmented the Europe orthopedic implants market based on lower extremity implants, spinal implants, dental, upper extremity implants covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for orthopedic implants is being fueled by the rapidly expanding healthcare infrastructure in Europe due to the growing medical tourism sector. Over the forecast period, the orthopedic industry is expected to grow due to factors such as greater healthcare spending and a growing geriatric population with a higher incidence of osteoarthritis, osteoporosis, bone injuries, & obesity.
Some of the key companies and manufacturers offering orthopedic products & services in the region are aap Implantate AG, Amplitude SAS, Bioimpianti Group srl, C2F Implants, Ceraver, Corin Group PLC, Groupe Lepine, Hipokrat Tıbbi Malzemeler, Implants International, Inion, JRI Orthopaedics, Medacta International SA.
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Orthopedic Implants Market Scope
Orthopedic Implants Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe orthopedic implants market size, by country, 2018-2030 (US$M)
Europe Orthopedic Implants Market Outlook Share, 2023 & 2030 (US$M)
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