UK Orthopedic Implants Market Size & Outlook, 2023-2030
UK orthopedic implants market, 2018-2030 (US$M)
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UK orthopedic implants market highlights
- The UK orthopedic implants market generated a revenue of USD 1,155.2 million in 2023 and is expected to reach USD 1,482.9 million by 2030.
- The UK 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.
Orthopedic implants market data book summary
| Market revenue in 2023 | USD 1,155.2 million |
| Market revenue in 2030 | USD 1,482.9 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Lower extremity implants |
| Fastest growing segment | Dental |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 4.5% of the global orthopedic implants market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany orthopedic implants market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 974.5 million by 2030.
Lower extremity implants was the largest segment with a revenue share of 51.67% in 2023. Horizon Databook has segmented the UK 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 UK orthopedic implants market is likely to be driven by the growing prevalence of osteoporosis & osteoarthritis and the rise in sports & road injuries. Furthermore, the market can witness new growth prospects over the forecast period.
Owing to an increase in the reconfiguration of supply chain models by medical device manufacturers and an increase in the demand for orthopedic implants. For instance, as per the Omnia Health report, each year, more than 50,000 total hip replacements are carried out in the UK.
In addition, the dental orthopedic implants segment is increasing in popularity and key players are launching new products in this segment. In March 2022, Twin Dentists Hussein and Hassan Dalghous of TV Fame launched Smile Smart, a dental implant bridge in the UK.
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Orthopedic Implants Market Scope
Orthopedic Implants Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK orthopedic implants market size, by product, 2018-2030 (US$M)
UK Orthopedic Implants Market Outlook Share, 2023 & 2030 (US$M)
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