Canada Smart Orthopedic Implants Market Size & Outlook

The smart orthopedic implants market in Canada is expected to reach a projected revenue of US$ 2,690.2 million by 2030. A compound annual growth rate of 4.2% is expected of Canada smart orthopedic implants market from 2023 to 2030.

Revenue, 2022 (US$M)
$1,937.6
Forecast, 2030 (US$M)
$2,690.2
CAGR, 2023 - 2030
4.2%
Report Coverage
Canada

Canada smart orthopedic implants market highlights

  • The Canada smart orthopedic implants market generated a revenue of USD 1,937.6 million in 2022 and is expected to reach USD 2,690.2 million by 2030.
  • The Canada market is expected to grow at a CAGR of 4.2% from 2023 to 2030.
  • In terms of segment, knee was the largest revenue generating application in 2022.
  • Hip is the most lucrative application segment registering the fastest growth during the forecast period.

Smart orthopedic implants market data book summary

Market revenue in 2022USD 1,937.6 million
Market revenue in 2030USD 2,690.2 million
Growth rate4.2% (CAGR from 2022 to 2030)
Largest segmentKnee
Fastest growing segmentHip
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationKnee, Hip
Key market players worldwideZimmer Biomet Holdings Inc, Stryker Corp

Other key industry trends

  • In terms of revenue, Canada accounted for 7.8% of the global smart orthopedic implants market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. smart orthopedic implants market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 2,690.2 million by 2030.

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Smart Orthopedic Implants Market Scope

Smart orthopedic implants market segmentation & scope
Knee
Hip
Others
Implants
Electronic Components
Total Replacement
Partial Replacement
Others
Hospitals
Others (ASCs, Research Institutes)

Smart Orthopedic Implants Market Companies

Name Profile # Employees HQ Website

Canada smart orthopedic implants 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 smart orthopedic implants market will help companies and investors design strategic landscapes.


Knee was the largest segment with a revenue share of 47.14% in 2022. Horizon Databook has segmented the Canada smart orthopedic implants market based on knee, hip covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Smart Orthopedic Implants Application Outlook (Revenue, USD Million, 2018-2030)
    • Knee
    • Hip
    • Others
  • Canada Smart Orthopedic Implants Component Outlook (Revenue, USD Million, 2018-2030)
    • Implants
    • Electronic Components
  • Canada Smart Orthopedic Implants Procedure Outlook (Revenue, USD Million, 2018-2030)
    • Total Replacement
    • Partial Replacement
    • Others
  • Canada Smart Orthopedic Implants End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals
    • Others (ASCs, Research Institutes)

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada smart orthopedic implants market , including forecasts for subscribers. This country databook contains high-level insights into Canada smart orthopedic implants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada smart orthopedic implants market size, by application, 2018-2030 (US$M)

Canada Smart Orthopedic Implants Market Outlook Share, 2022 & 2030 (US$M)

Canada smart orthopedic implants market size, by application, 2018-2030 (US$M)

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