Europe Smart Orthopedic Implants Market Size & Outlook
The smart orthopedic implants market in Europe is expected to reach a projected revenue of US$ 10,823.8 million by 2030. A compound annual growth rate of 4.4% is expected of Europe smart orthopedic implants market from 2023 to 2030.
Revenue, 2022 (US$M)
$7,683.9
Forecast, 2030 (US$M)
$10,823.8
CAGR, 2023 - 2030
4.4%
Report Coverage
Europe
Europe smart orthopedic implants market, 2018-2030 (US$M)
Related Markets
Europe smart orthopedic implants market highlights
- The Europe smart orthopedic implants market generated a revenue of USD 7,683.9 million in 2022.
- The market is expected to grow at a CAGR of 4.4% 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.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 7,683.9 million |
| Market revenue in 2030 | USD 10,823.8 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Knee |
| Fastest growing segment | Hip |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Knee, Hip |
| Key market players worldwide | Zimmer Biomet Holdings Inc, Stryker Corp |
Other key industry trends
- In terms of revenue, Europe region accounted for 31.0% of the global smart orthopedic implants 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 6,148.8 million by 2030.
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Smart Orthopedic Implants Market Scope
Smart orthopedic implants market segmentation & scope
Smart Orthopedic Implants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 47.16% in 2022. Horizon Databook has segmented the Europe smart orthopedic implants market based on knee, hip covering the revenue growth of each sub-segment from 2018 to 2030.
- Europe Smart Orthopedic Implants Application Outlook (Revenue, USD Million, 2018-2030)
- Knee
- Hip
- Others
- Europe Smart Orthopedic Implants Component Outlook (Revenue, USD Million, 2018-2030)
- Implants
- Electronic Components
- Europe Smart Orthopedic Implants Procedure Outlook (Revenue, USD Million, 2018-2030)
- Total Replacement
- Partial Replacement
- Others
- Europe Smart Orthopedic Implants End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Others (ASCs, Research Institutes)
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Our clientele includes a mix of smart orthopedic implants 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 smart orthopedic implants market , including forecasts for subscribers. This continent databook contains high-level insights into Europe smart orthopedic implants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe smart orthopedic implants market size, by country, 2018-2030 (US$M)
Europe Smart Orthopedic Implants Market Outlook Share, 2022 & 2030 (US$M)
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