Joint Repair Devices Market Report 2025 (Global Edition)

Global Joint Repair Devices Market Report 2024 Market Size Split by Joint (Knee, Hip, Shoulder, Ankle, Others), by Technique (Joint Replacement, Osteotomy, Arthroscopy, Resurfacing, Arthrodesis, Other...

Joint Repair Devices Market Report Description

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Competitive Landscape of the Joint Repair Devices Market

The Joint Repair Devices Market is characterized by significant competition among key players who strive to innovate and provide advanced solutions to meet the growing demand for joint repair therapies. The rising prevalence of joint-related disorders, the aging population, and advancements in medical technology drive this market.

October 2022: LimaCorporate received USFDA approval for a new shoulder platform focused on the glenoid baseplate, and the humeral stem is fully 3D-printed. Using the patented Trabecular Titanium (TT) technology, this dental implant system aims to achieve strong primary fixation and successful secondary bone ingrowth. (Source: https://www.prnewswire.com/news-releases/limacorporate-announces-fda-) September 2022: Smith & Nephew PLC launched its OR3O dual mobility system for use in primary and revision hip arthroplasty in Japan. (Source:https://www.smith-nephew.com/en-in/news/2022/09/20/20220920-sn-launches-or3o-dual-mobility-system-in-japan)

Top Companies Market Share in Joint Repair Devices Industry: (In no particular order of Rank)

• Stryker
• Medtronic
• Zimmer Biomet
• DJO Global
• MicroPort Scientific Corporation
• Globus Medical
• Medacta
• Waldemar LINK
• ConforMIS
• Smith & Nephew
• NuVasive
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Joint Repair Devices Market

Which Region Dominates the Joint Repair Devices Market in 2024?

According to Cognitive Market Research, North America dominates the Joint Repair Devices Market due to several factors. The region boasts advanced healthcare infrastructure and high healthcare expenditure, facilitating the adoption of innovative medical technologies. Additionally, a growing aging population increases the prevalence of joint-related conditions, driving demand for joint repair devices. The presence of major market players and strong investment in research and development further bolsters market growth. Moreover, favorable reimbursement policies and widespread awareness about joint repair procedures contribute to the market's expansion. These combined factors make North America a leader in the Joint Repair Devices Market.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific is the fastest-growing region in the Joint Repair Devices Market due to its expanding healthcare infrastructure and increasing healthcare expenditure. Rapid urbanization and a growing middle-class population are driving higher demand for advanced medical treatments, including joint repair. Additionally, rising awareness about joint health and the availability of improved healthcare facilities contribute to market growth. The region's large aging population, prone to joint disorders, further fuels demand.

 

The current report Scope analyzes Joint Repair Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Joint Repair Devices

According to Cognitive Market Research, the global Joint Repair Devices market size was estimated at USD 24518.2 Millionout of which North America held the major market of more than 40% of the global revenue with a market size of USD 9807.28million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2%from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Joint Repair Devices market with a market size of USD 7737.94 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. The demand is amplified by the nation's increasing incidences of joint-related disorders and a growing geriatric population.
• The Canada Joint Repair Devices market had a market share of USD 1176.87 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Canada's growing geriatric population.
• The Mexico Joint Repair Devices market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 892.46 million in 2024.

Europe Joint Repair Devices

According to Cognitive Market Research, the global Joint Repair Devices market size was estimated at USD 24518.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 7355.46million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5%from 2024 to 2031

• The United Kingdom Joint Repair Devices market had a market share of USD 1235.72 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. In the UK, Joint Repair Devices sales witness an upswing due to the nation's rising aging population and increased healthcare spending.
• The France Joint Repair Devices market is projected to witness growth at a CAGR of 4.7% during the forecast period with a market size of USD 676.70 million in 2024.
• According to Cognitive Market Research, the Germany Joint Repair Devices market size was valued at USD 1456.38 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. In Germany, Joint Repair Devices sales surge due to the increased healthcare spending.
• The Italy Joint Repair Devices market is projected to witness growth at a CAGR of 4.9% during the forecast period with a market size of USD 632.57 million in 2024.
• The Russia Joint Repair Devices market is projected to witness growth at a CAGR of 4.5% during the forecast period with a market size of USD 1140.10 million in 2024.
• The Spain Joint Repair Devices market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 603.15 million in 2024
• The LuxembourgJoint Repair Devices market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 228.02 million in 2024.
• The PortugalJoint Repair Devices market is projected to witness growth at a CAGR of 5.3% during the forecast period with a market size of USD 154.46 million in 2024.
• The GreeceJoint Repair Devices market is projected to witness growth at a CAGR of 5.8% during the forecast period with a market size of USD 88.27 million in 2024.
• Rest of Europe Joint Repair Devices market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD 1140.10 million in 2024.

Asia Pacific Joint Repair Devices

According to Cognitive Market Research, the global Joint Repair Devices market size was estimated at USD 24518.2Million out of which Asia Pacific held the market ofaround23% of the global revenue with a market size of USD 5639.19million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0%from 2024 to 2031.

• According to Cognitive Market Research, the China Joint Repair Devices market size was valued at USD 2537.63 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Joint Repair Devices sales surge in China due to the increasing prevalence of joint disorders.
• The Japan Joint Repair Devices market is projected to witness growth at a CAGR of 7.5% during the forecast period with a market size of USD 778.21 million in 2024.
• The India Joint Repair Devices market had a market share of USD 676.70 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. The demand is augmented by India's increasing prevalence of joint disorders.
• The South Korea Joint Repair Devices market is projected to witness growth at a CAGR of 8.1% during the forecast period with a market size of USD 563.92 million in 2024.
• The Australia Joint Repair Devices market is projected to witness growth at a CAGR of 8.7% during the forecast period with a market size of USD 293.24 million in 2024.
• The South East Asia Joint Repair Devices market is projected to witness growth at a CAGR of 10.0% during the forecast period with a market size of USD 389.10 million in 2024.
• The Rest of Asia Pacific Joint Repair Devices market is projected to witness growth at a CAGR of 8.8% during the forecast period with a market size of USD 400.38 million in 2024.

South America Joint Repair Devices

According to Cognitive Market Research, the global Joint Repair Devices market size was estimated at USD 24518.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 1225.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4%from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Joint Repair Devices market size was valued at USD 524.69 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Joint Repair Devices sales flourish in Brazil due to the rising incidence of joint injuries and an expanding elderly population.
• Argentina Joint Repair Devices market had a market share of USD 205.95 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. Argentina's an expanding elderly population augments the demand.
• Colombia Joint Repair Devices market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 109.11 million in 2024.
• Peru Joint Repair Devices market is projected to witness growth at a CAGR of 6.6% during the forecast period with a market size of USD 100.52 million in 2024.
• Chile Joint Repair Devices market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD 88.27 million in 2024.
• The Rest of Latin America Joint Repair Devices market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD 197.37 million in 2024.

Middle East and Africa Joint Repair Devices

According to Cognitive Market Research, the global Joint Repair Devices market size was estimated at USD 24518.2 Million out of which Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD 490.36million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7%from 2024 to 2031.

• The GCC Countries Joint Repair Devices market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 209.88 million in 2024. Joint Repair Devices sales flourish due to the rising incidence of joint injuries and an expanding elderly population.
• The Egypt Joint Repair Devices market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 51.49 million in 2024.
• The South Africa Joint Repair Devices market is projected to witness growth at a CAGR of 7.7% during the forecast period with a market size of USD 77.48 million in 2024. Joint Repair Devices sales flourish in South Africa due to an expanding elderly population.
• The Turkey Joint Repair Devices market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 42.17 million in 2024.
• The Nigeria Joint Repair Devices market is projected to witness growth at a CAGR of 5.8% during the forecast period with a market size of USD 51.49 million in 2024.
• The Rest of MEA Joint Repair Devices market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 57.86 million in 2024.

Joint Repair Devices Market Analysis

Joint Repair Devices Market Joint Segment Analysis

According to Cognitive Market Research, Knee joint repair devices dominate the joint repair devices market due to the high prevalence of knee-related issues, such as osteoarthritis and injuries from sports or accidents. The knee is a weight-bearing joint, making it particularly susceptible to wear and tear. Additionally, the aging population and the rising incidence of obesity contribute significantly to the demand for knee repair solutions. Innovations in knee joint repair devices, such as advanced implants and minimally invasive surgical techniques, further drive their dominance by offering improved outcomes and faster recovery times.

Shoulder joint repair devices are experiencing the fastest growth in the joint repair devices market. This surge is driven by an increase in shoulder injuries, particularly rotator cuff tears, which are common among athletes and older adults. The growing awareness of the benefits of early intervention and advancements in arthroscopic surgical techniques contribute to this rapid growth. Moreover, the development of more durable and versatile shoulder implants has improved patient outcomes, encouraging more individuals to opt for surgical repairs and boosting the demand for these devices.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Joint Repair Devices Industry. Request a Free Sample PDF!

Joint Repair Devices Market Technique Segment Analysis

According to Cognitive Market Research, joint replacement emerges as the dominant category due to its widespread acceptance and proven effectiveness in treating severe joint damage. This technique, which involves replacing a damaged joint with a prosthesis, is highly regarded for its ability to restore mobility and alleviate pain in patients with advanced arthritis or traumatic injuries. The dominance of joint replacement is further supported by an aging population and the increasing prevalence of joint-related ailments, which drive the demand for this highly reliable and life-enhancing procedure.

The arthroscopy is the fastest-growing category in the Joint Repair Devices Market. This minimally invasive technique allows for the diagnosis and treatment of joint issues with reduced recovery times and lower risk of complications compared to traditional open surgeries. The rapid adoption of arthroscopy is fueled by technological advancements, which have made the procedure more accessible and effective. Additionally, the growing preference for less invasive options among patients and healthcare providers contributes to the accelerating growth of arthroscopy in the joint repair market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Joint Repair Devices End User Segment Analysis

According to Cognitive Market Research, hospitals and surgical centers dominate as the primary end-users. This dominance is attributed to their comprehensive facilities, advanced technological capabilities, and the presence of highly skilled medical professionals. These institutions are equipped to handle complex joint repair surgeries, providing a high volume of procedures and postoperative care. Moreover, hospitals and surgical centers are often the preferred choice for patients due to their integrated care systems and ability to manage potential complications, making them central to the market's operations.

The orthopedic clinics are experiencing the fastest growth among end-users in the Joint Repair Devices Market. This growth is driven by the increasing demand for specialized and personalized care in outpatient settings. Orthopedic clinics offer focused expertise in joint health, often providing quicker and more convenient access to treatment compared to larger hospital systems. Advances in medical technology and minimally invasive procedures have also enabled these clinics to perform a wider range of joint repair surgeries, contributing to their rapid expansion and rising popularity among patients seeking efficient and specialized care.

• Hospitals and Surgical Centers
• Orthopedic Clinics
• Trauma Centers & Ambulatory Surgical Centers
• Others

Author's Detail

Manjiri Kanhere

Senior Research Associate at Cognitive Market Research

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Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.

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