Orthopedic Surgical Instruments Market Report 2025 (Global Edition)

Global Orthopedic Surgical Instruments Market Report 2025 Market Size Split by Product (Spinal Cord Surgery Equipment, Knee & Hip Replacement Surgery Equipment, Shoulder Surgery Equipment, Other Ortho...

Orthopedic Surgical Instruments Market Report Description

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Orthopedic Surgical Instruments Market Insights Video

Competitive Landscape of the Orthopedic Surgical Instrument Market

The Orthopedic Surgical Instrument Market is highly competitive, with a mix of established global players and emerging companies driving innovation and growth. Key market participants such as Stryker Corporation, Zimmer Biomet, DePuy Synthes (a Johnson & Johnson company), and Smith & Nephew dominate the market, offering a broad portfolio of instruments that cater to various orthopedic procedures.

In June 2020, Aesculap, Inc., an industry leader in sterile processing and operating room solutions, is pleased to announce the availability of the next generation of surgical instrumentation with the launch of SQ. line Surgical Instruments. (Source: https://www.aesculapusa.com/en/company/news/aesculap-inc--announces-launch-of-sqline-surgical-instrument-portfolio.html) In March 2021, Boston Scientific announced that it has entered into a definitive agreement with an affiliate of Baring Private Equity Asia (BPEA) to acquire the global surgical business of Lumenis LTD., a privately held company that develops and commercializes energy-based medical solutions, for an upfront cash payment of $1.07 billion, subject to closing adjustments. (Source: https://news.bostonscientific.com/2021-03-03-Boston-Scientific-Announces-Agreement-To-Acquire-Lumenis-LTD-Surgical-Business-From-Baring-Private-Equity-Asia)

Top Companies Market Share in Orthopedic Surgical Instruments Industry: (In no particular order of Rank)

• Integra LifeSciences Holdings Corporation
• Johnson & Johnson
• ConMed Corporation
• Boston Scientific Corporation
• Fuhrmann GmbH
• B. Braun SE
• Entrhal Medical GmbH
• Medtronic plc
• KLS Martin Group
• Cousin Surgery LLC.
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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 Orthopedic Surgical Instrument Market

Which Region Dominates the Orthopedic Surgical Instrument Market in 2024?

According to Cognitive Market Research, North America dominates the Orthopedic Surgical Instrument Market due to a combination of advanced healthcare infrastructure, high prevalence of orthopedic conditions, and significant investment in research and development. The region is home to leading medical device manufacturers and a robust supply chain, facilitating rapid innovation and access to cutting-edge technologies.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific region is the fastest-growing market for orthopedic surgical instruments due to several factors, including a rapidly aging population, increasing incidence of orthopedic disorders, and rising healthcare expenditure. Countries like China and India are witnessing significant advancements in healthcare infrastructure, leading to improved access to surgical procedures and technologies.

The current report Scope analyzes Orthopedic Surgical Instruments 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, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Orthopedic Surgical Instruments Market Analysis

According to Cognitive Market Research, the global Orthopedic Surgical Instrument market size was estimated at USD 60284.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 24113.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Orthopedic Surgical Instrument market with a market size of USD 19025.79 million in 2024 and is projected to grow at a CAGR of 2.5% during the forecast period. The U.S. market's advancements in surgical techniques and the increasing prevalence of orthopedic disorders.
• The Canada Orthopedic Surgical Instrument market had a market share of USD 2893.66 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. Canada’s advancements in surgical techniques and the increasing prevalence of orthopedic disorders.
• The Mexico Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 2194.36 million in 2024.

Europe Orthopedic Surgical Instruments Market Analysis

According to Cognitive Market Research, the global Orthopedic Surgical Instrument market size was estimated at USD 60284.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 18085.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.

• The United Kingdom Orthopedic Surgical Instrument market had a market share of USD 3038.34 million in 2024 and is projected to grow at a CAGR of 3.8% during the forecast period. In the UK, Orthopedic Surgical Instrument sales witness an upswing due to the growing incidence of musculoskeletal conditions such as arthritis and osteoporosis.
• The France Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 1663.85 million in 2024.
• According to Cognitive Market Research, the German Orthopedic Surgical Instrument market size was valued at USD 3580.90 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. In Germany, Orthopedic Surgical Instrument surged due to the growing incidence of musculoskeletal conditions such as arthritis and osteoporosis.
• The Italy Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 2.4% during the forecast period, with a market size of USD 1555.34 million in 2024.
• The Russia Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD 2803.23 million in 2024.
• The Spain Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 2.1% during the forecast period with a market size of USD 1483.00 million in 2024
• The Luxembourg Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 560.65 million in 2024.
• The Portugal Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 379.79 million in 2024.
• The Greece Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 217.02 million in 2024.
• The Rest of Europe's Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 2803.23 million in 2024.

Asia Pacific Orthopedic Surgical Instruments Market Analysis

According to Cognitive Market Research, the global Orthopedic Surgical Instrument market size was estimated at USD 60284.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 13865.44 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Orthopedic Surgical Instrument market size was valued at USD 6239.45 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Orthopedic Surgical Instrument surged in China due to rising healthcare expenditure.
• The Japan Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 1913.43 million in 2024.
• The India Orthopedic Surgical Instrument market had a market share of USD 1663.85 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. India's rising healthcare expenditure.
• The South Korean Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 1386.54 million in 2024.
• The Australian Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 721.00 million in 2024.
• The South East Asia Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 956.72 million in 2024.
• The Rest of Asia Pacific Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 984.45 million in 2024.

South America Orthopedic Surgical Instruments Market Analysis

According to Cognitive Market Research, the global Orthopedic Surgical Instrument market size was estimated at USD 60284.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 3014.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Orthopedic Surgical Instrument market size was valued at USD 1290.09 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Orthopedic Surgical Instruments flourished in Brazil due to improving healthcare infrastructure.
• Argentina's Orthopedic Surgical Instrument market had a market share of USD 506.39 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Argentina's improving healthcare infrastructure.
• Colombia Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 268.27 million in 2024.
• Peru Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 247.17 million in 2024.
• Chile Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 217.02 million in 2024.
• The Rest of Latin America's Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 485.29 million in 2024.

Middle East Orthopedic Surgical Instruments Market Analysis

According to Cognitive Market Research, the global Orthopedic Surgical Instrument market size was estimated at USD 60284.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 1205.69 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031..

• The GCC Countries Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 516.04 million in 2024. Orthopedic Surgical Instrument sales flourish due to the rising healthcare investments.
• The Egypt Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 126.60 million in 2024.
• The South Africa Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 190.50 million in 2024. Orthopedic Surgical Instrument sales flourished in South Africa due to rising healthcare investments.
• The Turkey Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 103.69 million in 2024.
• The Nigeria Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 126.60 million in 2024.
• The Rest of the MEA Orthopedic Surgical Instrument market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 142.27 million in 2024.

Orthopedic Surgical Instruments Market Analysis

Orthopedic Surgical Instrument Market Product Segment Analysis

According to Cognitive Market Research, The Knee & Hip Replacement Surgery Equipment category remains the dominant segment within the orthopedic surgical instrument market. This dominance can be attributed to the rising prevalence of osteoarthritis and other degenerative joint diseases, which lead to an increased demand for surgical interventions.

The Spinal Cord Surgery Equipment category is emerging as the fastest-growing segment in the orthopedic surgical instrument market. This rapid growth is driven by the increasing incidence of spinal disorders, such as degenerative disc disease and spinal injuries, which necessitate surgical intervention.

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 Orthopedic Surgical Instruments Industry. Request a Free Sample PDF!

Orthopedic Surgical Instrument Market End user Segment Analysis

According to Cognitive Market Research, the hospitals stand out as the dominant end-user segment. This dominance is largely due to the comprehensive range of orthopedic services provided in hospital settings, including advanced surgical procedures and post-operative care. Hospitals are equipped with specialized facilities and experienced medical professionals, which are crucial for handling complex orthopedic surgeries.

Ambulatory Care Centers (ACCs) are emerging as the fastest-growing end-user segment in the orthopedic surgical instrument market. This growth can be attributed to the rising trend of outpatient surgeries, which offer patients the advantage of reduced hospital stays and lower healthcare costs. ACCs provide a more streamlined and efficient care experience, making them increasingly popular among patients and healthcare providers.

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

Author's Detail

Ashwini Moharir

Research Analyst at Cognitive Market Research

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Enthusiastic and analytical market research professional with 2 years of hands-on experience in tracking market trends, evaluating consumer behavior, and supporting strategic decision-making. Proficient in designing surveys, conducting interviews, and synthesizing insights from both primary and secondary sources. Successfully contributed to research projects across sectors such as retail, personal care, and industrial markets. Brings a keen eye for detail, strong data interpretation skills, and a passion for uncovering what drives markets forward. Comfortable working in fast-paced environments and collaborating across departments to deliver clear, actionable findings.

Author's Conclusion