Global Hips & Knees Reconstructive Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Fixation Type;

Cement , Cementless and Hybrid.

By Type;

Hip Reconstruction, and Knee Reconstruction.

By End User;

Hospitals, Orthopaedic Clinics and Ambulatory Surgical Centres.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn144331742 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Hips & Knees Reconstructive Market (USD Million), 2021 - 2031

In the year 2024, the Global Hips & Knees Reconstructive Market was valued at USD 17,638.26 million. The size of this market is expected to increase to USD 21,496.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.9%.

The Global Hips & Knees Reconstructive Market is a crucial segment within the broader orthopedic medical device industry, focusing on the development and distribution of implants and surgical instruments for hip and knee reconstruction procedures. This market plays a pivotal role in addressing the growing demand for joint replacement surgeries driven by factors such as an aging population, rising prevalence of osteoarthritis, and increasing awareness about the benefits of joint reconstruction for improving mobility and quality of life. Hips and knees are among the most commonly affected joints by degenerative conditions, necessitating reconstructive interventions to restore functionality and alleviate pain.

Advancements in implant materials, surgical techniques, and minimally invasive procedures have revolutionized hip and knee reconstructive surgeries, leading to improved clinical outcomes and patient satisfaction. Manufacturers within the Global Hips & Knees Reconstructive Market are continuously innovating to develop implants that mimic the natural anatomy of the hip and knee joints, optimizing biomechanical performance and long-term durability. Additionally, the market is witnessing a shift towards patient-specific implants and personalized surgical approaches, leveraging technologies such as 3D printing and computer-assisted surgery to tailor treatments to individual patient anatomy and pathology.

As the demand for joint reconstruction procedures continues to rise globally, fueled by demographic shifts and advancements in medical technology, the Global Hips & Knees Reconstructive Market is poised for significant growth. However, challenges such as regulatory scrutiny, reimbursement issues, and pricing pressures remain prevalent in the industry. To navigate these challenges and capitalize on emerging opportunities, key players in the market are focusing on strategic partnerships, product innovation, and expansion into emerging markets. Overall, the Global Hips & Knees Reconstructive Market is integral to addressing the evolving needs of patients with degenerative joint diseases and advancing the field of orthopedic surgery.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Fixation Type
    2. Market Snapshot, By Type
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global Hips & Knees Reconstructive Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging Population
        2. Increasing Prevalence of Osteoarthritis
        3. Technological Advancements in Implant Design
        4. Growing Demand for Minimally Invasive Procedures
        5. Rising Awareness about Benefits of Joint Reconstruction
      2. Restraints
        1. Regulatory Hurdles and Compliance Requirements
        2. High Cost of Implant Surgeries
        3. Limited Reimbursement Coverage
        4. Complications Associated with Joint Replacement
        5. Shortage of Skilled Orthopedic Surgeons
      3. Opportunities
        1. Expansion into Emerging Markets
        2. Development of Patient-Specific Implants
        3. Adoption of Robotic-Assisted Surgery
        4. Focus on Value-Based Healthcare Models
        5. Strategic Collaborations and Partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hips & Knees Reconstructive Market, By Fixation Type, 2021 - 2031 (USD Million)
      1. Cement
      2. Cementless
      3. Hybrid
    2. Global Hips & Knees Reconstructive Market, By Fixation Type, 2021 - 2031 (USD Million)
      1. Hip Reconstruction
      2. Knee Reconstruction
    3. Global Hips & Knees Reconstructive Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Orthopaedic Clinics
      3. Ambulatory Surgical Centres
    4. Global Hips & Knees Reconstructive Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Smith & Nephew plc
      2. Medtronic plc
      3. Wright Medical Group N.V.
      4. Conformis, Inc.
      5. DJO Global, Inc.
      6. LimaCorporate S.p.A.
  7. Analyst Views
  8. Future Outlook of the Market