How big is the hip replacement market | Value, Segments & Trends 2025

Code: MTA6248 Publication Date: Jul 2025

How big is the Hip Replacement Market?

According to 6Wresearch internal database and industry insights, Global Hip Replacement Market was valued atUSD 25 Billion in 2024 and is expected to reachUSD 36.3 Billion by 2031, growing at acompound annual growth rate of 5.60% during the forecast period (2025-2031).

The growth is driven by the aging global population, increased cases of osteoarthritis and joint injuries, and technological advancements in orthopedic implants and minimally invasive surgeries.

Key Growth Drivers of the Hip Replacement Market

  • Rising geriatric population prone to hip fractures and joint disorders
  • Increasing prevalence of osteoarthritis, rheumatoid arthritis, and osteoporosis
  • Technological advancements in prosthetic designs and surgical techniques
  • Rising awareness and accessibility to joint replacement surgeries
  • Growing demand for minimally invasive and robot-assisted procedures

Hip Replacement Market Trends

There’s a growing shift toward ceramic-on-ceramic and metal-on-polyethylene implants for better longevity and reduced wear. Robotic and navigation-assisted surgeries are improving precision and outcomes. Outpatient and same-day discharge surgeries are also increasing in developed markets. Demand for customized and 3D-printed implants is rising, especially among younger patients.

Emerging Developments in the Hip Replacement Market

Key players are investing in AI-powered surgical planning, patient-specific implants, and biocompatible materials. Smart implants with sensors for real-time data collection and remote monitoring are under development. Hospitals are adopting enhanced recovery after surgery (ERAS) protocols to reduce costs and hospital stays. Partnerships between tech companies and orthopedic device makers are boosting innovation.

Major Companies in the Hip Replacement Market

  • Zimmer Biomet Holdings, Inc.
  • DePuy Synthes (Johnson & Johnson)
  • Stryker Corporation
  • Smith & Nephew plc
  • B. Braun Melsungen AG
  • Exactech, Inc.
  • Micro Port Scientific Corporation
  • Corin Group
  • Conformis, Inc.
  • Medacta International

How big is the hip replacement market : FAQs

The hip replacement market was valued at USD 25 billion in 2024 and is projected to reach USD 36.3 billion by 2031.
The market is expected to grow at a CAGR of 5.60% from 2025 to 2031.
Main procedures include total hip replacement, partial hip replacement, and hip resurfacing.
Rising aging population, joint diseases, and advancements in implant technology are key growth drivers.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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