The Numbers

Orthopedic Market Report

Orthopedic Market Size and Share

Global orthopedic sales totaled $62 billion in 2024, an increase of 5% compared to 2023. Read our regularly updated analysis of the orthopedic market, including sales forecasts for all segments, company revenue and insight into key trends.

Excluding its divested spinal implant business, Stryker's orthopedic sales grew double-digits in the second quarter of 2025.

Stryker Remains Strong in Fastest-Growing Segments

Excluding its divested spinal implant business, Stryker’s orthopedic sales grew double-digits in the second quarter of 2025.

The company's orthopedic business remains challenged by supply chain troubles, but BioBrace and foot and ankle have been bright spots.

CONMED Banking on Innovation to Stem Share Losses

The company’s orthopedic business remains challenged by supply chain troubles, but BioBrace and foot and ankle have been bright spots.

Stryker Remains Strong in Fastest-Growing Segments

Excluding its divested spinal implant business, Stryker’s orthopedic sales grew double-digits in the second quarter of 2025.

,
CONMED Banking on Innovation to Stem Share Losses

The company’s orthopedic business remains challenged by supply chain troubles, but BioBrace and foot and ankle have been bright spots.

,
Sports Medicine Market Trends in 2025

A look at sports medicine’s consolidation, news and acquisition activity, funding environment and upcoming innovation.

,
Shoulder Innovations Closes Convertible Notes Financing

Proceeds will primarily support continued commercialization of the company’s implants for total and reverse total shoulder arthroplasty, as well as new product development.

,
J&J MedTech Eyes New Launches to Bolster Competitiveness

The company’s orthopedic growth declined for the second consecutive quarter but new products are set to bolster second half performance.

,
Carlsmed Launches Initial Public Offering

Carlsmed is a commercial-stage medical technology company offering artificial intelligence-enabled personalized spine surgery solutions.

,
Shoulder Innovations Files for $100 Million IPO

The company offers implant systems for shoulder arthroplasty, as well as enabling technologies, instrument systems, support and surgeon-to-surgeon collaboration.

,
Globus Medical Remains Solid Performer Despite Recent Hurdles

Our chart of the month tracks Globus Medical’s quarterly pro forma growth since the beginning of 2023, showing its overall solid performance.

,
Amotio Secures Funding to Support Bone Cement Removal Technology

The company has developed a device to remove surgical cement during hip joint revision procedures.

,
Carlsmed Files Statement for Proposed Initial Public Offering

The company’s aprevo Technology Platform combines proprietary AI-driven software with patient-specific fusion devices to personalize surgical procedures, improve patient outcomes and reduce complications.

,
Mid-Tier Spine Companies Driving Above Market Growth

Despite the top-heaviness of the spine market, three mid-tier spine players are growing at an impressive rate.

,
HyperFlex Medical Secures $1.4 Million Investment

HyperFlex Bunion Correction realigns and stabilizes the 1st and 2nd metatarsals using a flexible implant, eliminating the need for bone cutting or fusion.

,
Three Mid-Tier Companies with Above-Market Growth

Current position, sales performance and recent developments for Treace Medical, Xtant Medical and BONESUPPORT.

,
See All AI Raises Funds for AI-based Visualization and Navigation

The platform transforms 2D C-arm fluoroscopic X-rays into navigable 3D volumes with 1mm cross-sectional slices, eliminating pre-operative CTs, MRIs, other scans or additional intraoperative imaging systems.

,
Accelus Secures New Growth Financing

The capital will support Accelus’s continued commercial growth and further development of its differentiated spinal implant technologies.

,

Contact Us

0