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.

Novo Holdings and TA Associates partner with Biocomposites to drive next chapter of its growth

Orthopedic Companies Report Results from First Quarter 2025

Stay up to date on the orthopedic market’s 1Q performance in 2025 as we update this post with company sales data and industry developments.

The company faced market softness, supply issues and international order timing lumpiness as it declined in the low single digits.

Globus Medical Slowed by Multiple Issues in First Quarter

The company faced market softness, supply issues and international order timing lumpiness as it declined in the low single digits.

Orthopedic Companies Report Results from First Quarter 2025

Stay up to date on the orthopedic market’s 1Q performance in 2025 as we update this post with company sales data and industry developments.

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Globus Medical Slowed by Multiple Issues in First Quarter

The company faced market softness, supply issues and international order timing lumpiness as it declined in the low single digits.

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Bioventus Executes in Face of Challenging Comps and One-Time Items

The company’s orthopedic sales grew 6% in the first quarter of 2025 on the strength of DUROLANE and Exogen.

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SI-BONE Starts Year Strong with Record Physician Base

The company grew nearly 25% in the first quarter of 2025 as its physician user base reached record levels.

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Orthofix Distributor Transition Aimed at Unlocking Growth

The company grew in the low single digits for 1Q25 due to one less selling day and distributor team transitions.

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Zimmer Biomet Reconfigures US Channel for Future Growth

The company grew in the low single digits in the first quarter of 2025 and it retools its U.S. sales channel.

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ATEC Sees Chance to Run the Table in Spine

The company grew more than 20% in the first quarter of 2025 as it seeks to cement itself as the largest pure-play spine company.

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Stryker Maintains Execution and Growth Edge in Q1

The company maintained its exceptional pace of orthopedic growth during the first quarter of 2025 driven by execution and robotic procedures.

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Smith+Nephew Q1 Performance Highlighted by Robotics and Trauma

The company grew in the low single digits in the first quarter of 2025 as it incrementally improves its performance.

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CONMED Makes Progress on Supply Chain in Q1

The company’s orthopedic sales grew in the low single digits in the first quarter as it attempts to improve its supply chain.

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Voom Medical Devices Closes $30 Million Capital Raise

Voom has developed Bunionplasty 360 Repair, featuring the Revcon Anchor Single-Screw solution combined with patented & patent-pending surgical techniques.

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J&J MedTech Starts Slow in 2025, Eyes Second Half

One-time events and competitive pressures created a slower start to 2025 for J&J MedTech’s orthopedic sales.

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Smith+Nephew Faces Crucial Test in 2025

Smith+Nephew’s 12-Point Plan is working and driving improved performance for the company. But is it working fast enough?

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OSSTEC Raises Funding of £2.5 Million

OSSTEC has developed 3D-printing technology to mimic cartilage articulating surfaces and bone-fixing structures. Its first product can be applied in less-invasive knee implants to stimulate bone growth.

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restor3d Secures $38 Million in Growth Capital

The investments will support continued growth and the launch of four 3D-printed product lines in 2025 and 2026.

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