The Numbers

Orthopedic Market Report

Orthopedic Market Size and Share

Global orthopedic sales totaled $59 billion in 2023, an increase of 6.5% compared to 2022. Read our regularly updated analysis of the orthopedic market, including sales forecasts for all segments, company revenue and insight into key trends.

Stay up to date on the orthopedic market's 2Q performance in 2024 as we update this post with company sales data and industry developments.

Orthopedic Companies Report Results for Second Quarter 2024

Stay up to date on the orthopedic market’s 2Q performance in 2024 as we update this post with company sales data and industry developments.

The U.S. remains the world's largest orthopedic market by revenue, but companies see significant opportunities for international growth.

Top Orthopedic Companies See Significant International Opportunities

The U.S. remains the world’s largest orthopedic market by revenue, but companies see significant opportunities for international growth.

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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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.

,
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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