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.

ATEC Launches PTP Corpectomy, The Next Evolution of Lateral Approach Surgery

Spine M&A Ticks Up As Market Evolves

Our chart of the month tracks spine M&A activity over the last decade, including the seven deals done so far in 2025.

Aurora Spine, Carlsmed and Shoulder Innovations are innovative companies with exciting growth opportunities as the orthopedic market evolves.

3 Smaller Companies with Compelling Growth Opportunities

Aurora Spine, Carlsmed and Shoulder Innovations are innovative companies with exciting growth opportunities as the orthopedic market evolves.

Spine M&A Ticks Up As Market Evolves

Our chart of the month tracks spine M&A activity over the last decade, including the seven deals done so far in 2025.

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3 Smaller Companies with Compelling Growth Opportunities

Aurora Spine, Carlsmed and Shoulder Innovations are innovative companies with exciting growth opportunities as the orthopedic market evolves.

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State of the Trauma Market 2025

A look at the current state of the foot and ankle market, the growth of core trauma and ways that smaller players are leveraging niche subsegments.

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Orthopedic IPO Window Cracks Open for First Time in Years

We look at the recent initial public offerings by Carlsmed and Shoulder Innovations, the first orthopedic IPOs in a number of years.

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restor3d Announces Strategic Investment Partner

Under the agreement, Partners Group will acquire a significant minority stake in restor3d and provide $65 million of new equity.

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ODI Secures Funding From Orlando Health Innovation Center

The funding will accelerate ODI’s development of a fully integrated imaging platform for orthopedic surgery.

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Medtronic Spine Share Protected by Tech Moat

The company’s spine business grew in the mid-single-digits and extended its lead in placing enabling technology systems.

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Anika Makes Progress in Refocusing Business on HA Expertise

The company’s orthopedic sales declined in the high-single digits in the second quarter of 2025, but saw strong growth in regenerative.

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Zimmer Biomet Seeks to Unlock U.S. Recon Performance

Our chart of the month tracks Zimmer Biomet’s U.S. knee replacement and hip replacement sales over the last decade.

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Treace Medical Hits Strategic Milestone for Portfolio

The company grew in the mid-single digits in the second quarter of 2025 and now has a full arsenal of bunion treatment systems.

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Enovis to Double Down on Enabling Tech Under New CEO

The company drove high-single-digit growth in the second quarter of 2025 and plans to focus more on enabling technology innovation.

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Globus Integrates Nevro Amid Ongoing Headwinds

Excluding contributions from newly-acquired Nevro, Globus grew in the low single digits for the second quarter and first half of 2025.

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Zimmer Biomet Sees Optionality as Pathway to Robotics Leadership

The company grew in the high single digits in the second quarter of 2025, with a significant portion of growth coming from Paragon 28.

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Orthopedic Companies Report Results from Second Quarter 2025

Stay up to date on the orthopedic market’s 2Q performance in 2025 as we update this post with company sales data and industry developments.

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Smith+Nephew Turns Corner in Ortho Recovery

The company grew in the mid-single-digits amid steadily improving performance, operations and new product uptake.

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