The definitive source for orthopedic market intelligence, delivering essential insights tailored to the industry’s evolving needs. Available for individual purchase or as part of an annual ORTHOWORLD Membership—our most valuable option for ongoing access to trusted data and exclusive resources.
Global orthopedic sales reached $62 billion in 2024, growing 5% year-over-year as the industry continues its steady expansion. Our latest report delivers forward-looking insights, forecasting the market to approach $73 billion by 2028. This year, we spotlight how advancing technology is reshaping the competitive landscape in spine and joint replacement and how M&A priorities have evolved significantly since 2020.
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Volume and seasonality are normalizing but retain meaningful upside. We examine the factors and forecast the each segment through 2028.
The joint replacement market is benefitting from patient demographics and improving technology.
Enabling technology is changing the competitive landscape of spine and driving consolidation within the space.
Foot and ankle evolved into a highly competitive space while the market’s largest players refocused on core trauma.
Sports medicine remains an attractive segment with solid growth and ASC penetration but a volume-based procurement tenders looms in China.
The ubiquity and potential of orthobiologics have lead to significantly increased M&A activity in the segment since 2020.
Technology is exerting an outsized impact at the top of joint replacement and spine as companies seek to expand their ecosystems.
We cover the leading players and product segments through revenue figures and forecasts, along with discussions of growth drivers and challenges.
We also provide revenue estimates for dozens of smaller or privately held companies such as Acumed, Arthrex, Corin, Exactech, MTF Biologics, Skeletal Dynamics and Spinal Elements.
Orthopedic industry stakeholders from all types of businesses utilize components of this report to set strategy, prioritize actions and move their companies, their initiatives and their careers—forward.
Venture Capitalists
Financial Analysts
Device Companies
Suppliers
Consultants
Surgeons
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For those who need to dive deeper into the numbers or merge key data points into your internal worksheets, we’re pleased to bring you the Orthopedic Companies Sales Matrix. Click the link to learn more.
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