Hip Replacement Market Size, Share and Trends 2025 to 2034

Hip Replacement Market Size and Forecast 2025 to 2034

The global hip replacement market size was accounted for USD 6.67 billion in 2024 and is anticipated to reach around USD 11.23 billion by 2034, growing at a CAGR of 5.35% from 2025 to 2034. The demand for hip replacements is increasing due to the aging population, which is more likely to develop hip-related conditions.

Hip Replacement Market Key Takeaways

• The North America hit the highest revenue share of around 41% in 2024.
• By procedures, the total hip replacement segment has contributed revenue share in 2024.
• By material, the metal-on-polyethylene segment held a market share in 2024.
• By end user, the hospitals  segment captured the biggest market share in 2024.

What is the role of AI in the hip replacement market?

The emergence of technologies like Artificial Intelligence (AI) and Machine Learning (ML) in the healthcare industry is playing a transformative role in increasing medical outcomes.  Companies are widely adopting AI in imaging procedures like MRIs and X-rays, which enable customized results that can be used for a particular patient profile. Additionally, the emergence of robotic surgery is gaining global demand, which is helping the market by gaining more investments for advancements in these procedures. The adoption is widely being adopted by big-scale organizations, and it is anticipated to boost their ROI in the upcoming years.

On March 12, 2024, Orlando Health's George Haidukewych, MD, performed one of the first AI-assisted, patient-specific hip replacements, using AI-driven X-ray technology for precise surgical planning, implant placement, and post-op recovery optimization.

U.S. Hip Replacement Market Size and Growth 2025 to 2034

The U.S. hip replacement market size was exhibited at USD 2.73 billion in 2024 and is projected to be worth around USD 4.60 billion by 2034, growing at a CAGR of 5.87% from 2025 to 2034.

On the basis of geography development of hip replacement techniques with improved surgery in various regions with developed features in the operation increased the market rate. North America with highest market revenue share with improved technologies in the hip replacement surgery developed by the key market players.

Enhance infrastructures in health sector and improving orthopaedics sector with increased availability of the options for the hip replacements with higher adaption of the technology in surgical centres with increase in prevalence of the arthritis disorders among the geriatric population with increase in number of sports and increased participation from the young generation which led to increase in number of injuries led to fractures and many more. Which enhance the market growth of hip replacement with improved technologies.

Asia Pacific is anticipated to grow at the highest CAGR during the forecast period of 2025 to 2034. The growth of the region is attributed to the rising healthcare expenditure of countries like India, Japan, and China, which mainly focus on providing advanced healthcare services to citizens. The elderly population in countries like China is also the main factor that develops the need for hip replacements. Additionally, the increasing awareness regarding medical tourism will also make the Asia Pacific a popular option for other individuals, which will boost the market demand in the upcoming years. The hip replacement market is anticipated to grow rapidly due to the changing lifestyle patterns that are creating more joint-related issues among individuals.

Market Overview

The advance technologies developed in orthopaedics with improved results and rapid acceptance of the newly developed surgeries help to grow the market rate during the forecast period. Implantation process is carried out in hip joint called as prosthetic implant or a hip prosthesis. It is orthopaedic operation joining or replacement of the hip due to increased arthritis pain may be because of fracture in the bone or the ligament problem.

Hip replacement major goal is to relieve the arthritis pain with improved technology and new techniques introduced with less complications drives the market growth with increased functioning of the hip with increased efficiency of the surgery and increased performance with new developments. Implantation involved for surgery are mostly plastic, metal and ceramic.

Impact of Covid-19 largely affected the market with decreasing growth of the new solutions with increased technology and new techniques developed for performing the surgery. Decrease in rate of patients visiting to the orthopaedics having arthritis pain which led the market rate down with wide spread of virus and new rules imposed by the government in various regions such as lock down and led to shutdown of the industries, stop the production and manufacturing of the new developments. Post pandemic situation with increased rate of geriatric patients visiting the orthopaedics with increased arthritis pain and increased developments in surgeries involved in hip replacement which boost the market growth of hip replacement to a larger extend.

Hip Replacement Market Growth Factors

• The increasing awareness regarding the benefits of hip replacement is fueling the market growth, which increases the requirement for surgeries.
• Highly sedentary lifestyles are the major factor that is increasing obesity cases that lead to a higher risk of developing joint-related disorders.
• The increasing sports activities also acts as a major growth factor due to the sports injury incidences that require various surgeries like hip replacements.
• The increasing focus on the improvement of the healthcare infrastructure is boosting the demand for various equipment and medical procedures.

Market Scope

Market Dynamics

Key Market Drivers

According to projections from data collected by the Indian government, the country will have 56 million more elderly people by 2031. An aging population will lead to a higher incidence of bone-related conditions such as osteoarthritis and rheumatoid arthritis, which can severely affect the quality of life of individuals. This is attracting several investments from the government towards improving healthcare services, focusing on the geriatric population. The hip replacement market is growing at a higher CAGR due to the growth in hip replacement surgery techniques.

Increasing road accidents

The increasing number of road accidents and sports injuries globally due to high urbanization and health-conscious consumers is set to increase the number of patients with arthritis disorder, and increased surgery involved in hip replacement enhances the market growth of hip replacement. The increasing prevalence of rheumatoid disorder with increased requirements from medical experts and enhanced adoption of new technologies such as 3D printing is leading to higher demand from medical orthopedics experts with easy performing the surgery with implantation technologies developed drives the market growth of hip replacement

Restraint

Higher treatment costs

Improved technologies and new advanced features developed in surgery of hip replacements and some surgeries integrated with robotics systems with increased efficiency and reliability in operation with reduced time for surgery, and reduced complications led to the enhanced cost of the treatment in hip replacement. This is restraining the market growth in underdeveloped regions where individuals cannot afford these treatments due to low incomes, which hampers the overall market growth. Additionally, the limited finances also restrict the adoption of skilled professionals in these settings.

Key Market Opportunities

Increased government interest with increased policies

Enhance benefits and advantages with new technologies in hip replacement and integrating more technologies in orthopaedics sectors, which raise the market growth with increased demands from the consumers due to increased relief of arthritis pain and imposing the reimbursement policies from the government with increased investment in the medical sector so that every individual can take the benefit and experience the new technology developed in the market which enlarges the market to a larger extend.

•  For instance, In January 2025, the Manitoba government announced 800 additional hip and knee surgeries at Selkirk Regional Health Centre to reduce wait times and improve patient care.

Increasing R&D activities

The key market players are involved in launching new developments and continuously researching new developments in the market with increased performance, which enhances the market share of hip replacement. Increased investment from the key market players for innovations in surgery and expansion of the market growth during the forecast period. Improved functioning of the hip with surgery of hip replacement and reduced arthritis pain with improved efficacy, reliability, and predictability of the operations performed. Which enhances the results of hip replacement.

Product Type Insights

On the basis of product type, total replacement subsegment which propels the market of hip replacement with increased demands for the implantation involves with increased number of rheumatoid disorders among the population with rising road accidents, increasing sports with enhance participation from individuals led to injury and increase the arthroplasty market rate. Rapid technological acceptance from the medical sectors with increased integration such as robotic system established in performing the surgery in orthopaedics and improved results in hip replacement with increasing reimbursement policies imposed by the government and increasing the market revenue share to a larger extend.

Applications Insights

On the basis of application, the metal-on-metal with largest market share which help to enlarge the market growth of hip replacement with increased revision of the total hip replacement operation boost the market size. Complications and risk involved in the treatment after the surgery may hamper the market and low down the market rate during the forecast period. Wide range of applications of hip replacements with reduced arthritis pain and increased performance of hip replacement.

End User Insights

On the basis of end user, the ambulatory surgery centre having highest market revenue with increased value of the hip replacement in the market with increased demand from the medical expert with increasing number of patients with rheumatoid disorders and increase in arthritis pain with increasing sports initiative from the individuals led to increased number of fractures and ligaments problems with increasing number of surgery and operations with in less period of time and reduced complications and long lasting surgery, increased efficiency and efficacy from the surgery and improved relief with enhance benefits from the surgery performed drives the market of hip replacement to a larger extend.

Continuous research and development with increased technology and new techniques with robotics system integrated for performing the surgery with increased connectivity embedded system in surgical centres with techniques available in the medical sectors which propels the market growth.

Hip Replacement Market Companies

• B.Braun Melsungen
• Microport Scientific Corporation
• Conformis
• Gruppo Bioimpianti s.r.l
• Eaxctech, Inc
• Styker
• Smith & Nephew
• DePuy Synthes Companies
• Zimmer Biomet
• Athenahealth, Inc
• Peter Brehm GmbH
• Medacta International
• Integra Lifesciences Corporation
• Group FH Ortho communication
• Synergie Ingeniere Medicale
• Elite Surgical
• Corentec Co.,Ltd
• Arthrex, Inc
• Waldemer Link GmbH

Recent Developments

• In January 2025, Max Super Specialty Hospital in Delhi, India, performed its first Total Hip Replacement surgery using the INSIGNIA STEM implant. The surgery was executed with a customized solution focused on elderly patients with complex health conditions.
• In April 2024, researchers at the University of Missouri, in collaboration with Columbia University, secured an investment of $39 million from ARPA-H to develop NOVAJoint, a biologic knee joint replacement using living cells aimed at providing a permanent solution for osteoarthritis.

Segments Covered in the Report

By Product Type

• Primary hip reconstruction devices
  • Cemented primary hip reconstruction surgeries
  • Cementless primary hip reconstruction surgeries
• Partial hip reconstruction surgeries
  • Cemented partial hip
  • Cementless partial hip
• Hip resurfacing surgeries
• Revision hip reconstruction
• Total replacement

By Application

• Metal-on-metal
• Metal-on-polyethylene
• Ceramic-on-polyethylene
• Ceramic-on-metal
• Ceramic-on-ceramic

By End User

• Hospitals
• Speciality Clinics
• Ambulatory Surgery Centres

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)