HIP Replacement Devices Market, By Product Type, By Material, By Fixation Type, By End-User, By Country, and By Region – Global Industry Analysis, Market Size, Market Share & Forecast from 2025-2032

REPORT HIGHLIGHT

The HIP Replacement Devices Market size was valued at US$ 4,960.33 Million in 2024, expanding at a CAGR of 2.50% from 2025 to 2032.

Hip replacement devices are medical implants used to replace a damaged or arthritic hip joint, typically involving the femoral head and acetabulum. As the global population ages, the demand for hip replacement surgeries is increasing, with over 300,000 hip replacement surgeries performed annually in the United States alone. The rising prevalence of hip osteoarthritis, fractures, and lifestyle-related conditions is boosting the adoption of these devices. Additionally, technological advancements in hip implant materials and designs, such as the development of ceramic-on-ceramic and metal-on-metal bearings, are improving outcomes and increasing the adoption rate. However, high surgery and implant costs, coupled with complications such as implant failure and the risk of infection, remain significant challenges. In emerging markets, limited access to healthcare infrastructure and affordability issues may restrain the widespread adoption of hip replacement devices. On the opportunity front, the growing focus on minimally invasive procedures and the rising number of elderly populations in developed countries present significant growth potential for hip replacement device manufacturers, encouraging innovations and improvements in implant longevity and surgical techniques.

HIP Replacement Devices Market- Market Dynamics


Rising elderly population and technological advancements fueling growth in the hip replacement devices market

The rising elderly population and technological advancements are significantly driving the growth of the hip replacement devices market. According to the Centers for Disease Control and Prevention (CDC), more than 300,000 hip replacements are performed annually in the U.S., with the number expected to rise as the population ages. The World Health Organization (WHO) reports that the global population aged 60 and above is projected to double by 2050, leading to a higher incidence of hip osteoarthritis and fractures, which drives the demand for hip implants. Technological innovations, such as the development of advanced materials like ceramic-on-ceramic bearings and robotic-assisted surgeries, are also improving the outcomes and longevity of implants, thus enhancing patient satisfaction. Furthermore, countries like India are witnessing a growing demand for affordable hip replacements, and medical tourism is flourishing in regions offering cost-effective solutions. As healthcare infrastructure improves globally, particularly in developing countries, the market for hip replacement devices is set to expand, offering new opportunities for both established and emerging companies in the sector.

HIP Replacement Devices Market- Key Insights


As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 2.50% over the forecast period (2025-2032)
Based on product type segmentation, Total Hip Replacement (THR) was predicted to show maximum market share in the year 2024
Based on Material segmentation, Metal was the leading Material in 2024
Based on Fixation Type segmentation, Cemented Fixation was the leading Fixation Type in 2024
On the basis of region, North America was the leading revenue generator in 2024

HIP Replacement Devices Market- Segmentation Analysis:


The Global HIP Replacement Devices Market is segmented on the basis of Product Type, Material, Fixation Type, End-User, and Region.

The market is divided into four categories based on product type: Total Hip Replacement (THR), Partial Hip Replacement (PHR), Hip Resurfacing Implants, and Hybrid Hip Implants. Total Hip Replacement (THR) dominated the market, driven by its effectiveness in treating severe hip joint degeneration. Partial Hip Replacement (PHR) follows, offering less invasive options, while Hip Resurfacing and Hybrid Hip Implants cater to specific patient needs and preferences.

The market is divided into four categories based on Material: Metal, Ceramic, Polymer, and Composite Materials. Metal materials led the market due to their durability and strength in hip implants. Ceramic follows, offering improved wear resistance and reduced friction. Polymer materials provide flexibility, while composite materials combine multiple elements for enhanced performance, catering to diverse patient needs.

HIP Replacement Devices Market- Geographical Insights

The global hip replacement devices market exhibits diverse regional dynamics, each influenced by demographic trends, healthcare infrastructure, and economic factors. North America leads, with the United States accounting for a significant share due to its advanced healthcare system and high incidence of hip-related disorders. In 2021, over 2.6 million hip and knee arthroplasty procedures were performed in the U.S., with primary hip procedures comprising 37.3% of the total. Europe follows, driven by an aging population and robust healthcare infrastructure. Germany, the UK, and France are prominent markets, with increasing demand for personalized implants and advancements in surgical techniques. The Asia-Pacific region is experiencing rapid growth, particularly in China, Japan, and India, due to rising healthcare expenditure, medical tourism, and a growing elderly population. Latin America, notably Brazil and Argentina, shows potential, bolstered by increasing awareness and medical tourism opportunities. The Middle East and Africa are emerging markets, with countries like the UAE, Saudi Arabia, and South Africa investing in healthcare infrastructure to meet the rising demand for orthopedic procedures.

HIP Replacement Devices Market- Competitive Landscape:


The hip replacement devices market is characterized by intense competition among established global players and emerging innovators. Zimmer Biomet, DePuy Synthes (Johnson & Johnson), and Stryker Corporation hold substantial market shares, driven by their extensive product portfolios and global distribution networks. Zimmer Biomet's ROSA robotic systems, including the ROSA Hip, enhance surgical precision and have been integrated into over 300 installations as of 2020. Stryker's Mako SmartRobotics offers advanced robotic-arm assistance, gaining significant traction in joint replacement surgeries. Smith & Nephew, despite recent challenges, continues to innovate with products like the OR3O Dual Mobility System, introduced in India in 2023, aiming to improve implant stability and range of motion. Exactech, Inc. has made strides with its Spartan Stem and Logical Cup system, completing successful surgeries since 2022. Emerging companies like Hip Innovation Technology (HIT) are introducing novel solutions such as the Reverse Hip Replacement System, showcased at the 2024 AAOS meeting. The market's competitive dynamics are further influenced by advancements in robotic-assisted surgeries, with companies like Globus Medical and Medtronic entering the orthopedic surgical robotics space. These developments underscore the industry's focus on enhancing surgical outcomes and patient satisfaction.

Recent Developments:

In April 2025, JointMedica launched an IDE study for its Polymotion® Hip Resurfacing (PHR®) device, designed for younger, active patients. The study will evaluate the safety and effectiveness of this bone-conserving implant at seven clinical sites, offering a metal-on-plastic alternative to traditional hip replacements.
In January 2025, Stryker launched the Insignia Hip Stem in India, designed for enhanced patient fit and surgeon ease in hip replacement procedures. Compatible with Mako SmartRobotics, it offers personalized, data-driven implantation and features innovative design elements for improved patient outcomes.
In January 2025, A J Hospital and Research Centre launched Smith+Nephew’s advanced robotic joint replacement technology, enabling highly precise hip, total knee, and partial knee surgeries. This system uses 3D imaging and real-time navigation for personalized procedures, improved outcomes, faster recovery, and minimal tissue damage.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL HIP REPLACEMENT DEVICES MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS

Aesculap (B. Braun)
B. Braun Melsungen
Corin Group
DJO Global
Exactech
FH Ortho
Johnson & Johnson (DePuy Synthes)
LimaCorporate
Medtronic
MicroPort Scientific Corporation
Osaka Medical Co., Ltd.
Smith & Nephew
Stryker Corporation
Waldemar LINK GmbH & Co. KG
Wright Medical Group
Zimmer Biomet
Others

GLOBAL HIP REPLACEMENT DEVICES MARKET, BY PRODUCT TYPE- MARKET ANALYSIS, 2019 - 2032

Total Hip Replacement (THR)
Partial Hip Replacement (PHR)
Hip Resurfacing Implants
Hybrid Hip Implants

GLOBAL HIP REPLACEMENT DEVICES MARKET, BY MATERIAL- MARKET ANALYSIS, 2019 - 2032

Metal
Ceramic
Polymer
Composite Materials

GLOBAL HIP REPLACEMENT DEVICES MARKET, BY FIXATION TYPE- MARKET ANALYSIS, 2019 - 2032

Cemented Fixation
Cementless Fixation
Hybrid Fixation

GLOBAL HIP REPLACEMENT DEVICES MARKET, BY END-USER- MARKET ANALYSIS, 2019 - 2032

Hospitals
Orthopedic Centers
Ambulatory Surgical Centers

GLOBAL HIP REPLACEMENT DEVICES MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032

North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Sweden
Russia
Poland
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Thailand
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
UAE
Israel
Turkey
Algeria
Egypt
Rest of MEA Show more