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.

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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Smith+Nephew Faces Crucial Test in 2025

Smith+Nephew’s 12-Point Plan is working and driving improved performance for the company. But is it working fast enough?

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OSSTEC Raises Funding of £2.5 Million

OSSTEC has developed 3D-printing technology to mimic cartilage articulating surfaces and bone-fixing structures. Its first product can be applied in less-invasive knee implants to stimulate bone growth.

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restor3d Secures $38 Million in Growth Capital

The investments will support continued growth and the launch of four 3D-printed product lines in 2025 and 2026.

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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.

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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.

,
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.

,
Smith+Nephew Faces Crucial Test in 2025

Smith+Nephew’s 12-Point Plan is working and driving improved performance for the company. But is it working fast enough?

,
OSSTEC Raises Funding of £2.5 Million

OSSTEC has developed 3D-printing technology to mimic cartilage articulating surfaces and bone-fixing structures. Its first product can be applied in less-invasive knee implants to stimulate bone growth.

,
restor3d Secures $38 Million in Growth Capital

The investments will support continued growth and the launch of four 3D-printed product lines in 2025 and 2026.

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Eventum Orthopaedics Raises £3.8 Million

Eventum provides the QuadSense device that helps surgeons precisely cut and place the kneecap in total knee replacements.

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