Hip Replacement Market Report 2026

The hip replacement market size has grown strongly in recent years. It will grow from $7.71 billion in 2025 to $8.16 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to increasing prevalence of osteoarthritis, aging global population, improved access to orthopedic surgery, expansion of hospital surgical capacity, advancements in implant design.

The hip replacement market size is expected to see strong growth in the next few years. It will grow to $10.42 billion in 2030 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to increasing adoption of robotic-assisted surgeries, rising demand for personalized orthopedic implants, expansion of outpatient joint replacement procedures, growing focus on faster patient recovery, increasing investments in orthopedic innovation. Major trends in the forecast period include increasing adoption of minimally invasive hip replacement procedures, rising use of advanced implant materials, growing demand for revision surgeries, expansion of robotic-assisted orthopedic surgery, enhanced focus on post-surgical outcomes.

The rising incidence of hip injuries is expected to drive the growth of the hip replacement market in the coming years. Hip injuries occur when muscles supporting the hip joint are overstretched or damaged. Individuals with arthritis, avascular necrosis, or other forms of hip joint deterioration often experience pain and stiffness that may require hip replacement surgery. For example, in August 2024, according to the National Library of Medicine, a US-based government agency, annual hip injury incidences are projected to range between 3 and 11 million by 2030 and could rise to 5 to 21 million by 2050, depending on various assumptions. This increasing prevalence is fueling demand in the hip replacement market.

Leading companies in the hip replacement market are focusing on innovative products such as dual mobility systems to enhance performance and patient outcomes. A dual mobility system is an artificial hip joint designed to reduce the risk of dislocation, particularly in patients with previous hip dislocations, weak hip capsules, or those undergoing revision surgeries. For instance, in August 2023, Smith & Nephew plc, a UK-based medical equipment manufacturer, launched the OR3O dual mobility system. The system features simplified acetabular cup selection, easy liner insertion and removal, and incorporates a highly cross-linked polyethylene insert with an oxidized, diffusion-hardened zirconium acetabular liner (OR3O liner). This is the first system to utilize the advanced OXINIUM DH bearing technology, offering enhanced stability and redefining total hip bearing solutions.

In May 2023, Zimmer Biomet Inc., a US-based medical device company, acquired Ossis for an undisclosed amount. This acquisition allows Zimmer Biomet to expand its footprint in the 3D-printed implant sector, strengthen its innovative product portfolio, accelerate adoption of advanced orthopedic solutions, and enhance capabilities in personalized musculoskeletal care. Ossis Inc., based in New Zealand, specializes in 3D-printed orthopedic implants, including hip replacement implants.

Major companies operating in the hip replacement market are Johnson & Johnson, Stryker Corporation, Smith & Nephew PLC, B. Braun Melsungen AG, ConforMIS Inc., Exactech Inc., MicroPort Scientific Corporation, Zimmer Biomet Holdings Inc., Corin Group PLC, Gruppo Bioimpianti S.R.L., Integra LifeSciences, Medacta International, Merete GmbH, MicroPort Orthopedics Inc., DJO Global Inc., Waldemar Link GmbH & Co. KG, Peter Brehm GmbH, Synimed Synergie Ingénierie Médicale S.A.R.L., Elite Surgical Industries, Corentec Co. Ltd., FH Ortho S.A.S.

North America was the largest region in the hip replacement market in 2025.Asia-Pacific is expected to be the fastest-growing region in the global hip replacement market report during the forecast period. The regions covered in the hip replacement market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hip replacement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Tariffs are impacting the hip replacement market by increasing costs of imported orthopedic implants, surgical instruments, robotic systems, and medical-grade metals and ceramics. Hospitals and specialty orthopedic centers in North America and Europe are most affected due to reliance on imported implant components, while Asia-Pacific faces higher manufacturing input costs. These tariffs contribute to increased procedure costs and reimbursement challenges. However, they are also encouraging regional implant manufacturing, localized supply chains, and innovation in cost-effective orthopedic solutions.

The hip replacement market research report is one of a series of new reports that provides hip replacement market statistics, including hip replacement industry global market size, regional shares, competitors with a hip replacement market share, detailed hip replacement market segments, market trends and opportunities, and any further data you may need to thrive in the hip replacement industry. This hip replacement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Hip replacement is a surgical procedure in which an orthopedic surgeon removes damaged components of the hip joint and replaces them with artificial implants. This procedure helps relieve hip pain and stiffness caused by conditions such as arthritis, avascular necrosis, or other joint disorders.

The main types of hip replacement procedures include total hip replacement, partial hip replacement, revision hip replacement, and hip resurfacing. Hip hemiarthroplasty specifically involves removing and replacing the femoral head to treat certain femoral neck fractures. Implant materials commonly used include metal-on-metal, metal-on-polyethylene, ceramic-on-polyethylene, ceramic-on-metal, and ceramic-on-ceramic. These procedures are performed across various settings, including hospitals, specialty clinics, and ambulatory surgery centers.

The hip replacement market includes revenues earned by entities by partial hip replacement, hip revision surgery, hip arthroplasty, hip resurfacing, minimally invasive hip surgery, posterior hip replacement, and anterior hip replacement approaches. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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