Hip Replacement Market Set to Reach $10.24 Billion by 2033

According to Renub Research Latest Report hip replacement market is projected to grow significantly in the coming decade, reaching an estimated US$ 10.24 billion by 2033 from US$ 6.92 billion in 2024, at a compound annual growth rate (CAGR) of 4.45% between 2025 and 2033. The growth is driven by rising incidences of osteoarthritis and degenerative joint diseases, advancements in surgical techniques, and growing adoption of minimally invasive procedures. Technological innovations in implant materials and increased healthcare access further support market expansion worldwide.

Understanding Hip Replacement

Hip arthroplasty, commonly known as hip replacement, is a surgical procedure where a damaged hip joint is replaced with an artificial prosthetic, comprising a femoral head (ball) and acetabulum (socket). This procedure is indicated for patients suffering from osteoarthritis, rheumatoid arthritis, fractures, or avascular necrosis, which cause chronic pain, reduced mobility, and compromised quality of life.

Hip replacement can be classified as:

Total Hip Replacement: Both femoral head and acetabulum are replaced.

Partial Hip Replacement: Only the femoral head is replaced.

The primary goals of hip arthroplasty include pain reduction, improved joint function, and enhanced mobility. Patients unresponsive to conservative treatments such as medication, physical therapy, or lifestyle modification are the primary candidates for this procedure. With the advent of minimally invasive techniques and durable prosthetic materials, hip replacement now offers sustainable pain relief and significant improvements in daily living activities.

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Key Growth Drivers

Surge in Osteoarthritis and Aging Population

Osteoarthritis is the leading cause of hip joint degeneration, with cartilage deterioration increasing pain, stiffness, and mobility issues. As the global population ages, the number of individuals requiring hip replacements continues to rise, making osteoarthritis a primary growth driver for the market.

According to the World Health Organization, the proportion of people over 60 is expected to double by 2050, creating a robust demand for hip replacement surgeries. The increased prevalence of joint disorders in the elderly accelerates market adoption, particularly in developed countries with advanced healthcare infrastructure.

Advancements in Implant Technology

Innovations in implant materials and designs have significantly enhanced durability, biocompatibility, and joint functionality. Materials such as ceramic, metal alloys, and highly cross-linked polyethylene have extended the lifespan of prosthetic components.

Modern implants facilitate better joint mobility, reduce the risk of complications, and improve overall patient satisfaction. The ongoing research in bioactive coatings, modular prosthetics, and 3D-printed implants further supports the adoption of hip replacement procedures.

Minimally Invasive Surgical Techniques

Minimally invasive hip replacement has become increasingly popular due to its smaller incisions, reduced infection risk, faster recovery, and shorter hospital stays. These advantages appeal to both patients and healthcare providers, promoting quicker rehabilitation and reduced healthcare costs.

The adoption of robotic-assisted surgeries and computer-navigated procedures further enhances precision and reduces postoperative complications, driving demand for advanced hip replacement solutions.

Market Challenges

High Cost of Surgery and Implants

The high cost of hip replacement surgery and prosthetic implants remains a key barrier. Advanced materials and minimally invasive technologies are expensive, making the procedure less accessible for patients without adequate insurance coverage. Postoperative rehabilitation and follow-up care add further costs, limiting accessibility in developing regions.

Risk of Complications and Implant Failure

Despite technological advancements, hip replacement carries risks including infection, blood clots, and implant failure. Wear or loosening of prosthetic components may require revision surgery, affecting both patient outcomes and healthcare costs. Mitigating these risks remains a critical challenge for market stakeholders.

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Market Segmentation

By Product:

Total Hip Replacement

Partial Hip Replacement

Revision Hip Replacement

By End-User:

Hospitals & Surgery Centers

Orthopedic Clinics

Others

By Geography:

North America: U.S., Canada

Europe: France, Germany, Italy, Spain, U.K., Belgium, Netherlands, Turkey

Asia Pacific: China, Japan, India, South Korea, Thailand, Malaysia, Indonesia, Australia, New Zealand

Latin America: Brazil, Mexico, Argentina

Middle East & Africa: Saudi Arabia, UAE, South Africa

Rest of World

Regional Insights

United States

The U.S. market is growing impressively due to high incidences of osteoarthritis and hip injuries among the elderly. Advances in surgical procedures and prosthetic materials reduce recovery time and improve outcomes. Insurance coverage and higher healthcare spending further increase adoption. Key players continue to develop innovative implants and expand outpatient services, positioning the U.S. as a global leader in hip replacement.

France

In France, the geriatric population and osteoarthritis prevalence are primary drivers. Innovation in implant materials, increased awareness of treatment options, and well-developed healthcare infrastructure support market growth. Government policies and reimbursement frameworks enhance accessibility, while minimally invasive techniques and outpatient care options further boost adoption.

India

India’s hip replacement market is rapidly expanding, driven by rising cases of osteoarthritis, rheumatoid arthritis, and traumatic hip injuries. Affordable implant options and improved healthcare infrastructure increase accessibility. The growth of medical tourism and government support for low-cost healthcare also propel market expansion. However, limited access in rural areas remains a challenge.

Saudi Arabia

The Saudi Arabian market is emerging strongly, supported by a growing aging population and healthcare investments. Advanced implant materials and minimally invasive procedures enhance recovery and outcomes. Government initiatives to modernize healthcare infrastructure and rising awareness of hip replacement procedures further boost market growth, despite high costs and limited specialized centers in rural areas.

Orthopedic Clinics and Total Hip Replacement

Orthopedic clinics are increasingly becoming specialized centers for joint replacement procedures, offering individualized care and cutting-edge minimally invasive techniques. Clinics adopt advanced implant technology, reducing recovery times and improving patient satisfaction. The increasing prevalence of hip disorders such as avascular necrosis and osteoarthritis makes these clinics critical contributors to market expansion.

Total hip replacement, which replaces both the femoral head and acetabulum, is gaining popularity due to long-term pain relief and improved mobility. Innovations in ceramic and metal-on-polyethylene implants enhance durability and biocompatibility, boosting outcomes and adoption globally.

Competitive Landscape

The hip replacement market is highly competitive, with major players focusing on innovation, market expansion, and strategic collaborations. Key market participants include:

Smith & Nephew PLC

Johnson & Johnson

Zimmer Biomet

Stryker

B. Braun Melsungen AG

Integra LifeSciences Corporation

Globus Medical Inc.

MicroPort Scientific Corporation

Conformis Inc.

These companies continue to invest in R&D, launch new implant designs, and expand surgical solutions to meet the growing demand for hip replacement procedures worldwide.

Outlook

The hip replacement market is poised for steady growth through 2033, supported by:

Rising osteoporosis and osteoarthritis prevalence

Increasing global aging population

Continuous advancements in prosthetic materials and surgical techniques

Expansion of minimally invasive procedures

Rising awareness and healthcare access in emerging markets

As technology continues to evolve, hip replacement procedures are expected to become more accessible, safer, and cost-effective, ultimately improving the quality of life for millions of patients suffering from hip joint disorders globally.

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