Bone Implant Market Research Report – Forecast to 2027

Bone Implant Market: Information by Biomaterial (Metal and Others), Product (Orthopedic Screws, Orthopedic Plates, and Others), Application (Hip Orthopedic Implants and Others), Device (External and Internal), and End-User– Forecast Till 2027

ID: MRFR/MED/4830-HCR | | Region: Global | 100 Pages         

Bone Implant Market Speak to Analyst Request a Free Sample

Bone Implant Market Scenario

The bone implant market is expected to grow during the forecast period 2022-2030 at a CAGR ~6.8%. Bone implants are used to heal bone fractures or as fillers and scaffolds to facilitate the bone formation. Bone implants are surgically placed into the body and designed to restore the function by replacing or reinforcing a damaged structure. The rapid growth in aged population, increasing number of orthopedic surgeries, and rising occurrences of sports-related injuries are expected to drive the growth of the market. Moreover, rising R&D spending and aggressive strategies adopted by top players such as new product launches are contributing to the growth of the bone implant market. For instance, in May 2018, NN Inc. acquired Paragon Medical for USD 375 million. Paragon Medical is a medical device manufacturer which focuses on orthopedics, case and tray, and implant and instrument markets. The acquisition supports NNs Inc.’s strategy to grow its life science revenue and positions NN Inc. as one of the ten largest contract manufacturers in orthopedics.

The rising cost of orthopedic surgeries, the high price of bone implant products, corrosion and instability of bioimplants, and stringent government policies may hinder the growth of the market during the assessment period.


The bone implant market has been segmented on the basis of biomaterial, product, application, device, and end-user.

On the basis of biomaterial, the market has been classified as metals, ceramics, and polymers. The metal segment has been further divided into titanium, stainless steel, cobalt chromium alloy, gold alloys, and Tantalum. The ceramics segment has been further divided into alumina, hydroxyapatite, beta-tricalcium, phosphate, carbon, bioglass, zirconia, and zirconia-toughened alumina. The polymers segment has been classified into polymethylmethacrylate, polytetrafluoroethylene, polyethylene, polysulfone, polyurethane, and polyether ether ketone.

The market, by products, is divided into orthopedic screws, orthopedic plates, interlocking nails (rods), and others. The market, by application, has been classified into hip orthopedic implants, knee orthopedic implants, spine orthopedic implants, dental orthopedic implants, and others.

The market, by device, is divided into external fixators and internal fixators.

The market, by end-user, has been segmented into orthopedic clinics, hospitals, and others.

The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The bone implant market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.

The European bone implant market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.

The bone implant market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The market in the Middle East and Africa has been segmented into the Middle East and Africa.

Regional Market Summary

Global Bone Implant Market Share, by Region, 2017 (%)

Bone Implant Market Share

Source: MRFR Analysis

The Americas is likely to dominate the bone implant market. The rising occurrence of osteoarthritis and osteoporosis in the aging population, increase in the number of surgical procedures, the presence of a well-established healthcare system, growing prevalence of sports injuries, and adoption of highly advanced technology are contributing to the growth of the market. According to the Annual Report of the American Joint Replacement Registry (AJRR), 860,080 hip and knee replacement procedures from 4,755 surgeons at 654 institutions were conducted in 2017.

The European market is expected to be the second-largest bone implant market. The market growth in this region can be attributed to the rising prevalence of orthopedic diseases. Moreover, the increasing demand for orthopedic implants and spinal treatment devices during the forecast period are contributing to the growth of the market in this region. Major players are adapting inorganic growth policies to expand their portfolio. For instance, Stryker Corporation, a major player in the orthopedic market acquired Vexim for USD 215 million in 2017. Vexim offers spine related products, which helped Stryker Corporation to capture the new segment.

Asia-Pacific is expected to be the fastest-growing bone implant market during the forecast period owing to the increasing prevalence of medical tourism, orthopedic diseases along with bone-related issues, and rising investments in healthcare and expansions by market players in the region. Asia-Pacific is anticipated to show significant growth from 2022 to 2030

The market in the Middle East and Africa is expected to account for the smallest share of the bone implant market due to an underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.

Key Players

Some of the key players in the bone implant market are Depuy Synthes Inc. (Johnson & Johnson), Globus Medical, Inc., NuVasive, Inc., Smith & Nephew plc. , Stryker Corporation, Zimmer Biomet Holdings, Inc., Integra LifeSciences Holdings Corporation, Medtronic, plc, The Orthopedic Implant Company, Wright Medical Group N.V., Aesculap Implant Systems, BioTek Instruments, Inc., Conmed Corporation, Arthrocare Corporation, and others.

The Market of Bone Implant, by Biomaterial

  • Metals

    • Titanium

    • Stainless Steel

    • Cobalt Chromium Alloy

    • Gold Alloys

    • Tantalum

  • Ceramics

    • Alumina

    • Hydroxyapatite

    • Beta-Tricalcium phosphate

    •  Bioglass

    • Carbon

    • Zirconia

    • Zirconia-toughened alumina

  • Polymers

    • Polymethylmethacrylate

    • Polytetrafluoroethylene

    • Polyethylene

    • Polysulfone

    • Polyurethane

    • Polyether ether ketone

The Market of Bone Implant, by Product

  • Orthopedic Screws

  • Orthopedic Plates

  • Interlocking Nails (Rods)

  • Others

The Market of Bone Implant, by Application

  • Hip Orthopedic Implants

  • Knee Orthopedic Implants

  • Spine Orthopedic Implants

  • Dental Orthopedic Implants

  • Others

The Market of Bone Implant, by Device

  • External fixators

  • Internal fixators

The Market of Bone Implant, by End-User

  • Orthopedic clinics

  • Hospitals

  • Others

The Market of Bone Implant, by Region

  • Americas

  • North America

  • US

  • Canada

  • South America

  • Europe

  • Western Europe

  • Germany

  • France

  • Italy

  • Spain

  • UK

  • Rest of Western Europe

  • Eastern Europe

  • Asia-Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Middle East

  • Africa

Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

Bone Implant Market is projected to grow at an 6.8% CAGR between 2022-2030.

The Americas is expected to lead the Bone Implant Market.

It is widely used as dental orthopedic implants, spine orthopedic implants, hip and knee orthopedic implants, and others.

Increasing prevalence of bone weakness and sports related injuries are boosting market growth.

High surgery and product cost may limit market growth.