The endoprosthesis market is expected to grow at a 12.1% CAGR, reaching USD 65,997.9 million by 2030. This growth is driven by an increase in peripheral vascular diseases and orthopedic conditions. Furthermore, rising awareness among patients about the benefits of prostheses for orthopedic injuries, combined with a growing prevalence of knee and hip osteoarthritis in the elderly, is expected to further propel the market.
The knee prosthesis segment has historically dominated the market and is projected to grow at an impressive 13% CAGR by 2030. Knee osteoarthritis is one of the primary causes of disability among the elderly, and knee replacement surgeries are gaining popularity due to increased access to orthopedic care, particularly in emerging markets like the Asia-Pacific region. According to a recent study, knee osteoarthritis affects approximately 16% of individuals aged 15 and above and 22.9% of those aged 40 and older globally.
Additionally, the hip endoprosthesis segment accounted for over 20% of the market in the past. This category is expected to grow further due to the rising incidence of hip osteoarthritis and the demand for personalized implants. As implant sizes vary according to each patient’s anatomy, many companies are focusing on 3D printing technologies to produce patient-specific implants.
In 2021, the primary knee replacement segment held a significant market share, around 40%, and is expected to maintain steady growth. Primary knee replacement surgeries involve replacing damaged bones and cartilage with metal, high-density polyethylene, or ceramic implants. This procedure enables patients to resume daily activities and helps manage conditions like osteoporosis and musculoskeletal disorders by providing improved stability and support, reducing the risk of falls.
The Asia-Pacific region had a market size exceeding USD 5 billion and is set to grow at over 13%. The rapid expansion of the elderly population in the region over the next five decades will drive this growth. Globally, the demand for endoprostheses is rising due to the increasing prevalence of peripheral vascular and orthopedic diseases, a trend that is expected to continue.