Top Orthopedic Devices Companies

The orthopedic devices market is mainly driven by the increasing incidence of musculoskeletal disorders, including osteoarthritis, osteoporosis, and injuries from trauma, which are on the rise due to an aging population along with rising obesity rates and sedentary lifestyles. Developments in technology for the healthcare field, such as minimally invasive orthopedic surgeries, robotic surgery, patient-specific implants, and 3D-printed prostheses, are also propelling market growth due to improved outcomes and reduced recovery periods.

Industry Overview

According to SkyQuest Technology “Orthopedic Devices Market By End User (Hospitals and Surgical Centers, Orthopedic Clinics, Ambulatory and Trauma Care Centers, Home Care Settings, Other End Users), By Site, By Application, By Target, By Region- Industry Forecast 2025-2032,” Global Orthopedic Devices Market is projected to grow at a CAGR of over 4.08% by 2032, on account of urgent need for automating quantified data. The increase in sports-related injuries, number of outpatient and ambulatory surgery centers, and patients increasingly requesting to mobilize early and function can all bolster demand for orthopedic implants and fixation devices. Favorable reimbursement policies in developed countries alongside rising healthcare expenditures in emerging markets can also underlie market growth.

Top 10 Global Orthopedic Devices Companies

1. Stryker Corporation

Stryker Corporation is a top global orthopedic device manufacturer with a wide portfolio from joint replacement implants to trauma, extremities, and spine solutions. Stryker has a reputation for technological innovation with its MAKO robotic-assisted surgery platform that has redefined precision in hip and knee procedures. Stryker has a broad portfolio of surgical equipment, including power tools, navigation systems, and endoscopy technologies that reinforce its market position across hospitals and surgical centers globally.

2. Johnson & Johnson

DePuy Synthes, a part of Johnson & Johnson, is a global leader in orthopedic reconstruction, trauma fixation, spine care, and sports medicine. The company offers one of the largest portfolios of products in the industry, including hip and knee implants, internal fixation systems, and advanced surgical instrumentation. DePuy Synthes benefits from Johnson & Johnson's MedTech ecosystem with R&D strength, regulatory support and a global distribution network.

3. Zimmer Biomet

Zimmer Biomet is a major player in joint reconstruction and musculoskeletal health, and specializes in implants related to the hip, knee, shoulder and extremities. Zimmer Biomet has a strong legacy in orthopedic innovation and is recognized for its broad portfolio of surgery robots, digital health, and personalized implants.

4. Smith & Nephew

Smith & Nephew is a global medical technology firm with a notable impact in sports medicine, arthroscopy, trauma implants, and joint replacement solutions. The organization enjoys a good reputation its minimally invasive surgical interventions focusing on ligament repair, soft-tissue fixation, and wound care management.

5. Medtronic (Spine & Orthopedics Division)

Medtronic’s orthopedic and spine division is a significant player in the global spine marketplace, offering implants, biologics, bone grafting products, and navigational systems. The organization takes a leading position in the integration of advanced technology, such as robotics, navigation, and image-based systems in surgery, using platforms like Mazor robotic systems. Medtronic specializes in combining implantable devices and enabling technology to develop workflows that facilitate procedures with improved accuracy.

6. Enovis (formerly DJO Global)

Enovis is a diversified orthopedic company aimed at serving reconstruction, rehabilitation, bracing, and sports medicine technologies. Enovis has reinvigorated their company, formerly DJO Global, to expedite a transition to surgical orthopedics through acquisitions and penetration, and innovation in new product development. Enovis’s portfolio has joint replacement products, bracing devices, and physical therapy modalities. Enovis is a strong competitor for both surgical and non-surgical orthopedic services. Enovis emphasizes both clinical effectiveness and patient mobility through the acquisition of advanced implant designs, and investment in digital rehabilitation products.

7. NuVasive

NuVasive is an innovative leader in the area of minimally invasive spine surgery, primarily known for its lateral approach surgical techniques and next generation spinal hardware systems. The company has developed innovative procedural solutions which shorten operative time, reduces soft tissue disruption, and ultimately improves patient outcomes.

8. Globus Medical

Globus Medical is a quickly growing orthopedic and spine company known for its depth in surgical robotics, navigation, and spine implant systems. The company's ExcelsiusGPS platform has raised the standard in robotic-assisted spine surgery through improved precision and less complications.

9. ZimVie

ZimVie is a focused musculoskeletal technology company spun off from Zimmer Biomet, living in the space of spine and related reconstruction solutions for dental. Their spine portfolio includes implants, fixation devices, and biologics that treat complex spinal disorders.  With its separation, ZimVie is better equipped to foster innovation in a more targeted way and drive other opportunities in niche areas of ortho and dental reconstruction.

10. Össur

Össur is a global innovator in prosthetics, bracing, and support solutions via its advanced biomechanical designs and high-performance artificial limbs. Its innovations include microprocessor-controlled prosthetic knees, carbon-fiber foot systems, and lightweight braces used in orthopedic rehabilitation.

Other Leading Global Orthopedic Devices Companies

• Arthrex, Inc.
• B. Braun Melsungen AG
• CONMED Corporation
• Wright Medical Group
• Orthofix Medical Inc.
• Integra LifeSciences Corporation
• Exactech, Inc.
• Aesculap Implant Systems
• Acumed, LLC
• MicroPort Orthopedics
• Canon Medical Systems
• Heraeus Medical

Conclusion

The orthopedic devices industry continues to evolve as a vital area of post-modern healthcare, substantiated by the increasing impact of musculoskeletal disorders and global movement towards higher-tech and more patient-centered solutions to care. Innovation to increase surgical precision, lower recovery times, and improve patient outcomes post-surgery is demonstrated with robotic-assisted surgeries, smart intramedullary nails, customized pre-operative planning with 3D printing, and more. While economic pressures, regulatory requirements and implant safety challenges complicate global access to orthopedic care, the growth of orthopedic service through ongoing research and development and improving access to orthopedic care particularly in developing economies - indicates ongoing steady growth in the orthopedic devices market.