Orthopedic Services Market in the US – Size, Forecast, and Competitive Landscape: Explore Basel Medical Group’s US Potential

Market Outlook: Orthopedic Services Market in the US 2025-2029

The orthopedic services market in the US is a rapidly growing sector driven by an aging population, increasing rates of musculoskeletal disorders, and advancements in minimally invasive surgical techniques. The market is expected to grow at a CAGR of 3%-6% between 2025 and 2029. Exact values for this market can be accessed upon purchasing the report. Key companies in this market include:

• Labcorp Holdings Inc.
• Solventum Corp
• Fresenius Medical Care AG
• Others

IPO Company Overview: Basel Medical Group in the US orthopedic services market

Basel Medical Group Ltd recently launched its IPO on the Nasdaq Capital Market in February 2025 under the ticker symbol BMGL, creating a new opportunity for investors. Basel Medical Group is a healthcare provider offering comprehensive medical services across various specialties, including orthopedic care, diagnostics, and treatment for musculoskeletal disorders. With a focus on patient-centered care, Basel Medical Group utilizes advanced technologies and minimally invasive techniques to improve outcomes and enhance recovery times. The group prides itself on its team of highly skilled physicians, state-of-the-art facilities, and commitment to delivering personalized, high-quality medical services.

Market Segmentation: How is the US orthopedic services market segmented?

By Treatment Type

• Surgical Procedures
• Non-Surgical Treatments

By Application

• Joint Replacement
• Trauma
• Sports Medicine
• Others

Joint replacement surgeries, particularly knee and hip replacements, are contributing to demand for surgical procedures, driven by the aging population and increasing rates of arthritis and joint degeneration. These procedures are among the most common and effective ways to alleviate pain and improve mobility for patients.

Investment Opportunities: Why explore the US orthopedic services market with Technavio?

The orthopedic services market in the US has seen significant developments in recent years, driven by technological advancements, an aging population, and a growing focus on minimally invasive procedures. Innovations such as robotic-assisted surgeries, 3D imaging, and computer-aided design are enhancing precision and improving patient outcomes in orthopedic surgeries, particularly in joint replacement and spine procedures. The rise of outpatient surgeries and ambulatory surgical centers (ASCs) is also changing the landscape, offering patients a more cost-effective and efficient alternative to traditional hospital settings. Moreover, there has been a notable increase in demand for non-surgical treatments, including physical therapy, regenerative medicine (like stem cell therapies), and pain management options, as patients seek less invasive approaches to managing musculoskeletal issues.

The COVID-19 pandemic also impacted the orthopedic services market, leading to temporary delays in elective surgeries and shifts toward telemedicine for consultations and follow-ups. However, the market has quickly rebounded, with an increasing number of orthopedic practices adopting digital health technologies to offer virtual care and enhance patient engagement. Additionally, with the aging Baby Boomer generation, there has been a surge in demand for orthopedic care, particularly for joint replacements and treatments for chronic conditions like osteoarthritis. The continued development of advanced prosthetics, personalized treatments, and an emphasis on improving patient experience and outcomes are shaping the future trajectory of the orthopedic services market in the US.

Market Dynamics: What factors are influencing the orthopedic services market in the US?

Drivers:
The orthopedic services market in the US is primarily driven by an aging population, as older adults are more susceptible to musculoskeletal conditions such as osteoarthritis, joint degeneration, and fractures. Increasing awareness about orthopedic health and the growing prevalence of chronic conditions like obesity also contribute to higher demand for orthopedic services. Technological advancements, including minimally invasive surgery, robotic-assisted procedures, and improved diagnostic tools, are further driving the market by offering better patient outcomes, faster recovery times, and reduced costs. Additionally, rising healthcare expenditures and increased access to healthcare services are creating more opportunities for patients to seek orthopedic care.

Trends:
A prominent trend in the orthopedic services market is the shift towards outpatient procedures and ambulatory surgical centers (ASCs), which provide cost-effective and efficient alternatives to traditional hospital-based surgeries. The growing adoption of digital health technologies, including telemedicine and virtual consultations, is also transforming the way orthopedic care is delivered, improving patient access and engagement. Additionally, the use of 3D printing, robotic surgery, and personalized medicine is gaining traction, offering tailored treatment plans and improving surgical precision. There is also an increasing focus on regenerative medicine, such as stem cell therapies and platelet-rich plasma (PRP) treatments, to address joint pain and encourage healing without surgery.

Opportunities:
The orthopedic services market presents several growth opportunities, especially in underserved regions where access to orthopedic care is limited. The rise of value-based care models and increased insurance coverage can drive patient access to orthopedic treatments, particularly for those seeking joint replacements or long-term musculoskeletal care. Expanding the use of regenerative medicine and non-surgical interventions offers a promising alternative to traditional surgical treatments, opening new revenue streams for providers. Additionally, the growing trend of fitness and wellness initiatives among the younger population presents opportunities to address preventive care, helping to reduce the future burden of orthopedic issues.

Challenges:
Despite its growth, the orthopedic services market faces several challenges, including the rising cost of care and the financial burden on both healthcare providers and patients. The increasing demand for orthopedic procedures places pressure on healthcare systems, leading to longer waiting times and resource constraints. Additionally, while technological advancements improve outcomes, they also come with high initial costs and require continuous investments in training and equipment. The shortage of skilled orthopedic surgeons and healthcare professionals, particularly in rural areas, is another challenge that can limit access to care. Furthermore, the complexity of reimbursement models and varying insurance policies can create barriers to timely and affordable treatment for patients.

Investment Questions: Topics to consider when investing in the orthopedic services market in the US

Technological advancements and their impact
How are innovations such as robotic surgery, 3D printing, and regenerative medicine shaping the market? What are the adoption rates, and how might these technologies improve patient outcomes and drive market growth?

Reimbursement and insurance policies
How do reimbursement rates for orthopedic surgeries and treatments impact profitability? What are the trends in insurance coverage for orthopedic services, and how might policy changes affect the market?

Regulation and healthcare policies
How might changes in healthcare regulations, such as Medicare and Medicaid policies, impact orthopedic service providers? What are the potential regulatory hurdles for new treatments or technologies?

Availability of skilled labor
How is the shortage of skilled orthopedic surgeons and healthcare professionals affecting service delivery? What strategies are providers using to address this issue, and how does it affect the growth potential of orthopedic services?

Opportunities for expansion
Are there underserved geographic regions where there is high demand for orthopedic services? How can market players capitalize on these regions or expand their presence through acquisitions or partnerships?

For a detailed analysis of the orthopedic services market in the US, buy the full report

Technavio Report Insights: How Can Technavio Reports Help Investors Make Better Business Decisions?

Key Features of a Technavio Report: 

• Comprehensive Market Analysis: Provides a detailed overview of the orthopedic services market in the US, including market size, growth rate, segmentation, and regional analysis. 

• In-Depth Competitive Landscape: Offers insights into the competitive dynamics, market share and positioning, and product offerings of key players. 

• Future Market Trends: Identifies emerging trends and opportunities that can shape the future of the market. 

• Detailed Segmentation: Breaks down the market into various segments to help investors identify specific niches and target markets. 

• Expert Analysis: Provides expert insights and forecasts from industry analysts

FAQ

1. What factors are driving the growth of the orthopedic services market in the US?

Key drivers include the aging population, increasing rates of musculoskeletal disorders like osteoarthritis, rising obesity rates, advancements in medical technology (such as robotic surgery and regenerative medicine), and the growing demand for both surgical and non-surgical treatments to improve mobility and quality of life.

2. What are the primary types of treatments offered in the orthopedic services market?

The primary treatments include surgical procedures like joint replacement (hip, knee), spine surgery, and arthroscopy, as well as non-surgical treatments such as physical therapy, pain management (injections, nerve blocks), regenerative medicine (stem cell therapy, PRP), and orthotic devices.

3. What challenges does the orthopedic services market face?

Challenges include high treatment costs, especially for advanced surgeries and technologies, limited access to skilled professionals in rural areas, reimbursement issues with insurance companies, and regulatory hurdles surrounding new treatments or technologies. The shortage of orthopedic surgeons is also a growing concern.

4. What are the opportunities for growth in the orthopedic services market?

Opportunities include the expansion of outpatient procedures, increased demand for non-invasive treatments, geographic expansion into underserved areas, and the development of regenerative medicine and personalized orthotic devices. The growth of wellness and fitness trends also offers preventive orthopedic care opportunities.

5. How does the aging population impact the orthopedic services market?

The aging population increases demand for orthopedic services, particularly for treatments related to joint replacements, fractures, and chronic musculoskeletal conditions like osteoarthritis. Older adults are more prone to these conditions, driving the need for both surgical and non-surgical care.

6. What is the outlook for the orthopedic services market in the next few years?

The outlook for the orthopedic services market is positive, with strong growth expected due to factors like technological advancements, an aging population, and increasing demand for both surgical and non-surgical treatments. As the market adapts to evolving patient preferences for less invasive options and outpatient care, it is anticipated that orthopedic services will continue to be a critical and expanding segment of the healthcare industry.