Statista ranked the 10 orthopedic companies with the largest market share in 2017, based on revenue. The company also projected market share through 2024.
The company's survey closed in September 2018. Johnson & Johnson maintains a significant lead on market share; however, Zimmer Biomet and Stryker are closing the gap.
1. Johnson & Johnson had 21.8 percent market share in 2017 and is expected to have 24.2 percent in 2024.
2. Zimmer Biomet had 18.8 percent market share in 2017 and is expected to have 20.3 percent in 2024.
3. Stryker had 18 percent market share in 2017 and is expected to have 16.3 percent in 2024.
4. Medtronic had 8 percent market share in 2017 and is expected to have 8.3 percent in 2024.
5. Arthrex had 6 percent market share in 2017 and is expected to have the same, 5.8 percent, in 2024.
6. Smith & Nephew had 5.4 percent market share in 2017 and is expected to have 5.7 percent in 2024.
7. Wright Medical Group had 3 percent market share in 2017 and is expected to have 2 percent in 2024.
8. NuVasive had 2.3 percent market share in 2017 and is expected to have 1.7 percent in 2024.
9. Globus Medical had 2.3 percent market share in 2017 and is expected to have 2 percent in 2024.
10. Orthofix had 1.3 percent market share in 2017 and is expected to have 1.2 percent in 2024.