About Orthopedics
There are 3.78K companies in the Orthopedics sector across the world, with 1.56K funded companies having collectively raised $35.5B in venture capital money and private equity. Overall 813 of these are Series A+ funded and the sector has seen the creation of 5 Unicorns.
Orthopedics sector has seen 338 acquisitions and 159 IPOs. This represents almost 13.1% of all such companies - which is higher than the 3.8% exit rate of tech companies in general.
This sector includes companies engaged in R&D for developing medical devices, diagnostics tests, and pharmaceuticals for the diagnosis and treatment of orthopedic disorders.
Orthopedics sector is also known as Orthopedic Devices or Musculoskeletal Diseases Treatment.
Companies included in Orthopedics sector
Medical devices, diagnostics tests, and pharmaceuticals for the diagnosis and treatment of orthopedic disorders.Companies excluded in Orthopedics sector
Healthcare Service Providers, Digital Health Solutions (software, apps, online platforms)Market Map of Orthopedics
The market map of Orthopedics gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution.
Reports related to Orthopedics
Here are some reports related to Orthopedics sector:
Free
Orthopedics - Sector Report
Edition: October, 2026 (69 Pages)
Premium
Orthopedics Investor Landscape
Edition: July, 2025 (12 Pages)
Premium
Orthopedics Exit Landscape
Edition: October, 2026 (15 Pages)
View all reports related to Orthopedics. Sign up today!Top Companies in Orthopedics
There are more than 3.78K companies in Orthopedics. Biogen is the top Orthopedics company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Orthopedics companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Developer of therapies for neurodegenerative and immunology disorders | Cambridge (United States) | 1978 | Public | $80M | |
Developer of antibody-based drugs to treat autoimmune diseases and cancer | Ghent (Belgium) | 2008 | Public | $61.9M | |
Manufacturer of prosthetic and orthotic solutions, and industrial exoskeletons | Duderstadt (Germany) | 1919 | Public | $17M | |
Manufacturer of orthopedic implants and robotic surgical assistance medical technologies | Warsaw (United States) | 1927 | Public | $1.73M | |
Developer of minimally invasive products for musculoskeletal procedures | Audubon (United States) | 2003 | Public | $110M |
Companies founded year-on-year in the Orthopedics sector
28 new startups have been founded so far in 2026 in the Orthopedics sector. 176 Orthopedics startups were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 28 |
2025 | 30 |
2024 | 51 |
2023 | 45 |
2022 | 63 |
2021 | 79 |
2020 | 133 |
2019 | 130 |
2018 | 158 |
2017 | 176 |
Companies founded across countries in the Orthopedics sector
United States has 1,500 Orthopedics startups, the most by any country, followed by India which has 268 startups and Germany which has 255.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 1,500 |
India | 268 |
Germany | 255 |
United Kingdom | 190 |
China | 176 |
France | 137 |
Canada | 104 |
Switzerland | 87 |
Israel | 78 |
South Korea | 73 |
Stage-wise distribution of the Orthopedics sector
Out of the total 3,784 Orthopedics companies, 1,555 have secured funding. Among them, 813 have reached Series A or higher, and 635 to Series B or beyond.
Founded - 3,784
Funded - 1,555
Series A+ - 813
Series B+ - 635
Series C+ - 565
Company Stage | No. of companies |
|---|---|
Founded | 3,784 |
Funded | 1,555 |
Series A+ | 813 |
Series B+ | 635 |
Series C+ | 565 |
Want to know more about Orthopedics ? Signup and explore Tracxn for free
- 3.8K+ Total Companies
- $35.5B+ Total Funding
- 1.6K+ Funded Companies
- 155+ IPOs
- 335+ Acquisitions
- 10+ Reports
Funding Trends in the Orthopedics sector
Total funding year-on-year in the Orthopedics sector
The Orthopedics sector saw a total funding of more than $22.4B in the last 10 years. The most amount of funding was in 2020 at more than $3.32B. There has been a total funding of $3.18B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $3.18B |
2025 | $1.93B |
2024 | $2.05B |
2023 | $1.64B |
2022 | $2.6B |
2021 | $1.88B |
2020 | $3.32B |
2019 | $2B |
2018 | $1.89B |
2017 | $1.89B |
Total funding across countries in the Orthopedics sector
In the last 10 years, Orthopedics startups in United States have recieved the highest funding among all countries - $14.6B. China follows with $748M and Netherlands with $496M.
- Total Funding
Country | Total Funding |
|---|---|
United States | $14.6B |
China | $748M |
Netherlands | $496M |
France | $403M |
United Kingdom | $388M |
Switzerland | $365M |
India | $255M |
Canada | $236M |
Spain | $149M |
South Korea | $67.3M |
Total funding amount raised by stage in the Orthopedics sector
Over the last 10 years, the Orthopedics sector have seen $646M into Seed Stage funding rounds, $6.14B into Early Stage funding rounds and $5.68B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Post IPO | $6.37B |
Early Stage | $6.14B |
Late Stage | $5.68B |
Debt | $1.3B |
Seed Stage | $646M |
Grant | $560M |
PE | $240M |
Other-Equity | $22.7M |
Recent Funding Rounds in Orthopedics
In the year 2026, till October 2026, Orthopedics companies have raised $2.52B in equity funding across 69 rounds.
In the same period last year (i.e. till October 2025), Orthopedics companies had raised $1.15B across 84 rounds.
So, 2026 has seen a 118.64% rise in funding in Orthopedics companies as compared to 2025.
Here are some recent, important funding rounds in Orthopedics:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 1454 | Oct 28, 2026 | ||
Series A | 8322 | Oct 15, 2026 | ||
Series B | 8818 | Oct 13, 2026 | and 16 more | |
Seed | 3072 | Oct 12, 2026 | ||
Series C | 4677 | Oct 05, 2026 | - |
Top Investors in Orthopedics
HHS is the top investor in Orthopedics companies based on number of companies invested.
Here are some top investors in Orthopedics:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
Arlington (United States) | ||
Brussels (Belgium) | ||
Menlo Park (United States) |
M&A activity in Orthopedics
In the year 2026, till October 2026, 14 acquisitions happened in Orthopedics sector. Last year, in 2025, a total of 23 acquisitions happened in Orthopedics sector.
Here are some recent, important acquisitions in Orthopedics:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 02, 2026 | ||
Business Acquisition | Sep 11, 2026 | ||
Business Acquisition | Aug 31, 2026 | ||
Business Acquisition | Aug 18, 2026 | ||
Business Acquisition | Aug 05, 2026 |
Acquisition trends in Orthopedics
Here are the acquisition trends in Orthopedics:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 14 |
2025 | 23 |
2024 | 18 |
2023 | 21 |
2022 | 24 |
2021 | 23 |
2020 | 28 |
2019 | 23 |
2018 | 28 |
2017 | 23 |
IPOs in Orthopedics
In the year 2026, till May 2026, 1 IPO happened in Orthopedics sector.
Here are some recent, important IPOs in Orthopedics:
Company | IPO Date | Exchange Symbol |
|---|---|---|
May 11, 2026 | Korea Exchange (KRX) | |
Oct 09, 2025 | Frankfurt Stock Exchange (FRA) | |
Jul 31, 2025 | New York Stock Exchange (NYSE) | |
Jul 23, 2025 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Jun 30, 2025 | Australian Securities Exchange (ASX) |
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Colleges which produce the most Orthopedics companies
Companies founded by alumni from top colleges in the Orthopedics sector
Most number of Orthopedics startups have been founded by alumni from Massachusetts Institute of Technology, Harvard University and Stanford University.
College | No. of companies |
|---|---|
Massachusetts Institute of Technology | 25 |
Harvard University | 19 |
Stanford University | 18 |
Tel Aviv University | 12 |
University of Pennsylvania | 9 |
Columbia University | 8 |
University of California (Berkeley) | 8 |
Harvard Business School | 7 |
University of Toronto | 7 |
Carnegie Mellon University | 6 |
Total funding in companies founded by alumni from top colleges in the the Orthopedics sector
In the last 10 years, Yale University graduates' Orthopedics companies have raised the most funding among top colleges. Harvard University alumni are second, and University of California (Berkeley) alumni are third.
College | Total Funding |
|---|---|
Yale University | $1.59B |
Harvard University | $888M |
University of California (Berkeley) | $748M |
Stanford University | $740M |
Massachusetts Institute of Technology | $738M |
Columbia University | $639M |
London Business School (LBS) | $636M |
Cornell University | $550M |
University of Oxford | $526M |
Harvard Business School | $504M |
Top News in Orthopedics
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Globus Medical wins CE mark for Excelsius3D in EU (GMED:NYSE)Seeking Alpha•Sep 04, 2026•Globus Medical
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