A femoral implant (10) comprises a distal end and a proximal end. A stem (12) is provided at the distal end of the implant (10) and comprises a rounded tip (16) for insertion into a femur, in use, and a body (18) of generally tapering form extending in a distal direction from a base to the tip (16). A femoral head (14) is provided at the proximal end of the implant (10) and extends from the base (20) of the stem (12). The body (18) of the stem (12) includes a plurality of discrete steps (22, 24, 26, 28, 30), located between the tip (16) and the base (20), and the steps (22, 24, 26, 28, 30) are concentrated more towards the base (20) of the stem (12) than towards the tip (16).