The Asia Pacific Cementless Total Knee Arthroplasty Market should witness market growth of 6.5% CAGR during the forecast period (2023-2030).
Implant design is constantly improving in the area of cementless TKA. Manufacturers are putting their efforts into creating implants with better fixation and stability, increased wear resistance, and improved range of motion. These developments are meant to give patients with total knee replacement durable, long-lasting solutions. Cementless TKA is one of the less invasive surgical methods that has grown in favor of TKA operations. In comparison to open operations, these procedures require fewer incisions, less disruption of soft tissue, and quicker recovery times. Using minimally invasive techniques, patients experience less pain after surgery, less scarring, and better functional results.
Cementless TKA is now a part of the personalized treatment movement. A more specialized and accurate fit is possible by implementing patient-specific implants and apparatus planned using computer-assisted design and preoperative imaging. These patient-specific methods aim to increase implant stability, alignment, and general patient satisfaction. It is becoming more common for cementless TKA to incorporate navigational devices and robotic assistance. In addition to improving outcomes and lowering the chance of postoperative problems, these technologies help surgeons achieve the ideal implant location, alignment, and balance. Real-time feedback and improved surgical accuracy are provided through navigation and robotics during the process.
India has also developed a reputation for offering low-cost, high-quality medical care to medical tourists worldwide during the past ten years. India stands out from other nations due to its healthcare system combining traditional and modern medical practices. The government is using every resource at its disposal to maximize the industry's potential. With a four-year revenue growth of $13 billion, the goal of the Indian government is to make India the world's top destination for medical tourism. The Government of India has also planned an expenditure for health and well-being of US$28.7 billion, which is 137% more than the budgeted amount for 2021. All of these elements influence the expansion of the regional market.
The China market dominated the Asia Pacific Cementless Total Knee Arthroplasty Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $179.9 Million by 2030. The Japan market is registering a CAGR of 5.8% during (2023-2030). Additionally, India's market would showcase a CAGR of 7% during (2023-2030).
Based on Product, the market is segmented into Fixed Bearing, and Mobile Bearing. Based on End-user, the market is segmented into Hospitals, and Others. Based on Material, the market is segmented into Alloys, Ceramics, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson, B. Braun Melsungen AG, Smith & Nephew PLC, Stryker Corporation, Olympus Corporation, Zimmer Biomet Holdings, Inc., MicroPort Scientific Corporation, United Orthopedic Corporation (Chi-Yi Investment Co. Ltd.), X.NOV and Waldemar Link GmbH & Co. KG.
Implant design is constantly improving in the area of cementless TKA. Manufacturers are putting their efforts into creating implants with better fixation and stability, increased wear resistance, and improved range of motion. These developments are meant to give patients with total knee replacement durable, long-lasting solutions. Cementless TKA is one of the less invasive surgical methods that has grown in favor of TKA operations. In comparison to open operations, these procedures require fewer incisions, less disruption of soft tissue, and quicker recovery times. Using minimally invasive techniques, patients experience less pain after surgery, less scarring, and better functional results.
Cementless TKA is now a part of the personalized treatment movement. A more specialized and accurate fit is possible by implementing patient-specific implants and apparatus planned using computer-assisted design and preoperative imaging. These patient-specific methods aim to increase implant stability, alignment, and general patient satisfaction. It is becoming more common for cementless TKA to incorporate navigational devices and robotic assistance. In addition to improving outcomes and lowering the chance of postoperative problems, these technologies help surgeons achieve the ideal implant location, alignment, and balance. Real-time feedback and improved surgical accuracy are provided through navigation and robotics during the process.
India has also developed a reputation for offering low-cost, high-quality medical care to medical tourists worldwide during the past ten years. India stands out from other nations due to its healthcare system combining traditional and modern medical practices. The government is using every resource at its disposal to maximize the industry's potential. With a four-year revenue growth of $13 billion, the goal of the Indian government is to make India the world's top destination for medical tourism. The Government of India has also planned an expenditure for health and well-being of US$28.7 billion, which is 137% more than the budgeted amount for 2021. All of these elements influence the expansion of the regional market.
The China market dominated the Asia Pacific Cementless Total Knee Arthroplasty Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $179.9 Million by 2030. The Japan market is registering a CAGR of 5.8% during (2023-2030). Additionally, India's market would showcase a CAGR of 7% during (2023-2030).
Based on Product, the market is segmented into Fixed Bearing, and Mobile Bearing. Based on End-user, the market is segmented into Hospitals, and Others. Based on Material, the market is segmented into Alloys, Ceramics, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson, B. Braun Melsungen AG, Smith & Nephew PLC, Stryker Corporation, Olympus Corporation, Zimmer Biomet Holdings, Inc., MicroPort Scientific Corporation, United Orthopedic Corporation (Chi-Yi Investment Co. Ltd.), X.NOV and Waldemar Link GmbH & Co. KG.
Scope of the Study
By Product
- Fixed Bearing
- Mobile Bearing
By End-user
- Hospitals
- Others
By Material
- Alloys
- Ceramics
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Johnson & Johnson
- B.Braun Melsungen AG
- Smith & Nephew PLC
- Stryker Corporation
- Olympus Corporation
- Zimmer Biomet Holdings, Inc.
- MicroPort Scientific Corporation
- United Orthopedic Corporation (Chi-Yi Investment Co. Ltd.)
- X.NOV
- Waldemar Link GmbH & Co. KG
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Cementless Total Knee Arthroplasty Market by Product
Chapter 5. Asia Pacific Cementless Total Knee Arthroplasty Market by End User
Chapter 6. Asia Pacific Cementless Total Knee Arthroplasty Market by Material
Chapter 7. Asia Pacific Cementless Total Knee Arthroplasty Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Johnson & Johnson
- B. Braun Melsungen AG
- Smith & Nephew PLC
- Stryker Corporation
- Olympus Corporation
- Zimmer Biomet Holdings, Inc.
- MicroPort Scientific Corporation
- United Orthopedic Corporation (Chi-Yi Investment Co. Ltd.)
- X.NOV
- Waldemar Link GmbH & Co. KG
Methodology
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