Knee replacement surgery is an orthopedic surgery wherein the damaged knee is replaced by artificial components called implants. There are different types of implants used in the knee replacement surgery depending on the knee problem, knee anatomy, as well as age, weight and activity level.
The report titled Global Knee Implants Market- Growth, Future Prospects and Competitive Analysis, 2022-2030 offers strategic insights into the overall knee implants market along with the market size and estimates for the duration 2022 to 2030. The research study covers in-depth analysis of market segments based on procedure type, material type, and different geographical region.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global knee implants market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global knee implants market. This report concludes with company profiles section that highlights major information about the key players engaged in global knee implants market. In-depth competitive environment analysis and historical years (2020) market size data are also provided in the report.
Knee replacement surgery is an orthopedic surgery wherein the damaged knee is replaced by artificial components called implants. There are different types of implants used in the knee replacement surgery depending on the knee problem, knee anatomy, as well as age, weight and activity level. When the knee doesn’t respond to medications and treatment, knee replacement surgery is suggested. There are three types of replacement surgeries: total knee replacement, partial knee replacement and revision knee surgery. Total knee replacement (TKR) surgery holds the largest share in the knee implants market. TKR is the traditional method and the most effective method of repairing a damaged knee. During a TKR, the surgeon removes the surface of the bones that have been damaged by osteoarthritis or other causes and replaces the knee with an artificial implant that is selected to fit the knee anatomy. According to survey, more than 95% of the patients in U.S. are satisfied with the outcome of their total knee replacement surgery. Advancements in medical technology have led to precise and highly functional artificial knee implants that nearly duplicate the way the human knee moves which is fueling the growth of knee implants market.
The replacement knee joint comprises of a flat metal plate and stem implanted in the tibia, a polyethylene-bearing surface, and a contoured metal implant fit around the end of the femur. The use of components made from metals and polyethylene allow for optimum articulation (or joint mobility) between the joint surfaces with little wear. On the basis of materials, the knee implants market is segmented as stainless steel, cobalt-chromium alloys, titanium and titanium alloys, polyethylene, ceramics and others. Titanium and titanium alloys held the largest share in the global knee implants market by material. Titanium alloys are bio-compatible and inert in nature and hence is the most preferred type of material. The most popular titanium alloy is use is Ti6Al4V. Cobalt-chromium alloys is just as widely used as titanium due to its extremely inert, bio-compatible and durable properties. Polyethylene material is the fastest growing material in the global knee implants market due to factors such as low weight, high tensile strength and less chances of corrosion, driving the global knee implants market.
For the purpose of this study, the global knee implants market is segmented into regional markets viz., North America, Europe, Asia Pacific, Latin America, Middle East and Africa. In the base year 2016, North America was observed as the largest revenue generating market for knee implants, where the U.S. held the largest market share due to technological advancements in orthopedic implants, such as the use of bio-compatible materials, application of 3D printing technology in obtain precise implants, robotic-assisted and minimally invasive surgeries, and navigation technology are the factors driving the knee implants market in North America. Moreover, the rising population of geriatric individuals and increasing health care expenditure are also foreseen to contribute to the growth of this market significantly during the forecast period. Asia-Pacific is expected to emerge as the fastest growing region during the forecast period due flourishing medical tourism in the region especially in the countries such as India, China, and Thailand is boosting the demand for knee replacement market in Asia-Pacific Market.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
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The report titled Global Knee Implants Market- Growth, Future Prospects and Competitive Analysis, 2022-2030 offers strategic insights into the overall knee implants market along with the market size and estimates for the duration 2022 to 2030. The research study covers in-depth analysis of market segments based on procedure type, material type, and different geographical region.
Along with quantitative information, qualitative information sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as market inclination insights and drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global knee implants market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global knee implants market. This report concludes with company profiles section that highlights major information about the key players engaged in global knee implants market. In-depth competitive environment analysis and historical years (2020) market size data are also provided in the report.
Knee replacement surgery is an orthopedic surgery wherein the damaged knee is replaced by artificial components called implants. There are different types of implants used in the knee replacement surgery depending on the knee problem, knee anatomy, as well as age, weight and activity level. When the knee doesn’t respond to medications and treatment, knee replacement surgery is suggested. There are three types of replacement surgeries: total knee replacement, partial knee replacement and revision knee surgery. Total knee replacement (TKR) surgery holds the largest share in the knee implants market. TKR is the traditional method and the most effective method of repairing a damaged knee. During a TKR, the surgeon removes the surface of the bones that have been damaged by osteoarthritis or other causes and replaces the knee with an artificial implant that is selected to fit the knee anatomy. According to survey, more than 95% of the patients in U.S. are satisfied with the outcome of their total knee replacement surgery. Advancements in medical technology have led to precise and highly functional artificial knee implants that nearly duplicate the way the human knee moves which is fueling the growth of knee implants market.
The replacement knee joint comprises of a flat metal plate and stem implanted in the tibia, a polyethylene-bearing surface, and a contoured metal implant fit around the end of the femur. The use of components made from metals and polyethylene allow for optimum articulation (or joint mobility) between the joint surfaces with little wear. On the basis of materials, the knee implants market is segmented as stainless steel, cobalt-chromium alloys, titanium and titanium alloys, polyethylene, ceramics and others. Titanium and titanium alloys held the largest share in the global knee implants market by material. Titanium alloys are bio-compatible and inert in nature and hence is the most preferred type of material. The most popular titanium alloy is use is Ti6Al4V. Cobalt-chromium alloys is just as widely used as titanium due to its extremely inert, bio-compatible and durable properties. Polyethylene material is the fastest growing material in the global knee implants market due to factors such as low weight, high tensile strength and less chances of corrosion, driving the global knee implants market.
For the purpose of this study, the global knee implants market is segmented into regional markets viz., North America, Europe, Asia Pacific, Latin America, Middle East and Africa. In the base year 2016, North America was observed as the largest revenue generating market for knee implants, where the U.S. held the largest market share due to technological advancements in orthopedic implants, such as the use of bio-compatible materials, application of 3D printing technology in obtain precise implants, robotic-assisted and minimally invasive surgeries, and navigation technology are the factors driving the knee implants market in North America. Moreover, the rising population of geriatric individuals and increasing health care expenditure are also foreseen to contribute to the growth of this market significantly during the forecast period. Asia-Pacific is expected to emerge as the fastest growing region during the forecast period due flourishing medical tourism in the region especially in the countries such as India, China, and Thailand is boosting the demand for knee replacement market in Asia-Pacific Market.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Knee Implants market are as follows:- Research and development budgets of manufacturers and government spending
- Revenues of key companies in the market segment
- Number of end users and consumption volume, price and value.
- Geographical revenues generate by countries considered in the report
- Micro and macro environment factors that are currently influencing the Knee Implants market and their expected impact during the forecast period.
Market Segmentation
Procedure
- Total Knee Replacement
- Partial Knee Replacement
- Revision Knee Replacement
Materials
- Stainless Steel
- Cobalt-chromium Alloys
- Titanium and Titanium Alloys
- Polyethylene
- Ceramics
- Others
Key Questions Answered in this report
- What are the key micro and macro environmental factors that are impacting the growth of Knee Implants market?
- What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
- Estimated forecast and market projections up to 2030.
- Which segment accounts for the fastest CAGR during the forecast period?
- Which market segment holds a larger market share and why?
- Are low and middle-income economies investing in the Knee Implants market?
- Which is the largest regional market for Knee Implants market?
- What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
- Which are the key trends driving Knee Implants market growth?
- Who are the key competitors and what are their key strategies to enhance their market presence in the Knee Implants market worldwide?
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Table of Contents
1. Preface1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted
2. Executive Summary
2.1. Market Snapshot: Global Knee Implants Market
2.2. Global Knee Implants Market, By Procedure, 2021 (US$ Million)
2.3. Global Knee Implants Market, By Materials, 2021 (US$ Million)
2.4. Global Knee Implants Market, By Geography, 2021 (US$ Million)
2.5. Impact of Covid 19
2.6. Attractive Investment Proposition by Geography, 2021
2.7. Competitive Analysis
2.7.1. Market Positioning of Key Knee Implants Market Vendors
2.7.2. Strategies Adopted by Knee Implants Market Vendors
2.7.3. Key Industry Strategies
3. Knee Implants Market: Business Outlook & Market Dynamics
3.1. Introduction
3.2. Global Knee Implants Market Value, 2020 - 2030, (US$ Million)
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Restraints
3.3.3. Key Challenges
3.3.4. Key Opportunities
3.4. Impact Analysis of Drivers and Restraints
3.5. See-Saw Analysis
3.6. Porter’s Five Force Model
3.6.1. Supplier Power
3.6.2. Buyer Power
3.6.3. Threat Of Substitutes
3.6.4. Threat Of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTEL Analysis
3.7.1. Political Landscape
3.7.2. Economic Landscape
3.7.3. Technology Landscape
3.7.4. Legal Landscape
3.7.5. Social Landscape
4. Knee Implants Market: By Procedure, 2020-2030, USD (Million)
4.1. Market Overview
4.2. Growth & Revenue Analysis: 2021 Versus 2030
4.3. Market Segmentation
4.3.1. Total Knee Replacement
4.3.2. Partial Knee Replacement
4.3.3. Revision Knee Replacement
5. Knee Implants Market: By Materials, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Stainless Steel
5.3.2. Cobalt-chromium Alloys
5.3.3. Titanium and Titanium Alloys
5.3.4. Polyethylene
5.3.5. Ceramics
5.3.6. Others6. North America Knee Implants Market, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Knee Implants Market: By Procedure, 2020-2030, USD (Million)
6.3. Knee Implants Market: By Materials, 2020-2030, USD (Million)
6.4.Knee Implants Market: By Region, 2020-2030, USD (Million)
6.4.1.North America
6.4.1.1. U.S.
6.4.1.2. Canada
6.4.1.3. Rest of North America
7. UK and European Union Knee Implants Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Knee Implants Market: By Procedure, 2020-2030, USD (Million)
7.3. Knee Implants Market: By Materials, 2020-2030, USD (Million)
7.4.Knee Implants Market: By Region, 2020-2030, USD (Million)
7.4.1.UK and European Union
7.4.1.1. UK
7.4.1.2. Germany
7.4.1.3. Spain
7.4.1.4. Italy
7.4.1.5. France
7.4.1.6. Rest of Europe
8. Asia Pacific Knee Implants Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Knee Implants Market: By Procedure, 2020-2030, USD (Million)
8.3. Knee Implants Market: By Materials, 2020-2030, USD (Million)
8.4.Knee Implants Market: By Region, 2020-2030, USD (Million)
8.4.1.Asia Pacific
8.4.1.1. China
8.4.1.2. Japan
8.4.1.3. India
8.4.1.4. Australia
8.4.1.5. South Korea
8.4.1.6. Rest of Asia Pacific
9. Latin America Knee Implants Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Knee Implants Market: By Procedure, 2020-2030, USD (Million)
9.3. Knee Implants Market: By Materials, 2020-2030, USD (Million)
9.4.Knee Implants Market: By Region, 2020-2030, USD (Million)
9.4.1.Latin America
9.4.1.1. Brazil
9.4.1.2. Mexico
9.4.1.3. Rest of Latin America
10. Middle East and Africa Knee Implants Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Knee Implants Market: By Procedure, 2020-2030, USD (Million)
10.3. Knee Implants Market: By Materials, 2020-2030, USD (Million)
10.4.Knee Implants Market: By Region, 2020-2030, USD (Million)
10.4.1.Middle East and Africa
10.4.1.1. GCC
10.4.1.2. Africa
10.4.1.3. Rest of Middle East and Africa
11. Company Profile
11.1. Aesculap Implants Systems
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Portfolio
11.1.4. Strategic Initiatives
11.2. CONMED
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Product Portfolio
11.2.4. Strategic Initiatives
11.3. ConforMIS
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Product Portfolio
11.3.4. Strategic Initiatives
11.4. Exactech
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Product Portfolio
11.4.4. Strategic Initiatives
11.5. DePuy Synthes
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Product Portfolio
11.5.4. Strategic Initiatives
11.6. Medacta
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Product Portfolio
11.6.4. Strategic Initiatives
11.7. MicroPort Scientific
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Product Portfolio
11.7.4. Strategic Initiatives
11.8. Kinamed
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Product Portfolio
11.8.4. Strategic Initiatives
11.9. OMNI life science
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Product Portfolio
11.9.4. Strategic Initiatives
11.10. Stryker
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Product Portfolio
11.10.4. Strategic Initiatives
11.11. Smith & Nephew
11.11.1. Company Overview
11.11.2. Financial Performance
11.11.3. Product Portfolio
11.11.4. Strategic Initiatives
11.12. Zimmer Biomet
11.12.1. Company Overview
11.12.2. Financial Performance
11.12.3. Product Portfolio
11.12.4. Strategic Initiatives
List of Figures
Figure 1. Global Knee Implants Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Knee Implants Market: Quality Assurance
Figure 5 Global Knee Implants Market, By Procedure, 2021
Figure 6 Global Knee Implants Market, By Materials, 2021
Figure 7 Global Knee Implants Market, By Geography, 2021
Figure 8 Global Knee Implants Market, By Procedure, 2021 Vs 2030, %
Figure 9 Global Knee Implants Market, By Materials, 2021 Vs 2030, %
Figure 10 U.S. Knee Implants Market (US Million), 2020 - 2030
Figure 11 Canada Knee Implants Market (US Million), 2020 - 2030
Figure 12 Rest of North America Knee Implants Market (US Million), 2020 - 2030
Figure 13 UK Knee Implants Market (US Million), 2020 - 2030
Figure 14 Germany Knee Implants Market (US Million), 2020 - 2030
Figure 15 Spain Knee Implants Market (US Million), 2020 - 2030
Figure 16 Italy Knee Implants Market (US Million), 2020 - 2030
Figure 17 France Knee Implants Market (US Million), 2020 - 2030
Figure 18 Rest of Europe Knee Implants Market (US Million), 2020 - 2030
Figure 19 China Knee Implants Market (US Million), 2020 - 2030
Figure 20 Japan Knee Implants Market (US Million), 2020 - 2030
Figure 21 India Knee Implants Market (US Million), 2020 - 2030
Figure 22 Australia Knee Implants Market (US Million), 2020 - 2030
Figure 23 South Korea Knee Implants Market (US Million), 2020 - 2030
Figure 24 Rest of Asia Knee Implants Market (US Million), 2020 - 2030
Figure 25 Brazil Knee Implants Market (US Million), 2020 - 2030
Figure 26 Mexico Knee Implants Market (US Million), 2020 - 2030
Figure 27 Rest of Latin America Knee Implants Market (US Million), 2020 - 2030
Figure 28 GCC Knee Implants Market (US Million), 2020 - 2030
Figure 29 Africa Knee Implants Market (US Million), 2020 - 2030
Figure 30 Rest of Middle East and Africa Knee Implants Market (US Million), 2020 - 2030
List of Tables
Table 1 Global Knee Implants Market By Procedure, 2020-2030, USD (Million)
Table 2 Global Knee Implants Market By Materials, 2020-2030, USD (Million)
Table 3 North America Knee Implants Market By Procedure, 2020-2030, USD (Million)
Table 4 North America Knee Implants Market By Materials, 2020-2030, USD (Million)
Table 5 UK and European Union Knee Implants Market By Procedure, 2020-2030, USD (Million)
Table 6 UK and European Union Knee Implants Market By Materials, 2020-2030, USD (Million)
Table 7 Asia Pacific Knee Implants Market By Procedure, 2020-2030, USD (Million)
Table 8 Asia Pacific Knee Implants Market By Materials, 2020-2030, USD (Million)
Table 9 Latin America Knee Implants Market By Procedure, 2020-2030, USD (Million)
Table 10 Latin America Knee Implants Market By Materials, 2020-2030, USD (Million)
Table 11 Middle East and Africa Knee Implants Market By Procedure, 2020-2030, USD (Million)
Table 12 Middle East and Africa Knee Implants Market By Materials, 2020-2030, USD (Million)
Companies Mentioned
- Aesculap Implants Systems
- CONMED
- ConforMIS
- Exactech
- DePuy Synthes
- Medacta
- MicroPort Scientific
- Kinamed
- OMNI life science
- Stryker
- Smith & Nephew
- Zimmer Biomet.
