Knee Implants Market Report 2025

The knee implants market size has grown steadily in recent years. It will grow from $11.64 billion in 2024 to $12.18 billion in 2025 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to rising aging population, prevalence of osteoarthritis, advancements in implant materials, increasing acceptance of minimally invasive surgeries, patient awareness and education programs.

The knee implants market size is expected to see strong growth in the next few years. It will grow to $15.73 billion in 2029 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to personalized and customized implants rise in sports-related injuries, increasing global health expenditure, advancements in robotics-assisted surgery, rising obesity rates, focus on outpatient and ambulatory surgery centers. Major trends in the forecast period include patient-specific implants, minimally invasive surgery (mis), smart implants and iot integration, biocompatible materials and surface technologies, outpatient knee replacement surgery.

The anticipated rise in the prevalence of orthopedic disorders is poised to drive the growth of the knee implants market in the foreseeable future. Orthopedic disorders encompass illnesses or injuries affecting the musculoskeletal system, comprising bones, joints, muscles, tendons, and ligaments. Individuals with orthopedic conditions can alleviate pain and disability by replacing damaged knee joint surfaces with knee implants, making the increasing prevalence of orthopedic disorders a significant driver for the knee implant market. As reported by the Centers for Disease Control and Prevention, it is projected that 25.9% of the expected total adult population, equivalent to 78.4 million individuals aged 18 and older, will have arthritis by 2040. Furthermore, an additional 34.6 million individuals (43.2% of arthritis-affected adults or 11.4% of all US adults) are predicted to face activity limitations related to arthritis by the same year. Consequently, the surge in orthopedic disorders is fostering the growth of the knee implants market.

The increasing geriatric population is anticipated to drive the growth of the knee implant market in the coming years. The term "geriatric population" refers to the demographic segment consisting of elderly individuals, typically those aged 65 and older. As people age, the demand for knee implants rises significantly due to the higher incidence of osteoarthritis and age-related degenerative changes in the knee joints. For example, in January 2024, the Population Reference Bureau, a U.S.-based nonprofit organization focused on collecting and providing statistics, projected that the number of Americans aged 65 and older will increase from 58 million in 2022 to 82 million by 2050, representing a 47% increase. Thus, the growing geriatric population is a key factor driving the knee implant market.

Technological advancements are emerging as a significant trend in the knee implants market. Leading companies in this field are concentrating on developing surgical robotic technology to improve the precision and efficiency of knee replacement surgeries, enhance patient outcomes, and shorten recovery times. Surgical robotic technology involves the use of advanced robotic systems and tools that assist surgeons in performing complex medical procedures with increased accuracy, control, and flexibility. For example, in June 2024, Meril, a medical technology company based in India, introduced the MISSO robotic system. This system is designed to improve knee implant surgeries by facilitating precise, automated bone resections without the need for traditional cutting guides. By utilizing advanced technologies, MISSO allows for personalized 3D preoperative planning tailored to each patient’s unique anatomy, ensuring optimal implant alignment and better surgical results. Additionally, this system reduces the likelihood of human error while enhancing patient safety and speeding up recovery times through its real-time monitoring and adjustment capabilities during procedures.

Major players in the knee implant market are also focusing on innovative products to better cater to the needs of their existing consumers. An example is the Mako Total Knee 2.0, a knee replacement structure that combines Stryker's advanced robotic technology with the clinically effective Triathlon Total Knee System. In March 2023, Stryker Corporation launched Mako Total Knee 2.0, featuring a new streamlined design, customizable workflow, and other important characteristics. Notably, it includes an innovative electronic tensioner enabling physicians to assess knee stability intraoperatively during a total knee arthroplasty (TKA) without additional instrumentation.

In January 2022, Smith+Nephew, a UK-based medical technology company, completed the acquisition of Engage Surgical for $135 million. This strategic move is expected to enhance Smith+Nephew's robotics and real-time intelligence capabilities, particularly for partial knee operations, providing precise alignment. The acquisition aims to expand Smith+Nephew's market share in the US and other markets. Engage Surgical, a US-based knee implant manufacturer, is known for designing the only available cementless partial knee system in the US.

Major companies operating in the knee implants market include Johnson & Johnson Services Inc., Zimmer Biomet, Stryker Corporation, Smith+Nephew PLC, Aesculap Inc., Exatech Inc., MicroPort Scientific Corp., CONMED Corporation, Conformis Inc., Corin Group, Medacta International, B. Braun SE, ARTIQO GmbH, Arthrex Inc., Enovis Corp., Hospital for Special Surgery, Medtronic plc, LimaCorporate S.p.A., Physica system Trabecular Titanium, SurgTech Inc., Waldemar Link GmbH & Co KG, Engage Surgical LLC, CORI Medical Ltd., Wright Medical Group Inc, Biomet Inc., Kyocera Medical Technologies Inc, DJO Global, OrthoPedic Implant Xperts, CORENTEC Co. Ltd.

North America was the largest region in the knee implant market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global knee implants market report during the forecast period. The regions covered in the knee implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the knee implants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Knee implants pertain to a category of knee replacement surgery aimed at replacing specific damaged or worn-out elements of the knee joint. This surgical intervention aims to enhance knee functionality and alleviate pain. Knee implants are prosthetics designed to replicate the movements and functionality of a healthy human knee.

The primary types of knee implant products include total knee replacement, partial knee replacement, and revision knee replacement. These procedures involve the use of various components, including fixed-bearing implants and mobile-bearing implants. Total knee replacement (TKR) is a standard orthopedic procedure wherein smooth metal and highly cross-linked polyethylene plastic are employed to replace the articular surfaces (femoral condyles and tibial plateau) of the knee joint. The materials utilized encompass stainless steel, cobalt-chromium alloys, titanium alloys, polyethylene, ceramics, and others. Multiple fixation types, such as cemented, cementless, and hybrid, are utilized, and the end users include hospitals and orthopedic clinics, ambulatory surgical centers, among others.

The knee implants market research report is one of a series of new reports that provides knee implants market statistics, including knee implants industry global market size, regional shares, competitors with a knee implants market share, detailed knee implants market segments, market trends and opportunities, and any further data you may need to thrive in the knee implants industry. This knee implants market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The knee implants market includes revenues earned by entities by knee replacement, double knee replacement, knee resurfacing, osteotomy knee surgery, and other related treatments or services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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