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Bionic Smart Knee Market By Material: Global Opportunity Analysis and Industry Forecast, 2024-2033- Product Image
Bionic Smart Knee Market By Material: Global Opportunity Analysis and Industry Forecast, 2024-2033- Product Image
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Bionic Smart Knee Market By Material: Global Opportunity Analysis and Industry Forecast, 2024-2033

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    Report

  • 260 Pages
  • July 2024
  • Region: Global
  • Allied Market Research
  • ID: 5994275
UP TO OFF until Jan 30th 2025
Description Jump to:
The bionic smart knee market was valued at $1.3 billion in 2023 and is projected to reach $2.8 billion by 2033, growing at a CAGR of 7.8% from 2024 to 2033.

A bionic smart knee is a unique prosthetic device utilized for knee replacement. The device is equipped with sensors, microprocessors, and Bluetooth technology, which facilitate the replacement procedure. This smart knee imitates the natural functions of a human knee, along with enhancing comfort and mobility. The primary features of bionic smart knee include its dynamic adjustment capabilities and remarkable gait analysis. Moreover, the device’s connectivity features enable its integration with external devices or mobile apps, allowing users to monitor their performance and customize the settings or performance.

Advancements in technology and material sciences are driving the growth of the bionic smart knee market as these upgraded devices offer refined functionality and experience to the users. In addition, rise in the prevalence of mobility issues and knee injuries, along with surge in awareness regarding the availability of advanced therapeutics is boosting the adoption of bionic smart knee. An emerging trend in the bionic smart knee market is the neuroprosthetic regulation of the device. Control of the smart knee through neural abilities is anticipated to amplify the imitation of natural human gait by the device. To facilitate neural control, the agonist and antagonist muscle pairs critical for knee movement need to be surgically connected to mimic the natural dynamics.

However, the availability of prosthetic devices and the facility to undergo a successful replacement are majorly restricted to developed regions, which hampers the market growth. In addition, the high cost of smart knee administration, maintenance, and insurance coverage prevents budget-sensitive patients from undergoing replacement, which limits the widespread expansion of the market. According to an article by the U.S. News & World Report - an American news magazine - on an average, robotic smart knee replacements cost around $2,400 higher than the conventional replacement surgeries. On the contrary, the market is poised for lucrative opportunities due to the advent of remote health. Bionic smart knee enables remote checkups and post-operative monitoring, eliminating the hassle of multiple hospital visits after surgery.

Segment Review

The bionic smart knee market is segmented into material, end user, and region. On the basis of material, the market is bifurcated into titanium and graphite. As per end user, it is divided into hospitals, orthopedic clinics, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of material, the titanium segment dominates the bionic smart knee market.

As per end user, hospitals are the leading segment in the market.

Region wise, North America was the highest revenue generator in 2023.

Competition Analysis

The key players operating in the global bionic smart knee market include Stryker Corporation., Zimmer Biomet Holdings, Inc., Smith & Nephew plc, Johnson & Johnson, B. Braun Melsungen AG, Medtronic, Össur, Wright Medical Group N.V., Exactech, Inc., and ConforMIS, Inc. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, to strengthen their foothold in the competitive market.

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Key Market Segments

By Material

  • Titanium
  • Graphite

By End User

  • Hospitals
  • Orthopedic Clinics
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • Italy
  • Spain
  • UK
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • Rest of LAMEA
Key Market Players
  • Stryker Corporation.
  • Zimmer Biomet Holdings, Inc.
  • Smith & Nephew plc
  • Johnson & Johnson
  • B. Braun Melsungen AG
  • Medtronic
  • Össur
  • Wright Medical Group N.V.
  • Exactech, Inc.
  • ConforMIS, Inc.

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET LANDSCAPE
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
CHAPTER 4: BIONIC SMART KNEE MARKET, BY MATERIAL
4.1. Market Overview
4.1.1 Market Size and Forecast, By Material
4.2. Titanium
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, By Region
4.2.3. Market Share Analysis, By Country
4.3. Graphite
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, By Region
4.3.3. Market Share Analysis, By Country
CHAPTER 5: BIONIC SMART KNEE MARKET, BY END USER
5.1. Market Overview
5.1.1 Market Size and Forecast, By End User
5.2. Hospitals
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, By Region
5.2.3. Market Share Analysis, By Country
5.3. Orthopedic Clinics
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, By Region
5.3.3. Market Share Analysis, By Country
5.4. Others
5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast, By Region
5.4.3. Market Share Analysis, By Country
CHAPTER 6: BIONIC SMART KNEE MARKET, BY REGION
6.1. Market Overview
6.1.1 Market Size and Forecast, By Region
6.2. North America
6.2.1. Key Market Trends and Opportunities
6.2.2. Market Size and Forecast, By Material
6.2.3. Market Size and Forecast, By End User
6.2.4. Market Size and Forecast, By Country
6.2.5. U.S. Bionic Smart Knee Market
6.2.5.1. Market Size and Forecast, By Material
6.2.5.2. Market Size and Forecast, By End User
6.2.6. Canada Bionic Smart Knee Market
6.2.6.1. Market Size and Forecast, By Material
6.2.6.2. Market Size and Forecast, By End User
6.2.7. Mexico Bionic Smart Knee Market
6.2.7.1. Market Size and Forecast, By Material
6.2.7.2. Market Size and Forecast, By End User
6.3. Europe
6.3.1. Key Market Trends and Opportunities
6.3.2. Market Size and Forecast, By Material
6.3.3. Market Size and Forecast, By End User
6.3.4. Market Size and Forecast, By Country
6.3.5. France Bionic Smart Knee Market
6.3.5.1. Market Size and Forecast, By Material
6.3.5.2. Market Size and Forecast, By End User
6.3.6. Germany Bionic Smart Knee Market
6.3.6.1. Market Size and Forecast, By Material
6.3.6.2. Market Size and Forecast, By End User
6.3.7. Italy Bionic Smart Knee Market
6.3.7.1. Market Size and Forecast, By Material
6.3.7.2. Market Size and Forecast, By End User
6.3.8. Spain Bionic Smart Knee Market
6.3.8.1. Market Size and Forecast, By Material
6.3.8.2. Market Size and Forecast, By End User
6.3.9. UK Bionic Smart Knee Market
6.3.9.1. Market Size and Forecast, By Material
6.3.9.2. Market Size and Forecast, By End User
6.3.10. Rest of Europe Bionic Smart Knee Market
6.3.10.1. Market Size and Forecast, By Material
6.3.10.2. Market Size and Forecast, By End User
6.4. Asia-Pacific
6.4.1. Key Market Trends and Opportunities
6.4.2. Market Size and Forecast, By Material
6.4.3. Market Size and Forecast, By End User
6.4.4. Market Size and Forecast, By Country
6.4.5. China Bionic Smart Knee Market
6.4.5.1. Market Size and Forecast, By Material
6.4.5.2. Market Size and Forecast, By End User
6.4.6. Japan Bionic Smart Knee Market
6.4.6.1. Market Size and Forecast, By Material
6.4.6.2. Market Size and Forecast, By End User
6.4.7. India Bionic Smart Knee Market
6.4.7.1. Market Size and Forecast, By Material
6.4.7.2. Market Size and Forecast, By End User
6.4.8. South Korea Bionic Smart Knee Market
6.4.8.1. Market Size and Forecast, By Material
6.4.8.2. Market Size and Forecast, By End User
6.4.9. Australia Bionic Smart Knee Market
6.4.9.1. Market Size and Forecast, By Material
6.4.9.2. Market Size and Forecast, By End User
6.4.10. Rest of Asia-Pacific Bionic Smart Knee Market
6.4.10.1. Market Size and Forecast, By Material
6.4.10.2. Market Size and Forecast, By End User
6.5. LAMEA
6.5.1. Key Market Trends and Opportunities
6.5.2. Market Size and Forecast, By Material
6.5.3. Market Size and Forecast, By End User
6.5.4. Market Size and Forecast, By Country
6.5.5. Brazil Bionic Smart Knee Market
6.5.5.1. Market Size and Forecast, By Material
6.5.5.2. Market Size and Forecast, By End User
6.5.6. South Africa Bionic Smart Knee Market
6.5.6.1. Market Size and Forecast, By Material
6.5.6.2. Market Size and Forecast, By End User
6.5.7. Saudi Arabia Bionic Smart Knee Market
6.5.7.1. Market Size and Forecast, By Material
6.5.7.2. Market Size and Forecast, By End User
6.5.8. Rest of LAMEA Bionic Smart Knee Market
6.5.8.1. Market Size and Forecast, By Material
6.5.8.2. Market Size and Forecast, By End User
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top Winning Strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top Player Positioning, 2023
CHAPTER 8: COMPANY PROFILES
8.1. Stryker Corporation.
8.1.1. Company Overview
8.1.2. Key Executives
8.1.3. Company Snapshot
8.1.4. Operating Business Segments
8.1.5. Product Portfolio
8.1.6. Business Performance
8.1.7. Key Strategic Moves and Developments
8.2. Zimmer Biomet Holdings, Inc.
8.2.1. Company Overview
8.2.2. Key Executives
8.2.3. Company Snapshot
8.2.4. Operating Business Segments
8.2.5. Product Portfolio
8.2.6. Business Performance
8.2.7. Key Strategic Moves and Developments
8.3. Smith And Nephew Plc
8.3.1. Company Overview
8.3.2. Key Executives
8.3.3. Company Snapshot
8.3.4. Operating Business Segments
8.3.5. Product Portfolio
8.3.6. Business Performance
8.3.7. Key Strategic Moves and Developments
8.4. Johnson And Johnson
8.4.1. Company Overview
8.4.2. Key Executives
8.4.3. Company Snapshot
8.4.4. Operating Business Segments
8.4.5. Product Portfolio
8.4.6. Business Performance
8.4.7. Key Strategic Moves and Developments
8.5. B. Braun Melsungen AG
8.5.1. Company Overview
8.5.2. Key Executives
8.5.3. Company Snapshot
8.5.4. Operating Business Segments
8.5.5. Product Portfolio
8.5.6. Business Performance
8.5.7. Key Strategic Moves and Developments
8.6. Medtronic
8.6.1. Company Overview
8.6.2. Key Executives
8.6.3. Company Snapshot
8.6.4. Operating Business Segments
8.6.5. Product Portfolio
8.6.6. Business Performance
8.6.7. Key Strategic Moves and Developments
8.7. Össur
8.7.1. Company Overview
8.7.2. Key Executives
8.7.3. Company Snapshot
8.7.4. Operating Business Segments
8.7.5. Product Portfolio
8.7.6. Business Performance
8.7.7. Key Strategic Moves and Developments
8.8. Wright Medical Group N.V.
8.8.1. Company Overview
8.8.2. Key Executives
8.8.3. Company Snapshot
8.8.4. Operating Business Segments
8.8.5. Product Portfolio
8.8.6. Business Performance
8.8.7. Key Strategic Moves and Developments
8.9. Exactech, Inc.
8.9.1. Company Overview
8.9.2. Key Executives
8.9.3. Company Snapshot
8.9.4. Operating Business Segments
8.9.5. Product Portfolio
8.9.6. Business Performance
8.9.7. Key Strategic Moves and Developments
8.10. ConforMIS, Inc.
8.10.1. Company Overview
8.10.2. Key Executives
8.10.3. Company Snapshot
8.10.4. Operating Business Segments
8.10.5. Product Portfolio
8.10.6. Business Performance
8.10.7. Key Strategic Moves and Developments
LIST OF TABLES
Table 1. Global Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 2. Bionic Smart Knee Market for Titanium, by Region, 2024 - 2033 ($Billion)
Table 3. Bionic Smart Knee Market for Graphite, by Region, 2024 - 2033 ($Billion)
Table 4. Global Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 5. Bionic Smart Knee Market for Hospitals, by Region, 2024 - 2033 ($Billion)
Table 6. Bionic Smart Knee Market for Orthopedic Clinics, by Region, 2024 - 2033 ($Billion)
Table 7. Bionic Smart Knee Market for Others, by Region, 2024 - 2033 ($Billion)
Table 8. Bionic Smart Knee Market, by Region, 2024 - 2033 ($Billion)
Table 9. North America Bionic Smart Knee Market, by Country, 2024 - 2033 ($Billion)
Table 10. North America Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 11. North America Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 12. U.S. Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 13. U.S. Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 14. Canada Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 15. Canada Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 16. Mexico Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 17. Mexico Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 18. Europe Bionic Smart Knee Market, by Country, 2024 - 2033 ($Billion)
Table 19. Europe Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 20. Europe Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 21. France Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 22. France Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 23. Germany Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 24. Germany Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 25. Italy Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 26. Italy Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 27. Spain Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 28. Spain Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 29. UK Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 30. UK Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 31. Rest of Europe Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 32. Rest of Europe Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 33. Asia-Pacific Bionic Smart Knee Market, by Country, 2024 - 2033 ($Billion)
Table 34. Asia-Pacific Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 35. Asia-Pacific Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 36. China Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 37. China Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 38. Japan Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 39. Japan Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 40. India Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 41. India Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 42. South Korea Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 43. South Korea Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 44. Australia Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 45. Australia Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 46. Rest of Asia-Pacific Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 47. Rest of Asia-Pacific Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 48. LAMEA Bionic Smart Knee Market, by Country, 2024 - 2033 ($Billion)
Table 49. LAMEA Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 50. LAMEA Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 51. Brazil Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 52. Brazil Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 53. South Africa Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 54. South Africa Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 55. Saudi Arabia Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 56. Saudi Arabia Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 57. Rest of LAMEA Bionic Smart Knee Market, by Material, 2024 - 2033 ($Billion)
Table 58. Rest of LAMEA Bionic Smart Knee Market, by End-user, 2024 - 2033 ($Billion)
Table 59. Stryker Corporation.: Key Executives
Table 60. Stryker Corporation.: Company Snapshot
Table 61. Stryker Corporation.: Operating Segments
Table 62. Stryker Corporation.: Product Portfolio
Table 63. Stryker Corporation.: Key Strategic Moves and Developments
Table 64. Zimmer Biomet Holdings, Inc.: Key Executives
Table 65. Zimmer Biomet Holdings, Inc.: Company Snapshot
Table 66. Zimmer Biomet Holdings, Inc.: Operating Segments
Table 67. Zimmer Biomet Holdings, Inc.: Product Portfolio
Table 68. Zimmer Biomet Holdings, Inc.: Key Strategic Moves and Developments
Table 69. Smith and Nephew PLC: Key Executives
Table 70. Smith and Nephew PLC: Company Snapshot
Table 71. Smith and Nephew PLC: Operating Segments
Table 72. Smith and Nephew PLC: Product Portfolio
Table 73. Smith and Nephew PLC: Key Strategic Moves and Developments
Table 74. Johnson and Johnson: Key Executives
Table 75. Johnson and Johnson: Company Snapshot
Table 76. Johnson and Johnson: Operating Segments
Table 77. Johnson and Johnson: Product Portfolio
Table 78. Johnson and Johnson: Key Strategic Moves and Developments
Table 79. B. Braun Melsungen AG: Key Executives
Table 80. B. Braun Melsungen AG: Company Snapshot
Table 81. B. Braun Melsungen AG: Operating Segments
Table 82. B. Braun Melsungen AG: Product Portfolio
Table 83. B. Braun Melsungen AG: Key Strategic Moves and Developments
Table 84. Medtronic: Key Executives
Table 85. Medtronic: Company Snapshot
Table 86. Medtronic: Operating Segments
Table 87. Medtronic: Product Portfolio
Table 88. Medtronic: Key Strategic Moves and Developments
Table 89. Össur: Key Executives
Table 90. Össur: Company Snapshot
Table 91. Össur: Operating Segments
Table 92. Össur: Product Portfolio
Table 93. Össur: Key Strategic Moves and Developments
Table 94. Wright Medical Group N.V.: Key Executives
Table 95. Wright Medical Group N.V.: Company Snapshot
Table 96. Wright Medical Group N.V.: Operating Segments
Table 97. Wright Medical Group N.V.: Product Portfolio
Table 98. Wright Medical Group N.V.: Key Strategic Moves and Developments
Table 99. Exactech, Inc.: Key Executives
Table 100. Exactech, Inc.: Company Snapshot
Table 101. Exactech, Inc.: Operating Segments
Table 102. Exactech, Inc.: Product Portfolio
Table 103. Exactech, Inc.: Key Strategic Moves and Developments
Table 104. Conformis, Inc.: Key Executives
Table 105. Conformis, Inc.: Company Snapshot
Table 106. Conformis, Inc.: Operating Segments
Table 107. Conformis, Inc.: Product Portfolio
Table 108. Conformis, Inc.: Key Strategic Moves and Developments
LIST OF FIGURES
Figure 1. Global Bionic Smart Knee Market, 2024 - 2033
Figure 2. Segmentation of Bionic Smart Knee Market, 2024 - 2033
Figure 3. Top Investment Pocket in Bionic Smart Knee Market
Figure 4. Moderate Bargaining Power of Buyers
Figure 5. Moderate Bargaining Power of Suppliers
Figure 6. Moderate Threat of New Entrants
Figure 7. Low Threat of Substitution
Figure 8. High Competitive Rivalry
Figure 9. Opportunities, Restraints and Drivers: Globalbionic Smart Knee Market
Figure 10. Global Bionic Smart Knee Market Segmentation, by Material
Figure 11. Bionic Smart Knee Market for Titanium, by Country, 2024 - 2033 ($Billion)
Figure 12. Bionic Smart Knee Market for Graphite, by Country, 2024 - 2033 ($Billion)
Figure 13. Global Bionic Smart Knee Market Segmentation, by End-user
Figure 14. Bionic Smart Knee Market for Hospitals, by Country, 2024 - 2033 ($Billion)
Figure 15. Bionic Smart Knee Market for Orthopedic Clinics, by Country, 2024 - 2033 ($Billion)
Figure 16. Bionic Smart Knee Market for Others, by Country, 2024 - 2033 ($Billion)
Figure 17. Top Winning Strategies, by Year, 2021-2023*
Figure 18. Top Winning Strategies, by Development, 2021-2023*
Figure 19. Top Winning Strategies, by Company, 2021-2023*
Figure 20. Product Mapping of Top 10 Players
Figure 21. Competitive Dashboard
Figure 22. Competitive Heatmap: Bionic Smart Knee Market
Figure 23. Top Player Positioning, 2023
Figure 24. Stryker Corporation.: Net Sales, 2021-2023 ($Billion)
Figure 25. Stryker Corporation.: Revenue Share, by Segment, 2023 (%)
Figure 26. Stryker Corporation.: Revenue Share, by Region, 2023 (%)
Figure 27. Zimmer Biomet Holdings, Inc.: Net Sales, 2021-2023 ($Billion)
Figure 28. Zimmer Biomet Holdings, Inc.: Revenue Share, by Segment, 2023 (%)
Figure 29. Zimmer Biomet Holdings, Inc.: Revenue Share, by Region, 2023 (%)
Figure 30. Smith and Nephew PLC: Net Sales, 2021-2023 ($Billion)
Figure 31. Smith and Nephew PLC: Revenue Share, by Segment, 2023 (%)
Figure 32. Smith and Nephew PLC: Revenue Share, by Region, 2023 (%)
Figure 33. Johnson and Johnson: Net Sales, 2021-2023 ($Billion)
Figure 34. Johnson and Johnson: Revenue Share, by Segment, 2023 (%)
Figure 35. Johnson and Johnson: Revenue Share, by Region, 2023 (%)
Figure 36. B. Braun Melsungen AG: Net Sales, 2021-2023 ($Billion)
Figure 37. B. Braun Melsungen AG: Revenue Share, by Segment, 2023 (%)
Figure 38. B. Braun Melsungen AG: Revenue Share, by Region, 2023 (%)
Figure 39. Medtronic: Net Sales, 2021-2023 ($Billion)
Figure 40. Medtronic: Revenue Share, by Segment, 2023 (%)
Figure 41. Medtronic: Revenue Share, by Region, 2023 (%)
Figure 42. Össur: Net Sales, 2021-2023 ($Billion)
Figure 43. Össur: Revenue Share, by Segment, 2023 (%)
Figure 44. Össur: Revenue Share, by Region, 2023 (%)
Figure 45. Wright Medical Group N.V.: Net Sales, 2021-2023 ($Billion)
Figure 46. Wright Medical Group N.V.: Revenue Share, by Segment, 2023 (%)
Figure 47. Wright Medical Group N.V.: Revenue Share, by Region, 2023 (%)
Figure 48. Exactech, Inc.: Net Sales, 2021-2023 ($Billion)
Figure 49. Exactech, Inc.: Revenue Share, by Segment, 2023 (%)
Figure 50. Exactech, Inc.: Revenue Share, by Region, 2023 (%)
Figure 51. Conformis, Inc.: Net Sales, 2021-2023 ($Billion)
Figure 52. Conformis, Inc.: Revenue Share, by Segment, 2023 (%)
Figure 53. Conformis, Inc.: Revenue Share, by Region, 2023 (%)

Companies Mentioned

Key Market Players in the Bionic Smart Knee Market include:
  • Stryker Corporation.
  • Zimmer Biomet Holdings, Inc.
  • Smith & Nephew plc
  • Johnson & Johnson
  • B. Braun Melsungen AG
  • Medtronic
  • Össur
  • Wright Medical Group N.V.
  • Exactech, Inc.
  • ConforMIS, Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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Table Information

Report AttributeDetails
No. of Pages260
PublishedJuly 2024
Forecast Period2023 - 2033
Estimated Market Value ( USD ) in 2023 $ 1.3 billion
Forecasted Market Value ( USD ) by 2033 $ 2.8 billion
Compound Annual Growth Rate7.8%
Regions CoveredGlobal
No. of Companies Mentioned11

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