Global Total Knee Replacement Market Revenue Will Likely Surpass USD 11 Billion In 2025

27-Feb-2020 | Zion Market Research

Zion Market Research has published a new report titled “Global Total knee replacement Market – By Product (Partial Knee Replacement Systems, Primary Knee Replacement Systems, and Revision Knee Replacement Systems), By Implant Type (Mobile-Bearing Implants, Fixed-Bearing Implants, Medial Pivot Implants, and Others), By Polyethylene Inserts (Antioxidant Polyethylene Inserts, Highly Cross-Linked Polyethylene Inserts, and Conventional Polyethylene Inserts), By Material (Metal-On-Metal, Metal-On-Plastic, Ceramic-On-Ceramic, and Ceramic-On-Plastic), By Component (Patellar, Tibial, and Femoral), By Device Type (Unicompartmental Knee Implants, Bi-Compartmental Knee Implants, and Tri-Compartmental Knee Implants), By Surgery Type (Traditional and Technology Assisted), By Fixation Material (Cementless, Cemented, and Hybrid), By Design (Posterior Stabilized Design, Cruciate Retaining Design, and Others), By End-Use (Ambulatory Surgery Centers, Hospitals, and Others), And By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” According to the report, global demand for the total knee replacement market was valued at around USD 9 Billion in 2019 and is anticipated to exceed USD 11 Billion in 2025, growing at a CAGR of over 4% between 2019 and 2025.

Browse the full “Global Total knee replacement Market – By Product (Partial Knee Replacement Systems, Primary Knee Replacement Systems, and Revision Knee Replacement Systems), By Implant Type (Mobile-Bearing Implants, Fixed-Bearing Implants, Medial Pivot Implants, and Others), By Polyethylene Inserts (Antioxidant Polyethylene Inserts, Highly Cross-Linked Polyethylene Inserts, and Conventional Polyethylene Inserts), By Material (Metal-On-Metal, Metal-On-Plastic, Ceramic-On-Ceramic, and Ceramic-On-Plastic), By Component (Patellar, Tibial, and Femoral), By Device Type (Unicompartmental Knee Implants, Bi-Compartmental Knee Implants, and Tri-Compartmental Knee Implants), By Surgery Type (Traditional and Technology Assisted), By Fixation Material (Cementless, Cemented, and Hybrid), By Design (Posterior Stabilized Design, Cruciate Retaining Design, and Others), By End-Use (Ambulatory Surgery Centers, Hospitals, and Others), And By Region: Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/total-knee-replacement-market

Global Total Knee Replacement Market

“Primary knee replacement systems” under the product segment is directing the global market

Primary knee replacement systems, also known as total knee replacement, held a major revenue share of the global total knee replacement market. Moreover, the segment is anticipated to grow substantially throughout the forecast period owing to its long-term pain relief and function restoration property.

Under device type segment, “tri-compartmental knee replacement systems” category dominates in the global market

Tri-compartmental knee replacement systems involve a surgical procedure for the total knee replacement. Such surgery is prescribed in cases with severe knee osteoarthritis. In this condition, the area surrounding the knee joint starts swelling, pain arises in the knee, and the knee becomes stiff, which leads to joint buckling & weakness. Therefore, to mitigate the growing knee pain along with the restoration of the knee alignment & function, doctors recommend patients to go for tri-compartment knee replacement operation. Thus, the growing incidences of knee osteoarthritis are eventually fueling the segmental demand, thereby propelling the global total knee replacement market.

Technology-assisted surgery is witnessing phenomenal growth in the coming years

Although traditional surgery procedures are majorly employed for total knee replacement across the globe, technology-assisted surgical procedures are likely to be in more demand during the forecast period. The key factors decelerating the growth of traditional surgery for knee replacement are high operation costs and several post-operational impediments.

North America contributed to generate over half of the total revenue generated by the global total knee replacement market

In 2019, North America’s total knee replacement market held over half of the global market share and is projected to flourish remarkably during the study timeframe. The significantly growing incidences for knee replacement in the U.S. are primarily boosting the global total knee replacement market.

Some of the key players of the global total knee replacement market are ConforMIS Inc., MicroPort Scientific Corporation, C2F Implants, Zimmer Biomet, Waldemar LINK GmbH & Co. KG, DePuy Synthes, Stryker, Exactech Inc., DJO Global, Smith & Nephew Medacta, B. Braun, and Corin Group.

The global total knee replacement market is segmented as:

Global Total Knee Replacement Market: By Product Segmentation Analysis

  • Partial Knee Replacement Systems
  • Primary Knee Replacement Systems
  • Revision Knee Replacement Systems

Global Total Knee Replacement Market: By Implant Type Segmentation Analysis

  • Mobile-bearing Implants
  • Fixed-bearing Implants
  • Medial Pivot Implants
  • Others

Global Total Knee Replacement Market: By Polyethylene Inserts Segmentation Analysis

  • Antioxidant Polyethylene Inserts
  • Highly Cross-Linked Polyethylene Inserts
  • Conventional Polyethylene Inserts

Global Total Knee Replacement Market: By Material Segmentation Analysis

  • Metal-On-Metal
  • Metal-On-Plastic
  • Ceramic-On-Ceramic
  • Ceramic-On-Plastic

Global Total Knee Replacement Market: By Component Segmentation Analysis

  • Patellar
  • Tibial
  • Femoral

Global Total Knee Replacement Market: By Device Type Segmentation Analysis

  • Unicompartmental Knee Implants
  • Bi-Compartmental Knee Implants
  • Tri-Compartmental Knee Implants

Global Total Knee Replacement Market: By Surgery Type Segmentation Analysis

  • Traditional
  • Technology-Assisted

Global Total Knee Replacement Market: By Fixation Material Segmentation Analysis

  • Cementless
  • Cemented
  • Hybrid

Global Total Knee Replacement Market: By Design Segmentation Analysis

  • Posterior Stabilized Design
  • Cruciate Retaining Design
  • Others

Global Total Knee Replacement Market: By End-Use Segmentation Analysis

  • Ambulatory Surgery Centers
  • Hospitals
  • Others

Global Total Knee Replacement Market: By Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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