Knee Implants Market – Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Knee Implants Market By Product Type (Kneecap Replacement, Partial Knee Replacement, Total Knee replacement, Others), By Material (Cobalt-Chromium Alloys, Titanium Alloys, Stainless Steel, Ceramics, Polyethylene, Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)), and Geography

 

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Report

Description

Knee Implants Market Outline

Knee implants are used in the knee replacement surgery or arthroplasty to replace the damaged cartilage and bone to recreate the joint surface. Knee implants are made up of metal alloys, strong plastic parts, or ceramic materials. Knee implants are used in the kneecap replacement, complex knee replacement, partial knee replacement, and total knee replacement surgeries. Knee implantation is commonly performed for patients with rheumatoid arthritis, osteoarthritis, and psoriatic arthritis. Knee Implants is one of the most effective and widely used ways to relieve the knee arthritis pain. Technological advancements in the knee implants market such as minimal invasive surgery, improved implant materials and their success rates are allowing even the younger population to undergo knee implants surgery ultimately driving the knee implants market significantly. The global knee implants market is also promoted by the technologies such as 3D printed knee implants which is being manufactured by the U.S. based medical company ConforMIS. Introduction of advanced technologies and products for are anticipated to keep the industry rivalry and market growth at par over the forecast period. For example, X3 Advanced Bearing Technology and Mako Robotic-Arm Assisted Technology with capabilities of providing patient-specific 3-D model to plan partial knee replacement surgery. As per the U.S. Department of Health & Human Services, it is estimated that around 294,000 children below the age of 18 suffer from arthritis or rheumatic condition in the U.S.

Knee Implants Market

MARKET SUMMARY
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  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR–X%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Knee Implants Market Analysis

  • The major market participants are adopting the strategies such as mergers and acquisitions to position themselves as strong players.
  • In September 2017, Zimmer Biomet launched Persona partial knee system used in the partial knee replacement surgery.
  • The rising penetration of bone-muscle distortion therapies in cases of accidents, hereditary diseases, and obesity amongst the youth is estimated to propel the sector growth of the mobile-bearing implants in near future.
Market Leaders
  • Stryker Corporation (U.S.)
  • Zimmer Biomet Holdings (U.S.)
  • DePuy Synthes (U.S.)
  • Aesculap Implants Systems, LLC (U.S.)
  • Medacta (Switzerland)
  • Exactech, Inc. (U.S.)
  • CONMED (U.S.)
  • MicroPort Orthopedics, Inc (U.S.A)
  • Kinamed, Inc.(U.S.)
Knee Implants Market

Drivers and Restraints

Increase in the prevalence of osteoporosis and rheumatoid arthritis is a key factor drives the global knee implants market over the forecast years. Moreover, technological advancements of knee replacement surgeries, rise in R&D for the development of innovative implants, rise in prevalence of obesity and diabetes due to change in lifestyle, and increase in healthcare expenditure are surge the global knee implants market. However, high cost of products, stringent regulations for product approval, and dearth of skilled professionals are restrain the global knee replacement market over the forecast timeframe.


Knee Implants Market Regional Analysis

North America dominates the market

North America knee implants market is poised to grow due to rise in prevalence of osteoarthritis and rheumatoid arthritis, increase in R&D for the development of newer products by market players, and sophisticated healthcare infrastructure are bolster the market. Europe knee implants market is driving by rise in adoption of newer knee implants and procedures, presence of skilled professionals in developed countries, and increase in prevalence of lifestyle disorders such as obesity and diabetes couple with rise in number of sports injuries are surge the market. Asia Pacific knee implants market has prominent share attributed to increase in the medical tourism in Asia Pacific countries, rise in disposable income, and large patient pool in Asia Pacific region are fuel the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Knee Implants Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • Stryker Corporation (U.S.)
  • Zimmer Biomet Holdings (U.S.)
  • DePuy Synthes (U.S.)
  • Aesculap Implants Systems, LLC (U.S.)
  • Medacta (Switzerland)
  • Exactech, Inc. (U.S.)
  • CONMED (U.S.)
  • MicroPort Orthopedics, Inc (U.S.A)
  • Kinamed, Inc.(U.S.)
  • OMNIlife science Inc. (U.S.)
  • ConforMIS(U.S.)

Description

Knee Implants Market Outline

Knee implants are used in the knee replacement surgery or arthroplasty to replace the damaged cartilage and bone to recreate the joint surface. Knee implants are made up of metal alloys, strong plastic parts, or ceramic materials. Knee implants are used in the kneecap replacement, complex knee replacement, partial knee replacement, and total knee replacement surgeries. Knee implantation is commonly performed for patients with rheumatoid arthritis, osteoarthritis, and psoriatic arthritis. Knee Implants is one of the most effective and widely used ways to relieve the knee arthritis pain. Technological advancements in the knee implants market such as minimal invasive surgery, improved implant materials and their success rates are allowing even the younger population to undergo knee implants surgery ultimately driving the knee implants market significantly. The global knee implants market is also promoted by the technologies such as 3D printed knee implants which is being manufactured by the U.S. based medical company ConforMIS. Introduction of advanced technologies and products for are anticipated to keep the industry rivalry and market growth at par over the forecast period. For example, X3 Advanced Bearing Technology and Mako Robotic-Arm Assisted Technology with capabilities of providing patient-specific 3-D model to plan partial knee replacement surgery. As per the U.S. Department of Health & Human Services, it is estimated that around 294,000 children below the age of 18 suffer from arthritis or rheumatic condition in the U.S.

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