Knee arthroplasty is commonly known as knee replacement surgery. It is a surgical procedure to resurface a damaged knee. Plastic, ceramic and/or metal parts are used to cap the ends of the bones that form the knee joint, along with the kneecap. This surgery is recommended for an individual who suffers from acute arthritis of any severe knee injury. Several types of arthritis might affect the knee joint, and it is the most common surgery for patients with knee diseases, such as osteoarthritis, rheumatoid arthritis or post-traumatic arthritis. Osteoarthritis which is a degenerative joint disease may cause the breakdown of neighboring bones in the knee and joint cartilage; it affects more prominently the middle-aged and elderly people. Whereas, rheumatoid arthritis causes the synovial membrane to inflame and swell and lead to production of excess synovial fluid, and in return might cause stiffness and pain. The main focus of knee arthroplasty is to resurface few parts of the knee joint which have been injured and damaged and alleviate excruciating pain from the knees which cannot be controlled by any other treatment. The surgical procedure of knee arthroplasty includes several steps in order to implant the prosthetic device and thereby replace the damaged knee. Presently, there are various types of implants available which are made of ceramic material, metal alloys, or robust plastic parts.
Top Manufactures Analysis of Knee Arthroplasty: Zimmer, Stryker, Small Bone Innovations, B. Braun Medical, Small Bone Innovations, Inc, Arthrex, Exactech, Allegra Orthopaedics, Corin, Aesculap Implant Systems
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The global knee arthroplasty market is predicted to witness a considerable growth while constantly growing at a high CAGR during the forecast period owing to enhanced technology in knee replacement market such as better implant materials, minimal invasive surgery, and increased success rates. The global knee arthroplasty market is also driven by the technologies such as 3D printed implants. Medical company called ConforMIS based in the United States has been manufacturing 3D printed knee implants. The escalated demand for knee implants has lead to a new and innovated phase of product development and technological enhancements. Some of the factors which are positively contributing toward the growth of this industry’s market are obesity, diabetes, osteoporosis, sports-related injuries and increased geriatric population. Knee arthroplasty has been widely accepted even by the younger population owing to the durability and minimal invasive procedures. Even though the knee arthroplasty market has been experiencing a huge demand amongst global population, there a few challenges such as economic slowdown which is hindering the market from growing. Escalated cost of the surgery, increasing competition, rise in the number of original equipment manufacturers (OEM) in the market and budding awareness about ways to prevent a knee replacement surgery such as exercises, weightloss, walking aids, and pain killer medicines, are few other reasons due to which the global knee arthroplasty might face a roadblock.
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Geographically, the North American and European market of knee arthroplasty is estimated to lead the global market followed by Middle Eastern and Asia Pacific markets. While North America and Europe are predicted to account for a lucrative growth during the forecast period, there has been an increasing demand of knee replacement surgery devices in the Asia Pacific regions owing to increased awareness for potential treatments, increasing geriatric population and patients with joint afflictions. Many manufacturing companies are broadening their respective market share with the help of insistent marketing activities and growing awareness amongst population. Some of the major market players of the global knee Zimmer, Stryker, Small Bone Innovations, B. Braun Medical, Small Bone Innovations, Inc, Arthrex, Exactech, Allegra Orthopaedics, Corin, Aesculap Implant Systems
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