Knee Replacement Market analysis by Top Player,Report, Trends, Sales, Share, Revenue Status & Forecast Period 2017-2023

June 19th, 2018 Market Research Future Releases

Market Scenario

Knee replacement is a joint replacement surgery meant for patients with knee damage. Knee damage can be caused by diseases such as osteoarthritis, post-traumatic arthritis, or rheumatoid arthritis or due to an accident.

The knee replacement market is majorly driven by the increasing rate in older population giving rise to old age ailments such as arthritis, osteoporosis, and diabetes. Additionally, the presence of better implant materials, advancement in technologies such as minimally invasive surgery, and heavy research and development in the knee implant industry are likely to enhance the global knee replacement market.

Factors that are likely to hamper the growth of the market are the high cost and growing awareness for some non-surgical treatment methods such as exercises and shoe aids.

Get Sample Copy @ https://www.marketresearchfuture.com/sample_request/1578 .

Global knee replacement market is expected to grow at a CAGR of 6.1% during the forecast period.

Major Key Players

Some of the players in the knee replacement market are Zimmer Inc., DePuy Synthes, Stryker, Smith and Nephew, Kinamed, Inc., Allegra Orthopaedics Limited, and Exactech, Inc.

Intended Audience

Pharmaceutical Manufacturers and Suppliers
Medical Research Laboratories
Research and Development (R&D) Companies
Market Research and Consulting Service Providers
Potential Investors

Segments

The global knee replacement market is segmented on the basis of product type, material, and end-user.

On the basis of product type, the market is segmented into total knee reconstructive implants, partial knee reconstructive implants, and revision knee reconstructive implants. Total knee reconstructive implants are further sub-segmented into mobile bearing implants, fixed bearing implants, medial pivot implants, and others.

On the basis of material, the market is segmented into metal alloy, ceramic material, strong plastic parts, and others.

On the basis of end-user, the market is segmented into hospitals and clinics, specialty centers, and rehabilitation centers.

Apply for Exclusive Discount @ h ttps://www.marketresearchfuture.com/check-discount/1578

Detailed Table of Contents:

1.Report Prologue

2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

TOC Continued…!

Regional Analysis

The North American knee replacement market is a growing market in the Americas region. On a regional basis, the Americas region is segmented into North America and South America. North America is segmented into the U.S. and Canada. Increasing aging population affected by knee joint disorders and increase in awareness level for joint related treatments are likely to enhance the growth of the knee replacement market in the North American region. Additionally, with heavy research and development in the knee implant industry, the companies are offering technologically advanced products to the customers and growing government initiatives are also pushing the growth of the market. According to the American Joint Replacement Registry, around 161,040 joint replacement procedures were performed in the U.S. in 2015. Additionally, according to the United States Census Bureau, around 49.2 million adults aged 65 and above were present in the U.S. as of 2016. Similarly, according to the Center for Disease Control and Prevention, in 2015, around USD 3.2 trillion was spent on healthcare expenditure in the U.S.

Europe is the second largest market and holds a noticeable share in the global knee replacement market. The European market is expected to grow during the forecast period owing to the availability of innovative and advanced treatment facilities and rising skilled medical professionals. Furthermore, the increasing aged population subsequently giving rise to the patient population is likely to enhance the growth of the market. For instance, Eurostat estimated that over 19.2% of the population in Europe were aged 65 and above. This rising older population is likely to lead to rising patient population.

Asia Pacific is expected to be the fastest growing market due to the increasing prevalence of joint disorders such as arthritis and osteoarthritis. China is the fastest growing region owing to its large older population and rising patient population. Rising awareness about health and availability of new treatment methods drives the market in this region. The increasing healthcare expenditure and the overall growth of the healthcare diagnostic and treatment industry also drive the market.

The Middle East and Africa is expected to show the least growth in the market due to some major factors such as lack of awareness and limited access and affordability of treatment facilities. In the Middle East, the United Arab Emirates is the largest market owing to the development of healthcare infrastructure and rising skilled medical professionals.

Ask To Epxerts @ https://www.marketresearchfuture.com/enquiry/1578 .

About US:
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Us:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
Phone: +1 646 845 9312
Email: sales@marketresearchfuture.com

SOZO System FDA Cleared for Protein Calorie Malnutrition Assessment

Nihon Kohden's New Patient Monitor for Outpatient Clinics

Beta Bionics iLet Bionic Pancreas System Gets FDA Breakthrough Designation

Aptar's Nasal Unidose Device Helps Stop Epileptic Seizures

FDA Clears Two New Radiotherapy Planning CTs from Siemens

Macadamian, Radiobotics, and Bispebjerg Hospital Partner on AI Solution for Radiology: Interview

Canon Unveils Aquilion ONE / PRISM Edition Spectral CT Scanner

Samsung Unveils New RS85 Prestige Ultrasound System

Nihon Kohden's New Patient Monitor for Outpatient Clinics

Wearable Iron Lung Helps COPD Patients Breathe Easier

Bonding Rubber and Electrical Components for Soft Medical Sensors

Canon Unveils Aquilion ONE / PRISM Edition Spectral CT Scanner

MolecuLight FDA Cleared to Detect Bacteria Infected Wounds

Exclusive with CELLINK Co-Founders Erik Gatenholm and Dr. Héctor Martínez

Samsung Unveils New RS85 Prestige Ultrasound System

VISTASEAL Fibrin Sealant to Quickly Stop Surgical Bleeds

DNA Circuits to Identify Cancer Cells

Self-Propelled Enzyme-Coated Liposomes for Drug Delivery

Chemo-Loaded Nanoparticles Piggyback on Red Blood Cells to Treat Lung Cancer

Peptoid-Coated Magnetic Beads to Diagnose Prion Diseases, Alzheimer’s, Parkinson’s

First Female Battlefield Simulator to Train Emergency Response

Alvo Medical Shows Off Its Vision of The Future of Operating Room Design

Laser Activated Gold Nanorods Create Silk Seal for Incisions and Wounds

Stick-On Wearable Sweat Sensors to Monitor Exercise, Disease

Bonding Rubber and Electrical Components for Soft Medical Sensors

Dr. Hugh Herr, Founder of BionX: On The Superpowers of Bionic Technologies

Wireless Skin VR System For Prosthetic Users

New Device Improves Speech of People with Parkinson's