The rising prevalence of several orthopedic diseases, increasing technological advancements and the growing aging population has augmented the market growth of knee arthroplasty globally. The increasing prevalence of osteoarthritis will further contribute to this market growth. Osteoarthritis is one of the most common reasons for knee replacement surgeries globally. According to the Canadian Institute for Health Information, approximately 70,000 knee replacements were performed in Canada in 2017–2018. It is also estimated that the number of patients undergoing joint replacements surgeries would drastically increase in the coming years.
Some of the prominent players in the global knee arthroplasty market include:
Zimmer Biomet, Stryker, B. Braun Melsungen AG, DePuy Synthes, Integra LifeSciences Corporation, Corin, Allegra, Arthrex, Inc, Exactech, Inc., and Wright Medical Group N.V., among others.
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Robotic total knee replacement, press-fit implant technology, customized 3-D implant printing, wound closure technology, neuromuscular electrical stimulation, innovative pain management technologies, and other advanced procedures will further propel the global knee arthroplasty market. For instance, Corin, a worldwide orthopedic manufacturer of functional implants and other medical equipment, launched Unity Knee with EquiBalance instrumentation, at the American Academy of Orthopaedic Surgeons (AAOS) 2018 Annual Meeting to facilitate ligament balancing and soft-tissue preservation during total knee replacement surgeries.
The Knee Arthroplasty Market is segmented on the basis of Product, Component, Implant Design, End Users and region.
Major Product of Knee Arthroplasty Market covered are:
- Primary Knee Systems
- Revision Knee Systems
- Partial Knee Systems
Major Component of Knee Arthroplasty Market covered are:
- Total Knee Component
- Femoral Component
- Tibial Component
- Patellar Component
Major Implant Design of Knee Arthroplasty Market covered are:
- Posterior-Stabilized Designs
- Cruciate-Retaining Designs
- Bicruciate-Retaining Designs
Major End-users of Knee Arthroplasty Market covered are:
- Hospitals
- Orthopedic Specialty Centers
- Ambulatory Surgical Centers (ASC’s)
Players operating in the knee arthroplasty market are increasingly resorting to ‘Inorganic Growth Strategy’ to fortify their foothold in the market. Strategic developments, such as mergers & acquisitions and partnerships are contributing significantly to market growth. For instance, in March 2019, Exactech, Inc., acquired XpandOrtho, a manufacturer of soft-tissue balancing instruments required in knee replacement surgeries. Exactech will incorporate XpandOrtho’s technology to improve its ExactechGPS Guided Personalized Surgery System, a compact, surgeon-controlled navigation system that assists in both shoulder & knee replacement surgeries.
There are several non-surgical alternatives, such as lifestyle modification, exercise, physical therapy, anti-inflammatory medications, dietary supplement, joint fluid therapy and bracing, which physicians encourage patients to try before undergoing knee arthroplasty. The adoption of these non-surgical alternatives to knee surgery is likely to restrain market growth to a certain extent.
Research objectives:-
– To study and analyze the global Knee Arthroplasty consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Knee Arthroplasty market by identifying its various sub-segments.
– Focuses on the key global Knee Arthroplasty manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Knee Arthroplasty with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Contents
- INTRODUCTION
- Market Definition
- Market Classification
- Geographic Scope
- Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecast Years – 2019 to 2030
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Data Validation and Triangulation
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESSMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
- UNIQUE SELLING PROPOSITIONS (USPs)
- Technological Advancement
- Epidemiological Assessment
- GLOBAL KNEE ARTHROPLASTY MARKET – ANALYSIS & FORECAST, BY PRODUCT
- Primary Knee Systems
- Revision Knee Systems
- Partial Knee Systems
- GLOBAL KNEE ARTHROPLASTY MARKET – ANALYSIS & FORECAST, BY COMPONENT
- Total Knee Component
- Femoral Component
- Tibial Component
- Patellar Component
- GLOBAL KNEE ARTHROPLASTY MARKET – ANALYSIS & FORECAST, BY IMPLANT DESIGN
- Posterior-Stabilized Designs
- Cruciate-Retaining Designs
- Bicruciate-Retaining Designs
- GLOBAL KNEE ARTHROPLASTY MARKET – ANALYSIS & FORECAST, BY END USER
- Hospitals
- Orthopedic Specialty Centers
- Ambulatory Surgical Centers (ASC’s)
- GLOBAL KNEE ARTHROPLASTY – ANALYSIS & FORECAST, BY REGION
- North America Knee Arthroplasty Market
- Europe Knee Arthroplasty Market
- Asia Pacific Knee Arthroplasty Market
- Rest of the World (ROW) Knee Arthroplasty Market
- COMPANY PROFILES (Business Overview, Products Offered, Financial Performance, Recent Developments)*
- Zimmer Biomet
- Stryker
- B. Braun Melsungen AG
- DePuy Synthes
- Integra LifeSciences Corporation
- Corin
- Allegra
- Arthrex, Inc
- Exactech, Inc
- Wright Medical Group N.V.
*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain
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