United States, Seattle – Stratagem Market Insights recently published a new study on the Knee Implants Market. The report provides an overview of the market and offers a detailed analysis of the industry. The study provides statistical data represented in tables, pie charts, graphs and numbers to help better understand the market. The Knee Implants Market report includes a comprehensive analysis of the regions and the competitors associated with the market. The report provides an overview of the current market scenario, along with precise estimates of the growth of the industry. The research report provides a comprehensive assessment of the market and provides forward-looking perspectives regarding market trends, growth factors, facts, and industry-validated market data. The research study provides an accurate forecast estimate of the Knee Implants market to 2028. The report also covers a comprehensive analysis of the competitive landscape with detailed profiling of the major competitors.
Additionally, the report is updated with changes in market dynamics and economic scenarios due to the COVID-19 pandemic. The report assesses the impact of the pandemic on the global market and provides a detailed assessment of the present and future impact of the COVID-19 pandemic on the industry.
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Knee Implants Market Overview:
Knee implants can be used to replace a damaged or missing knee, providing an extra pair of legs. Reconstructive surgery involving knee implants can help to make damaged knees stronger and more functional. Although rare, these serious complications can occur as a result of non-verifiable situations such as improper procedure, bone deterioration, bone spurs due to bursitis, and changes in body weight. The global knee implants market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global knee implants market is expected to witness significant growth during the forecast period, owing to the increasing number of knee injury cases.
Knee Implants Market Drivers:
Increasing prevalence of osteoarthritis is expected to drive the global knee implants market during the forecast period. According to the Centers for Disease Control and Prevention (CDC), in 2015, around 54.4 million adults in the U.S. suffered from osteoarthritis, which is expected to increase to 78 million by 2040. Such a high prevalence of osteoarthritis has increased the demand for knee implants. Hence, such factors are expected to drive the growth of the global knee implants market during the forecast period. Furthermore, an increasing number of knee injury cases is expected to propel the global knee implants market growth over the forecast period.
Knee Implants Market Restraint:
High cost of the implants and procedure is expected to hinder the global knee implants market growth over the forecast period.
Among regions, North America is expected to witness significant growth in the global knee implants market during the forecast period. This is owing to the geriatric population and the rising prevalence of arthritis in the region. Furthermore, Asia Pacific is expected to register a robust growth rate, owing to rapidly improving healthcare infrastructure in emerging economies such as India and China.
Knee Implants – Competitive Section
Major companies involved in the global knee implants market are B. Braun, Stryker, Smith & Nephew, Becton Dickinson, Medtronic, and Zimmer Biomet Holdings Inc.
For instance, in August 2021, Zimmer Biomet Holdings, Inc. and Canary Medical received the U.S. Food and Drug Administration (FDA) De Novo classification grant and authorization to market the first smart knee implant Persona IQ.
The Knee Implants Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST, and Porter’s Five Forces analyses of the Knee Implants Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
Points Covered in The Report:
- The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2015 to 2020 and the knee implants market forecast data from 2021 to 2028.
- The knee implants market growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
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The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Knee Implants Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Knee Implants Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Stainless Steel
- Cobalt-chromium Alloys
- Titanium and Titanium Alloys
By Applications, the market is segmented into:
- Pharmaceutical and Biotech Companies
- Clinical Diagnostic Labs
- Process Control Industries
The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
Reasons to Purchase this Report –
– The trendy developments, market shares, and strategies that are employed by means of the essential market players
– The segment that is anticipated to dominate the market as properly as the segment which holds the highest CAGR in the forecast period
– Current and future of global Knee Implants market outlook in the developed and rising markets
– Regions/countries that are anticipated to witness the quickest growth rates at some stage in the forecast period
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Major Points in Knee Implants Market Report Table of Content:
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Knee Implants Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Knee Implants Industry Impact
Chapter 2 Knee Implants Competition by Types, Applications, and Top Regions and Countries
2.1 Knee Implants (Volume and Value) by Type
2.3 Knee Implants (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Knee Implants Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Knee Implants Market Analysis
Chapter 6 East Asia Knee Implants Market Analysis
Chapter 7 Europe Knee Implants Market Analysis
Chapter 8 South Asia Knee Implants Market Analysis
Chapter 9 Southeast Asia Knee Implants Market Analysis
Chapter 10 Middle East Knee Implants Market Analysis
Chapter 11 Africa Knee Implants Market Analysis
Chapter 12 Oceania Knee Implants Market Analysis
Chapter 13 South America Knee Implants Market Analysis
Chapter 14 Company Profiles and Key Figures in Knee Implants Business
Chapter 15 Knee Implants Market Forecast (2021-2028)
Chapter 16 Conclusions
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