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    Knee Replacement Market, Size, Share, Global Forecast 2024-2030, Industry Trends, Growth, Insight, Top Companies Analysis

    Excel: 12
    PDF: 24
    Jun 2021
    Pages: 135

    Knee Replacement Market Outlook

    Knee replacement is a surgical procedure that minimizes pain and enhances the quality of life in patients with severe arthritis. Worldwide more and more patients are adopting minimally invasive surgeries. As they are being introduced to advanced technologies products like X3 Advanced Bearing Technology and Mako Robotic-Arm Assisted Technology with capabilities of providing the patient-specific 3-D model and better implant materials are likely to stimulate the growth of the knee replacement market.


    Furthermore, increasing penetration of pain treatments in cases of age-related joint disorders and other complications due to co-occurring diseases, such as diabetes and obesity, will drive the knee replacement industry. The growing penetration of bone-muscle distortion therapies in cases of accidents, hereditary diseases, and obesity amongst the youth is going to propel the growth of the knee replacement market. According to Renub Research Analysis, Global Knee Replacement Market is expected to value more than US$ 12.87 Billion by the end of the year 2027.

     

    knee replacement


    As per our report, the Total knee replacement (TKR) segment holds the most significant market shares. Worldwide most of these surgeries are performed on women. Gender wise women account for a major share as patients since increased incidences of osteoarthritis and osteoporosis are more common in aged women. Rising rates of osteoporosis have advanced in knee replacement surgery-related instruments have opened up a tremendous opportunity for business development. Developed countries, such as the United States and Germany, have a significant market share in the knee replacement business worldwide. Advances in surgical technologies and its rising demand in the developing economies will be a vital factor contributing to the sector growth. Knee Replacement Industry will grow with a staggering CAGR of 6.99 % from 2020-2027.


    According to the Center for Disease Control and prevention, by 2040, an estimated 78 million United States adults aged 18 years and above are projected to have doctor-diagnosed arthritis. In North America, the increasing demand for the young and active population is the main factor propelling the growth of the knee replacement industry. Germany is the most popular country for medical tourists to have knee joint replacement surgery. Germany invests more in its health care device than any other European Union country. Under the Hospital Future Act (KHZG), in September 2020, public hospitals will also receive shares for digital health innovation. Germany has the third-largest medical equipment market in the world after the United States and Japan. Worldwide, the rapidly expanding medical tourism industry in the emerging economies of India and Thailand is primarily driving the demand for knee replacement products in the Asia Pacific region. For the year 2020, Knee Replacement Market Size was US$ 8.02 Billion.


    Some of the leading companies working in the knee replacement market include Smith & Nephew, Stryker, Johnson & Johnson, and Zimmer Biomet, B. Braun Melsungen AG, MicroPort Scientific Corporation, Integra life sciences Corporation, Conformis Inc. In 2021, Zimmer Biomet Holdings, Inc., announced the ROSA® Partial Knee System for robotically-assisted partial knee replacement surgeries.


    Renub Research report titled “Knee Replacement Market, Forecast, By Products (Primary Knee Replacement, Partial Knee Replacement and Revision Knee Replacement), Regions (North America, Europe, Asia-Pacific and Rest of World) and Companies (Zimmer Biomet Holding Inc., Stryker Corporation, Smith & Nephew, and Johnson & Johnson, B. Braun Melsungen AG, MicroPort Scientific Corporation, Integra life sciences Corporation, Conformis Inc)” provides a complete analysis of Global Knee Replacement Market.


    Product – Knee Replacement Market breakup from 3 viewpoints

    1.    Primary (Total) Knee Replacement
    2.    Partial Knee Replacement
    3.    Revision KNEE Replacement

    knee replacement market


    Region - Knee Replacement Market breakup from 4 Regions

    1.    North America
    2.    Europe
    3.    Asia-Pacific
    4.    Rest of World


    All key players have been covered from 3 viewpoints

    •    Overviews
    •    Recent Developments
    •    Revenues


    Company Analysis

    1.    Zimmer Biomet Holdings Inc.
    2.    Stryker Corporation
    3.    Smith & Nephew PLC
    4.    Johnson & Johnson
    5.    Others

    1.    Introduction

    2.    Research Methodology
    3.    Executive Summary

    4.    Market Dynamics

    4.1    Growth Drivers
    4.2    Challenges

    5.    Global Knee Replacement Market

    6.    Market Share – Global Knee Replacement

    6.1    By Product
    6.2    By Region


    7.    Product – Global Knee Replacement Market

    7.1    Primary (Total) Knee Replacement
    7.2    Partial Knee Replacement
    7.3    Revision Knee Replacement


    8.    Region - Global Knee Replacement Market

    8.1    North America

    8.1.1    Primary Knee Replacement Market
    8.1.2    Partial Knee Replacement Market
    8.1.3    Revision Knee Replacement Market

    8.2    Europe

    8.2.1    Primary Knee Replacement Market
    8.2.2    Partial Knee Replacement Market
    8.2.3    Revision Knee Replacement Market

    8.3    Asia-Pacific

    8.3.1    Primary Knee Replacement Market
    8.3.2    Partial Knee Replacement Market
    8.3.3    Revision Knee Replacement Market

    8.4    Rest of World

    8.4.1    Primary Knee Replacement Market
    8.4.2    Partial Knee Replacement Market
    8.4.3    Revision Knee Replacement Market


    9.    Company Analysis

    9.1    Zimmer Biomet

    9.1.1    Overview
    9.1.2    Strategy
    9.1.3    Merger / Acquisition
    9.1.4    Financial Insight

    9.2    Stryker

    9.2.1    Overview
    9.2.2    Strategy
    9.2.3    Merger / Acquisition
    9.2.4    Financial Insight

    9.3    Smith & Nephew PLC

    9.3.1    Overview
    9.3.2    Strategy
    9.3.3    Merger / Acquisition
    9.3.4    Financial Insight

    9.4    Johnson & Johnson

    9.4.1    Overview
    9.4.2    Strategy
    9.4.3    Merger / Acquisition
    9.4.4    Financial Insight

    9.5    Conformis Inc

    9.5.1    Overview
    9.5.2    Strategy
    9.5.3    Merger / Acquisition
    9.5.4    Financial Insight

    9.6    Integra life sciences corporation

    9.6.1    Overview
    9.6.2    Strategy
    9.6.3    Merger / Acquisition
    9.6.4    Financial Insight

    9.7    MicroPort Scientific Corporation

    9.7.1    Overview
    9.7.2    Strategy
    9.7.3    Merger / Acquisition
    9.7.4    Financial Insight

    9.8    B. Braun Melsungen AG

    9.8.1    Overview
    9.8.2    Strategy
    9.8.3    Merger / Acquisition
    9.8.4    Financial Insight


    List Of Figures:

    Figure-01:        Global Knee Replacement Market (Billion US$), 2016 – 2020
    Figure-02:        Forecast for – Global Knee Replacement Market (Billion US$), 2021 – 2027
    Figure-03:        Product – Total Knee Replacement Market (Million US$), 2016 – 2020
    Figure-04:        Product – Forecast for Total Knee Replacement Market (Million US$), 2021 – 2027
    Figure-05:        Product – Partial Knee Replacement Market (Million US$), 2016 – 2020
    Figure-06:        Product – Forecast for Partial Knee Replacement Market (Million US$), 2021 – 2027
    Figure-07:        Product – Revision Knee Replacement Market (Million US$), 2016 – 2020
    Figure-08:        Product – Forecast for Revision Knee Replacement Market (Million US$), 2021 – 2027
    Figure-09:        North America – Knee Replacement Market (Billion US$), 2016 – 2020
    Figure-10:        North America – Forecast for Knee Replacement Market (Billion US$), 2021 – 2027
    Figure-11:        North America – Primary Knee Replacement Market (Million US$), 2016 – 2020
    Figure-12:        North America – Forecast for Primary Knee Replacement Market (Million US$), 2021 – 2027
    Figure-13:        North America – Partial Knee Replacement Market (Million US$), 2016 – 2020
    Figure-14:        North America – Forecast for Partial Knee Replacement Market (Million US$), 2021 – 2027
    Figure-15:        North America – Revision Knee Replacement Market (Million US$), 2016 – 2020
    Figure-16:        North America – Forecast for Revision Knee Replacement Market (Million US$), 2021 – 2027
    Figure-17:        Europe – Knee Replacement Market (Billion US$), 2016 – 2020
    Figure-18:        Europe – Forecast for Knee Replacement Market (Billion US$), 2021 – 2027
    Figure-19:        Europe – Primary Knee Replacement Market (Million US$), 2016 – 2020
    Figure-20:        Europe – Forecast for Primary Knee Replacement Market (Million US$), 2021 – 2027
    Figure-21:        Europe – Partial Knee Replacement Market (Million US$), 2016 – 2020
    Figure-22:        Europe – Forecast for Partial Knee Replacement Market (Million US$), 2021 – 2027
    Figure-23:        Europe – Revision Knee Replacement Market (Million US$), 2016 – 2020
    Figure-24:        Europe – Forecast for Revision Knee Replacement Market (Million US$), 2021 – 2027
    Figure-25:        Asia-Pacific –Knee Replacement Market (Billion US$), 2016 – 2020
    Figure-26:        Asia-Pacific – Forecast for Knee Replacement Market (Billion US$), 2021 – 2027
    Figure-27:        Asia-Pacific – Primary Knee Replacement Market (Million US$), 2016 – 2020
    Figure-28:        Asia-Pacific – Forecast for Primary Knee Replacement Market (Million US$), 2021 – 2027
    Figure-29:        Asia-Pacific – Partial Knee Replacement Market (Million US$), 2016 – 2020
    Figure-30:        Asia-Pacific – Forecast for Partial Knee Replacement Market (Million US$), 2021 – 2027
    Figure-31:        Asia-Pacific – Revision Knee Replacement Market (Million US$), 2016 – 2020
    Figure-32:        Asia-Pacific – Forecast for Revision Knee Replacement Market (Million US$), 2021 – 2027
    Figure-33:        Rest of World – Primary Knee Replacement Market (Million US$), 2016 – 2020
    Figure-34:        Rest of World – Forecast for Primary Knee Replacement Market (Million US$), 2021 – 2027
    Figure-35:        Rest of World – Primary Knee Replacement Market (Million US$), 2016 – 2020
    Figure-36:        Rest of World – Forecast for Primary Knee Replacement Market (Million US$), 2021 – 2027
    Figure-37:        Rest of World – Partial Knee Replacement Market (Million US$), 2016 – 2020
    Figure-38:        Rest of World – Forecast for Partial Knee Replacement Market (Million US$), 2021 – 2027
    Figure-39:        Rest of World – Revision Knee Replacement Market (Million US$), 2016 – 2020
    Figure-40:        Rest of World – Forecast for Revision Knee Replacement Market (Million US$), 2021 – 2027
    Figure-41:        Zimmer Biomet – Global Revenue (Billion US$), 2016 – 2020
    Figure-42:        Zimmer Biomet – Forecast for Global Revenue (Billion US$), 2021 – 2027
    Figure-43:        Stryker – Global Revenue (Billion US$), 2016 – 2020
    Figure-44:        Stryker – Forecast for Global Revenue (Billion US$), 2021 – 2027
    Figure-45:        Smith & Nephew PLC – Global Revenue (Billion US$), 2016 – 2020
    Figure-46:        Smith & Nephew PLC – Forecast for Global Revenue (Billion US$), 2021 – 2027
    Figure-47:        Johnson & Johnson – Global Revenue (Billion US$), 2016 – 2020
    Figure-48:        Johnson & Johnson – Forecast for Global Revenue (Billion US$), 2021 – 2027
    Figure-49:        Conformis Inc. – Global Revenue (Million US$), 2016 – 2020
    Figure-50:        Conformis Inc. – Forecast for Global Revenue (Million US$), 2021 – 2027
    Figure-51:        Integra lifesciences Corporatio – Global Revenue (Million US$), 2016 – 2020
    Figure-52:        Integra lifesciences Corporatio – Forecast for Global Revenue (Million US$), 2021 – 2027
    Figure-53:        MicroPort Scientific Corporation – Global Revenue (Million US$), 2016 – 2020
    Figure-54:        MicroPort Scientific Corporation – Forecast for Global Revenue (Million US$), 2021 – 2027
    Figure-55:        B. Braun Melsungen AG – Global Revenue (Billion US$), 2016 – 2020
    Figure-56:        B. Braun Melsungen AG – Forecast for Global Revenue (Billion US$), 2021 – 2027


    List Of Tables:

    Table-01:        Global – Knee Replacement Market Share by Product(Percent), 2016 – 2020
    Table-02:        Global – Forecast for Knee Replacement Market Share by Product(Percent), 2021 – 2027
    Table-03:        Global – Knee Replacement Market Share by Region (Percent), 2016 – 2020
    Table-04:        Global – Forecast for Knee Replacement Market Share by Region (Percent), 2021 – 2027

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