The total global knee replacement market is growing at a rate of 4.2%, which will take the 2021 market value of $9.8 billion up to $13 billion by 2028.
One of the key trends within the market is the fast growth in the revision segment. As the patient age range for knee and hip replacement has shifted towards younger individuals, the need for revisions has increased.
The full report suite on the global market for knee replacement devices covers multiple segments and sub-segments including total knee replacement, partial knee replacement and knee replacement revision devices.
Companies Mentioned
Zimmer Biomet
Stryker
DePuy Synthes
Smith & Nephew
Colfax
Microport
Exactech
AK Medical
Data Types Included
Procedure Numbers, Unit Sales, Average Selling Prices, Market Value & Growth Trends
COVID-19 Impact Analysis
10 Year Scope and Forecast Range
Market Drivers & Limiters for Each Segment
Competitive Analysis with Market Shares for Each Segment
Recent Mergers & Acquisitions
Disease Overviews and Demographic Information
Company Profiles and SWOT for Top Competitors
Market Trends
One of the main drivers of the market is the aging population. The prevalence of joint degeneration increases with the age of the population, driving the need for arthroplasty devices and procedures. Growth of the target patient demographic will result in a higher demand for knee replacement procedures. According to the World Bank's data, the population of aged 65 years and above in the world is increasing compared to the global population.
Market Share Insights
Overall, within the global knee replacement market there are three dominant competitors: Zimmer Biomet, Stryker, and DePuy Synthes. Alongside these three market share leaders are a multitude of other competitors included within the market analysis. In 2021, Zimmer Biomet led the global knee replacement market. The company's solid share of the knee replacement market was largely attributed to its Persona The Personalized Knee System.
Market Segmentation Summary
You can view all these included reports and segmentation here:
Total Knee Replacement Market -Segmented according to:
Cementation type (cementless, cemented and hybrid)
Partial Knee Replacement Market
Knee Replacement Revision Devices Market
Research Scope Summary
Regions - North America (Canada, United States), Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela), Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.), Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine), Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam), Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year - 2021
Forecast - 2022-2028
Historical Data - 2018-2021
Quantitative Coverage - Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage - COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product -Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data Sources - Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, Publisher's Internal Database.
Phoenix Motor Inc. , a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced a strategic partnership with Cennatic Power ("Cennatic"), a wholly owned subsidiary of...
The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Nextdoor Holdings, Inc. f/k/a Khosla Ventures Acquisition Co. II ("Nextdoor" or the...
Capri Holdings Limited , a global fashion luxury group, today issued the following statement in response to the U.S. Federal Trade Commission's (FTC) unprecedented challenge to the proposed acquisition of Capri by Tapestry, Inc. :
"Capri Holdings...
WaFd, Inc. (the "Company"), parent company of Washington Federal Bank ("WaFd Bank" or the "Bank"), today announced quarterly earnings after successfully completing the merger of California-based Luther Burbank Corporation ("LBC").
Earnings for the...
Mountain Province Diamonds Inc. ("Mountain Province", the "Company") & today announces production and sales results for the first quarter ended March 31, 2024 ("the Quarter" or "Q1 2024") from the Gahcho Kué Diamond Mine ("GK Mine"). All figures...
First Trust Senior Floating Rate Income Fund II (the "Fund") has declared the Fund's regularly scheduled monthly common share distribution in the amount of $0.097 per share payable on May 15, 2024, to shareholders of record as of May 2, 2024. The...