What is knee replacement surgery?

Knee replacement surgery, also known as knee arthroplasty, involves replacing damaged or diseased knee joints with artificial implants to relieve pain and restore function.

How big is the Knee Replacement Market?

The global Knee Replacement Market size was estimated at USD 10.8 Billion in 2023 and is expected to reach USD 16.6 Billion in 2032.

What is the Knee Replacement Market growth?

The global Knee Replacement Market is expected to grow at a compound annual growth rate of 5%. From 2023 To 2032

Who are the key companies/players in the Knee Replacement Market?

Some of the key players in the Knee Replacement Markets are Aesculap Inc., Zimmer Biomet, MicroPort Scientific Corporation, DePuy Synthes Companies (J&J), Medacta International, Stryker Corporation, Smith and Nephew PLC, CONMED, Exactech, Inc., Medtronic PLC, SurgTech Inc., ConforMis, Other Key Players.

Who needs knee replacement surgery?

Individuals with severe knee pain or disability due to arthritis, trauma, or other degenerative conditions may be candidates for knee replacement surgery, especially when other treatments have failed.

What factors drive the growth of the knee replacement market?

Factors driving growth include the increasing prevalence of arthritis and other degenerative joint conditions, advancements in implant technologies, rising demand for minimally invasive surgeries, and an aging global population.

What challenges does the knee replacement market face?

Challenges include the high cost of knee replacement surgeries, potential complications such as infections and implant failures, and the need for continuous innovation to meet evolving patient needs and regulatory requirements.

How is the knee replacement market expected to evolve?

The market is expected to grow with ongoing advancements in implant materials and designs, increasing adoption of robotic-assisted surgeries, and a focus on personalized and patient-specific solutions to improve outcomes and patient satisfaction.

Global Knee Replacement Market By Procedure Type (Total Knee Replacement, Partial Knee Replacement, Revision Knee Replacement), By Implant Type (Fixed Bearing, Mobile Bearing, Others), By End User, By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032

Published date: July 2024
Report ID: 43834
Number of Pages: 322
Format:

- Aesculap Inc.
- Zimmer Biomet
- MicroPort Scientific Corporation
- DePuy Synthes Companies (J&J)
- Medacta International
- Stryker Corporation Company Profile
- Smith and Nephew PLC
- CONMED
- Exactech, Inc.
- Medtronic PLC
- SurgTech Inc.
- ConforMis
- Other Key Players
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