HOUSTON, Aug. 25, 2022 (GLOBE NEWSWIRE) — Data Bridge Market research has recently released expansive research titled “Global knee Arthroplasty Market” which guarantees you will remain better informed than your competition. This study provides a broader perspective of the marketplace with its comprehensive market insights and analysis which eases survival and success in the market. A high-ranking Knee Arthroplasty Market research report presents the solutions that empower to arrive at smart, fast, and precise decisions for the business so that it grows and surpasses its goals. Unique domain expertise, extensive international experience, and customized processes turn this report into the best one which offers scalable, cost-effective, & high-quality support to clients within deadlines. The report helps in identifying potential target market segments for the business. Experts involved in creating this report possess high-quality conceptualization, strategic thinking, and execution and interpretation skills. Quality is the main motive kept in view while preparing an international Knee Arthroplasty market document and it is achieved with a skilled & very dedicated working team.
Data Bridge Market Research analyses that the knee arthroplasty market which was USD 8,739.2 million in 2021, would rocket up to USD 13928.96 million by 2029, and is expected to undergo a CAGR of 6.00% during the forecast period 2022 to 2029.
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REPORT METRIC
Forecast Period – 2022 to 2029
Base Year – 2021
Historic Years – 2020 (Customizable to 2014 – 2019)
Market Scenario:-
Knee replacement, commonly known as knee arthroplasty or a total knee replacement, is an surgical procedure to repair an affected arthritis knee. The knee cap of the bones that makes the knee joint are made of metal and plastic. If someone have serious knee injuries or arthritis, then knee arthroplasty is the only option. The purpose of knee replacement surgery is to resurface the damaged areas of the knee joint and to cure persistent knee pain.
Around 1.5 million surgical and traumatic injuries were recorded in America in 2018, resulting in more than 3 million physician visits, according to the American Academy of Knee and Hip Replacement. Additionally, a study published by NCBI in 2019 found that the high incidence rate of severe trauma among young adults aged 18 to 35 years old worldwide every year from 2014 to 2018 led to doctors referring approximately two-thirds of patients with sports-related injuries for a total knee replacement (TKA) procedure.
Opportunities
- Increase in the number of research and development activities
An increasing number of product launches fuels the market’s growth and approvals is expected to aid in the market’s growth over the forecast period. This will provide beneficial opportunities for the market growth.
The Key Companies Profiled in the Knee Arthroplasty Market are :
- Aesculap, Inc. (U.S.)
- B. Braun Melsungen AG (Germany)
- Corin Group (U.K.)
- Medical Devices Business Services, Inc. (U.S.)
- Smith+ Nephew (U.K.)
- Stryker (U.S.)
- Zimmer Biomet (U.S.)
- Exactech, Inc. (U.S.)
- Medacta International (U.S.)
- MicroPort Orthopedics Inc. (Switzerland)
- Medtronic (U.S.)
- Johnson & Johnson Private Limited (U.S.)
- MicroPort Scientific Corporation (China)
- Conformis Inc. (U.S.)
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Our Report Offers
- Evaluation of market share for regional and country level segments
- Market share analysis of top industry players
- Strategic recommendations for new entrants
- All mentioned segments, and regional market forecasts for the next 10 years
- Market Trends (Drivers, Difficulties, Opportunities, Threats, Challenges, Investment Opportunities and Recommendations)
- Strategic recommendations in the main business segment of the market forecast
- Competitive landscaping of major general trends
- Company profiling with detailed strategy, financial and recent developments
- Latest technological progress mapping supply chain trends
Segmentation:- Knee Arthroplasty Market
The knee arthroplasty market is segmented based on product, device type, component, implant type, design, surgery type, fixation material, material, polyethylene inserts, and end use.
Product
- Primary Knee Replacement Systems
- Revision Knee Replacement Systems
- Partial Knee Replacement Systems
Device Type
- Three-Compartmental Knee Implants
- Bi-Compartmental Knee Implants
- Uni-Compartmental Knee Implants
Component
Implant Type
- Fixed-Bearing Implants
- Mobile-Bearing Implants
- Medial Pivot Implants
Design
- Cruciate Retaining
- Posterior Stabilized Design
Surgery Type
- Traditional Surgery Type
- Technology Assisted Surgery Type
Fixation Material
Material
- Metal-On-Plastic
- Ceramic-On-Plastic
- Ceramic-On-Ceramic
- Metal-On-Metal
Polyethylene Inserts
- Conventional Polyethylene Inserts
- Highly Cross-Linked Polyethylene Inserts
- Antioxidant Polyethylene Inserts
End Use
- Hospitals
- Ambulatory Surgical Centers
The information provided in the world-class Knee Arthroplasty market research report will definitely help increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. The market insights of this report will help increase the return rate and drive the competitive edge within. This customized market report provides services tailored to the exact challenge. Whether it is survey work, in-depth interviewing, or a combination of multiple methods, Knee Arthroplasty marketing report will match the right methodology and personnel to the business need. Proficient team of analysts gather, analyze, and synthesize the data to accomplish challenging tasks while not setting unrealistic expectations.
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Knee Arthroplasty Market Dynamics:
Drivers
- Rising contamination rates
The growing trend among doctors to do total knee arthroplasty using robotic technology is blossoming, and the business is being stimulated by longer-lasting recovery times and quicker increases in range of motion. The market for knee arthroplasty is expanding as a result of several variables, including the ageing population, the prevalence of arthropathy and osteoporosis, increasing contamination rates, and an increase in knee revisions.
- Growing awareness about benefits of surgery
Patients are becoming more aware of the advantages of surgery over alternative forms of treatment including medication and physical therapy, which is fuelling market expansion.
- Increasing geriatric population
The global geriatric population is increasing rapidly, which is expected to drive the demand for knee arthroplasty procedures in the coming years.
Regional Outlook of Global Knee Arthroplasty Market:
- North America (U.S., Canada and Mexico)
- Rest of Europe in Europe (Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain and Turkey)
- Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC) (China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines)
- Rest of Middle East and Africa (MEA) as a part of MEA (Saudi Arabia, U.A.E, South Africa, Egypt and Israel)
- Rest of South America as part of South America (Brazil and Argentina)
The latest industry analysis and survey on Knee Arthroplasty provides sales outlook in 20+ countries, across key categories. Insights and outlook on Knee Arthroplasty market drivers, trends, and influencing factors are also included in the study.
Table Of Content:
Section 01: executive summary
Section 02: scope of the report
Section 03: research methodology
Section 04: introduction
Section 05: market landscape
Section 06: market sizing
Section 07: five forces analysis
Section 08: market segmentation by product
Section 09: market segmentation by Application
Section 10: customer landscape
Section 11: market segmentation by end-user
Section 12: regional landscape
Section 13: decision framework
Section 14: drivers and challenges
Section 15: market trends
Section 16: competitive landscape
Section 17: company profiles
Section 18: appendix
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, West Europe or Southeast Asia.
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