Knee Replacement Market report offers Market Size, Dynamics, Regional Market Share, Top Key Players, Latest trends, Growth factors, Industry Stats, Historic Market, Business Intelligence, Business Research Reports, Competitive Intelligence 2013 to 2017 and Forecast 2018 to 2024
A few elements like ascent in the pervasiveness of maladies like diabetes, osteoporosis, joint inflammation, corpulence, developing maturing populace expanding sports-related wounds, enhancing propelled advancements like negligibly obtrusive surgeries and unrivaled materials of inserts are the elements driving the worldwide knee substitution showcase. High cost of the surgery, ascend in number of OEM’s and increment in mindfulness about non-surgical medications like weight losing, works out, strolling helps, shoe supplements and painkiller pharmaceuticals are the variables limiting the development of worldwide knee substitution advertise are
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The global knee replacement market is classified on the basis of procedure, bearing, end-user and geography.
Based on procedure, global knee replacement market is segmented as
- Total knee replacement
- Partial knee replacement
- Revision knee replacement
Based on bearing, global knee replacement market is segmented as
- Fixed-bearing Implants
- Mobile-bearing Implants
Based on end-user, global knee replacement market is segmented as
- Hospitals
- Orthopaedic clinics
- Ambulatory surgical centers
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Knee replacement is the most widely used procedure to treat knee arthritis pain. Advancements in the technologies of knee replacement like minimally invasive surgery, improvement in materials of implant and rise in success rates of the procedures are allowing people to undergo the knee replacement surgery. Technologies likev3D printed knee implants manufactured by the company ConforMIS in USA. For example, X3 Advanced Bearing Technology (in 2011) and Mako Robotic-Arm Assisted Technology (in 2017) and Zimmer Biomet has launched Persona Medial Congruent Bearing in March 2016, designed for providing natural motion for the knee by increasing stability of joints are boosting the growth of the market. According to U.S. Department of Health & Human Services about 294,000 children below age of 18 are suffering from various rheumatic conditions in U.S.
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Based on the geographical regions, Knee replacement market is segmented as Latin America, Asia-Pacific, Europe, North America and The Middle East and Africa. North America is dominating in the global knee replacement market owing to the rise in geriatric population and increasing prevalence rate of arthritis and various joint. Asia-Pacific is anticipated to show significant growth due to the untapped opportunities, growing incorporation of implants in the orthopaedic procedures and increasing prevalence rate of arthritis and robust improvement in the healthcare infrastructure.
Some of the players in knee replacement market are Stryker (U.S.), Zimmer Inc., (U.S.), DePuy Synthes (U.S.), Aesculap Implants Systems, LLC (U.S.), Medacta (Switzerland), Exactech, Inc. (U.S.), CONMED (U.S.), MicroPort Orthopedics, Inc (U.S.), Kinamed, Inc.(U.S.), OMNIlife science Inc. (U.S.) and ConforMIS (U.S.).
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