Global knee replacement market has been witnessing steady growth over the past few years due to rising prevalence of osteoarthritis across worldwide. Knee osteoarthritis is one of the most common joint disorders affecting people over 50 years age, and this boosts demand for knee replacement surgeries. Moreover, increasing obese and geriatric population also boosts the need for knee implants to treat knee pain. Technological advancements in knee implants along with growing awareness about the benefits of knee replacement can drive the market growth. However, high cost associated with knee replacement procedure and limited availability of skilled orthopedic surgeons in developing nations can hamper the market growth.

Market Dynamics:

Global knee replacement market growth is driven by factors like rising incidence of arthritis, increase in obese population, growing geriatric population, and improving healthcare infrastructure in developing countries. Advancement in prosthetic technologies such as computer-assisted knee replacement can boost demand. However, stringent regulations, recalls and safety issues pertaining to knee implants, and high cost of the procedure can hamper the market growth. Emergence of robot-assisted knee replacement can offer tremendous opportunities for the market players in the near future.

Key features of the study:

• This report provides in-depth analysis of the global knee replacement market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global knee replacement market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Zimmer Biomet, Johnson & Johnson, Stryker, Smith & Nephew, B. Braun and Medacta.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global knee replacement market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global knee replacement market.

Detailed Segmentation- 

• By Procedure
  
  • Total Knee Replacement
  • Partial Knee Replacement
  • Kneecap Replacement
  • Revision Knee Replacement
• By Implant Type
  
  • Fixed-bearing Implants
  • Mobile-bearing Implants
  • Medial Pivot Implants 
  • Others
• By Material
  • Metal-on-Plastic
  • Ceramic-on-Plastic
  • Ceramic-on-Ceramic
  • Metal-on-Metal
• By End User
  • Hospital
  • Orthopedic Clinics
  • Ambulatory Surgery Centers
  • Others
• Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
  • Zimmer Biomet Holdings, Inc.
  • Stryker Corporation
  • DePuy Synthes (a Johnson & Johnson company)
  • Smith & Nephew plc
  • Braun Melsungen AG
  • Medtronic plc
  • Conformis Inc.
  • MicroPort Scientific Corporation
  • DJO Global, Inc.
  • Exactech Inc.
  • Corin Group
  • Waldemar LINK GmbH & Co. KG
  • Arthrex Inc.
  • Kinamed Incorporated
  • Bioimpianti
  • Ortho Development Corporation
  • THINK Surgical, Inc.
  • OMNIlife science Inc.