Knee Implants MarketSize and Trends

Increasing prevalence of arthritis and obesity to support growth of the knee implants market in the near future

North America and Europe account for the major market share in the global knee implantation market. Asia Pacific is expected to witness rapid growth, attributed to the growing population in the age group of 20-65 years, in this region. This growth is supported by development of healthcare infrastructure and increasing availability of healthcare facilities. Growing population and prevalence of bone and joint disorders are also expected to fuel growth of the global knee implant market.

Market Trends

According to Centers for Disease Control and Prevention (CDC), during 2013-2015, around 54.4 million adults in the U.S. (22.7%) yearly suffered from some form of arthritis such as rheumatoid arthritis, gout, lupus, or fibromyalgia. According to the National Center for Biotechnology Information (NCBI), in 2016 the prevalence of knee arthritis in India was found to be around 28.7% in overall population. Furthermore, as per National Center for Health Statistics (NCHS), during 2011–2014, the prevalence of obesity was around 36% in adults and 17% in youth in the U.S.

Growing obese population in emerging economies is expected to boost growth of the knee implantation market. According to World Health Organization (WHO), in 2014, the obese adult population in China was around 6.9% and in India was around 4.9%, and the number is expected to increase rapidly.