Total Knee Replacement Market

Technological advancements in implant materials used for knee replacement surgery will result in increasing demand for the same. Companies such as ConforMIS provides customized 3D printed implants to exactly match the patient?s anatomy. Materials such as kneecap, inserts and jigs are also customized to lessen surgery time and deliver better outcomes. Technological shift from traditional invasive surgery towards minimal invasive surgeries will favour market growth over the projection years.

The industry growth is most likely to be hampered in emerging economies having relatively low-income levels due to high costs associated with the total knee replacement procedures. Utilization of advanced technology within the devices have increased the cost of total knee replacement procedures, resulting in hindering the market growth.

Total Knee Replacement Market contains market size and forecasts of Total Knee Replacement in Global, including the following market information:

Global Total Knee Replacement Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Total Knee Replacement market was valued at 6763.5 million in 2021 and is projected to reach US$ 8567.7 million by 2028, at a CAGR of 3.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Primary Knee Systems Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Total Knee Replacement include Stryker, Zimmer Biomet, B. Braun, Smith & Nephew, ConfirMIS, Inc, Medacta, Biomet, Exactech, Inc and MicroPort Scientific Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Total Knee Replacement companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Total Knee Replacement Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Total Knee Replacement Market Segment Percentages, by Type, 2021 (%)

Primary Knee Systems

Partial Knee Systems

Global Total Knee Replacement Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Total Knee Replacement Market Segment Percentages, by Application, 2021 (%)

Hospitals

Ambulatory Surgical Centers

Global Total Knee Replacement Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Total Knee Replacement Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Total Knee Replacement revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Total Knee Replacement revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Stryker

Zimmer Biomet

B. Braun

Smith & Nephew

ConfirMIS, Inc

Medacta

Biomet

Exactech, Inc

MicroPort Scientific Corporation

Corin Group

Waldemar LINK

DJO Global

C2F Implants