Global Knee replacement Market Estimated to Perceive Exponential Growth by 2023; MRFR Unleashes Industry Prognosis

The Global Knee Replacement Market Report by MRFR stretches out accurate and descriptive details through the range of years 2018-2023. The report comprises interior and outside exploration and bits of comprehension of Knee Replacement Market.

The Global Knee Replacement Market is presumed to experience 6.1 % CAGR during the forecast period (2017-2023) owing to the increasing geriatric population, asserts Market Research Future (MRFR).

Knee replacement is also referred to joint replacement surgery which is meant for patients suffering from knee damage. Diseases such as post-traumatic arthritis, osteoarthritis, and rheumatoid arthritis generally cause knee damage.

Knee arthroplasty or knee replacement is performed to replace damaged knee with artificial knee implants.


Competitive Dashboard

The major players operating the global market are DePuy Synthes, Allegra Orthopaedics Limited, Exactech Inc., Smith and Nephew, Zimmer Inc., Stryker, and Kinamed Inc.

Drivers and Constraints Impacting the Market

Knee replacement is highly driven by the geriatric population due to old age ailments such as osteoporosis, arthritis, and diabetes. Advent of advanced technologies such as minimally invasive surgery, presence of better implant materials, and extensive research and development activities in the industry are considered to propel the market during the assessment period.

According to the American Joint Replacement Registry, 87 % of the diagnosed osteoarthritis cases undergo knee replacement. With growing prevalence of osteoarthritis, the number of knee replacement has risen. Also, the adaptation of sedentary lifestyle has led to obese population which is considered to foster the market growth in the future.

On the flip side, non-surgical treatment methods like shoe aids and exercises coupled with high cost of knee replacement surgeries are likely to retard the market growth in the coming years.

Global Knee Replacement Market: Segmental Analysis

The global knee replacement market has been segmented on the basis of material, product type, end-user, and region.

By mode of product type, the global knee replacement market has been segmented into total knee reconstructive implants, partial knee reconstructive implants, and revision knee reconstructive implants.

Among these, the total knee reconstructive implants are further sub-segmented into fixed bearing implants, mobile bearing implants, medial pivot implants, and others.

By mode of material, the global knee replacement market has been segmented into ceramic material, metal alloy, strong plastic parts, and others.

By mode of end-users, the global knee replacement market has been segmented into specialty centers, hospitals and clinics, and rehabilitation centers.

Regional Insights

Geographically, the knee replacement market spans across regions namely, North America, Europe, Asia Pacific, and the Middle East and Africa.

Among all the regions, the North American market is considered to be a growing market owing to the growing geriatric population affected by knee disorders. Also, growing awareness regarding joint treatments are further considered to drive the market during the assessment period. For instance, according to the American Joint Replacement Registry, more than 161,040 joint replacement procedures were performed in 2015.

Browse Complete 105 Pages Premium Research Report Enabled with Tables and Figures @

Europe is presumed to be the second largest market after North America and is estimated to hold a noticeable share. The growth is attributed to the availability of advanced and innovative treatment facilities coupled with growing skilled medical professionals in this region. Also, with the growing geriatric population giving rise to patient population, the market is considered to expand at a rapid pace.

Asia Pacific is presumed to be the fastest growing market owing to the increasing prevalence of joint disorders such as osteoarthritis and arthritis. Increasing awareness about health along with availability of advanced treatment methods are likely to foster the market in this region.

Industry News

Almost 10,000 Americans having knee replacements will be able to funnel basic health data directly from their Apple watches to their surgeons under the supervision of a new app being tested by orthopedics company Zimmer Biomet. The multi-year study in collaboration with Apple Inc will allow doctors to gauge how well patients are following prescribed physiotherapy ahead of surgery.

Major Points form Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

Chapter 3. Research Methodology

Chapter 4. Market Dynamics

Chapter 5. Market Factor Analysis

Chapter 6. Global Knee Replacement Market, By Type

Chapter 7. Global Knee Replacement market, by treatment

Chapter 8 Global Knee replacement Market, By End User

Chapter 9. Global Knee Replacement Market, By Region

Chapter 10 Company Landscape

Chapter 11 Company Profiles

Chapter 12 MRFR Conclusion

Chapter 13 Appendix

About US:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.


Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India