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Global Knee Implant Market 2009-2013
Infiniti Research Limited, April 2010, Pages: 20
The Knee Implant market is experiencing significant technological advancements in the Orthopedic Implant market (and is the second largest segment in the Orthopedic Implant market, only next to the Spine market). As a result, innovative and advanced implant materials have been introduced. Thus, helping patients lead quality and more active lifestyle.
Previously, knee replacement surgery was reserved to treat severe arthritis in elderly patients above 65 years. There were concerns (like wearing out the implant) in performing these surgeries in younger patients due to the requirement of revision surgery. However, technological advancements leading to innovative replacement devices and improved implant materials have increased the implants' durability. Therefore, knee replacement surgery is becoming more common among the younger and active population, who are in their early 40s and 50s. This in turn has boosted the growth of the Knew Implant market
The recent slowdown in economy has resulted in many hospitals cutting down on capital spending, and patients delaying in performing elective surgeries. This, in turn, has adversely affected many orthopedic implant manufacturers. Further, the Knee Implant market is also witnessing intense pressure on the manufacturers on the pricing model of knee implants; thus, affecting the growth of the Knee Implant market.
Nonetheless, the Knee Implant market is expected to grow potentially in the future with the increasing cases of knee related diseases, and growth in the aging population (who are more prone to knee related diseases).
This report highlights scope of the Global Knee Implant market, along with trends, drivers, growth inhibitors and a few major vendors in the market.
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