+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Knee Replacement Market Global Forecast Industry Trends, Growth, Opportunity By Products, Regions, Company Analysis

  • ID: 5354549
  • Report
  • June 2021
  • Region: Global
  • Renub Research

FEATURED COMPANIES

  • Johnson & Johnson
  • Others
  • Smith & Nephew PLC
  • Stryker Corporation
  • MORE
Knee replacement is a surgical procedure that minimizes pain and enhances the quality of life in patients with severe arthritis. Worldwide more and more patients are adopting minimally invasive surgeries. As they are being introduced to advanced technologies products like X3 Advanced Bearing Technology and Mako Robotic-Arm Assisted Technology with capabilities of providing the patient-specific 3-D model and better implant materials are likely to stimulate the growth of the knee replacement market.



Furthermore, increasing penetration of pain treatments in cases of age-related joint disorders and other complications due to co-occurring diseases, such as diabetes and obesity, will drive the knee replacement industry. The growing penetration of bone-muscle distortion therapies in cases of accidents, hereditary diseases, and obesity amongst the youth is going to propel the growth of the knee replacement market. According to the publisher Analysis, Global Knee Replacement Market is expected to value more than US$ 12.87 Billion by the end of the year 2027.

As per our report, the Total knee replacement (TKR) segment holds the most significant market shares. Worldwide most of these surgeries are performed on women. Gender wise women account for a major share as patients since increased incidences of osteoarthritis and osteoporosis are more common in aged women. Rising rates of osteoporosis have advanced in knee replacement surgery-related instruments have opened up a tremendous opportunity for business development. Developed countries, such as the United States and Germany, have a significant market share in the knee replacement business worldwide. Advances in surgical technologies and its rising demand in the developing economies will be a vital factor contributing to the sector growth. Knee Replacement Industry will grow with a staggering CAGR of 6.99 % from 2020-2027.

According to the Center for Disease Control and prevention, by 2040, an estimated 78 million United States adults aged 18 years and above are projected to have doctor-diagnosed arthritis. In North America, the increasing demand for the young and active population is the main factor propelling the growth of the knee replacement industry. Germany is the most popular country for medical tourists to have knee joint replacement surgery. Germany invests more in its health care device than any other European Union country. Under the Hospital Future Act (KHZG), in September 2020, public hospitals will also receive shares for digital health innovation. Germany has the third-largest medical equipment market in the world after the United States and Japan. Worldwide, the rapidly expanding medical tourism industry in the emerging economies of India and Thailand is primarily driving the demand for knee replacement products in the Asia Pacific region. For the year 2020, Knee Replacement Market Size was US$ 8.02 Billion.

Some of the leading companies working in the knee replacement market include Smith & Nephew, Stryker, Johnson & Johnson, and Zimmer Biomet, B. Braun Melsungen AG, MicroPort Scientific Corporation, Integra life sciences Corporation, Conformis Inc. In 2021, Zimmer Biomet Holdings, Inc., announced the ROSA® Partial Knee System for robotically-assisted partial knee replacement surgeries.

This report titled “Knee Replacement Market, Forecast, By Products (Primary Knee Replacement, Partial Knee Replacement and Revision Knee Replacement), Regions (North America, Europe, Asia-Pacific and Rest of World) and Companies (Zimmer Biomet Holding Inc., Stryker Corporation, Smith & Nephew, and Johnson & Johnson, B. Braun Melsungen AG, MicroPort Scientific Corporation, Integra life sciences Corporation, Conformis Inc)” provides a complete analysis of Global Knee Replacement Market.

Product - Knee Replacement Market breakup from 3 viewpoints

1. Primary (Total) Knee Replacement
2. Partial Knee Replacement
3. Revision KNEE Replacement

Region - Knee Replacement Market breakup from 4 Regions

1. North America
2. Europe
3. Asia-Pacific
4. Rest of World

All key players have been covered from 3 viewpoints
  • Overviews
  • Recent Developments
  • Revenues
Company Analysis

1. Zimmer Biomet Holdings Inc.
2. Stryker Corporation
3. Smith & Nephew PLC
4. Johnson & Johnson
5. Others
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Johnson & Johnson
  • Others
  • Smith & Nephew PLC
  • Stryker Corporation
  • MORE
1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges

5. Global Knee Replacement Market

6. Market Share - Global Knee Replacement
6.1 By Product
6.2 By Region

7. Product - Global Knee Replacement Market
7.1 Primary (Total) Knee Replacement
7.2 Partial Knee Replacement
7.3 Revision Knee Replacement

8. Region - Global Knee Replacement Market
8.1 North America
8.1.1 Primary Knee Replacement Market
8.1.2 Partial Knee Replacement Market
8.1.3 Revision Knee Replacement Market
8.2 Europe
8.2.1 Primary Knee Replacement Market
8.2.2 Partial Knee Replacement Market
8.2.3 Revision Knee Replacement Market
8.3 Asia-Pacific
8.3.1 Primary Knee Replacement Market
8.3.2 Partial Knee Replacement Market
8.3.3 Revision Knee Replacement Market
8.4 Rest of World
8.4.1 Primary Knee Replacement Market
8.4.2 Partial Knee Replacement Market
8.4.3 Revision Knee Replacement Market

9. Company Analysis
9.1 Zimmer Biomet
9.1.1 Overview
9.1.2 Strategy
9.1.3 Merger / Acquisition
9.1.4 Financial Insight
9.2 Stryker
9.2.1 Overview
9.2.2 Strategy
9.2.3 Merger / Acquisition
9.2.4 Financial Insight
9.3 Smith & Nephew PLC
9.3.1 Overview
9.3.2 Strategy
9.3.3 Merger / Acquisition
9.3.4 Financial Insight
9.4 Johnson & Johnson
9.4.1 Overview
9.4.2 Strategy
9.4.3 Merger / Acquisition
9.4.4 Financial Insight
9.5 Conformis Inc
9.5.1 Overview
9.5.2 Strategy
9.5.3 Merger / Acquisition
9.5.4 Financial Insight
9.6 Integra life sciences corporation
9.6.1 Overview
9.6.2 Strategy
9.6.3 Merger / Acquisition
9.6.4 Financial Insight
9.7 MicroPort Scientific Corporation
9.7.1 Overview
9.7.2 Strategy
9.7.3 Merger / Acquisition
9.7.4 Financial Insight
9.8 B. Braun Melsungen AG
9.8.1 Overview
9.8.2 Strategy
9.8.3 Merger / Acquisition
9.8.4 Financial Insight

List of Figures:
Figure-01: Global Knee Replacement Market (Billion US$), 2016 - 2020
Figure-02: Forecast for - Global Knee Replacement Market (Billion US$), 2021 - 2027
Figure-03: Product - Total Knee Replacement Market (Million US$), 2016 - 2020
Figure-04: Product - Forecast for Total Knee Replacement Market (Million US$), 2021 - 2027
Figure-05: Product - Partial Knee Replacement Market (Million US$), 2016 - 2020
Figure-06: Product - Forecast for Partial Knee Replacement Market (Million US$), 2021 - 2027
Figure-07: Product - Revision Knee Replacement Market (Million US$), 2016 - 2020
Figure-08: Product - Forecast for Revision Knee Replacement Market (Million US$), 2021 - 2027
Figure-09: North America - Knee Replacement Market (Billion US$), 2016 - 2020
Figure-10: North America - Forecast for Knee Replacement Market (Billion US$), 2021 - 2027
Figure-11: North America - Primary Knee Replacement Market (Million US$), 2016 - 2020
Figure-12: North America - Forecast for Primary Knee Replacement Market (Million US$), 2021 - 2027
Figure-13: North America - Partial Knee Replacement Market (Million US$), 2016 - 2020
Figure-14: North America - Forecast for Partial Knee Replacement Market (Million US$), 2021 - 2027
Figure-15: North America - Revision Knee Replacement Market (Million US$), 2016 - 2020
Figure-16: North America - Forecast for Revision Knee Replacement Market (Million US$), 2021 - 2027
Figure-17: Europe - Knee Replacement Market (Billion US$), 2016 - 2020
Figure-18: Europe - Forecast for Knee Replacement Market (Billion US$), 2021 - 2027
Figure-19: Europe - Primary Knee Replacement Market (Million US$), 2016 - 2020
Figure-20: Europe - Forecast for Primary Knee Replacement Market (Million US$), 2021 - 2027
Figure-21: Europe - Partial Knee Replacement Market (Million US$), 2016 - 2020
Figure-22: Europe - Forecast for Partial Knee Replacement Market (Million US$), 2021 - 2027
Figure-23: Europe - Revision Knee Replacement Market (Million US$), 2016 - 2020
Figure-24: Europe - Forecast for Revision Knee Replacement Market (Million US$), 2021 - 2027
Figure-25: Asia-Pacific -Knee Replacement Market (Billion US$), 2016 - 2020
Figure-26: Asia-Pacific - Forecast for Knee Replacement Market (Billion US$), 2021 - 2027
Figure-27: Asia-Pacific - Primary Knee Replacement Market (Million US$), 2016 - 2020
Figure-28: Asia-Pacific - Forecast for Primary Knee Replacement Market (Million US$), 2021 - 2027
Figure-29: Asia-Pacific - Partial Knee Replacement Market (Million US$), 2016 - 2020
Figure-30: Asia-Pacific - Forecast for Partial Knee Replacement Market (Million US$), 2021 - 2027
Figure-31: Asia-Pacific - Revision Knee Replacement Market (Million US$), 2016 - 2020
Figure-32: Asia-Pacific - Forecast for Revision Knee Replacement Market (Million US$), 2021 - 2027
Figure-33: Rest of World - Primary Knee Replacement Market (Million US$), 2016 - 2020
Figure-34: Rest of World - Forecast for Primary Knee Replacement Market (Million US$), 2021 - 2027
Figure-35: Rest of World - Primary Knee Replacement Market (Million US$), 2016 - 2020
Figure-36: Rest of World - Forecast for Primary Knee Replacement Market (Million US$), 2021 - 2027
Figure-37: Rest of World - Partial Knee Replacement Market (Million US$), 2016 - 2020
Figure-38: Rest of World - Forecast for Partial Knee Replacement Market (Million US$), 2021 - 2027
Figure-39: Rest of World - Revision Knee Replacement Market (Million US$), 2016 - 2020
Figure-40: Rest of World - Forecast for Revision Knee Replacement Market (Million US$), 2021 - 2027
Figure-41: Zimmer Biomet - Global Revenue (Billion US$), 2016 - 2020
Figure-42: Zimmer Biomet - Forecast for Global Revenue (Billion US$), 2021 - 2027
Figure-43: Stryker - Global Revenue (Billion US$), 2016 - 2020
Figure-44: Stryker - Forecast for Global Revenue (Billion US$), 2021 - 2027
Figure-45: Smith & Nephew PLC - Global Revenue (Billion US$), 2016 - 2020
Figure-46: Smith & Nephew PLC - Forecast for Global Revenue (Billion US$), 2021 - 2027
Figure-47: Johnson & Johnson - Global Revenue (Billion US$), 2016 - 2020
Figure-48: Johnson & Johnson - Forecast for Global Revenue (Billion US$), 2021 - 2027
Figure-49: Conformis Inc. - Global Revenue (Million US$), 2016 - 2020
Figure-50: Conformis Inc. - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-51: Integra lifesciences Corporatio - Global Revenue (Million US$), 2016 - 2020
Figure-52: Integra lifesciences Corporatio - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-53: MicroPort Scientific Corporation - Global Revenue (Million US$), 2016 - 2020
Figure-54: MicroPort Scientific Corporation - Forecast for Global Revenue (Million US$), 2021 - 2027
Figure-55: B. Braun Melsungen AG - Global Revenue (Billion US$), 2016 - 2020
Figure-56: B. Braun Melsungen AG - Forecast for Global Revenue (Billion US$), 2021 - 2027

List of Tables:
Table-01: Global - Knee Replacement Market Share by Product(Percent), 2016 - 2020
Table-02: Global - Forecast for Knee Replacement Market Share by Product(Percent), 2021 - 2027
Table-03: Global - Knee Replacement Market Share by Region (Percent), 2016 - 2020
Table-04: Global - Forecast for Knee Replacement Market Share by Region (Percent), 2021 - 2027
Note: Product cover images may vary from those shown
  • Zimmer Biomet Holdings Inc.
  • Stryker Corporation
  • Smith & Nephew PLC
  • Johnson & Johnson
  • Others
Note: Product cover images may vary from those shown

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

Loading
LOADING...

Adroll
adroll