The global total knee replacement market should reach $8.0 billion by 2026 from $6.5 billion in 2021 at a compound annual growth rate (CAGR) of 4.1% for the forecast period of 2021 to 2026.
The primary segment of the global total knee replacement market is expected to grow from $4.8 billion in 2021 to $5.8 billion in 2026 at a CAGR of 3.9% for the forecast period of 2021 to 2026.
The revision segment of the global total knee replacement market is expected to grow from $1.7 billion in 2021 to $2.2 billion in 2026 at a CAGR of 4.8% for the forecast period of 2021 to 2026.
Report Scope
This report examines the current and forecasted market potential for total knee replacement. It offers a detailed analysis of the market background, technological advancement, competitive environment, drivers and restraints, and market growth trends. This report includes market projections through 2026, detailing the market share for total knee replacement based on the product and implant type.
By product, the total knee replacement market is segmented into primary total knee replacement and revision total knee replacement. By implant type, the total knee replacement market is segmented into fixed-bearing implants, mobile-bearing implants and others.
By geography, the total knee replacement market is segmented into Europe, North America, Asia-Pacific (APAC) and the Rest of the World (RoW). The detailed analyses of major countries such as the U.S., Germany, Canada, U.K., Spain, Italy, France, Japan, India and China are regional segments. For market estimates, data is provided for 2020 as the base year, 2021 and forecast through year-end 2026. Estimated values used are based on total knee replacement implant manufacturers' total revenues. Projected and forecast revenue values are in constant U.S. dollars that are unadjusted for inflation.
The Report Includes
- 29 tables
- An overview of the global markets for total knee replacement
- Estimation of the market size and analyses of market trends, with data from 2019 to 2020, estimates for 2021 and projection of CAGR through 2026
- Quantification of total knee replacement market based on product, implant type and region, and analysis of market drivers, and restraints, and regulatory and reimbursement scenarios impacting the global market
- Pipeline analysis of total knee replacement implants, disease prevalence and epidemiology of osteoporosis, arthritis and diabetes and their relationship with total knee replacement surgery
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies and a relevant patent analysis
- Company profiles of major players, including B. Braun Melsungen AG, Corin, Exactech Inc., Medacta International and Smith & Nephew PLC
Table of Contents
Chapter 1 Introduction
- Study Goals and Objectives
- Reasons for Doing This Study
- Scope of Report
- Information Sources
- Methodology
- Geographic Breakdown
- Analyst's Credentials
- Custom Research
- Related Reports
Chapter 2 Summary and Highlights
- Highlights of the Market for Total Knee Replacement
Chapter 3 Medical Device Regulations
- Medical Device Definition and Classification
- Regulations in the U.S.
- Legislation
- Regulations in Europe
- Process
- Regulations in Japan
Chapter 4 Total Knee Replacement: Market Background
- Introduction
- Joint Structure, Function and Definitions
- Hip Joint
- Knee Joint
- Shoulder Joint
- Small Joints
- Overview of Joint Pain and Related Disorders
- Osteoarthritis
- Rheumatoid Arthritis
- Post-traumatic Arthritis
- Osteoporosis
- Historical Background of the Orthopedic Market
- Evolution of Total Knee Replacement
- Overview of Knee Replacement
- Knee Implants
- Fixed-bearing Knee Implant
- Mobile-bearing Knee Implant
- Medial-pivot Knee Implant
- Gender-specific Knee Implants
- Patient-specific/Customized Implants
- Knee Replacement Types
- Total Knee Replacement
- Knee Resurfacing
- Revision Knee Replacement
- Unicondylar/Partial Knee Replacement
- Navigation Systems
- Minimally Invasive Surgery
- Infection
- Complications
- Alternatives
- Trends
- Low Adoption Rate of Gender-Specific Knee Replacements
- Bicruciate-retaining Total Knee Arthroplasty Offers Future Growth Opportunities
- Growing Infection Rates Contributing to Rise in Knee Revisions
- Demand among Younger Population
- Changing Structure of the Healthcare Industry
- Hospital Consolidation
- Medical Tourism
- Health Insurance Developments
Chapter 5 Total Knee Replacement: Market Dynamics
- Market Drivers
- Increased Prevalence of Osteoarthritis
- Robotic Surgeries Drives Sales of Knee Implants
- Need for Personalized Implants
- Rapid Growth of the World’s Elderly Population
- Advancements in Technology
- Market Restraints
- Demand for Warranties
- Financial Burden of Revision Procedures
- Increased Number of Implant Recalls
Chapter 6 Impact of COVID-19 Pandemic
- Introduction
- Outbreak
- Impact of COVID-19 on Total Knee Replacement
Chapter 7 Market Breakdown by Product Category
- Introduction
- Primary Total Knee Replacement
- Market Size and Forecast
- Market Analysis
- Revision Total Knee Replacement
- Market Size and Forecast
- Market Analysis
Chapter 8 Market Breakdown by Implant Type
- Introduction
- Fixed-bearing Implants
- Market Size and Forecast
- Market Analysis
- Mobile-bearing Implants
- Market Size and Forecast
- Market Analysis
- Others
- Market Size and Forecast
- Market Analysis
Chapter 9 Market Breakdown by Region
- Introduction
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Rest of Asia-Pacific
- Rest of the World
Chapter 10 Competitive Landscape
- Global Company Share Analysis
- Mergers and Acquisitions
- Agreements, Collaborations, Product Launches, Achievements and Partnerships
Chapter 11 Company Profiles
- B. Braun Melsungen A
- Corin Group
- Depuy Synthes (J&J)
- Exactech Inc.
- Lepu Medical Technology (Beijing) Co., Ltd.
- Medacta International
- Stryker Corp.
- Smith & Nephew Plc
- Zimmer Biomet Holdings
Chapter 12 Appendix: List of Acronyms
List of Tables
Summary Table: Global Market for Total Knee Replacement, by Product Category, Through 2026
Table 1: Class I and Class II 510(k) Exempt Devices
Table 2: Global Elderly Population (60 Years and Older), by Country, 2019
Table 3: Global Market for Total Knee Replacement, by Product Category, Through 2026
Table 4: Global Market for Total Knee Replacement, by Implant Type, Through 2026
Table 5: Global Market for Total Knee Replacement, by Region, Through 2026
Table 6: North American Market for Total Knee Replacement, by Country, Through 2026
Table 7: North American Market for Total Knee Replacement, by Product Category, Through 2026
Table 8: North American Market for Total Knee Replacement, by Implant Type, Through 2026
Table 9: European Market for Total Knee Replacement, by Country, Through 2026
Table 10: European Market for Total Knee Replacement, by Product Category, Through 2026
Table 11: European Market for Total Knee Replacement, by Implant Type, Through 2026
Table 12: Knee Replacement Procedures Performed in the U.K., by Age Group and Gender, April 2018-March 2019
Table 13: Asia-Pacific Market for Total Knee Replacement, by Country, Through 2026
Table 14: Asia-Pacific Market for Total Knee Replacement, by Product Category, Through 2026
Table 15: Asia-Pacific Market for Total Knee Replacement, by Implant Type, Through 2026
Table 16: RoW Market for Total Knee Replacement, by Product Category, Through 2026
Table 17: RoW Market for Total Knee Replacement, by Implant Type, Through 2026
Table 18: Global Market Shares of Total Knee Replacement, by Manufacturer, 2020
Table 19: B. Braun Melsungen AG: Total Knee Replacement Product Portfolio
Table 20: Corin Group: Total Knee Replacement Product Portfolio
Table 21: DePuy Synthes: Total Knee Replacement Product Portfolio
Table 22: Exactech Inc.: Total Knee Replacement Product Portfolio
Table 23: Lepu Medical: Total Knee Replacement Product Portfolio
Table 24: Medacta International: Total Knee Replacement Product Portfolio
Table 25: Stryker Corp.: Total Knee Replacement Product Portfolio
Table 26: Smith & Nephew PLC: Total Knee Replacement Product Portfolio
Table 27: Zimmer Biomet: Total Knee Replacement Product Portfolio
Table 28: Acronyms Used in the Total Knee Replacement Industry
List of Figures
Summary Figure A: Global Market for Total Knee Replacement, by Product Category, 2020-2026
Summary Figure B: Global Market Shares of Total Knee Replacement, by Product Category, 2020
Figure 1: Marketing a Medical Device in the U.S.
Figure 2: Knee Implant Recalls, by Implant Manufacturer, 2003-2019
Figure 3: Global Market Shares of Total Knee Replacement, by Product Category, 2020
Figure 4: Global Market for Primary Total Knee Replacement, 2020-2026
Figure 5: Global Market for Revision Total Knee Replacement, 2020-2026
Figure 6: Global Market Shares of Total Knee Replacement, by Implant Type, 2020
Figure 7: Global Market for Fixed-bearing Implants of Total Knee Replacement, 2020-2026
Figure 8: Global Market for Mobile-bearing Implants for Total Knee Replacement, 2020-2026
Figure 9: Global Market for Types of Other Implants for Total Knee Replacement, 2020-2026
Figure 10: Global Market Shares of Total Knee Replacement, by Region, 2020
Figure 11: North American Market Shares of Total Knee Replacement, by Country, 2020
Figure 12: U.S. Market for Total Knee Replacement, 2020-2026
Figure 13: Projected Annual Total Utilization of Primary TKA Procedures in the U.S., 2020-2040
Figure 14: Projected Annual Total Utilization of Revision TKA Procedures in the U.S., 2020-2040
Figure 15: Canadian Market for Total Knee Replacement, 2020-2026
Figure 16: Total Knee Replacement Procedures Performed in Europe, by Country, 2017-2019
Figure 17: European Market Shares of Total Knee Replacement, by Country, 2020
Figure 18: German Market for Total Knee Replacement, 2020-2026
Figure 19: U.K. Market for Total Knee Replacement, 2020-2026
Figure 20: French Market for Total Knee Replacement, 2020-2026
Figure 21: Italian Market for Total Knee Replacement, 2020-2026
Figure 22: Spanish Market for Total Knee Replacement, 2020-2026
Figure 23: Rest of European Market for Total Knee Replacement, 2020-2026
Figure 24: Asia-Pacific Market Shares of Total Knee Replacement, by Country, 2020
Figure 25: Japanese Market for Total Knee Replacement, 2020-2026
Figure 26: Chinese Market for Total Knee Replacement, 2020-2026
Figure 27: Indian Market for Total Knee Replacement, 2020-2026
Figure 28: Rest of Asia-Pacific Market for Total Knee Replacement, 2020-2026
Figure 29: Rest of the World Market for Total Knee Replacement, 2020-2026
Figure 30: B. Braun Melsungen AG: Annual Revenue, 2018-2020
Figure 31: B. Braun Melsungen AG: Revenue Share, by Country, 2020
Figure 32: B. Braun Melsungen AG: Revenue Share, by Business Division, 2020
Figure 33: Medacta International: Annual Revenue, 2019 and 2020
Figure 34: Medacta International: Revenue Share, by Business Segment, 2020
Figure 35: Medacta International: Revenue Share, by Region, 2020
Figure 36: Stryker Corp.: Annual Revenue, 2018-2020
Figure 37: Stryker Corp.: Revenue Share, by Region/Country, 2020
Figure 38: Stryker Corp.: Revenue Share, by Business Segment, 2020
Figure 39: Smith & Nephew PLC: Annual Revenue, 2018-2020
Figure 40: Smith & Nephew PLC: Revenue Share, by Geography, 2020
Figure 41: Smith & Nephew PLC: Revenue Share, by Segment, 2020
Figure 42: Zimmer Biomet: Annual Revenue, 2018-2020
Figure 43: Zimmer Biomet: Revenue Share, by Region, 2020
Figure 44: Zimmer Biomet: Revenue Share, by Segment, 2020
Executive Summary
Key growth factors are the increasing incidence of orthopedic disorders among the population and an aging population. Other growth factors include increasing approvals of technologically advanced products and rising R&D investments in knee replacement implants. Also, the increasing incidence of orthopedic disorders related to the growing incidence of both diabetes and obesity cases is pushing growth in the total knee replacement market.
The diseases related to muscles, tendons and joints generally are considered to be orthopedic disorders. The most widely recognized orthopedic issues are osteoarthritis, joint inflammation, rheumatoid joint pain and lower back pain. Each bone, tissue and ligament in the body is a piece of the skeletal framework and a potential supporter of orthopedic conditions. Degenerative and incendiary infections of the bones and joints are normal orthopedic issues. These conditions frequently are found as chronic ailments among the elderly. As a percentage of the total global population, the elder population continues to expand. It is expected that the number of individuals 50 years and older who have bone infections will double during the forecast period.
Most of these conditions require surgery such as total joint replacement. These surgeries require implants to be placed inside the body. The three most common orthopedic disorders are osteoarthritis, lower limb joint pain and medial cartilage tear.
In the U.S., orthopedic disorders affect than 1 in 2 adults and 3 in 4 people over the age of 65. Arthritis, trauma, and back pain are the three most basic orthopedic conditions in the U.S. Orthopedic conditions are the most debilitating conditions affecting the overall world population. Orthopedic disorders are increasing as U.S. aged population increases. By 2030, the number of people in the U.S. 65 years old and over is expected to double, with individuals 85 years old and older representing the fastest-growing segment. Comparable statistical changes are anticipated for Europe.
Companies Mentioned
- B. Braun Melsungen A
- Corin Group
- Depuy Synthes (J&J)
- Exactech Inc.
- Lepu Medical Technology (Beijing) Co., Ltd.
- Medacta International
- Stryker Corp.
- Smith & Nephew Plc
- Zimmer Biomet Holdings
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 121 |
| Published | August 2021 |
| Forecast Period | 2021 - 2026 |
| Estimated Market Value ( USD | $ 6.5 Billion |
| Forecasted Market Value ( USD | $ 8 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
