Global Total Knee Replacement Market By Cause (Osteoarthritis, Rheumatoid arthritis, Post-traumatic arthritis), By Material (Metal-plastic, Ceramic-ceramic, Ceramic-plastic, Metal-metal), By Age (50-65, 65-80, 80+), By Implant Fixation (Cemented, Cement less, Hybrid), By End-User (Hospitals, Orthopedic Centers, Other End Users), By Region, Forecast & Opportunities, 2025
The global market for total knee replacement is expected to witness steady growth during the forecast period. This is due to the rise in the geriatric population, which is prone to knee-based disorders like osteoporosis. Total knee replacement possesses myriad advantages like less blood loss, less muscle dissection, reduced knee pains and many others, which are responsible for the market growth across the globe. However, the costliness of the procedure is one of the restraining factors for this market.
The global total knee replacement market is segmented based on cause, material, age, implant fixation, end-user, company and region. The cause segment is further divided into osteoarthritis, rheumatoid arthritis, post-traumatic arthritis. The osteoarthritis segment is expected to hold the largest share because of the growing old age population and the rising cases of osteoarthritis among them. Also, the geriatric population has less bone density, which is why they majorly suffer from this disease making it the most dominant cause.
In terms of regional analysis, North America accounted for the largest market share in the year 2019, on account of the presence of various total knee replacement based companies and hospitals.
Major players in the global total knee replacement market include Stryker, Zimmer Biomet, B. Braun, Smith & Nephew, Conformis, Medacta, DePuy Synthes, MicroPort, Corin Group, Waldemar Link, DJO Global, Allegra Orthopaedics, Kinamed, Teijin-Nakashima Medical, GE Healthcare, Globus Medical, Medtronic, Wright Medical Group, Siemens, etc. Mergers and acquisitions are some common practices, which the leading players adopt to maintain their position in the market.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
To analyze and forecast the market size of global total knee replacement market.
To classify and forecast global total knee replacement market based on cause, material, age, implant fixation, end-user, company and region.
To identify drivers and challenges for global total knee replacement market.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global total knee replacement market.
To conduct pricing analysis for global total knee replacement market.
To identify and analyze the profile of leading players operating in global total knee replacement market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of hospitals across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the hospitals which could not be identified due to the limitations of secondary research. TechSci Research analyzed the hospitals and presence of all major players across the globe.
TechSci Research calculated the market size of global total knee replacement market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
Hospitals, orthopedic centers and other stakeholders
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to total knee replacement
Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as hospitals, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global total knee replacement market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, By Cause:
Market, By Material:
Market, By Age:
Market, By Implant Fixation:
Market, By End-User:
Market, By Region:
Middle east & Africa
Company Profiles: Detailed analysis of the major companies present in global total knee replacement market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.