Knee Replacement Market Analysis by Leading Industry Expert 2023 | Zimmer Inc., DePuy Synthes, Stryker, Smith and Nephew, Kinamed, Inc., Allegra Orthopaedics Limited, and Exactech, Inc.

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.

Global Knee Replacement Market -Scenario

Knee replacement is a joint replacement surgery meant for patients with knee damage. Knee damage can be caused by diseases such as osteoarthritis, post-traumatic arthritis, or rheumatoid arthritis or due to an accident.

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Global Knee Replacement Market -Key Players

Zimmer Inc.
DePuy Synthes
Stryker
Smith and Nephew
Kinamed, Inc.
Allegra Orthopaedics Limited
Exactech, Inc.

Global knee replacement market is expected to grow at a CAGR of 6.1% during the forecast period.

The knee replacement market is majorly driven by the increasing rate in older population giving rise to old age ailments such as arthritis, osteoporosis, and diabetes.

Additionally, the presence of better implant materials, advancement in technologies such as minimally invasive surgery, and heavy research and development in the knee implant industry are likely to enhance the global knee replacement market.

Factors that are likely to hamper the growth of the market are the high cost and growing awareness for some non-surgical treatment methods such as exercises and shoe aids.

Global Knee Replacement Market -Segments 

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

On the basis of product type, the market is segmented into total knee reconstructive implants, partial knee reconstructive implants, and revision knee reconstructive implants.

Total knee reconstructive implants are further sub-segmented into mobile bearing implants, fixed bearing implants, medial pivot implants, and others.

On the basis of material, the market is segmented into metal alloy, ceramic material, strong plastic parts, and others. On the basis of end-user, the market is segmented into hospitals and clinics, specialty centers, and rehabilitation centers.

Global Knee Replacement Market -Regional Analysis

The North American knee replacement market is a growing market in the Americas region. On a regional basis, the Americas region is segmented into North America and South America. North America is segmented into the U.S. and Canada.

Increasing aging population affected by knee joint disorders and increase in awareness level for joint related treatments are likely to enhance the growth of the knee replacement market in the North American region.

Additionally, according to the United States Census Bureau, around 49.2 million adults aged 65 and above were present in the U.S. as of 2016. Similarly, according to the Center for Disease Control and Prevention, in 2015, around USD 3.2 trillion was spent on healthcare expenditure in the U.S.

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Some Points form Table of Content

1. Report Prologue

2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

…Continued

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