Knee Replacement Market Analysis By Product Type (Primary Knee Replacement, Partial Knee Replacement, Revision Knee Replacement), Demand, Growth, Forecast & Key Players: Stryker Corporation, Zimmer Holdings, Smith & Nephew Plc, DePuy Companies, Inc
Steady development in the reimbursement scenario coupled with growing government initiatives has led to reduced cost of the knee replacement surgeries, thereby providing beneficial impacts on the growth of knee replacement market. Partial knee replacement procedure is expected to gain significant traction in the forthcoming years owing to growing surgical need for only damaged knee component together with least erosion of the healthy tissues.
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-864
Ambulatory surgical centers are anticipated to contribute significantly towards the growth of knee replacement market in the forthcoming years owing on account of low costs associated with the surgery as well as rapidly increasing immediate need in the facility for timely processes without long delays, thereby benefitting in expansion of customer-base. In addition, personalized care offerings by the ambulatory healthcare facilities further drives the demand for ambulatory surgical center
Knee Replacement is the common joint replacement surgery that are undertaken for patients with knee damaging diseases such as osteoarthritis, post-traumatic arthritis or rheumatoid arthritis. The rising number of elderly patients followed by the increasing number of surgeries undertaken is anticipated to grow the global knee replacement market. The surgical procedure of knee replacement is inclusive of various steps taken to implant the artificial device and replacement of the damaged knee. There are many different types of implants - which are made of metal alloys, ceramic material, or strong plastic parts.
Knee replacement is one of the most effective and widely used ways to relieve the knee arthritis pain. Technological advancements in the knee replacement market such as minimal invasive surgery, improved implant materials and their success rates are allowing even the younger population to undergo knee replacement surgery ultimately driving the global knee replacement market significantly. The global knee replacement market is also promoted by the technologies such as 3D printed knee implants which is being manufactured by the U.S. based medical company ConforMIS.
The emerging knee replacement market has been experiencing a phase of new product development and technological advancements due to greater demand. The manufacturing companies are raising their respective market share with aggressive marketing activities and growing awareness among people.
Knee Replacement Market: Drivers & Restraints
The knee implants market is expected to grow due to several factors such as increasing rate of old-age diseases like osteoporosis, diabetes, obesity, arthritis; ageing population and sports-related injuries. Conversely due to existing and upcoming advance technologies such as minimal invasive surgery and better implant materials are making it more widely accepted even by the younger populace.
Despite of being widely used procedure for curing extremely debilitating diseases, such as osteoarthritis, the global knee replacement market is facing some challenges such as economic slowdown that is preventing the market from growing. Some of the other growth restraining factors of the global knee replacement market can be high surgery cost, increasing competition, increasing number of OEM’s in the market and growing awareness for some non-surgical treatment methods such as exercises, weight loss, walking aids, shoe inserts and pain killer medicines.
Knee Replacement Market: Segmentation
By product type, the global knee replacement market is segmented as follows:
Primary Knee Replacement (Further segmented as below)
Primary Cemented Knee Replacement
Primary Cementless Knee Replacement
Partial Knee Replacement
Revision Knee Replacement
Knee Replacement Market: Region-wise Outlook
The knee replacement market is expected to register a favourable growth for the forecast period, 2015?2025. The North America and Europe are projected to endure control on the global knee replacement market followed by Asia and Middle East. Europe and North America are expected to register a double digit growth in forecasted period. The demand for knee replacement surgery devices in surging across Asian regions. The factors contributing to the rising demand in APAC are growing awareness for the possible treatments, increasing number of elderly population and following patients with knee joint afflictions.
The developing regions such as India and China are projected to be potentially growing in global knee replacement market with reference to the increasing demand for knee implant products holding the fact that these procedures and devices, that were considered unaffordable about a decade ago, are within financial reach of India’s and China’s growing middle classes.
Request to View TOC @ https://www.futuremarketinsights.com/toc/rep-gb-864
Knee Replacement Market: Key Players
The global knee replacement market is consolidated. Some of the key players in the market are Stryker Corporation, Zimmer Holdings, Smith & Nephew Plc, DePuy Companies, Inc, Wright Medical Group, Inc, Biomet, Inc., Exactech. and B. Braun Melsungen AG.
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Knee Replacement Market Analysis By Product Type (Primary Knee Replacement, Partial Knee Replacement, Revision Knee Replacement), Demand, Growth, Forecast & Key Players: Stryker Corporation, Zimmer Holdings, Smith & Nephew Plc, DePuy Companies, Inc here
News-ID: 1335993 • Views: 393
More Releases from Future Market Insights
The German Tortilla Mix Market is estimated to grow at a CAGR of 4.7% by 2023 to …
In 2023, the market share of tortilla mix was estimated to be worth US$ 12.23 billion. By 2033, it was estimated to be worth US$ 23.18 billion. This is expected to further boost the market share of the tortilla mix and generate a CAGR of 6.6%. The nutritional benefits of tortillas have become increasingly popular in both developed and developing countries. At the same time, a growing number of people are
Asian pacific Sheep Shearing Equipment Market was valued at US$ 91.4 Million by …
The global sheep shearing equipment market was valued at US$ 755.8 Mn in 2022. The market is expected to develop from US$ 780 Mn in 2023 to US$ 1,069 Mn by 2033, registering a CAGR of 3.2% over the forecast period. Shearing machinery is used on farms to cut or remove wool from sheep's bodies. The exceptional qualities of this equipment have increased demand. The need for sheep shearing equipment is growing since regular shearing is necessary to keep
The UK Stock Tank Market was valued at US$ 499.2 Million by the time of 2033
A CAGR of 6.5% is predicted for the global stock tank market over the forecast period. The market is anticipated to increase from US$ 2.82 Bn in 2023 to US$ 5.30 Bn by 2033. The stock tank business has recently seen tremendous demand. The summer has grown more challenging for both humans and animals due to global warming. To save the farm animals and combat the heat, farms are installing stock tank pools significantly. Increasing demands for increased
By 2032, the Egg Albumin Protein Market is expected to be worth US$ 2.88 Billion
According to a recent report published by Future Market Insights, sales of egg albumin protein are estimated to reach a valuation of US$ 2.88 Bn by 2032, surging at 7.3% CAGR during the forecast period of 2022 to 2032. Egg albumin protein is absorbed by the blood and is used to separate proteins. It is expected to gain high popularity across the globe, especially in the sports nutrition sector owing to its ability
More Releases for Knee
Knee Sleeve Review 2022: (Must Read!) Is Knee Sleeve Working or Fake?
As people become older, the lubrication that surrounds their knee caps wears off, making them more susceptible to injury. The pain may eventually become intolerable with long-distance walking, frequent use of the knee, particularly on rough surfaces, and other daily activities. When this happens, a person can discover that they are unable to continue with their regular routines. To solve this problem, get our Knee Sleeves and use them in
Knee Orthosis Market Increasing Demand By Type: With Knee Pads, Knee Has Opening …
Acumen Research and Consulting has announced the addition of the "Knee Orthosis Market” report to their offering. The Knee Orthosis Market Report 2018 is an in depth study analyzing the current state of the Knee Orthosis Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Knee Orthosis Market provides analysis of China market covering the industry trends, recent
PentagonFit Knee Compression Sleeves Review: Read This Before Buying This Knee C …
What are PentagonFit Knee Sleeves? PentagonFit Knee Sleeves is a knee compression sleeve that can also serve as a support for injury prevention. It is designed to strengthen the knee and to help relieve pain in the knee. (Any/all of the links on this post are affiliate links of which the author receives a small commission from sales of this product/service, but the price is the same to you.) Click on the
Knee Reconstruction Materials Market - Knee Replacement Surgery Driving the Glob …
This study researches the market size of Knee Reconstruction Materials in United States, European Union and China, presents the Knee Reconstruction Materials production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth
Knee Bursitis | Inside the Knee Bursitis Industry's Explosive Growth In UK & USA
Knee bursitis is inflammation of a small fluid-filled sac (bursa) situated near the knee joint. Bursae reduce friction and cushion pressure points between bones and the tendons, muscles, and skin near joints. Knee bursitis signs and symptoms vary, depending on which bursa is affected and what's causing the inflammation. Generally, the affected portion of knee might feel warm, tender, and swollen when pressure is applied. But most cases of knee
Global and Japan Knee Support Market: By Knee Support Category - Open Knee Suppo …
Researchmoz added Most up-to-date research on "Global and Japan Knee Support Market: By Knee Support Category - Open Knee Support & Closed Knee Support" to its huge collection of research reports. The global Knee Support market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2017, growing at a CAGR of XX% between 2016 and 2022. Japan plays an important role