openPR Logo
Press release

Knee Replacement Market Grows Vivaciously in Revenue Says Zimmer Inc., DePuy Synthes, Stryker, Smith and Nephew, Kinamed, Inc., Allegra Orthopaedics Limited, Exactech, Inc.

02-11-2019 10:49 AM CET | Health & Medicine

Press release from: Market Research Future

Knee Replacement Market Grows Vivaciously in Revenue Says

MRFR is Leading Research Firm who recently published “Knee Replacement Market Research Report” which includes Growth Study, Regional Analysis, Top Industry Players Formation, Major Drivers, Upcoming Trends and Forecast to 2023.

Knee Replacement Market - Scenario

The global knee replacement market is highly concentrated owing to the presence of established international companies generating a significant amount of the market revenue. Research and developments, done by various companies, are going to boost the market growth and increase the competition.

The Global Knee Replacement Market is presumed to experience 6.1 % CAGR during the forecast period (2017-2023) owing to the increasing geriatric population, asserts Market Research Future (MRFR). Knee replacement is also referred to joint replacement surgery which is meant for patients suffering from knee damage.

Download PDF Brochure for Sample Report @ https://www.marketresearchfuture.com/sample_request/1578

Diseases such as post-traumatic arthritis, osteoarthritis, and rheumatoid arthritis generally cause knee damage. Knee arthroplasty or knee replacement is performed to replace damaged knee with artificial knee implants.

Global Knee Replacement Market - Competitive Dashboard

DePuy Synthes

Allegra Orthopaedics Limited

Exactech Inc.

Smith and Nephew

Zimmer Inc.

Stryker

Kinamed Inc.

Global Knee Replacement Market - Drivers and Constraints

Knee replacement is highly driven by the geriatric population due to old age ailments such as osteoporosis, arthritis, and diabetes. Advent of advanced technologies such as minimally invasive surgery, presence of better implant materials, and extensive research and development activities in the industry are considered to propel the market during the assessment period.

According to the American Joint Replacement Registry, 87 % of the diagnosed osteoarthritis cases undergo knee replacement. With growing prevalence of osteoarthritis, the number of knee replacement has risen.

Also, the adaptation of sedentary lifestyle has led to obese population which is considered to foster the market growth in the future.

On the flip side, non-surgical treatment methods like shoe aids and exercises coupled with high cost of knee replacement surgeries are likely to retard the market growth in the coming years.

OBTAIN PREMIUM RESEARCH REPORT DETAILS @ https://www.marketresearchfuture.com/reports/knee-replacement-market-1578

Knee Replacement Market - Segmental Analysis

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

Based on product type the market is segmented into total knee reconstructive implants, partial knee reconstructive implants, and revision knee reconstructive implants. Total knee implants are further sub-segmented into mobile bearing implants, fixed bearing implants, medial pivot implants, and others.

Total knee replacement is the largest grossing segment with the US and Germany contributing significantly to this vertical. Surgical advancements and developing economies are proving to be major driving factors.

Material-wise segmentation includes metal alloy, ceramic material, durable plastic parts, and others. Improved implant materials and their success rates are enabling the younger population to undergo knee replacement surgery and are boosting the global knee replacement market significantly.

On the basis of end-user, the market is segmented into hospitals and clinics, specialty centers, and rehabilitation centers. Hospitals and clinics are going to dominate the market in this segment.

Knee Replacement Market - Regional Insights

Geographically, the knee replacement market spans across regions namely, North America, Europe, Asia Pacific, and the Middle East and Africa.

Among all the regions, the North American market is considered to be a growing market owing to the growing geriatric population affected by knee disorders. Also, growing awareness regarding joint treatments are further considered to drive the market during the assessment period.

For instance, according to the American Joint Replacement Registry, more than 161,040 joint replacement procedures were performed in 2015.

Europe is presumed to be the second largest market after North America and is estimated to hold a noticeable share. The growth is attributed to the availability of advanced and innovative treatment facilities coupled with growing skilled medical professionals in this region.

Also, with the growing geriatric population giving rise to patient population, the market is considered to expand at a rapid pace.

Asia Pacific is presumed to be the fastest growing market owing to the increasing prevalence of joint disorders such as osteoarthritis and arthritis. Increasing awareness about health along with availability of advanced treatment methods are likely to foster the market in this region.

AVAIL DISCOUNT @ https://www.marketresearchfuture.com/check-discount/1578

About Us:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Office No. 528, Amanora Chambers
Pune - 411028
Maharashtra, India

This release was published on openPR.

Permanent link to this press release:

Copy
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 Grows Vivaciously in Revenue Says Zimmer Inc., DePuy Synthes, Stryker, Smith and Nephew, Kinamed, Inc., Allegra Orthopaedics Limited, Exactech, Inc. here

News-ID: 1576073 • Views:

More Releases from Market Research Future

US Color Cosmetics Market Report Presents an Overall Analysis, Development Trends, Driving Forces, Opportunities
US Color Cosmetics Market Report Presents an Overall Analysis, Development Trend …
Color cosmetics have long been an integral part of American culture, offering a wide range of products to enhance beauty and express individuality. The US color cosmetics market is a dynamic and vibrant landscape, driven by evolving consumer preferences, innovative product offerings, and changing beauty trends. In this article, we explore the key drivers, trends, restraints, and opportunities shaping the US color cosmetics market. The US Color Cosmetics Market was valued
US Takeout Containers Market Key Players, End User Demand and Analysis Growth Trends by 2032
US Takeout Containers Market Key Players, End User Demand and Analysis Growth Tr …
Takeout containers have become an integral part of the modern dining experience, offering convenience and portability for consumers on-the-go. In the United States, the takeout containers market has witnessed significant growth in recent years, driven by changing consumer lifestyles, the rise of food delivery services, and increasing environmental concerns. This article explores the key trends, drivers, restraints, and opportunities shaping the US takeout containers market. US Takeout Containers Market size was
Construction IoT Market Size with Growth Opportunities, Top Countries Data, Future Trends and Share with Revenue Forecast 2024 to 2032
Construction IoT Market Size with Growth Opportunities, Top Countries Data, Futu …
The Construction Internet of Things (IoT) market is rapidly expanding, revolutionizing the construction industry by enhancing productivity, safety, and efficiency. IoT in construction involves the use of sensors, devices, and software to collect and analyze data in real-time, enabling better decision-making and optimization of construction processes. The Construction IoT Market is estimated at US$ 51.78 billion in 2032 and is forecasted to increase rapidly at a CAGR of 16.8% from 2024
Logistics & Supply Chain Market By Business Top Key Players, Growth, Trend, Segmentation, Revenue and Industry Expansion Forecast Report
Logistics & Supply Chain Market By Business Top Key Players, Growth, Trend, Segm …
The logistics and supply chain market is a critical backbone of global commerce, ensuring the seamless flow of goods from production to consumption. It encompasses a vast network of processes, technologies, and providers working together to deliver products to customers efficiently and cost-effectively. Logistics & Supply Chain Market was valued at USD 9.1 Billion in 2024 and is expected to reach USD 14.72 Billion by 2032, registering a CAGR of 6.20%

All 5 Releases


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 Replacement Market Analysis By Product Type (Primary Knee Replacement, Part …
Rapidly increasing geriatric population coupled with growing prevalence of the degenerative disease has been stimulating the growth of knee replacement market. Technologically advanced implant material coupled with development of the customized replacement implants has been forecasted to gain significant traction in knee replacement market. Growing awareness regarding the advantages of knee replacement has resulted in increased number of adult population undergoing early knee replacement surgeries. Rising demand for usage of
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