Total Knee Replacement Market Forecast to 2026 in a Newly Released Report Profiling: Stryker, Zimmer Biomet, B. Braun Group, Smith & Nephew, Conformis, Medacta International, DePuy Synthes Companies, ExacTech, Inc., MicroPort Orthopedics, Inc, Corin Group

Worldwide Total Knee Replacement Market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

Global total knee replacement market is projected to record a commendable growth rate through 2026. Expanding geriatric population base along with rising prevalence of degenerative diseases such as osteoporosis and arthritis will lead to increased number of knee replacement surgeries.

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From the regional point of view, Latin America total knee replacement market was valued at US$200 million in 2019 and will record a CAGR of 6% during the forecast timeframe. This can be attributed to strong economic growth in the region in recent years along with the rising prevalence of arthritis and osteoporosis, particularly among the old. MEA accounted for over US$150 million of the total market share in 2019 and is projected to record more than 6.5% CAGR up to 2026.

Based on surgery type, the industry share is bifurcated into traditional surgery and technology assisted surgery. Traditional surgery type segment was valued at US$8 billion in 2019 and will witness robust growth in the coming years on account of rising number of primary knee replacement surgeries. Considering the material, metal-on-knee segment was estimated to be worth US$1.3 billion in 2019. It is one of the most commonly used knee implants and will witness strong demand in the forthcoming years. Conventional polyethylene inserts are estimated to witness slower demand in the coming years due to growing inclination towards the use of antioxidant polyethylene inserts.

Considering the implant type, medial pivot implants segment will record a CAGR of 8% up to 2026. This growth can be attributed to the fact that medial pivot implants can better replicate the physiological kinematics of the knee after treatment. Total knee replacement market is segmented into posterior stabilized and cruciate retaining based on design. Posterior stabilized design segment captured more than 50% revenue share in 2019. In this design, implants are used to replace the posterior cruciate ligament (PCL).

Leading players in the market:
o Stryker
o Zimmer Biomet
o B. Braun
o Smith & Nephew
o ConforMIS, Inc.
o Medacta
o DePuy Synthes
o Exactech, Inc.
o MicroPort Scientific Corporation (Wright Medical Group)
o Corin Group
o Waldemar LINK GmbH & Co. KG
o DJO Global
o C2F Implants

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In terms of product, partial knee replacement systems captured 10% revenue share during 2019. The segment is poised to witness healthy growth in the forthcoming years mainly on account of increasing number of patients suffering from arthritis in one or two knee components. On the basis of device type, three-compartmental knee implants accounted for over 70% of total knee replacement market share in 2019. This can be attributed to growing consumer inclination towards complete knee replacement procedures. The industry share, according to component, is segmented into femoral, tibial, and patellar. Rise in the number of patellofemoral procedures around the world will increase the demand for patellar replacement. The segment was estimated to be worth over US$1 billion in 2019.

Table Of Content
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Total Knee Replacement Industry Insights
Chapter 4. Total Knee Replacement Market, By Product
Chapter 5. Total Knee Replacement Market, By Device Type
Chapter 6. Total Knee Replacement Market, By Component
Chapter 7. Total Knee Replacement Market, By Implant Type
Chapter 8. Total Knee Replacement Market, By Design
Chapter 9. Total Knee Replacement Market, By Surgery Type

With respect to fixation material, the market share is classified into cement, cementless, and hybrid. Hybrid fixation material segment is estimated to register a 5% CAGR during the projected period due to increased adoption for knee replacement surgeries in recent years. Total knee replacement industry is classified into hospitals and ambulatory surgery centers, according to the end-use spectrum. Ambulatory surgery centers end-use segment will witness growth at over 6% through 2026 on account of increasing number of day surgeries globally.

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