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Knee Implants Market Analysis, Applications, Sale, Growth, Trends By 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Knee Implants Market Size, Growth Rate, And Forecast
The global knee implants market size is expected to grow from $10.87 billion in 2022 to $11.39 billion in 2023 at a compound annual growth rate (CAGR) of 4.72%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global knee implants market size is expected to reach $13.91 billion in 2027 at a CAGR of 5.14%.
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Knee Implants Market Drivers
The increasing prevalence of orthopedic disorders is expected to boost the growth of the knee implants market going forward. Orthopedic disorder refers to illness or injury to the musculoskeletal system, which includes the bones, joints, muscles, tendons, and ligaments. People with orthopedic conditions can decrease pain and incapacity by replacing the damaged knee joint surfaces with knee implants; hence, the increasing prevalence of orthopedic disorders is expected to boost the knee implant market.
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Knee Implants Market Segments
1) By Product: Total Knee Replacement, Partial Knee Replacement, Revision Knee Replacement
2) By Component Type: Fixed-Bearing Implants, Mobile-Bearing Implants
3) By Material: Stainless Steel, Cobalt-Chromium Alloys, Titanium Alloys, Polyethylene, Ceramics, Other Materials
4) By Fixation Type: Cemented, Cementless, Hybrid
5) By End User: Hospitals And Orthopedic Clinics, Ambulatory Surgical Centers, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Knee Implants Market.
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Knee Implants Market Key Players
Major competitors in the Knee Implants Market include Johnson & Johnson Services Inc., Zimmer Biomet, Stryker Corporation, Smith+Nephew PLC, Aesculap Inc., Exatech Inc., MicroPort Scientific Corp., CONMED Corporation, Conformis Inc., Corin Group, Medacta International, B. Braun SE, ARTIQO GmbH, Arthrex Inc. and Enovis Corp
The Business Research Company's "Global Knee Implants Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Knee Implants Market Include:
1. Executive Summary
2. Knee Implants Market Characteristics
3. Knee Implants Market Trends And Strategies
4. Knee Implants Market - Macro Economic Scenario
5. Knee Implants Market Size And Growth
.......
26. Africa Knee Implants Market
27. Knee Implants Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Knee Implants Market
29. Knee Implants Market Future Outlook and Potential Analysis
30. Appendix
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