Press release
Knee Implants Industry to Witness Massive Growth (2024-2031) | Zimmer Biomet, Corin Group, Stryker Corp, DePuy Synthes
The Global Knee Implants Market size was valued at US$ 12.44 billion in 2024 and is estimated to reach at a CAGR of 4.56% during the forecast period (2024-2031).Knee joint replacement surgery is performed to relieve pain and disability, especially when conservative treatments fail, and in cases of conditions like rheumatoid and psoriatic arthritis. However, in patients with severe deformities from advanced rheumatoid arthritis, trauma, or chronic osteoarthritis, the surgery may be more complex and risky, making it not always the preferred option.
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Market Trends:
The rising incidence of bone-related diseases and accidents is driving growth in the knee implant market. According to the National Library of Medicine, fractures-often the first sign of conditions like osteoporosis-affect an estimated 1.5 million people annually in the U.S. Additionally, around 800,000 knee replacement surgeries are performed each year, a number that continues to grow. The WHO reports that traffic accidents result in 1.3 million deaths and 20 to 50 million non-fatal injuries globally each year, further increasing the demand for knee implants.
Segment Covered in the Knee Implants Market:
By Type: Total knee replacement, Partial knee replacement, Revision knee replacement
By Component Type: Fixed-bearing Implants, Mobile-bearing Implants
By End user: Hospitals, Ambulatory surgical centers, Orthopedic clinics
Top Major Key Players
• Zimmer Biomet
• Corin Group
• Stryker Corp
• DePuy Synthes
• Smith and Nephew
• Aesculap Implants Systems, LLC
• Exactech, Inc.
• MicroPort Scientific
• CONMED, Kinamed, Inc.
• ConforMIS
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Regional Analysis:
The global Knee Implants Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Knee Implants Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Product Portfolio:
The GENESIS II Total Knee System has become one of the industry's most reliable knee systems. It features advanced tools, including a user-friendly MIS system and ream-through femoral trials, making it one of the most comprehensive and dependable systems available.
Related Reports:
Tourniquet Market: https://www.datamintelligence.com/research-report/tourniquet-market
3D Printed Implants Market:https://www.datamintelligence.com/research-report/3d-printed-implants-market
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