Press release
Knee Replacement Industry Forecast: US$ 16.72 Billion by 2033 | Zimmer Biomet Holdings, Inc, Stryker Corporation, DePuy Synthes (Johnson & Johnson), Smith & Nephew Plc
Latest Research Study on Knee Replacement MarketThe Global Knee Replacement Market reached US$ 10.85 Billion in 2024 and is expected to reach US$ 16.72 Billion by 2033, growing at a CAGR of 4.8% during the forecast period 2025-2033.
Knee-Replacement Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Knee replacement, also known as knee arthroplasty, is a surgical procedure in which a damaged or worn-out knee joint is replaced with an artificial implant. It is commonly performed to relieve pain, stiffness, and mobility issues caused by conditions such as osteoarthritis, rheumatoid arthritis, post-traumatic arthritis, or knee injuries.
List of the Key Players in the Knee-Replacement Market:
Zimmer Biomet Holdings, Inc, Stryker Corporation, DePuy Synthes (Johnson & Johnson), Smith & Nephew Plc, B. Braun Melsungen AG, Medtronic Plc, MicroPort Scientific Corporation, Exactech, Inc, Conformis, Inc, DJO Global, Inc.
Industry Development:
In February 2025, Meril, an India-based medical device company, introduced MISSO, an indigenously developed advanced surgical robotic system designed to assist doctors in real-time during knee replacement procedures. MISSO aims to reduce the cost of knee replacement surgeries by 66%, making them more affordable and accessible. Additionally, the technology has the potential to be adapted for other joint surgeries in the future.
In October 2024, Exactech received FDA clearance for its Truliant Porous Tibial Tray, a 3D-printed tibial knee implant. Using additive manufacturing, the device features a porous structure that mimics cancellous bone, enhancing both initial and long-term biological fixation while supporting active lifestyles.
Growth Forecast Projected:
The Global Knee-Replacement Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2033. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Knee-Replacement Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Knee-Replacement Market:
By Procedure Type: Total Knee Replacement, Partial Knee Replacement, Revision Knee Replacement
By Implant Type: Fixed-Bearing Implants, Mobile-Bearing Implants, Medial Pivot Implants, Customized Implants
By Component: Femoral Component, Tibial Component, Patellar Component
By Fixation Type: Cemented Fixation, Cementless Fixation, Hybrid Fixation
By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Orthopedic Clinics, Rehabilitation Centers
Regional Analysis for Knee-Replacement Market:
The regional analysis of the Knee-Replacement Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Knee-Replacement market?
➠ Who are the leading manufacturers in the global Knee-Replacement industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Knee-Replacement industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Knee-Replacement market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
Browse More Reports: https://www.datamintelligence.com/research-report/knee-replacement-market
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