2025-2034 Knee Implants Market Outlook: Key Drivers, Emerging Challenges, and Strategic Insights

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What Will the Knee Implants Industry Market Size Be by 2025?
The market size for knee implants has witnessed a consistent growth over the past few years. It is forecasted to rise from $11.64 billion in 2024 to $12.18 billion in 2025, indicating a compound annual growth rate (CAGR) of 4.7%. Factors contributing to the growth during the historical period include an increasing elderly population, the prevalence of osteoarthritis, enhancements in implant material technology, a heightened acceptance of minimally invasive surgical procedures, and initiatives centered around patient awareness and education.

What's the Long-Term Growth Forecast for the Knee Implants Market Size Through 2029?
Expectations are that the knee implants market is set to witness robust growth in the coming years. The market is projected to reach $15.73 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.6%. The increase in the predicted timeframe can be credited to aspects like the demand for personalized and bespoke implants, widespread sports-related injuries, escalation in worldwide health spending, and progress in robot-assisted surgeries. Other elements contributing to this growth include rising obesity rates and the emphasis on outpatient and ambulatory surgical centers. Key future trends include patient-specific implants, minimally invasive surgery (MIS), intelligent implants with IoT integration, the use of biocompatible materials and surface technologies, and outpatient knee replacement procedures.

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What Are the Key Growth Drivers Fueling the Knee Implants Market Expansion?
The rise in orthopedic ailments is foreseen to fuel the expansion of the knee implants market in the future. Orthopedic ailments embody disorders or damage to the body's musculoskeletal system, encompassing bones, joints, muscles, tendons, and ligaments. Individuals suffering from these conditions can alleviate pain and disability by substituting the affected knee joint surfaces with knee implants. Thus, the mounting prevalence of such disorders is anticipated to spur the knee implant market. A research by the US-based national public health institute, the Centers for Disease Control and Prevention, predicts that by 2040, 25.9% of the total adult populace, equal to 78.4 million adults aged 18 and above, will likely have arthritis. Moreover, an additional 34.6 million (43.2% of adults affected by arthritis or 11.4% of all US adults) are expected to face activity restrictions due to arthritis by 2040. Hence, the escalating frequency of orthopedic disorders is propelling the expansion of the knee implants market.

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What Are the Key Trends Driving Knee Implants Market Growth?
The knee implants market is embracing robotic surgical systems for enhanced precision. In June 2024, India-based Meril introduced MISSO, a robotic platform that performs automated bone cuts, allows for 3D preoperative planning, and ensures improved implant alignment, faster recovery, and reduced surgical errors.

How Is the Knee Implants Market Segmented?
The knee implants market covered in this report is segmented -

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

Subsegments:
1) By Total Knee Replacement: Fixed-Bearing Implants, Mobile-Bearing Implants, Gender-Specific Implants
2) By Partial Knee Replacement: Medial Unicompartmental Knee Replacement, Lateral Unicompartmental Knee Replacement, Patellofemoral Replacement
3) By Revision Knee Replacement: Revision Of Total Knee Replacement, Revision Of Partial Knee Replacement, Augmented Revision Implants

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Which Companies Are Leading the Charge in Knee Implants Market Innovation?
Major companies operating 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., Enovis Corp., Hospital for Special Surgery, Medtronic plc, LimaCorporate S.p.A., Physica system Trabecular Titanium, SurgTech Inc., Waldemar Link GmbH & Co KG, Engage Surgical LLC, CORI Medical Ltd., Wright Medical Group Inc, Biomet Inc., Kyocera Medical Technologies Inc, DJO Global, OrthoPedic Implant Xperts, CORENTEC Co. Ltd.

Which Regions Are Leading the Global Knee Implants Market in Revenue?
North America was the largest region in the knee implant market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global knee implants market report during the forecast period. The regions covered in the knee implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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