Total Knee Replacement Market 2023: Europe Analysis and Market Forecasts

"The Report MediPoint: Total Knee Replacement - Europe Analysis and Market Forecasts provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

About Total Knee Replacement Market

Total Knee Replacement (TKR) is a viable treatment option for patients whose knees have become excessively worn or degenerated due to osteoarthritis. The direct costs of nonsurgical management (including medication and physical therapy) of knee osteoarthritis, one of the most common joint injuries, pale in comparison to the indirect costs such as loss of earnings, disability payments, and reduced productivity. Additionally, there are other personal costs such as weight gain due to reduced activity level and risk of narcotic abuse due to pain management, which further magnify the burden associated with osteoarthritis. Modern TKR can be traced back to the 1970s, but since then research into implant and instrumentation design has greatly improved outcomes such that TKR now demonstrates long-term survivorship. The resultant increase in the numbers of TKR procedures puts financial stress on the healthcare system in the short term, as it remains more expensive than nonsurgical interventions. Therefore, there is a need to improve patient outcomes while reducing the economic burden of TKR.

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This report focuses on the market outlook for TKR devices in Europe (Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland, Turkey, and UK). The analysis identifies the key unmet needs in the TKR market, discusses the major drivers and barriers of adoption, and provides an in-depth understanding of physicians perceptions and the future outlook for this market by segment and geography.

Key Questions Answered

- What is the current and future TKR market outlook in the developed and emerging markets? What trends are affecting the European market?
- Which are the key, high growth markets that TKR manufacturers should expand into?
- What are the unmet needs with the current generation of TKR devices? How will emerging technologies fulfill these unmet needs?
- What are the challenges and complications that have hindered widespread adoption?
- With developing the next-generation of devices, what aspects of the technology are device manufacturers focused on optimizing? How will new entrants impact the TKR market?

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Scope

- Overview of recent key industry events and analysis of their market impact.
- Annualized total market revenue, procedure trends, and market outlooks by segment and by region through 2023.
- Key topics covered include strategic competitor assessment, market characterization, identification of unmet needs, reimbursement considerations, evaluating market access in each region covered in the report, and implications of the emerging technologies in the market.
- Analysis of the current and future market competition in the global TKR market. Insightful review of industry drivers, barriers, and challenges.

Reasons to buy

The report will enable you to -
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- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the performance of various competitors.
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