openPR Logo
Press release

Knee Implants Market to Witness an Outstanding Growth by 2024

03-09-2018 08:38 AM CET | Health & Medicine

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Knee Implants Market to Witness an Outstanding Growth by 2024

Knee implants plays significant role in resurfacing a knee damaged either by traumas or by rheumatoid arthritis. Surgical procedure involving implantation of an artificial knee is termed as arthroplasty. Depending upon the severity and need, these knee implants are developed in different forms viz., metal alloys, strong plastic parts and ceramic material. The rising proportion of aging population across the world has increased the number of people suffering from osteoporosis and arthritis. Moreover, the sedentary lifestyle among people has led to increasing prevalence of obesity and diabetes. Owing to these factors, the demand for knee implant surgeries has been growing worldwide. Also leveraging technological advancement in procedures such as minimal invasive surgery, better implant materials has increased the success rates. Rising awareness about the knee implant surgeries will act as another driving factor to the market.

Get Brochure of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=513
With advancement of technology in the knee implant market, companies are offering diverse product portfolio to patients and surgeons with novel techniques, thus providing better outcomes for patients. Due to heavy research and development in knee implant industry, companies are offering technologically advanced products to the customers. The high cost of knee replacement surgery is acting as a major restraint in the countries facing economic downturn for the last couple of years. Many patients either avoid or postpone the surgery due to high cost of the procedure. This has compelled the hospitals and surgeons to strive for decreasing the cost of procedure to accommodate more patients while providing better care. Moreover, high industry competition is resulting into price negotiation and thus helping the growth of overall market size.

Companies’ manufacture knee implants with variety of designs and made up from a variety of materials. Most of these devices are made up of multiple material components constituting medical grade material. Based on the type of procedure, the global knee implants market can be categorized into total knee replacement, partial knee replacement and revision knee replacement. In the total knee replacement procedure, all parts of knee joints are replaced with knee implants. This procedure is further sub-segmented into cemented knee replacement and cement-less knee replacement. In the partial knee replacement procedures single part of the knee is replaced with an implant while the revision knee replacement procedures refers to replacement of an existing implant with new one. On the basis of composition, knee implants are also categorized as fixed bearing prosthesis and mobile bearing prosthesis.   

Get TOC of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=513
Geographically, the global knee implants market has been segmented into five major regions, viz., North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. The U.S. and Europe are the two big markets comprising of comparatively significant market share of the total knee implant market. Europe and North America are anticipated to dominate on the global knee replacement market. These two regions are followed by Asia market owing to increasing number of knee replacement surgeries in China and India. The factors leading to an increase in the demand for knee implants in Asia Pacific region include aging population affected with knee joint disorders and increase in awareness level for related treatments. India and China have large population base, and hence foreseen to be a highly potential market for knee replacement surgeries. The increasing disposable income in these countries will further propel growth in the Asia Pacific knee implant market. 

Globally, the knee implants market is dominated by players such as B.Braun, Smith and Nephew, Stryker, Zimmer Biomet, Medacta and Depuy. The medical device manufacturing companies are attempting to increase their market share through several product awareness and marketing campaigns. Technology and patient centric approach has been a key factor in driving the overall knee implants market.   

Enquiry for discount on this report –https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=513
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

View report : https://www.transparencymarketresearch.com/knee-implants-market.html

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Knee Implants Market to Witness an Outstanding Growth by 2024 here

News-ID: 971329 • Views:

More Releases from Transparency Market Research

Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn
Digital Health Market Estimated at US$ 1.1 Trillion by 2031, TMR Study
Digital Health Market Estimated at US$ 1.1 Trillion by 2031, TMR Study
In 2022, the worldwide 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐇𝐞𝐚𝐥𝐭𝐡 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 garnered a valuation of US$ 382.5 billion. Projections indicate a steady growth trajectory, with a compound annual growth rate (CAGR) of 13.1% anticipated from 2023 to 2031, ultimately culminating in a total valuation of US$ 1.1 trillion by the conclusion of 2031. Market analysts foresee a promising outlook characterized by the burgeoning prevalence of chronic diseases and the increasing adoption of smartphones and internet
Global Data Center Networking Market Set to Surge, Forecasted to Reach US$ 56.3 …
The Data Center Networking Market is poised for remarkable growth, driven by the burgeoning demand for cloud-native applications and the rapid adoption of data center virtualization and cloud computing. With an estimated value of US$20.6 billion in 2021, the market is projected to surge at a robust CAGR of 10.8% from 2022 to 2031, reaching a staggering US$56.3 billion by the end of 2031. Get Sample Copy of This Report at:

All 5 Releases


More Releases for Knee

Knee Sleeve Review 2022: (Must Read!) Is Knee Sleeve Working or Fake?
As people become older, the lubrication that surrounds their knee caps wears off, making them more susceptible to injury. The pain may eventually become intolerable with long-distance walking, frequent use of the knee, particularly on rough surfaces, and other daily activities. When this happens, a person can discover that they are unable to continue with their regular routines. To solve this problem, get our Knee Sleeves and use them in
Knee Orthosis Market Increasing Demand By Type: With Knee Pads, Knee Has Opening …
Acumen Research and Consulting has announced the addition of the "Knee Orthosis Market” report to their offering. The Knee Orthosis Market Report 2018 is an in depth study analyzing the current state of the Knee Orthosis Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Knee Orthosis Market provides analysis of China market covering the industry trends, recent
PentagonFit Knee Compression Sleeves Review: Read This Before Buying This Knee C …
What are PentagonFit Knee Sleeves? PentagonFit Knee Sleeves is a knee compression sleeve that can also serve as a support for injury prevention. It is designed to strengthen the knee and to help relieve pain in the knee. (Any/all of the links on this post are affiliate links of which the author receives a small commission from sales of this product/service, but the price is the same to you.) Click on the
Knee Reconstruction Materials Market - Knee Replacement Surgery Driving the Glob …
This study researches the market size of Knee Reconstruction Materials in United States, European Union and China, presents the Knee Reconstruction Materials production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth
Knee Replacement Market Analysis By Product Type (Primary Knee Replacement, Part …
Rapidly increasing geriatric population coupled with growing prevalence of the degenerative disease has been stimulating the growth of knee replacement market. Technologically advanced implant material coupled with development of the customized replacement implants has been forecasted to gain significant traction in knee replacement market. Growing awareness regarding the advantages of knee replacement has resulted in increased number of adult population undergoing early knee replacement surgeries. Rising demand for usage of
Knee Bursitis | Inside the Knee Bursitis Industry's Explosive Growth In UK & USA
Knee bursitis is inflammation of a small fluid-filled sac (bursa) situated near the knee joint. Bursae reduce friction and cushion pressure points between bones and the tendons, muscles, and skin near joints. Knee bursitis signs and symptoms vary, depending on which bursa is affected and what's causing the inflammation. Generally, the affected portion of knee might feel warm, tender, and swollen when pressure is applied. But most cases of knee