Knee Implants Market Overview Knee implants play an important role in resurfacing a knee damaged due to traumas or rheumatoid arthritis. As per the severity and need, these knee implants are developed in different forms namely, metal alloys, strong plastic parts, and ceramic material. The global Knee Implants market is expected to grow at a significant rate in the forecast period.
The increasing old age population has increased the number of people suffering from osteoporosis and arthritis. Additionally, the sedentary lifestyle among people also increases the prevalence of obesity and diabetes. Due to these factors, the demand for knee implant surgeries has been rising globally. Eventually, it supports the growth of the global Knee Implants market to a great extent. Moreover, growing awareness about knee implant surgeries will act as another driving factor to the expansion of the market.
Similarly, technological progression in procedures such as minimally invasive surgery, better implant materials has augmented the success rates. Also, with the advancement of technology in the knee implant market, companies are offering various product portfolios to patients and surgeons with advanced techniques, therefore providing better outcomes for patients. In addition, increasing research and development activities in the knee implant market, companies are offering technically improved products to the customers. It is expected that all these key aspects are boosting the growth of the global Knee Implants market.
On the other hand, the high cost of knee replacement surgery is acting as a major restrain for the growth of the market. Apart from this, high industry competition is resulting in price negotiation and this key factor supports the development of overall market size.
Covid-19 Impact on Knee Implants Market In addition, the current Knee Implants Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Knee Implants Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Knee Implants Market Segment Overview Based on Procedure, the Total Knee Replacement segment held the largest share in the global Knee Implants market. This is due to the increasing need for implants and personalized replacement systems offered by the companies. The growth of this segment is mainly attributed to the presence of a large patient base suffering from arthritis disorders and a rise in the patient count undergoing this procedure. In the total knee replacement procedure, all parts of knee joints are replaced with knee implants. Additionally, in the partial knee replacement procedures, a single part of the knee is replaced with an implant. Furthermore, the revision knee replacement procedures refer to the replacement of an existing implant with a new one.
Knee Implants Market, By Procedure
- Total Knee Replacement
- Cemented Knee Replacement
- Cement-Less Knee Replacement
- Partial Knee Replacement
- Revision Knee Replacement
Knee Implants Market, By Composition
· Fixed Bearing Prosthesis
· Mobile Bearing Prosthesis
Knee Implants Market Regional OverviewGeographically, North America is anticipated to dominate the global Knee Implants market. The U.S. represented the largest market in North America. The rising old age population base and the increasing prevalence of arthritis and other joint deformities are some important factors projected to propel the growth of the market in this region. Additionally, the presence of strong healthcare infrastructure and access to technologically advanced implants surgeries are estimated to boost the growth of the Knee Implants market. Similarly, the market in Asia-Pacific is expected to witness significant growth during the forecast period. The factors leading to a rise in the demand for knee implants in the Asia Pacific region include the aging population affected with knee joint disorders and growth in awareness level for related treatments. There is an increasing number of knee replacement surgeries in China and India. Also, India and China have a large population base and are hence expected to be an extremely potential market for knee replacement surgeries. Moreover, the increasing disposable income in these countries will further escalate the growth of the market in the Asia Pacific region.
Knee Implants Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Knee Implants Market Competitor overviewSome key developments and strategies adopted by manufacturers in the Knee Implants are highlighted below.
· In August 2021, Zimmer Biomet Holdings, a global medical technology leader, and Canary Medical, a medical data company, announced U.S. Food and Drug Administration (FDA) De Novo classification grant and authorization to market the tibial extension for Persona IQ®, the world’s first and only smart knee cleared by the FDA for total knee replacement surgery.
Knee Implants Market, Key Players· B.Braun
· Smith and Nephew
· Stryker
· Zimmer Biomet
· Medacta
· DePuy Synthes
· Aesculap Implants Systems,LLC
· Exactech, Inc.
· MicroPort Scientific
· CONMED
· Kinamed, Inc.
· ConforMIS
· OMNIlife science, Inc.
List of Figures
Figure 1: Global Knee Implants Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Knee Implants Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Knee Implants Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Knee Implants Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Knee Implants Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Knee Implants Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Knee Implants Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Knee Implants Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Knee Implants Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Knee Implants Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Knee Implants Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Knee Implants Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Knee Implants Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Knee Implants Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Knee Implants Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Knee Implants Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Knee Implants Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Knee Implants Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Knee Implants Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Knee Implants Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Knee Implants Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Knee Implants Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Knee Implants Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Knee Implants Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Knee Implants Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Knee Implants Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Knee Implants Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Knee Implants Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Knee Implants Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Knee Implants Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Knee Implants Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Knee Implants Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Knee Implants Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Knee Implants Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Knee Implants Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Knee Implants Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Knee Implants Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Knee Implants Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Knee Implants Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Knee Implants Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Knee Implants Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Knee Implants Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Knee Implants Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Knee Implants Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Knee Implants Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Knee Implants Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Knee Implants Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Knee Implants Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Knee Implants Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Knee Implants Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Knee Implants Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Knee Implants Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Knee Implants Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Knee Implants Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Knee Implants Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Knee Implants Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Knee Implants Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Knee Implants Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Knee Implants Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Knee Implants Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Knee Implants Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Knee Implants Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Knee Implants Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Knee Implants Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Knee Implants Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Knee Implants Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Knee Implants Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Knee Implants Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Knee Implants Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Knee Implants Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Knee Implants Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Knee Implants Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Knee Implants Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Knee Implants Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Knee Implants Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Knee Implants Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Knee Implants Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Knee Implants Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Knee Implants Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Knee Implants Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Knee Implants Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Knee Implants Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Knee Implants Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Knee Implants Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Knee Implants Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Knee Implants Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Knee Implants Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Knee Implants Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Knee Implants Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Knee Implants Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Knee Implants Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model