The Knee Replacement Market Size was valued at USD 10.61 billion in 2023 and is expected to reach USD 16.41 billion by 2032 and grow at a CAGR of 4.98% over the forecast period 2024-2032.
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This report shows the growing incidence and prevalence of knee osteoarthritis (OA) and related conditions, which have increased the demand for knee replacement procedures. The study looks into recent trends in knee replacement surgeries, including the increasing preference for minimally invasive techniques and the adoption of advanced prosthetic technologies. It also discusses prescription trends for knee replacement products, with a focus on emerging treatment options and their efficacy. The report gives a summary of device volume by region, showing how demand varies between markets. The post-surgical rehabilitation trend is also discussed, with the increase in the value of personalized recovery plans and innovative rehabilitation devices used to improve patient outcomes.
Drivers
Key Drivers Shaping the Growth of the Knee Replacement Market are Technology, Aging Populations, and Healthcare Challenges
The most important reason is the increasing incidence of osteoarthritis, especially in the elderly population. As the world's population ages, so do knee diseases like osteoarthritis, which have led to an increase in the demand for knee replacement surgeries. In addition, rising obesity rates have increased the load on knee joints. Technological advancements also are a key factor in the growth of the market. The customized implants, produced with the aid of 3D imaging and printing technology, have revolutionized knee replacements. This allows for more precise and personalized treatments, improving surgical outcomes and reducing recovery time. For instance, Medacta and Smith & Nephew have impacted the market through their customized implant solutions. Zimmer Biomet Holdings, for instance, witnessed an increase of 4% in their joint reconstruction device revenue in the year 2024, where rising demand has been noted for knee replacements. However, in several regions like Australia, healthcare infrastructure is facing challenges because long delays are prevailing in public hospitals where patients seek private treatment. Despite these challenges, the market continues to grow due to technological innovations, an aging population, and the increasing need for joint replacements.
Restraints
A significant barrier to the knee replacement market is the high cost of surgeries and implants, making them less accessible to a wider population.
Although the technology has improved, with personal implants and robotic-assisted surgeries, these are often more costly. In most regions, insurance coverage and reimbursement for knee replacements are inadequate, leaving patients with a heavy financial burden. Moreover, there are risks of complications during and after surgery, including infection, blood clots, and implant failure, which can lead to prolonged recovery times and the need for further procedures. Such concerns often deter patients from choosing surgery. In addition, there is a lack of knowledge about the advantages and the recovery process following knee replacement in some sections of the population, which deters them from approaching treatment. Skilled surgeons are not readily available in rural and underdeveloped areas, thus preventing many people from receiving proper care.
Opportunities
Advancements in robotic-assisted surgeries, 3D printing, and minimally invasive techniques are enhancing the precision, recovery time, and customization of knee replacement procedures.
Improvements in robotic-assisted surgeries, 3D printing, and intelligent implants have advanced precision, customized procedures, and recovery time and thus increase knee replacement surgeries. For instance, robotic-assisted surgeries can make patients spend about 2 to 3 fewer days in hospitals and make a surgical procedure with more accuracy so that patients can recover more speedily. This is due to the increased frequency of sports injuries, which can be quite hazardous, and tends to increase further among younger population groups. A 2023 study suggests that 33% of knee replacements are performed on patients under 65 years; this is a pattern that has been growing amongst active, younger people. Increasing focus on MIS opportunities also offers growth opportunities because such procedures cause less pain and speed recovery times. MIS techniques have proven to have decreased recovery times by 30-40% compared to traditional surgery types. For instance, with the world aging, the number of knee replacements in elderly people suffering from osteoarthritis continues to increase. The World Health Organization estimates that by 2050, the population aged 60 years and above will double, which will have increasing demand for knee replacement. Increasingly, emerging markets like India and Brazil are witnessing significant demand due to expanding middle classes and improved healthcare infrastructure. For example, the number of knee replacement surgeries has risen by 30% in India over the last five years due to better access to healthcare and increased disposable incomes.
Challenges
Issues such as long recovery times, a shortage of skilled surgeons, and high revision surgery rates are hindering market growth.
One of the significant issues with the knee replacement market is that surgeries often have long recovery times. While minimally invasive techniques have reduced the recovery period, most patients still require 6 to 12 months for complete rehabilitation. The aging population contributes to a larger number of knee replacements; however, comorbidities like diabetes and heart disease, which affect more than 60% of adults aged 65 and older, can complicate surgery and lengthen recovery. Furthermore, there is a shortage of experienced surgeons, especially in emerging markets. The World Health Organization indicates that the region of sub-Saharan Africa and South Asia has insufficient orthopedic specialists to ensure access to treatment for patients. High revision surgery rates also constitute a challenge as 10-20% of knee replacements will require revision within 10-15 years following implant failure. In the end, less-invasive treatments such as PRP injections and stem cell therapy are seen as alternatives, thereby giving some patients a choice between it and traditional knee replacement surgery.
By Implant Type
In 2023, Fixed Bearing Implant captured a share of around 57.3% of the knee replacement market. This is because of its proven reliability and stability in patients with a moderate to severe level of osteoarthritis. Long-term durability, few complications, and widespread adoption by surgeons describe fixed-bearing implants, which make them a favorite in the list of knee replacement surgeries.
Mobile-bearing implant is projected to be the fastest growing in the coming years. This type allows movement of the joint and wearing of the components, attracting younger and very active patients for this kind of implant. It is projected to rise as the demand for mobility and post-surgery functionality grows.
By Procedure
The Total knee arthroplasty (TKA) segment accounted for the largest share of the knee replacement market in 2023, around 64.5% of the market. TKA is still the most commonly performed procedure, especially among older adults with advanced osteoarthritis or knee degeneration. Its high success rates and long-term effectiveness make it the go-to option for those requiring a complete knee joint replacement.
The Revision Knee Arthroplasty segment is likely to be the fastest-growing throughout the forecast period. The aging population will increase the number of people undergoing primary knee replacement surgeries, leading to a greater demand for revision surgeries, caused by implant wear or complications.
By End User
The Hospital segment dominated the market in 2023 with a share of 64.8%. Hospitals possess the infrastructure, medical staff, and post-surgery care facilities that make them the primary destination for knee replacement surgeries. However, the Orthopedic Clinics segment is expected to grow at the fastest rate over the forecast years. This growth is fuelled by an increased preference for outpatient care, shorter hospital stays, and improved techniques of minimally invasive surgery, making orthopedic clinics a more convenient and cost-effective option for knee replacement procedures.
North America was the leading regional market for knee replacement, primarily due to a high prevalence of knee-related disorders, a strong healthcare system, and advanced surgical technologies. The U.S. is the main contributor to this dominance, as the number of knee replacement surgeries is increasing with each passing year, driven by an aging population and increased demand for joint replacements. This region enjoys state-of-the-art medical infrastructure, a large number of people with insurance coverage, and a high number of orthopedic specialists.
The Asia-Pacific region is anticipated to have the highest growth during the forecast period. China, India, and Japan are some of the countries that are witnessing an increase in knee replacement procedures, primarily due to the rapidly aging population, growing obesity levels, and better access to healthcare. The increase in healthcare infrastructure coupled with the rapid progress in medical technology is a major driver to accelerate the growth of knee replacement adoption. A rising middle-class population in China and India increases the disposable incomes of the population and thus demands more elective surgeries.
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Zimmer Biomet (Persona Knee System, NexGen Knee System, Oxford Partial Knee, Gender Solutions Knee System)
Stryker (Triathlon Knee System, Scorpio NRG, K2 Knee System, Durum High Performance Insert)
DePuy Synthes (Johnson & Johnson Services, Inc.) (ATTUNE Knee System, Sigma Knee System, VELYS Robotics System)
Smith & Nephew (JOURNEY II XR Knee, LEGION Knee System, GENESIS II Knee System)
Aesculap, Inc. (B. Braun) (Evolution Total Knee System, Aesculap Knee System)
Medacta International (MyKnee, GMK Sphere, GMK Total Knee System)
MicroPort Scientific Corporation (EVOLIS Knee System, Journey II BCS Knee System)
Conformis (iTotal CR, iUni Partial Knee System)
SurgTech Inc. (Surgical tools and robotics, specific knee implant products not listed)
Corin Group (Persona Partial Knee System)
Recent Developments
In Feb 2025, TORC introduced a cutting-edge robot for knee replacement, marking a significant advancement in medical robotics. With the integration of big data and AI (Artificial Intelligence), this technology is expected to enhance patient outcomes and improve surgical precision, as highlighted by Information Technology and Digital Services Minister Palanivel Thiaga Rajan.
In Jan 2025, AdventHealth Hendersonville earned the Advanced Hip & Knee Replacement Certification from DNV, a global leader in certification and risk management. This certification underscores the hospital's commitment to delivering high-quality orthopedic care, including advanced hip and knee arthroplasty and related services, from diagnosis to surgery and rehabilitation.
| Report Attributes | Details |
|---|---|
|
Market Size in 2023 |
USD 10.61 Billion |
|
Market Size by 2032 |
USD 16.41 Billion |
|
CAGR |
CAGR of 4.98% From 2024 to 2032 |
|
Base Year |
2023 |
|
Forecast Period |
2024-2032 |
|
Historical Data |
2020-2022 |
|
Report Scope & Coverage |
Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
|
Key Segments |
• By Implant Type (Mobile bearing, Fixed bearing, Others) |
|
Regional Analysis/Coverage |
North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
|
Company Profiles |
Zimmer Biomet, Stryker, DePuy Synthes (Johnson & Johnson Services, Inc.), Smith & Nephew, Aesculap, Inc. (B. Braun), Medacta International, MicroPort Scientific Corporation, Conformis, SurgTech Inc., and Corin Group. |
Ans: The Knee Replacement market is projected to grow at a CAGR of 4.98% during the forecast period.
Ans: By 2032, the Knee Replacement market is expected to reach USD 16.41 billion, up from USD 10.61 billion in 2023.
Ans: Key Drivers Shaping the Growth of the Knee Replacement Market are Technology, Aging Populations, and Healthcare Challenges.
Ans: The high cost of surgeries and implants, makes them less accessible to a wider population.
Ans: North America is the dominant region in the Knee Replacement market.
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research & Academic Institutes Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research & Academic Institutes Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Incidence and Prevalence of Knee Osteoarthritis (OA) and Related Conditions (2023)
5.2 Knee Replacement Procedure Trends (2023)
5.3 Prescription Trends of Knee Replacement Products (2023)
5.4 Device Volume, by Region (2020-2032)
5.5 Post-Surgical Rehabilitation Trends (2023)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and Promotional Activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Knee Replacement Market Segmentation, by Implant Type
7.1 Chapter Overview
7.2 Mobile Bearing
7.2.1 Mobile Bearing Market Trends Analysis (2020-2032)
7.2.2 Mobile Bearing Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Fixed Bearing
7.3.1 Fixed Bearing Market Trends Analysis (2020-2032)
7.3.2 Fixed Bearing Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Others
7.4.1 Others Market Trends Analysis (2020-2032)
7.4.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Knee Replacement Market Segmentation, by Procedure
8.1 Chapter Overview
8.2 Partial Knee Arthroplasty
8.2.1 Partial Knee Arthroplasty Market Trends Analysis (2020-2032)
8.2.2 Partial Knee Arthroplasty Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Total Knee Arthroplasty
8.3.1 Total Knee Arthroplasty Market Trends Analysis (2020-2032)
8.3.2 Total Knee Arthroplasty Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Revision Knee Arthroplasty
8.4.1 Revision Knee Arthroplasty Market Trends Analysis (2020-2032)
8.4.2 Revision Knee Arthroplasty Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Knee Replacement Market Segmentation, by End User
9.1 Chapter Overview
9.2 Hospitals
9.2.1 Hospitals Market Trends Analysis (2020-2032)
9.2.2 Hospitals Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Ambulatory Surgical Centers
9.3.1 Ambulatory Surgical Centers Market Trends Analysis (2020-2032)
9.3.2 Ambulatory Surgical Centers Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Orthopedic clinics
9.4.1 Orthopedic Clinics Market Trends Analysis (2020-2032)
9.4.2 Orthopedic Clinics Market Size Estimates and Forecasts to 2032 (USD Billion)
9.5 Others
9.5.1 Others Market Trends Analysis (2020-2032)
9.5.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Knee Replacement Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.2.4 North America Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.2.5 North America Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.2.6.2 USA Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.2.6.3 USA Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.2.7.2 Canada Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.2.7.3 Canada Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.2.8.2 Mexico Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.2.8.3 Mexico Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Knee Replacement Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.1.6.2 Poland Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.1.6.3 Poland Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.1.7.2 Romania Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.1.7.3 Romania Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.1.9 turkey
10.3.1.9.1 Turkey Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Knee Replacement Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.2.4 Western Europe Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.2.5 Western Europe Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.2.6.2 Germany Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.2.6.3 Germany Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.2.7.2 France Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.2.7.3 France Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.2.8.2 UK Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.2.8.3 UK Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.2.9.2 Italy Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.2.9.3 Italy Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.2.10.2 Spain Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.2.10.3 Spain Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.2.13.2 Austria Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.2.13.3 Austria Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Knee Replacement Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.4.4 Asia Pacific Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.4.5 Asia Pacific Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.4.6.2 China Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.4.6.3 China Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.4.7.2 India Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.4.7.3 India Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.4.8.2 Japan Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.4.8.3 Japan Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.4.9.2 South Korea Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.4.9.3 South Korea Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.4.10.2 Vietnam Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.4.10.3 Vietnam Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.4.11.2 Singapore Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.4.11.3 Singapore Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.4.12.2 Australia Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.4.12.3 Australia Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Knee Replacement Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.5.1.4 Middle East Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.5.1.5 Middle East Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.5.1.6.2 UAE Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.5.1.6.3 UAE Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Knee Replacement Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.5.2.4 Africa Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.5.2.5 Africa Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Knee Replacement Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.6.4 Latin America Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.6.5 Latin America Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.6.6.2 Brazil Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.6.6.3 Brazil Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.6.7.2 Argentina Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.6.7.3 Argentina Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.6.8.2 Colombia Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.6.8.3 Colombia Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Knee Replacement Market Estimates and Forecasts, by Implant Type (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Knee Replacement Market Estimates and Forecasts, by Procedure (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Knee Replacement Market Estimates and Forecasts, by End User (2020-2032) (USD Billion)
11. Company Profiles
11.1 Zimmer Biomet
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Product / Services Offered
11.1.4 SWOT Analysis
11.2 Stryker
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Product / Services Offered
11.2.4 SWOT Analysis
11.3 DePuy Synthes (Johnson & Johnson Services, Inc.)
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Product / Services Offered
11.3.4 SWOT Analysis
11.4 Smith & Nephew
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Product / Services Offered
11.4.4 SWOT Analysis
11.5 Aesculap, Inc. (B. Braun)
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Product / Services Offered
11.5.4 SWOT Analysis
11.6 Medacta International
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Product / Services Offered
11.6.4 SWOT Analysis
11.7 MicroPort Scientific Corporation
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Product / Services Offered
11.7.4 SWOT Analysis
11.8 Conformis
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Product / Services Offered
11.8.4 SWOT Analysis
11.9 SurgTech Inc.
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Product / Services Offered
11.9.4 SWOT Analysis
11.10 Corin Group
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Product / Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
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Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
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This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
By Implant Type
Mobile bearing
Fixed bearing
Others
By Procedure
Partial knee arthroplasty
Total knee arthroplasty
Revision knee arthroplasty
By End User
Hospitals
Ambulatory surgical centers
Orthopedic clinics
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
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US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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Product Analysis
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Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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