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Medical Devices & Consumables Global Knee Replacement Devices Market Report 2018-2029

  • RnM3877089
    • |
  • 22 August, 2023
    • |
  • Global
    • |
  • 137 Pages
    • |
  • HJResearch
    • |
  • Medical Devices & Consumables

The Knee Replacement Devices industry plays a critical role in providing medical devices and implants specifically designed for the treatment of knee joint conditions and injuries. In this article, we will explore the definition of Knee Replacement Devices, their applications, the current status of the industry, and its future prospects.

Knee Replacement Devices refer to a range of medical devices, implants, and instruments used in surgical procedures to replace damaged or diseased knee joints. These devices are designed to alleviate pain, restore joint function, and improve the quality of life for individuals suffering from knee joint conditions such as osteoarthritis, rheumatoid arthritis, post-traumatic arthritis, and other degenerative joint diseases.

Knee Replacement Devices are primarily used in hospitals and ambulatory surgery centers (ASCs). Hospitals serve as the main setting for knee replacement surgeries, offering specialized facilities and expertise in orthopedic procedures. ASCs have gained popularity due to their cost-effectiveness, convenience, and shorter hospital stays, making them a preferred choice for certain knee replacement surgeries.

The global market size for Knee Replacement Devices is projected to reach US$8932 million by 2022, exhibiting a compound annual growth rate (CAGR) of 3.4%. This growth forecast is driven by several factors, including the rising prevalence of knee joint disorders, the increasing aging population, advancements in implant technology, and the growing demand for knee replacement surgeries.

Leading global manufacturers in the Knee Replacement Devices industry include Zimmer Biomet, DePuy Synthes, Stryker, Smith & Nephew, Exactech, ConforMis, Aesculap Implant Systems, Arthrex, Arthrosurface, Baumer, Corentec, Corin, Elite Surgical, Evolutis, EUROS, FH Orthopedics, Lima Corporate, Medacta, Marle, MicroPort Scientific Corporation, Ortosintese, Ortho Development, Peter Brehm, Surgival, and X.NOV. These manufacturers are known for their expertise, innovation, and extensive product portfolios tailored to the unique needs of knee replacement surgery.

The industry's current status is characterized by a growing demand for Knee Replacement Devices. The increasing prevalence of knee joint disorders, coupled with the aging population worldwide, contributes to the market's expansion. Additionally, advancements in implant technology have led to the development of more durable and patient-specific knee replacement devices, improving surgical outcomes and patient satisfaction. Manufacturers continue to invest in research and development to meet the evolving needs of patients and surgeons.

Looking ahead, the prospects for the Knee Replacement Devices industry are promising. With a projected market size of US$8932 million by 2022 and a compound annual growth rate (CAGR) of 3.4%, the industry demonstrates steady growth potential. Factors such as the aging population, rising prevalence of knee joint disorders, and technological advancements in knee replacement procedures will drive the market's expansion.

However, certain challenges need to be addressed for sustained growth. These include the need for cost-effective solutions, reducing implant-related complications, addressing regulatory and reimbursement issues, and improving access to knee replacement surgeries in developing regions. Collaboration between manufacturers, healthcare providers, and regulatory bodies will be crucial in overcoming these challenges and ensuring the safe and effective use of Knee Replacement Devices.

In conclusion, the Knee Replacement Devices industry plays a vital role in addressing knee joint conditions and improving the quality of life for individuals suffering from knee joint disorders. With a projected market size of US$8932 million by 2022 and a compound annual growth rate (CAGR) of 3.4%, the industry demonstrates steady growth potential. Major global manufacturers lead the market with their innovative product offerings. The future prospects for the industry are promising, driven by factors such as the increasing aging population, rising prevalence of knee joint disorders, and advancements in implant technology. Addressing cost-effectiveness, regulatory compliance, and patient access will be key factors in maximizing the benefits of Knee Replacement Devices and ensuring sustained industry growth.

The SWOT analysis of the Knee Replacement Devices industry is as follows:

Strengths:
Growing Demand: The increasing prevalence of knee joint disorders and the aging population contribute to the growing demand for knee replacement devices.
Technological Advancements: Continuous advancements in implant technology, such as patient-specific implants and minimally invasive surgical techniques, enhance surgical outcomes and patient satisfaction.
Established Manufacturers: The presence of well-established global manufacturers with extensive product portfolios and expertise strengthens the industry's foundation.
Medical Expertise: The availability of specialized healthcare professionals, including orthopedic surgeons and medical staff trained in knee replacement procedures, supports the industry's growth.

Weaknesses:
Cost: The high cost associated with knee replacement procedures and devices may limit access for some patients or healthcare systems, particularly in developing regions.
Implant-Related Complications: While significant progress has been made in improving implant durability, complications related to infection, loosening, or wear and tear remain a concern that requires ongoing attention.
Regulatory Challenges: Compliance with stringent regulatory requirements and obtaining approvals for new devices can be time-consuming and costly for manufacturers, potentially hindering innovation.
Limited Access: Unequal access to knee replacement surgeries and devices in certain regions or underserved populations may result in disparities in patient outcomes and treatment options.

Opportunities:
Emerging Markets: The untapped potential in emerging markets presents an opportunity for manufacturers to expand their reach and cater to the growing demand for knee replacement devices in those regions.
Aging Population: The increasing aging population globally will continue to drive the demand for knee replacement procedures, offering long-term growth opportunities.
Technological Innovations: Continued investments in research and development can lead to advancements in implant technology, further improving patient outcomes and expanding the market.
Collaboration and Partnerships: Collaborations between manufacturers, healthcare providers, and regulatory bodies can help address challenges, improve access, and establish standards for quality and safety.

Threats:
Competitive Landscape: The industry faces intense competition among manufacturers, both globally and regionally, requiring companies to differentiate themselves through innovation, quality, and cost-effectiveness.
Economic Factors: Economic downturns and fluctuations in healthcare spending can impact the affordability and accessibility of knee replacement procedures and devices.
Regulatory Environment: Changes in regulatory policies, compliance requirements, or delays in approvals can create uncertainty and affect product development timelines and market access.
Alternative Treatments: Non-surgical alternatives, such as physical therapy, medication, or other medical interventions, may pose a threat to the growth of knee replacement procedures and devices if they prove effective in managing knee joint disorders.

Key players in global Knee Replacement Devices market include:
Zimmer Biomet
DePuy Synthes
Stryker
Smith & Nephew
Exactech
ConforMis
Aesculap Implant Systems
Arthrex
Arthrosurface
Baumer
Corentec
Corin
Elite Surgical
Evolutis
EUROS
FH Orthopedics
Lima Corporate
Medacta
Marle
MicroPort Scientific Corporation
Ortosintese
Ortho Development
Peter Brehm
Surgival
X.NOV

Market segmentation, by product types:
Primary knee replacement
Partial knee replacement
Revision knee replacement

Market segmentation, by applications:
Hospitals
ASCs


1 Industry Overview of Knee Replacement Devices

  • 1.1 Research Scope
  • 1.2 Market Segmentation by Types of Knee Replacement Devices
  • 1.3 Market Segmentation by End Users of Knee Replacement Devices
  • 1.4 Market Dynamics Analysis of Knee Replacement Devices
    • 1.4.1 Market Drivers
    • 1.4.2 Market Challenges
    • 1.4.3 Market Opportunities
    • 1.4.4 Porter’s Five Forces

2 Major Manufacturers Analysis of Knee Replacement Devices Industry

  • 2.1 Zimmer Biomet
    • 2.1.1 Company Overview
    • 2.1.2 Main Products and Specifications
    • 2.1.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.1.4 Contact Information
  • 2.2 DePuy Synthes
    • 2.2.1 Company Overview
    • 2.2.2 Main Products and Specifications
    • 2.2.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.2.4 Contact Information
  • 2.3 Stryker
    • 2.3.1 Company Overview
    • 2.3.2 Main Products and Specifications
    • 2.3.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.3.4 Contact Information
  • 2.4 Smith & Nephew
    • 2.4.1 Company Overview
    • 2.4.2 Main Products and Specifications
    • 2.4.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.4.4 Contact Information
  • 2.5 Exactech
    • 2.5.1 Company Overview
    • 2.5.2 Main Products and Specifications
    • 2.5.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.5.4 Contact Information
  • 2.6 ConforMis
    • 2.6.1 Company Overview
    • 2.6.2 Main Products and Specifications
    • 2.6.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.6.4 Contact Information
  • 2.7 Aesculap Implant Systems
    • 2.7.1 Company Overview
    • 2.7.2 Main Products and Specifications
    • 2.7.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.7.4 Contact Information
  • 2.8 Arthrex
    • 2.8.1 Company Overview
    • 2.8.2 Main Products and Specifications
    • 2.8.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.8.4 Contact Information
  • 2.9 Arthrosurface
    • 2.9.1 Company Overview
    • 2.9.2 Main Products and Specifications
    • 2.9.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.9.4 Contact Information
  • 2.10 Baumer
    • 2.10.1 Company Overview
    • 2.10.2 Main Products and Specifications
    • 2.10.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.10.4 Contact Information
  • 2.11 Corentec
    • 2.11.1 Company Overview
    • 2.11.2 Main Products and Specifications
    • 2.11.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.11.4 Contact Information
  • 2.12 Corin
    • 2.12.1 Company Overview
    • 2.12.2 Main Products and Specifications
    • 2.12.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.12.4 Contact Information
  • 2.13 Elite Surgical
    • 2.13.1 Company Overview
    • 2.13.2 Main Products and Specifications
    • 2.13.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.13.4 Contact Information
  • 2.14 Evolutis
    • 2.14.1 Company Overview
    • 2.14.2 Main Products and Specifications
    • 2.14.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.14.4 Contact Information
  • 2.15 EUROS
    • 2.15.1 Company Overview
    • 2.15.2 Main Products and Specifications
    • 2.15.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.15.4 Contact Information
  • 2.16 FH Orthopedics
    • 2.16.1 Company Overview
    • 2.16.2 Main Products and Specifications
    • 2.16.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.16.4 Contact Information
  • 2.17 Lima Corporate
    • 2.17.1 Company Overview
    • 2.17.2 Main Products and Specifications
    • 2.17.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.17.4 Contact Information
  • 2.18 Medacta
    • 2.18.1 Company Overview
    • 2.18.2 Main Products and Specifications
    • 2.18.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.18.4 Contact Information
  • 2.19 Marle
    • 2.19.1 Company Overview
    • 2.19.2 Main Products and Specifications
    • 2.19.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.19.4 Contact Information
  • 2.20 MicroPort Scientific Corporation
    • 2.20.1 Company Overview
    • 2.20.2 Main Products and Specifications
    • 2.20.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.20.4 Contact Information
  • 2.21 Ortosintese
    • 2.21.1 Company Overview
    • 2.21.2 Main Products and Specifications
    • 2.21.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.21.4 Contact Information
  • 2.22 Ortho Development
    • 2.22.1 Company Overview
    • 2.22.2 Main Products and Specifications
    • 2.22.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.22.4 Contact Information
  • 2.23 Peter Brehm
    • 2.23.1 Company Overview
    • 2.23.2 Main Products and Specifications
    • 2.23.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.23.4 Contact Information
  • 2.24 Surgival
    • 2.24.1 Company Overview
    • 2.24.2 Main Products and Specifications
    • 2.24.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.24.4 Contact Information
  • 2.25 X.NOV
    • 2.25.1 Company Overview
    • 2.25.2 Main Products and Specifications
    • 2.25.3 Knee Replacement Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
    • 2.25.4 Contact Information

3 Global Knee Replacement Devices Market Analysis by Regions, Manufacturers, Types and End Users

  • 3.1 Global Sales Volume and Revenue of Knee Replacement Devices by Regions (2018-2023)
  • 3.2 Global Sales Volume and Revenue of Knee Replacement Devices by Manufacturers (2018-2023)
  • 3.3 Global Sales Volume and Revenue of Knee Replacement Devices by Types (2018-2023)
  • 3.4 Global Sales Volume and Revenue of Knee Replacement Devices by End Users (2018-2023)
  • 3.5 Selling Price Analysis of Knee Replacement Devices by Regions, Manufacturers, Types and End Users in (2018-2023)

4 Northern America Knee Replacement Devices Market Analysis by Countries, Types and End Users

  • 4.1 Northern America Knee Replacement Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 4.2 Northern America Knee Replacement Devices Sales Volume and Revenue Analysis by Types (2018-2023)
  • 4.3 Northern America Knee Replacement Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 4.4 United States Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 4.5 Canada Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)

5 Europe Knee Replacement Devices Market Analysis by Countries, Types and End Users

  • 5.1 Europe Knee Replacement Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 5.2 Europe Knee Replacement Devices Sales Volume and Revenue Analysis by Types (2018-2023)
  • 5.3 Europe Knee Replacement Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 5.4 Germany Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.5 France Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.6 UK Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.7 Italy Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.8 Russia Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.9 Spain Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 5.10 Netherlands Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)

6 Asia Pacific Knee Replacement Devices Market Analysis by Countries, Types and End Users

  • 6.1 Asia Pacific Knee Replacement Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 6.2 Asia Pacific Knee Replacement Devices Sales Volume and Revenue Analysis by Types (2018-2023)
  • 6.3 Asia Pacific Knee Replacement Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 6.4 China Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.5 Japan Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.6 Korea Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.7 India Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.8 Australia Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.9 Indonesia Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 6.10 Vietnam Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)

7 Latin America Knee Replacement Devices Market Analysis by Countries, Types and End Users

  • 7.1 Latin America Knee Replacement Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 7.2 Latin America Knee Replacement Devices Sales Volume and Revenue Analysis by Types (2018-2023)
  • 7.3 Latin America Knee Replacement Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 7.4 Brazil Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 7.5 Mexico Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 7.6 Argentina Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 7.7 Colombia Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)

8 Middle East & Africa Knee Replacement Devices Market Analysis by Countries, Types and End Users

  • 8.1 Middle East & Africa Knee Replacement Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
  • 8.2 Middle East & Africa Knee Replacement Devices Sales Volume and Revenue Analysis by Types (2018-2023)
  • 8.3 Middle East & Africa Knee Replacement Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
  • 8.4 Turkey Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 8.5 Saudi Arabia Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 8.6 South Africa Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
  • 8.7 Egypt Knee Replacement Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)

9 Marketing Channel, Distributors and Traders Analysis

  • 9.1 Marketing Channel
    • 9.1.1 Direct Channel
    • 9.1.2 Indirect Channel
  • 9.2 Distributors and Traders

10 Global Knee Replacement Devices Market Forecast by Regions, Countries, Manufacturers, Types and End Users

  • 10.1 Global Sales Volume and Revenue Forecast of Knee Replacement Devices by Regions (2024-2029)
  • 10.2 Global Sales Volume and Revenue Forecast of Knee Replacement Devices by Types (2024-2029)
  • 10.3 Global Sales Volume and Revenue Forecast of Knee Replacement Devices by End Users (2024-2029)
  • 10.4 Global Revenue Forecast of Knee Replacement Devices by Countries (2024-2029)
    • 10.4.1 United States Revenue Forecast (2024-2029)
    • 10.4.2 Canada Revenue Forecast (2024-2029)
    • 10.4.3 Germany Revenue Forecast (2024-2029)
    • 10.4.4 France Revenue Forecast (2024-2029)
    • 10.4.5 UK Revenue Forecast (2024-2029)
    • 10.4.6 Italy Revenue Forecast (2024-2029)
    • 10.4.7 Russia Revenue Forecast (2024-2029)
    • 10.4.8 Spain Revenue Forecast (2024-2029)
    • 10.4.9 Netherlands Revenue Forecast (2024-2029)
    • 10.4.10 China Revenue Forecast (2024-2029)
    • 10.4.11 Japan Revenue Forecast (2024-2029)
    • 10.4.12 Korea Revenue Forecast (2024-2029)
    • 10.4.13 India Revenue Forecast (2024-2029)
    • 10.4.14 Australia Revenue Forecast (2024-2029)
    • 10.4.15 Indonesia Revenue Forecast (2024-2029)
    • 10.4.16 Vietnam Revenue Forecast (2024-2029)
    • 10.4.17 Brazil Revenue Forecast (2024-2029)
    • 10.4.18 Mexico Revenue Forecast (2024-2029)
    • 10.4.19 Argentina Revenue Forecast (2024-2029)
    • 10.4.20 Colombia Revenue Forecast (2024-2029)
    • 10.4.21 Turkey Revenue Forecast (2024-2029)
    • 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
    • 10.4.23 South Africa Revenue Forecast (2024-2029)
    • 10.4.24 Egypt Revenue Forecast (2024-2029)

11 Industry Chain Analysis of Knee Replacement Devices

  • 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Knee Replacement Devices
    • 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Knee Replacement Devices
    • 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Knee Replacement Devices
  • 11.2 Downstream Major Consumers Analysis of Knee Replacement Devices
  • 11.3 Major Suppliers of Knee Replacement Devices with Contact Information
  • 11.4 Supply Chain Relationship Analysis of Knee Replacement Devices

12 Knee Replacement Devices New Project Investment Feasibility Analysis

  • 12.1 Knee Replacement Devices New Project SWOT Analysis
  • 12.2 Knee Replacement Devices New Project Investment Feasibility Analysis
    • 12.2.1 Project Name
    • 12.2.2 Investment Budget
    • 12.2.3 Project Product Solutions
    • 12.2.4 Project Schedule

13 Knee Replacement Devices Research Findings and Conclusion

    14 Appendix

    • 14.1 Research Methodology
    • 14.2 References and Data Sources
      • 14.2.1 Primary Sources
      • 14.2.2 Secondary Paid Sources
      • 14.2.3 Secondary Public Sources
    • 14.3 Abbreviations and Units of Measurement
    • 14.4 Author Details

    Summary:
    Get latest Market Research Reports on Knee Replacement Devices. Industry analysis & Market Report on Knee Replacement Devices is a syndicated market report, published as Global Knee Replacement Devices Market Report 2018-2029. It is complete Research Study and Industry Analysis of Knee Replacement Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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