Total Knee Arthroplasty Market, by Device Type (Three-compartmental Knee Implants, Bi-compartmental Knee Implants, and Uni-compartmental Knee Implants), by Procedure (Primary Knee Replacement, Revision Knee Replacement, and Partial Knee Replacement), by I

Total Knee Arthroplasty Market, by Device Type (Three-compartmental Knee Implants, Bi-compartmental Knee Implants, and Uni-compartmental Knee Implants), by Procedure (Primary Knee Replacement, Revision Knee Replacement, and Partial Knee Replacement), by Implant Type (Fixed-bearing Implants, Mobile-bearing Implants, and Medial Pivot Implants), by Material (Metal-on-Plastic, Ceramic-on-Ceramic, and Metal-on-Metal), by End User (Hospital, Orthopedic Clinics, and Ambulatory Surgery Centers), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

The first knee replacement surgery was performed in 1968 and since then it has become a very common procedure in treatment of severe knee joint ailments. For instance, according to data provided by the Agency for Healthcare Research and Quality, over 754,000 total knee replacements were performed in the U.S. in 2017. Total knee arthroplasty, also known as total knee replacement involves replacement of tibial surface and ball shaped femoral condyles of the knee joint with cross-linked polyethylene plastic and metal implant. Total knee arthroplasty is a common orthopedic surgery used to reduce osteoarthritis related pain and also increase function of knee joint to help patients in resuming their normal life. Rapid research in the field of osteology has led to improvements in surgical materials and techniques. Moreover, according to an article published by NCBI (National Center for Biotechnology Information) in July 2021, total knee arthroplasty is one of the most successful and cost effective procedure surgery in orthopedics.

Market Dynamics

The increasing adoption of innovative surgical techniques is expected to increase in the number of patients undergoing knee replacement surgeries. This may spur growth of the global total knee arthroplasty market over the forecast period. For instance, in 2019, Netcare Linksfield Hospital in Johannesburg, South Africa, announced that the hospital used Mako robotic arm assisted surgery system to carry out total knee replacement surgery. During the operation, the robotic arm system provides detailed visual, auditory and tactile feedback to the surgeon. This helps to enhance surgical precision in positioning and aligning the knee implants.

Market players are focusing on launch of products, which is expected to strengthen their position in the global total knee arthroplasty market. For instance, in 2018, DePuy Synthes, a subsidiary of Johnson and Johnson, launched ATTUNE Revision Knee System in Middle East region. This product provides a comprehensive solution to the surgeons for conducting knee replacements. Moreover, on March 16, 2021, MicroPort Orthopaedics, a manufacturer of hip and knee replacements, launched Kinematic Alignment (KA) approach for the Evolution Medial-Pivot Knee System. The Kinematic approach will allow surgeons to replicate the patient pre-disease knee joint. The surgeons can make bone cuts depending upon the patient pre-disease bone, with the help of specialized instrumentation.

Market players are involved in expanding their presence globally, by entering into acquisition with other companies in order to enhance distribution, this is expected to drive the growth of the global total knee arthroplasty market. For instance, in August 2018, Corin Group, a global orthopaedic technology company, announced the acquisition of Global Orthopaedic Technology, an Australia-based orthopaedic implant designer and manufacturer.

Key features of the study:
This report provides an in-depth analysis of global total knee arthroplasty market, provides market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global total knee arthroplasty market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Depuy Synthes (Johnson & Johnson), Zimmer Biomet Holdings, Inc., MicroPort Scientific Corporation, Conformis Inc., Corin Group, Exactech Inc., DJO LLC. (Colfax Corporation), Medacta International, Smith & Nephew plc, Stryker Corporation, Baumer SA, SurgTech Inc., and Meril Life Sciences Pvt. Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global total knee arthroplasty market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global total knee arthroplasty market
Detailed Segmentation:
Global Total Knee Arthroplasty Market, By Device Type:
Three-compartmental Knee Implants
Bi-compartmental Knee Implants
Uni-compartmental Knee Implants
Global Total Knee Arthroplasty Market, By Procedure:
Primary Knee Replacement
Revision Knee Replacement
Partial Knee Replacement
Global Total Knee Arthroplasty Market, By Implant Type:
Fixed-bearing Implants
Mobile-bearing Implants
Medial Pivot Implants
Global Total Knee Arthroplasty Market, By Material:
Metal-on-Plastic
Ceramic-on-Ceramic
Metal-on-Metal
Global Total Knee Arthroplasty Market, By End User:
Hospital
Orthopedic Clinics
Ambulatory Surgery Centers
Global Total Knee Arthroplasty Market, By Region:
North America
By Device Type:
Three-compartmental Knee Implants
Bi-compartmental Knee Implants
Uni-compartmental Knee Implants
By Procedure:
Primary Knee Replacement
Revision Knee Replacement
Partial Knee Replacement
By Implant Type:
Fixed-bearing Implants
Mobile-bearing Implants
Medial Pivot Implants
By Material:
Metal-on-Plastic
Ceramic-on-Ceramic
Metal-on-Metal
By End User:
Hospital
Orthopedic Clinics
Ambulatory Surgery Centers
By Country:
U.S.
Canada
Latin America
By Device Type:
Three-compartmental Knee Implants
Bi-compartmental Knee Implants
Uni-compartmental Knee Implants
By Procedure:
Primary Knee Replacement
Revision Knee Replacement
Partial Knee Replacement
By Implant Type:
Fixed-bearing Implants
Mobile-bearing Implants
Medial Pivot Implants
By Material:
Metal-on-Plastic
Ceramic-on-Ceramic
Metal-on-Metal
By End User:
Hospital
Orthopedic Clinics
Ambulatory Surgery Centers
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Device Type:
Three-compartmental Knee Implants
Bi-compartmental Knee Implants
Uni-compartmental Knee Implants
By Procedure:
Primary Knee Replacement
Revision Knee Replacement
Partial Knee Replacement
By Implant Type:
Fixed-bearing Implants
Mobile-bearing Implants
Medial Pivot Implants
By Material:
Metal-on-Plastic
Ceramic-on-Ceramic
Metal-on-Metal
By End User:
Hospital
Orthopedic Clinics
Ambulatory Surgery Centers
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
Asia Pacific
By Device Type:
Three-compartmental Knee Implants
Bi-compartmental Knee Implants
Uni-compartmental Knee Implants
By Procedure:
Primary Knee Replacement
Revision Knee Replacement
Partial Knee Replacement
By Implant Type:
Fixed-bearing Implants
Mobile-bearing Implants
Medial Pivot Implants
By Material:
Metal-on-Plastic
Ceramic-on-Ceramic
Metal-on-Metal
By End User:
Hospital
Orthopedic Clinics
Ambulatory Surgery Centers
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Device Type:
Three-compartmental Knee Implants
Bi-compartmental Knee Implants
Uni-compartmental Knee Implants
By Procedure:
Primary Knee Replacement
Revision Knee Replacement
Partial Knee Replacement
By Implant Type:
Fixed-bearing Implants
Mobile-bearing Implants
Medial Pivot Implants
By Material:
Metal-on-Plastic
Ceramic-on-Ceramic
Metal-on-Metal
By End User:
Hospital
Orthopedic Clinics
Ambulatory Surgery Centers
By Country:
GCC
Israel
Rest of Middle East
Africa
By Device Type:
Three-compartmental Knee Implants
Bi-compartmental Knee Implants
Uni-compartmental Knee Implants
By Procedure:
Primary Knee Replacement
Revision Knee Replacement
Partial Knee Replacement
By Implant Type:
Fixed-bearing Implants
Mobile-bearing Implants
Medial Pivot Implants
By Material:
Metal-on-Plastic
Ceramic-on-Ceramic
Metal-on-Metal
By End User:
Hospital
Orthopedic Clinics
Ambulatory Surgery Centers
By Country/Region:
South Africa
Central Africa
North Africa
Company Profiles
Depuy Synthes (Johnson & Johnson)*
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
Zimmer Biomet Holdings, Inc.
MicroPort Scientific Corporation
Conformis Inc.
Corin Group
Exactech Inc.
DJO LLC. (Colfax Corporation)
Medacta International
Smith & Nephew plc
Stryker Corporation
Baumer SA
SurgTech Inc.
Meril Life Sciences Pvt. Ltd.
“*” marked represents similar segmentation in other categories in the respective section.