Market Overview:
The global artificial knee joint components market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of arthritis, rising geriatric population, and technological advancements in artificial knee joint components. Based on type, the global artificial knee joint components market is segmented into femoral end implant, tibia articular surface liner, tibia base, patella implant, and other implants. The femoral end implant segment is expected to account for the largest share of the global artificial knee joint components market in 2018. This segment is also projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030.
Product Definition:
The artificial knee joint components are the parts of an artificial knee joint that replace the natural components of a human knee. The artificial components may be made from various materials, including metal, plastic, and ceramic. The purpose of the artificial components is to provide a replacement for the lost function of a human knee joint.
Femoral End Implant:
The femoral end implant is a device that is used to replace the knee joint. It consists of an artificial meniscus and a stem which can be attached to the bone by means of cement. The stem has two or three parts, depending on the degree of replacement desired by the patient.
Tibia Articular Surface Liner:
The tibia articular surface liner is a silicone-based implant that is surgically implanted into the knee joint. It serves as an interface between the artificial component and the host bone. The surgical procedure of installing this device includes debridement of old lesions from both sides of the tibia, followed by drilling to create a depression in which the implant will be placed.
Application Insights:
The hospitals application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to factors such as a high incidence of knee injuries and diseases that require total knee arthroplasty procedures. Total knee replacement procedures are majorly performed in hospitals due to advantages such as availability of highly skilled surgeons, advanced surgical equipment, dedicated operating rooms and anesthetizing agents. These aforementioned factors are expected to boost product demand from hospitals during the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to rising incidence of osteoarthritis and other joint-related disorders. The region is expected to maintain its dominance over the forecast period due to increasing R&D investments by companies and rise in awareness about artificial replacement devices.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to increase in healthcare expenditure, growing geriatric population, improving infrastructure facilities for orthopedic surgeries, increase in medical tourism especially for knee replacement surgeries and government initiatives regarding quality healthcare services delivery. ‰â€˜‘’s 2009 hit single was a big hit among young generation which has increased demand for Knee Replacement Devices (KDs) leading into artificial knee joint components industry space. In addition, booming medical tourism industry coupled with favorable government policies towards health care spending will boost growth further into future.
Growth Factors:
- Increasing geriatric population: The global geriatric population is increasing at a rapid pace. This is expected to drive the demand for artificial knee joint components as they offer improved mobility and independence to the elderly.
- Rising incidence of arthritis: Arthritis is one of the leading causes of disability worldwide and accounts for a significant proportion of orthopedic surgeries. This is expected to drive the demand for artificial knee joint components in the coming years.
- Technological advancements: The development of new technologies has led to the introduction of advanced artificial knee joint components that offer better performance and durability than traditional implants. This is likely to boost market growth in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Artificial Knee Joint Components Market Research Report
By Type
Femoral End Implant, Tibia Articular Surface Liner, Tibia Base, Patella Implant, Other
By Application
Hospitals, Clinics, Other
By Companies
DePuy International ltd, Chi-Yi Investment Co. Ltd., MicroPort Scientific Corporation, SAMO S.p.A, Medacta Group, Smith & Nephew Orthopaedics AG, Biomet,Inc, Wright Wright Medical Group NV, Lima Corporate, Corin Group, Stryker Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Artificial Knee Joint Components Market Report Segments:
The global Artificial Knee Joint Components market is segmented on the basis of:
Types
Femoral End Implant, Tibia Articular Surface Liner, Tibia Base, Patella Implant, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DePuy International ltd
- Chi-Yi Investment Co. Ltd.
- MicroPort Scientific Corporation
- SAMO S.p.A
- Medacta Group
- Smith & Nephew Orthopaedics AG
- Biomet,Inc
- Wright Wright Medical Group NV
- Lima Corporate
- Corin Group
- Stryker Corporation
Highlights of The Artificial Knee Joint Components Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Femoral End Implant
- Tibia Articular Surface Liner
- Tibia Base
- Patella Implant
- Other
- By Application:
- Hospitals
- Clinics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Artificial Knee Joint Components Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Artificial knee joint components are devices that help replace the natural knee joint. These components can be used to help people who have lost their kneecaps or who have other injuries to their knees.
Some of the major players in the artificial knee joint components market are DePuy International ltd, Chi-Yi Investment Co. Ltd., MicroPort Scientific Corporation, SAMO S.p.A, Medacta Group, Smith & Nephew Orthopaedics AG, Biomet,Inc, Wright Wright Medical Group NV, Lima Corporate, Corin Group, Stryker Corporation.
The artificial knee joint components market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Artificial Knee Joint Components Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Artificial Knee Joint Components Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Artificial Knee Joint Components Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Artificial Knee Joint Components Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Artificial Knee Joint Components Market Size & Forecast, 2018-2028 4.5.1 Artificial Knee Joint Components Market Size and Y-o-Y Growth 4.5.2 Artificial Knee Joint Components Market Absolute $ Opportunity
Chapter 5 Global Artificial Knee Joint Components Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Artificial Knee Joint Components Market Size Forecast by Type
5.2.1 Femoral End Implant
5.2.2 Tibia Articular Surface Liner
5.2.3 Tibia Base
5.2.4 Patella Implant
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Artificial Knee Joint Components Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Artificial Knee Joint Components Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Artificial Knee Joint Components Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Artificial Knee Joint Components Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Artificial Knee Joint Components Analysis and Forecast
9.1 Introduction
9.2 North America Artificial Knee Joint Components Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Artificial Knee Joint Components Market Size Forecast by Type
9.6.1 Femoral End Implant
9.6.2 Tibia Articular Surface Liner
9.6.3 Tibia Base
9.6.4 Patella Implant
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Artificial Knee Joint Components Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Artificial Knee Joint Components Analysis and Forecast
10.1 Introduction
10.2 Europe Artificial Knee Joint Components Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Artificial Knee Joint Components Market Size Forecast by Type
10.6.1 Femoral End Implant
10.6.2 Tibia Articular Surface Liner
10.6.3 Tibia Base
10.6.4 Patella Implant
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Artificial Knee Joint Components Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Artificial Knee Joint Components Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Artificial Knee Joint Components Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Artificial Knee Joint Components Market Size Forecast by Type
11.6.1 Femoral End Implant
11.6.2 Tibia Articular Surface Liner
11.6.3 Tibia Base
11.6.4 Patella Implant
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Artificial Knee Joint Components Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Artificial Knee Joint Components Analysis and Forecast
12.1 Introduction
12.2 Latin America Artificial Knee Joint Components Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Artificial Knee Joint Components Market Size Forecast by Type
12.6.1 Femoral End Implant
12.6.2 Tibia Articular Surface Liner
12.6.3 Tibia Base
12.6.4 Patella Implant
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Artificial Knee Joint Components Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Artificial Knee Joint Components Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Artificial Knee Joint Components Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Artificial Knee Joint Components Market Size Forecast by Type
13.6.1 Femoral End Implant
13.6.2 Tibia Articular Surface Liner
13.6.3 Tibia Base
13.6.4 Patella Implant
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Artificial Knee Joint Components Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Artificial Knee Joint Components Market: Competitive Dashboard
14.2 Global Artificial Knee Joint Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DePuy International ltd
14.3.2 Chi-Yi Investment Co. Ltd.
14.3.3 MicroPort Scientific Corporation
14.3.4 SAMO S.p.A
14.3.5 Medacta Group
14.3.6 Smith & Nephew Orthopaedics AG
14.3.7 Biomet,Inc
14.3.8 Wright Wright Medical Group NV
14.3.9 Lima Corporate
14.3.10 Corin Group
14.3.11 Stryker Corporation