Market Overview:
The global knee coil market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of knee injuries and rising demand for minimally invasive surgeries. Based on type, the global knee coil market is segmented into 8-channel knee coils, 16-channel knee coils, 32-channel knee coils, and other types. The 8-channel kneecoil segment is expected to dominate the market during the forecast period owing to its low cost and high accuracy. Based on application, hospitals are expected to account for a major share of the global kneecoilmarket duringthe forecast period due topopularityof minimally invasive surgeriesand rising demand for advanced medical devices in this sector.
Product Definition:
Knee Coil is a device used to support the knee joint and improve its range of motion. It helps reduce pain and inflammation, and speeds up the healing process. The coil is made of soft material that conforms to the knee contour, providing extra stability and compression. It can be worn during activities such as sports, work or daily life tasks.
8-Channel Knee Coil:
8-channel knee coil is a device that helps in providing relief to back and forth moving joints. It also provides relief from the pain caused by arthritis, osteoarthritis, rheumatoid arthritis and other joint pains. 8-channel knee coils are used for providing electrical stimulation to the painful joint in order to relieve pain.
16-Channel Knee Coil:
The 16-channel knee coil is a device used for providing electrical stimulation to the nervous system. It's basically an implantable medical device that helps in curing various neurological disorders such as depression, anxiety, and epilepsy. The market for these products has been growing rapidly due to their increasing applications in clinical research and the development of new technologies related to deep brain stimulation therapy.
These devices are approved by the U.
Application Insights:
The others segment held the largest share of the global market in 2017. The others segment includes diagnostic centers, imaging facilities and other outpatient surgical centers. These facilities primarily perform knee surgeries such as total knee arthroplasty (TKA), partial knee replacement (PKR) and kneecap replacement (KSR). As a result, these are majorly performed at non-hospital settings which is expected to drive demand over the forecast period.
The hospitals segment is anticipated to witness lucrative growth over the forecast period owing to rising awareness about available treatment options for patients with severe arthritis pain who have failed conventional therapies or cannot undergo surgery due to medical conditions such as obesity or diabetes mellitus type 2 that require diet & exercise modifications before undergoing any surgical procedure. In addition, increasing government funding for hospitalization of high-risk patients suffering from life-threatening diseases related to osteoarthritis will boost industry growth further during this study period.
Regional Analysis:
North America dominated the global knee coil market in 2017. The presence of well-established healthcare infrastructure and high adoption rate of advanced medical devices are some factors responsible for its large share. In addition, increasing government funding for R&D activities is also expected to drive the regional market over the forecast period. For instance, according to a study published by National Institute of Health (NIH), in 2015, “Knee Replacement†received USD X million from NIH’s Rehabilitation Engineering Research Center (RERC).
Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to rising disposable income and growing target population base with high prevalence of osteoarthritis that requires knee replacement surgeries.
Growth Factors:
- Increasing incidence of knee injuries and disorders
- Growing awareness about the benefits of knee coils
- Rising demand for minimally invasive surgeries
- Technological advancements in knee coil products and procedures
- Growing number of elderly population
Scope Of The Report
Report Attributes
Report Details
Report Title
Knee Coil Market Research Report
By Type
8-Channel Knee Coil, 16-Channel Knee Coil, 32-Channel Knee Coil, Other
By Application
Hospitals, Clinics, Others
By Companies
Siemens Healthineers, GE, Hitachi, Philips, Canon Medical Systems, Esaote, Shenzhen Jinshi Medical
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Knee Coil Market Report Segments:
The global Knee Coil market is segmented on the basis of:
Types
8-Channel Knee Coil, 16-Channel Knee Coil, 32-Channel Knee Coil, 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, Others
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:
- Siemens Healthineers
- GE
- Hitachi
- Philips
- Canon Medical Systems
- Esaote
- Shenzhen Jinshi Medical
Highlights of The Knee Coil 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:
- 8-Channel Knee Coil
- 16-Channel Knee Coil
- 32-Channel Knee Coil
- Other
- By Application:
- Hospitals
- Clinics
- Others
- 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 Knee Coil 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A knee coil is a device that helps to relieve pain in the knees. It is a type of compression garment that fits around the knee and applies pressure to the kneecap.
Some of the major players in the knee coil market are Siemens Healthineers, GE, Hitachi, Philips, Canon Medical Systems, Esaote, Shenzhen Jinshi Medical.
The knee coil 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 Knee Coil 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 Knee Coil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Knee Coil 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 Knee Coil 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 Knee Coil Market Size & Forecast, 2018-2028
4.5.1 Knee Coil Market Size and Y-o-Y Growth
4.5.2 Knee Coil Market Absolute $ Opportunity
Chapter 5 Global Knee Coil 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 Knee Coil Market Size Forecast by Type
5.2.1 8-Channel Knee Coil
5.2.2 16-Channel Knee Coil
5.2.3 32-Channel Knee Coil
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Knee Coil 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 Knee Coil Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Knee Coil 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 Knee Coil 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 Knee Coil Analysis and Forecast
9.1 Introduction
9.2 North America Knee Coil 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 Knee Coil Market Size Forecast by Type
9.6.1 8-Channel Knee Coil
9.6.2 16-Channel Knee Coil
9.6.3 32-Channel Knee Coil
9.6.4 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 Knee Coil Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Others
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 Knee Coil Analysis and Forecast
10.1 Introduction
10.2 Europe Knee Coil 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 Knee Coil Market Size Forecast by Type
10.6.1 8-Channel Knee Coil
10.6.2 16-Channel Knee Coil
10.6.3 32-Channel Knee Coil
10.6.4 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 Knee Coil Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Others
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 Knee Coil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Knee Coil 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 Knee Coil Market Size Forecast by Type
11.6.1 8-Channel Knee Coil
11.6.2 16-Channel Knee Coil
11.6.3 32-Channel Knee Coil
11.6.4 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 Knee Coil Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Others
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 Knee Coil Analysis and Forecast
12.1 Introduction
12.2 Latin America Knee Coil 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 Knee Coil Market Size Forecast by Type
12.6.1 8-Channel Knee Coil
12.6.2 16-Channel Knee Coil
12.6.3 32-Channel Knee Coil
12.6.4 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 Knee Coil Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Others
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) Knee Coil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Knee Coil 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) Knee Coil Market Size Forecast by Type
13.6.1 8-Channel Knee Coil
13.6.2 16-Channel Knee Coil
13.6.3 32-Channel Knee Coil
13.6.4 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) Knee Coil Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Others
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 Knee Coil Market: Competitive Dashboard
14.2 Global Knee Coil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens Healthineers
14.3.2 GE
14.3.3 Hitachi
14.3.4 Philips
14.3.5 Canon Medical Systems
14.3.6 Esaote
14.3.7 Shenzhen Jinshi Medical
