Market Overview:
The global knee prosthesis 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 arthritis, technological advancements in knee prostheses, and rising awareness about advanced knee prostheses. The bone cement fixation prosthesis segment is expected to dominate the global knee prosthesis market during the forecast period. This segment is expected to grow at a CAGR of 5.8% from 2018 to 2030 due to its high adoption rate among patients suffering from arthritis and other joint diseases.
Product Definition:
A knee prosthesis is an artificial replacement for the knee joint. It is used to improve mobility and relieve pain in people with arthritis, injury or disease of the knee.
Bone Cement Fixation Prosthesis:
Bone cement fixation prosthesis is a device used to replace the knee joint. It's an artificial replacement made up of medical-grade polymers and metal which can be surgically implanted into the femur bone (thighbone). The primary function of this implant is to provide stability and support to the knee by replacing damaged cartilage or bone.
The global market for bone cement fixation prosthesis was valued at USD 1,B0 million in 2015.
Biological Fixation Prosthesis:
Biological fixation prosthesis is a knee joint replacement device that consists of an artificial meniscus and two or three pieces of bone. The biological fixator provides stability to the knee by locking it into position. It works like a natural ligament in the body, providing stability and support to the damaged area.
The product was first approved by the U.
Application Insights:
The knee prosthesis market by application is segmented into hospital, clinic and others. The other applications include trauma & orthopedics clinics, home healthcare and surgical centers. The hospital segment dominated the global knee prosthesis market in 2017 due to a large number of total knee replacement procedures being performed in hospitals each year. According to the National Joint Replacement Prosthetics Association (NJRPA), an estimated 1,176,080 total joint replacement procedures were performed in U.S from 2010 to 2015 which was a rise of around 15% from previous years¢â‚¬â„¢ estimates for 2005-2009 period.
Regional Analysis:
North America dominated the global knee prosthesis market in 2017. This can be attributed to favorable reimbursement policies, increasing prevalence of osteoarthritis, rising awareness about advanced technologies and availability of highly skilled physicians in this region. In addition, high demand for replacement surgeries is also expected to drive growth during the forecast period. Asia Pacific is expected to witness lucrative growth over the next eight years owing to improving economic conditions and growing population especially in China & India as well as other developing countries such as Indonesia & Philippines among others will boost industry expansion further.
In 2016, North America accounted for a revenue share of around 35% while Latin America held a significant share at around 25%.
Growth Factors:
- Technological advancements in knee prosthesis design and manufacturing process
- Increasing incidence of arthritis and other knee disorders
- Rising awareness about the benefits of knee prosthesis surgery
- Growing number of geriatric population susceptible to arthritis and other knee disorders
- Increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Knee Prosthesis Market Research Report
By Type
Bone Cement Fixation Prosthesis, Biological Fixation Prosthesis
By Application
Hosiptal, Clinic, Other
By Companies
Zimmer Biomet, CeramTec Group, ChunLi, AK Medical, Double Medical, Kinetic, Stryker, Smith & Nephew, Wego Group, Johnson & Johnson(Depuy), LINK Bio Corp, Exactech, Double 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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Knee Prosthesis Market Report Segments:
The global Knee Prosthesis market is segmented on the basis of:
Types
Bone Cement Fixation Prosthesis, Biological Fixation Prosthesis
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
Hosiptal, Clinic, 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:
- Zimmer Biomet
- CeramTec Group
- ChunLi
- AK Medical
- Double Medical
- Kinetic
- Stryker
- Smith & Nephew
- Wego Group
- Johnson & Johnson(Depuy)
- LINK Bio Corp
- Exactech
- Double Medical
Highlights of The Knee Prosthesis 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:
- Bone Cement Fixation Prosthesis
- Biological Fixation Prosthesis
- By Application:
- Hosiptal
- Clinic
- 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 Knee Prosthesis 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 prosthesis is a device that replaces the function of a damaged or missing knee joint. Knee prostheses can be made from different materials, including metal, plastic, and silicone. They come in different sizes and shapes to fit various people's legs.
Some of the major players in the knee prosthesis market are Zimmer Biomet, CeramTec Group, ChunLi, AK Medical, Double Medical, Kinetic, Stryker, Smith & Nephew, Wego Group, Johnson & Johnson(Depuy), LINK Bio Corp, Exactech, Double Medical.
The knee prosthesis market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Knee Prosthesis Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Knee Prosthesis Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Knee Prosthesis Market - Supply Chain
4.5. Global Knee Prosthesis Market Forecast
4.5.1. Knee Prosthesis Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Knee Prosthesis Market Size (000 Units) and Y-o-Y Growth
4.5.3. Knee Prosthesis Market Absolute $ Opportunity
5. Global Knee Prosthesis Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Knee Prosthesis Market Size and Volume Forecast by Type
5.3.1. Bone Cement Fixation Prosthesis
5.3.2. Biological Fixation Prosthesis
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Knee Prosthesis Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Knee Prosthesis Market Size and Volume Forecast by Application
6.3.1. Hosiptal
6.3.2. Clinic
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Knee Prosthesis Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Knee Prosthesis Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Knee Prosthesis Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Knee Prosthesis Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Knee Prosthesis Demand Share Forecast, 2019-2026
9. North America Knee Prosthesis Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Knee Prosthesis Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Knee Prosthesis Market Size and Volume Forecast by Application
9.4.1. Hosiptal
9.4.2. Clinic
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Knee Prosthesis Market Size and Volume Forecast by Type
9.7.1. Bone Cement Fixation Prosthesis
9.7.2. Biological Fixation Prosthesis
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Knee Prosthesis Demand Share Forecast, 2019-2026
10. Latin America Knee Prosthesis Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Knee Prosthesis Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Knee Prosthesis Market Size and Volume Forecast by Application
10.4.1. Hosiptal
10.4.2. Clinic
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Knee Prosthesis Market Size and Volume Forecast by Type
10.7.1. Bone Cement Fixation Prosthesis
10.7.2. Biological Fixation Prosthesis
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Knee Prosthesis Demand Share Forecast, 2019-2026
11. Europe Knee Prosthesis Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Knee Prosthesis Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Knee Prosthesis Market Size and Volume Forecast by Application
11.4.1. Hosiptal
11.4.2. Clinic
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Knee Prosthesis Market Size and Volume Forecast by Type
11.7.1. Bone Cement Fixation Prosthesis
11.7.2. Biological Fixation Prosthesis
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Knee Prosthesis Demand Share, 2019-2026
12. Asia Pacific Knee Prosthesis Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Knee Prosthesis Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Knee Prosthesis Market Size and Volume Forecast by Application
12.4.1. Hosiptal
12.4.2. Clinic
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Knee Prosthesis Market Size and Volume Forecast by Type
12.7.1. Bone Cement Fixation Prosthesis
12.7.2. Biological Fixation Prosthesis
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Knee Prosthesis Demand Share, 2019-2026
13. Middle East & Africa Knee Prosthesis Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Knee Prosthesis Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Knee Prosthesis Market Size and Volume Forecast by Application
13.4.1. Hosiptal
13.4.2. Clinic
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Knee Prosthesis Market Size and Volume Forecast by Type
13.7.1. Bone Cement Fixation Prosthesis
13.7.2. Biological Fixation Prosthesis
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Knee Prosthesis Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Knee Prosthesis Market: Market Share Analysis
14.2. Knee Prosthesis Distributors and Customers
14.3. Knee Prosthesis Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zimmer Biomet
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CeramTec Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ChunLi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AK Medical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Double Medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kinetic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stryker
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Smith & Nephew
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wego Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Johnson & Johnson(Depuy)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. LINK Bio Corp
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Exactech
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Double Medical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
