Knee Replacement Market Research Report: Type, Treatment, End User - Global Forecast Till 2027

Knee Replacement Market Research Report – Global Forecast till 2027

Knee Replacement Market Research Report -Global Forecast

till 2027

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Copyright © 2017 Market Research Future.

Knee Replacement Market Research Report – Global Forecast till 2027

1 Summary: The global knee replacement market is presumed to experience 6.1% CAGR during the forecast period (2017-2023) owing to the increasing geriatric population, asserts Market Research Future (MRFR). Knee replacement is also referred to joint replacement surgery which is meant for patients suffering from knee damage. Diseases such as post-traumatic arthritis, osteoarthritis, and rheumatoid arthritis generally cause knee damage. Knee arthroplasty or knee replacement is performed to replace damaged knee with artificial knee implants.

Key Players: The major players operating the global market are DePuy Synthes, Allegra Orthopaedics Limited, Exactech Inc., Smith and Nephew, Zimmer Inc., Stryker, and Kinamed Inc.

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Knee Replacement Market Research Report – Global Forecast till 2027

2 Segmental Analysis: The global knee replacement market has been segmented on the basis of material, product type, end-user, and region.

By mode of product type, the global knee replacement market has been segmented into total knee reconstructive implants, partial knee reconstructive implants, and revision knee reconstructive implants. Among these, the total knee reconstructive implants are further sub-segmented into fixed bearing implants, mobile bearing implants, medial pivot implants, and others.

By mode of material, the global knee replacement market has been segmented into ceramic material, metal alloy, strong plastic parts, and others.

By mode of end-users, the global knee replacement market has been segmented into specialty centers, hospitals and clinics, and rehabilitation centers.

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Knee Replacement Market Research Report – Global Forecast till 2027

3 Regional Analysis: Geographically, the knee replacement market spans across regions namely, North America, Europe, Asia Pacific, and the Middle East and Africa.

Among all the regions, the North American market is considered to be a growing market owing to the growing geriatric population affected by knee disorders. Also, growing awareness regarding joint treatments are further considered to drive the market during the assessment period. For instance, according to the American Joint Replacement Registry, more than 161,040 joint replacement procedures were performed in 2015.

Europe is presumed to be the second largest market after North America and is estimated to hold a noticeable share. The growth is attributed to the availability of advanced and innovative treatment facilities coupled with growing skilled medical professionals in this region. Also, with the growing geriatric population giving rise to patient population, the market is considered to expand at a rapid pace.

Asia Pacific is presumed to be the fastest growing market owing to the increasing prevalence of joint disorders such as osteoarthritis and arthritis. Increasing awareness about health along with availability of advanced treatment methods are likely to foster the market in this region.

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Knee Replacement Market Research Report – Global Forecast till 2027

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