Knee Replacement Implants - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017 The Global Knee Replacement Implants Market is expected to grow at a CAGR of 6.8% from 2010–2017 The global knee replacement implants market is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.8% over the period 2010–2017. The global knee replacement market had revenues of $6.9 billion in 2010, which will rise to about $10.9 billion in 2017. The high incidence of osteoarthritis (OA) due to the increasing elderly population and rise in obesity will spur the market growth. OA is the most common cause of knee pain leading to knee replacement surgery. According to the US Center for Disease Control (CDC), OA affects 13.9% of adults aged 25 and older and 33.6% (12.4 million) of those 65 and above. Other factors contributing to the market growth are the increasing demand from lower age groups and the increase in the number of replacement procedures. The incidence of osteoarthritis, which is the most common form of arthritis, is increasing as the elderly population continues to grow. This is true in both developed and developing economies. OA is the most common musculoskeletal disease and contributes approximately 50% of the disease burden of this group. Studies by the US CDC have indicated that osteoarthritis affects nearly 43 million Americans, which is estimated to increase to 67 million or 25% of the adult population by 2030. There will be a continuous increase in the incidence of OA due to the increase in the elderly population and obesity levels. For Sample Pages, please click or add the below link to your browser: http://www.globaldata.com/reportstore/RequestSamplePages.aspx?ID=Knee-Replacement-ImplantsGlobal-Pipeline-Analysis-Competitive-Landscape-and-Market-Forecasts-to2017&Title=Medical_Devices&ReportType=Industry_Report In 2010, Zimmer Holdings was the leader in the global knee replacement implants market with 26% share, followed by DePuy Inc. with 24% and Stryker Corporation with 21%. Other major players in this market are Smith & Nephew (12%) and Biomet Inc. (11%). The knee replacement implants segment is very competitive, with a high possibility that company market rankings will change. There is a lack of truly innovative products in this segment, even though major companies currently have numerous products in the regulatory approval process. In developing countries, large international companies face significant competition from local manufacturers offering cheaper products. Companies in this field are resorting to partnerships to strengthen their position in the market and to develop products catering to specific needs of patients in different countries. GlobalData’s new report, “Knee Replacement Implants - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017” provides key data, information and analysis on the global knee replacement implants market. The report provides market landscape, competitive landscape and market trends information on the knee replacement implants market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the
market dynamics. The report also reviews the competitive landscape and technology offerings. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s team of industry experts. For further details, please click or add the below link to your browser: http://www.globaldata.com/reportstore/Report.aspx?ID=Knee-Replacement-Implants-Global-PipelineAnalysis-Competitive-Landscape-and-Market-Forecasts-to2017&Title=Medical_Devices&ReportType=Industry_Report Visit our report store: http://www.globaldata.com/reportstore For more details contact: pressreleases@globaldata.com North America: +1 646 395 5477 Europe: +44 207 753 4299 +44 1204 543 533 Asia Pacific: +91 40 6616 6782