The rising prevalence of several orthopedic diseases, increasing technological advancements and the growing aging population has augmented the market growth of knee arthroplasty globally. The increasing prevalence of osteoarthritis will further contribute to this market growth. Osteoarthritis is one of the most common reasons for knee replacement surgeries globally. According to the Canadian Institute for Health Information, approximately 70,000 knee replacements were performed in Canada in 2017–2018. It is also estimated that the number of patients undergoing joint replacements surgeries would drastically increase in the coming years.
Some of the prominent players in the global knee arthroplasty market include:
Zimmer Biomet, Stryker, B. Braun Melsungen AG, DePuy Synthes, Integra LifeSciences Corporation, Corin, Allegra, Arthrex, Inc, Exactech, Inc., and Wright Medical Group N.V., among others.
Robotic total knee replacement, press-fit implant technology, customized 3-D implant printing, wound closure technology, neuromuscular electrical stimulation, innovative pain management technologies, and other advanced procedures will further propel the global knee arthroplasty market. For instance, Corin, a worldwide orthopedic manufacturer of functional implants and other medical equipment, launched Unity Knee with EquiBalance instrumentation, at the American Academy of Orthopaedic Surgeons (AAOS) 2018 Annual Meeting to facilitate ligament balancing and soft-tissue preservation during total knee replacement surgeries.
The Knee Arthroplasty Market is segmented on the basis of Product, Component, Implant Design, End Users and region.
Major Product of Knee Arthroplasty Market covered are:
- Primary Knee Systems
- Revision Knee Systems
- Partial Knee Systems
Major Component of Knee Arthroplasty Market covered are:
- Total Knee Component
- Femoral Component
- Tibial Component
- Patellar Component
Major Implant Design of Knee Arthroplasty Market covered are:
- Posterior-Stabilized Designs
- Cruciate-Retaining Designs
- Bicruciate-Retaining Designs
Major End-users of Knee Arthroplasty Market covered are:
- Hospitals
- Orthopedic Specialty Centers
- Ambulatory Surgical Centers (ASC’s)
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