Knee Arthroplasty Market Analysis: Global Industry Size, Growth and Forecast
Report ID : 1332775 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Knee Arthroplasty Market is categorized based on Product Type (Total Knee Arthroplasty, Partial Knee Arthroplasty, Bilateral Knee Arthroplasty, Knee Resurfacing, Revision Knee Arthroplasty) and Material Type (Metal, Polyethylene, Ceramics, Alloys, Composite Materials) and End User (Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics, Rehabilitation Centers, Research and Academic Institutes) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
Valued at $4.5 billion in 2023, the Knee Arthroplasty Market size is expected to grow to $8.2 billion by 2033, with a CAGR of 6.5% from 2024 to 2033. The report comprises various segments and analyzes the trends and factors playing a substantial role in the market.
The changes occurring in the demographic structure combined with the widespread adoption of technology drives knee replacement surgeries. The Elderly population and those suffering from knee-related issues is on the rise. As more people try to manage chronic knee discomfort together with issues related with mobility, it is projected that the number of people opting for knee replacement surgeries will increase which greatly aids the prosthetic technology market and new surgical techniques.
As part of the orthopedic market, knee arthroplasty includes a spectrum of operations like total knee arthroplasty (TKA) and partial knee arthroplasty (PKA). Recently, the industry has experienced an unprecedented update in regards to the design of the implants, materials used and even robotics. These innovations greatly enhance the quality associated with surgical procedures while at the same time greatly reducing the time it takes for the patient to recuperate, thus leading to lower patient threshold to undergo these types of treatments. Because of the combination of the demographic trends and technological improvements, the market for knee arthroplasty is likely to see advanced growth and development in the decades ahead.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | Johnson & Johnson, Stryker Corporation, Zimmer Biomet, Smith & Nephew, DePuy Synthes, Medtronic, B. Braun Melsungen AG, NuVasive Inc., Baxter International, Orthofix Medical Inc., Conmed Corporation |
| SEGMENTS COVERED |
By Product Type - Total Knee Arthroplasty, Partial Knee Arthroplasty, Bilateral Knee Arthroplasty, Knee Resurfacing, Revision Knee Arthroplasty
By Material Type - Metal, Polyethylene, Ceramics, Alloys, Composite Materials
By End User - Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics, Rehabilitation Centers, Research and Academic Institutes
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Knee Arthroplasty Market Dynamics
The Knee Arthroplasty Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Knee Arthroplasty Market Segmentations
Market Breakup by Product Type
- Overview
- Total Knee Arthroplasty
- Partial Knee Arthroplasty
- Bilateral Knee Arthroplasty
- Knee Resurfacing
- Revision Knee Arthroplasty
Market Breakup by Material Type
- Overview
- Metal
- Polyethylene
- Ceramics
- Alloys
- Composite Materials
Market Breakup by End User
- Overview
- Hospitals
- Ambulatory Surgical Centers
- Orthopedic Clinics
- Rehabilitation Centers
- Research and Academic Institutes
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Knee Arthroplasty Market
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- Johnson & Johnson
- Stryker Corporation
- Zimmer Biomet
- Smith & Nephew
- DePuy Synthes
- Medtronic
- B. Braun Melsungen AG
- NuVasive Inc.
- Baxter International
- Orthofix Medical Inc.
- Conmed Corporation
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Company Profiling
● Detailed profiling of additional market players (up to three players)
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● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
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