Knee Replacement Market: By Procedure (Total Knee Replacement, Partial Knee Replacement, Revision Knee Replacement), By Bearing (Fixed-bearing Implants, Mobile-bearing Implants), By End-user (Hospitals, Orthopaedic Clinics, Ambulatory Surgical Centres) and Geography  

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Knee Replacement Market was valued at USD 6.6 billion in 2022 and is anticipated to grow at USD 8.1 billion till 2028 recording a CAGR of 4.2% during the forecast period 2023-2029. Knee Replacement is one of the most common replacement surgeries for joints which are undertaken by patients with knee-damaging diseases like post-traumatic, arthritis, and osteoarthritis/rheumatoid arthritis. Growing elderly patients and an increase in the number of surgeries undertaken are anticipated to grow the global knee replacement market. Various steps are included in implanting an artificial device and replacing the damaged knee. There are various types of implants made up of ceramic material, strong plastic parts, or metal alloys, Several factors like the rise in the prevalence of diseases like diabetes, osteoporosis, rheumatoid arthritis treatment, obesity, growing aging population increasing sports-related injuries, improving advanced technologies like minimally invasive surgeries and superior materials of implants are the factors driving the global knee replacement market. The high cost of the surgery, the rise in the number of OEMs, and the increase in awareness about non-surgical treatments like weight loss, exercises, walking aids, shoe inserts, and painkiller medicines are the factors restraining the growth of the global knee replacement market. Knee replacement is the most widely used procedure to treat knee arthritis pain. Advancements in the technologies of knee replacement like minimally invasive surgery, improvement in materials of implant, and rise in success rates of the procedures are allowing people to undergo knee replacement surgery. Technologies like printed knee implants manufactured by the company ConforMIS in the USA. For example, X3 Advanced Bearing Technology (in 2011) Mako Robotic-Arm Assisted Technology (in 2017), and Zimmer Biomet have launched Persona Medial Congruent Bearing

Knee Replacement Market Key Developments: 
  • In March 2016, designed to provide natural motion for the knee by increasing the stability of joints boosting the growth of the market. According to the U.S. Department of Health & Human Services, about 294,000 children below the age of 18 are suffering from various rheumatic conditions
  • In U.S. In June 2017, Zimmer Biomet Holdings introduced an X-ray-based Patient-Specific Instrument, the X-PSI Knee System world's 1st CE Marked surgical planning system.
  • In June 2014, DePuy Synthes introduced 2 new technologies for the ATTUNE Knee System Medialized Anatomic Patella and ATTUNE Rotating Platform  
 

Global Knee Replacement Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.2%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Knee Replacement Market Dynamics

One of the primary causes anticipated to drive demand for bone procedures in the future is a rise in the prevalence of knee osteoarthritis around the world. The demand for knee implants is expected to rise in the coming years as the rate of diagnosis of knee arthritis among adults rises. According to the Osteoarthritis Research Society International (OARSI), global knee osteoarthritis is expected to reach 5% of the population by 2050, and this number is expected to climb as the population ages. During the projection period, the rapid increase in the ageing population and the rapidly expanding obesity epidemics are likely to fuel demand for knee replacement surgery. The annual incidence of knee osteoarthritis in the United States is highest between the ages of 55 and 64, according to the Arthritis Foundation. Implants made of precious metals and designed with superior technology are used in knee replacement treatments. Furthermore, the cost of these products is increased by the strict standards that govern their approval. The availability of these devices has been limited in developing countries with low healthcare spending and a scarcity of trained surgeons.

Global Knee Replacement Market Segmentation

By Procedure
  • Total Knee Replacement
  • Partial Knee Replacement
  • Revision Knee Replacement
By Bearing
  • Fixed-bearing Implants
  • Mobile-bearing Implants
By End User
  • Hospitals
  • Orthopaedic Clinics
  • Ambulatory Surgical Centres
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Frequently Asked Questions

The knee replacement market size was valued at USD 6.6 billion in 2022

The knee replacement market key players are: Stryker (U.S.) Zimmer Inc., (U.S.) DePuy Synthes (U.S.) Aesculap Implants Systems, LLC (U.S.) Medacta (Switzerland) Exactech, Inc. (U.S.) CONMED (U.S.) MicroPort Orthopedics, Inc (U.S.) Kinamed, Inc.(U.S.) OMNIlife science Inc. (U.S.) ConforMIS (U.S.)

The knee replacement market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1. Executive Summary
2. Global Knee Replacement Market Introduction 
2.1.Global Knee Replacement Market  - Taxonomy
2.2.Global Knee Replacement Market  - Definitions
2.2.1.Product Type 
2.2.2.Bearing
2.2.3.End Users
2.2.4.Region
3. Global Knee Replacement Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Knee Replacement Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Knee Replacement Market  By Product Type , 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Total Knee Replacement
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Partial Knee Replacement
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Revision Knee Replacement
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
6. Global Knee Replacement Market  By Bearing, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Fixed-bearing Implants
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Mobile-bearing Implants
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Knee Replacement Market  By End Users, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. Hospitals
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Orthopaedic Clinics
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Ambulatory Surgical Centres
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8. Global Knee Replacement Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Knee Replacement Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Product Type  Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Total Knee Replacement
9.1.2.Partial Knee Replacement
9.1.3.Revision Knee Replacement
9.2.  Bearing Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Fixed-bearing Implants
9.2.2.Mobile-bearing Implants
9.3.  End Users Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospitals
9.3.2.Orthopaedic Clinics
9.3.3.Ambulatory Surgical Centres
9.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Knee Replacement Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Total Knee Replacement
10.1.2.Partial Knee Replacement
10.1.3.Revision Knee Replacement
10.2.  Bearing Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Fixed-bearing Implants
10.2.2.Mobile-bearing Implants
10.3.  End Users Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospitals
10.3.2.Orthopaedic Clinics
10.3.3.Ambulatory Surgical Centres
10.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
11. Asia Pacific (APAC) Knee Replacement Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Total Knee Replacement
11.1.2.Partial Knee Replacement
11.1.3.Revision Knee Replacement
11.2.  Bearing Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Fixed-bearing Implants
11.2.2.Mobile-bearing Implants
11.3.  End Users Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospitals
11.3.2.Orthopaedic Clinics
11.3.3.Ambulatory Surgical Centres
11.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Knee Replacement Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Total Knee Replacement
12.1.2.Partial Knee Replacement
12.1.3.Revision Knee Replacement
12.2.  Bearing Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Fixed-bearing Implants
12.2.2.Mobile-bearing Implants
12.3.  End Users Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospitals
12.3.2.Orthopaedic Clinics
12.3.3.Ambulatory Surgical Centres
12.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Knee Replacement Market,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
13.1. Product Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Total Knee Replacement
13.1.2.Partial Knee Replacement
13.1.3.Revision Knee Replacement
13.2.  Bearing Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Fixed-bearing Implants
13.2.2.Mobile-bearing Implants
13.3.  End Users Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospitals
13.3.2.Orthopaedic Clinics
13.3.3.Ambulatory Surgical Centres
13.4.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Stryker (U.S.)
14.2.2.Zimmer Inc., (U.S.)
14.2.3.DePuy Synthes (U.S.)
14.2.4.Aesculap Implants Systems, LLC (U.S.)
14.2.5.Medacta (Switzerland)
14.2.6.Exactech, Inc. (U.S.)
14.2.7.CONMED (U.S.)
14.2.8.MicroPort Orthopedics, Inc (U.S.)
14.2.9.Kinamed, Inc.(U.S.)
14.2.10.OMNIlife science Inc. (U.S.)
14.2.11.ConforMIS (U.S.)
15. Research Methodology 
16. Appendix and Abbreviations 
  • Stryker (U.S.)
  • Zimmer Inc., (U.S.)
  • DePuy Synthes (U.S.)
  • Aesculap Implants Systems, LLC (U.S.)
  • Medacta (Switzerland)
  • Exactech, Inc. (U.S.)
  • CONMED (U.S.)
  • MicroPort Orthopedics, Inc (U.S.)
  • Kinamed, Inc.(U.S.)
  • OMNIlife science Inc. (U.S.)
  • ConforMIS (U.S.)

Adjacent Markets