Total Knee Replacement Market, Global Outlook and Forecast 2023-2029

Technological advancements in implant materials used for knee replacement surgery will result in increasing demand for the same. Companies such as ConforMIS provides customized 3D printed implants to exactly match the patientﾒs anatomy. Materials such as kneecap, inserts and jigs are also customized to lessen surgery time and deliver better outcomes. Technological shift from traditional invasive surgery towards minimal invasive surgeries will favour market growth over the projection years.
 

The industry growth is most likely to be hampered in emerging economies having relatively low-income levels due to high costs associated with the total knee replacement procedures. Utilization of advanced technology within the devices have increased the cost of total knee replacement procedures, resulting in hindering the market growth.
This report aims to provide a comprehensive presentation of the global market for Total Knee Replacement, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Total Knee Replacement. This report contains market size and forecasts of Total Knee Replacement in global, including the following market information:
Global Total Knee Replacement Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Total Knee Replacement market was valued at US$ 6763.5 million in 2022 and is projected to reach US$ 8567.7 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Primary Knee Systems Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Total Knee Replacement include Stryker, Zimmer Biomet, B. Braun, Smith & Nephew, ConfirMIS, Inc, Medacta, Biomet, Exactech, Inc and MicroPort Scientific Corporation, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Total Knee Replacement companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Total Knee Replacement Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Total Knee Replacement Market Segment Percentages, by Type, 2022 (%)
    Primary Knee Systems
    Partial Knee Systems
Global Total Knee Replacement Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Total Knee Replacement Market Segment Percentages, by Application, 2022 (%)
    Hospitals
    Ambulatory Surgical Centers
Global Total Knee Replacement Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Total Knee Replacement Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Total Knee Replacement revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Total Knee Replacement revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Stryker
    Zimmer Biomet
    B. Braun
    Smith & Nephew
    ConfirMIS, Inc
    Medacta
    Biomet
    Exactech, Inc
    MicroPort Scientific Corporation
    Corin Group
    Waldemar LINK
    DJO Global
    C2F Implants
Outline of Major Chapters:
Chapter 1: Introduces the definition of Total Knee Replacement, market overview.
Chapter 2: Global Total Knee Replacement market size in revenue.
Chapter 3: Detailed analysis of Total Knee Replacement company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Total Knee Replacement in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.