Knee Replacement Implants Market Scope
Joint replacement implants refer to orthopedic surgical procedure for joint replacement. It is used for treating arthritis and osteoarthritis. Growing geriatric population and rising number of knee implant surgeries driving the demand for joint replacement implants. Further, technological advancement in the joint replacement implant process such as emergence of x3 advanced bearing technology and robotic-arm assisted technology for joint replacement implants expected to drive the demand for joint replacement implants over the forecasted period.
The market study is being classified and major geographies with country level break-up.
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Knee Replacement Implants market throughout the predicted period.
B. Braun Holding GmbH & Co. KG (Germany), Smith and Nephew (United Kingdom), Stryker (United States), Zimmer (United States), Biomet (United States), Medacta (Switzerland), Aesculap Implants Systems, LLC (United States), Exactech, Inc. (United States), MicroPort Scientific (China) and Johnson & Johnson (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are CONMED (United States), Kinamed, Inc. (United States), ConforMIS (United States) and OMNIlife science, Inc..
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Knee Replacement Implants market by Type, Application and Region.
On the basis of geography, the market of Knee Replacement Implants has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Procedure , the sub-segment i.e. Total Knee Replacement will boost the Knee Replacement Implants market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component , the sub-segment i.e. Fixed Bearing Implants will boost the Knee Replacement Implants market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Clinics will boost the Knee Replacement Implants market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material , the sub-segment i.e. Stainless Steel will boost the Knee Replacement Implants market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
26th June 2019, Microport Orthopedics Inc. launched a new evolution NitrX medial-pivot knee system for joint replacement implants.
Market Trend
- Technological Advancement in the Knee Implant Techniques
- Emergence of Mako Robotic-Arm Assisted Technology for Joint Replacement
Market Drivers
- Growth in Geriatric Population
- Increasing Prevalence of Orthopedic Disorders
Opportunities
- Emergence Of X3 Advanced Bearing Technology for Joint Replacement Surgeries
- Growing Healthcare Infrastructure in the Developing Economies
Restraints
- Stringent Government Regulations Regarding the Medical Devices
- High Cost of the Knee Replacement Surgeries
Challenges
- Lack of Awareness in the Emerging Economies
Key Target Audience
Healthcare Institution, Contract Research Manufacturers, Associations, Organizations, Forums, and Alliances, Government Bodies and Departments, Research Institutes and Others
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