Title: Total knee replacement market share by applications and regions for 2021- 2027 (1)
1Total Knee Replacement Market Trends Research And
Projections For 2021- 2027
- A research study conducted by Global Market
Insights, Inc., suggests that total knee
replacement market is likely to exceed the 12.5
billion mark by 2027, in terms of revenue. There
has been a significant rise in the demand for
personalized and patient specific treatment
procedures across the world in recent years. Knee
replacement surgeries, in this case, are no
exception. With increasing cases of
osteoarthritis, demand for knee implant surgeries
has increased to a great extent. - The rising demand has urged various device
manufacturers to develop technologically advanced
solutions to facilitate better surgery outcomes
and patient comfort. For instance, in 2021, DePuy
Synthes obtained 510(k) approval from the U.S.
Food and Drug Administration for its VELYS
Robotic-Assisted Solution designed to be used
with ATTUNE Total Knee System. The
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2- In terms of product type, partial knee
replacement systems are in huge demand as they
require smaller incisions, are more precise and
provide rapid patient recovery. With these
systems, the complications involved in knee
replacement surgery such as blood loss,
transfusion and clots are significantly less, and
success rate of surgery is high.
- Based on device bifurcation, bicompartmental knee
implants segment had accounted for over 14
market share in 2020 and is anticipated to
register a robust CAGR of 6.6 through 2027. This
can be credited to the advantages offered by
these devices such as improved knee biomechanics,
shorter hospital stays, reduced complication and
quick rehabilitation. Bicompartmental knee
implants are highly preferred in patients with
high functional expectations as they offer
superior pain relief and better knee function.
- In terms of design, cruciate retaining design is
being widely adopted on account of the benefits
offered by it including reduced shear stresses at
the fixation interface and better stability. This
design preserves femoral rollback which improves
the range of flexion and enhances the extensor
effectiveness by widening the moment arm.
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/2
804
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4- Regionally, Brazil had dominated the total knee
replacement market in Latin America by recording
a valuation of over USD 67 million in 2020 and is
estimated to record a significant growth rate of
8.0 through 2027. The growth can be credited to
growing elderly population and availability of
cost-effective treatment options in the country.
- Some of the major players operating in the total
knee replacement market are Amplitude Ortho
(Amplitude Surgical), B Braun Melsungen AG,
ConforMIS Inc., Corin Group, Johnson Johnson
(Depuy Synthes), DJO Global, Exactech Inc.,
Mathys Ltd Bettlach, Medacta International,
Medtronic, MicroPort Scientific Corporation,
Smith Nephew PLC, Stryker, Waldemar LINK, and
Zimmer Biomet among others
Request for Customization _at_ https//www.gminsights
.com/roc/2804
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5Latest Research Report On Total Knee Replacement
Market _at_ https//www.gminsights.com/industry-analy
sis/total-knee-replacement-market
Request for sample of this research report _at_
https//www.gminsights.com/request-sample/detail/2
804
Request for customization https//www.gminsights.
com/roc/2804
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
www.gminsights.com