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Knee Replacement Market size was valued at US$ 10.28 Bn. in 2021 and the total revenue is expected to grow at 4.32 % through 2022 to 2029, reaching nearly US$ 14.43 Bn.
Knee Replacement Market Overview
The research on the Knee Replacement Market is based on the detailed dynamics the Knee Replacement market. The report covers market revenue forecasts at global, regional and segment, and national levels. Industry potential is deeply studied. Industry rivalry during the forecast period is studied and the individual market share are all included in Knee Replacement Market research.
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Knee Replacement Market Report Scope and Research Methodology
The report is a comprehensive analysis of the complementary and Knee Replacement market by region, segment and competitive landscape. The report covers the current trends prevailing in the market & changing consumer preferences, opportunities in the market, innovations & market regulations. The analysis acts as a guide for stakeholders, investors, market players and followers and new entrants with an overall view of the Knee Replacement formulating investment approaches and marketing tactics.
Secondary data was collected from official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the Knee Replacement industry along with paid and free databases. To estimate the segment wise, regional and global Knee Replacement Market size, bottom-up approach was used.
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Knee Replacement Market Segmentation
The whole knee replacement, partial knee replacement, kneecap replacement, and complex knee replacement categories make up the global market for knee replacements. In 2021, the Total Knee Replacement market segment had the highest market share (4.32%). An increase in infection rates, which has been linked to an increase in knee revisions, is one of the key factors driving market demand. The four fundamental varieties of total knee replacement (positive intraoperative cultures but clinically undetectable infection) are type 1 (early post-operative), type 2 (late chronic), type 3, and type 4. The number of infections following total knee replacement surgery has risen over time.
The global knee replacement market is further divided into hospitals, orthopaedic facilities, and other end users based on the end-user. In 2021, the Hospitals sector had the highest market share (4.32%). The bulk of knee replacement surgeries are carried out in hospitals because there are so many innovative technologies and skilled doctors in these healthcare settings. This market's end-user segment is anticipated to grow as a result of the increased availability of acute care following surgical procedures.
Knee Replacement Market Key Players
• Aesculap Implants Systems LLC
• Corin Group
• DePuy Synthes Companies
• Smith & Nephew PLC
• Stryker Corporation
• Zimmer Biomet
• Exactech Inc.
• Medacta
• MicroPort Orthopedics Inc.
• Medtronic PLC
• Conformis
• Allegra Orthopaedics Limited
• Kinamed, Inc.
• Johnson & Johnson Services Inc.
• B. Braun Melsungen AG
• DJO Global, Inc.
• Baumer Holding AG
• SurgTech Inc.
• Wright Medical Group N.V.
Knee Replacement Market Regional Insights
The Regional Analysis in the report helps to understand the Knee Replacement market in various countries. The report includes a detailed analysis of the market potential & country wise market share. North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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