Overview

The Global Knee Implants Market is to reach a CAGR of 4.56% during the forecast period (2024-2031).
Surgical replacement of the weight-bearing surfaces of the knee joint is performed to alleviate pain and disability, typically when conservative treatments fail to reduce joint pain. This procedure is commonly recommended for conditions such as rheumatoid arthritis and psoriatic arthritis.

However, surgery may be more complex and risky in patients with severe deformities resulting from advanced rheumatoid arthritis, trauma, or chronic osteoarthritis. Therefore, significant deformities alone are not a sufficient reason for knee replacement surgery.

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Market Growth Trends
The incidence of bone-related diseases and accidents is rising, driving the market to flourish.
According to the National Library of Medicine, fractures are often the first visible sign of bone disease, especially osteoporosis. Approximately 1.5 million fractures occur annually due to bone conditions. Osteoporosis is the most common cause of these fractures.

In the U.S., around 10 million people over the age of 50 have osteoporosis of the hip, while an additional 33.6 million individuals in the same age group have low hip bone mass, also known as "osteopenia." This condition increases their risk of developing osteoporosis and associated complications in the future.
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Market is segmented
By Type: Total knee replacement, Partial knee replacement, Revision knee replacement
By Component Type: Fixed-bearing Implants, Mobile-bearing Implants
By End-user: Hospitals, Ambulatory surgical centers, Orthopedic clinics
By Region: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa

Market Key Players
• Zimmer Biomet
• Corin Group
• Stryker Corp
• DePuy Synthes
• Smith and Nephew
• Aesculap Implant Systems, LLC
• Exactech, Inc.
• MicroPort Scientific
• CONMED
• Kinamed, Inc.
• ConforMIS

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