Total Knee Replacement Knee Implant Segment Drives Knee Implant Market Growth
According to our new research study named "Knee Implant Market Forecast to 2031 – Global Analysis – by Type of Procedures, Implant Type, Material, and End User," the market was valued at US$ 14.08 billion in 2024 and is projected to reach US$ 19.82 billion by 2031; it is expected to register a CAGR of 5.09% during 2025–2031. The aging population and technological advancements are key factors driving the knee implant market size. However, the risk of implant failure and complications hinder market growth. Customization and personalized implants are projected to bring new knee implant market trends in the coming years.
Technological advancements enhance surgical outcomes and patient satisfaction, which encourages the adoption of procedures. In the US, the use of robotics in total knee arthroplasty (TKA) increased sixfold between 2017 and 2021, reaching 11.6% of procedures, according to the 2022 American Joint Replacement Registry (AJRR) Annual Report. Product developments, such as the FDA clearance of the VELYS Robotic-Assisted Solution for Unicompartmental Knee Arthroplasty (UKA) by DePuy Synthes, and the launch of Stryker’s Mako Total Knee 2.0 in 2023, offer surgeons greater precision. This confidence in technology is fueling a shift, as indicated by a 57% increase in procedures submitted to the AJRR by Ambulatory Surgery Centers (ASCs) between 2021 and 2022.
Knee Implant Market, by Region, 2024 (%)
Knee Implant Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type of Procedures (Total Knee Replacement, Partial Knee Replacement, and Revision Knee Replacement), Implant Type (Fixed Bearing Prosthesis and Mobile Bearing Prosthesis), Material (Cemented and Non-Cemented), and End User (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers, and Others)
Knee Implant Market Growth Outlook for Planning 2031
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Source: The Insight Partners Analysis
Knee Implant Market Analysis Based on Segmental Evaluation:
- Based on the type of procedures, the knee implant market is segmented into Total Knee Replacement, Partial Knee Replacement, and Revision Knee Replacement. The total knee replacement segment held a larger knee implant market share in 2024.
- By implant type, the knee implant market is bifurcated into fixed and mobile bearing prostheses. The fixed bearing prosthesis segment held a significant market share in 2024.
- Per material, the knee implant market is divided into cemented and non-cemented. The cemented segment held a larger market share in 2024.
- Based on end user, the knee implant market is divided into hospitals, orthopedic clinics, ambulatory surgical centers, and others. The hospitals segment held the largest knee implant market share in 2024.
The geographical scope of the knee implant market report includes the assessment of the market performance in North America, Europe, Asia Pacific, South and Central America, and the Middle East and Africa. North America and Europe are mature markets, characterized by advanced healthcare infrastructure, established reimbursement policies, and a significant patient population. Asia Pacific is emerging as a major growth hub, driven by improving healthcare access, increasing prevalence of orthopedic conditions, and rising medical tourism. South and Central America and the Middle East & Africa are witnessing market development as healthcare systems evolve.
According to a February 2024 data brief from the U.S. Centers for Disease Control and Prevention (CDC), the prevalence of arthritis in adults is increasing with age, with 53.9% of adults age 75 and older affected in 2022. This demographic trend fuels demand in North America.
In June 2024, Zimmer Biomet partnered with THINK Surgical to distribute a new handheld robotic system for total knee arthroplasty. In the same month, DePuy Synthes received FDA clearance for a robotic-assisted solution for partial knee replacement. These advancements, which aim for greater surgical accuracy and efficiency, contribute to market growth across regions. Meanwhile, emerging economies in APAC are seeing increased demand due to improving healthcare infrastructure and rising patient awareness.
Zimmer Biomet Holdings Inc., Stryker Corporation, DePuy Synthes (Johnson & Johnson MedTech), Smith & Nephew plc, Medacta International SA, MicroPort Scientific Corporation, Exactech Inc., Conformis Inc., Corin Group, Aesculap Implant Systems (B. Braun), Arthrex Inc., CONMED Corporation, Enovis Corporation (DJO Global), Medtronic plc, LimaCorporate S.p.A., THINK Surgical Inc., United Orthopedic Corporation, Maxx Orthopedics Inc., OrthAlign Inc., Exatech Inc. are among the leading companies profiled in the knee implant market report.
Based on source, the knee implant market is bifurcated into natural and recombinant knee implant. By application, the knee implant market is divided into therapeutic applications, drug delivery, disease diagnostics, research, and others. Per end user, the knee implant market is categorized into hospitals and clinics, pharmaceutical and biotechnological companies, research institutes, diagnostic laboratories, home care settings, and others. Geographically, the market is categorized into North America (US, Canada, and Mexico), Europe (France, Germany, UK, Spain, Italy, and the Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific), the Middle East and Africa (Saudi Arabia, South Africa, the UAE, and the Rest of Middle East and Africa), and South and Central America (Brazil, Argentina, and the Rest of South and Central America).
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