Global Knee Replacement Market


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Global Knee Replacement Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023


Knee Replacement is a standout amongst the most widely recognized substitution surgery of joints which are attempted by the patients with knee harming sicknesses like post-awful, joint inflammation osteoarthritis/rheumatoid joint inflammation. Developing elderly patients and increment in number of surgeries embraced is expected to develop the worldwide knee substitution advertise. Different advances are incorporated into embedding manufactured gadget and supplanting harmed knee. There are different kind of inserts made up of clay material, solid plastic parts or metal compounds,

 

A few elements like ascent in the pervasiveness of maladies like diabetes, osteoporosis, joint inflammation, corpulence, developing maturing populace expanding sports-related wounds, enhancing propelled advancements like negligibly obtrusive surgeries and unrivaled materials of inserts are the elements driving the worldwide knee substitution showcase. High cost of the surgery, ascend in number of OEM's and increment in mindfulness about non-surgical medications like weight losing, works out, strolling helps, shoe supplements and painkiller pharmaceuticals are the variables limiting the development of worldwide knee substitution advertise are

 

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The global knee replacement market is classified on the basis of procedure, bearing, end-user and geography.

 

Based on procedure, global knee replacement market is segmented as

 

Based on bearing, global knee replacement market is segmented as

 

Based on end-user, global knee replacement market is segmented as

 

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Knee replacement is the most widely used procedure to treat knee arthritis pain. Advancements in the technologies of knee replacement like minimally invasive surgery, improvement in materials of implant and rise in success rates of the procedures are allowing people to undergo the knee replacement surgery. Technologies likev3D printed knee implants manufactured by the company ConforMIS in USA. For example, X3 Advanced Bearing Technology (in 2011) and Mako Robotic-Arm Assisted Technology (in 2017) and Zimmer Biomet has launched Persona Medial Congruent Bearing in March 2016, designed for providing natural motion for the knee by increasing stability of joints are boosting the growth of the market. According to U.S. Department of Health & Human Services about 294,000 children below age of 18 are suffering from various rheumatic conditions in U.S.

 

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Based on the geographical regions, Knee replacement market is segmented as Latin America, Asia-Pacific, Europe, North America and The Middle East and Africa. North America is dominating in the global knee replacement market owing to the rise in geriatric population and increasing prevalence rate of arthritis and various joint. Asia-Pacific is anticipated to show significant growth due to the untapped opportunities, growing incorporation of implants in the orthopaedic procedures and increasing prevalence rate of arthritis and robust improvement in the healthcare infrastructure.

 

Some of the players in knee replacement market are Stryker (U.S.), Zimmer Inc., (U.S.), DePuy Synthes (U.S.), Aesculap Implants Systems, LLC (U.S.), Medacta (Switzerland), Exactech, Inc. (U.S.), CONMED (U.S.), MicroPort Orthopedics, Inc (U.S.), Kinamed, Inc.(U.S.), OMNIlife science Inc. (U.S.) and ConforMIS (U.S.).

 

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About Precision Business Insights

 

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