Total Knee Replacement Market - Size and Forecast [2021-2031]
The Total Knee Replacement Market is expected to register a CAGR of 5.4% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by Product (Primary Knee Replacement Systems, Revision Knee Replacement Systems, Partial Knee Replacement Systems). The report further presents analysis based on Device Type (Three-compartmental Knee Implants, Bicompartmental Knee Implants, Unicompartmental Knee Implants). The report is further segmented based on Implant Type (Fixed-Bearing Implants, Mobile-Bearing Implants, Medial Pivot Implants). The report further presents analysis based on Material (Metal-on-plastic, Ceramic-on-plastic, Ceramic-on-ceramic, Metal-on-metal). Futher, it is segmented based on End User (Hospitals, Ambulatory Surgical Centers, Others). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments.
Purpose of the ReportThe report Total Knee Replacement Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Total Knee Replacement Market Segmentation
Product- Primary Knee Replacement Systems
- Revision Knee Replacement Systems
- Partial Knee Replacement Systems
- Three-compartmental Knee Implants
- Bicompartmental Knee Implants
- Unicompartmental Knee Implants
- Fixed-Bearing Implants
- Mobile-Bearing Implants
- Medial Pivot Implants
- Metal-on-plastic
- Ceramic-on-plastic
- Ceramic-on-ceramic
- Metal-on-metal
- Metal-on-plastic
- Ceramic-on-plastic
- Ceramic-on-ceramic
- Metal-on-metal
Strategic Insights
Total Knee Replacement Market Growth Drivers- Increasing Prevalence of Knee Osteoporosis: The demand for knee implants in the global market is projected to increase over the forecast period due to a higher diagnosis rate of knee osteoarthritis in adults. The rapid aging of the population and the increasing rates of overweightness are expected to increase the volume of knee replacement surgeries over the forecast period.
- Development of Advanced Technologies to Enhance Efficacy: Technological developments can be seen to improve the procedure efficacy and thus encourage more patients to seek for the treatment. New technologies are also making knee surgeries safer. These advancements help in improving the outcome of the patients and attract more patients to consider surgery.
- Rising Obesity Rates: The increasing prevalence of obesity prevails among the contributing factors of joint diseases’ complications especially within the knee joint. This tendency is expected to boost the market for knee replacement surgeries as more people will be turning to the seek relief from pain and improved mobility.
- Incorporation of AI: AI assists surgeons in developing a surgical map of high fidelity by evaluating each patient’s active knee rotation with motion. This is anticipated to improve the quality of preoperative and postoperative care, enhancing patient engagement and outcomes.
- Shift Towards Outpatient Procedures: The trend of providing surgical procedures on an outpatient basis is fast gaining popularity due to the improvement of surgical techniques as well as anesthesia. This trend not only reduces the duration of hospital stays, but also cuts down the healthcare expenses, thus making total knee replacement affordable.
- Sustainability and Eco-Friendly Practices: There are increasing sustainability concerns in health sector, which could affect the kind of materials used in knee implants as well as the overall environmental impact of knee surgeries.
- Robot-Assisted Knee Surgeries: This is a growing opportunity where the robotic surgery assists in enhancing the precision of knee surgeries and minimizing the reliance on surgeons for procedural consequences. Apart from this, with the addition of robotic surgery into the portfolio, many of the major players in the market are offering more comprehensive versions of knee implants. All the surgeries can be performed using robotic surgical devices since they are likely to offer quality services and provide quicker healing time.
- R&D Growth: Ongoing R&D efforts with the aim to develop new products and technologies for knee implants can lead to better performance and longevity of implants, providing an excellent opportunity for manufacturers.
- Collaborations and Partnerships for Total Knee Replacement: Strategic partnerships between healthcare providers, technology organizations, and implant manufacturers can foster innovation and enhance service delivery in the total knee replacement space.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Total Knee Replacement Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Total Knee Replacement Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Stryker, Zimmer Biomet, B. Braun, Smith and Nephew, Depuy Synthes, and Microport Scientific Corporation are some of the major players operating in the market.
The primary knee replacement systems segment accounts for the highest revenue in product segment of the total knee replacement market in 2023.
Asia Pacific region has the highest CAGR of the total knee replacement market.
North America region dominated the total knee replacement market in 2023.
The Total Knee Replacement Market is estimated to witness a CAGR of 5.4% from 2023 to 2031
The major factors driving the total knee replacement market are:
1. Increasing Prevalence of Knee Osteoporosis.
2. Development of Advanced Technologies to Enhance Efficacy.
3. Rising Obesity Rates.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Total Knee Replacement Market - By Product
1.3.2 Total Knee Replacement Market - By Device Type
1.3.3 Total Knee Replacement Market - By Implant Type
1.3.4 Total Knee Replacement Market - By Surgery Type
1.3.5 Total Knee Replacement Market - By Material
1.3.6 Total Knee Replacement Market - By End User
1.3.7 Total Knee Replacement Market - By Region
1.3.7.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. TOTAL KNEE REPLACEMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. TOTAL KNEE REPLACEMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. TOTAL KNEE REPLACEMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. TOTAL KNEE REPLACEMENT - GLOBAL MARKET OVERVIEW
6.2. TOTAL KNEE REPLACEMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. TOTAL KNEE REPLACEMENT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. PRIMARY KNEE REPLACEMENT SYSTEMS
7.3.1. Overview
7.3.2. Primary Knee Replacement Systems Market Forecast and Analysis
7.4. REVISION KNEE REPLACEMENT SYSTEMS
7.4.1. Overview
7.4.2. Revision Knee Replacement Systems Market Forecast and Analysis
7.5. PARTIAL KNEE REPLACEMENT SYSTEMS
7.5.1. Overview
7.5.2. Partial Knee Replacement Systems Market Forecast and Analysis
8. TOTAL KNEE REPLACEMENT MARKET - REVENUE AND FORECASTS TO 2028 - DEVICE TYPE
8.1. OVERVIEW
8.2. DEVICE TYPE MARKET FORECASTS AND ANALYSIS
8.3. THREE-COMPARTMENTAL KNEE IMPLANTS
8.3.1. Overview
8.3.2. Three-compartmental Knee Implants Market Forecast and Analysis
8.4. BICOMPARTMENTAL KNEE IMPLANTS
8.4.1. Overview
8.4.2. Bicompartmental Knee Implants Market Forecast and Analysis
8.5. UNICOMPARTMENTAL KNEE IMPLANTS
8.5.1. Overview
8.5.2. Unicompartmental Knee Implants Market Forecast and Analysis
9. TOTAL KNEE REPLACEMENT MARKET - REVENUE AND FORECASTS TO 2028 - IMPLANT TYPE
9.1. OVERVIEW
9.2. IMPLANT TYPE MARKET FORECASTS AND ANALYSIS
9.3. FIXED-BEARING IMPLANTS
9.3.1. Overview
9.3.2. Fixed-Bearing Implants Market Forecast and Analysis
9.4. MOBILE-BEARING IMPLANTS
9.4.1. Overview
9.4.2. Mobile-Bearing Implants Market Forecast and Analysis
9.5. MEDIAL PIVOT IMPLANTS
9.5.1. Overview
9.5.2. Medial Pivot Implants Market Forecast and Analysis
10. TOTAL KNEE REPLACEMENT MARKET - REVENUE AND FORECASTS TO 2028 - SURGERY TYPE
10.1. OVERVIEW
10.2. SURGERY TYPE MARKET FORECASTS AND ANALYSIS
10.3. TRADITIONAL SURGERY TYPE
10.3.1. Overview
10.3.2. Traditional Surgery Type Market Forecast and Analysis
10.4. TECHNOLOGY ASSISTED SURGERY TYPE
10.4.1. Overview
10.4.2. Technology Assisted Surgery Type Market Forecast and Analysis
11. TOTAL KNEE REPLACEMENT MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
11.1. OVERVIEW
11.2. MATERIAL MARKET FORECASTS AND ANALYSIS
11.3. METAL-ON-PLASTIC
11.3.1. Overview
11.3.2. Metal-on-plastic Market Forecast and Analysis
11.4. CERAMIC-ON-PLASTIC
11.4.1. Overview
11.4.2. Ceramic-on-plastic Market Forecast and Analysis
11.5. CERAMIC-ON-CERAMIC
11.5.1. Overview
11.5.2. Ceramic-on-ceramic Market Forecast and Analysis
11.6. METAL-ON-METAL
11.6.1. Overview
11.6.2. Metal-on-metal Market Forecast and Analysis
12. TOTAL KNEE REPLACEMENT MARKET - REVENUE AND FORECASTS TO 2028 - END USER
12.1. OVERVIEW
12.2. END USER MARKET FORECASTS AND ANALYSIS
12.3. HOSPITALS
12.3.1. Overview
12.3.2. Hospitals Market Forecast and Analysis
12.4. AMBULATORY SURGICAL CENTERS
12.4.1. Overview
12.4.2. Ambulatory Surgical Centers Market Forecast and Analysis
13. TOTAL KNEE REPLACEMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
13.1. NORTH AMERICA
13.1.1 North America Total Knee Replacement Market Overview
13.1.2 North America Total Knee Replacement Market Forecasts and Analysis
13.1.3 North America Total Knee Replacement Market Forecasts and Analysis - By Product
13.1.4 North America Total Knee Replacement Market Forecasts and Analysis - By Device Type
13.1.5 North America Total Knee Replacement Market Forecasts and Analysis - By Implant Type
13.1.6 North America Total Knee Replacement Market Forecasts and Analysis - By Surgery Type
13.1.7 North America Total Knee Replacement Market Forecasts and Analysis - By Material
13.1.8 North America Total Knee Replacement Market Forecasts and Analysis - By End User
13.1.9 North America Total Knee Replacement Market Forecasts and Analysis - By Countries
13.1.9.1 United States Total Knee Replacement Market
13.1.9.1.1 United States Total Knee Replacement Market by Product
13.1.9.1.2 United States Total Knee Replacement Market by Device Type
13.1.9.1.3 United States Total Knee Replacement Market by Implant Type
13.1.9.1.4 United States Total Knee Replacement Market by Surgery Type
13.1.9.1.5 United States Total Knee Replacement Market by Material
13.1.9.1.6 United States Total Knee Replacement Market by End User
13.1.9.2 Canada Total Knee Replacement Market
13.1.9.2.1 Canada Total Knee Replacement Market by Product
13.1.9.2.2 Canada Total Knee Replacement Market by Device Type
13.1.9.2.3 Canada Total Knee Replacement Market by Implant Type
13.1.9.2.4 Canada Total Knee Replacement Market by Surgery Type
13.1.9.2.5 Canada Total Knee Replacement Market by Material
13.1.9.2.6 Canada Total Knee Replacement Market by End User
13.1.9.3 Mexico Total Knee Replacement Market
13.1.9.3.1 Mexico Total Knee Replacement Market by Product
13.1.9.3.2 Mexico Total Knee Replacement Market by Device Type
13.1.9.3.3 Mexico Total Knee Replacement Market by Implant Type
13.1.9.3.4 Mexico Total Knee Replacement Market by Surgery Type
13.1.9.3.5 Mexico Total Knee Replacement Market by Material
13.1.9.3.6 Mexico Total Knee Replacement Market by End User
13.2. EUROPE
13.2.1 Europe Total Knee Replacement Market Overview
13.2.2 Europe Total Knee Replacement Market Forecasts and Analysis
13.2.3 Europe Total Knee Replacement Market Forecasts and Analysis - By Product
13.2.4 Europe Total Knee Replacement Market Forecasts and Analysis - By Device Type
13.2.5 Europe Total Knee Replacement Market Forecasts and Analysis - By Implant Type
13.2.6 Europe Total Knee Replacement Market Forecasts and Analysis - By Surgery Type
13.2.7 Europe Total Knee Replacement Market Forecasts and Analysis - By Material
13.2.8 Europe Total Knee Replacement Market Forecasts and Analysis - By End User
13.2.9 Europe Total Knee Replacement Market Forecasts and Analysis - By Countries
13.2.9.1 Germany Total Knee Replacement Market
13.2.9.1.1 Germany Total Knee Replacement Market by Product
13.2.9.1.2 Germany Total Knee Replacement Market by Device Type
13.2.9.1.3 Germany Total Knee Replacement Market by Implant Type
13.2.9.1.4 Germany Total Knee Replacement Market by Surgery Type
13.2.9.1.5 Germany Total Knee Replacement Market by Material
13.2.9.1.6 Germany Total Knee Replacement Market by End User
13.2.9.2 France Total Knee Replacement Market
13.2.9.2.1 France Total Knee Replacement Market by Product
13.2.9.2.2 France Total Knee Replacement Market by Device Type
13.2.9.2.3 France Total Knee Replacement Market by Implant Type
13.2.9.2.4 France Total Knee Replacement Market by Surgery Type
13.2.9.2.5 France Total Knee Replacement Market by Material
13.2.9.2.6 France Total Knee Replacement Market by End User
13.2.9.3 Italy Total Knee Replacement Market
13.2.9.3.1 Italy Total Knee Replacement Market by Product
13.2.9.3.2 Italy Total Knee Replacement Market by Device Type
13.2.9.3.3 Italy Total Knee Replacement Market by Implant Type
13.2.9.3.4 Italy Total Knee Replacement Market by Surgery Type
13.2.9.3.5 Italy Total Knee Replacement Market by Material
13.2.9.3.6 Italy Total Knee Replacement Market by End User
13.2.9.4 Spain Total Knee Replacement Market
13.2.9.4.1 Spain Total Knee Replacement Market by Product
13.2.9.4.2 Spain Total Knee Replacement Market by Device Type
13.2.9.4.3 Spain Total Knee Replacement Market by Implant Type
13.2.9.4.4 Spain Total Knee Replacement Market by Surgery Type
13.2.9.4.5 Spain Total Knee Replacement Market by Material
13.2.9.4.6 Spain Total Knee Replacement Market by End User
13.2.9.5 United Kingdom Total Knee Replacement Market
13.2.9.5.1 United Kingdom Total Knee Replacement Market by Product
13.2.9.5.2 United Kingdom Total Knee Replacement Market by Device Type
13.2.9.5.3 United Kingdom Total Knee Replacement Market by Implant Type
13.2.9.5.4 United Kingdom Total Knee Replacement Market by Surgery Type
13.2.9.5.5 United Kingdom Total Knee Replacement Market by Material
13.2.9.5.6 United Kingdom Total Knee Replacement Market by End User
13.3. ASIA-PACIFIC
13.3.1 Asia-Pacific Total Knee Replacement Market Overview
13.3.2 Asia-Pacific Total Knee Replacement Market Forecasts and Analysis
13.3.3 Asia-Pacific Total Knee Replacement Market Forecasts and Analysis - By Product
13.3.4 Asia-Pacific Total Knee Replacement Market Forecasts and Analysis - By Device Type
13.3.5 Asia-Pacific Total Knee Replacement Market Forecasts and Analysis - By Implant Type
13.3.6 Asia-Pacific Total Knee Replacement Market Forecasts and Analysis - By Surgery Type
13.3.7 Asia-Pacific Total Knee Replacement Market Forecasts and Analysis - By Material
13.3.8 Asia-Pacific Total Knee Replacement Market Forecasts and Analysis - By End User
13.3.9 Asia-Pacific Total Knee Replacement Market Forecasts and Analysis - By Countries
13.3.9.1 Australia Total Knee Replacement Market
13.3.9.1.1 Australia Total Knee Replacement Market by Product
13.3.9.1.2 Australia Total Knee Replacement Market by Device Type
13.3.9.1.3 Australia Total Knee Replacement Market by Implant Type
13.3.9.1.4 Australia Total Knee Replacement Market by Surgery Type
13.3.9.1.5 Australia Total Knee Replacement Market by Material
13.3.9.1.6 Australia Total Knee Replacement Market by End User
13.3.9.2 China Total Knee Replacement Market
13.3.9.2.1 China Total Knee Replacement Market by Product
13.3.9.2.2 China Total Knee Replacement Market by Device Type
13.3.9.2.3 China Total Knee Replacement Market by Implant Type
13.3.9.2.4 China Total Knee Replacement Market by Surgery Type
13.3.9.2.5 China Total Knee Replacement Market by Material
13.3.9.2.6 China Total Knee Replacement Market by End User
13.3.9.3 India Total Knee Replacement Market
13.3.9.3.1 India Total Knee Replacement Market by Product
13.3.9.3.2 India Total Knee Replacement Market by Device Type
13.3.9.3.3 India Total Knee Replacement Market by Implant Type
13.3.9.3.4 India Total Knee Replacement Market by Surgery Type
13.3.9.3.5 India Total Knee Replacement Market by Material
13.3.9.3.6 India Total Knee Replacement Market by End User
13.3.9.4 Japan Total Knee Replacement Market
13.3.9.4.1 Japan Total Knee Replacement Market by Product
13.3.9.4.2 Japan Total Knee Replacement Market by Device Type
13.3.9.4.3 Japan Total Knee Replacement Market by Implant Type
13.3.9.4.4 Japan Total Knee Replacement Market by Surgery Type
13.3.9.4.5 Japan Total Knee Replacement Market by Material
13.3.9.4.6 Japan Total Knee Replacement Market by End User
13.3.9.5 South Korea Total Knee Replacement Market
13.3.9.5.1 South Korea Total Knee Replacement Market by Product
13.3.9.5.2 South Korea Total Knee Replacement Market by Device Type
13.3.9.5.3 South Korea Total Knee Replacement Market by Implant Type
13.3.9.5.4 South Korea Total Knee Replacement Market by Surgery Type
13.3.9.5.5 South Korea Total Knee Replacement Market by Material
13.3.9.5.6 South Korea Total Knee Replacement Market by End User
13.4. MIDDLE EAST AND AFRICA
13.4.1 Middle East and Africa Total Knee Replacement Market Overview
13.4.2 Middle East and Africa Total Knee Replacement Market Forecasts and Analysis
13.4.3 Middle East and Africa Total Knee Replacement Market Forecasts and Analysis - By Product
13.4.4 Middle East and Africa Total Knee Replacement Market Forecasts and Analysis - By Device Type
13.4.5 Middle East and Africa Total Knee Replacement Market Forecasts and Analysis - By Implant Type
13.4.6 Middle East and Africa Total Knee Replacement Market Forecasts and Analysis - By Surgery Type
13.4.7 Middle East and Africa Total Knee Replacement Market Forecasts and Analysis - By Material
13.4.8 Middle East and Africa Total Knee Replacement Market Forecasts and Analysis - By End User
13.4.9 Middle East and Africa Total Knee Replacement Market Forecasts and Analysis - By Countries
13.4.9.1 South Africa Total Knee Replacement Market
13.4.9.1.1 South Africa Total Knee Replacement Market by Product
13.4.9.1.2 South Africa Total Knee Replacement Market by Device Type
13.4.9.1.3 South Africa Total Knee Replacement Market by Implant Type
13.4.9.1.4 South Africa Total Knee Replacement Market by Surgery Type
13.4.9.1.5 South Africa Total Knee Replacement Market by Material
13.4.9.1.6 South Africa Total Knee Replacement Market by End User
13.4.9.2 Saudi Arabia Total Knee Replacement Market
13.4.9.2.1 Saudi Arabia Total Knee Replacement Market by Product
13.4.9.2.2 Saudi Arabia Total Knee Replacement Market by Device Type
13.4.9.2.3 Saudi Arabia Total Knee Replacement Market by Implant Type
13.4.9.2.4 Saudi Arabia Total Knee Replacement Market by Surgery Type
13.4.9.2.5 Saudi Arabia Total Knee Replacement Market by Material
13.4.9.2.6 Saudi Arabia Total Knee Replacement Market by End User
13.4.9.3 U.A.E Total Knee Replacement Market
13.4.9.3.1 U.A.E Total Knee Replacement Market by Product
13.4.9.3.2 U.A.E Total Knee Replacement Market by Device Type
13.4.9.3.3 U.A.E Total Knee Replacement Market by Implant Type
13.4.9.3.4 U.A.E Total Knee Replacement Market by Surgery Type
13.4.9.3.5 U.A.E Total Knee Replacement Market by Material
13.4.9.3.6 U.A.E Total Knee Replacement Market by End User
13.5. SOUTH AND CENTRAL AMERICA
13.5.1 South and Central America Total Knee Replacement Market Overview
13.5.2 South and Central America Total Knee Replacement Market Forecasts and Analysis
13.5.3 South and Central America Total Knee Replacement Market Forecasts and Analysis - By Product
13.5.4 South and Central America Total Knee Replacement Market Forecasts and Analysis - By Device Type
13.5.5 South and Central America Total Knee Replacement Market Forecasts and Analysis - By Implant Type
13.5.6 South and Central America Total Knee Replacement Market Forecasts and Analysis - By Surgery Type
13.5.7 South and Central America Total Knee Replacement Market Forecasts and Analysis - By Material
13.5.8 South and Central America Total Knee Replacement Market Forecasts and Analysis - By End User
13.5.9 South and Central America Total Knee Replacement Market Forecasts and Analysis - By Countries
13.5.9.1 Brazil Total Knee Replacement Market
13.5.9.1.1 Brazil Total Knee Replacement Market by Product
13.5.9.1.2 Brazil Total Knee Replacement Market by Device Type
13.5.9.1.3 Brazil Total Knee Replacement Market by Implant Type
13.5.9.1.4 Brazil Total Knee Replacement Market by Surgery Type
13.5.9.1.5 Brazil Total Knee Replacement Market by Material
13.5.9.1.6 Brazil Total Knee Replacement Market by End User
13.5.9.2 Argentina Total Knee Replacement Market
13.5.9.2.1 Argentina Total Knee Replacement Market by Product
13.5.9.2.2 Argentina Total Knee Replacement Market by Device Type
13.5.9.2.3 Argentina Total Knee Replacement Market by Implant Type
13.5.9.2.4 Argentina Total Knee Replacement Market by Surgery Type
13.5.9.2.5 Argentina Total Knee Replacement Market by Material
13.5.9.2.6 Argentina Total Knee Replacement Market by End User
14. IMPACT OF COVID-19 PANDEMIC ON GLOBAL TOTAL KNEE REPLACEMENT MARKET
14.1 North America
14.2 Europe
14.3 Asia-Pacific
14.4 Rest of the World
15. INDUSTRY LANDSCAPE
15.1. MERGERS AND ACQUISITIONS
15.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
15.3. NEW PRODUCT LAUNCHES
15.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
16. TOTAL KNEE REPLACEMENT MARKET, KEY COMPANY PROFILES
16.1. STRYKER
16.1.1. Key Facts
16.1.2. Business Description
16.1.3. Products and Services
16.1.4. Financial Overview
16.1.5. SWOT Analysis
16.1.6. Key Developments
16.2. ZIMMER BIOMET
16.2.1. Key Facts
16.2.2. Business Description
16.2.3. Products and Services
16.2.4. Financial Overview
16.2.5. SWOT Analysis
16.2.6. Key Developments
16.3. B. BRAUN
16.3.1. Key Facts
16.3.2. Business Description
16.3.3. Products and Services
16.3.4. Financial Overview
16.3.5. SWOT Analysis
16.3.6. Key Developments
16. TOTAL KNEE REPLACEMENT MARKET, KEY COMPANY PROFILES
16.1. STRYKER
16.1.1. Key Facts
16.1.2. Business Description
16.1.3. Products and Services
16.1.4. Financial Overview
16.1.5. SWOT Analysis
16.1.6. Key Developments
16.2. ZIMMER BIOMET
16.2.1. Key Facts
16.2.2. Business Description
16.2.3. Products and Services
16.2.4. Financial Overview
16.2.5. SWOT Analysis
16.2.6. Key Developments
16.3. B. BRAUN
16.3.1. Key Facts
16.3.2. Business Description
16.3.3. Products and Services
16.3.4. Financial Overview
16.3.5. SWOT Analysis
16.3.6. Key Developments
1. STRYKER
2. ZIMMER BIOMET
3. B. BRAUN
4. CONFORMIS, INC.
5. SMITH AND NEPHEW
6. MEDACTA
7. DEPUY SYNTHES
8. EXACTECH, INC.
9. MICROPORT SCIENTIFIC CORPORATION
10. CORIN GROUP
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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