Knee Implant Market Scope and Analysis by 2030
Knee Implant Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 12.97 Billion |
Market Size by 2030 | US$ 18.90 Billion |
Global CAGR (2022 - 2030) | 4.82% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Type of Procedures
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industry Developments and Future Opportunities:
A few initiatives taken by key players operating in the global knee implant market are listed below:
- In October 2023, the first KA-optimized femoral component for total knee replacement, GMK SpheriKA, was released by Medacta Group S.A. This Swiss firm offers cutting-edge, customized, and sustainable solutions for sports medicine, spine surgery, and joint replacement.
- In November 2021, Zimmer Biomet Holdings, Inc. received FDA 510(k) clearance for Persona OsseoTi Keel Tibia for cementless knee replacement in the US.
Competitive Landscape and Key Companies:
Zimmer Biomet; CONMED; Stryker; Smith and Nephew; DePuy Synthes; Aesculap Implants Systems, LLC; Medacta; Exactech, Inc.; MicroPort Scientific; Kinamed, Inc.; ConforMIS; and OMNIlife science, Inc. are a few key companies operating in the knee implant market report. These companies focus on expanding their offerings to meet the growing consumer demand worldwide. Their global presence allows them to serve many customers, subsequently allowing them to expand their market presence.