USD 2.3 Billion
Report ID:
SQMIG35A2965 |
Region:
Global |
Published Date: November, 2024
Pages:
218
|Tables:
89
|Figures:
67
Cementless Total Knee Arthroplasty Market size was valued at USD 2.47 Billion in 2023 and is poised to grow from USD 2.65 Billion in 2024 to USD 4.69 Billion by 2032, growing at a CAGR of 7.4% during the forecast period (2025-2032).
Rising incidence of trauma injuries and joint disorders are projected to primarily bolster the demand for cementless total knee arthroplasty over the coming years. Rapidly expanding geriatric population is also expected to be a major contributor to cementless total knee arthroplasty market growth going forward. Increasing investments in the development of novel orthopedic implants and treatment technologies coupled with advancements in material technologies will also create new opportunities for cementless total knee arthroplasty providers in the future. Growing preference and popularity of minimally invasive surgeries, increasing healthcare expenditure, and rising volume of knee replacement surgeries are also forecasted to bolster cementless total knee arthroplasty demand across the study period and beyond. On the contrary, high costs of cementless implants, post-surgery complications, and low data on long-term usage are key factors that could slow down cementless total knee arthroplasty market development potential in the long run.
Global Market Size
USD 2.3 Billion
Largest Segment
Hospitals
Fastest Growth
Ceramics
Growth Rate
7.4%
To get more reports on the above market click here to Buy The Report
Global Cementless Total Knee Arthroplasty Market is segmented by Product, Implant Design, Material, End user and region. Based on Product, the market is segmented into Mobile Bearing and Fixed Bearing. Based on Implant Design, the market is segmented into Monoblock, Modular, and Hybrid. Based on Material, the market is segmented into Ceramics, Alloy, and Others. Based on end user, the market is segmented into Hospitals, Speciality Clinics, Ambulatory Surgery Centres, and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Implant Design
Monoblock implants are projected to account for a significant share of the global cementless total knee arthroplasty market. Better stability and lower risk of loosening and complications over the long run is what helps the popularity of monoblock implants. Also, the implant is one whole structure, further reducing the risk of single component failure for patients going forward.
On the other hand, the hybrid segment is projected to emerge as the fastest growing one in the market across the study period and beyond. These implants provide the benefits of monoblock and modular implants thereby making them the best of both worlds. High flexibility and better reliability as compared to other types of designs is what is projected to make this a highly opportune segment for cementless total knee arthroplasty companies.
Analysis by End User
Hospitals are predicted to account for a major chunk of global cementless total knee arthroplasty demand outlook in the future. Increasing number of knee replacement and orthopedic surgeries being performed in hospitals and growing availability of novel treatments are helping this segment maintain its dominance. The presence of proper pre-op and post-op care facilities in hospitals will also promote cementless total knee arthroplasty demand in this segment going forward.
Meanwhile, the demand for cementless total knee arthroplasty in ambulatory surgical centers is projected to surge at an impressive pace across the forecast period and beyond. Increasing cases of trauma and accidents requiring emergency knee replacement or other types of orthopedic surgeries will promote the use of cementless total knee arthroplasty in this segment. Growing investments in broadening the scope of ambulatory surgical centers will also bolster cementless total knee arthroplasty market growth in the future.
To get detailed analysis on other segments, Request For Free Sample Report
North America is projected to account for a dominant share of the global cementless total knee arthroplasty market. The presence of a large geriatric population coupled with the high adoption of minimally invasive surgeries helps this region maintain its high market share. High healthcare spending potential, rising availability of novel cementless total knee arthroplasty treatments, and increasing acceptance of novel procedures among patients will also create new opportunities for cementless total knee arthroplasty providers operating in this region. Canada and the United States are slated to be the top markets for cementless total knee arthroplasty companies in the North American region through 2031 and beyond.
Rapidly increasing senescent population and rising orthopedic disorders are making the Asia Pacific region the fastest growing market for cementless total knee arthroplasty companies. Increasing investments in healthcare infrastructure development, rising availability of cementless total knee arthroplasty, and growing patient spending potential also creating new business scope for market players. Japan will be an especially opportune market as its geriatric population becomes the largest in the world. India, China, and South Korea are other markets where the demand for cementless total knee arthroplasty will shine bright in the future.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Drivers
Increasing Aging Population
Preference for Minimally Invasive Procedures
Restraints
Limited Knowledge Regarding Long Term Use
High Costs of Cementless Total Knee Arthroplasty
Request Free Customization of this report to help us to meet your business objectives.
Developing affordable and advanced cementless total knee arthroplasty will be the prime focus of new as well as established companies in the future. Cementless total knee arthroplasty providers can also maximize their business scope by riding the wave of minimally invasive surgery popularity going forward. Investing in research and development will be an unmissable strategy for all cementless total knee arthroplasty companies working in this market. Emerging countries will provide attractive growth opportunities for cementless total knee arthroplasty suppliers in the long run.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the growing geriatric population and rising demand for knee replacement surgeries are slated to bolster cementless total knee arthroplasty market growth over the coming years. On the contrary, limited data on long-term usage and high costs are expected to slow down cementless total knee arthroplasty demand outlook. The presence of developed healthcare infrastructure helps North America to hold a dominant share of the global cementless total knee arthroplasty market through 2031. Creating patient-specific implants will be a major trend for all cementless total knee arthroplasty providers in the long run.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 2.3 Billion |
Market size value in 2031 | USD 4.37 Billion |
Growth Rate | 7.4% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Cementless Total Knee Arthroplasty Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Cementless Total Knee Arthroplasty Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Cementless Total Knee Arthroplasty Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Cementless Total Knee Arthroplasty Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG35A2965
sales@skyquestt.com
USA +1 351-333-4748