Global Cementless Total Knee Arthroplasty Market

Cementless Total Knee Arthroplasty Market Size, Share, Growth Analysis, By Product(Mobile Bearing and Fixed Bearing), By Implant Design(Monoblock, Modular, and Hybrid), By End User(Hospitals, Speciality Clinics, Ambulatory Surgery Centres, and Others), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35A2940 | Region: Global | Published Date: October, 2024
Pages: 218 | Tables: 89 | Figures: 67

Cementless Total Knee Arthroplasty Market Regional Insights

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.

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Global Cementless Total Knee Arthroplasty Market was valued at USD 2.3 Billion in 2022 and is expected to rise from USD 2.47 Billion in 2023 to USD 4.37 Billion by 2031, at a CAGR of 7.4% during the forecast period (2024–2031).

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. 'Zimmer Biomet', 'Smith & Nephew plc', 'Stryker Corporation', 'Group FH Ortho', 'DePuy Synthes', 'Johnson & Johnson', 'Corin Group plc', 'B. Braun Melsungen AG', 'Waldemar Link GmbH and Co. KG', 'United Orthopedic Corporation ', 'Microport Scientific Corp.'

Senior citizens or people considered in the geriatric population are increasing around the world due to increased life expectancy. These people have weak bones and joints that are more prone to orthopedic disorders, thereby this sect of population is more likely to undergo cementless total knee arthroplasty surgeries and drive market growth.

Development of Patient Specific Implants: Personalization of implants is not a new concept, but it surely is a novel one for cementless total knee arthroplasty companies. As demand for personalized healthcare increases, cementless total knee arthroplasty companies can also focus on the development of patient-specific implants to improve the success rate of procedure and boost market growth in the future.

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.

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Global Cementless Total Knee Arthroplasty Market

Report ID: SQMIG35A2940

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