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