Comprehensive Analysis of the Knee Implants Market 2025-2034: Growth Rates, Trends, and Future Opportunities
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How has the knee implants market grown in recent years?
The market size for knee implants has been on a consistent growth trajectory in the past few years. The market which was valued at $11.64 billion in 2024 is expected to rise to $12.18 billion in 2025, showing a compound annual growth rate (CAGR) of 4.7%. The upward trend during the historical period has been attributed to factors such as the increasing older population, prevalent cases of osteoarthritis, advancements in the materials used for implants, growing acceptance of less invasive surgical procedures, and the general level of patient awareness and education programs.
How is the knee implants market size expected to evolve during the forecast period?
The market for knee implants is anticipated to experience a robust expansion in the coming years. It is projected to surge to “$15.73 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 6.6%. The increase in the forecast period is due to the emergence of personalized and customized implants, escalation in sports-associated injuries, growth in worldwide health spending, progress in robotic-assisted operations, increasing obesity statistics, and emphasis on outpatient and ambulatory surgical centers. Prominent trends during the prediction period encompass patient-tailored implants, minimally invasive surgery (mis), intelligent implants, integration of internet of things (IoT), biocompatible materials, surface technologies, and outpatient knee replacement operations.
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Which key drivers are propelling the knee implants market’s growth?
The surge in orthopedic ailments is slated to stimulate the expansion of the knee implant market. The term ‘orthopedic disorders’ signifies diseases or damages impacting the musculoskeletal framework comprising bones, joints, muscles, ligaments, and tendons. Those afflicted with orthopedic disorders can mitigate pain and disability by substituting the afflicted knee joint surfaces with knee implants. As such, the mounting incidence of orthopedic disorders is anticipated to buoy up the knee implant market. For example, a study conducted by the Centers for Disease Control and Prevention, an American national public health organization, estimates that in 2023, 25.9% of the predicted total mature populace, or 78.4 million individuals aged 18 or above, are expected to be suffering from arthritis by 2040. An additional 34.6 million people (43.2% of adults with arthritis or 11.4% of all US adults) are likely to face activity limitations due to arthritis by 2040. Consequently, the escalating occurrence of orthopedic ailments is propelling the knee implants market’s growth.
What are the market segments in the knee implants industry?
The knee implants market covered in this report is segmented –
1) By Product: Total Knee Replacement, Partial Knee Replacement, Revision Knee Replacement
2) By Component Type: Fixed-Bearing Implants, Mobile-Bearing Implants
3) By Material: Stainless Steel, Cobalt-Chromium Alloys, Titanium Alloys, Polyethylene, Ceramics, Other Materials
4) By Fixation Type: Cemented, Cementless, Hybrid
5) By End User: Hospitals And Orthopedic Clinics, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Total Knee Replacement: Fixed-Bearing Implants, Mobile-Bearing Implants, Gender-Specific Implants
2) By Partial Knee Replacement: Medial Unicompartmental Knee Replacement, Lateral Unicompartmental Knee Replacement, Patellofemoral Replacement
3) By Revision Knee Replacement: Revision Of Total Knee Replacement, Revision Of Partial Knee Replacement, Augmented Revision Implants
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Which leading companies are shaping the growth of the knee implants market?
Major companies operating in the knee implants market include Johnson & Johnson Services Inc., Zimmer Biomet, Stryker Corporation, Smith+Nephew PLC, Aesculap Inc., Exatech Inc., MicroPort Scientific Corp., CONMED Corporation, Conformis Inc., Corin Group, Medacta International, B. Braun SE, ARTIQO GmbH, Arthrex Inc., Enovis Corp., Hospital for Special Surgery, Medtronic plc, LimaCorporate S.p.A., Physica system Trabecular Titanium, SurgTech Inc., Waldemar Link GmbH & Co KG, Engage Surgical LLC, CORI Medical Ltd., Wright Medical Group Inc, Biomet Inc., Kyocera Medical Technologies Inc, DJO Global, OrthoPedic Implant Xperts, CORENTEC Co. Ltd.
What key trends are currently impacting the knee implants market’s development?
Emerging technology is a prevailing trend in the knee implant market. Major players in this market are prioritizing the development of surgical robotics to enhance accuracy and efficiency in knee replacement procedures, improve patient results, and decrease recovery periods. Surgical robotics involves using sophisticated systems and instruments to aid doctors in conducting complex procedures with superior control, precision, and versatility. In a notable example from June 2024, Meril, a medical tech company in India, unveiled MISSO. MISSO is a robotic system created to improve knee implant surgeries by offering automated bone resections that bypass the need for conventional cutting guides. Using cutting-edge technology, the system enables customized 3D preoperative planning that suits each patient’s distinct anatomy, ensuring ideal implant positioning and better surgical results. In addition to reducing human error, the system heightens patient safety and hastens recovery times with its capacity to monitor and adjust in real time during operations.
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Which geographic areas are influencing the growth of the knee implants market?
North America was the largest region in the knee implant market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global knee implants market report during the forecast period. The regions covered in the knee implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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