The revision knee replacement market is likely to rise to US$ 1.3 Billion in 2022. The revision knee replacement market is estimated to reach US$ 2 Billion with a CAGR of 4.1% by 2032.
| Report Attribute | Details |
|---|---|
| Revision Knee Replacement Market Value (2022) | US$ 1.3 Billion |
| Revision Knee Replacement Market Anticipated Forecast Value (2032) | US$ 2 Billion |
| Revision Knee Replacement Market Projected Growth Rate (2022 to 2032) | 4.1% |
Demand for revision knee replacement is likely to rise among elder patients to implant the artificial knee joint or replace it with a new prosthesis. This is likely to grow the revision knee replacement market share. Through these processes, the patient easily and comfortably replaces their damaged knee and is regarded to raise the adoption of revision knee replacement in the coming years.
Rising the adoption of revision knee replacement also includes the use of bone grafts. The bone graft can be an auto-graft that is taken from the site in the patient’s body or an allograft where the bone tissue comes from a donor.
These factors are helping in knee replacement which is anticipated to increase the revised knee replacement market share during the forecast period. There are three major purposes in the revision of knee replacement that is relieving pain in the affected area, restoring mobility, and removing damaged prosthesis.
Total knee replacement surgery is the most successful, but over time if it fails due to various reasons, then revision knee replacement is done. Such advantages lead to an increase in the adoption of revision knee replacement in the health sectors across the countries. Revision knee replacement also relieves the pain and improves function in different ways as another advantage that would boost the demand for revision knee replacement during the projection period.
Revision knee replacement surgeries are more complex and take longer time, and extensive planning and specialized implants and tools are required to achieve finer results. These surgeries are increasingly getting adopted by the patient to recover from knee replacement more easily and are strengthening the revision knee replacement market share.
There is various type of revision surgery, but in certain cases, only implants are replaced, making it the largest segment and are anticipated to grow the revision knee replacement market size. In other cases, the tibia, femoral and patellar components need to be replaced, and bone around the knee needs to rebuild with the metal piece. This segment is anticipated to attract some greater revenue for the global revision knee replacement market during the forecast period.
In revision surgery, the old femoral component is removed carefully, and the damaged bone is scraped off. After that, the femur bone is reshaped. If the bone is weak, the cavity inside the femur is filled with bone grafts. This long and safe process is suitable for such patients that have boosted the demand for revision knee replacement across all economies.
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The revision of knee replacement market opportunities is expected to grow due to the increasing rate of old age diseases like obesity, arthritis, sports-related injuries, osteoporosis, and diabetes. These opportunities are likely to raise the revised knee replacement market share during the forecast period.
However, existing and upcoming advancements such as minimally invasive surgery and better implant materials are expected to drive the revision knee replacement market demand globally. Increasing investment in the healthcare sector is also expected to supplement the revision knee replacement market size during the forecast period.
Despite the widely used procedures for curing diseases by the revision knee replacement, it is facing challenges, including economic slowdown. This can restrain the revision knee replacement market growth to some degree. High-cost surgery and growing non-surgical treatment methods such as exercise, walking aids, and weight loss may also affect the revision knee replacement market trends.
Also, some patients reconsider elective surgeries during conservative medical treatments such as visco-supplementation to ease the pain. This option has also emerged as another factor that may decline the revision knee replacement market share in the future.
North America dominates the global revision knee replacement market by acquiring 46.4% of the total share in the current year, 2022.
Due to high patient awareness, increasing healthcare expenditure, and advancements in technology, the revision knee replacement market opportunities have increased over these years. As per the revised knee replacement market survey, the market is predicted to strengthen during the forecast period with import restrictions placed by regional countries around the globe.
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The net worth of the Europe revision knee replacement market acquired 28.6% of the global share as per the revision knee replacement market report.
The Europe region is estimated to be the second largest revision knee replacement market size after North America. Due to the increasing prevalence and rapid booming in the medical tourism industry are rising the revision knee replacement market growth in the region.
Some of the key players in the Revision Knee Replacement Market are Smith & Nephew Plc, Wright Medical Group, Inc, Zimmer Holdings, Biomet, Inc., Exactech, Stryker Corporation, DePuy Companies, Inc, B. Braun Melsungen AG, DJO Global, Ortho Development, LimaCorporate S.p.a., SURGICAL INTERNATIONAL, and BEZNOSKA among others. Whereas some regional players also have a significant presence in the revision knee replacement market.
The revision knee replacement start-up companies are using various new innovative equipment for painless surgeries. Day by day their innovation are surging up in the medical field with their fast and secure treatments.
The key playing industries are focusing on their goal of using various appropriate tactics to expand the revision knee replacement market growth. Some of the methods are mergers, acquisitions, product launches, acquisitions, and partnerships among others.
Recent Developments in the Revision Knee Replacement Market are:
One orthopedic start-up company named Monogram is reinventing surgical robots and implants. The company uses its advanced technology by leveraging excellent imaging, machine learning, pre-operative plans, and 3D-printed implants with the help of advanced surgical robots.
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| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.1% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in US$ Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Product Type, Fixation Type, End Users, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
| Key Countries Profiled | United States of America, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
| Key Companies Profiled | Smith & Nephew Plc; Wright Medical Group, Inc; Zimmer Holdings; Biomet, Inc.; Exactech; Stryker Corporation; DePuy Companies, Inc; B. Braun Melsungen AG; DJO Global; Ortho Development; Limacorporate S.p.a.; SURGIVAL INTERNATIONAL; BEZNOSKA |
| Customization | Available Upon Request |
The revised knee replacement market is likely to grow at 4.1% through 2032.
The North American region holds 46.4% of the revision knee replacement market.
The revised knee replacement market worth US$ 1.3 Billion in 2022.
The revised knee replacement market is likely to reach US$ 2 Billion by 2032.
1. Executive Summary | Revision Knee Replacement Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 4.1. Historical Market Size Value (US$ Million) Analysis, 2017 to 2021 4.2. Current and Future Market Size Value (US$ Million) Projections, 2022 to 2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute Opportunity Analysis 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Product Type, 2017 to 2021 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Product Type, 2022 to 2032 5.3.1. Three Compartmental 5.3.2. Unicompartmental 5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017 to 2021 5.5. Absolute Opportunity Analysis By Product Type, 2022 to 2032 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Fixation Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By Fixation Type, 2017 to 2021 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Fixation Type, 2022 to 2032 6.3.1. Cemented 6.3.2. Cementless 6.4. Y-o-Y Growth Trend Analysis By Fixation Type, 2017 to 2021 6.5. Absolute Opportunity Analysis By Fixation Type, 2022 to 2032 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End User 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) Analysis By End User, 2017 to 2021 7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End User, 2022 to 2032 7.3.1. Hospitals 7.3.2. Orthopedic and Prosthetic Clinics 7.3.3. Others 7.4. Y-o-Y Growth Trend Analysis By End User, 2017 to 2021 7.5. Absolute Opportunity Analysis By End User, 2022 to 2032 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2017 to 2021 8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2022 to 2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. Middle East and Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021 9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032 9.2.1. By Country 9.2.1.1. United States of America 9.2.1.2. Canada 9.2.2. By Product Type 9.2.3. By Fixation Type 9.2.4. By End User 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Product Type 9.3.3. By Fixation Type 9.3.4. By End User 9.4. Key Takeaways 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Product Type 10.2.3. By Fixation Type 10.2.4. By End User 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Product Type 10.3.3. By Fixation Type 10.3.4. By End User 10.4. Key Takeaways 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. United Kingdom 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Product Type 11.2.3. By Fixation Type 11.2.4. By End User 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Product Type 11.3.3. By Fixation Type 11.3.4. By End User 11.4. Key Takeaways 12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2017 to 2021 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Rest of Asia Pacific 12.2.2. By Product Type 12.2.3. By Fixation Type 12.2.4. By End User 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Product Type 12.3.3. By Fixation Type 12.3.4. By End User 12.4. Key Takeaways 13. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13.1. Historical Market Size Value (US Million) Trend Analysis By Market Taxonomy, 2017 to 2021 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2022 to 2032 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of Middle East and Africa 13.2.2. By Product Type 13.2.3. By Fixation Type 13.2.4. By End User 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Product Type 13.3.3. By Fixation Type 13.3.4. By End User 13.4. Key Takeaways 14. Key Countries Market Analysis 14.1. United States of America 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2021 14.1.2.1. By Product Type 14.1.2.2. By Fixation Type 14.1.2.3. By End User 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2021 14.2.2.1. By Product Type 14.2.2.2. By Fixation Type 14.2.2.3. By End User 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2021 14.3.2.1. By Product Type 14.3.2.2. By Fixation Type 14.3.2.3. By End User 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2021 14.4.2.1. By Product Type 14.4.2.2. By Fixation Type 14.4.2.3. By End User 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2021 14.5.2.1. By Product Type 14.5.2.2. By Fixation Type 14.5.2.3. By End User 14.6. United Kingdom 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2021 14.6.2.1. By Product Type 14.6.2.2. By Fixation Type 14.6.2.3. By End User 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2021 14.7.2.1. By Product Type 14.7.2.2. By Fixation Type 14.7.2.3. By End User 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2021 14.8.2.1. By Product Type 14.8.2.2. By Fixation Type 14.8.2.3. By End User 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2021 14.9.2.1. By Product Type 14.9.2.2. By Fixation Type 14.9.2.3. By End User 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2021 14.10.2.1. By Product Type 14.10.2.2. By Fixation Type 14.10.2.3. By End User 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2021 14.11.2.1. By Product Type 14.11.2.2. By Fixation Type 14.11.2.3. By End User 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2021 14.12.2.1. By Product Type 14.12.2.2. By Fixation Type 14.12.2.3. By End User 14.13. GCC Countries 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2021 14.13.2.1. By Product Type 14.13.2.2. By Fixation Type 14.13.2.3. By End User 14.14. South Africa 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2021 14.14.2.1. By Product Type 14.14.2.2. By Fixation Type 14.14.2.3. By End User 14.15. Israel 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2021 14.15.2.1. By Product Type 14.15.2.2. By Fixation Type 14.15.2.3. By End User 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Product Type 15.3.3. By Fixation Type 15.3.4. By End User 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Smith & Nephew Plc 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.2. Wright Medical Group 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.3. Zimmer Holdings 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.4. Biomet 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.5. Exactech 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.6. Stryker Corporation 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.7. DePuy Companies 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.8. B. Braun Melsungen AG 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.9. DJO Global 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.10. Ortho Development 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.11. Lima Corporate 16.1.11.1. Overview 16.1.11.2. Product Portfolio 16.1.11.3. Profitability by Market Segments 16.1.11.4. Sales Footprint 16.1.11.5. Strategy Overview 16.1.11.5.1. Marketing Strategy 16.1.12. Survival International 16.1.12.1. Overview 16.1.12.2. Product Portfolio 16.1.12.3. Profitability by Market Segments 16.1.12.4. Sales Footprint 16.1.12.5. Strategy Overview 16.1.12.5.1. Marketing Strategy 16.1.13. Beznoska 16.1.13.1. Overview 16.1.13.2. Product Portfolio 16.1.13.3. Profitability by Market Segments 16.1.13.4. Sales Footprint 16.1.13.5. Strategy Overview 16.1.13.5.1. Marketing Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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Revision Knee Replacement Market
