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.
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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