The Knee Implants Global Market Report 2023, provides comprehensive information on the knee implants market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Knee Implants Global Market Report 2023, the market size is expected to grow from $10.87 billion in 2022 to $11.39 billion in 2023 at a compound annual growth rate (CAGR) of 4.72%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global knee implants market size is expected to reach $13.91 billion in 2027 at a CAGR of 5.14%.
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Technological advancements are a key trend gaining popularity in the knee implants market. Major companies operating in the knee implants market are focusing on developing new technologies to sustain their position in the market. For instance, in August 2021, Zimmer Biomet, a US-based medical technology company, and Canary Medical Inc., a US-based medical data company, launched the Persona IQ® knee implant, the world’s first and only smart knee implant for total knee replacement surgery. Persona IQ’s unique feature is that it combines Zimmer Biomet’s proven and trusted knee implant, Persona® The Personalized Knee®, with Canary Medical’s proprietary implantable canturioTMte tibial extension sensor technology that measures and determines range of motion, step count, walking speed, and other gait metrics.
The knee implants market 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
North America was the largest region in the knee implants market in 2022.
The table of contents in TBRC’s knee implants market report includes:
1. Executive Summary
2. Knee Implants Market Characteristics
3. Knee Implants Market Trends And Strategies
4. Knee Implants Market – Macro Economic Scenario
5. Knee Implants Market Size And Growth
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26. Africa Knee Implants Market
27. Knee Implants Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Knee Implants Market
29. Knee Implants Market Future Outlook and Potential Analysis
30. Appendix
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