Knee Replacement Market Research Report - Global Forecast till 2030

Knee Replacement Market Research Report: Information by Product Type (Total Knee Reconstructive Implants, Partial Knee Reconstructive Implants, Revision Knee Reconstructive Implants), Material (Metal Alloy, Ceramic Material, Strong Plastic Parts and Others), End User (Hospitals and Clinics, Specialty Centers, and Rehabilitation Centers), and Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa)—Forecast till 2030

ID: MRFR/MED/1049-HCR | | Region: Global | 105 Pages         

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Knee Replacement Market Overview

The knee replacement market is projected to reach USD 10.63 Billion by 2030 at 7.6% CAGR during the forecast period 2022-2030. Knee replacements help relieve pain and restore the function of the knee joint in severe illness. This procedure removes damaged bone and cartilage from the femur, tibia, and patella and replaces them with artificial joints made of metal alloys, high-quality plastics, and polymers. The demand for this surgery is expected to increase during the forecast period due to the increased prevalence of arthritis such as osteoarthritis, psoriatic arthritis, rheumatoid arthritis, and the growing elderly population.

 In addition, increased technological advances such as minimally invasive surgery and the availability of better implant materials are expected to drive the growth of the knee replacement surgery market. Established player attention to expanding the customer base by obtaining product approvals, launching new products, and offering innovative and technologically advanced products are the main factors driving the market growth. Includes heightening. In addition, the increasing prevalence of arthritis types is expected to boost the growth of the global total Knee Replacement Market shortly.

COVID-19 Analysis

The impact of the COVID-19 knee replacement market was drastic. The outbreak of the disease various markets around the world faced huge losses. The major concerns of the health sector shifted to handle the patients which were affected by the diseases. Hence, other several medical operations were halted for a very long period. Various economies around the world were forced into recession. However, it is expected that in the upcoming years, if the pandemic gets controlled then the market will regain its strength. Also, major companies in this field are trying to develop and enhance products to generate more revenue.

Market Dynamics

Market Drivers

The major driver of the knee replacement market trends is the growing aged population across the world. Simultaneously, other chronic diseases among the older generation such as diabetes, osteoporosis, and arthritis are also growing. Also, several advancements in technology with less invasive procedures for surgery are a major factor for market growth. During the forecast period, the market will have a significant rise due to several advancements and the production of new materials.


Various factors can affect the knee replacement market in the upcoming years. The high expenditure for knee implants is a major restraint for the market global market of knee replacement surgery. In this way, the growth of the market can be low among the countries with low income. Also, the use of technology with advanced devices has significantly increased the cost in various developing countries. Hence, in this way, the market growth will be affected due to the above reasons.


The increasing cases of infection in the knee are also a major factor that will positively influence the market. In the past recent years, the market is observed that various infections are connected to knee replacement. Also, high accuracy and safety measures for surgery or less invasive surgery and less pain will fuel the market growth exponentially.


The major challenge for the knee replacement market is the very low availability of skilled and knowledgeable surgeons. To handle the advanced devices and completing the surgery requires high accuracy and experience. It will possess a huge challenge for the market to sustain and grow further.

Value Chain Analysis

The use of robotics technology for knee replacement surgery will increase the knee replacement market growth in the upcoming period. Also, rising concerns for health-related procedures will influence the market positively. Overall, the rising cases of the joint, knee, and hip replacement among the geriatric population will increase the market growth during the forecast period.

Market Segmentations

According to the global knee replacement market forecast, the market is segmented into end-users, product types, and materials.

The global knee replacement devices market of knee replacement surgery on the basis of end-user is further divided into strong plastic parts, ceramic material, metal alloy, and others.

Furthermore, the global knee replacement devices market of knee arthritis on the basis of product types is bifurcated into partial knee reconstructive implants, total knee reconstructive implants, medial pivot implants, fixed bearing implants, revision knee reconstructive implants, mobile bearing implants, and others.

The knee replacement market size on the basis of end-users is divided into clinics and hospitals, rehabilitation centers, and specialty centers.

Regional Analysis

The global knee replacement market share on the basis of region is segmented into Europe, the Americas, Asia-Pacific and the Middle East, and Africa.

The Americas has been segmented into two regions- South America and North America. It is projected that the North American region will dominate the global market. Further, North America is segmented into Canada and the US. The major driver of knee arthritis in this region is the growing population of the older generation. Also, people are more aware of the development of technology in the health sector. Emphasis on research and development for knee replacement are also major factors.

Asia-Pacific is the fastest-growing region during the forecast period for knee replacement market. The major kmarket drivers are the growing concerns regarding joint and bone disorders. Diseases such as osteoarthritis, rheumatoid arthritis, hip replacements, etc. are increasing rapidly. The major contributors to the growth are the countries like China, Japan, and India. Rising awareness among people related to diseases and leading are the major driving factors in this region.

The European region is estimated to be the second-largest contributor to the growth of the knee replacement market. It is expected to have significant growth in the upcoming years. The main factors are the easy availability of the new advanced technologies for treatment. Also, the increasing population of the geriatric population will drive the market towards growth. According to reports by Eurostat, more than 19.2% of people were above the age of 65 all over Europe.

However, the Middle East and Africa will have the slowest growth rate as compared to other regions. The low availability of new and advanced treatment facilities is responsible for the slow market growth. Also, people are not much aware of health-related issues.

Competitive Landscape

There are various key players in the global market of knee arthritis that use various strategies to increase their business. This in turn helps them to generate more revenue. Such as Depoy Synthesis, a renowned company for knee arthritis announced new products for the replacement of the shoulder, knee, and hip.

Some of the major key players in the global key players of the global market of knee replacement surgery are-

  • Allegra Orthopaedics Limited (Australia)

  • Zimmer Inc. (US)

  • Aesculap Implants Systems LLC (US)

  • Corin Group (UK)

  • Medacta International (Switzerland)

  • Stryker (US)

  • Kinamed Inc. (US)

  • Smith and Nephew (UK)

  • Exatech Inc. (US)

  • DePuy Synthes (US)

Recent Development

In June 2022

Goodlife Surgery Center is the first Ambulatory Surgery Center in the South Bay offering Mako SmartRobotics. This breakthrough in joint replacement surgery is changing how total knee replacements are performed. Mako SmartRobotics includes three unique components: 3D CT-based planning, AccuStop tactile technology, and insightful data analysis. In clinical studies, Mako Total Knee has been shown to provide patients with less pain, less need for opioid analgesics, less need for inpatient physical therapy, reduced length of hospital stay, and improved knee flexion and soft tissue protection compared with manual techniques.

In June 2022

Smith + Nephew, a global medical technology company, announced its first robotic surgery using the LEGION CONCELOC cementless knee system. Smith + Nephew is the only medical device company offering total and partial knee arthroplasty and is currently the robotic solution for non-artificial total knee arthroplasty (TKA). Cementless Total Knee System LEGION CONCELOC has a unique design that meets the major elements of the cementless total knee system.

Report Overview

The report overview of the global knee replacement surgery is as follows-

  • Overview of the market

  • COVID-19 Analysis

  • Dynamics of the market

  • Value Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Landscape

  • Recent Developments


By End

  • Clinics and Hospitals

  • Rehabilitation Centres

  • Specialty Centres

By Product

  • Partial Knee Reconstructive Implants

  • Total Knee Reconstructive Implants

  • Medical Pivot Implants

  • Fixed Bearing Implants

  • Revision Knee Reconstructive Implants

  • Mobile Bearing Implants

  • Others

By Materials

  • Metal Alloy

  • Ceramic Material

  • Strong Plastic Parts

By Region

  • Europe

  • North America

  • South America

  • Asia-Pacific

  • Middle East Africa

Report Scope:

Report Attribute/Metric Details
  Market Size   USD 10.63 Billion
  CAGR   7.6%
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Product Type, Material
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Zimmer Inc. (US), DePuy Synthes (US), Stryker (US), Smith and Nephew (UK), Exactech, Inc. (US), Corin Group (UK), Aesculap Implants Systems LLC (US), Medacta International. (Switzerland), Allegra Orthopaedics Limited (Australia), and Kinamed, Inc. (US)
  Key Market Opportunities

  • The global knee replacement market is majorly driven by the increasing geriatric population giving rise to old-age ailments such as arthritis, osteoporosis, and diabetes.
  • Additionally, rising technological advancements such as minimally invasive surgeries along with presence of better implant materials are likely to drive the growth of knee replacement market.
  •   Key Market Drivers   This rising older population is likely to lead to rising patient population.Additionally, Ramsay Health Care UK stated that more than 70,000 knee replacements are carried out in England and Wales each year.

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    Frequently Asked Questions (FAQ) :

    knee replacement market is projected to grow at approximately 7.6% CAGR during the assessment period (2022-2030).

    knee replacement market is estimated to reach a valuation of approx. USD 10.63 BN by the end of 2030.

    Zimmer Inc. (US), Stryker (US), DePuy Synthes (US), Smith and Nephew (UK), Corin Group (UK), Exactech, Inc. (US), Aesculap Implants Systems LLC (US), Allegra Orthopaedics Limited (Australia), Medacta International (Switzerland), and Kinamed, Inc. (US), are some of the top players operating in the global knee replacement market.

    North America holds the largest share in the global knee replacement market, followed by Europe and the Asia Pacific, respectively.

    High prevalence of arthritis & osteoporosis, rising advancements in surgical process such as minimally invasive surgeries, and the availability of better implant materials are major tailwinds pushing the growth of the global knee replacement market.