Knee Replacement Market report offers an in-depth analysis of various factors promoting and demoting the growth of the market during the mentioned forecast period. The information provided in the report is gathered from primary and secondary research methods.
The global “Knee Replacement” Market will derive growth from recent advancements in the material associated with the surgical procedures. According to a report published by Fortune Business Insights, titled “Knee Replacement Market Size, Share and Industry Analysis, By Procedure (Total Knee Arthroplasty, Partial Knee Arthroplasty, and Revision Arthroplasty) By Implant Type (Fixed Bearing, Mobile Bearing, and Others) End-user (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centres, and Others) and Regional Forecast, 2019-2026,” the market size was USD 9.06 Bn in 2018 and is projected to reach USD 12.72 billion by 2026, exhibiting a CAGR of 4.3% during the forecast period.
Key Features of Knee Replacement Market Report:
Trending Knee Replacement Market Research Report presents a comprehensive assessment of the global market by offering valuable insights, facts, industry-related information, and historical data. Several methodologies and approaches are adopted to make meaningful assumptions and views. Furthermore, the report offers a detailed analysis and information as per market segments, helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market
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North America to Emerge Dominant in the Global Market
The report segments the market on the basis of regional demographics into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Among these regions, North America will exhibit the highest growth rate in the coming years. Increasing penetration of computer-aided implant designs will create several growth opportunities for the companies operating in the market. The improving health reimbursement scenario will lead to an increased adoption for knee replacement surgeries across the world. Besides North America, the market in Europe will exhibit considerable CAGR in the coming years, driven by advances in material designs and innovations in surgical procedures.
Key Companies and Manufacturers Covered:
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Industry Developments:
October 2019:Think Surgical Inc. announced that it received clearance from the U.S. Food and Drug Administration for the marketing of TSolution One system for total knee replacement in the United States.
September 2019:DePuy Synthes, made the ATTUNE Cementless Knee available in a rotating platform option in select markets.
September 2017:Zimmer Biomet launched a new knee implant system, Persona Partial Knee System. The company will benefit from the latest addition to its already established portfolio of personalized and anatomically designed knee implant systems.
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Key Segmentation of Knee Replacement Market:
Knee Replacement Market Segments by Procedure
Knee Replacement Market Segments by Implant Type
By End-user
By Region
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To view the original version on The Express Wire visit Knee Replacement Market 2020: Recent Industry Trends, Top Manufacturers, Market Growth, share, Development and Future Forecast till 2026