June 2024
Cementless Total Knee Arthroplasty Market (By Product: Mobile Bearing, Fixed Bearing; By End User: Hospitals, Speciality clinics, Ambulatory surgery centres, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030
The cementless total knee arthroplasty market size was estimated at USD 1.8 billion in the year 2021 and is expanding at around USD 14.7 billion by 2030 and poised to grow at a CAGR of 26.28% from 2022 to 2030.
Knee surgery with enhanced demands from the health care sector with increased patients of arthritis with increased pain in knee and having osteoporosis enable to do the everyday work. During surgery of the knee the part which is painful or damaged is taken out and placed with prosthetic components. Traditionally cement was used with the components for fixing the bone and advance developed technology recent introduced they do not use cement for fixing the knee implant called as press- fit knee. Which is having rough surface with pores which enhances the bone to grow without any cement some screws are used for fixing the knee implant if required.
Total knee arthroplasty developed technology is with enhance efficacy, increased reliability, predictable procedures are involved which increased the demand from the market with modern developments in orthopaedics sector with decreased pain and with good results with reduced time for procedure of surgery which saves the time and involves no drying of the cement. Enhance the functioning of the knee is the main aim for the cementless total knee arthroplasty. It is specially performed for the geriatric patients from the age of 28 to below 55 with increased arthritis problem and increased implantation and knee surgeries.
Impact of Covid-19 has largely affected the market of cementless total knee arthroplasty market with decreased demand and reduced patients visiting the hospitals due to wide spread of corona virus. Where the market growth rate low down due to lack down imposed by the governments. Which ceased the manufacturing, transport and many more. The post pandemic situation enhances the market of cementless total knee arthroplasty with reduced time for surgery, bone stock, no complications involved about cement fixing, ease of revision enhance the market of cementless total knee arthroplasty during the forecast period.
Report Coverage | Details |
Market Size in 2022 |
USD 2.27 Billion |
Market Size by 2030 |
USD 14.7 Billion |
Growth Rate from 2022 to 2030 | CAGR of 26.28% |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Product, End User, and Geography |
Companies Mentioned | Zimmer Biomet, Smith & Nephew plc, Stryker Corporation, Group FH Ortho, DePuy Synthes, Johnson & Johnson, Corin Group plc, B. Braun Melsungen AG, Waldemar Link GmbH and Co. KG, United Orthopedic Corporation, Microport Scientific Corp. |
The rapid advance developed technologies in the osteoporosis with increased innovations and features with increased demands from the market with enhance benefits with increasing number of patients with rheumatoid arthritis disorder they are unable to perform the task or work with increased number of surgeries available for knee implantation.
Increasing number of sports with increased participation from the younger age group with developed skill for playing the games for nation. With increased interest in the game with specialization in particular sport. May harm their body during playing can get injury. Which may lead to fracture, ligament injury may later develop in to osteoporosis with increased developments in knee implantation with new innovations which last the surgery for the longer time. Increasing patients in arthritis which belong from geriatric group for recovery of the pain. It may lead to severe pain after a period of time.
Increased research and development with the trial which gave good results regarding the cementless total knee arthroplasty with increased functions of the osteoporosis and enhance the joining of the knee. Cementless technique is used in patients with strong bones. Cementless technique involves less period of time require for operation, no hesitation regarding the fixing of cement, with bone stock, ease of revision. Increased government support with increased investment for developing the knee arthroplasty devices with new technologies. The key market players involved in introducing with increased research and development, increased investment for manufacturing cementless total knee arthroplasty with increased demands drives the market size during the forecast period.
The Covid-19 negative impact on the market due to wide spread of virus across various regions and increasing infection with easy transmission of the virus from person to person. Which led to lock down imposed by the government and shutdown of the industries and slow down the new research and development and decrease the market growth. The post pandemic situatiion with increased developments and rise in patient hospitalization rate with enhance arthritis among the patients drives the market growth.
Key Market Drivers
Key Market Challenges
Key Market Opportunities
On the basis of product type in cementless total knee arthroplasty. Enhanced market growth share in cementless total knee arthroplasty in fixed bearing with significant rise with increased demands majorly utilized by generic knee implant sellers. Manufactures considering the cost, efficacy and easily affordable by the consumers in the emerging developed countries, increased range of motion, aim on geriatric population (younger age group).
Increased features of mobile bearing involve reduced complications, decreased loosening of the components, no polyethylene wear, increased compatibility helps to boost the cementless total knee arthroplasty market rate with increased revenue share. Which offers to drive the market value during the forecast period.
On the basis of end user in cementless total knee arthroplasty. Ambulatory surgery center with largest share with increased demand from the health sectors with wide rising of the arthritis patients in the younger age group geriatric patients with new innovations in arthroplasty and implantation of knee drives the market growth during the forecast period. Increased number of sports with increased participation of the individuals. Which may lead to injury such as fractures, ligament with increased relief and improved functioning of the knee with the cementless total knee arthroplasty with reduced time of operation and ease of revision.
Cementless arthroplasty is the new technology with less evidence about the technology and its efficiency but as per the trials and the market demands with decreased complication involved in cementless total knee arthroplasty and expansion of the market growth during the forecast period.
Cementless Total Knee Arthroplasty Market Share, By Region, 2021 (%)
Regions | Revenue Share in 2021 (%) |
North America | 41% |
Asia Pacific | 22% |
Europe | 30% |
Latin America | 4% |
MEA | 3% |
On the basis of geography various region with increased demands and techniques developed by the market players. Involves North America with developed orthopaedics surgeries with new technologies and features developed with increased government interest with increased policies of reimbursement for adopting the treatment with increased benefits and increased research and development for implantation of knee.
North America region hit highest revenue share of 41% in 2021. Europe also with the highest growth of the market with enhance technologies and developments. Other regions such as Asia Pacific, Latin America, Middle East and Africa also contributes to increase the market of cementless total knee arthroplasty market during the forecast period.
Segments Covered in the Report
By Product
By End User
By Geography
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