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KneeImplants Market - Global Industry Insights, Trends, Size, Share, Outlook,and Opportunity Analysis, 2018-2026
Knee implantation is a surgicalprocedure involving the replacement of the damaged bone and cartilage of theknee with artificial implants to recreate the surface of the joint. Kneeimplant components are generally made up of ceramic materials, metal alloys, orstrong plastic parts. The surgery carried out for knee implantation is known asarthroplasty. The four main types of arthroplasty are kneecap replacement,partial knee replacement, complex knee replacement, and total knee replacement.
Total knee replacement involvesthe replacement of the surface of the thigh bone and the shin connected to theknee. Partial knee replacement or uni-compartmental knee replacement, can beperformed through a small cut were one side of the knee is affected. Varioustypes of fixation are used in knee implantation to connect knee implants to thebone, these include hybrid fixation, cementless fixation and cemented fixation.In cemented fixation the implants are held in place with a fast curing bonecement such as polymethylmethacrylate. While, in cementless fixation, theimplants are press-fit on to the bone so as to augment new bone growth.
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According to the Centers ofMedicare and Medicaid Services (CMS) around, 10 percent of knee replacementsurgeries in the U.S. are partial knee replacements. Generally, patients whohave undergone the partial knee replacement have osteoarthritis in onecompartment of their knee. In kneecap replacement only the under surface of theknee is replaced and it is a small joint replacement procedure.
Furthermore, as per NationalJoint Registry, around 160,000 knee replacement procedures are performed aswell as equal number knee joints are replaced, each year in England and Wales.Also, as per Organization for Economic Co-operation and Development (OECD), inthe U.S., 226 per 1000 population knee replacement surgery were performed in2013.
Increasing prevalence ofarthritis and obesity to support growth of the knee implants market in the nearfuture
North America and Europe accountfor the major market share in the global knee implantation market. Asia Pacificis expected to witness rapid growth, attributed to the growing population inthe age group of 20-65 years, in this region. This growth is supported bydevelopment of healthcare infrastructure and increasing availability ofhealthcare facilities. Growing population and prevalence of bone and jointdisorders are also expected to fuel growth of the global knee implant market.
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According to Centers for DiseaseControl and Prevention (CDC), during 2013-2015, around 54.4 million adults inthe U.S. (22.7%) yearly suffered from some form of arthritis such as rheumatoidarthritis, gout, lupus, or fibromyalgia. According to the National Center forBiotechnology Information (NCBI), in 2016 the prevalence of knee arthritis inIndia was found to be around 28.7% in overall population. Furthermore, as perNational Center for Health Statistics (NCHS), during 2011–2014, the prevalenceof obesity was around 36% in adults and 17% in youth in the U.S.
Growing obese population inemerging economies is expected to boost growth of the knee implantation market.According to World Health Organization (WHO), in 2014, the obese adultpopulation in China was around 6.9% and in India was around 4.9%, and thenumber is expected to increase rapidly.
Key Players:
Key players operating in the kneeimplantation market include Zimmer, Stryker, Smith & Nephew plc, Johnson& Johnson, DJO Global, Inc., Exactech, Inc., Zimmer Biomet Holdings, Inc.,B. Braun Melsungen AG, MicroPort Scientific Corporation, DePuy Synthes, andArthrex.
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