Cementless Total Knee Arthroplasty Market Expected to Reach $3 Billion by 2032 | CAGR 4.6% - Allied Market Research
The increase in the prevalence of knee osteoarthritis, technological advancement in implant design, materials, and surgical techniques and increase in awareness
WILMINGTON, DELAWARE, UNITED STATES, July 1, 2024 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Cementless Total Knee Arthroplasty Market by Product (Mobile Bearings and Fixed Bearings), by Material (Ceramic, Alloy and Others), by End User (Hospitals and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the global cementless total knee arthroplasty market was valued at $1.9 billion in 2022 and is estimated to reach $3.0 billion by 2032, exhibiting a CAGR of 4.6% from 2023 to 2032.
Cementless implants are press-fitted into the bone, as they have a special porous surface to stimulate bone growth. Bone growth happens over a long period; thus, not providing immediate fixation. Cementless knee arthroplasty approach is beneficial because it promotes better long-term stability and bone growth around the artificial joint, thereby leading to a more durable and successful outcome.
𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :
Smith & Nephew plc, Stryker Corporation., X. NOV, Zimmer Biomet Holding Inc., United Orthopedic Corporation, MicroPort Scientific Corporation, Olympus Corporation, Johnson & Johnson, Waldemar Link GmbH & Co. KG, B. Braun Melsungen AG
𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/132004
On the basis of products, the cementless total knee arthroplasty market analysis is segmented into mobile bearings and fixed bearings, the fixed bearings segment generated maximum revenue in 2022, owing to various benefits offered by fixed-bearing platform such as it used as a standard for many cementless total knee arthroplasty (TKA) implants because of its simple design and low cost compared with mobile-bearing/rotating-platform implants.
However, the mobile bearings segment is expected to witness a significant CAGR during the forecast period, owing to advantages offered by mobile bearings such as improved clinical outcomes as compared to fixed-bearings, increased implant stability and enhanced longevity of prosthesis.
On the basis of material, the alloys segment generated maximum revenue in 2022, owing to technological advancement in cementless knee implants, rise in awareness among people regarding the availability of alloy based cementless knee implants and the various benefits offered by alloys such as biocompatibility with human tissue, improved implant fixation and excellent wear resistance.
However, the others segment is expected to witness a significant CAGR during the forecast period, owing to the radiolucent properties of some plastics and advances in surgical techniques, such as the development of minimally invasive procedures, could complement the use of plastic-based cementless knee implants.
On the basis of end user, the hospitals segment dominated the market in 2022, owing to rise in the prevalence of knee osteoarthritis, increase in the number of knee arthroplasty procedures conducted globally and availability of specialized surgeons in hospitals who are experts in cementless TKA.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/132004
However, Asia-Pacific is expected to witness growth at the highest rate during the cementless total knee arthroplasty market forecast owing to highly populated countries along with a high prevalence of road accidents and osteoarthritis. In addition, the increasing number of sports tournaments increases the rate of sports-related injuries, that surges the demand for cementless knee arthroplasty implants, which provide lucrative opportunities for market growth.
𝐀𝐕𝐄𝐍𝐔𝐄- 𝐀 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧-𝐁𝐚𝐬𝐞𝐝 𝐋𝐢𝐛𝐫𝐚𝐫𝐲 (𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐨𝐧-𝐝𝐞𝐦𝐚𝐧𝐝, 𝐬𝐮𝐛𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧-𝐛𝐚𝐬𝐞𝐝 𝐩𝐫𝐢𝐜𝐢𝐧𝐠 𝐦𝐨𝐝𝐞𝐥) 𝐎𝐟𝐟𝐞𝐫𝐞𝐝 𝐛𝐲 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
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