"Designing Growth Strategies is in our DNA"
Total knee arthroplasty is one of the most effective, reliable, and predictable procedures in modern orthopedic surgery. The main goal of TKA is to obtain an implant that relieve pain and recover function. The benefits provided by the cementless total knee arthroplasty are the shorter operating time, elimination of the complications associated with the cemented fixations, and ease of revisions. Cementless TKA is about three times more expensive than cemented TKA. The growing number of patients suffering from arthritis and growing adoption of cementless knee replacements are the factors driving the growth of the global market during the forecast period. For instance, according to World Health Organisation (WHO), worldwide 9.6% men and 18.0% women have symptomatic osteoarthritis
The cementless total knee arthroplasty (TKA) market is expected to register a significant growth during the forecast period due to factors such rising prevalence of arthritis, growing geriatric population, and increasing number of players involved in this field. However, high cost of the procedure is one of the major factors projected to reduce the cementless total knee arthroplasty (TKA) market expansion
Key Market Driver -
Rising prevalence of arthritis, growing geriatric population
Key Market Restraint -
High cost of the device
Globally, the cementless total knee arthroplasty (TKA) market can be segmented on the basis of the product type, end user and region. Based on the type, the market can be segmented into mobile bearing and fixed bearing. Based on end user, the market can be segmented into hospitals, specialty clinics, ambulatory surgery centers, and others. Geographically, the cementless total knee arthroplasty (TKA) market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
Some of the major companies that are present in the cementless total knee arthroplasty (TKA) market are DePuy Synthes, GROUP FH ORTHO, Smith & Nephew, Stryker, Zimmer Biomet, and B. Braun Melsungen AG, other prominent players.
To gain extensive insights into the market, Request for Customization
Geographically, the cementless total knee arthroplasty (TKA) market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is likely to dominate the global market. The dominance is attributable to the factors such as growing prevalence of arthritis and improved healthcare facilities. For instance, according to an article published by National Institute of Biotechnology Information (NCBI), arthritis is a common chronic condition that affected 23% (54 million) of adults in United States during 2013-2015. The market in Europe is estimated to account for second largest market share during the forecast period. The rising adoption of cementless TKA among the patients is expected to surge the market growth in this region. Growing awareness among the patients and increasing patient pool of arthritis in India, China, & Japan is expected to foster the market in Asia Pacific.
The market in Latin America and the Middle East & Africa is anticipated to witness moderate growth due to improving healthcare facilities and rising incidence of arthritis.
By Product Type
By End User
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry