Knee Replacement Devices Market Report 2025 (Global Edition)

Market Dynamics of Knee Replacement Devices: 

Key Drivers of the Knee Replacement Devices Market

• Rising Osteoarthritis Prevalence to Fuel Market Growth-

One of the main causes predicted to drive up demand for bone procedures is the rising global prevalence of osteoarthritis in the knee. In the upcoming years, it is anticipated that the demand for knee implants will rise due to an increase in the adult population's diagnostic rate of knee arthritis. The Osteoarthritis Research Society International (OARSI) reports that as the world's population ages, the prevalence of osteoarthritis in the knee is expected to increase and is expected to reach 5%.

During the projection period, there will probably be a large increase in demand for knee replacement surgery due to the aging population's quick increase and the obesity epidemic's expanding pace. According to the World Health Organisation, approximately 73% of those with osteoarthritis are above the age of 55.

The global increase in the prevalence of osteoarthritis and other joint conditions including psoriatic and rheumatoid arthritis is a major factor driving the growth of the knee replacement device market. For example, statistics released by the Arthritis Foundation estimate that 14 million Americans have symptomatic osteoarthritis in their knees as of 2020. Furthermore, the European Journal of Rheumatology reports that in 2020, there were an anticipated 200 million individuals in the United States and Europe with osteoporosis condition, with 30% of those affected being women. 
Source- https://www.arthritis.org/getmedia/e1256607-fa87-4593-aa8a-8db4f291072a/2019-abtn-final-march-2019.pdf 

Consequently, an increase in the number of patients with osteoporosis problems has raised the need for knee replacement surgery, which has a major positive impact on the market's growth.

• Technological Developments to Boost Procedure Effectiveness and Draw in More Patients-

The main factors affecting the sales of these items utilized in replacement procedures are currently rising awareness of the material developments and designs of knee implants and robot-assisted knee surgeries. Robotic technology is encouraging increased procedural accuracy and lowering surgeons' reliance on the results of their work. Additionally, several significant industry participants are expanding their product offerings to include robotic surgery in addition to more extensive knee implants. For example, in order to obtain access to the Navio Surgical System, which provides robotic assistance in partial knee surgeries using a CT-free navigation system and a handheld robotic bone shaping device, Smith & Nephew bought Blue Belt Holdings, Inc. in 2016. 
Source- https://www.smith-nephew.com/en/news/2016/01/05/20160105-sn-completes-acquisition-of-surgical-robotics-business-blue-belt-technologies 

Thus, the market for knee replacements is expected to rise at a faster rate in the upcoming years because of the rising demand for customized knee implants and the entry of new competitors who are supplying cutting-edge knee implants.

• Increasing incidence of knee joint injuries will drive the market growth- 

Patients who need knee Knee Replacement surgery are most frequently young persons who have had knee joint injuries such as meniscal or ligament tears. In order to speed up the production of new cartilage in joints, methods such as autologous chondrocytes and cell-based cartilage resurfacing are utilized to heal damaged cartilage. Arthritis can be delayed or avoided by strengthening and rebuilding cartilage, which also significantly reduces joint discomfort and increases joint mobility. Orthopedic surgeons can use minimally invasive arthroscopy to remove or repair loose cartilage fragments. Using tiny incisions, surgeons perform arthroscopy procedures by inserting thin, flexible surgical instruments fitted with cameras. This kind of cartilage restoration has the benefit of being completed by surgeons in a single procedure.

• The rising prevalence of diabetes and obesity will aid market expansion-

The rising prevalence of diabetes and obesity around the world is predicted to fuel the expansion of the knee replacement market. Diabetes is linked to increased cartilage loss, and the market for cartilage restoration products is expected to grow as obesity rates rise. For instance, according to the OECD data, it is estimated that 38 million people in EU member states would have diabetes by 2035 if current trends continue. 
Source-http://https://www.oecd-ilibrary.org/docserver/health_glance_eur-2014-17-en.pdf?expires=1711686679&id=id&accname=guest&checksum=5A7BE8608EAB15D47F42C0B567896F53  

Diabetes, particularly Type 2 diabetes, is typically accompanied by a number of other issues, including obesity. Experts say that the combination of diabetes and obesity can make procedures like knee replacement surgery more difficult. Obesity like this typically leads to post-operative problems like loosening of the joints or fractures surrounding the implant. Diabetes increases the risk of surgical site infections, delayed healing, and problems with bone recovery. It could also result in knee stiffness. The impacted scar tissue frequently becomes a hindrance to knee motion. This is typically resolved with physiotherapy exercises in mild cases. Under severe circumstances, the scar tissue must be broken up. Thus, Knee Replacement is the solution to address these issues surrounding diabetes and obesity. 

• Road accidents and sports-related injuries to propel demand for knee replacement-

The need for knee replacement is expected to increase due to the rise in traffic accidents and sports-related injuries worldwide. The cartilage in a joint may sustain injury if it is subjected to a severe impact, as in the event of an automobile accident or a severe fall. A statistic from the World Health Organization (WHO) states that 1.35 million people die in traffic accidents each year, which emphasizes the need for efficient knee replacement techniques. 

Athletic participants are more likely to experience articular damage, particularly those who play high-impact sports like rugby, American football, and wrestling. According to the National Safety Council, referring to the reports of sports and recreational injuries in 2020, the number of injuries rose by 20% in 2021 and was up by 12% in 2022. 
Source- https://injuryfacts.nsc.org/home-and-community/safety-topics/sports-and-recreational-injuries/ 

Together, these elements support the market's growth prospects and are anticipated to propel its future rise.

Restraints of the Knee Replacement Devices Market

• A limited supply of skilled surgeons and the high cost of orthopedic procedures would limit the market-

Implants made of precious metals and cutting-edge technology are used during knee replacement operations. Moreover, these items are expensive due to the strict standards that must be met for approval. Restricted introduction of these goods has been observed in developing nations with low healthcare spending and a shortage of experienced surgeons.

Opportunities in the Knee Replacement Devices Market

• An increase in the use of robotics and Al in surgical procedures-

The employment of cutting-edge technology, such as robotics and artificial intelligence (A), increases the efficiency of surgical procedures. Globally, there is a growing need for these technologically advanced medical equipment. Al works with surgeons to create highly individualized surgery plans by analyzing each patient's knee's dynamic motion. In the future forecast years, rising R&D expenditures and a rise in the number of robotics-related new product launches are anticipated to propel market expansion. 

Impact of COVID-19 on the Knee Replacement Devices Market

The COVID-19 pandemic is causing havoc around the world and has had a big effect on the economy. The illness, which originated in China and has since spread throughout the world, has disrupted people's lives by leaving them unemployed, fearful of the future, and facing different kinds of healthcare difficulties. Top orthopedic companies are reporting significantly lower sales, as can be seen in their quarterly financial reports. This can be linked to the prohibition on elective surgery, the sharp decline in the number of knee replacement procedures performed, the postponement of commercial transactions, the disruption of the supply chain, and the public's reluctance to attend medical facilities out of concern about contracting an infection. The National Center for Biotechnology Information states that orthopedic and spine procedures, including hip and knee replacements, are categorized as non-urgent under Tier 2a and should be delayed.
Source-http://https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7197340/ 

Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.

The Global Knee Replacement Devices Market is witnessing significant growth in the near future.

In 2023, the Fixed Bearing segment accounted for noticeable share of global Knee Replacement Devices Market and is projected to experience significant growth in the near future.

The Total Knee Arthroplasty segment is expected to expand at the significant CAGR retaining position throughout the forecast period.

Some of the key companies Zimmer Biomet , DePuy Synthes Companies Johnson & Johnson Services and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.

Frequently Asked Questions (FAQs)