The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Knee Replacement Market.

Knee Replacement Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Knee Replacement Market is expected to grow from USD 9.6 billion in 2020 to USD 12.2 billion by 2026 at a CAGR of over 4.1% during the forecast period.

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Segment Analysis

Based on procedure, the market has been segmented into total knee replacement, partial knee replacement, kneecap replacement and revision knee replacement.

The total knee replacement segment accounted for the largest market share in 2020. The segment growth can be attributed to the increasing geriatric population and increasing awareness regarding minimally invasive surgical procedures.

Regional Trends

Geographically, the market in North America accounted for the largest market share in 2020 and is expected to continue its dominance over the forecast period owing to the rising geriatric populace and high demand for novel technologically advanced solutions.

The market in the Asia-Pacific region is projected to register the fastest growth during the review period on account of thriving medical tourism and increased investment in healthcare infrastructure development.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Knee Replacement Market analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors 

About Stratview Research

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