Total Hip and Knee Replacements Market Growth Trajectory Through 2024-2033

Uday Kiran

Total Hip and Knee Replacements Market Growth Trajectory Through 2024-2033

The Total Hip and Knee Replacements Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Total Hip and Knee Replacements Global Market Report 2024, The total hip and knee replacements market size has grown strongly in recent years. It will grow from $20.44 billion in 2023 to $21.68 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to osteoarthritis and joint degeneration, patient awareness and education, healthcare infrastructure development, reimbursement policies, globalization of medical tourism..

The total hip and knee replacements market size is expected to see strong growth in the next few years. It will grow to $26.64 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to regenerative medicine advances, biocompatible implant materials, value-based healthcare initiatives, personalized medicine approaches, growing demand for joint preservation strategies.. Major trends in the forecast period include technological advancements in implants, minimally invasive techniques, robot-assisted surgery, value-based care and bundled payment models, telehealth and remote patient monitoring..

An increase in the number of sports injuries is expected to propel the growth of the total hip and knee replacement market going forward. Sports injuries refer to a range of physical injuries that occur as a result of participating in various athletic activities or sports, and these injuries affect different parts of the body, including muscles, bones, tendons, ligaments, and joints. High-impact or repetitive sports injuries, including torn ligaments, cartilage damage, and fractures, necessitate joint replacement surgery as a long-term solution for significant damage to the hip and knee joints. For instance, in September 2022, according to the National Safety Council, a US-based public health and safety organization, the number of reported sports and recreational injuries in the US increased by 20% in 2021 and 12% in 2022. Moreover, in 2022, 3.6 million individuals received medical treatment for sports and recreational equipment injuries in emergency departments. Therefore, an increase in the number of sports injuries will drive the growth of the total hip and knee replacement market.

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The total hip and knee replacements market covered in this report is segmented –

1) By Procedure Type: Total Hip Replacement, Partial Hip Replacement, Revision Hip Replacement, Total Knee Replacement, Partial Knee Replacement, Revision Knee Replacement

2) By Implant Type: Mobile Bearing, Fixed Bearing, Other Implant Types

3) By End-User: Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics, Other End-Users

Major companies operating in the total hip and knee replacement market focus on robot-assisted, innovative surgery solutions, such as VELYS, to gain a competitive advantage. VELYS is a robot-assisted advanced medical system in which robotic systems and technology are employed to enhance the precision and accuracy of these orthopedic hip and knee replacement surgeries. For instance, in July 2021, DePuy Synthes Companies, a US-based orthopedic and medical device company, launched the Velys Digital Joint Reconstruction System. It is developed explicitly for utilization in hip and knee replacement surgeries, and it is engineered to be seamlessly compatible with the Attune knee implant. In addition to its advanced planning capabilities, the system aids the surgeon in achieving precise bone cuts and accurately positioning the replacement joint relative to the knee's surrounding muscles, tendons, and ligaments.

The total hip and knee replacements market report table of contents includes:

Executive Summary
Total Hip and Knee Replacements Market Characteristics
Total Hip and Knee Replacements Market Trends And Strategies
Total Hip and Knee Replacements Market - Macro Economic Scenario
Global Total Hip and Knee Replacements Market Size and Growth

Global Total Hip and Knee Replacements Market Competitive Benchmarking
Global Total Hip and Knee Replacements Market Competitive Dashboard
Key Mergers And Acquisitions In Total Hip and Knee Replacements Market
Total Hip and Knee Replacements Market Future Outlook and Potential Analysis
Appendix

Top Major Players :

Johnson & Johnson
Stryker Corporation
Braun SE
DePuy Synthes Companies
Zimmer Biomet Holdings Inc.

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Uday Kiran

Total Knee Replacement Market to Grow at a Steady Rate through 2025

Nirbhay Kulshrestha 2023-02-22

Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on"Global Total Knee Replacement Market"https://www. htmlThe global total knee replacement market is segmented based on cause, material, age, implant fixation, end-user, company and region. Some of the leading players in global total knee replacement market include Stryker, Zimmer Biomet, B. There always exists a requirement of personalized treatment of every patient and total knee replacement provides them a tailored solution. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global total knee replacement market.

Preparation Techniques for a Total Knee Replacement Surgery

Beauty and Wellness Blog 2022-09-01

A surgical process to resurface an arthritis-damaged knee is referred to as knee replacement surgery, sometimes known as arthroplasty or a total knee replacement. Similar to other medical operations, knee replacement surgery comprises a number of processes, which we detail in detail in the section below. What distinguishes regular knee replacement surgery from minimally invasive knee replacement surgery? Even though it may appear enticing, not every patient is a good candidate for minimally invasive knee replacement surgery, particularly those who are overweight or have had prior knee operations. Extremely muscular patients, those with severe knee deformities, and those with medical conditions that might lengthen the healing process are also ineligible for minimally invasive knee replacement surgery.

Total Knee Arthroplasty is performed when the cartilage in the knee has been destroyed or the patient cannot walk.

Pooja salve 2022-04-06

It can, for example, relieve discomfort, restore function, and improve one's quality of life. This exercise examines the indications, contraindications, and procedures used in total knee arthroplasty, as well as the role of the interprofessional team in patient care. More than 754,000 knee replacements were done in the United States in 2017, according to the Agency for Healthcare Research and Quality. In terms of pain reduction, functional restoration, and better quality of life, patient-reported results have demonstrated to increase considerably. While OA affects millions of Americans, the knee is the most often afflicted joint.

How To Choose Hip Replacement Doctors

optimhealthweb 2022-02-22

Much of the study involving a large number of hip replacement doctors entails a significant amount of investigation. To take advantage of this perk, you must first choose the doctors who will assist you. Ask yourself some questions before going to the doctor, such as: ● Go ahead and speak with the orthopedic surgeon only if you are prepared and comfortable doing so. To begin, regularly check for their accreditation in hip replacement surgery. So, if you require hip surgery, do your research so you can rest easier.

Robotic Total Knee Replacement India Dr. Anoop Jhurani

Dr. Anoop Jhurani 2021-10-30

Robotic Total Knee Replacement India Dr. Anoop JhuraniThe hidden reasons behind joint issuesRobotic Total Knee Replacement India Dr. Anoop JhuraniThere are more to know about the things related to knee treatment and knee issues.

We have joints on every part of the body.

It gets connected with each other.

In many cases, apart from the injuries, age factors or diseases, you are getting pain and strains over your bones then what it should be?

This question already raised another question in your mind such as it should be hidden from naked eyes.The body part, like shoulders, hips, knees, elbows, and another small bone which is not big in size, are attached to each other, supporting each other which may not be easily visible, but they are supporting other bone by not making them feel uneasy, soreness and any other kind of aches.If it occurs then it should be your first choice to visit the best orthopedic doctor (Dr. Anoop Jhurani) who will suggest you something better to get cured of pains.

Arthritis is a very common reason which causes joint pains.

Iowa Orthopedics - The Importance of an Accurate Back Pain Diagnosis

Iowa Orthopedics 2022-04-11

Soft tissue injuries such as sprains and strains are among the causes of this pain. Excessive force can cause muscular injury. Stress or strain is the most common cause of disc issues. Soft tissue injuries such as sprains and strains are among the causes of this pain. Excessive force can cause muscular injury. Stress or strain is the most common cause of disc issues. X-rays, bone scans, and MRIs are all common diagnostic tests for back pain. Check all the new treatments for chronic pain with Iowa other that involves Back Injections that give immediate relief.

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