Global Total Knee Replacement Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Procedure;

Total Knee Arthroplasty, Partial Knee Arthroplasty, and Revision Knee Arthroplasty.

By Product Type;

Primary Knee Replacement Systems, Revision Knee Replacement Systems, and Partial Knee Replacement Systems.

By End-Use;

Hospitals, Ambulatory Surgery Centers, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn771348486 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Total Knee Replacement Market (USD Million), 2021 - 2031

In the year 2024, the Global Total Knee Replacement Market was valued at USD 8,505.57 million. The size of this market is expected to increase to USD 11,222.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The global total knee replacement market is a vital segment within the broader orthopedic medical device industry, catering to patients suffering from debilitating knee conditions such as osteoarthritis, rheumatoid arthritis, and traumatic injuries. Total knee replacement surgery, also known as knee arthroplasty, involves the replacement of damaged or diseased knee joint surfaces with artificial implants, restoring function and alleviating pain for patients with severe knee degeneration. This market represents a crucial aspect of orthopedic care, offering patients a chance to regain mobility and improve their quality of life through surgical intervention.

In recent years, the global total knee replacement market has witnessed significant growth driven by several factors. These include the aging population, which is more prone to degenerative joint diseases, and the increasing prevalence of obesity, which contributes to the wear and tear of knee joints. Additionally, advancements in total knee replacement technology, such as the development of innovative implant designs, materials, and surgical techniques, have expanded treatment options and improved surgical outcomes for patients. Moreover, rising healthcare expenditure and improving access to healthcare services in emerging economies are driving market expansion, as more patients seek orthopedic interventions to address knee pain and disability.

The global total knee replacement market is characterized by intense competition among key players vying for market share. Companies invest heavily in research and development to innovate new products and enhance existing ones, aiming to differentiate themselves in a crowded market landscape. Regulatory approvals, clinical evidence, and patient outcomes play crucial roles in shaping market dynamics, influencing product adoption and market penetration. Overall, the global total knee replacement market continues to evolve, driven by demographic trends, technological advancements, and shifting healthcare paradigms, as stakeholders strive to meet the growing demand for orthopedic solutions worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Procedure
    2. Market Snapshot, By Product Type
    3. Market Snapshot, By End-Use
    4. Market Snapshot, By Region
  4. Global Total Knee Replacement Market Dynamics
    1. Drivers, Restraints and OpportunitiesPEST Analysis
      1. Drivers
        1. Aging Population
        2. Rising Prevalence of Knee Osteoarthritis
        3. Technological Advancements in Implant Design
        4. Increasing Adoption of Minimally Invasive Surgery
        5. Growing Demand for Outpatient Total Knee Replacement
      2. Restraints
        1. High Cost of Total Knee Replacement Surgery
        2. Reimbursement Challenges
        3. Surgical Risks and Complications
        4. Limited Access to Healthcare in Developing Regions
        5. Regulatory Stringency and Compliance Burden
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Development of Patient-Specific Implants
        3. Integration of Robotics and Artificial Intelligence
        4. Focus on Value-Based Healthcare Models
        5. Collaborative Research Initiatives
    2. Political Analysis
      1. Economic Analysis
      2. Social Analysis
      3. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Total Knee Replacement Market,By Procedure, 2021 - 2031 (USD Million)
      1. Total Knee Arthroplasty
      2. Partial Knee Arthroplasty
      3. Revision Knee Arthroplasty
    2. Global Total Knee Replacement Market,By Product Type, 2021 - 2031 (USD Million)
      1. Primary Knee Replacement Systems
      2. Revision Knee Replacement Systems
      3. Partial Knee Replacement Systems
    3. Global Total Knee Replacement Market, By End-Use, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Ambulatory Surgery Centers
      3. Others
    4. Global Total Knee Replacement Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Wright Medical Group N.V.
      2. ConforMIS Inc
      3. MicroPort Scientific Corporation
      4. DJO Global Inc
      5. Exactech Inc
  7. Analyst Views
  8. Future Outlook of the Market