According to a new report, published by KBV research, The Global Cementless total knee arthroplasty Market size is expected to reach $2.8 billion by 2030, rising at a market growth of 5.6% CAGR during the forecast period.
The Mobile Bearing segment would register a CAGR of 7.8% during (2023 - 2030). A mobile bearing is an insert made of polyethylene that can rotate briefly. A rotational feature of the mobile bearing TKA allows for a natural range of motion in the knee, which improves knee function. For instance, the National Center for Biotechnology Information (NCBI) claims that a mobile-bearing design has benefits like reduced contact stress, less polyethylene wear, and a lower chance of tibial component loosening.
The Hospitals segment is leading the Global Cementless Total Knee Arthroplasty Market by End User in 2022; thereby, achieving a market value of $2.0 billion by 2030. The segment is expanding as a result of the rise in knee arthroplasty procedures globally and the availability of hospitals with expert orthopedic doctors. Hospitals are experiencing a surge due to their size, robust financial standing, and wide range of services. The most skilled doctors, state-of-the-art medical equipment, and treatment alternatives are available in hospitals.
The Ceramics segment would capture a CAGR of 5.9% during (2023 - 2030). Due to their superior wettability and great scratch resistance, ceramic composites have lately been employed in prosthetic components with minimal wear and outstanding long-term results in cementless TKA surgeries. In addition, the biological reaction to the debris produced by these bearings is milder. Clinical outcomes and knee joint simulator testing show that TKAs with ceramic components have positive long-term effects for patients.
The North America region dominated the Global Cementless Total Knee Arthroplasty Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.2 billion by 2030. The Europe market is poise to grow at a CAGR of 5.2% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 6.5% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/cementless-total-knee-arthroplasty-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Johnson & Johnson, B. Braun Melsungen AG, Smith & Nephew PLC, Stryker Corporation, Olympus Corporation, Zimmer Biomet Holdings, Inc., MicroPort Scientific Corporation, United Orthopedic Corporation (Chi-Yi Investment Co. Ltd.), X.NOV and Waldemar Link GmbH & Co. KG.
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