Cementless Total Knee System (TKS) Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR (2024 - 2029) | 6.50 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Cementless Total Knee System (TKS) Market Analysis
The Cementless Total Knee System Market is expected to register a CAGR of 6.5% during the forecast period.
The rising number of target diseases and sports injuries, as well as the growing benefits of cementless total knee replacement systems, are major factors driving the growth of the market studied. For instance, according to the data updated by the American Academy of Orthopaedic Surgeons in February 2024, more than 700,000 total knee replacements are performed annually in the United States, which, in turn, is anticipated to elevate the need for a cementless total knee system. Such factors are expected to boost the adoption of cementless total knee systems, contributing to market growth.
Moreover, according to an article published by Lancet Rheumatology in August 2023, nearly 1 billion people are projected to be living with osteoarthritis, the most common form of arthritis, by 2050. The source also stated that 15% of individuals aged 30 and older experience osteoarthritis around the world. Therefore, the increase in the number of arthritis patients will increase the need for various surgeries, such as cementless total knee replacement surgery, which is poised to accelerate the cementless total knee system (TKS) market.
In addition, new product launches and strategic activities by major players in the market are positively affecting the growth of the market studied. For instance, in January 2022, Smith & Nephew acquired Engage Surgical. Engage Surgical manufactures a cementless knee implant. The partial knee implant is optimized for robotics and will work along with Smith & Nephew鈥檚 CORI surgical system in the future. Thus, such developments are expected to boost the usage of cementless total knee systems during the forecast period.
Therefore, owing to factors such as the increasing prevalence of orthopedic disorders and the rising product launches, it is anticipated that the studied market will witness growth over the analysis period. However, the high cost of the cementless total knee system and procedure may impede the market's growth.
Cementless Total Knee System (TKS) Market Trends
The Tibial Component Segment is Expected to Witness Significant Growth During the Forecast Period
In tibial component surgeries, the top of the tibia, or shinbone, is replaced. The process is the same as the femoral component, as all the damaged tissues are cut away, and the tibia is shaped to fit the joint replacement. Then, the prosthetic component, called the tibial tray, is put in place. The increasing number of tibial component replacements, the growing prevalence of arthritis, and the rising geriatric population are expected to enhance segment growth.
Moreover, the rising prevalence of osteoarthritis and sports injuries is also expected to enhance segment growth. For instance, as per the Sports Accident Statistics report updated by LegalMatch in August 2022, injuries to the anterior cruciate ligament (ACL) occur roughly 150,000 times every year in the United States. In addition, female basketball and soccer players had an ACL injury 2 to 8 times more frequently than other athletes. This prevalence of a high number of sports-related injuries in the region is expected to boost the demand for tibial components in the country.
Furthermore, the advantages associated with cementless total knee systems (TKS) for the tibial component are also expected to enhance segment growth. For instance, according to an article published by the Journal of Medicine in January 2024, multiple advantages have been associated with the tibial component fixation with cementless total knee systems, including higher preservation of the native bone stock, avoidance of cement debris with subsequent potential third-body wear, and the achievement of a natural bond and osseointegration between the implant and the bone that will provide a durable and stable fixation. Thus, such advantages associated with TKS are expected to boost its usage and, thereby, enhance the segment's growth.
Moreover, the growing geriatric population around the world is also expected to boost segment growth, as TKS is also used for fixation of the tibial component in older people. For instance, according to the United Nations World Population Prospects published in 2022, the share of the global population aged 65 years or above is projected to rise from 10% in 2022 to 16% in 2050. The source also stated that by 2050, the number of persons aged 65 years or over worldwide is projected to be more than twice the number of children under age five and about the same as the number of children under age 12. Thus, such an increase in the geriatric population is also expected to boost the segment growth.
Therefore, the tibial component segment is expected to witness significant growth over the forecast period due to the abovementioned factors, such as the rising sports injuries, the rising geriatric population, and the growing advantages associated with TKS.
North America is Expected to Hold a Significant Share in the Market During the Forecast Period
North America is expected to hold a significant market share owing to factors such as the easy availability of technologically advanced products and the high awareness of cementless total knee systems in the region. For instance, according to the data updated by the Centers for Disease Control and Prevention (CDC), in February 2024, the age-adjusted prevalence of diagnosed arthritis in adults was 18.9% in 2022 in the United States, which is among the key factors contributing to the growth of the studied market in North America.
Moreover, the rising sports injuries in the region are also expected to boost the market growth. For instance, according to the data published by the National Safety Council of the United States in 2022, it was estimated that 3.6 million people were treated in emergency departments for injuries involving sports and recreational equipment in the United States in 2022. The most common activities frequently associated with injuries were exercise, cycling, and basketball. Thus, the high prevalence of such injuries is expected to boost the usage of cementless total knee systems (TKS) for treatment procedures, thus boosting the market growth.
Furthermore, key product launches, a high concentration of market players, or the manufacturer's presence in the United States are some factors driving the growth of the country's cementless total knee system market. For instance, in March 2022, Johnson & Johnson (DePuy Synthes) added two innovations to the ATTUNE knee portfolio, namely, the Attune Cementless Fixed-bearing Knee with Affixium 3DP Technology and the Attune Medical Stabilized System. These products are used for total knee arthroplasty procedures. Therefore, such product innovations in the region are anticipated to drive market growth in the country.
Therefore, owing to factors such as the rising prevalence of arthritis, the growing number of sports injuries, and developments by key players, the market is expected to flourish in North America.
Cementless Total Knee System (TKS) Industry Overview
The cementless total knee system (TKS) market is fragmented in nature due to the presence of several companies operating globally as well as regionally. The competitive landscape includes an analysis of a few international and local companies that hold large market shares and are well known, including Stryker, Smith & Nephew, Zimmer Biomet, Johnson & Johnson (DePuy Synthes), B. Braun SE, Olympus Corporation (FH ORTHO), DJO LLC (Enovis), X.NOV (C2F IMPLANTS), and Beijing Chunlizhengda Medical Instruments Co. Ltd.
Cementless Total Knee System (TKS) Market Leaders
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Stryker
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Smith & Nephew
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Zimmer Biomet
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Johnson & Johnson (DePuy Synthes)
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B. Braun SE
*Disclaimer: Major Players sorted in no particular order
Cementless Total Knee System (TKS) Market News
- February 2024: Zimmer Biomet Holdings Inc. showcased the latest innovations across its product portfolio at the 2024 annual meeting of the American Academy of Orthopaedic Surgeons (AAOS). The showcase comprised innovations in its products, including Persona OsseoTi Keel Tibia for cementless knee replacement procedures.
- May 2023: Smith & Nephew Inc. received 510(k) premarket approval for its Legion Total Knee System, including the Legion Conceloc Cementless Total Knee System in the United States.
Cementless Total Knee System (TKS) Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Number of Individuals Diagnosed with Arthritis (Osteoarthritis)
4.2.2 Elevating Benefits of Cementless Total Knee Replacement Systems
4.2.3 Rising Number of Sport Injuries
4.2.4 Increasing Rate of Obesity and Geriatric Population
4.3 Market Restraints
4.3.1 High Cost of the Cementless Total Knee System and Procedure
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
5.1 By Component Type
5.1.1 Tibial Component
5.1.2 Femoral Component
5.2 By End User
5.2.1 Hospitals
5.2.2 Orthopedic Centers
5.2.3 Other End Users
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Stryker
6.1.2 Smith & Nephew
6.1.3 Zimmer Biomet
6.1.4 Johnson & Johnson (DePuy Synthes)
6.1.5 B. Braun SE
6.1.6 DJO LLC (Enovis)
6.1.7 X.NOV (C2F IMPLANTS)
6.1.8 Beijing Chunlizhengda Medical Instruments Co. Ltd
6.1.9 Evolutis
6.1.10 Olympus Corporation (FH ORTHO)
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Cementless Total Knee System (TKS) Industry Segmentation
As per the scope of the report, cementless total knee systems (TKS) are porous implants with a rough surface that enhances the growth of new bone. The new bone grows into the spaces present in the implant that hold it in place without using cement. A cementless total knee system uses the patient鈥檚 original or natural bone to hold the system or implant in the right place to last longer and form a more permanent bond with the patient鈥檚 bones.
The cementless total knee system (TKS) market is segmented by component type, end user, and geography. By component type, the market is segmented into tibial component and femoral component. By end user, the market is segmented into hospitals, orthopedic centers, and other end users. By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the market sizes and forecasts in terms of value (USD) for the above segments.
| By Component Type | |
| Tibial Component | |
| Femoral Component |
| By End User | |
| Hospitals | |
| Orthopedic Centers | |
| Other End Users |
| Geography | ||||||||
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Cementless Total Knee System (TKS) Market Research Faqs
What is the current Cementless Total Knee System Market size?
The Cementless Total Knee System Market is projected to register a CAGR of 6.5% during the forecast period (2024-2029)
Who are the key players in Cementless Total Knee System Market?
Stryker, Smith & Nephew, Zimmer Biomet, Johnson & Johnson (DePuy Synthes) and B. Braun SE are the major companies operating in the Cementless Total Knee System Market.
Which is the fastest growing region in Cementless Total Knee System Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Cementless Total Knee System Market?
In 2024, the North America accounts for the largest market share in Cementless Total Knee System Market.
What years does this Cementless Total Knee System Market cover?
The report covers the Cementless Total Knee System Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cementless Total Knee System Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Cementless Total Knee System (TKS) Industry Report
Statistics for the 2024 Cementless Total Knee System (TKS) market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Cementless Total Knee System (TKS) analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
