Knee Replacement Implants Market Size, Share, Top Region, Key Players, Application, Status And Forecast, 2030
The global Knee Replacement Implants Market size is expected to reach USD 17.45 Billion in 2030 and register a revenue CAGR of 5.3% over the forecast period, according to latest report by Reports and Data. High prevalence of osteoporosis, increased awareness, and research initiatives to improve the effectiveness of medical devices are factors driving knee replacement implants market revenue growth. Knee replacement, also known as knee arthroplasty, is a complex surgical procedure that involves replacing weight-bearing surface of knee to relieve pain and disability in patients with deformities. An implant is a term for artificial material used in knee replacement. It aids in resumption of normal knee functions. Osteoarthritis (OA) is a common disease among aged population and is one of the leading causes of disability. Age, weight, and injuries to joints due to repetitive movements such as squatting and kneeling are common risk factors of knee OA. It is estimated that 203 per 10