Global Knee Implant market to grow at a CAGR of 3.62 percent over the period 2014-2019.

Deerfield Beach, FL -- (SBWire) -- 07/29/2015 --Global Knee Implant market 2015-2019

Knee implant (or knee arthroplasty) is a surgical procedure for the replacement of damaged parts of knee joints in patients with various orthopedic disorders such as osteoarthritis, rheumatoid arthritis, and post-traumatic arthritis. During the procedure, the damaged parts are replaced by artificial parts. In addition, partial or total knee replacements are performed depending on the severity of the disease.

Global Knee Implant market to grow at a CAGR of 3.62 percent over the period 2014-2019.

The market has evolved in developed countries and has vast opportunities to grow in emerging countries. Vendors are focusing on the development of new prostheses for knees and also on utilizing novel technologies for knee implant procedures that can improve patients' quality of life.

"Large vendors provide an extensive range of advanced instruments globally while smaller vendors provide a wide range of products at reasonable prices,".

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"This results in intense competition among vendors, leading to high pressure on the vendors in terms of their pricing strategies, which in turn affects their profit margins."

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Knee Implant market for the period 2015-2019. Based on the surgical procedures, the market can be segmented into two: Primary Knee Replacement, and Partial Knee and Revision Knee Replacement.

Global Knee Implant Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Knee Implant market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Market Drivers

Increase in Aging Population
Increased Prevalence of Osteoarthritis and Rheumatoid Arthritis
Advances in Surgical Procedures

Key Market Trends

High Obesity Rates
Increase in Global Healthcare Spending
Intense Competition among Vendors
Expanding Economies in APAC Region

Key Market Vendors

DePuy Synthes (a Johnson & Johnson Co.)
Smith & Nephew plc
Stryker
Zimmer Holdings

To define the market circumstances in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.