Market Size of Cementless Total Knee System (TKS) Industry
| 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’s 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) 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’s 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’s 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 |
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Cementless Total Knee System (TKS) Market Size Summary
The cementless total knee system (TKS) market is poised for significant growth over the forecast period, driven by an increasing preference for these systems over traditional surgeries. The market experienced initial setbacks due to the COVID-19 pandemic, which led to delays in elective surgeries, including knee replacements. However, the demand is expected to rise as more individuals opt for cementless solutions, spurred by the growing incidence of target diseases and sports injuries. The benefits of cementless total knee replacements, such as improved bony ingrowth and natural knee motion, are further propelling market expansion. The introduction of innovative products, like Smith & Nephew's Legion Conceloc, which utilizes advanced manufacturing techniques, is also contributing to market growth.
North America is anticipated to lead the market, supported by the availability of advanced technologies and high awareness levels. The region's growth is further bolstered by strategic activities and product launches by key players, such as Stryker and Johnson & Johnson, which are enhancing the market landscape. The mobile bearing system's advantages, such as reduced wear and improved motion range, are expected to increase its adoption, particularly among younger populations. Despite the high costs associated with cementless total knee systems, the market remains fragmented with numerous global and regional players, ensuring competitive dynamics and continued innovation.
Cementless Total Knee System (TKS) Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Number of Individuals Diagnosed with Arthritis (Osteoarthritis)
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1.2.2 Elevating Benefits of Cementless Total Knee Replacement Systems
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1.2.3 Rising Number of Sport Injuries
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1.2.4 Increasing Rate of Obesity and Geriatric Population
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1.3 Market Restraints
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1.3.1 High Cost of the Cementless Total Knee System and Procedure
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Buyers/Consumers
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1.4.2 Bargaining Power of Suppliers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD)
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2.1 By Component Type
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2.1.1 Tibial Component
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2.1.2 Femoral Component
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2.2 By End User
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2.2.1 Hospitals
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2.2.2 Orthopedic Centers
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2.2.3 Other End Users
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.2 Europe
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2.3.2.1 Germany
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2.3.2.2 United Kingdom
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.2.6 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 South Korea
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2.3.3.6 Rest of Asia-Pacific
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2.3.4 Middle East and Africa
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2.3.4.1 GCC
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2.3.4.2 South Africa
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2.3.4.3 Rest of Middle East and Africa
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2.3.5 South America
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2.3.5.1 Brazil
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2.3.5.2 Argentina
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2.3.5.3 Rest of South America
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Cementless Total Knee System (TKS) Market Size 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.
