Market Trends of Cementless Total Knee System (TKS) Industry
Mobile Bearing Segment is Expected to Witness Growth Over the Forecast Period
Mobile Bearing is a polyethylene insert that can rotate short distances within the metal tibial component. The mobile bearing cementless knee implant has a rotation that enables a natural and wide range of knee motion, this in turn provides a better knee function. For instance, according to the NCBI mobile-bearing design provides advantages such as contact stress, reduced polyethylene wear and lower risk of tibial component loosening. Hence, owing to the advantages offered by mobile bearing, the adoption of the cementless total knee systems is likely to increase among the target population, ultimately driving the market growth.
Furthermore, the mobile bearing system in the cementless knee implant has been developed as an alternative to fixed-bearing implants. The development has been done in order to improvise the range of motion and to minimize the wear. Mobile bearing implants are mostly suitable for the younger population.
Therefore, the fixed-bearing segment is expected to witness significant growth over the forecast period due to the abovementioned factors.
North America is Expected to Dominate the Cementless Total Knee System Market
North America is expected to dominate the market owing to factors such as the easy availability of technologically advanced products and the high awareness related to cementless total knee systems in the region. an increase in the usage of energy-based devices for rapid and effective results in the United States. For instance, according to the CDC, in November 2021, around 24% of all adults, or around 58.5 million individuals, had arthritis in the United States, which is among the key factors that contribute to the growth of the studied market in North America.
Key product launches, a high concentration of market players, or the manufacturer's presence in the United States are some of the factors driving the growth of the cementless total knee system market in the country. For instance, in May 2021, Stryker announced that it had acquired OrthoSensor. Orthosensor, Inc. is a company that provides digital evolution for musculoskeletal care and sensor technology for total joint replacement. Hence, the acquisition has been carried out in order to provide more innovative and advanced smart sensor technologies that include smart implants across joint replacements, among others. Therefore, such product launches in the region are anticipated to drive the growth of the market in the country.
Therefore, owing to the aforesaid factors, the growth of the studied market is anticipated in the North American region.