Knee Replacement Market Forecast
Regional Forecast:
The knee replacement market in North America is one of the most developed and technologically advanced markets in the world. The United States is the largest market in the region, followed by Canada. The high prevalence of knee osteoarthritis, increasing geriatric population, and well-established healthcare infrastructure are driving the growth of the knee replacement market in North America.
Asia Pacific:
The knee replacement market in Asia Pacific is witnessing significant growth due to the rising prevalence of knee osteoarthritis, increasing geriatric population, and improving healthcare infrastructure in countries like China, Japan, and South Korea. China is the largest market in the region, followed by Japan and South Korea.
Largest Region
North America
38% Market Share in 2023
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Europe:
The knee replacement market in Europe is also experiencing steady growth, driven by factors such as the increasing prevalence of knee osteoarthritis, growing geriatric population, and advancements in healthcare technology. The United Kingdom, Germany, and France are the major markets in the region, with a high demand for knee replacement procedures.
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