How big is the Knee Replacement Market | Growth & Revenue Outlook 2025

Q: What is the market size of the knee replacement market in 2025 and 2031?

The knee replacement market was estimated to be valued at approximately USD 11.3 billion in 2025 and is projected to reach around USD 17.2 billion by 2031.

Q: What is the CAGR of the knee replacement market between 2025 and 2031?

The market is anticipated to grow at a CAGR of 7.2% during the forecast period.

Q: What are the key trends in the knee replacement market?

Key trends include the adoption of robotic-assisted surgeries, development of smart and customized implants, and growing demand for outpatient and minimally invasive procedures.

Q: What are the main drivers of the knee replacement market?

The Knee Replacement market is driven by an aging population, rising incidence of osteoarthritis, technological advancements in implants, and increasing healthcare access.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

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Code: MTA7201

Publication Date: Aug 2025

What is the Knee Replacement Market Size?

According to 6Wresearch internal database and industry insights, the Global knee replacement market was valued at USD 12.4 billion in 2024 and is projected to exceed USD 20.2 billion by 2031, growing at a CAGR of 12.37% during the forecast period.

This growth is fueled by the increasing aging population, rising prevalence of osteoarthritis, and advancements in implant technologies. Moreover, a growing preference for minimally invasive surgical techniques, combined with greater patient awareness and improved post-surgical outcomes, is propelling market demand globally. Emerging economies are also contributing significantly due to rising healthcare expenditure and improved access to orthopedic care.

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Major Growth Factors of the Knee Replacement Market

Rising geriatric population worldwide
Increasing cases of osteoarthritis and joint-related conditions
Technological advancements in knee implants
Growing demand for minimally invasive surgeries
Rising healthcare spending in emerging economies
Improved outcomes and longevity of knee replacement implants
Expanding medical tourism for orthopedic procedures
Greater awareness about joint health and mobility solutions

Knee Replacement Market Trends

The knee replacement market is witnessing a steady shift toward customized implants and robotic-assisted surgeries. There is increasing focus on early intervention techniques and outpatient knee replacement procedures. In addition, the demand for cementless and gender-specific implants is rising, aligning with patient-specific anatomical requirements and faster recovery expectations.

Emerging Developments in the Knee Replacement Market

The knee replacement market is anticipated to grow with technologies with rise in manufacturers who are actively investing in smart knee implant technologies that offer real-time data and post-operative tracking. Strategic partnerships between medical device firms and healthcare providers are enhancing procedure efficiency. Moreover, growing regulatory approvals and product launches in emerging markets are accelerating industry expansion.