Knee replacement market could reach $13.1B by 2034

Orthopedic

The market for total knee arthroplasty continues its steady growth due to the increasing number of people seeking relief from chronic knee pain. 

A recent report by Future Market Insights predicts that the industry will continue to expand, with a projected compound annual growth rate of 2.7% over the next decade. The projected value of the industry is expected to hit $13.1 billion by 2034, according to the report. 

The expansion of the knee replacement market is being driven by a combination of increased demand and advancements in technology. ASCs are anticipated to continue to contribute heavily to the expansion of knee replacement procedures.

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