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Bionic Smart Knee Market By Material (Titanium, Graphite) , By End User (Hospitals, Orthopedic Clinics, Others) : Global Opportunity Analysis and Industry Forecast, 2024-2033

July 2024 | 260 pages | ID: B0FF5A2C24CBEN
Allied Market Research

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Bionic Smart Knee Market

The bionic smart knee market was valued at $1.3 billion in 2023 and is projected t%li%reach $2.8 billion by 2033, growing at a CAGR of 7.8% from 2024 t%li%2033.

A bionic smart knee is a unique prosthetic device utilized for knee replacement. The device is equipped with sensors, microprocessors, and Bluetooth technology, which facilitate the replacement procedure. This smart knee imitates the natural functions of a human knee, along with enhancing comfort and mobility. The primary features of bionic smart knee include its dynamic adjustment capabilities and remarkable gait analysis. Moreover, the device’s connectivity features enable its integration with external devices or mobile apps, allowing users t%li%monitor their performance and customize the settings or performance.

Advancements in technology and material sciences are driving the growth of the bionic smart knee market as these upgraded devices offer refined functionality and experience t%li%the users. In addition, rise in the prevalence of mobility issues and knee injuries, along with surge in awareness regarding the availability of advanced therapeutics is boosting the adoption of bionic smart knee. An emerging trend in the bionic smart knee market is the neuroprosthetic regulation of the device. Control of the smart knee through neural abilities is anticipated t%li%amplify the imitation of natural human gait by the device. T%li%facilitate neural control, the agonist and antagonist muscle pairs critical for knee movement need t%li%be surgically connected t%li%mimic the natural dynamics.

However, the availability of prosthetic devices and the facility t%li%underg%li%a successful replacement are majorly restricted t%li%developed regions, which hampers the market growth. In addition, the high cost of smart knee administration, maintenance, and insurance coverage prevents budget-sensitive patients from undergoing replacement, which limits the widespread expansion of the market. According t%li%an article by the U.S. News & World Report—an American news magazine—on an average, robotic smart knee replacements cost around $2,400 higher than the conventional replacement surgeries. On the contrary, the market is poised for lucrative opportunities due t%li%the advent of remote health. Bionic smart knee enables remote checkups and post-operative monitoring, eliminating the hassle of multiple hospital visits after surgery.

Segment Review

The bionic smart knee market is segmented int%li%material, end user, and region. On the basis of material, the market is bifurcated int%li%titanium and graphite. As per end user, it is divided int%li%hospitals, orthopedic clinics, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Findings

On the basis of material, the titanium segment dominates the bionic smart knee market.

As per end user, hospitals are the leading segment in the market.

Region wise, North America was the highest revenue generator in 2023.

Competition Analysis

The key players operating in the global bionic smart knee market include Stryker Corporation., Zimmer Biomet Holdings, Inc., Smith & Nephew plc, Johnson & Johnson, B. Braun Melsungen AG, Medtronic, Цssur, Wright Medical Group N.V., Exactech, Inc., and ConforMIS, Inc. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, t%li%strengthen their foothold in the competitive market.

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Possible Customization with this report (with additional cost and timeline, please talk t%li%the sales executive t%li%know more)
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  • Expanded list for Company Profiles
Key Market Segments

By Material
  • Titanium
  • Graphite
By End User
  • Hospitals
  • Orthopedic Clinics
  • Others
By Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • France
  • Germany
  • Italy
  • Spain
  • UK
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa
  • Saudi Arabia
  • Rest of LAMEA
  • Key Market Players
  • Stryker Corporation.
  • Zimmer Biomet Holdings, Inc.
  • Smith & Nephew plc
  • Johnson & Johnson
  • B. Braun Melsungen AG
  • Medtronic
  • Цssur
  • Wright Medical Group N.V.
  • Exactech, Inc.
  • ConforMIS, Inc.
CHAPTER 1: INTRODUCTION

1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
  1.4.1. Primary Research
  1.4.2. Secondary Research
  1.4.3. Analyst Tools and Models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET LANDSCAPE

3.1. Market Definition and Scope
3.2. Key Findings
  3.2.1. Top Investment Pockets
  3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
  3.3.1. Bargaining Power of Suppliers
  3.3.2. Threat of New Entrants
  3.3.3. Threat of Substitutes
  3.3.4. Competitive Rivalry
  3.3.5. Bargaining Power among Buyers
3.4. Market Dynamics
  3.4.1. Drivers
  3.4.2. Restraints
  3.4.3. Opportunities

CHAPTER 4: BONE CEMENT FOR SPINE MARKET, BY TYPE

4.1. Market Overview
  4.1.1 Market Size and Forecast, By Type
4.2. Low Viscosity
  4.2.1. Key Market Trends, Growth Factors and Opportunities
  4.2.2. Market Size and Forecast, By Region
  4.2.3. Market Share Analysis, By Country
4.3. Medium Viscosity
  4.3.1. Key Market Trends, Growth Factors and Opportunities
  4.3.2. Market Size and Forecast, By Region
  4.3.3. Market Share Analysis, By Country
4.4. High Viscosity
  4.4.1. Key Market Trends, Growth Factors and Opportunities
  4.4.2. Market Size and Forecast, By Region
  4.4.3. Market Share Analysis, By Country

CHAPTER 5: BONE CEMENT FOR SPINE MARKET, BY APPLICATION

5.1. Market Overview
  5.1.1 Market Size and Forecast, By Application
5.2. Vertebroplasty
  5.2.1. Key Market Trends, Growth Factors and Opportunities
  5.2.2. Market Size and Forecast, By Region
  5.2.3. Market Share Analysis, By Country
5.3. Kyphoplasty
  5.3.1. Key Market Trends, Growth Factors and Opportunities
  5.3.2. Market Size and Forecast, By Region
  5.3.3. Market Share Analysis, By Country

CHAPTER 6: BONE CEMENT FOR SPINE MARKET, BY END USER

6.1. Market Overview
  6.1.1 Market Size and Forecast, By End User
6.2. Hospitals
  6.2.1. Key Market Trends, Growth Factors and Opportunities
  6.2.2. Market Size and Forecast, By Region
  6.2.3. Market Share Analysis, By Country
6.3. Specialty Surgical Centers
  6.3.1. Key Market Trends, Growth Factors and Opportunities
  6.3.2. Market Size and Forecast, By Region
  6.3.3. Market Share Analysis, By Country

CHAPTER 7: BONE CEMENT FOR SPINE MARKET, BY REGION

7.1. Market Overview
  7.1.1 Market Size and Forecast, By Region
7.2. North America
  7.2.1. Key Market Trends and Opportunities
  7.2.2. Market Size and Forecast, By Type
  7.2.3. Market Size and Forecast, By Application
  7.2.4. Market Size and Forecast, By End User
  7.2.5. Market Size and Forecast, By Country
  7.2.6. U.S. Bone Cement for Spine Market
    7.2.6.1. Market Size and Forecast, By Type
    7.2.6.2. Market Size and Forecast, By Application
    7.2.6.3. Market Size and Forecast, By End User
  7.2.7. Canada Bone Cement for Spine Market
    7.2.7.1. Market Size and Forecast, By Type
    7.2.7.2. Market Size and Forecast, By Application
    7.2.7.3. Market Size and Forecast, By End User
  7.2.8. Mexico Bone Cement for Spine Market
    7.2.8.1. Market Size and Forecast, By Type
    7.2.8.2. Market Size and Forecast, By Application
    7.2.8.3. Market Size and Forecast, By End User
7.3. Europe
  7.3.1. Key Market Trends and Opportunities
  7.3.2. Market Size and Forecast, By Type
  7.3.3. Market Size and Forecast, By Application
  7.3.4. Market Size and Forecast, By End User
  7.3.5. Market Size and Forecast, By Country
  7.3.6. Germany Bone Cement for Spine Market
    7.3.6.1. Market Size and Forecast, By Type
    7.3.6.2. Market Size and Forecast, By Application
    7.3.6.3. Market Size and Forecast, By End User
  7.3.7. France Bone Cement for Spine Market
    7.3.7.1. Market Size and Forecast, By Type
    7.3.7.2. Market Size and Forecast, By Application
    7.3.7.3. Market Size and Forecast, By End User
  7.3.8. UK Bone Cement for Spine Market
    7.3.8.1. Market Size and Forecast, By Type
    7.3.8.2. Market Size and Forecast, By Application
    7.3.8.3. Market Size and Forecast, By End User
  7.3.9. Italy Bone Cement for Spine Market
    7.3.9.1. Market Size and Forecast, By Type
    7.3.9.2. Market Size and Forecast, By Application
    7.3.9.3. Market Size and Forecast, By End User
  7.3.10. Spain Bone Cement for Spine Market
    7.3.10.1. Market Size and Forecast, By Type
    7.3.10.2. Market Size and Forecast, By Application
    7.3.10.3. Market Size and Forecast, By End User
  7.3.11. Rest of Europe Bone Cement for Spine Market
    7.3.11.1. Market Size and Forecast, By Type
    7.3.11.2. Market Size and Forecast, By Application
    7.3.11.3. Market Size and Forecast, By End User
7.4. Asia-Pacific
  7.4.1. Key Market Trends and Opportunities
  7.4.2. Market Size and Forecast, By Type
  7.4.3. Market Size and Forecast, By Application
  7.4.4. Market Size and Forecast, By End User
  7.4.5. Market Size and Forecast, By Country
  7.4.6. Japan Bone Cement for Spine Market
    7.4.6.1. Market Size and Forecast, By Type
    7.4.6.2. Market Size and Forecast, By Application
    7.4.6.3. Market Size and Forecast, By End User
  7.4.7. China Bone Cement for Spine Market
    7.4.7.1. Market Size and Forecast, By Type
    7.4.7.2. Market Size and Forecast, By Application
    7.4.7.3. Market Size and Forecast, By End User
  7.4.8. Australia Bone Cement for Spine Market
    7.4.8.1. Market Size and Forecast, By Type
    7.4.8.2. Market Size and Forecast, By Application
    7.4.8.3. Market Size and Forecast, By End User
  7.4.9. India Bone Cement for Spine Market
    7.4.9.1. Market Size and Forecast, By Type
    7.4.9.2. Market Size and Forecast, By Application
    7.4.9.3. Market Size and Forecast, By End User
  7.4.10. South Korea Bone Cement for Spine Market
    7.4.10.1. Market Size and Forecast, By Type
    7.4.10.2. Market Size and Forecast, By Application
    7.4.10.3. Market Size and Forecast, By End User
  7.4.11. Rest of Asia-Pacific Bone Cement for Spine Market
    7.4.11.1. Market Size and Forecast, By Type
    7.4.11.2. Market Size and Forecast, By Application
    7.4.11.3. Market Size and Forecast, By End User
7.5. LAMEA
  7.5.1. Key Market Trends and Opportunities
  7.5.2. Market Size and Forecast, By Type
  7.5.3. Market Size and Forecast, By Application
  7.5.4. Market Size and Forecast, By End User
  7.5.5. Market Size and Forecast, By Country
  7.5.6. Brazil Bone Cement for Spine Market
    7.5.6.1. Market Size and Forecast, By Type
    7.5.6.2. Market Size and Forecast, By Application
    7.5.6.3. Market Size and Forecast, By End User
  7.5.7. Saudi Arabia Bone Cement for Spine Market
    7.5.7.1. Market Size and Forecast, By Type
    7.5.7.2. Market Size and Forecast, By Application
    7.5.7.3. Market Size and Forecast, By End User
  7.5.8. South Africa Bone Cement for Spine Market
    7.5.8.1. Market Size and Forecast, By Type
    7.5.8.2. Market Size and Forecast, By Application
    7.5.8.3. Market Size and Forecast, By End User
  7.5.9. Rest of LAMEA Bone Cement for Spine Market
    7.5.9.1. Market Size and Forecast, By Type
    7.5.9.2. Market Size and Forecast, By Application
    7.5.9.3. Market Size and Forecast, By End User

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top Winning Strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top Player Positioning, 2023

CHAPTER 9: COMPANY PROFILES

9.1. Cardinal Health
  9.1.1. Company Overview
  9.1.2. Key Executives
  9.1.3. Company Snapshot
  9.1.4. Operating Business Segments
  9.1.5. Product Portfolio
  9.1.6. Business Performance
  9.1.7. Key Strategic Moves and Developments
9.2. Meta Biomed Co., Ltd
  9.2.1. Company Overview
  9.2.2. Key Executives
  9.2.3. Company Snapshot
  9.2.4. Operating Business Segments
  9.2.5. Product Portfolio
  9.2.6. Business Performance
  9.2.7. Key Strategic Moves and Developments
9.3. Heraeus Medical GmbH
  9.3.1. Company Overview
  9.3.2. Key Executives
  9.3.3. Company Snapshot
  9.3.4. Operating Business Segments
  9.3.5. Product Portfolio
  9.3.6. Business Performance
  9.3.7. Key Strategic Moves and Developments
9.4. Shanghai Rebone, Tecres S.P.A
  9.4.1. Company Overview
  9.4.2. Key Executives
  9.4.3. Company Snapshot
  9.4.4. Operating Business Segments
  9.4.5. Product Portfolio
  9.4.6. Business Performance
  9.4.7. Key Strategic Moves and Developments
9.5. OSARTIS GmbH
  9.5.1. Company Overview
  9.5.2. Key Executives
  9.5.3. Company Snapshot
  9.5.4. Operating Business Segments
  9.5.5. Product Portfolio
  9.5.6. Business Performance
  9.5.7. Key Strategic Moves and Developments
9.6. Stryker Corporation
  9.6.1. Company Overview
  9.6.2. Key Executives
  9.6.3. Company Snapshot
  9.6.4. Operating Business Segments
  9.6.5. Product Portfolio
  9.6.6. Business Performance
  9.6.7. Key Strategic Moves and Developments
9.7. Johnson And Johnson
  9.7.1. Company Overview
  9.7.2. Key Executives
  9.7.3. Company Snapshot
  9.7.4. Operating Business Segments
  9.7.5. Product Portfolio
  9.7.6. Business Performance
  9.7.7. Key Strategic Moves and Developments
9.8. Heraeus Medical
  9.8.1. Company Overview
  9.8.2. Key Executives
  9.8.3. Company Snapshot
  9.8.4. Operating Business Segments
  9.8.5. Product Portfolio
  9.8.6. Business Performance
  9.8.7. Key Strategic Moves and Developments
9.9. Smith And Nephew Plc
  9.9.1. Company Overview
  9.9.2. Key Executives
  9.9.3. Company Snapshot
  9.9.4. Operating Business Segments
  9.9.5. Product Portfolio
  9.9.6. Business Performance
  9.9.7. Key Strategic Moves and Developments
9.10. Medtronic
  9.10.1. Company Overview
  9.10.2. Key Executives
  9.10.3. Company Snapshot
  9.10.4. Operating Business Segments
  9.10.5. Product Portfolio
  9.10.6. Business Performance
  9.10.7. Key Strategic Moves and Developments


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