Tibial insert Market 2024

Industry Size, Emerging Trends, Regions, Growth Insights, Opportunities, and Forecast By 2033

Tibial insert Market by Procedure Type (Primary Knee Replacement, Revision Knee Replacement), by Implant Design (Fixed-Bearing Tibial Inserts, Mobile-Bearing Tibial Inserts), by End-Users (Hospitals, Ambulatory Surgical Centers, Others), and by Region – Global Share and Forecast to 2033

Region: Global | Format: Word, PPT, Excel | Report Status: Ongoing

Description

According to the Market Statsville Group (MSG), the Global Tibial Insert Market size is expected to project a considerable CAGR of 11% from 2024 to 2033. 

The market for tibial inserts is gradually growing around the world due to the continually growing incidence of knee osteoarthritis and the growing need for joint replacement procedures. Tibial inserts are wear-needing components of knee replacement implants that function as shock absorbers or facilitate articular surface stability and function. There have been developments of both, implant material quality and implant design; this in return, has paved the way for the development of more long-lasting and even flexible inserts, which can support the mobility of the patient as well as ensure the comfort of the patient. 

In addition, increasing in the geriatric population around the globe, especially in the North America and European countries is a key driver, which can lead to cow knee-related diseases. Optimizing a surgical procedure results from enhancements, for instance, bases on inserts that may be tailored to a unique patient’s needs are also under development by key players. The rising preference for minimally invasive surgery also boosts the tibial insert market, because these types of surgery reduce the recovery period. , all together leading to further growth of the market in the future owing to the ongoing developments undergoing place along with the high level of awareness about joint health.

 

Definition of Tibial insert

A tibial insert is one part of the knee replacement prosthesis. Between the femoral component which is a product of the thigh and the tibial one that originates from the shin, a tibial insert provides cushioning and stability. It is usually made from some kind of highly durable polyethylene or other advanced elements and works like cartilage by removing friction and shock during movement. In this way, the articulation is ensured to be smooth; the functioning of a joint is restored, and pain is reduced for people who have knee replacement surgery.

 

Tibial insert Market Dynamics

Drivers: Growing Prevalence of Knee Osteoarthritis and Degenerative Joint Diseases

The primary forces driving the tibial insert market are the increasing cases of knee osteoarthritis and other degenerative joint diseases. Knee osteoarthritis is a deteriorative condition that leads to the destruction of cartilage tissues, followed by pain, stiffness, and limited movement. Increasingly, the global population grows older, and the incidence of osteoarthritis in them sharply increases with age, particularly among older adults who are more susceptible to joint deterioration. 
Contributing to this growing number of cases are obesity, sedentary lifestyles, and repetitive stress on the knees due to physical activities. These conditions will often require knee replacement surgery where tibial inserts work to return comfort and function to a joint. An estimated one in four adults suffers from arthritis to some degree; therefore, the demand for solutions like advanced tibial inserts in terms of knee replacement is likely to increase. This trend underlines the need for better implant designs that would provide more lasting relief as well as better overall outcomes for patients suffering from degenerative joint diseases.

Challenges: High Cost of Knee Replacement Surgeries and Associated Implants

The prohibitionary cost of knee replacement surgeries and associated implants makes many substantial obstacles face the tibial insert market. Most frequently, the procedures are expensive to undertake: the surgery, hospital, and convalescence or follow-up care afterward involve many expenses, or costs, which so starkly weigh in on the pockets of individuals without adequate health insurance coverage. Additional costs include tibial inserts and other components that make up part of the implant; in the case of advanced materials to endure and comfort, they will add up to the overall price. For low- and middle-income countries, where funds for healthcare are relatively scarce, knee replacement surgery remains expensive. Even for developed regions, high out-of-pocket expenses render patients fearful of the cost of such procedures. The resulting financial pressures may therefore restrain demand for knee replacement and subsequently, tibial inserts for those populations who lack adequate access to comprehensive insurance or government-backed health care support.

 

Scope of the Tibial Insert Market

The study categorizes the coupling test market based on Procedure Type, Implant Design, and End-Users at the regional and global levels.

By Procedure Type Outlook (Sales, USD Million, 2019-2033)

  • Primary Knee Replacement
  • Revision Knee Replacement

By Implant Design Outlook (Sales, USD Million, 2019-2033)

  • Fixed-Bearing Tibial Inserts
  • Mobile-Bearing Tibial Inserts

By End-Users Outlook (Sales, USD Million, 2019-2033)

  • Hospitals
  • Ambulatory Surgical Centers
  • Orthopedic Clinics
  • Specialized Rehabilitation Centers

By Region Outlook (Sales, USD Million, 2019-2033)

  • North America 
    • US
    • Canada
    • Mexico
  • Europe 
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Poland
    • Russia
    • The Netherlands
    • Norway
    • Czech Republic
    • Rest of Europe
  • Asia Pacific 
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Thailand
    • Singapore
    • Australia & New Zealand
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
    • Northern Africa
    • Rest of MEA

Primary Knee Replacements accounts for the largest market share by Procedure Type

Based on the Procedure Type, the market is divided into Primary Knee Replacement and revision Knee Replacement.   The primary knee replacement segment takes up the largest proportion of the market share as it is largely pushed by the high number of first-time knee replacement surgeries performed globally. More and more patients are now seeking knee replacement solutions to alleviate their pain and improve their mobility as degenerative joint diseases such as osteoarthritis have been on the rise more commonly in populations with aging demographics. 

Most primary knee replacements are considered the first treatment for any serious condition; they are the most common in all varieties of facilities, ranging from hospitals to specialized orthopedic clinics. Revision knee replacements take place when a primary implant fails or wears out, which is much less often. The advances in implant materials and surgical techniques have helped improve the durability of primary implants, hence reducing the rate of revision. Therefore, the demand for primary knee replacements, thus tibial inserts in their placement, remains at a high level, and this leads to dominant control in the market by the segment.

North America accounted for the largest market share by Region.

Based on the regions, the global market of Endometrial Ablation Devices has been segmented across North America, Europe, the Middle East & Africa, South America, and Asia-Pacific. North America is the largest market for tibial inserts, mainly because of several key factors within that region. This region generally shows a high prevalence of knee osteoarthritis and other degenerative joint diseases, especially in the aging population. 
Moreover, North America also possesses a well-established healthcare infrastructure and access to advanced medical technologies, which generally facilitate a higher rate of knee replacement surgeries. Only in the U.S. are there market leaders for orthopedic companies who spend tremendous amounts of money on research and development to promote the growth in innovations of design and material of implants. Finally, with an increasingly large population under Medicare and private health insurance, chances for knee replacement procedures have improved among a wide swatch of the population. Such factors, coupled with greater patient awareness of surgical options and benefits accrued from more advanced implants such as tibial inserts, have enabled North America to retain its leadership position. The region continues to witness steady demand and growth in the adoption of knee replacement surgeries through the use of tibial inserts.

 

Competitive Landscape: Global Tibial insert Market

The tibial insert market is mainly battled by key orthopedic companies that have innovation and superior technology. Major as well as medium-scale players invest heavily in research and development to develop high-performance tibial inserts, and key areas of focus for such efforts include materials, design, and patient outcomes. Strategic partnerships, mergers, and acquisitions strengthen the market further. Furthermore, increasing competition from emerging players and manufacturing process improvements make the market setting dynamic and changing.

Major players in the global Tibial Insert market are: 

  • Sef Grup Medikal
  • Normmed Medikal
  • Enovis
  • Shandong Weigao Orthopaedic Materials
  • Smit Medimed
  • Corin
  • Surgical
  • Langmai Medical
  • Beijing Zhongantaihua Technology
  • Other Major Players

 

Recent Development 

  • In September 2024, Medical technology company, Exactech, has recently revealed that the first surgeries employing the newly developed Vantage® Ankle 3D and 3D+ tibial implants have been executed successfully.
  • In October 2024, Corin Achieved FDA 510(k) Clearance of Unity Knee MC Tibial Insert for Both Standard and Robotic-Assisted Total Knee Arthroplasty In the medially compromised tibia, it provides stability to the medial compartment without compromise of the knee function. 

Frequently Asked Questions

  • Key Issues Addressed
  • What is the market size and growth rate for different segmentations at a global, regional, & country level?
  • What is the customer buying behavior, key takeaways, and Porter's 5 forces of the market?
  • What are the key opportunities and trends for manufacturers involved in the supply chain?
  • What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
  • What and how regulations, schemes, patents, and policies are impacting the growth of the market?
  • How will existing companies adapt to the new change in technology?
  • The market player positioning, top winning strategies by years, company product developments, and launches will be?
  • How has COVID-19 impacted the demand and sales of in the market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
  • Who are the leading companies operating in the market? Also, who are the prominent startups that disrupt the market in coming years?
  • PUBLISHED ON: MARCH, 2024
  • BASE YEAR: 2023
  • FORECAST PERIOD: 2024-2033
  • STUDY PERIOD: 2019 - 2033
  • COMPANIES COVERED: 15
  • COUNTRIES COVERED: 24
  • NO OF PAGES: 286

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