Knee Replacement Market Forecast 2031: Steady Growth at 4.38% CAGR Supported by Technological Advancements, Says a 2026 Mordor Intelligence Report

HYDERABAD, India, Feb. 4, 2026 /PRNewswire/ -- According to Mordor Intelligence's latest report, the  knee replacement market size is projected to expand from USD 12.85 billion in 2026 to USD 15.92 billion by 2031, registering a CAGR of 4.38% over the forecast period from 2026 to 2031, supported by the rising prevalence of osteoarthritis, increasing geriatric population, and growing adoption of joint replacement procedures worldwide. Knee replacement surgeries play a critical role in restoring mobility and improving quality of life for patients suffering from severe knee degeneration, reinforcing the importance of continuous innovation in orthopedic implants and surgical techniques. Healthcare systems globally focus on improving access to orthopedic care as musculoskeletal disorders become more prevalent. The knee replacement market growth continues to benefit from increasing awareness of early surgical intervention, higher procedure success rates, and advancements in implant materials that enhance durability and patient outcomes. Growing investments in hospital infrastructure and specialized orthopedic centers are further supporting market growth across both developed and emerging regions.

Knee Replacement Market Share by Region

North America accounts for a significant knee replacement market share, driven by advanced healthcare infrastructure, high procedure volumes, and strong reimbursement frameworks. The presence of established orthopedic device manufacturers and widespread adoption of technologically advanced implants contribute to sustained market demand in the region.

Asia-Pacific is expected to record strong growth over the forecast period, supported by expanding healthcare infrastructure, rising medical tourism, and increasing awareness of joint replacement procedures. Countries such as China, India, and Japan are investing in modern orthopedic care facilities to address the growing burden of age-related joint disorders.

Knee Replacement Market Trends & Forecast

Growing Adoption of Minimally Invasive and Patient-Specific Implants

Minimally invasive surgical techniques and patient-specific knee implants are gaining traction as they support improved alignment, reduced recovery time, and better long-term outcomes. These approaches are increasingly being adopted by orthopedic surgeons to enhance procedural precision.

Focus on Implant Longevity and Post-Surgical Outcomes

Manufacturers are emphasizing advanced materials and design improvements to increase implant lifespan and reduce revision rates. Enhanced post-operative rehabilitation protocols and digital surgical planning tools are also shaping market evolution.

Knee Replacement Market Segmentation Overview

• By Product
  • Total Knee Replacement
  • Partial Knee Replacement
  • Patellofemoral Replacement
  • Revision / Complex Knee Replacement
• By Surgical Technology
  • Manual
  • Robotic-Assisted
  • Patient-Specific Instrumentation (PSI)
  • Computer-Navigated
• By End User
  • Hospitals
  • Ambulatory Surgical Centres (ASC)
  • Orthopaedic Specialty Clinics
• By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • South America

For a full breakdown of market size, segmentation insights, regional dynamics, and competitive intelligence, access the details of the Mordor Intelligence report: https://www.mordorintelligence.com/industry-reports/knee-replacement-market?utm_source=prnewswire

Strategic Competitive Outlook

The knee replacement industry is moderately competitive, with leading orthopedic device manufacturers focusing on product innovation, clinical validation, and geographic expansion. Companies are strengthening their portfolios through advanced implant designs, surgeon training initiatives, and strategic collaborations to address evolving patient and clinician needs.

Key Companies in the Knee Replacement Market Include:

• Corin Group
• Zimmer Biomet
• SurgTech Inc.
• Smith & Nephew plc
• Stryker Corporation

Check out related reports published by Mordor Intelligence:   

Exoskeleton Market Share - The exoskeleton market is estimated at USD 0.92 billion in 2026 and is projected to reach USD 2.35 billion by 2031, registering a CAGR of 20.63% during the forecast period. Growth is driven by rising adoption in rehabilitation and industrial settings, increasing prevalence of mobility impairments, and advancements in powered wearable robotics for medical and defense applications.

Foot and Ankle Devices Market Size - The foot and ankle devices market was valued at USD 5.12 billion in 2025 and is expected to grow from USD 5.48 billion in 2026 to USD 7.73 billion by 2031, at a CAGR of 7.09%. Market expansion is supported by a growing geriatric population, higher incidence of orthopedic disorders and sports injuries, and rising adoption of advanced fixation and joint replacement technologies.

Total Wrist Replacement Market Growth - The total wrist replacement market is estimated at USD 210.58 million in 2026, increasing to USD 267.19 million by 2031, growing at a CAGR of 4.88% over the forecast period. Demand is driven by increasing cases of rheumatoid arthritis and post-traumatic wrist conditions, along with improvements in implant materials and surgical techniques aimed at preserving wrist mobility.

About Mordor Intelligence:  
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. 
 
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics. 

For any inquiries, please contact:
[email protected]
https://www.mordorintelligence.com/contact-us

Logo: https://mma.prnewswire.com/media/2746908/Mordor_Intelligence_Logo.jpg

SOURCE Mordor Intelligence Private Limited