South Korea Knee Replacement Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Partial Knee Reconstructive Implants, Total Knee Reconstructive Implants, Medical Pivot Implants, Fixed Bearing Implants, Revision Knee Reconstructive Implants, Mobile Bearing Implants, Others), By Materials (Metal Alloy, Ceramic Material, and Strong Plastic Parts), and South Korea Knee Replacement Market Insights, Industry Trend, Forecasts to 2035

South Korea Knee Replacement Market Insights Forecasts to 2035

• The South Korea Knee Replacement Market Size was Estimated at USD 284.5 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 11.71% from 2025 to 2035
• The South Korea Knee Replacement Market Size is Expected to Reach USD 962.0 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, the South Korea Knee Replacement Market Size is Anticipated to Reach USD 962.0 Million by 2035, Growing at a CAGR of 11.71% from 2025 to 2035. Driven by improvements in minimally invasive surgical techniques, a growing awareness of joint health, and an aging population with an increase in osteoarthritis cases. Adoption of the market is further accelerated by government support for orthopedic care and increased accessibility to high-tech implants.

Market Overview

The South Korea knee replacement market refers to the healthcare industry segment devoted to the creation, marketing, and surgical application of artificial knee implants to treat joint conditions like osteoarthritis, rheumatoid arthritis, and traumatic injuries is known as the South Korean knee replacement market. Additionally, healthcare systems are prioritizing knee replacement surgeries as a result of this demographic shift, which reflects a larger focus on enhancing older adults' quality of life. The trend toward less invasive surgical methods, which is becoming more popular in South Korea, is one area that offers opportunities for investigation. Compared to traditional methods, these techniques help patients recover more quickly, have shorter hospital stays, and have less pain following surgery. Furthermore, it is anticipated that the market will benefit from the South Korean government's efforts to modernize and increase accessibility to orthopedic procedures and healthcare services. As technology advances and older citizens' needs increase, the knee replacement market in South Korea is generally improving.

Report Coverage

This research report categorizes the market for the South Korea knee replacement market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea knee replacement market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea knee replacement market.  

Driving Factors

Technological developments in prosthetic devices and surgical methods are also important factors driving the knee replacement market in South Korea. New developments like robotically assisted surgery, minimally invasive surgery, and 3D printing of personalized implants have shortened recovery periods and enhanced surgical results. Leading the way in creating robotic systems that improve knee surgery precision is the Korean Advanced Institute of Science and Technology (KAIST). These developments have been demonstrated in recent research to increase patient satisfaction ratings by as much as 30%, which in turn encourages more patients to choose knee replacement procedures. The market is predicted to grow as South Korean hospitals implement these innovative technologies.

Restraining Factors

The market for knee replacements in South Korea is hampered by high procedure costs, little reimbursement coverage, and worries about implant recalls brought on by defective products. Long recovery periods and surgical risks also discourage some patients from seeking treatment.

Market Segmentation

The South Korea knee replacement market share is classified into product type and materials.

• The total knee reconstructive implants segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea knee replacement market is segmented by product type into partial knee reconstructive implants, total knee reconstructive implants, medical pivot implants, fixed bearing implants, revision knee reconstructive implants, mobile bearing implants, and others. Among these, the total knee reconstructive implants segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The market is dominated by total knee reconstructive implants because of their extensive use in treating severe arthritis and knee injuries, which improves patients' quality of life and mobility.

• The metal alloy segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea knee replacement market is segmented by materials into metal alloy, ceramic material, strong plastic parts, and others. Among these, the metal alloy segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Metal alloys are frequently chosen because of their strength and resilience, making them a dependable choice for knee prosthesis designs that call for longevity and wear resistance.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea knee replacement market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Exactech Korea
• United Orthopedic Korea
• Baumer Korea
• B. Braun Korea
• Corentec Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Knee Replacement Market based on the below-mentioned segments:

South Korea Knee Replacement Market, By Product Type

• Partial Knee Reconstructive Implants
• Total Knee Reconstructive Implants
• Medical Pivot Implants
• Fixed Bearing Implants
• Revision Knee Reconstructive Implants
• Mobile Bearing Implants
• Others

South Korea Knee Replacement Market, By Materials

• Metal Alloy
• Ceramic Material
• Strong Plastic Parts