In 2023, total knee replacement procedures in Canada stood at approximately 78,600. Forecasts indicate steady growth through 2028, with an estimated compound annual growth rate (CAGR) of about 1.76% over the five-year period. Year-on-year growth is projected at 2.35% from 2024 to 2025, 2.29% from 2025 to 2026, 2.20% from 2026 to 2027, and 2.15% from 2027 to 2028, reflecting a consistent increase in demand for these surgeries.
Future trends to watch include:
- Technological advancements in surgical techniques improving outcomes and reducing recovery times.
- An aging population increasing the prevalence of knee osteoarthritis and subsequent surgical needs.
- Evolving healthcare policies and funding affecting accessibility and wait times for procedures.