Dear Professor Yadav, I can not really interprete your question. I think that the space of all embeddings of S^{n-1} to S^n is path-connected (maybe up to some trivialities).
The problem of embeddings of S^(n-1) into S^n is a difficult one with a long history. The case of n=2 was essentially solved by Schoenflies. He proved that if C is a simple closed curve in the plane then there is a homeomorphism of the plane to itself carrying C to the unit circle. (Adding the point at infinity doesn't materially change the problem.) In other words, knot theory in this case is trivial.
This is false in higher dimensions. The Alexander Horned Sphere is a famous counterexample; it gives an S^2 embedded in S^3 with interior not homeomorphic to the ball B^3. To try to fix this, one can require that the embedding be "locally flat", meaning you can extend the embedding to a thickened sphere. Then the question becomes the Schoenflies conjecture: such an embedding can be extended to a homeomorphism of S^n. This was solved by Morton Brown and Barry Mazur; see
Brown, Morton (1960), A proof of the generalized Schoenflies theorem. Bull. Amer. Math. Soc., vol. 66, pp. 74–76.
If one restricts embeddings to smooth embeddings, then I believe the problem of unknotting remains open in the case n=3. In this case, we are asking to extend to a diffeomorphism of S^4.