About Unicompartmental Knee Prostheses
A surgical treatment called unicompartmental knee arthroplasty (UKA), in which the damaged knee parts are replaced, is used to treat arthritis in one of the compartments of the knee. Only a piece of the knee is resurfaced during unicompartmental knee replacement, also known as partial knee replacement. For individuals whose illness is restricted to just one part of the knee, this technique serves as an alternative to total knee replacement. Unicompartmental knee replacements, which call for knee arthroplasty, account for about 10% of operations. The global unicompartmental knee prosthesis market is anticipated to be driven by an increase in the geriatric population, which is more susceptible to knee disorders and sports injuries, and an increase in the prevalence of degenerative joint diseases.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The market for Unicompartmental Knee Prosthes is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Unicompartmental Knee Prostheses market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Stryker Corporation (United States), Zimmer Biomet (United States), Smith+Nephew (United Kingdom), B. Braun Melsungen AG (Germany), Amplitude Surgical (Grance), Arthrex (United States), Exactech (United States) and X-NOV Medical Technology (France) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Waldemar Link GmbH & Co. KG (Germany), Medacta International (Switzerland) and Biotech GmbH (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Unicompartmental Knee Prostheses market by Type (Ultrahigh Molecular Prosthesis, Metal Prosthesis and Ceramic Prosthesis), Application (Use Recovery, Medical Model Reference and Other) and Region.
On the basis of geography, the market of Unicompartmental Knee Prostheses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Hospital will boost the Unicompartmental Knee Prostheses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Unicompartmental Knee Prostheses Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increase In The Geriatric Population
- Rise In Prevalence Of Knee Disorder
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Influencing Trends | - Technological Advancements In Medical Science
- Development Of New Diagnostic Centre And Hospitals
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Restraints | - High Cost Associated Within Unicompartmental Knee Prostheses
- Stringent Government Regulations Hampers The Market.
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Road Blocks / Challenges | - Lack Of Awareness Among The Customer Are Anticipated To Challenge The Market
- Side Effects Associated Within Unicompartmental Knee Prostheses
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Gaps & Opportunities | - Development Of Healthcare Infrastructure In Emerging Economies
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19 January 2022, Smith+Nephew the global medical technology business, announces the acquisition of Engage Surgical, owner of the only cementless unicompartmental (partial) knee system commercially available in the US.
Key Target Audience
New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.