Unicompartmental Knee Prosthesis Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The unicompartmental knee prosthesis is a surgical procedure used in the medical industry to relieve arthritis in one of the knee compartments in which the vandalized parts of the knee are replaced. The unicompartmental knee prosthesis is also known as partial knee replacement. The unicompartmental knee prosthesis is most frequently performed on tibiofemoral articulation. There are several different ways in the surgical technique of unicompartmental knee prosthesis, including the difference between cemented or uncemented fixation, mobile-bearing or fixed bearing design, metal-backed or all- polyethylene tibial components, and conventional or robotic implant positioning. Unicompartmental knee prosthesis plays a vital role in resurfacing a damaged knee by rheumatoid arthritis or by traumas. Unicompartmental knee prosthesis are transformed in various forms, such as substantial plastic parts, ceramic material, and metal alloys. The technological advancement in unicompartmental knee prosthesis is taking place rapidly, which is increasing the success rates of the operations.

MARKET DYNAMICS

The unicompartmental knee prosthesis market has shown a significant evolution over the forecast period. The market is driven by an increasing rise in the number of patients who have osteoporosis and arthritis. Due to the current lifestyle, the young population is obese and diabetic and this leads to osteoporosis and arthritis. Owing to such factors, the demand for unicompartmental knee prosthesis is increasing, which is resulting in the growth of the market. Moreover, leveraging technological advancement in procedures such as minimally invasive surgery, better implant materials has increased the success rates. Increasing investments in R&D by manufacturers has led in significant advances in unicompartmental knee replacement surgeries with regards to instrumentation and surgical and fixation techniques. The development of patient-specific knee implants and prostheses with materials having high wear resistance have also helped in lowering contact stresses, enabling uniform stress distribution, and enhancing the accuracy of prostheses alignment. Thus, such patient-specific unicompartmental knee implants are generating opportunities for the unicompartmental knee prosthesis market.However, the rising financial burden, increased number of knee implant recalls, high cost associated with the surgery, and Stringent regulations are hampering the growth of this market.

MARKET SCOPE

The "Unicompartmental Knee Prosthesis Market Analysis to 2031" is a specialized and in-depth study of the medical devices in the healthcare industry with a particular focus on the global market trend analysis. This report provides an outline of the unicompartmental knee prosthesis market with detailed market segmentation by product, application, and end-user. The unicompartmental knee prosthesis market is expected to witness a high rise during the forecast period. The report elaborates on the vital statistics on the market status of the leading players in the unicompartmental knee prosthesis market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The unicompartmental knee prosthesis market is segmented based on product, application, and end-user. Based on product, the market is categorized as fixed bearing implants, mobile bearing implants, medical pivot bearing implants, and others. Based on the application, the market is segmented as traditional surgery,minimally invasive surgery and computer assisted surgery. Based on end-user, the market is segmented as the hospitals, ambulatory surgical centers, orthopedic clinics,andothers.

REGIONAL FRAMEWORK

The report provides a complete outline of the industry, including both qualitative and quantitative information. It gives a sketch and forecast of the unicompartmental knee prosthesis market based on various segments. It also consists of market size and forecast estimates from the year 2021 to2031with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The unicompartmental knee prosthesis market by each region is later sub-segmented into respective countries and segments. The report consists of the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the unicompartmental knee prosthesis market from both the demand and supply side. Further, it assesses market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also covers a precise PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South & Central America, after evaluating political, economic, social, and technological factors affecting the unicompartmental knee prosthesis market in these regions.

MARKET PLAYERS

The report contains critical developments in the unicompartmental knee prosthesis market as organic and inorganic growth strategies. Various firms are focusing on organic growth strategies like product launches, product approvals, and others, such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions and partnerships & collaborations. These activities have cleared the way for the expansion of business and customer base of market players. The market players from the unicompartmental knee prosthesis market are anticipated to have profitable growth opportunities in the coming years with the rising demand for unicompartmental knee prosthesis in the global market. Mentioned below is the list of few companies engaged in the unicompartmental knee prosthesis market.

The report also contains the profiles of key players in the unicompartmental knee prosthesis market, along with their SWOT analysis and market strategies. Additionally, the report focuses on leading industry players with information on company profiles, components, and services provided, financial information of the last three years, critical development in the past five years.

•  Aesculap, Inc
  
•  Arthrex, Inc
  
•  B. Braun Medical Ltd
  
•  Conformis
  
•  DJO Global, Inc
  
•  Exactech, Inc
  
•  Stryker
  
•  Zimmer Biomet
  
•  Smith & Nephew
  
•  X-NOV Medical Technology
  

The Insight Partner's dedicated research and analysis team comprises of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Unicompartmental Knee Prosthesis Report Scope