The global unicompartmental knee prostheses market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). Unicompartmental knee prostheses are also called partial knee replacements. In this, only a portion of the knee is resurfaced. Additionally, it is an alternative to total knee replacement for patients whose disease is limited to just one area of the knee. The major factor driving the growth of the global unicompartmental knee prostheses market is the rising geriatric population across the globe. According to the Department of Economic and Social Affairs, there were 703 million people aged 65 years or over globally in 2019 which is anticipated to double to 1.5 billion in 2050. Additionally, the market is also growing due to increasing specialty care services such as specialty and super-specialty hospitals and advanced treatment options.
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Some major players in the market include Stryker Corp., Smith & Nephew plc, and B. Braun Melsungen AG, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in December 2019, Smith+Nephew announced that it has completed the first surgeries utilizing its new JOURNEY II Unicompartmental Knee (UK) System.
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Market Coverage
Segment Covered-
- By Product
- By Material
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Stryker Corp., Smith & Nephew plc, and B. Braun Melsungen AG, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Unicompartmental Knee Prostheses Market Report by Segment
By Product
- Fixed Bearing Implants
- Mobile Bearing Implants
- Medial Pivot Implants
- Other
By Material
- Stainless Steel
- Cobalt-chromium Alloys
- Titanium Alloys
- Polyethylene
- Ceramics
- Other
By End-User
- Hospitals
- Ambulatory Surgery Centers
- Orthopedic Clinics
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