Unicompartmental Knee Prostheses Market Outlook
According to a new report by Expert Market Research titled, “Unicompartmental Knee Prostheses Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global unicompartmental knee prostheses market is projected to grow at a CAGR of 3.8% between 2024 and 2032. Aided by the rising incidences of spinal stenosis and the growing geriatric population, the market is expected to grow significantly by 2032.
Unicompartmental knee prostheses, often referred to as partial knee replacements, serve as an alternative to total knee replacements. These are designed to replace only the damaged part of the knee, leaving healthy bones and cartilage untouched. This method ensures quicker recovery, lesser pain, and more natural knee movement post-surgery, making it an attractive option for both surgeons and patients alike.
The continuous rise in the global ageing population has been a significant factor fuelling the unicompartmental knee prostheses market growth. Ageing often leads to wear and tear of the knee joint, resulting in conditions like osteoarthritis. This ailment is one of the primary reasons individuals seek out knee replacement surgeries.
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Growing inclination towards minimally invasive surgeries has been one of the major unicompartmental knee prostheses market trends. These types of procedures reduce hospital stays, scarring, and post-surgical complications. The development and enhancement of robotic-assisted surgical systems have further boosted this trend, offering surgeons more precision during the procedure, and patients a higher success rate and faster recovery.
The unicompartmental knee prostheses market analysis reveals a growing emphasis on customised prostheses solutions. Medical professionals are increasingly adopting a patient-specific approach, considering individual anatomy and requirements. 3D printing technologies are facilitating this shift, allowing for the creation of prostheses tailored to the patient’s unique knee structure.
The market expansion is backed by a confluence of technological advancements, a rising ageing population, and the ever-growing medical needs stemming from osteoarthritis. As medical science continues its stride towards less invasive and more effective solutions, the market for unicompartmental knee prostheses is expected to grow, ensuring that individuals can regain mobility, lessen pain, and enhance their quality of life.
Additionally, the continuous advancements in the material used in prostheses play a crucial role in catering to the growing unicompartmental knee prostheses market demand. Biocompatible materials that mimic the natural movement of the knee joint, provide durability, and reduce wear are the focus of ongoing research and development.
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Unicompartmental Knee Prostheses Market Segmentation
The market can be divided based on product and region.
Market Breakup by Product
- Mobile-Bearing (MB) Prostheses
- Fixed Bearing (FB) Prostheses
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global unicompartmental knee prostheses market. Some of the major players explored in the report by Expert Market Research are as follows:
- B. Braun Melsungen AG
- Johnson & Johnson Medical Devices Companies
- Smith & Nephew plc
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
- Others
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