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Unicompartmental Knee Prostheses Market Growth, Trends, Industry Analysis and Forecast - 2031

12-14-2024 02:59 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Unicompartmental Knee Prostheses Market

Unicompartmental Knee Prostheses Market

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.

Full report of Unicompartmental Knee Prostheses Market available @ https://www.omrglobal.com/industry-reports/unicompartmental-knee-prostheses-market

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

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/unicompartmental-knee-prostheses-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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