Technological Advancements are Propelling the Growth of the Smart Knee implant Market in the APAC Region!

The Asia Pacific Smart Knee implant market is a significant contributor to the global smart knee implant market, which is expected to grow significantly during the forecast period. The increasing expansion of market players in the region and launch of the new products is the major attributing factor for the market growth of the smart knee implant in the region. For instance, in May 2023, Exactech, a developer and manufacturer of innovative implants, instruments and intelligent technologies for joint replacement surgery, announced plans to accelerate the expansion of its Newton™ knee joint in the Asia Pacific region.

Access sample report (including graphs, charts, and figures) – https://univdatos.com/get-a-free-sample-form-php/?product_id=45514

Further, the Asia-Pacific Smart Knee implant Market is expected to grow at a strong CAGR of 5% during the forecast period (2023-2030). The growing population and orthopedic disorders among them are the major reason for the market growth of smart knee implants in the Asia-Pacific.

FIG. 1 APAC Smart Knee implant Market Revenue (2020-2030)- USD Mn

• Based on procedure type, the market is segmented into total knee replacement, partial knee replacement, and revision knee replacement. As per our analysis, the total knee replacement segment acquired a major share in 2022. The increasing number of knee replacements is the major reason for the growth of the segment. For instance, as per the American Society of Orthopedics surgeons, 452781 procedures are performed each year worldwide. With the increasing incidence of knee-related disorders such as osteoarthritis, the demand for total knee replacement is expected to continue to grow.

• Based on the end-use, the market is segmented into hospitals, clinics, and ambulatory service centers. The ambulatory service centers segment is expected to grow with a higher CAGR in the Smart Knee implant market during the forecast period. ASCs are becoming increasingly popular as a more cost-effective alternative to traditional hospital settings for outpatient surgery. They offer many benefits, including lower costs, shorter wait times, and a more comfortable and convenient experience for patients. Due to the advantages offered by ASCs, the ambulatory service centers segment is expected to witness fast growth.

For a detailed analysis of Global Smart Knee implant Market browse through – https://univdatos.com/report/smart-knee-implant-market/

Global Smart Knee Implant Market Segmentation

Market Insight, by Procedure Type

· Total knee replacement

· Partial knee replacement

· Revision knee replacement

Market Insight, by End-Use

· Hospitals

· Clinics

· Ambulatory service centers

Market Insight, by Region

· North America

o U.S.

o Canada

o Rest of North America

· Europe

o Germany

o UK

o France

o Italy

o Spain

o Rest of Europe

· APAC

o China

o Japan

o India

o Rest of APAC

· Rest of the World

Top Company Profiles

· Medical Device Business Services, Inc.

· Zimmer Biomet

· Smith+Nephew

· Aesculap, Inc.

· Exactech, Inc..

· Medacta International

· MicroPort Scientific Corporation

· CONMED Corporation

· Kinamed Incorporated

· Conformis.