The Global Unicompartmental Knee Prosthesis Market is expected to foresee significant growth. North America leads the growth!

Author: Vikas Kumar

22 July 2023

The unicompartmental knee prosthesis market is a type of knee replacement surgery that involves replacing only one part of the knee joint affected by arthritis or injury, rather than the entire joint. This approach allows for a smaller incision, less bone removal, and a faster recovery time compared to a total knee replacement. During the surgery, the damaged part of the knee joint is removed and replaced with a metal or plastic implant. The implant is designed to replicate the natural shape and function of the knee joint, allowing for improved mobility and reduced pain. Compared to a total knee replacement surgery, a unicompartmental knee prosthesis offers several benefits, including a shorter recovery time, less bone removal, and a smaller incision.

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The unicompartmental knee prosthesis market is expected to grow at a steady rate of around 4% owing to the increasing aging population, rising prevalence of knee osteoarthritis & musculoskeletal injuries, and growing demand for minimally invasive surgical procedures. For instance, according to the World Health Organization (WHO), approximately 1.71 billion people have musculoskeletal conditions worldwide. Moreover, advancements in implant design and materials have improved the durability and longevity of unicompartmental knee prostheses, making them a more attractive option for patients and healthcare providers. Technological innovations in surgical techniques and equipment are also expected to contribute to the growth of this market. However, the high cost of these procedures and limited insurance coverage may hinder market growth in certain regions.

· Based on product, the market is segmented into fixed-bearing implants, mobile-bearing implants, medial pivot implants, and others. The fixed-bearing prostheses segment accounted for a significant market share, and it is estimated that it will grow rapidly during the projected timeframe because this is a less expensive prosthesis option compared to mobile-bearing prostheses.

· On the basis of application, the market is categorized into primary surgical and revision surgical. Among these, the primary surgical category held a significant share of the market in 2021. This is mainly due to the rising prevalence of knee osteoarthritis and other knee conditions, advancements in implant design and surgical techniques, the minimally invasive nature of the procedure, and the adoption of new technologies in the field. Further on, the rising adoption of computer-assisted surgery and 3D printing of implants are also expected to fuel the growth of this segment. For instance, in January 2019, the Hospital for Special Surgery (HSS) collaborated with Lima Corporate to provide a 3D-printed facility for orthopedic implants. This collaboration would help HSS to use Lima’s technology to produce new products for orthopedic joint care and to expand its product portfolio.

For a better understanding of the market adoption of the All-Terrain Vehicle industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is anticipated to grow at a substantial CAGR during the forecast period. The rising growth of this market in the region is mainly due to the rising sports activities& injuries, spinal injuries, and the availability of a high number of hospitals & healthcare clinics in the region. Moreover, the availability of major pharmaceutical and medical device companies is launching new products and working on new technological developments. 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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Some of the major players operating in the market include Stryker; Aesculap, Inc.; Arthrex, Inc.; Beijing Chunlizhengda Medical Instruments Co., Ltd.; Zimmer Biomet; Biotech GmbH; Conformis; Corin Group; Medical Device Business Services, Inc.; and Exactech, Inc.

Global Unicompartmental Knee Prosthesis Market Segmentation

Market Insight, by Product

· Fixed Bearing

· Mobile Bearing

· Medial Pivot

· Others

Market Insight, by Application

· Primary Surgical

· Revision Surgical

Market Insight, by Material

· Stainless Steel

· Cobalt-Chromium Alloys

· Titanium Alloys

· Polyethylene

· Ceramics

· Others

Market Insight, by End-User

· Hospitals

· Ambulatory Surgery Centers

· Orthopedic Clinics

Market Insight, by Region

· North America

o US

o Canada

o Rest of North America

· Europe

o Germany

o United Kingdom

o France

o Italy

o Spain

o Rest of Europe

· Asia-Pacific

o China

o Japan

o India

o Rest of Asia-Pacific

· Rest of the World

Top Company Profiles

· Stryker

· Aesculap, Inc.

· Arthrex, Inc.

· Beijing Chunlizhengda Medical Instruments Co., Ltd.

· Zimmer Biomet

· Biotech GmbH

· Conformis

· Corin Group

· Medical Device Business Services, Inc.

· Exactech, Inc.

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