Wrist Replacement Market Report: Forecast to 2036
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
- Market Size Analysis: The wrist replacement market is expected to expand significantly by 2036, driven by the increasing number of arthritis patients and wrist fractures due to the aging global population.
- Product Segmentation: The report covers Total Wrist Replacement and Ulnar Head Replacement, providing detailed data on market share, average selling prices, and intervention volumes, aiding companies in formulating precise market strategies.
- Competitive Landscape Insights: The analysis of major players like Stryker and Smith & Nephew includes SWOT analysis, helping investors identify potential investment targets and market opportunities.
- Policy and Regulatory Environment: The report delves into the healthcare systems, reimbursement policies, and regulatory landscapes of various countries, supporting companies in strategic planning to maintain competitiveness in complex markets.
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Analyst Views on SNN
Wall Street analysts forecast SNN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SNN is 35.75 USD with a low forecast of 34.00 USD and a high forecast of 37.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 33.860
Low
34.00
Averages
35.75
High
37.50
Current: 33.860
Low
34.00
Averages
35.75
High
37.50
About SNN
Smith & Nephew plc is a portfolio medical technology company. The Company is engaged in developing, manufacturing, marketing, and selling medical devices and services. It is focused on the repair, regeneration, and replacement of soft and hard tissue. The Company's segments include Orthopaedics, Sports Medicine & ENT and Advanced Wound Management. Its Orthopaedics segment includes a range of hip, knee and shoulder implants used to replace diseased, damaged or worn joints, robotics-assisted enabling technologies that empower surgeons, and trauma products used to stabilise severe fractures and correct bone deformities. Its Sports Medicine & Ear, Nose and Throat (ENT) businesses offer advanced products and instruments used to repair or remove soft tissue. Its Advanced Wound Management portfolio provides a comprehensive set of products to meet broad and complex clinical needs, and to help healthcare professionals reduce the human and economic consequences of wounds.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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