Pakistan PK: GDP: Real: GNI per Capita data was reported at 66,481.886 PKR in 2017. This records an increase from the previous number of 64,526.160 PKR for 2016. Pakistan PK: GDP: Real: GNI per Capita data is updated yearly, averaging 43,789.730 PKR from Jun 1986 (Median) to 2017, with 32 observations. The data reached an all-time high of 66,481.886 PKR in 2017 and a record low of 35,444.604 PKR in 1986. Pakistan PK: GDP: Real: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.World Bank: Gross Domestic Product: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Partial Knee Replacement (PKR) Market Outlook

The global Partial Knee Replacement (PKR) market size was valued at USD 2.5 billion in 2023 and is projected to reach USD 4.2 billion by 2032, growing at a CAGR of 5.8% during the forecast period. The market is witnessing robust growth, driven by the increasing prevalence of knee osteoarthritis and the rising geriatric population, which is more prone to degenerative joint diseases. Technological advancements and the growing awareness about minimally invasive surgical techniques are significantly contributing to the market expansion.

One of the primary growth factors for the PKR market is the increasing prevalence of knee osteoarthritis, a condition that affects millions of people globally. As populations age, the incidence of osteoarthritis is expected to rise, driving the demand for effective treatment options like partial knee replacements. With an aging demographic, particularly in developed regions, the need for PKR procedures is anticipated to grow, thereby propelling market growth. Additionally, advancements in diagnostic techniques have improved the early detection of knee conditions, further boosting the market.

Technological advancements in surgical procedures and implant materials are another crucial factor driving the PKR market. Innovations such as robotic-assisted surgeries and the development of more durable and biocompatible implant materials have enhanced the success rates and longevity of PKR surgeries. These advancements have not only improved patient outcomes but also reduced recovery times, making PKR an attractive option for patients suffering from knee osteoarthritis. The continuous evolution of surgical techniques and materials is expected to drive further growth in the market.

The growing awareness about minimally invasive surgical procedures has also significantly contributed to the expansion of the PKR market. Minimally invasive surgeries, including partial knee replacements, offer numerous benefits such as reduced postoperative pain, shorter hospital stays, and faster recovery times compared to traditional total knee replacements. As patients become more aware of these benefits, the demand for minimally invasive PKR procedures is likely to increase. Furthermore, increasing healthcare expenditure and the expansion of healthcare infrastructure in emerging economies are expected to support market growth.

Regionally, the market presents varied growth opportunities. North America holds the largest share, driven by the high prevalence of knee osteoarthritis, advanced healthcare infrastructure, and the presence of key market players. Europe follows closely, benefiting from a growing aging population and increased adoption of advanced surgical procedures. The Asia Pacific region is expected to witness the fastest growth, attributed to the expanding healthcare sector, increasing awareness about knee replacement surgeries, and a large patient pool. Meanwhile, markets in Latin America, the Middle East, and Africa are gradually growing as healthcare access and economic conditions improve.

Product Type Analysis

The Partial Knee Replacement market is segmented by product type into Fixed-Bearing Implants and Mobile-Bearing Implants. Fixed-bearing implants, the traditional choice for PKR procedures, have a strong foothold in the market due to their established efficacy and lower cost. These implants have been widely adopted for their stability and ease of use, making them a popular choice among surgeons. However, the fixed nature of these implants can limit natural knee movement, which may affect long-term patient outcomes in some cases.

On the other hand, Mobile-Bearing Implants are gaining traction for their ability to provide a more natural range of motion after surgery. These implants are designed with a rotating platform that allows for a more anatomically accurate movement of the knee joint, which can lead to better functional outcomes for patients. The increased flexibility and reduced wear and tear on the implant components make mobile-bearing implants an attractive option for younger, more active patients who require a durable solution.

The market for mobile-bearing implants is expected to grow at a higher rate compared to fixed-bearing implants, driven by ongoing research and development activities aimed at enhancing implant designs and materials. The increasing adoption of robotic-assisted surgeries has also facilitated the precise placement of mobile-bearing implants, further boosting their popularity. As surgical techniques and technologies continue to a

Pakistan PK: GDP: per Capita data was reported at 162,233.612 PKR in 2017. This records an increase from the previous number of 150,492.287 PKR for 2016. Pakistan PK: GDP: per Capita data is updated yearly, averaging 7,007.739 PKR from Jun 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 162,233.612 PKR in 2017 and a record low of 393.090 PKR in 1960. Pakistan PK: GDP: per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.World Bank.WDI: Gross Domestic Product: Nominal. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

Pakistan Average Monthly Wages: Finance, Insurance, & R.Estate data was reported at 57,408.000 PKR in 2021. This records an increase from the previous number of 45,258.000 PKR for 2019. Pakistan Average Monthly Wages: Finance, Insurance, & R.Estate data is updated yearly, averaging 31,926.000 PKR from Jun 2008 (Median) to 2021, with 10 observations. The data reached an all-time high of 57,408.000 PKR in 2021 and a record low of 16,203.000 PKR in 2008. Pakistan Average Monthly Wages: Finance, Insurance, & R.Estate data remains active status in CEIC and is reported by Pakistan Bureau of Statistics. The data is categorized under Global Database’s Pakistan – Table PK.G004: Average Monthly Wages: by Industry. No data for 2016-2017 as per source. Labour Force Survey has not been conducted for these two years due to Population Census.

The global partial knee replacement (PKR) market is experiencing robust growth, driven by a rising geriatric population, increasing prevalence of osteoarthritis, and advancements in minimally invasive surgical techniques. The market's expansion is fueled by a growing preference for PKR over total knee replacement (TKR) due to its less invasive nature, shorter recovery times, and smaller incision size, leading to reduced patient discomfort and faster rehabilitation. Technological advancements, including improved implant designs and enhanced surgical navigation systems, are further contributing to market growth. While the high cost of surgery and implants can be a barrier for some patients, this is partially offset by the long-term benefits of improved mobility and reduced pain, making PKR a cost-effective solution in the long run. Competition among major players like Smith & Nephew, Zimmer Biomet, Stryker, MicroPort Orthopedics, and DePuy Synthes is driving innovation and improvements in implant technology, expanding market access and driving down costs. The market is segmented geographically, with North America and Europe currently holding significant market share due to established healthcare infrastructure and high adoption rates. However, emerging markets in Asia-Pacific and Latin America are demonstrating rapid growth potential, driven by increasing healthcare expenditure and rising awareness about joint replacement procedures. Growth in these regions is anticipated to accelerate over the forecast period (2025-2033). Despite the positive growth outlook, potential restraints include the risk of complications associated with surgery, varying reimbursement policies across different regions, and the availability of skilled surgeons. However, ongoing research and development focused on improving implant durability, reducing complications, and expanding access to surgical expertise are expected to mitigate these challenges and propel market expansion over the next decade. The market is expected to maintain a steady Compound Annual Growth Rate (CAGR), indicating a continuous, albeit moderate, rate of expansion.

Pakistan Average Monthly Wages: Mining and Quarrying data was reported at 29,924.000 PKR in 2021. This records an increase from the previous number of 27,669.000 PKR for 2019. Pakistan Average Monthly Wages: Mining and Quarrying data is updated yearly, averaging 15,238.000 PKR from Jun 2008 (Median) to 2021, with 10 observations. The data reached an all-time high of 29,924.000 PKR in 2021 and a record low of 6,976.000 PKR in 2010. Pakistan Average Monthly Wages: Mining and Quarrying data remains active status in CEIC and is reported by Pakistan Bureau of Statistics. The data is categorized under Global Database’s Pakistan – Table PK.G004: Average Monthly Wages: by Industry. No data for 2016-2017 as per source. Labour Force Survey has not been conducted for these two years due to Population Census.

Allocating healthcare resources in developing countries like Pakistan is constrained by economic limitations and uneven distribution. Therefore, in this study, we aimed to investigate the Willingness to Pay (WTP) for one additional Quality-Adjusted Life Year (QALY) among the general population in Pakistan to establish contextually relevant thresholds for health technology assessment (HTA). We conducted a cross-sectional survey using the convenient sampling technique to estimate the WTP for one additional QALY among the general population of Pakistan. The contingent valuation method (CVM) using the payment card technique was used to assess its monetary value. A total of 600 participants participated in the survey and resulted in 1200 WTP responses for further analysis. The mean WTP/QALY was 114,006.4 Pakistani rupee (PKR) (United States Dollar 410.11), equivalent to 0.29 times Pakistan’s GDP per capita. The WTP/QALY for the quality-of-life improvement scenario was lower than the life-extension scenario. The two-part regression model showed that higher education and income were positively associated with WTP value. This study provides empirical evidence of the monetary value of one additional QALY from a sample of the Pakistani population. These findings highlight country-specific cost-effectiveness benchmarks, and incorporating WTP insights into the healthcare policy for better resource allocation, affordability, and long-term sustainability of the interventions

Pakistan Average Monthly Wages data was reported at 24,028.000 PKR in 2021. This records an increase from the previous number of 21,326.000 PKR for 2019. Pakistan Average Monthly Wages data is updated yearly, averaging 12,636.500 PKR from Jun 2008 (Median) to 2021, with 10 observations. The data reached an all-time high of 24,028.000 PKR in 2021 and a record low of 6,612.000 PKR in 2008. Pakistan Average Monthly Wages data remains active status in CEIC and is reported by Pakistan Bureau of Statistics. The data is categorized under Global Database’s Pakistan – Table PK.G004: Average Monthly Wages: by Industry. No data for 2016-2017 as per source. Labour Force Survey has not been conducted for these two years due to Population Census.

In 2018, the estimated average inflation rate in Pakistan amounted to about 3.93 percent compared to the previous year, a slight drop from 2017, but an ever sharper one compared to four years earlier. Over the next few years, forecasts estimate it to level off at around 6.5 percent.

Pakistan‘s more or less fragile economy

Pakistan is one of the most populous countries in the worldwith a large Muslim population and a rather low urbanization rate, which means that the majority of Pakistanis live in rural areas. However, the majority of the country's GDP is generated by the services sector, which also employs most of the workforce. As of now, Pakistan’s economic growth seems stable, but that wasn’t always the case.

Stable growth ahead?

Like many others, Pakistan’s economy suffered during the 2009 financial crisis, and while it has recovered today, inflation was still over 10 percent in 2012. GDP slumped during that time as well, but now, ten years later, it has almost tripled and seems to be on an upward trend. Although its GDP generation now mainly relies on services, Pakistan still exports agricultural goods like cotton. However, the country still struggles with an increasing trade deficit and thus rising national debt – two factors that could hinder economic growth in the future.

The table shows the number of participants and percentage of TGs and FSWs in different sociodemographic and risk-factor categories. The last column shows p-values, while statistical significance is indicated by *.

Raw data from FSW and TGs used for regression analysis.

The table presents the factors associated with Syphilis mono-infection among TGs and FSWs. The table shows the adjusted odds ratio along with 95% CI (lower-upper) and p-values, while statistically significant variables are shown in bold.

Pakistan Average Monthly Wages: Electricity, Gas & Water data was reported at 42,295.000 PKR in 2021. This records an increase from the previous number of 32,900.000 PKR for 2019. Pakistan Average Monthly Wages: Electricity, Gas & Water data is updated yearly, averaging 22,830.000 PKR from Jun 2008 (Median) to 2021, with 10 observations. The data reached an all-time high of 42,295.000 PKR in 2021 and a record low of 11,712.000 PKR in 2008. Pakistan Average Monthly Wages: Electricity, Gas & Water data remains active status in CEIC and is reported by Pakistan Bureau of Statistics. The data is categorized under Global Database’s Pakistan – Table PK.G004: Average Monthly Wages: by Industry. No data for 2016-2017 as per source. Labour Force Survey has not been conducted for these two years due to Population Census.

Descriptive statistics of socio-demographic variables.