This report entails a detailed quantitative analysis of the current market trends from 2017 to 2025 to identify the prevailing opportunities along with strategic assessment of global cartilage repair market.
New York, NY -- (SBWIRE) -- 06/17/2019 -- Articular cartilage is a complex tissue, which is devoid of blood supply (avascular). It is composed of distinct cells called chondrocytes suspended in a collagenous matrix. The key function of this tissue is to smoothen bone movements, and absorbs shock along with providing cushioning to the joints.
Cartilage repair is a type of cartilage restoration method, wherein the injured cartilage is healed by replacing it with extracellular matrix and new cells. The global cartilage repair market was valued at $713 million in 2017, and is estimated to reach at $2,195 million by 2025, registering a CAGR of 15.0% from 2018 to 2025.
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Upsurge in geriatric population, surge in prevalence of degenerative conditions such as osteoarthritis, and rise in sports-related injuries are the key factors that augment the growth of the global cartilage repair market. Furthermore, increase in obesity among the population is expected to boost the market growth.
However, high costs associated with cartilage repair products and an unclear regulatory scenario are some of the factors that impede the market growth. Conversely, high potential of emerging economies and increase in demand for cartilage repair products are expected to provide new opportunities for the market players in future.
The cartilage repair market is segmented based on modality, type, application, end user, and region. On the basis of modality, the market is divided into chondroplasty & microfracture, autologous chondrocyte implantation, osteochondral allograft and juvenile allograft fragments.
KEY MARKET PLAYERS PROFILED:
B. Braun Melsungen AG
Johnson & Johnson
Osiris Therapeutics, Inc.
RTI Surgical, Inc.
Smith & Nephew PLC
Zimmer Biomet Holdings, Inc.
Apart from this, the valuable document weighs upon the performance of the industry on the basis of a product service, end-use, geography and end customer.
The industry experts have left no stone unturned to identify the major factors influencing the development rate of theCartilage Repair industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to theCartilage Repair industry.
A high focus is maintained on factors such as demand and supply, production capacity, supply chain management, distribution channel, product application and performance across different countries. The report not only offers hard to find facts about the trends and innovation driving the current and future of Cartilage Repair business, but also provides insights into competitive development such as acquisition and mergers, joint ventures, product launches and technology advancements.
A quick look at the industry trends and opportunities
The researchers find out why sales ofCartilage Repair are projected to surge in the coming years. The study covers the trends that will strongly favour the industry during the forecast period, 2019 to 2023. Besides this, the study uncovers important facts associated with lucrative growth and opportunities that lie ahead for the Cartilage Repair industry.
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KEY MARKET SEGMENTS
Chondroplasty & Microfracture
Autologous Chondrocyte Implantation
Juvenile Allograft Fragments
By End User
Hospitals & Clinics
Ambulatory Surgical Centers
Region wise performance of theCartilage Repair industry
This report studies the global Cartilage Repair market status and forecast, categorizes the global Cartilage Repair market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
This Cartilage Repair market report holds answers to some important questions like:
- What is the status of the Cartilage Repair market that is segmented on the basis sale as well as types?
- Which segment will generate more revenue for the Cartilage Repair industry in the coming years?
- Who are the leading international Cartilage Repair brands? Which product is consumed more?
- Which countries are expected to grow at the fastest rate?
- Which factors have attributed to an increased sale worldwide?
- What is the present status of competitive development?
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