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Knee Cartilage Repair Market Segments and Future

Transparency Market Research Added A New Report "Knee Cartilage Repair Market" And Its Full Database.

 

Albany, NY -- (SBWIRE) -- 05/12/2015 -- Articular cartilage is a firm, flexible connective tissue that covers the ends of bones in the knee joint. This tissue acts as a shock absorber and reduces friction in the joint. Sometimes, the cartilage area may become damaged, limiting the knee's normal movement and often resulting into severe pain. The cartilage of the knee is easily injured if the knee is twisted while bearing weight. The seriousness of the knee cartilage injury depends on the location and size of the tear. Various symptoms associated with knee cartilage damage are severe pain, swelling, locking of the knees, and weakening of the knees. Damage to the articulate cartilage of the knee is diagnosed with the help of X-rays, crunching of the joint (crepitus) or locking. There are various treatments available for knee cartilage damage such as exercises to strengthen muscles, electrical simulation, and surgery for severe knee injuries.

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Based on type of surgeries, the knee cartilage repair market can be segmented as follows:

Autologous Chondrocyte Transplantation (ACI): ACI is a two-step procedure in which firstly the healthy cartilage cells are arthroscopically removed from the knee and then the cells are grown in the laboratory for around 8 weeks

Meniscus Transplant: This process involves the transplantation of the meniscus from a donor in order to restore the shock-absorbing capability of the knee. It is usually recommended for patients who have their meniscus removed.

Osteochondral Allograft: Osteochondral allograft is performed through an open incision in which the graft is carefully sterilized and prepared before implantation. After sterilization, the graft is shaped to fit the exact contour of a patient's knee defect.

Microfracture: Microfracture is a procedure performed arthroscopically in which small holes are created in the knee bone to allow bleeding. Blood contains bone marrow cells that stimulates cartilage growth which covers the damaged area.

Geographically, the knee cartilage repair market can be segmented into four major regions: North America, Europe, Asia Pacific and Rest of the World (RoW). Out of these regions, North America dominates the market followed by Europe. The prime factors which are responsible for the growth of knee cartilage repair market are increasing geriatric population, and rapid degenerative changes of the knees. Furthermore, growth of the market is partly driven by the expanded access to health insurance coverage in the U.S. through the Medicare and the Medicaid. Asia Pacific is one of the most lucrative markets for the growth of knee cartilage repair market as the region is developing at a rapid pace. The advantageous factors which would contribute the growth of the market in Asia Pacific are increasing number of patient population base, increasing demand for elder care and treatment for age-related conditions. In addition, heightening concerns about the public health care system's sustainability and huge government support for modern healthcare infrastructure would also fuel the growth of the market in the coming few years.

Various biopharmaceutical companies are constantly coming up with novel therapeutics for the treatment of knee cartilage damage. Some of the top players operating in the knee cartilage repair market are Covidien, Biomet, Inc., Azellon Cell Therapeutics, Johnson and Johnson, Smith & Nephew PLC, Arthrex, Inc., Genzyme Corporation/Sanofi SA, Musculoskeletal Transplant Foundation, Inc., Medtronic, Inc., RTI Biologics, Inc., LifeNet Health, Inc., ConMed Linvatec/ConMed Corporation and others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America
Asia Pacific
Europe
Rest of the World

This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter's five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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