Increasing Incidence Of Bone And Joint Disorders And Orthopedic Surgeries Are Key Drivers For Global Cartilage Repair/ Cartilage Regeneration Market
Published On: March 2019 | Category: Healthcare

Cartilage is a flexible connective tissue generally found in bone joints.  It is very strong and flexible fibrous tissue, and it takes many forms and serves multiple purposes throughout the body. However, in case of injury, cartilage does not heal on its own due to which surgical techniques need to attempt.

Global Cartilage Repair/ Cartilage Regeneration market report is segmented on the basis of application, treatment type and by regional & country level. Based application, global Cartilage Repair/ Cartilage Regeneration market is classified as Hyaline Cartilage Repair and Fibrocartilage Repair. Based on treatment type, global Cartilage Repair/ Cartilage Regeneration market is classified as Cell-Based Approaches and Non-Cell-Based Approaches. Based upon end user, global Cartilage Repair/ Cartilage Regeneration market is classified as hospitals, Diagnostic centers, and others.

The regions covered in this Cartilage Repair/ Cartilage Regeneration market report are North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. On the basis of the country level, market of Cartilage Repair/ Cartilage Regeneration is subdivided into U.S., U.K., France, Germany, China, Japan, India, and Brazil.

Global Cartilage Repair/ Cartilage Regeneration Market Dynamics

Increasing demand for cartilage repairing surgeries due to the rising prevalence of bone and joint disorders coupled with increasing geriatric populations are major driving factors for Global Cartilage Repair/ Cartilage Regeneration Market. Unfortunately, an increasing number of road accidents globally is expected to raise the demand for cartilage repairing surgeries. However, the high cost of surgery may limit the growth of the Global Cartilage Repair/ Cartilage Regeneration Market.

Global Cartilage Repair/ Cartilage Regeneration Market Regional Analysis –

North America dominates the market with highest market share due to the well-developed healthcare sector and the ability of the patient to pay for treatment. Europe is the second largest market for Cartilage Repair/ Cartilage Regeneration and it is expected to generate new opportunity with product innovation. Asia Pacific Cartilage Repair/ Cartilage Regeneration market is witnessed with strong growth rate due to public health awareness and government initiatives and subsidies. For instance, in 2017, India’s Prime Minister Narendra Modi has taken some steps to control healthcare cost. Under this initiative, the prices of knee implants have been reduced up to 69%.

Key Players for Global Cartilage Repair/ Cartilage Regeneration Market Reports

Zimmer Biomet, Stryker Corporation, DePuy Synthes, Smith & Nephew plc, Vericel Corporation, Osiris Therapeutics Inc., B. Braun Melsungen AG, Anika Therapeutics, Inc., Arthrex, Inc., and Collagen Solutions Plc., are some of the key players involved in the cartilage repair market.

 



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