Knee Cartilage Repair market is having is face change in the forecast years 2019 to 2026 and the following report will assist you in making decision regarding the market. This report provides you with the detailed market definition, classifications, applications and what the key market trends are which can make a great difference when it comes Knee Cartilage Repair market in this industry. The report also contains the market drivers and restrains which are derived from SWOT analysis of the Knee Cartilage Repair market. Top players and brands are making moves such as developments, products launches, acquisitions, merges, joint ventures and competitive research in the Knee Cartilage Repair market. A change was seen in the CAGR levels in the historic year 2017, base year 2018 and the CAGR levels are also certain to change in the forecast years 2019-2026.
Global Knee Cartilage Repair Market is expected to rise from its initial estimated value of USD 3.31 billion to an estimated value of USD 5.37 billion by 2026, registering a CAGR of 6.25% in the forecast period of 2019-2026. Increasing knee fractures is the major factor for the growth of this market.
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Global Knee Cartilage Repair Market By Surgery Type (Autologous Chondrocytes Implantation, Cell-based Cartilage Resurfacing, Microfracturing, Subchondroplasty, Osteochondral Autograft Transplantation, Meniscus Transplantation, Others), Number of Stages (One- stage, Two- stage), Cartilage Type (Elastic Cartilage, Fibrocartilage, Articular Cartilage, Hyaline Cartilage), End- Users (Orthopedic Hospitals, Orthopedic Surgeons, Clinics), Treatment Modality (Cell-based Approaches, Non Cell-based Approaches), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Definition: Global Knee Cartilage Repair Market
Knee cartilage repair is a process which is used by the surgeon to remove unravels and ripped cartilage. This surgery is done to reduce the knee pain, restore knee function and to slow down the cartilage degeneration. Increasing neuromuscular disorder among the population is the major factor fueling the growth of this market.
Key Market Competitors: Global Knee Cartilage Repair Market
Few of the major competitors currently working in the knee cartilage repair market are Histogenics, Vericel, Swedish Orphan Biovitrum AB, The Future of Biotechnology, MEDIPOST, Zimmer Biomet, Osiris, B. Braun Melsungen AG, Stryker, Smith & Nephew, Medtronic, CONMED Corporation., DePuy Synthes, Arthrex, Inc., LifeNet Health, Anika Therapeutics, Inc., Takeda Pharmaceutical Company Limited., BioTissue.
Competitive Analysis: Global Knee Cartilage Repair Market
Global knee cartilage repair market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of knee cartilage repair market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
- Rising neuromuscular disorders among the ageing population are driving the growth of this market
- Increasing sports participation among the population is driving the market growth
- High price of the knee cartilage surgeries is restraining the growth of this market
- Increasing rate of complications related to the surgery is restraining the market
Segmentation: Global Knee Cartilage Repair Market
- By Surgery Type
- Autologous Chondrocytes Implantation
- Cell-based Cartilage Resurfacing
- Osteochondral Autograft Transplantation
- Meniscus Transplantation
- By Number of Stages
- One- stage
- Two- stage
- By Cartilage Type
- Elastic Cartilage
- Articular Cartilage
- Hyaline Cartilage
- By End- Users
- Orthopedic Hospitals
- Orthopedic Surgeons
- By Treatment Modality
- Cell-based Approaches
- Chondrocyte Transplantation
- Growth Factor Technology
- Stem Cells
- Non Cell-based Approaches
- Tissue Scaffolds
- Cell-free Composites
- Cell-based Approaches
Key Developments in the Market:
- In June 2017, Apollo Hospitals and RMS REGROW announced that they have partnered with each other so that they can launch their new regenerative medicine cell therapy products- Ossron and Chondron for bone and cartilage problems. They are designed for sports injuries, accidents and will also be used for hip and knee replacement. The main aim is to create new innovative and advanced healthcare treatments.
- In March 2016. Allosource announced the launch of their new cartilage restoration matrix ProChondrix which is specially designed to provide necessary components required for the cartilage to regenerate. It is designed in such a way so that they can meet the biomechanical and biochemical properties of hyaline cartilage. Its aim is to enhance the success rate of microfracture surgery and healing the affected area to heal naturally.
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- Current and future of global knee cartilage repair market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds the highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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