Global knee cartilage regeneration market will multiply at a CAGR of 5.95% during the forecast period of 2017 to 2023. Revenue-wise, opportunities in this market are estimated to be worth US$2,751.8 mn, considerably more than its evaluated worth of US$1,945.9 mn in 2017.
[INPRwire, Tue Apr 09 2019] In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Knee Cartilage Repair Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.
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Cartilage is a soft and rubbery material present in the bone joint and is involved in preventing friction between the bones by acting as a shock absorber in the joint. Damage to cartilage restricts the normal movement of knee causing pain and most often occurs after a traumatic and twisting injury to the knee. If left untreated, it may require knee replacement surgery. Knee cartilage repair has been beneficial for conditions such as mal-unions, delayed unions, and slow healing wounds. Advances in knee cartilage repair products have bolstered the growth of this industry.
This report provides in-depth analysis of the global knee cartilage repair products market. The stakeholders for this report include companies involved in the research and development, manufacturing and commercialization of knee cartilage products, suppliers and new entrants planning to invest in this market. For providing a snapshot of this market to the stakeholders, executive summary section is included in this report, which summarizes the market size, trends and competition for different knee cartilage repair products in six major regions.
The market overview section of this report analyzes market dynamics such as drivers, restraints and opportunities that influence the knee cartilage repair market in the current and future scenario. Further, Porter’s five forces analysis and market attractiveness analysis have been included in market overview section in order to explain the intensity of competition in the market. Porter’s five forces analysis in the section depicts the attractiveness of the knee cartilage repair market in terms of five different attributes that have an effect on the sustenance of the players in the knee cartilage repair market. Competitive scenario among the market players is analyzed through a market share analysis of major market players in the competitive landscape section of the report. All these factors will help the market players to decide about the business strategies and plans to be incurred in future for strengthening their position in the global market.
Based on the procedure types, the global knee cartilage repair market is segmented into arthroscopic chondroplasty, autologous chondrocyte implantation, osteochondral grafts transplantation, cell-based cartilage resurfacing, implants transplant, microfracture and others.
Geographically, the knee cartilage repair market has been differentiated into six major regions: North America, Europe, Asia Pacific, Latin America, the Middle East & North Africa and Rest of the World (RoW). Moreover, analysis for the major country comprising U.S. Canada, Germany, U.K, Japan China, India, Australia, Brazil, Mexico, Egypt, Kuwait, UAE and Saudi Arabia have also been provided in the report. The market value for all the countries has been provided from the year 2017 to 2023, considering 2016 as base years.
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For both the segments, the report provides market estimation of knee cartilage repair products in terms of revenue (US$ Mn) market and with CAGR % for period 2017 to 2023, considering 2016 as the base year.
This report also includes recommendations section that will assist new companies in establishing their presence and market players in expanding their market share in the knee cartilage repair market. The report concludes with the company profile section which includes company overview, financial overview, product portfolio, business strategies and recent developments for market players. The major players that are profiled in the report include DePuy Synthes, Zimmer Biomet, Stryker Corporation, Smith & Nephew plc, and B. Braun Melsungen AG.
Global Knee Cartilage Repair Market, by Procedure Types