Uploaded on Jan 24, 2022
The cartilage repair market is anticipated to grow considerably in the near future, owing to different factors such as increase in obesity & sedentary lifestyle among the population, rise in elderly population, and upsurge in prevalence of arthritis globally. However, high costs associated with cartilage repair procedures and unclear regulatory scenario are the key factors that are expected to impede the market growth.
Cartilage Repair Market Ongoing Trends and Recent Developments
Cartilage Repair Market growing at a CAGR of 15.0% | Strategic Analysis and Future Scenarios – 2026 Cartilage Repair Market by Modality (Chondroplasty & Microfracture, Autologous Chondrocyte Implantation, Osteochondral Allograft, and Juvenile Allograft Fragments), Type (Hyaline Cartilage and Fibrocartilage), Application (Knee, Shoulder, and Others), and End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Others) - Global Opportunity Analysis and Industry Forecast, 2018-2026 Why Allied Market Research? FREQUENTLY ASKED QUESTIONS? INFALLIBLE METHODOLOGY To ensure high-level data integrity, accurate analysis, and impeccable forecasts Q1. What is the total market value of Cartilage repair market report? ANALYST SUPPORT For complete satisfaction Q2. What would be forecast period in the market report? CUSTOMIZATION Q3. What is the market value of On-demand customization of scope of the report to exactly meet your needs Cartilage repair market in 2020? TARGETED MARKET VIEW Q4. Which is base year calculated in the Cartilage repair market report? Targeted market view to provide pertinent information and save time of readers Q5. Which are the top companies hold the market share in Cartilage repair market? Overview According to a new report published by Allied Market Research, titled, "Cartilage Repair Market by Modality, Type, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global market was valued at $713 million in 2017, and is projected to reach $2,195 million by 2025, growing at a CAGR of 15.0% from 2018 to 2025. North America is anticipated to be the highest revenue contributor throughout the forecast period. Cartilage repair is a process that encompasses treatment of the damaged cartilage through different modalities such as chondroplasty, autologous chondrocyte implantation, osteochondral allograft, and juvenile allograft fragments to restore normal functions of the connective tissue. Segments In terms of revenue, the global surgical robotics market is segmented on the basis of modality, type, application and End User. By Product- Asia-Pacific is expected to grow at the highest CAGR of 16.5% from 2018 to 2025, due to increase in disposable income; surge in research, development, & innovation activities; and rise in awareness towards cartilage repair products. By modality- By modality, chondroplasty & microfracture accounted for more than one-fourth share of the global cartilage repair market in 2017. In terms of application, the knee segment garnered nearly half of the market share in 2017, and is projected to exhibit prominent growth rate, owing to surge in prevalence of knee osteoarthritis globally. Geography North America dominated the Cartilage repair market. The market growth in North America is primarily a reflection of product innovations and launches resulting from technological advancements. The companies mostly adopted product launch, acquisition, and expansion as their key strategies to keep pace with the changing demands of consumers and strengthen their market position. Key Market Players The key players operating in the global Cartilage repair market are • Johnson & Johnson • B. Braun Melsungen AG • Smith & Nephew Plc • Stryker Corporation • Zimmer Biomet Holdings, Inc • Conmed Corporation • Arthrex, Inc • RTI Surgical, Inc • Vericel Corporation • Osiris Therapeutics, Inc • An in-depth market analysis includes analysis of various regions, which is anticipated to provide a detailed Key Findings of the understanding of the current trends to enable stakeholders formulate region-specific plans. Cartilage repair • A comprehensive analysis of factors that drive and market: restrain the growth of the global is provided. • The projections in this report are made by analyzing the current trends and future market potential from 2021 to 2030, in terms of value. Find out more at the Allied Market Report store https://www.alliedmarketresearch.com/cartilage-repair-market ABOUT ALLIED MARKET RESEARCH Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 [email protected] Web: https://www.alliedmarketresearch.com
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