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Global Cartilage Repair Market Analysis by Application, End User and Region to 2025

10-05-2018 12:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QY Research, INC.

Global Cartilage Repair Market Analysis by Application, End

This report studies the global Cartilage Repair market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Cartilage Repair market by companies, region, type and end-use industry.
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.

There is an increase in prevalence of OA due to growing geriatric population and increasing related factors such as obesity. This condition is a major cause of disability in the U.S. and had affected over 20.0 million Americans in 2012; this number is anticipated to reach 40.0 million over the next 10 years. Currently, the disease has affected over 30.0 million U.S. adults. Furthermore, over 12.0 million people suffer from knee pain and visit the doctors in the U.S. Furthermore, OA affects around 15.0 million Indians and arthritis affects around 10.0 million individuals in the UK every year, thereby driving this industry’s growth.

The rising prevalence of obesity in the Americas can result in many complications such as degenerative and inflammatory conditions such as osteoarthritis and joint pain and joint degeneration. This, in turn, boosts the demand for cartilage repair products in the region. Furthermore, the cell therapy, application of stem cells and advancements in nanotechnology will further drive the growth prospects for the global cartilage repair market in the region in the forthcoming years.

North America was the leading revenue contributor to the global market in 2017, owing to high adoption rate of cartilage repair products. However, 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.

This report focuses on the global top players, covered

Stryker

Smith & Nephew

AlloSource

Bio-Tissue

Collagen Solutions

Geistlich Pharma

Orteq

RTI Surgical

Vericel

XTANT MEDICAL

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India
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Market segment by Type, the product can be split into

Cell-Based Therapy

Non-Cell Based Therapy

Market segment by Application, split into

Hospitals

Clinics

Physicians' Offices

ASCs

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