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Collagen Meniscus Implant Market Growth Insights 2020 to 2028- Comprehensive Study, Covid-19 Impact, Share, Size, Revenue Top Players ORBUSNEICH MEDICAL, Medtronic Plc, Abbott Laboratories, Vascular Concepts, C. R. Bard, Lombard Medical Technologies, Biot

08-03-2020 07:39 PM CET | Health & Medicine

Press release from: QUINCE MARKET INSIGHTS

QMI

QMI

The Global Collagen Meniscus Implant Market size was valued at USD 395 million in 2019 and is anticipated to grow at a CAGR of 4.2% during the forecast period. Collagen meniscus implant is the meniscal tears, the most common intra-articular wounds in the lap or knee. A major driver of the market is the growing geriatric population, suffering from knee-related injuries. Tear of the meniscus with degenerative changes is a major risk factor for the development of osteoarthritis in older patients.

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Incidence and prevalence of sports and knee-related injuries are likely to propel the growth of the market. However, high cost associated with the collagen meniscus implants and product recalls, are likely to have a negative impact on the growth of the global collagen meniscus implants market over the forecast period.

The market research report presents an overview of the current market set-up along with a detailed outlook of the global Collagen Meniscus Implant Stents market with thorough analysis of different segments which comprises of By Product (Adult and Pediatric), Material (Biomaterials, Ceramic, Metallic and Polymers), End User (Ambulatory surgical centers, Hospitals and Dental Clinic).

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
ORBUSNEICH MEDICAL
Medtronic Plc
Abbott LaboratoriesVascular Concepts
C. R. Bard
Lombard Medical Technologies
Biotronik SE & Co. KG
Terumo Corporation
Endologix, Inc.
Translumina GmbH.

Recent trends involving global players of the market engaging in strategic collaborations and the growing support of government and healthcare agencies are expected to have a synergistic effect on market growth. Such partnerships lead to development and boost the market competition.

In November 2015, Ivy Sports Medicine, LLC announced the first implantation of its Collagen Meniscus Implant (CMI) in the U.S. The surgery was performed by Wayne Gersoff, M.D. in Denver, Colorado.

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Regional Analysis

North America held the largest share of the meniscus implant market in 2019. According to American Academy of Physical Medicine and Rehabilitation, more than 850,000 orthopedic surgery cases per year and rises yearly, and various surgeries also includes surgical repair of the meniscus.

Europe is expected to register significant growth in the market due to rising sports injuries, increase in number of high age population, according to Eurostat the population with age 65 and more is approximately 19% of the Europe population, and rising number of clinics and hospitals in the region further expected to rise the demand for collagen meniscus implant during the forecast period.

The collagen meniscus implants market in Asia Pacific, which includes countries, such as, China, India, and Japan, is projected to expand rapidly during the forecast period due to rise in geriatric population suffering from knee-joint disorders in these countries. Asia Pacific is the fastest growing region due to the presence of a massive patient pool, favorable government policies, and increase in per capita income, and high medical needs, rising number of hospitals and clinics, increase in consumer preference for treatment in hospitals which are creating opportunity for the growth of the market.

An Overview of the report

The report offers insights on the global sales and revenue of the Collagen Meniscus Implant Stents market
The recent market developments are scrutinized to project latest trends along with growth rate projections
Deeper understanding of the competitive landscape of the major companies operating in the market
New Opportunities and challenges for the global market
Study of innovation and technological advancements in the industry
Analysts have thoroughly examined the market with exhaustive research based on profound understanding of the market with extensive analysis. The global market has been categorized into several segments along with regional analysis to offer insights on present and prospective growth trajectories.

Speak to analyst before buying this report: https://www.quincemarketinsights.com/enquiry-before-buying/enquiry-before-buying-64124?utm_source=Openpr/SK

Market Segmentation:

By Product

Adult
Pediatric
By End User

Hospitals
Clinic
Medical Centers

By Region:

North America Collagen Meniscus Implant Market
By Country (US, Canada, Mexico)
By Product
By End User

Europe Collagen Meniscus Implant Market
By Country (Germany, UK, France, Italy, Spain, Rest of Europe)
By Product
By End User

Asia Pacific Collagen Meniscus Implant Market
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Product
End User

Middle East & Africa Collagen Meniscus Implant Market
By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
By Product
By End User

South America Collagen Meniscus Implant Market
By Country (Brazil, Argentina, Colombia, Rest of South America)
By Product
By End User

Reasons to Buy This Report:
Market size estimation of the collagen meniscus implant market on a regional and global basis
Unique research Usage for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market

Reasons to Buy This Report:
Market size estimation of the collagen meniscus implant market on a regional and global basis
Unique research Usage for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

By Segment
By Sub-segment
By Region/Country

Contact:

Quince Market Insights
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:

QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world’s most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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