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Global Knee Cartilage Repair Market To Reflect Impressive Growth Rate by 2028||B. Braun Melsungen AG, The Future of Biotechnology, MEDIPOST, Vericel Corporation, CONMED Corporation, Medical Devices Business Services (DePuy Synthes)

08-18-2021 01:15 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Knee Cartilage Repair Market

Global Knee Cartilage Repair Market

Global Knee Cartilage Repair market analysis report examines various segments that are relied upon to witness the quickest growth amid the approximate forecast frame. With the particular base year and the historic year, definite estimations and calculations are carried out in this business report. This market study also evaluates the market status, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The winning Knee Cartilage Repair market report is the best option to acquire a professional in-depth study on the current state for the market.

The knee cartilage repair market is expected to gain significant growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyzes that the market is growing with a CAGR of 7.5% in the forecast period of 2021 to 2028 and is expected to reach USD 2,651.17 million by 2028. Increasing number of old age population and rising prevalence of joint disorders such as osteoarthritis are expected to drive the growth of the knee cartilage repair market.

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Major companies operating in the knee cartilage repair market are Smith+Nephew, Stryker, Zimmer Biomet, B. Braun Melsungen AG, The Future of Biotechnology, MEDIPOST, Vericel Corporation, CONMED Corporation, Medical Devices Business Services (DePuy Synthes), Meril Life Sciences Pvt. Ltd., Arthrex, Inc., Medacta International, Teijin Nakashima Medical Co., Ltd., BioTissue SA, ISTO Technologies, Inc., CartiHeal, Inc., Mathys AG Bettlach, Waldemar Link GmbH & Co.KG, JRI Orthopaedics, Regentis Biomaterials Ltd., Auxein Medical., EVOLUTIS INDIA PVT. LTD., and Japan MDM, Inc., among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Various contracts and agreements are also initiated by the companies worldwide, which are further accelerating the growth of the knee cartilage repair market.

For instance,

In April 2021, Stryker partnered with Minor League Baseball and became the official SmartRobotics joint replacement partner. Stryker has launched the latest innovation in joint replacement technology, Mako SmartRobotics, which uses a 3D CT-Based planning software for hip and knee replacement. It helps the surgeons create a 3D image of each patient’s unique anatomy.
In March 2021, Smith-Nephew and Huma The digital technology developed a remote patient monitoring app for orthopedic surgery. Due to COVID-19, surgeries in the UK are running at 50% of usual capacity due to which there are about 250,000 patients on waiting list for orthopedic operations. In order to restart the safe surgery, the company, along with Huma, developed a way for surgeons to prepare their patients in a better way through remote patient monitoring by app

Scope of the Knee Cartilage Repair Market

Global knee cartilage repair market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Switzerland, Russia, Netherlands, Belgium, Ireland, Turkey, Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Philippines, Indonesia, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Israel, Egypt and Rest of Middle East and Africa.

All country based analysis of the market is further analyzed based on maximum granularity into further segmentation. On the basis of treatment, the global knee cartilage repair market is segmented into cell-based and non-cell-based.

On the basis of surgery, the global knee cartilage repair market is segmented into osteochondral autograft transplantation, osteochondral allograft transplantation, micro fracture, drilling, abrasion arthroplasty, autologous chondrocyte implantation, and others.
On the basis of devices, the global knee cartilage repair market is segmented into implants, osteotomy, bone grafts, arthroscopy, resurfacing, arthrodesis, and others.
On the basis of application, the global knee cartilage repair market is segmented into osteoarthritis, rheumatoid arthritis, osteonecrosis, fractures, bone tumors, and others.
On the basis of end user, the global knee cartilage repair market is segmented into hospital, ambulatory surgical centers, and independent centers.
On the basis of distribution channel, the global knee cartilage repair market is segmented into third party distributor, online sales, direct sales, and others..

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Knee Cartilage Repair Market Developments

In April 2021, Stryker has partnered with Minor League Baseball and became the Official SmartRobotics Joint Replacement Partner. Stryker launched the latest innovation in joint replacement technology, Mako SmartRobotics, which uses a 3D CT-Based planning software for hip and knee replacement. It helps the surgeons to create a 3D image of each patient’s unique anatomy.
In March 2021, Smith-Nephew and Huma The digital technology has developed a remote patient monitoring app for orthopaedic surgery. Due to COVID-19 the UK surgeries are running at 50% of usual capacity due to which there are about 250000 patients on waiting lists for orthopaedic operations. Inorder to restart the safe surgery the company along with huma as developed a way for surgeons to prepare their patients in a better way through remote patient monitoring by app.
In September 2019, ISTO Technologies, Inc. launched Influx Demineralized Bone Matrix (DBM) Putty. This new product is part of the existing Influx allograft portfolio that also offers Influx Demineralized Cortical Fibers
In April 2019, Smith & Nephew plc, a UK-based multinational medical equipment manufacturing company, acquired Osiris Therapeutics, Inc. for approximately $660 million. The acquisition is expected to stimulate growth from Smith & Nephew's advanced wound management franchise.
In December 2019, CartiHeal Inc. announced completion for the Agili-C™ clinical study. Also, In October 2020, CartiHeal, Inc. Received FDA "Breakthrough Device Designation" for the novel Agili-C Implant.

Key Pointers Covered in Knee Cartilage Repair Market Industry Trends and Forecast to 2028

Market Size
Top to Bottom Market Analysis
Recent Developments for Market Competitors
Recent Market Value for Different Countries
Market value and over view of Knee Cartilage Repair market
Company profiling of top eight players of Knee Cartilage Repair market

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