Autologous Matrix-induced Chondrogenesis Market Analysis & Growth Forecast for the period 2016-2024

With an increase in the count of bone and joint disorders on a global level, the need for an efficient biological treatment has become quite necessary. This requirement has led to the growth of the Autologous Matrix-induced Chondrogenesis market. To study further, the latest report focusing on this particular treatment option has been added to the vast repository of Market Research Reports Search Engine (MRRSE). The report is titled, “Autologous Matrix-induced Chondrogenesis Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016-2024”, which analyzes the current as well as future prospects of this sector for the forecast period 2016-2024.

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Autologous Matrix-Induced Chondrogenesis (AMIC) is an advanced biological surgical procedure developed for the treatment of osteochondral lesions and traumatic chondral. The well-designed principle of microfracturing is grounded on the release of multipotent mesenchymal progenitor cells, growth factors and cytokines from the subchondral bone. The global autologous matrix-induced chondrogenesis market was valued at US$89.71 mn in the year 2015 and is projected to be worth US$186.38 mn by 2024. Also, the growth rate between 2016 and 2024, in the global market is assumed to progress at a CAGR of 8.6%.

The market for Autologous Matrix-Induced Chondrogenesis has been experiencing significant growth, which is analyzed in the initial section of the report focused towards the market dynamics. Increasing demand for minimally invasive procedures, ageing population, surge in sports injuries etc, are analyzed as the top drivers. Moreover, the readers can also gain details regarding the restraints which include lack of extensive clinical data and efficient reimbursement system. Furthermore, market opportunities along with Porter’s five forces analysis, value chain analysis and global AMIC market revenue projection are precisely stated in the research study.

In the later section, segmentation of the market based on material type has been clearly stated. The mentioned materials include:

Hyaluronic Acid
Polyethylene Glycol (PEG)
Collagen
Poly lactic-co-glycolic acid (PGLA
Others
Further, on the basis of geographical aspect, the global market has been segregated into five regions, namely, North America, Latin America, Asia Pacific, Europe and Middle East & Africa. Also, the regions have been further dissected by major countries for each of the above stated areas. These include the U.S., U.K., Canada, Germany, Italy, France, Spain, Japan, China, India, UAE, Saudi Arabia, Brazil, and Mexico.

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In the concluding section of the report, the readers can access details related to the top players from the AMIC market. Key companies profiled in the report include Anika Therapeutics Inc., B. Braun Melsungen AG, Arthro-Kinetics, CartiHeal, BioTissue AG, JRI Orthopaedics Ltd., Geistlich Pharma AG, Smith & Nephew plc, Matricel GmbH and Zimmer Biomet Holdings. Each of these players are analyzed on the basis of various attributes such as company overview, SWOT analysis, financial overview, product portfolio, key business strategies and recent developments.

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