Press release
Cartilage Degeneration Market : Segment Snapshot and Table of Content (2017-2027)
The global cartilage degeneration market was valued at US$9.5 Bn in 2016 and is projected to reach a market value of US$14.7 Bn in 2025, expanding at a CAGR of 5.6% from 2017 to 2025.
The Cartilage Degeneration Market is segmented on the basis of expression system, application, Procedure type, by Geography,region
By region, North America is anticipated to be largest market in 2017. Rise in the incidence of sports injuries and increase in the number of obese persons in this region would majorly encourage the cartilage degeneration market in the region. Europe and Asia Pacific are also likely to play key roles in the cartilage degeneration market in the coming years, with the gap between the two likely to reduce considerably over the forecast period due to rapid growth of the cartilage degeneration market in Asia Pacific.
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By procedure type, joint replacements accounted for the largest share of the market in 2016. Following joint replacements, the chondroplasty segment accounted for a major share in the cartilage degeneration market in 2016. The key elements responsible for the growth of this market are the easy accessibility of the procedure in hospitals and diagnostic centers. Chondroplasty also takes less time for recovery in comparison with other traditional methods of surgery. Autologous chondrocyte implantation (ACI) is a comparatively new technology used for the treatment of isolated full-thickness articular cartilage imperfections of the knee.
By application, the knee surgery or repair market is anticipated to dominate the cartilage degeneration market in the near future. Knees are the largest joints in a human body. According to a report from the Centers for Disease Control and Prevention, in 2014, about 13% of women and 10% of men aged 60 years and older have indicative knee osteoarthritis symptoms. The growing prevalence of the disease is thus likely to drive the demand for knee surgeries in the coming years.
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1 Preface
2 Assumptions and Research Methodology
3 Executive Summary
4 Market Overview
5 Market Dynamics
6 Global Cartilage Degeneration Market Analysis, by Procedure
7 Global Cartilage Degeneration Market Analysis, by Application
8 Global Cartilage Degeneration Market Analysis, by Treatment Delivery Channel
10 North America Cartilage Degeneration Market Analysis
11 Europe Cartilage Degeneration Market Analysis
12 Asia Pacific Cartilage Degeneration Market Analysis
13 Latin America Cartilage Degeneration Market Analysis
14 Middle East & Africa Cartilage Degeneration Market Analysis
14.12 Market Trends
15 Competition Landscape
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About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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