Some prominent players that are operating in the global knee cartilage repair market include names such as B. Braun Melsungen AG, Smith & Nephew plc., Zimmer Biomet Holdings Inc., Osiris Therapeutics, Inc., ISTO Technologies, Inc., and Vericel Corporation.
The global knee cartilage repair market was worth more than US$ 3 Bn in 2017. It is expected to reach a value of around US$ 6.7 Bn through 2026, with a growth rate of more than 6.0 % CAGR over the forecast period, from 2018 and 2026. Due to rise in sports activity among the young generation and growing digitization of practices of pain management, the market is expected to observe high growth.
Increased demand for knee cartilage repair is being driven by the development of neuromuscular diseases amongst the senior population, and surge in knee fractures amongst women and men.
Get Custom Research Report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=4481
Market in the North America Region to Thrive on High Adoption of Orthopedic Surgery
In North America, the market is largely driven by an increase in the prevalence of orthopedic diseases, high adoption of orthopedic surgery, and sports injuries. Furthermore, in the US, a surge in arthroscopic chondroplasty procedures has been seen, which is expected to drive the knee cartilage repair market over the forecast period, from 2018 and 2026. In the foreseeable future, Asia Pacific is expected to be a fast rapidly growing market for knee cartilage repair.
In Asia Pacific, China is likely to dominate the market over the forecast period. While rest of the regions in the Asia Pacific market is expected to grow at a considerably high CAGR over the forecast period.
Get Report Methodology @
https://www.transparencymarketresearch.com/sample/sample.php?flag=RRM&rep_id=4481
Rise in the Prevalence of Knee Arthritis and Musculoskeletal Problems to Boost Market Growth
The growth in the number of orthopedic operations, as well as the use of various implant substances during knee surgery, is expected to boost the global knee cartilage repair market. Various knee cartilage repair technologies, such as implants, provide a number of advantages and features, including enhanced patient mobility, which may be implemented by physicians and surgeons for patients with varying abilities.
Key companies offering knee cartilage restoration are coming up with value-added elements, such as synthetic or biological material characteristics. These characteristics aid in lowering overall operational expenses while also increasing the efficacy and efficiency of physiotherapy done on the knees.
The cell-based cartilage-resurfacing sector is expected to grow at a rapid pace over the forecast timeframe. The growth in the occurrence of orthopedic operations, and the high prevalence of damaged articular cartilage and arthritis amongst the global population, are the factors contributing towards the high growth rate of the cell-based cartilage-resurfacing sector.
Furthermore, an increase in physician and patient demand for minimally invasive orthopedic procedures is projected to fuel demand in the market. Furthermore, cell therapy and tissue engineering approaches are having a beneficial impact on orthopedic patients, which is expected to drive demand for cell-based cartilage resurfacing throughout the forecast timeframe. The large share held by the cell-based cartilage-resurfacing sector is due to the presence of reimbursement and Medicare benefits provided to patients for the treatment of and knee arthritis.
Enquiry for Discount on the Report @
https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=4481
The information provided in the review has been extracted from a TMR report titled “Knee Cartilage Repair Market (Application – Arthroscopic Chondroplasty, Autologous Chondrocyte Implantation, Osteochondral Grafts Transplantation, Cell-based Cartilage Resurfacing, Implants Transplant, Micro fracture; End user – Hospitals, Ambulatory Surgical Centers, and Orthopedic Clinics) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”.
About Us
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyse information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update – https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: [email protected]