Global Cartilage Repair/Regeneration Market to outshine and reach USD 7.1BN by 2026
Posted On February 12, 2020
The market research report anticipates the Global Cartilage Repair/Regeneration Market to reach USD 5 BN in 2019. It is estimated to grow and reach USD 7.1 BN mark by 2026. The report publisher, Value Market Research expects a CAGR of 5.2% during 2020 to 2026. The expanding occurrence of diabetes and obesity is apparent to govern the cartilage repair market growth during the forecasted duration. Diabetes affects in risen cartilage loss. An increase in the abundance of road casualties and injuries arising due to sports activities across the world concluding in bone damages is estimated to fuel the demand for cartilage repair products.
Cartilage repair and regeneration is the treatment for an otherwise healthful knee, but not for knees influenced by osteoarthritis, a condition that results in natural cartilage breakdown from ageing. Particularly, the articular cartilage in the knee at the verge of the femur bone can become damaged from injuries stemming in progressive pain and cost of mobility. Correlated with other tissues, cartilage has a bad blood supply, and hence the restricted ability to rejuvenate itself or to assist donor cartilage.
Cartilage, the smooth tissue on the edges of bones, gives shock absorption. Cartilage is simply a connective tissue present in various parts of the body. Although it is a hard and flexible substance, it is moderately easy to damage. Comprehending the distinction between cartilage damage in the knee and a sprain is not simple because the indications can be identical. The challenge emerging with a better treatment for cartilage regeneration is on the minds of many experimenters.
The first chapter of the report "Global Cartilage Repair/Regeneration Market Report By Product (Hyaline, Fibro And Elastic), By Treatment (Repair And Regeneration), By Treatment Modalities (Cell Based And Non-Cell Based), By End-User (Hospital & Clinic, Specialty Hospitals, Ambulatory Surgery Center And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" gives the market introduction with a crisp summary of the report and goes in detailed revenue analysis bifurcated as per segments and regions in the subsequent chapters.
By product the cartilage repair/regeneration market is segmented into hyaline, fibro and elastic. Hyaline cartilage accounted for the largest share among all. On the basis of treatment repair and regeneration are the segments studied in the report, out of which repair holds a more significant market share. By treatment modalities, cell based and non-cell based are the two segments.
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are the regions covered in the report. This geographical section of the report highlights the share of the revenue/volume spread globally. North America was the leading region in the cartilage repair/regeneration market.
The Report Segments Global Cartilage Repair/Regeneration Market -
By Treatment Modalities:
- Cell Based
- Non-Cell Based
- Hospital & Clinic
- Specialty Hospitals
- Ambulatory Surgery Center
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Anika Therapeutics S. R. L, Arthrex, Inc., B. Braun Melsungen AG, Conmed Linvatec, Depuy Synthes, Osiris Therapeutics, Inc., RTI Surgical, Smith & Nephew Plc, Vericel Corporation and Zimmer Biomet Holdings, Inc.
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