#Knee Cartilage Repair Market Analysis
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Pioneering Transplants: Analyzing Trends in the Osteochondral Allografts Market
The Osteochondral Allografts Market is a vital segment within the orthopedic industry, offering innovative solutions for the treatment of cartilage defects, osteochondral lesions, and joint injuries. Osteochondral allograft transplantation involves the surgical implantation of donated tissue, typically from cadaveric sources, to repair damaged cartilage and restore joint function. This market analysis explores the key drivers, trends, challenges, and opportunities shaping the Osteochondral Allografts Market.
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One of the primary drivers of the Osteochondral Allografts Market is the increasing prevalence of joint injuries and osteoarthritis, fueled by factors such as aging populations, sports-related injuries, and rising obesity rates. Cartilage defects and osteochondral lesions can lead to pain, stiffness, and impaired mobility, significantly impacting patients' quality of life. Osteochondral allograft transplantation offers a viable treatment option for patients with symptomatic joint defects who have failed conservative therapies, such as physical therapy and medication.
Moreover, advancements in surgical techniques, tissue processing methods, and preservation technologies have improved the safety, efficacy, and availability of osteochondral allografts for transplantation. Innovations in tissue banking, including cryopreservation, irradiation, and decellularization, ensure the biomechanical integrity and immunogenicity of allograft tissues while reducing the risk of disease transmission and graft rejection. These technological advancements have expanded the clinical applications of osteochondral allografts to a wide range of joints, including the knee, ankle, shoulder, and elbow.
Furthermore, the growing demand for minimally invasive surgical procedures and tissue-preserving techniques has driven interest in osteochondral allograft transplantation as a viable alternative to traditional joint replacement surgeries. Unlike total joint arthroplasty, which involves the removal of the entire joint surface, osteochondral allograft transplantation preserves the native joint anatomy and biomechanics, minimizing the risk of implant wear, loosening, and long-term complications. As patients and healthcare providers seek alternatives to joint replacement surgeries, osteochondral allograft transplantation offers a less invasive, joint-preserving option for cartilage restoration.
In addition to its applications in primary cartilage repair, osteochondral allograft transplantation plays a critical role in revision surgeries and salvage procedures for failed cartilage repair techniques, such as microfracture, autologous chondrocyte implantation (ACI), and osteochondral autograft transfer (OAT). Patients with recurrent or extensive cartilage damage may benefit from osteochondral allografts as a salvage option to address large defects, restore joint congruity, and delay or avoid joint replacement surgery. This expanding indication for osteochondral allograft transplantation contributes to market growth and adoption in orthopedic practice.
However, the Osteochondral Allografts Market also faces challenges and limitations that may impact its widespread adoption and commercialization. One of the main challenges is the availability and quality of donor tissue, as the supply of suitable allografts depends on factors such as donor screening, tissue processing, and storage protocols. Tissue banks must adhere to stringent regulatory standards and quality assurance measures to ensure the safety, efficacy, and traceability of allograft tissues for transplantation.
Moreover, cost considerations, reimbursement policies, and healthcare economics influence the adoption and utilization of osteochondral allografts in clinical practice. Osteochondral allograft transplantation can be a costly procedure, requiring specialized equipment, surgical expertise, and postoperative rehabilitation. Reimbursement policies vary by region and payer, affecting patient access to osteochondral allograft transplantation and the financial viability of healthcare providers offering these services.
In conclusion, the Osteochondral Allografts Market represents a promising frontier in orthopedic surgery, offering innovative solutions for cartilage restoration and joint preservation. By leveraging advancements in tissue engineering, surgical techniques, and preservation technologies, osteochondral allograft transplantation has the potential to improve patient outcomes, extend joint longevity, and enhance quality of life for individuals with joint injuries and osteoarthritis. While challenges remain, ongoing research, collaboration, and innovation in the field are driving progress and expanding the clinical applications of osteochondral allografts in orthopedic practice.
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Insights into Motion: Germany's Arthroscopy Procedures Market Analysis
Germany's Arthroscopy Procedures Market stands as a cornerstone in modern healthcare, showcasing innovation and precision in orthopedic interventions. This analysis aims to unravel the intricacies and trends defining this specialized market.
Understanding Arthroscopy Procedures
Definition and Scope
Arthroscopy involves minimally invasive surgical procedures used primarily in orthopedics, allowing for the examination and treatment of joint conditions. It emphasizes precision and reduced tissue trauma for improved patient recovery.
Market Landscape
Prominent Players: Leading medical institutions and device manufacturers shaping the advancements in arthroscopic technology.
Market Growth: Steady expansion fueled by technological innovations and the rising prevalence of joint-related disorders.
Market Dynamics
Technological Advancements
Enhanced Visualization: Innovations in imaging technologies improving clarity during arthroscopic procedures.
Instrumentation Evolution: Advanced tools and instruments enhancing surgical precision and efficacy.
Clinical Applications
Orthopedic Specialization: Predominantly used in knee and shoulder surgeries, addressing ligament tears, cartilage damage, and joint repairs.
Expanding Applications: Increasing utilization in various joint interventions, including hips and wrists.
Market Trends and Influences
Demand Catalysts
Minimally Invasive Trend: Surge in preference due to quicker recovery and reduced post-operative complications.
Aging Population: Growing prevalence of joint-related ailments driving market demand for arthroscopic procedures.
Regulatory Landscape
Quality Standards: Adherence to stringent regulations ensuring safety and efficacy of arthroscopic devices and procedures.
Clinical Evidence Requirements: Emphasis on evidence-based practices and outcomes for market approvals.
Future Prospects
Technological Innovations: Continued advancements improving procedural efficiency and patient outcomes.
Market Expansion: Potential diversification into new joint-related interventions and exploratory procedures.
Conclusion
Germany's Arthroscopy Procedures Market epitomizes precision and innovation in orthopedic care, reshaping the landscape of joint interventions. Its continual evolution, driven by technological breakthroughs and clinical expertise, underscores its pivotal role in modern healthcare practices.
This analysis provides comprehensive insights into the dynamic and evolving nature of Germany's Arthroscopy Procedures Market, reflecting its significance and continual impact on orthopedic healthcare.
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Cartilage Repair Market Trends, Share, Competitive Dynamics, Demand - Forecast 2029
Global Cartilage Repair Market, By Type of Cartilage (Fibrocartilage, Hyaline cartilage, Other), Treatment Modality (Cell-Based, Non-Cell Based), Treatment Type (Palliative, Intrinsic Repair Stimulus), Application Site (Knee, Spine, Ankle, Hip, Others), Surgical Procedure (Microfracture, Debridement, Abrasion Arthroplasty, Autologous Chondrocyte Implantation, Osteochondral Autograft Transplantation, Osteochondral Allograft Transplantation, Cell-Based Cartilage Resurfacing, Others)-Industry Trends and Forecast to 2029.
In the consistent Cartilage Repair market research report, industry trends are put together on macro level with which clients can figure out market landscape and possible future issues about Cartilage Repair industry. The scope of this market report include but is not limited to latest trends, market segmentation, new market entry, industry forecasting, future directions, opportunity identification, strategic analysis and planning, target market analysis, insights and innovation. The report presents with the CAGR value fluctuations for the specific forecasted period which helps decide costing and investment strategies. An influential Cartilage Repair market report brings precise and exact market research information that drives business into the right direction.
Key Players
Swedish Orphan Biovitrum AB (Sweden)
MEDIPOST Co., Ltd. (South Korea)
Zimmer Biomet (US)
B. Braun Melsungen AG (Germany)
Stryker Corporation (US)
Smith & Nephew plc (UK)
Medtronic (US)
CONMED Corporation. (US)
DePuy Synthes (US)
Arthrex, Inc. (US)
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The research studies entailed in the winning Cartilage Repair market report supports to estimate several important aspects that includes but are not limited to investment in a rising market, success of a new product, and expansion of market share. The strategies underlined here mainly consist of new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost footprints in this market. Several other factors such as import, export, gross margin, price, cost, and consumption are also analyzed under the section of production, supply, sales and market status.
Key questions answered in the report:
Which product segment will grab a lion’s share?
Which regional market will emerge as a frontrunner in coming years?
Which application segment will grow at a robust rate?
Report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Cartilage Repair Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Table Of Content
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Market
Part 04: Global Market Size
Part 05: Global Market Segmentation By Product
Part 06: Five Forces Analysis
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Cartilage Repair Market is Expected to Generate Huge Profits by 2032
The global cartilage repair market is expected to reach a value of US$ 3.9 Bn by 2032, with the market growing at a stellar CAGR of 13.9% from 2022 to 2032. Scaling up from a value of US$ 1.60 Bn in 2021, the target market is set to reach an estimated US$ 1 Bn in 2022. The rising cases of osteoarthritis are fueling the demand for the cartilage repair market during the forecast period.
In the recent past, cases of osteoarthritis have become more prevalent all over the world. As per a report by the University of North Carolina, around one million knee and hip replacement operations are conducted annually in the United States. In the U.S., osteoarthritis cases are accountable for a financial burden of $136.8 Bn per year. A study published by the Arthritis Foundation in 2019 estimated that degenerative joint diseases like osteoarthritis will impact more than 130 million people by 2050.
Again, it is expected that the growing cases of osteoarthritis will propel the demand for cartilage repair and regeneration products. The most frequently used treatments for osteoarthritis include autologous chondrocyte implantation and scaffold implants. All of this positively influence the market for cartilage repair. Additionally, as opposed to total knee replacement surgeries, cartilage repair surgeries deliver better and longer-lasting results than other surgeries.
Furthermore, in the past few years, more and more companies are focusing on the development of cartilage regeneration products. This is because governments across the globe are increasing investments in regenerative medicine for cartilage regeneration research. There has also been a surge in clinical trials and the development of new treatments for cartilage regeneration. Besides, the development of a strong pipeline of products based on various methods of cartilage repair available in the market owing to considerable investments in R&D by key market players will further propel the target market growth during the forecast period.
“Increasing osteoarthritis cases coupled with rising demand for treatment will further supplement the global growth of the cartilage repair market over the forecast period,” says an FMI analyst.
Key Takeaways:
The high costs of these procedures are expected to restrict the growth of the cartilage repair market.
By treatment modalities, the cell-based segment will continue to dominate the global marketplace.
On the basis of end-user, the hospital segment will account for the largest market share.
The cartilage repair market in the United States will grow at a CAGR of 13.7% during 2022-2032.
China’s cartilage repair market will register a CAGR of 13.2% during the assessment period.
Competitive Landscape
DePuy Synthes, Smith & Nephew plc, Zimmer Biomet, CONMED Corporation, and Stryker Corporation among others are some of the major players in the cartilage repair market profiled in the full version of the report.
Key market participants are focusing on utilizing various organic and inorganic strategies. These firms are investing in research and development activities, introducing new products, and upgrading current ones. Inorganic tactics like mergers, acquisitions, and partnerships are also employed by these businesses.
For More Information : https://www.futuremarketinsights.com/reports/cartilage-repair-market
More Insights into Cartilage Repair Market Report
In its latest report, FMI offers an unbiased analysis of the global cartilage repair market, providing historical data from 2015 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of application (hyaline cartilage, fibrocartilage), site (knee, hip, ankle and foot, other application sites), end user (hospitals, ambulatory surgery centers and clinics), and region.
According to the latest FMI reports, based on segmentation, the knee segment is expected to dominate the global marketplace. This segment will contribute considerably to the overall market revenue. This is due to a surge in arthroscopy procedures. In terms of end-user, the hospital segment will lead the global market growth.
Based on region, the cartilage repair market in the United States will present impressive growth over 2022-2032. The target market in this country will register a CAGR of 13.7%. Owing to the rising incidences of bone and joint disorders along with a growing geriatric population pushes the growth of the cartilage repair market in the U.S. In addition, South Korea, China, Japan, and United Kingdom are some of the other countries that demonstrate impressive growth during the forecast period.
Key segments
By Application:
Hyaline Cartilage
Fibrocartilage
By Site:
Knee
Hip
Ankle and Foot
Other Application Sites
By End-User:
Hospitals
Ambulatory Surgery Centres and Clinics
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Global Sports Medicine Market valued at $7 billion (2022), is anticipated to grow at a CAGR of ~6% by 2027
Sports medicine is a term representing an array of specialties which bridges the academic disciplines of medicine and physical education as well as the basic sciences.
Huge Potential of Sports Medicine in the Treatment of Sports Injuries Fuels the Growth of the Sports Medicine Market
Sporting injuries are unavoidable for any person who regularly engages in sports and physical activities. Recent developments in the regenerative medicine in the sports field focuses on cartilage, tendon, ligament, meniscal and skeletal muscle injuries. The future contains an emerging trend towards prevention through genetics, nutrigenomics and various monitors and wearables in sports medicine which is further poised to drive the growth of the sports medicine market in the forecasted period.
Increasing Emphasis on Developing New and Advanced Sports Medicine Products
There have been many recent advancements and developments in the product category of sports medicine such as rotator cuff repair, high altitude simulation training, anti-gravity treadmill, exoskeletons and hip/knee arthroscopy which are revolutionizing the segment of sports medicine.
An Increasing Number of Sports Injuries Triggers the Demand of Sports Medicine Market
Currently, more than 3.5 million children under the age of 14 receive their treatments for sports injuries each year. Young athletes and sports person those younger than 8 years are more susceptible to sports injuries than adults. Injuries to the face and head are more common and account for nearly 27% of all sports injuries. Sports injuries in children must be treated at an early stage by using efficient techniques so that children can get back to their daily activities.
Arising Market Challenges: Sports Medicine Market
The hugely increased costs of sports medicine, lack of skilled & professionals, and a worldwide shortage of few raw materials are some of the chief parameters which are likely to affect the growth of the sports medicine market in the upcoming time period.
Geographic Analysis: North America to Hold a Larger Market Share in the Sports Medicine Market
From a geographical analysis, North America is forecasted to hold a higher market share in the sports medicine market. This can be mainly attributed to an increasing cases of sports-related injuries and muscle tears, growing number of absorbable implants, and improved sports healthcare infrastructures.
Competitive Landscape Analysis: Sports Medicine Market
Some of the well-established and top players operating in the global sports medicine market are listed below: -
Arthrex Inc.
DePuy Synthes
Stryker Corporation
CONMED Corporation
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#Sports Medicine Market#sports medicine#Sports Medicine Market Size#Sports Medicine Market Share#Sports Medicine Market Demand#Sports Medicine Market Growth#Sports Medicine Market Consumption#Sports Medicine Market Application#Sports Medicine Market Report#Sports Medicine Market Analysis#Sports Medicine Report
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Global Orthopedic Regenerative Surgical Products Market Driven By Aging Population
The global orthopedic regenerative surgical products market size is anticipated to reach USD 5.6 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a notable CAGR of 3.9% from 2022 to 2030. The key factors driving the market growth include the rising geriatric population, orthopedic procedures, research activities, and technological advancements. Osteoarthritis, for instance, has been identified as the leading cause of chronic disability in the geriatric population over the age of 70. The World Health Organization (WHO) has also designated osteoarthritis as a ‘priority disease’ promoting R&D for therapies to treat osteoarthritis and its associated symptoms.
The growth of the market was restrained during the COVID-19 pandemic due to deferred elective surgeries, low volume of patient flow for chronic conditions in clinics and hospitals, decreased sales and marketing activities, quarantine and lockdown protocols, and low demand. Vericel Corporation, for example, reported the adverse impact of COVID-19 on its business and operations during 2020. The company registered cancellations of scheduled MACI procedures; its key product used in the repair of cartilage damage of the knee. In addition, there was a slowdown in new orders. Anika Therapeutics reported challenges in patient enrollment for its clinical trials due to the pandemic, which negatively impacted the company’s revenue and operating results. However, both companies expect recovery financial performance as elective surgeries resumes to pre-COVID numbers.
Please Visit link For Sample report with TOC: Orthopedic Regenerative Surgical Products Market Report
According to the Centers for Disease Control and Prevention (CDC), about 26% (or 78 million) the U.S. adults are estimated to suffer from arthritis by 2040. The prevalence increases with age and is found to be more common in women. Obesity has been identified as another risk factor contributing to orthopedic conditions. The prevalence of obesity in the U.S. was estimated at 42.4% from 2017 to 2018 by the CDC. The increasing prevalence of orthopedic diseases, obesity, and geriatric population is expected to fuel market growth. Orthopedic regenerative surgical products find application in different conditions of varying severity from joint pain, gout, articular defects, fibromyalgia, and osteoarthritis, to trauma and joint replacement, this is expected to contribute to market growth.
Market players are also involved in research and development activities to launch new regenerative solutions for treatment or pain relief from orthopedic conditions. Amniox Medical, Inc. for instance, received FDA clearance to proceed with a dosing study using TTAX03- its Investigational New Drug (IND) comprising cryopreserved amniotic membrane and umbilical cord, to treat facet joint osteoarthritis pain in March 2021. Zimmer Biomet on the other hand offers an extensive portfolio of allografts and synthetic orthopedic regenerative products such as the PrimaGen Advanced allograft, InterGro DBM, and PlatFORM bioresorbable bone graft substitute.
For Any Questions or Inquire please visit @: https://www.grandviewresearch.com/industry-analysis/orthopedic-regenerative-surgical-products-market-report/request/rs5 Grand View Research has segmented the global orthopedic regenerative surgical products market based on product, application, end-use, and region
#Orthopedic Regenerative Surgical Products Market#Healthcare News#Latest Updates#Growth Forecast Report
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#Knee Cartilage Repair Market Size#Knee Cartilage Repair Market by Type#Knee Cartilage Repair Market Forecast#Knee Cartilage Repair Market Analysis
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#Knee Cartilage Repair Market#Knee Cartilage Repair Market Analysis#Knee Cartilage Repair Market Size#Knee Cartilage Repair Market Forcast
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Knee Cartilage Repair Market expected to reach USD 1,081.89 million by 2028 by Key Players : DePuy Synthes, Arthrex, Inc., LifeNet Health, Anika Therapeutics, Inc., Takeda Pharmaceutical Company Limited
Knee Cartilage Repair Market Research report provides a detailed analysis of of main manufactures and geographic regions,global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players. Knee Cartilage Repair Market report includes definitions, classifications, applications, and industry chain structure, development trends, and key regions distributors analysis.The report also provides supply and demand Figures, revenue, revenue and shares. value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches.
The knee cartilage repair market is expected to witness market growth at a rate of 12.15% in the forecast period of 2021 to 2028 and is expected to reach USD 1,081.89 million by 2028.
Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Knee Cartilage Repair Market which would mention How the Covid-19 is affecting the Knee Cartilage Repair Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Corrugated Board Players to Combat Covid-19 Impact.
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Knee Cartilage Repair Market Scope and Market Size
On the basis of type, the knee cartilage repair market is segmented into autologous chondrocytes implantation, cell-based cartilage resurfacing, microfracturing, subchondroplasty, osteochondral autograft transplantation, meniscus transplantation and others.
On the basis of number of stages, the knee cartilage repair market is segmented into one- stage and two- stage.
On the basis of cartilage type, the knee cartilage repair market is segmented into elastic cartilage, fibrocartilage, articular cartilage and hyaline cartilage.
On the basis of treatment modality, the knee cartilage repair market is segmented into cell-based approaches and non-cell-based approaches.
Key Players: Global Knee Cartilage Repair Market
Histogenics, Vericel, Swedish Orphan Biovitrum AB, The Future of Biotechnology, MEDIPOST, Zimmer Biomet, Osiris, B. Braun Melsungen AG, Stryker, Smith & Nephew, Medtronic, CONMED Corporation, DePuy Synthes, Arthrex, Inc., LifeNet Health, Anika Therapeutics, Inc., Takeda Pharmaceutical Company Limited, BioTissue
MAJOR TOC OF THE REPORT
Chapter One: Knee Cartilage Repair Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Knee Cartilage Repair Market Competition, by Players
Chapter Four: Global Knee Cartilage Repair Market Size by Regions
Chapter Five: Global Knee Cartilage Repair Market Revenue by Countries
Chapter Six: Global Knee Cartilage Repair Market Revenue by Surgery Type
Chapter Seven: Global Knee Cartilage Repair Market Revenue by Number of Stages
Chapter Eight: Global Knee Cartilage Repair Market Revenue by Cartilage Type
Chapter Nine: Global Knee Cartilage Repair Market Revenue by End- Users
Chapter Ten: Global Knee Cartilage Repair Market Revenue by Treatment Modality
Chapter Eleven: Global Knee Cartilage Repair Market Revenue by Geography
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Knee Cartilage Repair Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Knee Cartilage Repair Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Knee Cartilage Repair Market
A roadmap of growth opportunities available in the Global Knee Cartilage Repair Market with the identification of key factors
The exhaustive analysis of various trends of the Global Knee Cartilage Repair Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Knee Cartilage Repair Market?
What will the Knee Cartilage Repair Market Demand and what will be Growth?
What are the latest opportunities for Knee Cartilage Repair Market in the future?
What are the strengths of the key players?
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Global Knee Cartilage Repair Market Analysis and Insights
The knee cartilage repair market is predicted to develop due to an ageing population and an increase in the prevalence of joint ailments such as osteoarthritis. On the other hand, the high cost of cartilage repair surgeries, as well as the problems associated with an ageing population, are projected to limit market growth. Increased technological breakthroughs and advancements in knee cartilage repair, as well as an increase in the prevalence of OA (osteoarthritis) as a result of an unhealthy lifestyle, provide opportunities for the knee cartilage repair industry. Government regulations, on the other hand, may pose a challenge to the knee cartilage repair market's growth.
The Knee Cartilage Repair Market report examines market share, new developments, and product pipeline analysis, as well as the impact of domestic and localized market players, emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations. Contact Data Bridge Market Research for an analyst brief to better grasp the study and market scenario for Knee Cartilage Repair. Our experts can assist you in developing a revenue impact solution to meet your objectives.
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Orthopedic Biomaterial Market Report Competitive Landscape, Growth Factors, Revenue Analysis Till 2027
Orthopedic Biomaterial Market Report: Information by Product (Reconstructive Joint Replacement, SpinalImplants, Dental Implants, Trauma, Orthobiologics), Material Class (Metal andNon-Metal), Application (Joint Replacement, Fracture Fixation, Tissue Fixation, Implant Surgery,Visco Supplementation), End User (Hospitals & Clinics, Ambulatory Surgical Centers), and Region (Americas, Europe, Asia-Pacific, and the Middle East & Africa)
The orthopedic Biomaterials Market is expected to register a CAGR of 10.5% during the forecast period 2020-2027, to reach USD 40,519.52 million by 2027.
MRFR recognizes the following companies as the key players in the global orthopedic Biomaterials Market—Stryker (US), Coors Tek Inc (US), Zimmer Biomet Holdings Inc (US), Institute Straumann AG (Switzerland), Kyocera Corporation (Japan), Smith & Nephew (UK),3M (US), Nobel Biocare Services AG(Switzerland), Medtronic (Ireland), and DePuy Synthes (US).
Market Highlights
The global orthopedic biomaterials market is expected to have a value of USD 40,519.52 million by 2027.
Orthopedic biomaterials are implanted in the human body as constituents. These devices perform certain biological functions by substituting different tissues such as bone, cartilage, ligaments, and tendons, and even guiding bone repair when necessary. Orthopedic biomaterials are generally chosen for their strength and imitating the bone structure. They also promote the mineralization of tissue around the implants, which calls for bioactive material. The commonly used bioactive material calcium phosphate ceramics, particularly synthetic hydroxyapatite (HA), closely resemble bone apatite and have been developed for bone tissue repair. Increased occurance of musculoskeletal disorders and chronic skeletal disorders increases product demand, which has boosted the demand for orthopedic biomaterial, thereby accelerating market growth. A rising senior population is anticipated todrive the demand for orthopedic biomaterials further.
Segment Analysis
The global orthopedic biomaterials market has been segmented in to product, material, application, and end user. The global market, by product, has been segmented into reconstructivejoint replacement, spinal implants, dental implants, trauma, and orthobiologics. Reconstructive joint replacements are further sub-segmented into knee replacement implants, hip replacement implants, and extremities. Spinal implants are further sub-segmented into spinal fusion implants, Vertebral Compression Fracture (VCF) devices, and motion preservation devices/non-fusion devices. Dental implants are sub-segmented into root form and plate form dental implants. Orthobiologics are further sub-segmented into viscosupplementation, demineralized bone matrix, synthetic bone substitutes, bone morphogenetic protein, allograft, and others. On the basis of material, the market is divided intometal and non-metal.The metal is further segmented into stainless steel, titanium alloy, cobalt alloy. The non-metal is further bifurcated into ceramic and polymeric. The ceramic is sub-segmented into alumina, calcium phosphate, zirconium dioxide and carbon. The polymeric is further sub-segmented into polymethylmethacrylate (PMMA), polyethylene, silicone, polyester. On the basis of application, the market is bifurcated intojoint replacement, fracture fixation, tissue fixation, implant surgery, viscosupple mentation. The joint replacement is segmented into hip replacement, knee replacement, shoulder, and elbow replacement. On the basis of end users, the market is bifurcated into hospitals & clinics, and ambulatory surgical centers.
Regional Analysis
The global orthopedic biomaterials market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The Americas has been segmented into North America and Latin America, with the North America market further divided into the US and Canada. The Americas dominatedthe market in 2019 and is likely to continue to command during the assessment period. This is due to the high prevalence of orthopedic disorders, new product launches, and technological advancement in this region. The high demand for orthopedic biomaterials and the availability of skilled professionals in the region are expected to fuel the regional market growth. The growing elderly population is also resulting in the growth of the orthopedic biomaterials market in the Americas. As per the Administration for Community Living (US), in the Americas, over the last ten years, the population aged 65 and over grew from 37.2 million in 2006 to 49.2 million in 2016. Hence, a large patient pool suffering from orthopedic ailments, rapid adoption of advanced products, and a growing geriatric population are expected to boost the growth of the orthopedic biomaterials market in the Americas during the study period.
The European orthopedic biomaterials market has been divided into Western Europe and Eastern Europe. The Western European orthopedic biomaterials market has further been classified into Germany, France, the UK, Italy, Spain, and the Rest of Western Europe. Europe is the second-largest region in the orthopedic biomaterial market to witness significant growth during the forecast period due to a higher number of patients and the easy availability of products in the region. In 2017, Switzerland, Finland, Luxembourg, Germany, Austria, and Belgium were among the countries with the highest hip and knee replacements in the region. The Organisation for Economic Co-operation and Development (OECD) averages are 182 per 100,000 for hip replacements and 135 per 100,000 for knee replacements. Since 2000, the number of hip and knee replacement procedures has increased rapidly in most OECD countries. On average, hip replacement rates increased by 30% between 2007 and 2017, and knee replacement rates by 40%. This increase in the number of patients undergoing knee and replacement is anticipated to boost the regional market growth.
The orthopedic biomaterials market in the Asia-Pacific has been segmented into China, India, Japan, South Korea, Australia, and the Rest of Asia-Pacific. The Asia-Pacific region is expected to register the highest growth rate in the market. In Asia-Pacific, the population of people aged 65 and above is expected to grow dramatically over the next 50 years. For the region, the population in this age group will increase by 31.4%, from 207 million in 2000 to 857 million in 2050. A large number of adults residing in the region are expected to suffer from various orthopedic disorders. Moreover, the increasing per capita disposable income of middle-class families, which accounts for a large population in Asia, results in individuals spending more on health.
The Middle East & Africa orthopedic biomaterials market is segmented into the Middle East and Africa. The key factors propelling the regional market's growth are the increasing the prevalence of orthopedics disorders and funding by private players and government bodies. As per the International Trade Administration report, the Saudi healthcare sector is the largest in the Middle East. Saudi Arabia's health and social affairs budget for 2019 shows an 8% increase to USD 46 billion compared to USD 42.4 billion in 2018.
Key Findings of the Study
The global orthopedic biomaterials market is predicted to reachUSD 40,519.52 million by 2027 at a CAGR of 7.5% during the assessment period of 2020 to 2027.
The Americas accounted for the largest share of the global orthopedic biomaterials marketdue to prominent players in the US, the high prevalence of orthopedic diseases, and rising healthcare expenditure.
By product, the reconstructive joint replacement segment accounted for the largest market share of 32.0%in 2019.
On the basis of material, the market is divided intometal andnon-metal. The metal segment is likely to dominate the market at a CAGR of 6.93% during the forecast period of 2020-2027.
Based on application, thejoint replacement segment is projected to exhibit a CAGR of 7.78%during the forecast period 2020-2027.
Based on end user, the hospitals & clinics segment is expected to dominate the market with a share of 46.37% during the forecast period.
Some of the key players operating in the orthopedic biomaterials market are Stryker (US), CoorsTek Inc. (US), Zimmer Biomet Holdings Inc (US), Institut Straumann AG (Switzerland), Kyocera Corporation (Japan), Smith & Nephew (UK),3M (US), Nobel Biocare Services AG(Switzerland), Medtronic (Ireland), and DePuy Synthes (US).
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Cartilage Repair Market Expected High Growth in Coming Years
Global Cartilage Repair Market, By Type of Cartilage (Fibrocartilage, Hyaline cartilage, Other), Treatment Modality (Cell-Based, Non-Cell Based), Treatment Type (Palliative, Intrinsic Repair Stimulus), Application Site (Knee, Spine, Ankle, Hip, Others), Surgical Procedure (Microfracture, Debridement, Abrasion Arthroplasty, Autologous Chondrocyte Implantation, Osteochondral Autograft Transplantation, Osteochondral Allograft Transplantation, Cell-Based Cartilage Resurfacing, Others)-Industry Trends and Forecast to 2029.
An expert team performs systematic, object-oriented and complete market research study to provide the facts associated with any subject in the field of marketing via Cartilage Repair marketing report. The report has a lot to offer to both established and new players in the Cartilage Repair industry with which they can completely understand the market. SWOT analysis and Porter’s Five Forces analysis methods are used wherever applicable, while generating this report. One of the most important parts of an international Cartilage Repair market report is competitor analysis with which businesses can estimate or analyse the strengths and weaknesses of the competitors.
Key Players
Zimmer Biomet (US)
Braun Melsungen AG (Germany)
Stryker Corporation (US)
Smith & Nephew plc (UK)
Medtronic (US)
CONMED Corporation. (US)
DePuy Synthes (US)
Arthrex, Inc. (US)
LifeNet Health (US)
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With the help of credible Cartilage Repair market analysis report, businesses can make out the reaction of the consumers to an already existing product in the market. The report includes estimations of recent state of the market, CAGR values, market size and market share, revenue generation, and necessary changes required in the future products. A wide-ranging competitor analysis helps build superior strategies of production, improvement in certain product, its advertising or marketing and promotion for the business. Exhaustive and comprehensive market study performed in the wide ranging Cartilage Repair market report offers current and forthcoming opportunities that put light on the future market investment.
Key questions answered in the report:
Which product segment will grab a lion’s share?
Which regional market will emerge as a frontrunner in coming years?
Which application segment will grow at a robust rate?
Report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Cartilage Repair Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Table Of Content
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Market
Part 04: Global Market Size
Part 05: Global Market Segmentation By Product
Part 06: Five Forces Analysis
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Medical Dynamometer Market to Record an Exponential CAGR by 2028
Transparency Market Research (TMR) has published a new report titled, “Medical Dynamometer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2028.” According to the new report, the medical dynamometer market was valued at US$ 522.3 Mn in 2017 and is projected to expand at a CAGR of 7.4% from 2018 to 2026. Increase in sports activity and rise in number of accidents that lead to bone fractures are anticipated to propel the global market between 2018 and 2026. North America and Europe are expected to dominate the global market, owing to an increase in demand for novel technologies. The market in Asia Pacific is projected to expand at a high CAGR during the forecast period. The medical dynamometer market in Latin America is likely to grow at a moderate pace during the forecast period. Key factors contributing to the growth of the market in Brazil are rapid improvement in health care infrastructure and increase in purchasing power of people. Additionally, health care companies strive to cut hospitalization costs, while offering better services to patients in the country.
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Increase in Sports Injuries to Fuel Market
Rise in health awareness, increase in the geriatric population, and surge in importance of adventure sports among youngsters have led to high incidence of sports injuries across the world. According to the Centers for Disease Control and Prevention, high school athletes alone account for 2 million injuries, 50,000 doctor visits, and 30,000 hospitalizations in the U.S. each year. High rate of youth sports injuries is fueled by an increase in overuse of the joints and repeated small trauma injuries. Additionally, the baby boomer population in the U.S. is able to exercise under medical supervision. This demography has, therefore, been reported to undergo surgeries such as hip and knee replacements and surgery for cartilage damage. Common sports-related injuries include ankle sprain, plantar fasciitis, shoulder sprains & strains, rotator cuff tears, and knee injuries. Therefore, increase in sports-related injuries has created high demand for knee cartilage repair procedures.
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Rise in Prevalence of Bone Injuries to Drive Market
Medical dynamometer is an alternative to physiotherapy treatment for those suffering from various joint, muscle, and tendon disorders. These devices are efficient in rapid pain management and mobility restoration. Hence, these are used to speed up the recovery process and cure various indications which lead to acute or chronic pain. According to the International Osteoporosis Foundation, 2017, osteoporosis causes more than 8.9 million fractures across the world each year, with an osteoporotic fracture every 3 seconds. By 2050, the global incidence of hip fracture in men is projected to increase by 310% and 240% in women, as compared to the rates in 1990. According to the World Health Organization, 45% of road traffic fatalities in low-income countries occurs among pedestrians, while it is estimated at 29% in middle-income and 18% in high-income countries among pedestrians.
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Hand Dynamometer Segment to Dominate the Market
Hand dynamometer was a prominent segment of the market in 2017. The segment is projected to expand at a high CAGR during the forecast period. Rise in sports injuries and increase in number of fractures of hands and wrists are anticipated to propel the segment in the near future.
Orthopedic Segment to Lead Market
The orthopedic segment is projected to dominate the global market during the forecast period, accounting for the largest share by 2026. The segment is anticipated to expand at a high CAGR between 2018 and 2026.
Asia Pacific offers Significant Opportunities
Asia Pacific accounted for significant share of the global medical dynamometer market in 2017. The region is likely to gain market share by 2026. High adoption of hand dynamometer and government initiatives to promote innovative devices contributed to Asia Pacific’s high share of the global dynamometer market. Asia Pacific is projected to be an attractive market for dynamometer market during the forecast period. The market in Asia Pacific is likely expand at a high CAGR during the forecast period due to large number of trauma injuries. China accounted for the largest share of the market in the region in terms of revenue in 2017. The market in Latin America and Middle East & Africa is anticipated to expand at a moderate growth rate during the forecast period.
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Rise in Osteoporosis Diseases among Geriatric Population
According to the International Conference on Spine and Spinal Disorders (2016), osteoporosis disease has become quite common among the geriatric population. Approximately 1.5 million people globally suffer from osteoporosis fracture every year and an estimated 700,000 experience spinal fracture.
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The “Sports Medicine Market ”report provides a detailed analysis of global market size, regional and country-level market size, segmentation, market growth, market share, and competitive Landscape.
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