Knee Cartilage Repair Market Projected to Grow Steadily During 2018-2026
Cartilage
is a tough and elastic material, which acts as a connective tissue
present in various parts of the body. Knee cartilage is a fine,
elastic cushion-like tissue holding together the bones of knee
joints. The knee cartilage is integral to the body as it helps reduce
friction between knee joints, acts as a shock absorber, and provides
support during physical activity. However, damage can be caused
during sports activities, monotonous use of the joint, congenital
abnormalities and hormonal disorders that affect joint development.
Various
procedures for damaged knee cartilage repair involve filling the
cartilage pothole with repair tissue, to help heal the cartilage.
Larger defects are treated with autologous chondrocyte
transplantation or osteochondral allograft transplantation, while
smaller defects are treated with autologous chondrocyte implantation
(ACI), osteochondral autograft transfer, and marrow stimulating
techniques.
The
growing trend of sports activities and outdoor events among the young
and old generation, has increased the risk of knee injuries, with a
higher prevalence among sports players. This in turn, is expected to
fuel the knee cartilage repair market in the future. Due to unhealthy
lifestyle and excess consumption of junk food, the obese population
has rapidly increased throughout the world. Obesity, a very common
cause of knee cartilage damage, helps drive growth of the knee
cartilage repair market.
Request For
Sample Copy of This Research Report:
https://www.coherentmarketinsights.com/insight/request-sample/737
Growing
trend in sports activities is expected to fuel the knee cartilage
repair market in future
According
to World Health Organization (WHO) 2014, over 1.9 billion adults aged
18 years and older were reported as overweight, from which over 600
million adults were obese. Overall, around 13% of the world’s adult
population (11% of men and 15% of women) were obese in 2014 and 39%
of adults aged 18 years and above (38% of men and 40% of women) were
overweight. The global prevalence of obesity doubled between 1980 and
2016. The increasing obese population is expected fuel the knee
cartilage repair market over the forecast period.
Busy
lifestyle of the urban population, has resulted in limited physical
activity and intake of unhealthy diet, resulting in excess weight
gain, thus making knee cartilage more susceptible to injuries and
damage. This helps fuel the knee cartilage repair market. The major
factor inhibiting market growth is the high costs of knee cartilage
repair procedure.
The
global knee cartilage repair market is segmented on the basis of
treatment modality, applications, end-user, and geography.
On
the basis of treatment modality, the knee cartilage repair market is
segmented into
-
Cell based approaches
-
Chondrocyte transplantation
-
Growth factor technology
-
Stem cells
-
-
Non-cell based approaches
-
Tissue scaffolds
-
Cell-free composites
-
Increasing
prevalence of obese population in the U.S. is expected to boost the
knee cartilage repair market over forecast period
Regional
segmentation of knee cartilage repair market by Coherent Market
Insights, comprises of North America, Latin America, Europe, Asia
Pacific, Middle East, and Africa. North America is expected to hold a
dominant position in the knee cartilage repair market due to rapid
increase in obese population in the region. According to Organization
for Economic Co-operation and Development (OECD), Obesity Update 2017
reported that the U.S. recorded the highest obese population in the
world, with a 38.2% obese people, and Mexico, the second highest,
with 32.4% obese people. Europe is estimated to closely follow North
America in terms of growth due to increase in sports and outdoor
activities in the region.
Emerging
companies to target untapped market to boost company revenue
Key
players in global knee cartilage repair market include DePuy (Johnson
& Johnson), Sanofi Aventis, Biomet, Anika Therapeutics, Genzyme,
Advanced Technologies and Regenerative Medicine, Smith and Nephew,
CellGenix, BioTissue Technologies, Zimmer, and EMD Serono.
Click to read
more Knee
Cartilage Repair Market
About
Us:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Comments
Post a Comment