Knee Cartilage Replacement Market size is expected to grow
at significant CAGR from 2017 to 2024.: Global Market
Insights Inc.
Orthopedic disorders are leading cause of disability in geriatric population. Increased
global geriatric population coupled with adoption of novel technologies to treat
orthopedic disorders should drive the Knee Cartilage Replacement Market size.
Increased prevalence of musculoskeletal disorders such as osteoarthritis and other
orthopedic disorders will boost the surgery demand.
As per global burden of disease and the worldwide impact of all diseases and risk
factors 2012, musculoskeletal disorders affect more than 1.7 billion people around the
globe, it is the second greatest cause of disability. Moreover, favorable government
policies to create awareness will also fuel the knee cartilage replacement market size
over the forecast years.
Surge in sport related injuries is playing a key role in the industry growth. Some sports
can result in long-term damage of knee cartilage. As per CDC, rise in the participation in
organized sports is expected to accelerate the sport related injuries. Approximately, 30
million people participate in sports in the U.S., and more than 3.5 million under age 14
receive medical treatment for sport injuries every year. Increase in the number of sport
injuries should escalate the knee cartilage replacement market size over the forecast
period.
By procedure, knee cartilage replacement market is segmented into Autologous
chondrocyte implantation, arthroscopic chondroplasty, osteochondral grafts
transplantation, cell-based cartilage resurfacing, stem cell, sub chondroplasty, bio
scaffolds, microfracture, others. Arthroscopic chondroplasty will dominate the industry
over the forecast timeframe due to its advantages such as minimally invasive surgery
and outpatient procedure to repair small area of damaged cartilage.
Browse key industry insights from the report “Knee Cartilage Replacement Market
Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy,
France, Spain, Russia, Poland, China, India, Japan, Australia, Brazil, Argentina,
Mexico, South Africa, Saudi Arabia, Qatar, Kuwait, Egypt, UAE), Application
Development Potential, Price Trends, Competitive Market Share & Forecast, 2017
– 2024” in detail along with the table of contents:
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