GMI Knee Cartilage Replacement Market | Page 2

https://www.gminsights.com/industry-analysis/knee-cartilage-replacement-market The bone and joint disorders are most disabling conditions suffered by the U.S. citizens. The government declared 2002–2011 as the U.S. Bone and Joint Decade, to provide national recognition to musculoskeletal disorders. The U.S. Bone and Joint Initiative (USBJI) creates awareness regarding various bone and joint disorders. Favorable government policies coupled with increased awareness will boost the U.S. knee cartilage replacement market size. Presence of skilled healthcare professionals as well as increased bone and joint disorders will create huge demand for surgery products in Germany. Increased R&D is another factor contributing to the industry growth in future. For instance, the German firm Amedrix GmbH has developed minimally invasive surgical procedure for the treatment of cartilage defects. China knee cartilage replacement market size should grow at significant CAGR due to increased healthcare expenditure and prevalence of musculoskeletal disorders in the country. As per estimates, healthcare spending in China is growing rapidly and annual expenditure is projected to grow at 11.8% between 2014 to 2018. Population of individuals over the 60 years will reach 64 million by 2050 in Brazil, alarming the increasing prevalence of various musculoskeletal disorders. Adoption of cutting edge technologies and availability of advanced healthcare facilities should offer lucrative growth opportunities for Saudi Arabia knee cartilage replacement market. Some of industry players include Zimmer Biomet Holdings, B. Braun Melsungen, DePuy Synthes, Vericel, Osiris Therapeutics, Smith & Nephew, and Stryker. Strategic partnerships, investment in R&D to develop innovative products are the major strategies adopted by companies. . About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. 2 | Page