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.
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