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Cartilage Repair/ Cartilage Regeneration Market worth 779.8 Million USD by 2021


News provided by

MarketsandMarkets

05 Dec, 2016, 14:30 GMT

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PUNE, India, December 5, 2016 /PRNewswire/ --

According to a new market research report "Cartilage Repair/ Cartilage Regeneration Market by Treatment modalities (Chondrocyte Transplantation, Growth Factor Technology, Tissue Scaffolds, Cell-free composites), Application (Hyaline Cartilage, Fibrocartilage), by Region - Forecast to 2021" published by MarketsandMarkets, the market is projected to reach USD 779.8 Million by 2021 from USD 414.6 Million in 2016, growing at a CAGR of 13.5% during the forecast period of 2016 to 2021.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 63 market data Tables and 22 Figures spread through 102 Pages and in-depth TOC on "Cartilage Repair/ Cartilage Regeneration Market"

http://www.marketsandmarkets.com/Market-Reports/cartilage-repair-regeneration-market-37493272.html

Early buyers will receive 10% customization on this report. 

Increase in obese population and rising incidence of sports injuries are the major factors driving the demand of cartilage repair/ cartilage regeneration. On the other hand, high cost of therapy and unfavorable reimbursement scenario are the major factors restraining the growth of this market.

The Cartilage Repair/ Cartilage Regeneration Market is segmented on the basis of treatment modalities, application, and region. Based on treatment modalities, the market is segmented into cell based approaches and non-cell based approaches. Cell based approaches are further segmented into chondrocyte transplantation, growth factor technology, and stem cells. Non-cell based approaches are segmented into tissue scaffolds and cell-free composites. The cell based approaches segment is expected to account for the largest market share in 2016.This treatment modality segment is also expected to be the fastest growing segment in the Cartilage Repair/ Cartilage Regeneration Market. This segment is projected to grow at CAGR of 14.1% during forecast period. The large share and high growth of this segment can be attributed to long-term results of these therapies in terms of cartilage repair which makes it most preferred therapy.

Speak to our research experts: 

http://www.marketsandmarkets.com/speaktoanalyst.asp?id=37493272

On the basis of applications, the Cartilage Repair/ Cartilage Regeneration Market is segmented into hyaline cartilage and fibrocartilage. Among these segments, the hyaline cartilage segment is expected to account for the largest market share in 2016. Hyaline cartilage application segment is also expected to be the fastest growing application segment in the Cartilage Repair/ Cartilage Regeneration Market. This application segment is projected to grow at CAGR of 13.9% during forecast period. The large share and high growth of this segment can be attributed to the high prevalence of cartilage damage in hyaline cartilage.

Globally, North America is expected to be the fastest-growing regional segment in the Cartilage Repair/ Cartilage Regeneration Market. North America is also expected to account for largest share in the Cartilage Repair/ Cartilage Regeneration Market, by region in 2016. The high growth and largest share of this segment can primarily be attributed to the expansion of the Cartilage Repair/ Cartilage Regeneration Market in this region due to presence of major players in this market and wide availability of cartilage repair products.

The major players operating in the Cartilage Repair/ Cartilage Regeneration Market include Zimmer Biomet Holdings, Inc. (U.S.), Vericel Corporation (U.S.), Smith & Nephew plc (U.K.), Osiris Therapeutics, Inc. (U.S.), and Arthrex Inc. (U.S.).

Browse Related Reports: 

Soft Tissue Repair Market by Product (Mesh/Tissue patch, Allograft, Xenograft, Suture Anchor, Interference Screws, Laparoscopic Instruments) by Application (Hernia, Dural, Orthopedic, Skin, Dental, Vaginal, Breast augmentation) - Global Forecast to 2019

http://www.marketsandmarkets.com/Market-Reports/soft-tissue-repair-devices-market-216009453.html  

Knee Reconstruction Devices Market by Product Type (Primary (Cemented & Cementless), Partial, and Revision Implants), and Geography (U.S., Canada, Eu-5, Japan, Bric, Turkey, Indonesia - Global Analysis and Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/knee-reconstruction-devices-market-62371075.html  
 
About MarketsandMarkets:

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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