Knee Cartilage Repair Market 2022 Industry Growth Estimate, Key Players Analysis, Gross Margins, Strategy, Application, Investment Plan, Opportunity and 2030 Forecast

Kenneth Research, in its repository of market research reports, have recently added a report on Knee Cartilage Repair Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Knee Cartilage Repair Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Knee Cartilage Repair Market products.

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

Global Knee Cartilage Repair Market is valued approximately USD 3.37 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2019-2026. . It is a process were surgeon removes frayed and tattered cartilage and smoothen cartilage surface with the help of special tools while duration of surgery. This procedure of cartilage reduces joint friction, which in turn helps in reducing knee pain and restoring knee function. Generally, theses surgeries are called OATs surgeries osteochondral autograft transplantation or osteochondral allograft transplantation surgeries. Knee cartilage repair is helpful  to treat patients those are suffering from bones & joints disorder related problems. Therefore, rise in cases of bone & joint disorders across the globe is the factor propelling the growth of market over the forecast years. For instance: According to the International Osteoporosis Foundation, worldwide, osteoporosis causes more than 8.9 million fractures annually, resulting in an osteoporotic fracture every 3 seconds. Also, osteoporosis affects an estimated 75 million people in Europe, USA and Japan. Additionally, growing aging and obese population across the globe are the factors accelerating the growth of market over the forecast years. However, higher treatment cost and lack of skilled professionals are the factors hampering the growth of market over the forecast years

The regional analysis of global Knee Cartilage Repair market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising cases of bone & joint disorders in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rise in aging population create lucrative growth prospects for the Knee Cartilage Repair market across Asia-Pacific region.

Major market player included in this report are:
DePuy Synthes Companies
Zimmer Biomet
Stryker Corporation
Smith & Nephew plc
Braun Melsungen AG
Histogenics Corporation
ISTO Technologies, Inc.
MEDIPOST Co. Ltd.
Osiris Therapeutics, Inc.
TiGenix NV

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Arthroscopic Chondroplasty
Autologous Chondrocyte Implantation
Osteochondral Grafts Transplantation
Cell-based Cartilage Resurfacing
Implants Transplant
Microfracture
Others

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By End-user:
Hospitals
Ambulatory Surgical Centers
Orthopedic Clinics
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Knee Cartilage Repair Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)
1.2.1. Knee Cartilage Repair Market, by Region, 2018-2026 (USD Billion)
1.2.2. Knee Cartilage Repair Market, by Application, 2018-2026 (USD Billion)
1.2.3. Knee Cartilage Repair Market, by End-User, 2018-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Knee Cartilage Repair Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Knee Cartilage Repair Market Dynamics
3.1. Knee Cartilage Repair Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Knee Cartilage Repair Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Knee Cartilage Repair Market, by Application
5.1. Market Snapshot
5.2. Global Knee Cartilage Repair Market by Application, Performance – Potential Analysis
5.3. Global Knee Cartilage Repair Market Estimates & Forecasts by Application 2016-2026 (USD Billion)
5.4. Knee Cartilage Repair Market, Sub Segment Analysis
5.4.1. Arthroscopic Chondroplasty
5.4.2. Autologous Chondrocyte Implantation
5.4.3. Osteochondral Grafts Transplantation
5.4.4. Cell-based Cartilage Resurfacing
5.4.5. Implants Transplant
5.4.6. Microfracture
5.4.7. Others
Chapter 6. Global Knee Cartilage Repair Market, by End-User
6.1. Market Snapshot
6.2. Global Knee Cartilage Repair Market by End-User, Performance – Potential Analysis
6.3. Global Knee Cartilage Repair Market Estimates & Forecasts by End-User 2016-2026 (USD Billion)
6.4. Knee Cartilage Repair Market, Sub Segment Analysis

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