North America Cartilage Regeneration Market with business strategies and analysis to 2021.


Posted October 23, 2017 by Mounika09

Cartilage Regeneration Market By Type Of Treatment, By Application And By Region – Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)

 
The North America Cartilage Regeneration Market was valued at USD 134.88 million in 2016 and is expected to be growing at a CAGR of 16.6%, to touch USD 290.70 million by 2021. Bone and Cartilage are both specialised forms of connective tissue and are made up of cells in an extracellular matrix. The properties of these connective tissues are defined by the nature of the matrix.

Cartilage is thin, avascular, flexible and shows resistance to compressive forces. Hyaline Cartilage is the most widespread type of cartilage and makes up the embryonic skeleton. The main function of cartilage is connecting bones together. It is found in the human body in areas like ear, nose, throat, rib cage and between the bones of the back.

The growth of the North American Cartilage Regeneration Market is mainly driven by factors such as increasing incidence of joint & bone disorders and the growing aging population with related connective tissue ailments, couples with the wide availability of cartilage repair products. Furthermore, rapid increase in the obese population and escalating frequency of injuries in sports & other accidents are set to boost market growth in the future. However, discouraging compensation policies and the extraordinary cost of cartilage therapy are the major restraints of market growth.

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The North America Cartilage Regeneration Market is segmented on the basis of the Type of Treatment, Application and Geography. Based on the Type of Treatment used, the Cartilage Regeneration market is divided into Cell Based Approaches and Non-Cell Based Approaches. The Cell based Approaches are further divided into Chondrocyte Transplantation, Stem Cells and Growth Factor Technology. Non-cell based approach is further classified into Tissue Scaffolds and Cell-free composites. Based on Application, the Cartilage Regeneration Market is segmented into Hyaline Cartilage Regeneration and Fibrocartilage Regeneration.

Key points from TOC:
• Introduction
• Research Methodology
• Overview
• Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
• Market Segmentation
• Strategic Analysis
• Market Leaders' Analysis
• Competitive Landscape
• Market Outlook and Investment Opportunities

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The North American market has been geographically segmented into segmented into US and Canada. North America took the major chunk of the Global Cartilage Regeneration Market share in 2016, along with the highest global CAGR of more than 16%. Swift introduction of new cartilage repair or regeneration procedures driven by the increasing incidence bone & join disorders owing to age and injuries are driving the North American Cartilage Regeneration Market. The presence of major global market players in North America is a plus for market growth in this region.

Scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies


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The important players in the North America Cartilage Regeneration Market are 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.).

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Issued By Market Data Forecast
Country India
Categories Health
Tags cartilage regeneration market size
Last Updated October 23, 2017