Cartilage is the semi-rigid specialized connective tissue performing a range of functions in the human body. It is designed to give support, bear weight and withstand tension, torsion, and bending. Cartilage can be classified as articular cartilage, elastic cartilage or fibrocartilage. Each cartilage type has its function e.g. elastic cartilage help in the maintenance of shape and structure of the ear and trachea. Cartilage also acts as a binder between two bones, permitting smooth motion between adjoining bony segments. Articular cartilage is found in synovial joints such as hip, knee, and elbow and is concerned with the mechanical and functional behavior. Osteoarthrosis is the one of the leading disability in the United States. About 80% of people over the age of 65+ in the United States are suffering from osteoarthrosis. Most commonly, distal interphalangeal, first carpometacarpal, and knee joints are affected leading to physical disability.
Artificial cartilage implant market revenue is growing with a significant rate, this is attributed to increasing usage of these implants to repair degenerative cartilages. In addition to this, the artificial cartilage implants are useful in delaying total and partial joint replacement surgeries in elderly. Growing healthcare expenditure and increasing awareness regarding artificial cartilage implants is expected to boost the revenue growth of artificial cartilage implant market. Increasing number of new product launches also drives the market for artificial cartilage implants. However higher pricing of cartilage replacement surgeries along with the risk factors associated with artificial cartilages is expected to hamper the growth of the artificial cartilage implant market over the forecast period.
The global Artificial Cartilage Implant market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Artificial Cartilage Implant market based on company, product type, end user and key regions.
This report studies the global market size of Artificial Cartilage Implant in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Artificial Cartilage Implant in these regions.
This research report categorizes the global Artificial Cartilage Implant market by top players/brands, region, type and end user. This report also studies the global Artificial Cartilage Implant market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Azellon Cell Therapeutics
Johnson & Johnson
Smith & Nephew
Market size by Product
Upper Extremity Joints
Lower Extremity Joints
Market size by End User
Ambulatory Surgical Centers
Market size by Region
Central & South America
Rest of Central & South America
Middle East & Africa
The study objectives of this report are:
To study and analyze the global Artificial Cartilage Implant market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Artificial Cartilage Implant market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Artificial Cartilage Implant companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Artificial Cartilage Implant submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Artificial Cartilage Implant are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Artificial Cartilage Implant market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.