Europe Knee Cartilage Repair Market will grow at a CAGR of 9.7% by 2029
Data models employed for the research methodology are vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. Not to mention, the data is collected only from the dependable sources such as journals, newspapers, company websites and annual reports of the companies on which HEALTHCARE industry can rely confidently. Businesses are highly relying on the different segments covered in Europe Knee Cartilage Repair Market research report which gives better insights to drive the business into right direction.
The knee is the largest joint in the body. The upper and lower bones of the knee are separated by two discs (menisci). The upper leg bone (femur) and the lower leg bones (tibia and fibula) are connected by ligaments and tendons. The cartilage is the most common type of connective tissue. It is found in various forms throughout our joints, spine, bones, ears, lungs, and nose. Cartilage is a flexible connective tissue which coats the surfaces of the bones in our joints and protects them against impact to maintain joint mobility fluid.
The knee cartilage repair is a procedure which involves repairing damaged cartilage while also smoothing the tissue’s remaining surface. The cartilage repair surgery, which attempts to restore cartilage tissue and function to avoid long-term osteoarthritis (OA), is an appropriate treatment choice for focal full-thickness cartilage abnormalities in the knee. The osteotomy, knee replacement, microfracture are some of the most common knee cartilage repair techniques. The surgical techniques or less prevalent surgical procedures, such as allograft osteochondral transplantation, autologous chondrocyte implantation and artificial scaffolds, are sometimes utilized to repair cartilage injury.
Data Bridge Market Research analyses that the Europe knee cartilage repair market will grow at a CAGR of 9.7% during the forecast period of 2022 to 2029.
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Drivers
- High prevalence of knee disorders
The common knee disease which occurs in Europe is knee osteoarthritis. Knee osteoarthritis accounts for almost four fifths of the burden of OA worldwide and increases with obesity and age. Knee diseases, especially the knee osteoarthritis, are common and a major cause of disability among the elderly population.
For instance,
- According to Global Burden of Disease Data, in 2019, over 57 million people in Western Europe have osteoarthritis (OA). The disease caused the loss of over 2 million years of healthy life
The rise in incidence of chronic knee disorders is expected to boost the sales and supply of the implants for treatment of cartilage repair in Europe. It would meet the patient requirements and hence is expected to drive the growth of the market.
- Growing geriatric population
Knee disorders, namely the knee osteoarthritis and ligament tear are the common in the elderly population in Europe. The adults, aged 60 years and above and particularly living in long-term care facilities, are likely to suffer from bone disorders. As ageing increases, the burden of knee disorders in the geriatric population may increase, which paves the way for development of medications and implants in diagnostic and prevention strategies critical for improving the knee disorders of older adults.
For instance,
- According to Eurostat, in 2021, more than one fifth of the EU population (20.8 %), was aged 65 and over
As the geriatric population suffering from chronic knee increases, it would result in increased demand of treatment. Therefore, the rise in geriatric population is expected to boost the growth of the market.
Patient Epidemiology Analysis
Orthopedic diseases continue to rise throughout the globe. Osteoarthritis is caused by inflammation, breakdown, and the gradual and eventual loss of cartilage in the joints. Over time, the cartilage wears down and the bones rub together.
According to Arthritis Research UK, approximately 1 in 5 adults (18.2.%), over 45 years of age has knee osteoporosis in England. According to report by the Oxford Academic, the incidence of knee osteoarthritis, were reported to show highest number of cases in the U.K., followed by France, Germany , Spain and Italy, showing the less record cases of knee osteoarthritis
This knee cartilage repair market also provides you with detailed market analysis for patient analysis, prognosis and cures. Prevalence, incidence, mortality, adherence are some of the data variables that are available in the report. Direct or indirect impact analysis of epidemiology to market growth are analysed to create a more robust and cohot multivariate statistical model for forecasting the market in growth period.
Recent Development
- In March 2022, Johnson & Johnson Services, Inc. announced the launch of new products to its knee portfolio, ATTUNE cementless fixed bearing knee with AFFIXIUM 3DP Technology and the ATTUNE Medial Stabilized Knee System. These innovations build on the kinematic features which are designed to revolutionize knee patient care. This has helped the company to increase its knee product portfolio
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Some of the major players operating in the Europe knee cartilage repair market are Stryker, Zimmer Biomet, B. Braun Melsungen AG, Smith & Nephew, BioTissue, JRI Orthopedics, CONMED, Mathys Ltd Bettlach, Johnson & Johnson Services, Inc., Medacta International, Meril Life Sciences Pvt Ltd., Hy2Care, Regentis Biomaterials Ltd., and Waldemar Link GmbH & Co. KG among others.
Europe Knee Cartilage Repair Market Scope
The knee cartilage repair market is categorized into six notable segments based on treatment, surgery, devices, application, end user, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Treatment
- Cell Based
- Non-Cell based
Based on treatment, Europe knee cartilage repair market is segmented into cell based and non-cell based.
Surgery
- Autologous Chondrocyte Implantation
- Microfracture
- Drilling
- Abrasion Arthroplasty
- Osteochondral Allograft Transplantation
- Osteochondral Autograft Transplantation
- Others
Based on surgery, Europe knee cartilage repair market is segmented into autologous chondrocyte implantation, microfracture, drilling, abrasion arthroplasty, osteochondral allograft transplantation, osteochondral autograft transplantation and others
Devices
- Implants
- Arthroscopy
- Bone Graft
- Osteotomy
- Resurfacing
- Arthrodesis
- Others
Based on devices, Europe knee cartilage repair market is segmented into implants, arthroscopy, bone graft, osteotomy, resurfacing, arthrodesis and others.
Application
- Osteoarthritis
- Rheumatoid Arthritis
- Bone Tumor
- Fracture
- Osteonecrosis
Based on application, Europe knee cartilage repair market is segmented into osteoarthritis, rheumatoid arthritis, bone tumor, fracture and osteonecrosis.
End User
- Hospitals
- Ambulatory Surgical Centers
- Independent Centers
Based on end user, Europe knee cartilage repair market is segmented into hospitals, ambulatory surgical centers and independent centers.
Distribution Channel
- Direct Sales
- Third Party Distributors
- Online Sales
- Others
Investing in this study would grant you access to valuable information, including:
- Comprehensive coverage of the Industry, both globally and broken down by region.
- Regional-level breakdowns of the market, including North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
- Country-specific market size splits for the most important countries with major market shares.
- Market share and revenue/sales data for the industry’s leading players.
- Analysis of market trends such as emerging technologies, products, and start-ups, as well as PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, and more.
- Detailed market size data, including breakdowns by application/industry verticals.
- Projections and forecasts for the market’s future growth and development.
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This Market Intelligence Report Analyses Some of the Most Crucial Concerns:
- How will the major segments of this international market develop over the next few years?
- Who are the major players that will dominate the market in the future?
- When it comes to this industry, who are the top suppliers and producers?
- How have the most successful companies in the industry planned for future growth and expansion?
- In what sectors might we expect to see the greatest increase in demand over the coming years?
- How many distinct subsets of buyers make up this market?
- Which regional powerhouse do you foresee as becoming the largest player in the international market?
- Does a new coronavirus pandemic have any consequences?
- In what ways are established actors stymied by the entry of newcomers, and how may they be overcome?
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