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Artificial Cartilage Implant Market, Global Outlook and Forecast 2023-2029

Artificial Cartilage Implant Market, Global Outlook and Forecast 2023-2029

  • Published on : 06 June 2023
  • Pages :76
  • Report Code:SMR-7704583

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Report overview

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.
This report aims to provide a comprehensive presentation of the global market for Artificial Cartilage Implant, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Artificial Cartilage Implant. This report contains market size and forecasts of Artificial Cartilage Implant in global, including the following market information:
Global Artificial Cartilage Implant Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Artificial Cartilage Implant Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Artificial Cartilage Implant companies in 2022 (%)
The global Artificial Cartilage Implant market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Artificial Cartilage Implant manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Artificial Cartilage Implant Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Artificial Cartilage Implant Market Segment Percentages, by Type, 2022 (%)
Upper Extremity Joints
Lower Extremity Joints
Vertebral Joints
Global Artificial Cartilage Implant Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Artificial Cartilage Implant Market Segment Percentages, by Application, 2022 (%)
Hospitals
Clinics
Ambulatory Surgical Centers
Global Artificial Cartilage Implant Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Artificial Cartilage Implant Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Artificial Cartilage Implant revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Artificial Cartilage Implant revenues share in global market, 2022 (%)
Key companies Artificial Cartilage Implant sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Artificial Cartilage Implant sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Biomet
Azellon Cell Therapeutics
Anika Therapeutics
Johnson & Johnson
CellGenix
Medtronic
Stryker Corporation
Smith & Nephew
Outline of Major Chapters:
Chapter 1: Introduces the definition of Artificial Cartilage Implant, market overview.
Chapter 2: Global Artificial Cartilage Implant market size in revenue and volume.
Chapter 3: Detailed analysis of Artificial Cartilage Implant manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Artificial Cartilage Implant in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Artificial Cartilage Implant capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.