Skip to main content

Rapid Growth at a CAGR of ~ 7.2% of Chondroplasty Market- MRFR aseerts 2019

Chondroplasty Industry Size Witness a Rapid Growth at a CAGR of ~ 7.2 to reach Global worth of 14.8 billion USD by 2023

The recent developments in the chondroplasty treatment includes development of radio frequency chondroplasty which uses radio frequency waves to fill cracks and wedges in the cartilage structure and to stimulate growth.

The “global Chondroplasty Industry is expected to reach US$ 14.8 billion by 2023, and the market is projected to grow at a CAGR of ~ 7.2 % during the forecast period 2017-2023.”

However, in conditions such as arthritis, trauma, injuries etc. it becomes rough and damaged causing pain and swelling. Joint cartilage once damaged naturally heals poorly in most cases. Chondroplasty is performed to decrease complications, risks, and recovery time. The purpose of chondroplasty is to remove away the damaged joint surface.

Competitive Analysis:

Key players profiled in the report are –
  • Braun Melsungen AG
  • NuOrtho Surgical Inc.
  • Zimmer Biomet Holdings Inc.
  • Smith & Nephew plc
  • Nebula Inc.
  • Gpcmedical
  • Osiris Therapeutics Inc.
  • Sklar Surgical Instruments
  • Stryker Corporation and others.
Intended Audience
  • Global Chondroplasty treatment manufacturers & suppliers
  • Research and development (R&D) companies
  • Hospitals and clinics
  • Academic institutes and universities
The recent developments in the chondroplasty treatment includes development of radio frequency chondroplasty which uses radio frequency waves to fill cracks and wedges in the cartilage structure and also to stimulate growth. There is also an increasing trend towards miniaturization of devices. Development of alloys have advanced the shavers and made them more efficient to ensure less trauma to the tissue being treated.

Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report at https://www.marketresearchfuture.com/reports/chondroplasty-market-4205

Regional Analysis:

The Americas account for a significant market share owing to extensive use of medications and high expenditure on the health care. Additionally, the fastest uptake of new instruments and surgical techniques in the US drives the Chondroplasty Industry. The good reimbursement scenario and the greater awareness in the developed regions drive the market.

Europe is the second largest market in the world due to high income and healthcare penetration.
Asia Pacific region is expected to grow rapidly and China and India are likely to lead this market due to fast growing healthcare sector during the forecast period.

Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.

Labels:

Comments

Post a Comment

Popular posts from this blog

Dupuytren's contracture Market Size, Growth Analysis By Types, Treatment on Top Key Players

Dupuytren's contracture is a condition in which there is difficulty in articulating fingers due to formation of tissue knots under the skin. In severe conditions, the fingers become permanently bent in a flexed position. Dupuytren's contracture is typically not painful and generally affects the ring finger followed by the little and middle finger. The exact causes of Dupuytren's contracture are unknown however the risk factors include alcoholism, smoking, thyroid problems, liver disease, diabetes, previous hand trauma, epilepsy, family history etc. The market drivers for Dupuytren’s contracture market are, increase in risk factors rising incomes, growing screening, increasing geriatric population etc. The market restraints are cost of Dupuytren’s contracture surgery, complications and risk of the surgery, invasive nature of treatment, and regression of the disease even after treatment etc. The  global Dupuytren’s contracture market is expected to reach USD 5.5 billion ...
Post a Comment
Read more

Acoustic Insulation Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021-2026

  The Global Acoustic Insulation Market share is expected to grow at more than 4.6% CAGR from 2019 to 2028. It is expected to reach above USD 19.6 billion by 2028. Acoustic Solutions as we know is an important ingredient for industrial and residential production. The Acoustic Insulation market for Acoustic Solutions has also seen a significant growth and is expected to see growing in coming years. There are few market drivers and restraints behind this growth. Technological changes in the automobile industry are leading complete makeover of industry. This make over will be gradual in its course. Development of Lithium-Ion battery, increasing preference of the consumer as well as nudging by government for the consumption of clean energy is leading to significant overhaul of the industry. Various regional markets have committed to reduce and ultimately stop the consumption of fossil fuel in coming decades. To tackle the issue of pollution and safety, India which is the fourth largest...
Post a Comment
Read more

Medical Billing Outsourcing Market Technological Scope, Future Trends and Growth Analysis by Types

Medical Billing Outsourcing Market Research Report: Information by Component (In House & Outsourced), Service (Front End Service, Middle End Service, & Back End Service), End User (Hospitals, Physician’s Office, & Others) — Global Forecast till 2023 The report presents a detailed analysis of  Medical Billing Outsourcing Market  by providing readers with a comprehensive overview of the market’s historical trajectory. The leading drivers and restraints affecting the global prostate cancer market are assessed in detail in the report. The historical impact of these drivers and restraints is analyzed in context of the current impact of these factors and projections are made for the likely impact of these drivers and restraints over the forecast period. Major Key Players To gain a substantially large competitive advantage, these players incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product launch. R1...
Post a Comment
Read more