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Artificial Cartilage Implant-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Artificial Cartilage Implant market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Artificial Cartilage Implant in various end use industries. The expanding demands from the Hospitals, Clinics and Ambulatory Surgical Centers,, are propelling Artificial Cartilage Implant market. Upper Extremity Joints, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Lower Extremity Joints segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Artificial Cartilage Implant, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Artificial Cartilage Implant market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Artificial Cartilage Implant market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Artificial Cartilage Implant sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Artificial Cartilage Implant covered in this report include Biomet, Azellon Cell Therapeutics, Anika Therapeutics, Johnson & Johnson, CellGenix, Medtronic, Stryker Corporation and Smith & Nephew, etc.
The global Artificial Cartilage Implant market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Biomet
Azellon Cell Therapeutics
Anika Therapeutics
Johnson & Johnson
CellGenix
Medtronic
Stryker Corporation
Smith & Nephew
Global Artificial Cartilage Implant market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Artificial Cartilage Implant market, Segment by Type:
Upper Extremity Joints
Lower Extremity Joints
Vertebral Joints
Global Artificial Cartilage Implant market, by Application
Hospitals
Clinics
Ambulatory Surgical Centers
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Artificial Cartilage Implant manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Artificial Cartilage Implant in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Artificial Cartilage Implant market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Artificial Cartilage Implant in various end use industries. The expanding demands from the Hospitals, Clinics and Ambulatory Surgical Centers,, are propelling Artificial Cartilage Implant market. Upper Extremity Joints, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Lower Extremity Joints segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Artificial Cartilage Implant, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Artificial Cartilage Implant market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Artificial Cartilage Implant market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Artificial Cartilage Implant sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Artificial Cartilage Implant covered in this report include Biomet, Azellon Cell Therapeutics, Anika Therapeutics, Johnson & Johnson, CellGenix, Medtronic, Stryker Corporation and Smith & Nephew, etc.
The global Artificial Cartilage Implant market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Biomet
Azellon Cell Therapeutics
Anika Therapeutics
Johnson & Johnson
CellGenix
Medtronic
Stryker Corporation
Smith & Nephew
Global Artificial Cartilage Implant market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Artificial Cartilage Implant market, Segment by Type:
Upper Extremity Joints
Lower Extremity Joints
Vertebral Joints
Global Artificial Cartilage Implant market, by Application
Hospitals
Clinics
Ambulatory Surgical Centers
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Artificial Cartilage Implant manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Artificial Cartilage Implant in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Artificial Cartilage Implant Market Overview
1.1 Artificial Cartilage Implant Product Overview
1.2 Artificial Cartilage Implant Market Segment by Type
1.2.1 Upper Extremity Joints
1.2.2 Lower Extremity Joints
1.2.3 Vertebral Joints
1.3 Global Artificial Cartilage Implant Market Size by Type
1.3.1 Global Artificial Cartilage Implant Market Size Overview by Type (2018-2029)
1.3.2 Global Artificial Cartilage Implant Historic Market Size Review by Type (2018-2023)
1.3.3 Global Artificial Cartilage Implant Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Artificial Cartilage Implant Sales Breakdown by Type (2018-2023)
1.4.2 Europe Artificial Cartilage Implant Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Artificial Cartilage Implant Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Artificial Cartilage Implant Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Artificial Cartilage Implant Sales Breakdown by Type (2018-2023)
2 Global Artificial Cartilage Implant Market Competition by Company
2.1 Global Top Players by Artificial Cartilage Implant Sales (2018-2023)
2.2 Global Top Players by Artificial Cartilage Implant Revenue (2018-2023)
2.3 Global Top Players by Artificial Cartilage Implant Price (2018-2023)
2.4 Global Top Manufacturers Artificial Cartilage Implant Manufacturing Base Distribution, Sales Area, Product Type
2.5 Artificial Cartilage Implant Market Competitive Situation and Trends
2.5.1 Artificial Cartilage Implant Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Artificial Cartilage Implant Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Artificial Cartilage Implant as of 2022)
2.7 Date of Key Manufacturers Enter into Artificial Cartilage Implant Market
2.8 Key Manufacturers Artificial Cartilage Implant Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Artificial Cartilage Implant Status and Outlook by Region
3.1 Global Artificial Cartilage Implant Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Artificial Cartilage Implant Historic Market Size by Region
3.2.1 Global Artificial Cartilage Implant Sales in Volume by Region (2018-2023)
3.2.2 Global Artificial Cartilage Implant Sales in Value by Region (2018-2023)
3.2.3 Global Artificial Cartilage Implant Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Artificial Cartilage Implant Forecasted Market Size by Region
3.3.1 Global Artificial Cartilage Implant Sales in Volume by Region (2024-2029)
3.3.2 Global Artificial Cartilage Implant Sales in Value by Region (2024-2029)
3.3.3 Global Artificial Cartilage Implant Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Artificial Cartilage Implant by Application
4.1 Artificial Cartilage Implant Market Segment by Application
4.1.1 Hospitals
4.1.2 Clinics
4.1.3 Ambulatory Surgical Centers
4.2 Global Artificial Cartilage Implant Market Size by Application
4.2.1 Global Artificial Cartilage Implant Market Size Overview by Application (2018-2029)
4.2.2 Global Artificial Cartilage Implant Historic Market Size Review by Application (2018-2023)
4.2.3 Global Artificial Cartilage Implant Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Artificial Cartilage Implant Sales Breakdown by Application (2018-2023)
4.3.2 Europe Artificial Cartilage Implant Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Artificial Cartilage Implant Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Artificial Cartilage Implant Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Artificial Cartilage Implant Sales Breakdown by Application (2018-2023)
5 North America Artificial Cartilage Implant by Country
5.1 North America Artificial Cartilage Implant Historic Market Size by Country
5.1.1 North America Artificial Cartilage Implant Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Artificial Cartilage Implant Sales in Volume by Country (2018-2023)
5.1.3 North America Artificial Cartilage Implant Sales in Value by Country (2018-2023)
5.2 North America Artificial Cartilage Implant Forecasted Market Size by Country
5.2.1 North America Artificial Cartilage Implant Sales in Volume by Country (2024-2029)
5.2.2 North America Artificial Cartilage Implant Sales in Value by Country (2024-2029)
6 Europe Artificial Cartilage Implant by Country
6.1 Europe Artificial Cartilage Implant Historic Market Size by Country
6.1.1 Europe Artificial Cartilage Implant Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Artificial Cartilage Implant Sales in Volume by Country (2018-2023)
6.1.3 Europe Artificial Cartilage Implant Sales in Value by Country (2018-2023)
6.2 Europe Artificial Cartilage Implant Forecasted Market Size by Country
6.2.1 Europe Artificial Cartilage Implant Sales in Volume by Country (2024-2029)
6.2.2 Europe Artificial Cartilage Implant Sales in Value by Country (2024-2029)
7 Asia-Pacific Artificial Cartilage Implant by Region
7.1 Asia-Pacific Artificial Cartilage Implant Historic Market Size by Region
7.1.1 Asia-Pacific Artificial Cartilage Implant Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Artificial Cartilage Implant Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Artificial Cartilage Implant Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Artificial Cartilage Implant Forecasted Market Size by Region
7.2.1 Asia-Pacific Artificial Cartilage Implant Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Artificial Cartilage Implant Sales in Value by Region (2024-2029)
8 Latin America Artificial Cartilage Implant by Country
8.1 Latin America Artificial Cartilage Implant Historic Market Size by Country
8.1.1 Latin America Artificial Cartilage Implant Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Artificial Cartilage Implant Sales in Volume by Country (2018-2023)
8.1.3 Latin America Artificial Cartilage Implant Sales in Value by Country (2018-2023)
8.2 Latin America Artificial Cartilage Implant Forecasted Market Size by Country
8.2.1 Latin America Artificial Cartilage Implant Sales in Volume by Country (2024-2029)
8.2.2 Latin America Artificial Cartilage Implant Sales in Value by Country (2024-2029)
9 Middle East and Africa Artificial Cartilage Implant by Country
9.1 Middle East and Africa Artificial Cartilage Implant Historic Market Size by Country
9.1.1 Middle East and Africa Artificial Cartilage Implant Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Artificial Cartilage Implant Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Artificial Cartilage Implant Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Artificial Cartilage Implant Forecasted Market Size by Country
9.2.1 Middle East and Africa Artificial Cartilage Implant Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Artificial Cartilage Implant Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Biomet
10.1.1 Biomet Company Information
10.1.2 Biomet Introduction and Business Overview
10.1.3 Biomet Artificial Cartilage Implant Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Biomet Artificial Cartilage Implant Products Offered
10.1.5 Biomet Recent Development
10.2 Azellon Cell Therapeutics
10.2.1 Azellon Cell Therapeutics Company Information
10.2.2 Azellon Cell Therapeutics Introduction and Business Overview
10.2.3 Azellon Cell Therapeutics Artificial Cartilage Implant Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Azellon Cell Therapeutics Artificial Cartilage Implant Products Offered
10.2.5 Azellon Cell Therapeutics Recent Development
10.3 Anika Therapeutics
10.3.1 Anika Therapeutics Company Information
10.3.2 Anika Therapeutics Introduction and Business Overview
10.3.3 Anika Therapeutics Artificial Cartilage Implant Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Anika Therapeutics Artificial Cartilage Implant Products Offered
10.3.5 Anika Therapeutics Recent Development
10.4 Johnson & Johnson
10.4.1 Johnson & Johnson Company Information
10.4.2 Johnson & Johnson Introduction and Business Overview
10.4.3 Johnson & Johnson Artificial Cartilage Implant Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Johnson & Johnson Artificial Cartilage Implant Products Offered
10.4.5 Johnson & Johnson Recent Development
10.5 CellGenix
10.5.1 CellGenix Company Information
10.5.2 CellGenix Introduction and Business Overview
10.5.3 CellGenix Artificial Cartilage Implant Sales, Revenue and Gross Margin (2018-2023)
10.5.4 CellGenix Artificial Cartilage Implant Products Offered
10.5.5 CellGenix Recent Development
10.6 Medtronic
10.6.1 Medtronic Company Information
10.6.2 Medtronic Introduction and Business Overview
10.6.3 Medtronic Artificial Cartilage Implant Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Medtronic Artificial Cartilage Implant Products Offered
10.6.5 Medtronic Recent Development
10.7 Stryker Corporation
10.7.1 Stryker Corporation Company Information
10.7.2 Stryker Corporation Introduction and Business Overview
10.7.3 Stryker Corporation Artificial Cartilage Implant Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Stryker Corporation Artificial Cartilage Implant Products Offered
10.7.5 Stryker Corporation Recent Development
10.8 Smith & Nephew
10.8.1 Smith & Nephew Company Information
10.8.2 Smith & Nephew Introduction and Business Overview
10.8.3 Smith & Nephew Artificial Cartilage Implant Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Smith & Nephew Artificial Cartilage Implant Products Offered
10.8.5 Smith & Nephew Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Artificial Cartilage Implant Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Artificial Cartilage Implant Industrial Chain Analysis
11.4 Artificial Cartilage Implant Market Dynamics
11.4.1 Artificial Cartilage Implant Industry Trends
11.4.2 Artificial Cartilage Implant Market Drivers
11.4.3 Artificial Cartilage Implant Market Challenges
11.4.4 Artificial Cartilage Implant Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Artificial Cartilage Implant Distributors
12.3 Artificial Cartilage Implant Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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