KEY FINDINGS
The North America cartilage degeneration market is set to project a CAGR of 4.80% during the forecasting period of 2021 to 2028. The regional market's growth is credited to key factors such as the well-established presence of several firms, the rising incidence of obesity owing to unhealthy lifestyles and imbalanced food fortification, and increased investments for product innovation.
MARKET INSIGHTS
The North America cartilage degeneration market growth evaluation entails the study of Canada and the United States. The procedures used for the treatment of cartilage degeneration include joint replacement, osteochondral transplant, and meniscus transplants, among others. According to the Canadian Institute of Health Information, the number of joint replacements recorded has considerably increased in Canada, with approximately 130,000 surgeries performed annually. Moreover, nearly 70,000 knee replacements, in addition to 59,000 hip replacements, were performed between 2017 and 2018 in the country.
On the other hand, scientists in Canada continue to establish efforts in order to develop new treatments for repairing cartilage degeneration. For instance, researchers from the Arthritis Program as well as the Krembil Research Institute at UHN are analyzing and studying the use of stem cells for treating osteoarthritis. Therefore, the factors mentioned above are expected to drive the cartilage degeneration market growth in North America over the forecast years.
COMPETITIVE INSIGHTS
Some of the top companies operating in the market are Stryker Corporation, CONMED Corporation, Johnson & Johnson, Zimmer Biomet, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
North America Cartilage Degeneration Market Forecast 2021-2028
Table Of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Sports Injuries Damaging Cartilage And Ligaments
3.1.2. Degeneration Of Cartilage Due To Obesity
3.1.3. Bone And Joint-Related Diseases In The Geriatric Population
3.2. Key Restraints
3.2.1. High Cost Of Cartilage Repair Therapies
3.2.2. Lack Of Favorable Regulatory Environment
4. Key Analytics
4.1. Impact Of Covid-19 On Cartilage Degeneration Market
4.2. Key Market Trends
4.3. Porter's Five Forces Analysis
4.3.1. Threat Of New Entry
4.3.2. Threat Of Substitution
4.3.3. Buyers Power
4.3.4. Suppliers Power
4.3.5. Competitive Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
5. Market By Procedure
5.1. Joint Replacement
5.2. Chondroplasty
5.3. Cell-Based Cartilage Resurfacing
5.4. Osteochondral Transplant
5.5. Meniscus Transplants
5.6. Other Procedures
6. Market By Application
6.1. Knee
6.2. Hips
6.3. Other Applications
7. Market By End-User
7.1. Ambulatory Surgical Centers
7.2. Hospitals & Specialty Clinics
7.3. Academic & Research Institutes
8. Geographical Analysis
8.1. North America
8.1.1. Market Size & Estimates
8.1.2. Key Growth Enablers
8.1.3. Key Challenges
8.1.4. Key Players
8.1.5. Country Analysis
8.1.5.1. United States
8.1.5.2. Canada
9. Competitive Landscape
9.1. Key Strategic Developments
9.1.1. Mergers & Acquisitions
9.1.2. Product Launches & Developments
9.1.3. Partnerships & Agreements
9.1.4. Business Expansions, Announcements, And Divestitures
9.2. Company Profiles
9.2.1. Anika Therapeutics Inc
9.2.2. Arthrex Inc
9.2.3. B Braun Melsungen Ag
9.2.4. Biotissue Sa
9.2.5. Cartiheal Inc
9.2.6. Conmed Corporation
9.2.7. Depuy Synthes Companies
9.2.8. Osiris Therapeutics Inc
9.2.9. Rti Surgical Inc
9.2.10. Smith & Nephew Plc
9.2.11. Stryker Corporation
9.2.12. Vericel Corporation
9.2.13. Zimmer Biomet Holdings
List Of Tables
Table 1: Market Snapshot - Cartilage Degeneration
Table 2: North America Cartilage Degeneration Market, By Procedure, Historical Years, 2016-2020 (In $ Million)
Table 3: North America Cartilage Degeneration Market, By Procedure, Forecast Years, 2021-2028 (In $ Million)
Table 4: North America Cartilage Degeneration Market, By Application, Historical Years, 2016-2020 (In $ Million)
Table 5: North America Cartilage Degeneration Market, By Application, Forecast Years, 2021-2028 (In $ Million)
Table 6: North America Cartilage Degeneration Market, By End-User, Historical Years, 2016-2020 (In $ Million)
Table 7: North America Cartilage Degeneration Market, By End-User, Forecast Years, 2021-2028 (In $ Million)
Table 8: North America Cartilage Degeneration Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 9: North America Cartilage Degeneration Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 10: Leading Players Operating In The North America Cartilage Degeneration Market
Table 11: List Of Mergers & Acquisitions
Table 12: List Of Product Launches & Developments
Table 13: List Of Partnerships & Agreements
Table 14: List Of Business Expansions, Announcements, And Divestitures
List Of Figures
Figure 1: Key Market Trends
Figure 2: Porter's Five Forces Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: North America Cartilage Degeneration Market, By Procedure, In 2020
Figure 6: North America Cartilage Degeneration Market, By Joint Replacement, 2021-2028 (In $ Million)
Figure 7: North America Cartilage Degeneration Market, By Chondroplasty, 2021-2028 (In $ Million)
Figure 8: North America Cartilage Degeneration Market, By Cell-Based Cartilage Resurfacing, 2021-2028 (In $ Million)
Figure 9: North America Cartilage Degeneration Market, By Osteochondral Transplant, 2021-2028 (In $ Million)
Figure 10: North America Cartilage Degeneration Market, By Meniscus Transplants, 2021-2028 (In $ Million)
Figure 11: North America Cartilage Degeneration Market, By Other Procedures, 2021-2028 (In $ Million)
Figure 12: North America Cartilage Degeneration Market, By Application, In 2020
Figure 13: North America Cartilage Degeneration Market, By Knee, 2021-2028 (In $ Million)
Figure 14: North America Cartilage Degeneration Market, By Hips, 2021-2028 (In $ Million)
Figure 15: North America Cartilage Degeneration Market, By Other Applications, 2021-2028 (In $ Million)
Figure 16: North America Cartilage Degeneration Market, By End-User, In 2020
Figure 17: North America Cartilage Degeneration Market, By Ambulatory Surgical Centers, 2021-2028 (In $ Million)
Figure 18: North America Cartilage Degeneration Market, By Hospitals & Specialty Clinics, 2021-2028 (In $ Million)
Figure 19: North America Cartilage Degeneration Market, By Academic & Research Institutes, 2021-2028 (In $ Million)
Figure 20: North America Cartilage Degeneration Market, Country Outlook, 2020 & 2028 (In %)
Figure 21: United States Cartilage Degeneration Market, 2021-2028 (In $ Million)
Figure 22: Canada Cartilage Degeneration Market, 2021-2028 (In $ Million)
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