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Orthopedic disorders are leading cause of disability in geriatric population. Increased global geriatric population coupled with adoption of novel technologies to treat orthopedic disorders should drive the Knee Cartilage Replacement Market size. Increased prevalence of musculoskeletal disorders such as osteoarthritis and other orthopedic disorders will boost the surgery demand.
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Knee Cartilage Replacement Market size is expected to grow at significant CAGR from 2017 to 2024.: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Regional Analysis of Knee Cartilage Replacement Market : • Orthopedic disorders are leading cause of disability in geriatric population. Increased global geriatric population coupled with adoption of novel technologies to treat orthopedic disorders should drive the Knee Cartilage Replacement Market size. • Increased prevalence of musculoskeletal disorders such as osteoarthritis and other orthopedic disorders will boost the surgery demand. • As per global burden of disease and the worldwide impact of all diseases and risk factors 2012, musculoskeletal disorders affect more than 1.7 billion people around the globe, it is the second greatest cause of disability. • Moreover, favorable government policies to create awareness will also fuel the knee cartilage replacement market size over the forecast years.
Surge in sport related injuries is playing a key role in the industry growth. Some sports can result in long-term damage of knee cartilage. • As per CDC, rise in the participation in organized sports is expected to accelerate the sport related injuries. Approximately, 30 million people participate in sports in the U.S., and more than 3.5 million under age 14 receive medical treatment for sport injuries every year. • Increase in the number of sport injuries should escalate the knee cartilage replacement market size over the forecast period. • By procedure, knee cartilage replacement market is segmented into Autologous chondrocyte implantation, arthroscopic chondroplasty, osteochondral grafts transplantation, cell-based cartilage resurfacing, stem cell, sub chondroplasty, bio scaffolds, microfracture, others. Arthroscopic chondroplasty will dominate the industry over the forecast timeframe due to its advantages such as minimally invasive surgery and outpatient procedure to repair small area of damaged cartilage.
Competitive Market Share of Knee Cartilage Replacement Market • U.S. vocal biomarker market size should experience significant growth over the forecast period. The growth is attributed due to the robust healthcare infrastructure and home for several well-funded research based organizations with leading technology. • U.S. government agencies are associated with voice-based analysis researchers and firms for the product application in various fields such as trauma, geriatrics, and the country is also engaged in research related to innovative voice-analysis products particularly for self-diagnosis. • These factors should provide lucrative growth opportunities for vocal biomarkers market growth over the forecast period.
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