What is Meniscus Implant Market?
The persistent meniscus knee pain is leading to consider knee replacement surgery. The new form of treatment is booming in the market known as the meniscus implant across the world, By giving patients an additional step on the path toward knee replacement. These menisci act as shock absorbers between your thighbone (femur) and shinbone (tibia). A different type of cartilage capping the tibia and femur also helps bones move smoothly. These 2 menisci help protect the ends of femur and tibia as they move together. As per the American Journal of Sports Medicine 2014 examination, the most well-known careful intercession performed by muscular specialists is for meniscal sores. As per a similar source, more than 1,000,000 careful mediations including meniscus are performed yearly in the U.S. furthermore, around 400,000 in Europe.
The market study is being classified by Type (Allograft, Synthetic, Xenograft and Others) and major geographies with country level break-up.
Active Implants (United States), Stryker (United States), RTI Surgical(United States), Orthonika(United States), Zimmer(United States) and Biofixt(Belgium) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Meniscus Implant market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Meniscus Implant market by Type, Application and Region.
On the basis of geography, the market of Meniscus Implant has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- The rising geriatric population and increasing incidence of sports injuries are major factors that are expected to drive the growth of the collagen meniscus implant market over the forecast period
- Upgraded bioabsorbable technology in meniscus implants will enhance the demand
- The high cost of the surgery
- Rising incidences of sports injuries combined with an increasingly geriatric population
- Issues related during the manufacturing of the meniscus
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Meniscus Implant Manufacturer, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industry
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