Report : MENA Knee Cartilage Repair Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Procedure Type (Arthroscopic Chondroplasty, Cell-based Cartilage Resurfacing, Osteochondral Grafts Transplantation, and Others); Product (Screws & Implants, Arthroscope, and Others), and End User (Hospitals, Ambulatory Surgical Centers, and Orthopedic Clinics)
Hospitals Segment to Lead MENA Knee Cartilage Repair Market During 2022–2028
According to our new research study on “Middle East and North Africa Knee Cartilage Repair Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Procedure Type, Product, and End User,” the MENA knee cartilage repair market is expected to grow from US$ 57,730.82 thousand in 2022 to US$ 79,443.64 thousand by 2028; it is estimated to record a CAGR of 5.5% from 2022–2028. Key factors driving the MENA knee cartilage repair market growth are rise in prevalence of osteoarthritis and developments in orthopedic field.
The MENA knee cartilage repair market, by end user, is segmented into hospitals, ambulatory surgical centers, and orthopedic clinics. The hospitals segment held the largest share of the market in 2022 and is anticipated to register the highest CAGR in the MENA knee cartilage repair market during the forecast period. The hospitals segment growth is attributed to the increased number of procedures for knee injuries and other orthopedic treatments. Hospitals provide treatment with specialized nursing staff and medical equipment. They house various orthopedic surgical procedures, including critical surgeries, such as arthroplasty, and fusion techniques, such as artificial knee joints and other procedures that demand high precision and accuracy. Hospitals complement and amplify the effectiveness of many other parts of the health system, providing continuous availability of services for acute and complex conditions. Over the last few years, the advent of minimally invasive techniques and arthroplasty/joint replacement procedures has been generating considerable interest as alternatives to traditional surgery. Additionally, the increasing number of hospitals offering innovative treatment options and advanced patient care as a part of orthopedic treatment will be responsible for the market growth for the segment. Thus, such factors promote the MENA knee cartilage repair market growth for the hospitals segment during the forecast period.
Saudi Arabia is one of the fastest-growing countries in the MENA and held the largest MENA knee cartilage repair market share, driven by a huge population base and an increase in the prevalence of chronic diseases. Saudi Arabia has seen a significant change in lifestyle due to the rapid economic transition and associated technological and social changes. A high sedentary behavior and a change in dietary patterns, with people favoring energy-dense foods such as fast foods and sugar-sweetened beverages over nutrient-dense foods was observed.
In a study titled "Fast-Food Consumption, Dietary Quality, and Dietary Intake of Adolescents in Saudi Arabia," published in November 2022, high fast-food and junk food consumption was observed in 2020, accounting for 87% of the studied sample in Saudi Arabia. As per the study, 85% of Saudi adolescents preferred fast food instead of homemade food. Approximately 28.5% of the participants ate fast food more than twice a week. The increased consumption of fast food among adolescents poses a significant public health concern and can lead to an increased risk of obesity and several noncommunicable diseases in adulthood. Obese patients are more prone to developing knee injuries than normal BMI patients, as more weight puts more strain on joints and the cartilage protecting the ends of bones. In addition, excess weight is a risk factor for osteoarthritis as the increased stress on the joints wears down the cartilage at the ends of bones quickly. Thus, the factors mentioned above are expected to provide growth opportunities for the MENA knee cartilage repair market in the country.
Arthrex Inc, Medical Device Business Services Inc, Zimmer Biomet Holdings Inc, Medacta Group SA, Anika Therapeutics Inc, Conmed Corp, Stryker Corp, CartiHeal Inc, Smith & Nephew Plc, and B. Braun SE are among the leading companies operating in the MENA knee cartilage repair market.
Based on procedure type, the MENA knee cartilage repair market is segmented into arthroscopic chondroplasty, cell-based cartilage resurfacing, osteochondral graft transplantation, and others. In terms of product, the MENA knee cartilage repair market is segmented into arthroscopic systems, screws & implants, and others. By end user, the MENA knee cartilage repair market is segmented into hospitals, ambulatory surgical centers, and orthopedic clinics. By region, the MENA knee cartilage repair market is segmented into Saudi Arabia, the UAE, Egypt, Israel, and the Rest of MENA.
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