Market Introduction
Degeneration of cartilage can lead to pain and chronic inflammation in joints of the human body. Furthermore, damaged cartilage can potentially influence the quality of a patient’s life. Continuous research and developments are innovating new techniques and methodologies to deal with damaged cartilages. A few of these techniques comprise joint replacement, cell therapies, and chondroplasty.
Market Overview and Dynamics
The Europe cartilage degeneration market is expected to reach US$ 3,365.09 million by 2027 from US$ 2,463.16 million in 2019; it is anticipated to grow at a CAGR of 4.1% from 2020 to 2027. The increasing prevalence of sports injuries and obesity is expected to boost the growth of the cartilage degeneration market in Europe. However, the market growth is impacted by the high cost of cartilage therapies and lack of reimbursement scenario.
Key Market Segments
In terms of procedure type, the joint replacement segment accounted for the largest share of the Europe cartilage degeneration market in 2019. In terms of application, the knee segment accounted for the largest share of the Europe cartilage degeneration market in 2019. Based on end user, the hospitals & specialty clinics segment accounted for the largest share of the Europe cartilage degeneration market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Asia Pacific cartilage degeneration market are the World Health Organization (WHO), British Journal of Sports Medicine, European Society of Sports Traumatology, Knee Surgery, Arthroscopy (ESSKA), Organization for Economic Cooperation and Development (OECD), and others.
Reasons to buy report
Europe Cartilage Degeneration Market Segmentation
By Procedure Type
By Application
By End User
By Country
Company Profiles
The List of Companies - Europe Cartilage Degeneration Market