Market Introduction
Degeneration of cartilage leads to pain and chronic inflammation in joints of a 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 North America cartilage degeneration market is expected to reach US$ 6,998.45 million by 2027 from US$ 4,889.27 million in 2019; it is anticipated to grow at a CAGR of 4.7% from 2020 to 2027. The increasing prevalence of sports injuries and obesity is expected to boost the growth of the cartilage degeneration market in North America. However, the market is impacted by the high cost of cartilage therapies.
Key Market Segments
In terms of procedure type, the joint replacement segment accounted for the largest share of the North America cartilage degeneration market in 2019. In terms of application, the knee segment accounted for the largest share of the North America cartilage degeneration market in 2019. In terms of end user, the hospitals & specialty clinics segment accounted for the largest share of the North America cartilage degeneration market in 2019.
Major Sources and Companies Listed
Major primary and secondary sources associated with the North America cartilage degeneration market report are the World Health Organization (WHO), American Academy of Orthopaedic Surgeons (AAOS), Washington University Orthopedics, Agency for Healthcare Research and Quality, Centers of Disease Control and Prevention (CDC), National Federation of State High School Associations (NFHS), Arthritis Foundation 2020, and others.
Reasons to buy report
North America cartilage degeneration market segmentation
By Procedure Type
By Application
By End User
By Country
Company Profiles
The List of Companies - North America Cartilage Degeneration Market