KEY FINDINGS The Asia Pacific cartilage repair market is estimated to project a CAGR of 16.84% during the forecast period, 2021-2028. The increasing need for sophisticated medical facilities, the growing prevalence of lifestyle diseases resulting in bone & joint ailments, and the rising R&D activities, are propelling the market growth.
MARKET INSIGHTS The Asia Pacific cartilage repair market growth assessment includes the analysis of Australia & New Zealand, China, Indonesia, Vietnam, Thailand, South Korea, India, Japan, and the rest of Asia Pacific.The implementation of policies and the commercialization of regenerative products like surgical sealants and tissue mesh has helped develop the market prospects of Japan.
The geriatric population is on the rise in the country, along with the growing incidences of cardiovascular diseases, musculoskeletal diseases, and trauma injuries.Also, the field of cartilage repair is undergoing development.
Such factors offer immense growth opportunities for the cartilage repair market. In Australia, the traumatic cases and the aging population are both on the rise. In the last 20 years between 1999 and 2019, the population aged 65 and above increased from 12.3% to 15.9%, according to the Australian Bureau of Statistics. In New Zealand, the most common form of arthritis is osteoarthritis. It is a condition that gradually breaks down the soft tissue in joints like fingers, knees, and hips. Moreover, the sports injuries have spiked in the age group of 10-14 years in the last ten years, according to the stats released by the Accident Compensation Corporation (ACC) in 2019. Such factors are set to promote market growth in these countries.
COMPETITIVE INSIGHTS Some of the prominent companies in the market include Stryker Corporation, Integra Lifesciences Corporation, Cryolife Inc, Johnson & Johnson, Medtronic PLC, etc.
Our report offerings include: • Explore key findings of the overall market • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges) • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions • Market Segmentation cater to a thorough assessment of key segments with their market estimations • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc. • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc. • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
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Elderly Care
Home Healthcare
Chronic Disease
World
APAC
Europe
North America
Elderly Population
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