The knee joint is the biggest joint in the human body and is powered by two different knee cartilage forms: total proteolytic enzymes (T proteases) and proteolytic enzymes (PA), which are naturally produced within the body. Injuries to the knee joint usually result from the breakdown or deterioration of either one of these types of cartilages. While a significant number of injuries to the knee are minor, many are extremely painful and cause loss of motion and functionality. Knee cartilages are made up of a unique connective tissue, composed of a chain of proteins and sugars, along with many other connective tissues and polysaccharides. The knee joint together with the knee cap and bone is surrounded by a capsule of fat.
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In addition to the information presented in this report on the Knee Cartilage Repair market, it includes financial losses incurred as a result of COVID-19. It also explains how the most important business sectors in the market are coping with the epidemic and how to get out of it. This market report is a way to present accurate information on company profiles and competitiveness analyses in an orderly manner. It anticipates competition in the market for the planned period from 2021 to 2028. This market study also looks at industry channels and performance rates to help key players stay ahead of the competition.
A growing number of people participating in sports activities is increasing sports injuries among people which is augmenting the growth of the knee cartilage repair market. According to Johns Hopkins Medicine, in the U.S., about 30 million children and teens participate in some form of organized sports, and more than 3.5 million injuries each year, which cause some loss of time of participation, are experienced by the participants. Almost one-third of all injuries incurred in childhood are sports-related injuries. Thus the growing trend of sports and outdoor activities has drastically increased the chances of cartilage injuries which in turn is projected to foster the growth of the knee cartilage repair market. Moreover, the rise in the obese population has also increased the risk of knee cartilage injury which is further anticipated to augment the growth of the market.
North America is expected to lead the global knee cartilage repair market owing to the rapid increase in the obese population in the region. According to Organization for Economic Co-operation and Development (OECD), Obesity Update 2017 reported that the U.S. recorded the highest obese population in the world, with 38.2% obese people, and Mexico, the second-highest, with 32.4% obese people.
In February 2021, Locate Bio, an orthobiologics focused regenerative medicine company has announced that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Device designation to Chondro3, currently in development as a biomimetic graft for osteochondral lesions.
In June 2021, ROKIT Healthcare, in partnership with a Massachusetts-based U.S. hospital, has completed pre-clinical studies for cartilage regeneration using the 3D bioprinting technology and is in the process of clinical studies with patients of age-related osteoarthritis in Egypt.
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The major players covered in Knee Cartilage Repair Market:
DePuy (Johnson & Johnson), Sanofi Aventis, Biomet, Anika Therapeutics, Genzyme, Advanced Technologies and Regenerative Medicine, Smith and Nephew, CellGenix, BioTissue Technologies, Zimmer, and EMD Serono.
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Key Questions Answered in the report include
- Who are the global manufacturers of the Knee Cartilage Repair & what is their market share, value, volume, competitive landscape, SWOT analysis, and future development plans?
- What are the prime drivers, growth/decline factors, and challenges of the Knee Cartilage Repair?
- How is the Market expected to evolve in the forecasted period of 2021 – 2028?
- What are the consumption patterns across the various regions?
- How has Covid – 19 impacted the Market and has there been a change in the regulatory policy framework?
- Which are the key areas of applications and product types that may expect a huge demand during the forecast period 2021 – 2028?
- What are the key offerings and new strategies adopted by the players of the Knee Cartilage Repair?
What benefits does the CMI research study is going to provide?
• Latest industry influencing trends and development scenario
• To Seize powerful market opportunities
• Key decision in planning and to further expand market share
• Identify Key Business Segments, Market proposition & Gap Analysis
• Assisting in allocating marketing investments
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