May 8, 2020

Chondroplasty Market Growth And Key Opportunities

A recent report on Chondroplasty Market provides a detailed analysis on the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and latest growth trends accepted by key players that form a part of the competitive spectrum of this business.

"Global Chondroplasty Market is valued at USD 10.16 Billion in 2018 and expected to reach USD 16.53 Billion by 2025 with the CAGR of 7.2% over the forecast period."

Chondroplasty is a surgical procedure used to smooth damaged cartilage in the knee. The goal of the surgery is to lessen friction in the joint, allowing the knee to move freely and without pain. The knee joint is covered in articular cartilage, which is a smooth tissue that allows the joint to move without friction. Trauma and degenerative conditions can damage the cartilage and cause it to become rough. Studies have found that the majority of patients who undergo Chondroplasty are satisfied with the results of the procedure

Key Players for Global Chondroplasty Market Report–

Global Chondroplasty market Report covers prominent players are like B. Braun Melsungen AG, NuOrtho Surgical, Inc., Zimmer Biomet Holdings Inc., Smith & Nephew Plc., Nebula Inc., Gpcmedical, Osiris Therapeutics, Inc., Sklar Surgical Instruments, Stryker Corporation, and others.

North America is Expected to Dominate the Global Chondroplasty Market

North America is expected to dominate the global Chondroplasty market owing to growing sports culture and extensive use of medications and high expenditure on the healthcare. Additionally, the fastest uptake of latest instruments and surgical techniques within the U.S. is also supplementing the growth of Chondroplasty market in this region. Europe is the second largest market for Chondroplasty due to the high spending on healthcare, increase in the orthopedic procedures, growth in prevalence of obesity, and introduction of technologically advanced products in this region. The Health Survey for England 2017 estimates that 28.7% of adults in England are obese and a further 35.6% are overweight but not obese. Obesity is usually defined as having a body mass index (BMI) of 30 or above. BMI between 25 and 30 is assessed as overweight. Asia Pacific region is predicted to grow rapidly and China and India are likely to lead this market due to fast growing healthcare sector during the forecast period.

Key Benefits for Global Chondroplasty Market Report–

  • Global market report covers in depth historical and forecast analysis.
  • Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
  • Global market report helps to identify opportunities in market place.
  • Global market report covers extensive analysis of emerging trends and competitive landscape.

Global Chondroplasty Market Segmentation:–

By Type:

  • Radiofrequency ablation Chondroplasty
  • Abrasion chondroplasty
  • Atellar chondroplasty
  • Meniscal repair
  • Tissue removal
  • others

By Anatomy:

  • Knee
  • Shoulder
  • Hip
  • others

By Instruments:

  • Shavers
  • RF devices
  • Arthroscope
  • Others

By End-Users:

  • Hospitals & orthopedic clinics
  • Academic and research
  • Others

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