Knee Cartilage Repair Market | 2031 Insights | Recent updates
The Knee Cartilage Repair Market is expected to register a CAGR of 5% from 2024 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The report is segmented by by Procedure Type (Arthroscopic Chondroplasty, Autologous Chondrocyte, Osteochondral Grafts Transplantation, Cell-based Cartilage Resurfacing, Implants Transplant, and Microfracture), Diagnosis (Magnetic Resonance Imaging (MRI) and Arthroscopy), End User (Hospitals, Specialty Hospitals and Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Knee Cartilage Repair Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Knee Cartilage Repair Market Segmentation
Procedure Type- Arthroscopic Chondroplasty
- Autologous Chondrocyte
- Osteochondral Grafts Transplantation
- Cell-based Cartilage Resurfacing
- Implants Transplant
- Microfracture
- Magnetic Resonance Imaging
- Arthroscopy
- Hospitals
- Specialty Hospitals
- North America
- Europe
- Asia-Pacific
- Middle East and Africa
- South and Central America
Strategic Insights
Knee Cartilage Repair Market Growth Drivers- Increasing Prevalence of Knee Osteoarthritis: The rising incidence of knee osteoarthritis (OA) is a major driver for the knee cartilage repair market. OA is one of the most common causes of joint pain, especially among older adults, leading to the degradation of knee cartilage. As the global population ages, the prevalence of OA and related knee injuries grows, driving demand for cartilage repair procedures. This is particularly relevant in developed countries where aging populations are more likely to require medical interventions to manage knee pain and preserve joint function.
- Technological Advancements in Cartilage Repair Techniques: Advances in medical technology are significantly influencing the knee cartilage repair market. New minimally invasive procedures, such as autologous chondrocyte implantation (ACI) and matrix-induced autologous chondrocyte implantation (MACI), offer better outcomes with reduced recovery times. Furthermore, innovations in regenerative medicine, such as stem cell therapy and tissue engineering, are enhancing the effectiveness of knee cartilage repair, offering patients improved chances of long-term joint function restoration. These advancements are fueling the growth of the market, making cartilage repair more accessible and efficient.
- Rising Demand for Active Lifestyles and Sports Medicine: With a growing focus on maintaining active lifestyles, particularly among the younger population and athletes, the demand for knee cartilage repair is expanding. Injuries sustained during sports activities, including tears and degradation of knee cartilage, are becoming more prevalent. As people increasingly engage in physical activities or competitive sports, the need for quick recovery and long-term joint health becomes more pronounced. This trend is further propelled by the expansion of sports medicine, which promotes early diagnosis and treatment of knee injuries, contributing to the market's growth.
- Integration of Regenerative Medicine (Stem Cells & Growth Factors): The future of knee cartilage repair will see increased use of regenerative medicine, including stem cell therapy and growth factor-based treatments. These therapies aim to stimulate the body’s natural healing processes, leading to more effective regeneration of damaged cartilage. The potential of these treatments to promote healing without invasive surgeries offers a promising trend, driving market growth as more patients seek alternative, less invasive options with shorter recovery times and fewer risks.
- Personalized Treatment Plans Using AI and Advanced Imaging: The incorporation of Artificial Intelligence (AI) and advanced imaging technologies like MRI and 3D printing is set to revolutionize knee cartilage repair. AI can help in accurately diagnosing cartilage damage and predicting treatment outcomes, allowing for personalized treatment plans. Advanced imaging techniques will facilitate better pre-surgical planning and post-surgical monitoring, improving the overall effectiveness of procedures and making cartilage repair more tailored to individual needs, which will drive adoption across the healthcare industry.
- Increased Focus on Non-Surgical and Minimally Invasive Procedures: There is a growing trend toward non-surgical and minimally invasive knee cartilage repair procedures. Techniques such as arthroscopic surgery, where small incisions are used, and injectable treatments that deliver biologics directly to the damaged tissue are gaining traction. These procedures promise less pain, reduced hospital stays, and quicker recovery times, making them increasingly popular among patients. The focus on less invasive treatments is expected to expand the market as patients look for quicker recovery options without the need for extensive surgical intervention.
- Expansion of Minimally Invasive Procedures: There is a growing opportunity in the knee cartilage repair market due to the rising demand for minimally invasive procedures. These methods, such as arthroscopic surgery, offer patients quicker recovery times, reduced pain, and fewer complications compared to traditional open surgeries. As healthcare providers and patients prioritize less invasive treatments, the market for innovative, non-surgical cartilage repair solutions such as injections, stem cell therapy, and tissue engineering is expected to expand.
- Growth in Regenerative Medicine: Regenerative medicine, including stem cell therapy and platelet-rich plasma (PRP) injections, presents a major growth opportunity for the knee cartilage repair market. These therapies aim to regenerate damaged cartilage, offering patients the possibility of avoiding joint replacement surgery. As research and development continue to progress in this field, the adoption of regenerative treatments is expected to increase, providing a significant market opportunity for companies focusing on these novel approaches to cartilage repair.
- Collaborations and Partnerships with Sports Organizations: Collaborating with sports organizations, medical centers, and research institutions offers an opportunity for companies in the knee cartilage repair market to expand their reach. By partnering with well-known sports entities and athletes, companies can raise awareness about the importance of early cartilage repair in sports injuries. This approach not only enhances brand visibility but also drives the adoption of advanced treatments tailored to athletes and active individuals.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Knee Cartilage Repair Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Knee Cartilage Repair Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
Have a question?
Mrinal
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
On the basis of end-user market is further broken down into specialty hospitals, ambulatory surgery centers, orthopedic clinics, and others. The specialty hospitals segment is expected to hold the largest knee repair market share in 2023.
Based on procedure type, the market is segmented as arthroscopic chondroplasty, autologous chondrocyte implantation, osteochondral grafts transplantation, cell-based cartilage resurfacing, implant transplants, and microfracture. The arthroscopic chondroplasty segment is expected to hold the largest knee repair market share in 2023.
The Knee Cartilage Repair Market is estimated to witness a CAGR of 5% from 2023 to 2031
The rising knee distortion in the elderly population is driving the knee cartilage repair market
Aesculap implant systems, LLC, DePuy Synthes (Johnson & Johnson), Zimmer Biomet,Smith & Nephew plc, Stryker, Vericel Corporation, Histogenics, Medipost, Conformis, and Bioventus are some of the key players influencing the Knee cartilage repair market.
North America is expected to hold the largest share in the global knee repair market.
Table of Contents
1. INTRODUCTION
1.1. SCOPE OF STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2. KEY TAKEAWAYS
3. KNEE CARTILAGE REPAIR MARKET LANDSCAPE
3.1. MARKET OVERVIEW
3.2. MARKET SEGMENTATION
3.2.1. Knee Cartilage Repair Market - By Procedure Type
3.2.2. Knee Cartilage Repair Market - By Diagnosis
3.2.3. Knee Cartilage Repair Market - By End User
3.2.4. Knee Cartilage Repair Market - By Region
3.2.4.1. By Country
3.3. PEST ANALYSIS
3.3.1. North America - PEST Analysis
3.3.2. Europe - PEST Analysis
3.3.3. Asia Pacific - PEST Analysis
3.3.4. Middle East and Africa - PEST Analysis
3.3.5. South and Central America- PEST Analysis
4. KNEE CARTILAGE REPAIR MARKET - KEY INDUSTRY DYNAMICS
4.1. KEY MARKET DRIVERS
4.2. KEY MARKET RESTRAINTS
4.3. KEY MARKET OPPORTUNITIES
4.4. FUTURE TRENDS
4.5. IMPACT ANALYSIS
5. KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS TO 2028 - BY PROCEDURE TYPE
5.1. OVERVIEW
5.2. PROCEDURE TYPE MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
5.3. ARTHROSCOPIC CHONDROPLASTY MARKET
5.3.1. Overview
5.3.2. Arthroscopic Chondroplasty Market Revenue Forecasts and Analysis (US$ Mn)
5.4. AUTOLOGOUS CHONDROCYTE MARKET
5.4.1. Overview
5.4.2. Autologous Chondrocyte Market Revenue Forecasts and Analysis (US$ Mn)
5.5. OSTEOCHONDRAL GRAFTS TRANSPLANTATION MARKET
5.5.1. Overview
5.5.2. Osteochondral Grafts Transplantation Market Revenue Forecasts and Analysis (US$ Mn)
5.6. CELL-BASED CARTILAGE RESURFACING MARKET
5.6.1. Overview
5.6.2. Cell-based Cartilage Resurfacing Market Revenue Forecasts and Analysis (US$ Mn)
5.7. IMPLANTS TRANSPLANTMARKET
5.7.1. Overview
5.7.2. Implants Transplant Market Revenue Forecasts and Analysis (US$ Mn)
5.8. MICROFRACTURE MARKET
5.8.1. Overview
5.8.2. Microfracture Market Revenue Forecasts and Analysis (US$ Mn)
6. KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS TO 2028 - BY DIAGNOSIS
6.1. OVERVIEW
6.2. DIAGNOSIS MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
6.3. MAGNETIC RESONANCE IMAGING (MRI) MARKET
6.3.1. Overview
6.3.2. Magnetic Resonance Imaging (MRI) Market Revenue Forecasts and Analysis (US$ Mn)
6.4. ARTHROSCOPYMARKET
6.4.1. Overview
6.4.2. Arthroscopy Market Revenue Forecasts and Analysis (US$ Mn)
7. KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS TO 2028 - BY END USER
7.1. OVERVIEW
7.2. END USER MARKET REVENUE AND FORECASTS ANALYSIS (US$ MN)
7.3. HOSPITALS MARKET
7.3.1. Overview
7.3.2. Hospitals Market Revenue Forecasts and Analysis (US$ Mn)
7.4. SPECIALTY HOSPITALS MARKET
7.4.1. Overview
7.4.2. Specialty Hospitals Market Revenue Forecasts and Analysis (US$ Mn)
7.5. OTHERS MARKET
7.5.1. Overview
7.5.2. Others Market Revenue Forecasts and Analysis (US$ Mn)
8. NORTH AMERICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
8.1. NORTH AMERICA KNEE CARTILAGE REPAIR MARKET OVERVIEW
8.2. NORTH AMERICA KNEE CARTILAGE REPAIR MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
8.3. NORTH AMERICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY PROCEDURE TYPE (US$ MN)
8.4. NORTH AMERICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY DIAGNOSIS (US$ MN)
8.5. NORTH AMERICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
8.6. NORTH AMERICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
8.7. US MARKET OVERVIEW
8.7.1. US Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Procedure Type (US$ Mn)
8.7.2. US Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
8.7.3. US Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
8.8. CANADA MARKET OVERVIEW
8.8.1. Canada Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Procedure Type (US$ Mn)
8.8.2. Canada Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
8.8.3. Canada Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
8.9. MEXICO MARKET OVERVIEW
8.9.1. Mexico Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Procedure Type (US$ Mn)
8.9.2. Mexico Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
8.9.3. Mexico Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
9. EUROPE KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
9.1. EUROPE KNEE CARTILAGE REPAIR MARKET OVERVIEW
9.2. EUROPE KNEE CARTILAGE REPAIR MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
9.3. EUROPE KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY PROCEDURE TYPE (US$ MN)
9.4. EUROPE KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY DIAGNOSIS (US$ MN)
9.5. EUROPE KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
9.6. EUROPE KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
9.7. UK MARKET OVERVIEW
9.7.1. UK Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Procedure Type (US$ Mn)
9.7.2. UK Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
9.7.3. UK Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
9.8. GERMANY MARKET OVERVIEW
9.8.1. Germany Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Procedure Type (US$ Mn)
9.8.2. Germany Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
9.8.3. Germany Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
9.9. FRANCE MARKET OVERVIEW
9.9.1. France Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Procedure Type (US$ Mn)
9.9.2. France Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
9.9.3. France Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
10. ASIA PACIFIC KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
10.1. ASIA PACIFIC KNEE CARTILAGE REPAIR MARKET OVERVIEW
10.2. ASIA PACIFIC KNEE CARTILAGE REPAIR MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
10.3. ASIA PACIFIC KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY PROCEDURE TYPE (US$ MN)
10.4. ASIA PACIFIC KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY DIAGNOSIS (US$ MN)
10.5. ASIA PACIFIC KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
10.6. ASIA PACIFIC KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
10.7. CHINA MARKET OVERVIEW
10.7.1. China Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Procedure Type (US$ Mn)
10.7.2. China Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
10.7.3. China Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
10.8. JAPAN MARKET OVERVIEW
10.8.1. Japan Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Procedure Type (US$ Mn)
10.8.2. Japan Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
10.8.3. Japan Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
10.9. INDIA MARKET OVERVIEW
10.9.1. India Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Type (US$ Mn)
10.9.2. India Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
10.9.3. India Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11. MIDDLE EAST AND AFRICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
11.1. MIDDLE EAST AND AFRICA KNEE CARTILAGE REPAIR MARKET OVERVIEW
11.2. MIDDLE EAST AND AFRICA KNEE CARTILAGE REPAIR MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
11.3. MIDDLE EAST AND AFRICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY PROCEDURE TYPE (US$ MN)
11.4. MIDDLE EAST AND AFRICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY DIAGNOSIS (US$ MN)
11.5. MIDDLE EAST AND AFRICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
11.6. MIDDLE EAST AND AFRICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
11.7. UAE MARKET OVERVIEW
11.7.1. UAE Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Procedure Type (US$ Mn)
11.7.2. UAE Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
11.7.3. UAE Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11.8. SAUDI ARABIA MARKET OVERVIEW
11.8.1. Saudi Arabia Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Procedure Type (US$ Mn)
11.8.2. Saudi Arabia Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
11.8.3. Saudi Arabia Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
11.9. SOUTH AFRICA MARKET OVERVIEW
11.9.1. South Africa Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Procedure Type (US$ Mn)
11.9.2. South Africa Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
11.9.3. South Africa Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
12. SOUTH AND CENTRAL AMERICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS TO 2028 - COUNTRY ANALYSIS
12.1. SOUTH AND CENTRAL AMERICA KNEE CARTILAGE REPAIR MARKET OVERVIEW
12.2. SOUTH AND CENTRAL AMERICA KNEE CARTILAGE REPAIR MARKET REVENUE FORECASTS AND ANALYSIS (US$ MN)
12.3. SOUTH AND CENTRAL AMERICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY PROCEDURE TYPE (US$ MN)
12.4. SOUTH AND CENTRAL AMERICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY DIAGNOSIS (US$ MN)
12.5. SOUTH AND CENTRAL AMERICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY END USER (US$ MN)
12.6. SOUTH AND CENTRAL AMERICA KNEE CARTILAGE REPAIR MARKET REVENUE AND FORECASTS ANALYSIS - BY COUNTRY
12.7. BRAZIL MARKET OVERVIEW
12.7.1. Brazil Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Procedure Type (US$ Mn)
12.7.2. Brazil Knee Cartilage Repair Market Revenue Forecasts and Analysis - By Diagnosis (US$ Mn)
12.7.3. Brazil Knee Cartilage Repair Market Revenue Forecasts and Analysis - By End User (US$ Mn)
13. INDUSTRY LANDSCAPE
13.1. 1.1.ORGANIC GROWTH STRATEGIES
13.1.1. New Product Launches
13.1.2. Marketing & Promotional Activities
13.2. 1.2.INORGANIC GROWTH STRATEGIES
13.2.1. Partnerships, Collaborations, and Joint Ventures
13.2.2. Mergers & Acquisitions
14. KNEE CARTILAGE REPAIR MARKET, KEY COMPANY PROFILES
14.1. AESCULAP IMPLANT SYSTEMS, LLC (A B. BRAUN COMPANY)
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Financial Overview
14.1.4. Product Portfolio
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. DEPUY SYNTHES (JOHNSON & JOHNSON)
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Financial Overview
14.2.4. Product Portfolio
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. ZIMMER BIOMET
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Financial Overview
14.3.4. Type/Type Portfolio
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. SMITH & NEPHEW PLC
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Financial Overview
14.4.4. Product Portfolio
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. STRYKER
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Financial Overview
14.5.4. Product Portfolio
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. VERICEL CORPORATION
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Financial Overview
14.6.4. Product Portfolio
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. HISTOGENICS
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Financial Overview
14.7.4. Product Portfolio
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. MEDIPOST
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Financial Overview
14.8.4. Product Portfolio
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. OSIRIS THERAPEUTICS, INC.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Financial Overview
14.9.4. Product Portfolio
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. CONFORMIS
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Financial Overview
14.10.4. Product Portfolio
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
15.3. RESEARCH METHODOLOGY
The List of Companies
1. Aesculap Implant Systems, LLC (a B. Braun company)
2. DePuy Synthes (Johnson & Johnson)
3. Zimmer Biomet
4. Smith & Nephew plc
5. Stryker
6. Vericel Corporation
7. Histogenics
8. MEDIPOST
9. Osiris Therapeutics, Inc.
10. Conformis
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For