Middle East And Africa Cartilage Regeneration Market By Type Of Treatment, By Application And By Region – Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021).
According to the report Cartilage Regeneration, published by Market Data Forecast, the Middle East and Africa market is projected to reach USD 77.65 billion by 2021, at a CAGR of 8.9% from 2016 to 2021.
Cartilage is made of specialized cells like chondrocytes which produce an extracellular mix, rich in elastin fibres and proteoglycan. It is thin and has no blood flow, is resistive and flexible to compressive forces.
Cartilage is a vital type of type of connective tissue that holds bones together.Cartilage tissue is vital because of the stability and flexibility of movement it provides.
Hyaline cartilage is the most often found cartilage in the human body. Cartilage is found in many parts of the body such as joints, nose, ear, the rib cage, throat and in between the back-bones.
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Middle East and Africa Cartilage Regeneration: Drivers & Restraints
The growth of the Middle East and Africa Cartilage Regeneration Market is driven by factors such as rising incidence of joint and bone disorders such as osteoarthritis, which is a result of damage or wear and tear of connective tissues and the increasing geriatric population with related connective tissue ailments. Furthermore, growth in the obese population and rising frequency of sports injuries & road accidents are set to propel market growth in the future.
However, unfavourable reimbursement policies and the high price of therapy are the major constraints of market growth.
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Middle East and Africa Cartilage Regeneration: Segmentation
By Type of Treatment
• Cell Based Approaches
o Stem Cells
o Growth Factor Technology
o Chondrocyte Transplantation
• Non-Cell Based Approaches
o Cell Free Composites
o Tissue Scaffolds
• Hyaline Cartilage Regeneration
• Fibrocartilage Regeneration
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Middle East and Africa Cartilage Regeneration: Overview
Factors like rising incidence of joint and bone disorders and rising geriatric population are affecting the growth of this market positively. However, other factors such as unfavourable reimbursement policies are restraining the growth of this market.
Among all the segments based on treatment modalities, cell based approaches segment accounted for the largest share. Treatment modality segment is expected to grow at the fastest rate, owing to factors such as long-term benefits which are obtained by this mode of treatment.
Middle East and Africa Cartilage Regeneration: Region-wise Outlook
The market for Cartilage Regeneration in Middle East and Africa region is divided based on geography broadly into Middle East and Africa regions. The high incidence of accidents involving cartilage damage is leading to increasing demand for cartilage regeneration, which is expected to propel the market growth in the future.
Currently, the Middle-East and Africa market faces less growth due to low awareness about these techniques among the people which is further amplified by low infrastructural investments in this sector.
Key Questions Answered
• What is the current and future Cartilage Regeneration outlook in Middle East and Africa market? What trends are affecting the Middle East and Africa market?
• What is the competitive landscape and market share of major players in the Cartilage Regeneration space in Middle East and Africa market?
• What are the key, high growth markets that Cartilage Regeneration manufacturers should expand into? Which market segments are growing the fastest?
• What are the unmet needs with the Cartilage Regeneration currently on the market? How will emerging technologies fulfil these unmet needs?
• What is physician perception and market outlook of Cartilage Regeneration?
• What are the challenges and barriers that have hindered widespread adoption of Cartilage Regeneration?
Middle East and Africa Cartilage Regeneration: Key Players
Some of the major companies dominating Middle East and Africa Cartilage Regeneration Market are Zimmer Biomet Holdings, Inc. (U.S.), Vericel Corporation (U.S.), Smith & Nephew plc (U.K.), Osiris Therapeutics, Inc. (U.S.), and Arthrex Inc. (U.S.).
Reasons to access Middle East and Africa Cartilage Regeneration Report:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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