Europe Cartilage Regeneration Market is estimated to be growing at a CAGR of 15.5%, to touch 216.59 million by 2021.
The Europe Cartilage Regeneration Market was worth USD 105.38 million in 2016 and is projected to be growing at a CAGR of 15.5%, to touch 216.59 million by 2021.
(EMAILWIRE.COM, September 19, 2017 ) The main function of cartilage is connecting bones together. It is found in the human body in areas like ear, nose, throat, rib cage and between the bones of the back. Cartilage tissue is vital because of the flexibility and stability of movement it provides. Hyaline Cartilage is the most widespread type of cartilage and makes up the embryonic skeleton.
The growth of the Europe Cartilage Regeneration Market is mainly driven by factors such as the increasing incidence of joint and bone disorders such as Osteoarthritis, which are a result of damage or wear and tear of connective tissues and the growing aging population with related connective tissue ailments. Furthermore, increase in the obese population and rising frequency of sports injuries & road accidents are set to boost market growth in the future. However, unfavourable reimbursement policies and the high cost of therapy are the major restraints of market growth.
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The Europe Cartilage Regeneration Market is segmented on the basis of the Type of Treatment, Application and Geography. Based on the Type of Treatment used, the Cartilage Regeneration market is divided into Cell Based Approaches and Non-Cell Based Approaches. The Cell based Approaches are further divided into Chondrocyte Transplantation, Stem Cells and Growth Factor Technology. Non-cell based approach is further classified into Tissue Scaffolds and Cell-free composites. Based on Application, the Cartilage Regeneration Market is segmented into Hyaline Cartilage Regeneration and Fibrocartilage Regeneration.
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The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. Europe holds the second position in terms of market share globally. There is potential for market growth due to the presence of some untapped markets coupled with the rising frequency of joint and bone related disorders. Rising elderly population with consequent cartilage ailments, apart from injuries and accidents, is a major contributor to market growth in this region.
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The significant players in the Europe 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.).
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
The growth of the Europe Cartilage Regeneration Market is mainly driven by factors such as the increasing incidence of joint and bone disorders such as Osteoarthritis, which are a result of damage or wear and tear of connective tissues and the growing aging population with related connective tissue ailments. Furthermore, increase in the obese population and rising frequency of sports injuries & road accidents are set to boost market growth in the future. However, unfavourable reimbursement policies and the high cost of therapy are the major restraints of market growth.
View full report @ http://www.marketdataforecast.com/market-reports/europe-cartilage-regeneration-market-2626/
The Europe Cartilage Regeneration Market is segmented on the basis of the Type of Treatment, Application and Geography. Based on the Type of Treatment used, the Cartilage Regeneration market is divided into Cell Based Approaches and Non-Cell Based Approaches. The Cell based Approaches are further divided into Chondrocyte Transplantation, Stem Cells and Growth Factor Technology. Non-cell based approach is further classified into Tissue Scaffolds and Cell-free composites. Based on Application, the Cartilage Regeneration Market is segmented into Hyaline Cartilage Regeneration and Fibrocartilage Regeneration.
Get free sample report @ http://www.marketdataforecast.com/market-reports/europe-cartilage-regeneration-market-2626/request-sample
The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. Europe holds the second position in terms of market share globally. There is potential for market growth due to the presence of some untapped markets coupled with the rising frequency of joint and bone related disorders. Rising elderly population with consequent cartilage ailments, apart from injuries and accidents, is a major contributor to market growth in this region.
Buy now @ http://www.marketdataforecast.com/cart
The significant players in the Europe 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.).
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results