SAN FRANCISCO, June 6, 2017 /PRNewswire/ --
The global cartilage repair/regeneration market is expectedto reach USD 6.7 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness lucrative growth over the forecast period, owing to increasing prevalence of bone & joint disorders,
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Increasing number of road accidents worldwide are causing bone and joint injuries, which is anticipated to fuel the demand for cartilage repair products over the forecast period. For instance, as per data published by the World Health Organization (WHO) in November 2016, approximately 1.25 million people die each year in road accidents worldwide, owing to the influence of alcohol & reckless driving, use of mobile phone, and other associated factors such as bad weather conditions & improper road construction.
Around 30.0 million children and adolescents participate in youth sports in the U.S each year. This increase in sports activity increases incidents of injuries in athletes, which in turn propels demand for cartilage repair products. According to research data by the American Orthopaedic Society for Sports Medicine, over 3.5 million athletes receive medical treatment due to sports injuries each year.
Browse full research report with TOC on "Cartilage Repair/Regeneration Market Analysis By Treatment Modality (Cell-Based, Non-Cell-Based), By Application (Hyaline Cartilage, Fibrocartilage), By Treatment Type (Palliative, Intrinsic Repair Stimulus), By Site (Knee Cartilage Repair), And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/cartilage-repair-regeneration-market
Further key findings from the report suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the global cartilage repair/regeneration market on the basis of treatment modality, application, treatment type, site, and region:
Read Our Blog: Cartilage repair - Transforming the future of orthopedics
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: +1-415-349-0058 Toll Free: +1-888-202-9519 Email: [email protected]
SOURCE Grand View Research, Inc.
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