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(IT-NEWSWIRE.COM, December 04, 2018 ) Increase in obese population and rising incidence of sports injuries are the major factors driving the growth of this market. However, high cost of therapy and unfavorable reimbursement scenario are the major factors that are restraining the growth of the cartilage regeneration market.
Browse 63 market data tables and 22 figures spread through 102 pages and in-depth TOC on “Cartilage Regeneration Market".
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The cartilage regeneration market is segmented on the basis of treatment modalities, application, and region. Based on treatment modalities, the market is segmented into cell based approaches and non-cell based approaches. Cell based approaches are further segmented into chondrocyte transplantation, growth factor technology, and stem cells. Non-cell based approaches are segmented into tissue scaffolds and cell-free composites. The cell based approaches segment is expected to account for the largest market share in 2016.
This treatment modality segment is also expected to be the fastest growing segment in the cartilage regeneration market. This segment is projected to grow at CAGR of 14.1% during forecast period. The large share and high growth of this segment can be attributed to long-term results of these therapies in terms of cartilage repair which makes it most preferred therapy.
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