The market for collagen meniscus implants is anticipated to rise over the projected period as a result of factors including an aging population and an increase in sports injuries. For instance, the Eurostat 2019 report states that in 2018, 19% of the population of the EU was 65 years of age or older. In addition, 4.5 million persons in the EU receive medical treatment for sports injuries each year, according to the IDB definitions of sports, Summary of injury statistics for the years 2012–2014. These patients are 15 years of age and older.
The global Collagen Meniscus Implant Market is estimated to be valued at US$ 389.5 million in 2019, and is expected to exhibit a CAGR of 4.7% during the forecast period (2019–2027).
Prominent Players in the Collagen Meniscus Implant Industry:
1. Zimmer Biomet Holdings
Zimmer Biomet Holdings Company was founded in 1927 and its headquarter in Warsaw, Indiana, United States. The company operates in 25 countries.
2. RTI Surgical Holdings, Inc
RTI Surgical Holdings, Inc., was launch in 1998. And its headquarter - Alachua, Fla. United States. It operate over 100 country.
3. Stryker Corporation,
Stryker Corporation,was launch in 1941and it’s headquarter located in Kalamazoo, Michigan, United States. it operate over 100 country .
4. Orthonika
Orthonika, was launch in 2014 and it’s headquarter located in London, England, United Kingdom .it operate over 100+ country. Orthonika is a pre-clinical spin-out company from Imperial College London for travelers to search rental properties in countries throughout the world.
5. Active Implants LLC.
Active Implants LLC. founded in 2004, its headquarters located in Memphis, Tennessee. With businesses in over 35 countries.
6. Biofix
BioFix Fresh Co., LTD had been established from 2012 at Hochiminh city, in each country, aiming to solve the problem global water and sanitation crisis , its headquarter Bharuch GJ India . It operate over 36 country.
*Definition- Collagen meniscus implant is majorly indicated in multiple conditions such as loss of meniscus tissue, meniscus tears requiring partial meniscectomy, traumatic or chronic post traumatic meniscus tear, and meniscus damage requiring greater than 25% removal of meniscus.
