COLLAGEN MENISCUS IMPLANT MARKET ANALYSIS

Regional Analysis

Global Collagen Meniscus Implant Market- Regional Analysis

Regional segmentation of the global collagen meniscus implant market comprises North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Among regions, North America is expected to witness a significant growth in the global collagen meniscus implant market over the forecast period, owing to presence of major key players in the U.S. such as RTI Surgical, Stryker Corporation, and Zimmer Biomet offering the collagen meniscus implant. Moreover, increasing number of orthopedic surgeries performed in the region is also expected to fuel growth of the market. For instance, according to the American Academy of Physical Medicine and Rehabilitation 2017, around 850,000 orthopedic surgery cases per year, 10% to 20% of orthopedic surgeries involve surgical repair of the meniscus in the U.S.

Moreover, Europe is expected to witness significant growth in the global collagen meniscus implant market over the forecast period, owing to presence of major companies in Europe such as Active Implants, Orthonika, RTI Surgical Holdings, Inc., and Biofixt.

Furthermore, Asia Pacific is expected to witness significant global Collagen Meniscus Implant Market growth, owing to rising number of meniscal injuries in the region. For instance, according to the study published in Elsevier Journal in July 2018, the meniscal repair surgery ratio in Asia Pacific region was around 19% in 2014, which increased to 24% by 2015.