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Latin America Cartilage Regeneration Market Research Report – Segmented By Type Of Treatment, Application & Country (Brazil, Mexico, Argentina, Chile and Rest of Latin America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 2516
Pages: 138

Latin America Cartilage Regeneration Market Size (2022 to 2027)

The size of the Latin America Cartilage Regeneration Market was valued at USD 91.94 million in 2022. It is further projected to be growing at a CAGR of 11.5% and worth USD 158.45 million by 2027.

The number of firms focusing on the development of cartilage regeneration products has increased significantly over the last several years, owing to the increasing government investments in regenerative medicine for cartilage regeneration research. The number of clinical trials and novel technologies for cartilage regeneration has increased due to these considerations. Furthermore, the rising number of burn and trauma injuries has boosted the demand for cartilage regeneration products. The Latin American cartilage regeneration market is also being propelled forward by favorable government programs raising awareness about cartilage procedures. Obesity rates in this region are rising at an alarming rate, causing havoc on the musculoskeletal system. The influence on the musculoskeletal system might lead to osteoarthritis, which will likely increase the requirement for cartilage repair procedures. Finally, the rise in the number of road accidents and sports-related injuries throughout the region, resulting in bone and joint injuries, is predicted to fuel demand for cartilage repair products and enable the Latin American cartilage regeneration market to grow.

The rapid increase in research funding and investments, rapid increase in obesity among the population, growing joint and bone disorders among people, advancements in cartilage regeneration, and cost-effectiveness of chondrocyte transplantation are the primary factors driving the Latin America market's growth in the coming years. In addition, technological developments and the development of novel therapeutic procedures are propelling the industry forward. Therefore, in the foreseeable future, technological advancements in cartilage regeneration and stem cell-based tissue engineering are expected to provide substantial growth opportunities for the cartilage regeneration market.

Due to their high prices, cartilage repair therapies are undervalued compared to knee replacement surgeries, resulting in a lower preference for these procedures. Reduced potentiality with age and disease and the development of fibrocartilage rather than hyaline cartilage at the site of damage are all concerns that affect the successful utilization of stem cells. In addition, because of the strict rules in place, many products in development never make it to the marketing clearance stage because they fail to meet the safety and efficacy requirements.

Due to ethical concerns and safety concerns, including immunological rejection, cancer, and teratoma formation. As a result, authorities have created tight regulations to regulate these operations.

This research report on the Latin American cartilage regeneration market has been segmented and sub-segmented into the following categories:

By Type Of Treatment: 

  • Cell-Based Approaches
    • Stem Cells
    • Growth Factor Technology
    • Chondrocyte Transplantation
  • Non-Cell-Based Approaches
    • Cell-Free Composites
    • Tissue Scaffolds

By Application: 

  • Hyaline Cartilage
  • Fibrocartilage

By Country: 

  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest of Latin America

Due to the increase in the aging population in Latin America, the cartilage regeneration market is booming. In addition, due to the ease with which the senior population can be identified with various illnesses, the need for cartilage repair is increasing throughout the region. Companies in the cartilage regeneration market are expanding their research and development efforts to bring new products to market. The new cartilage therapies allow advanced cell technologies to be used, which improves procedure outcomes. Industry participants in the cartilage regeneration market focus on forming partnerships and collaborations to develop advanced goods with higher procedural efficiency. Increased awareness of bone degeneration therapy is likely to create a significant market opportunity.

KEY MARKET PLAYERS:

A few of the noteworthy companies operating in the Latin American cartilage regeneration market profiled in the report 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.).

1.Introduction                                                                  

                1.1 Market Definition                                                    

                1.2 Study Deliverables                                                  

                1.3 Base Currency, Base Year and Forecast Periods                                                          

                1.4 General Study Assumptions                                                

  1. Research Methodology

                2.1 Introduction                                                               

                2.2 Research Phases                                                      

                                2.2.1 Secondary Research                                           

                                2.2.2 Primary Research                                 

                                2.2.3 Econometric Modelling                                      

                                2.2.4 Expert Validation                                  

                2.3 Analysis Design                                                         

                2.4 Study Timeline                                                          

  1. Overview

                3.1 Executive Summary                                                

                3.2 Key Inferences                                                         

                3.3 Epidemology                                                              

  1. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

                4.1 Market Drivers                                                          

                4.2 Market Restraints                                                    

                4.3 Key Challenges                                                         

                4.4 Current Opportunities in the Market                                                              

  1. Market Segmentation

                5.1 Type of Treatment                                                  

                                5.1.1 Introduction                                           

                                5.1.2 Cell Based Approaches                                      

                                                                5.1.2.1 Stem Cells            

                                                                5.1.2.2 Growth Factor Technology           

                                                                5.1.2.3 Chondrocyte Transplantation      

                                5.1.3 Non-Cell Based Approaches                                            

                                                                5.1.3.1 Cell Free Composites      

                                                                5.1.3.2 Tissue Scaffolds 

                                5.1.4  Y-o-Y Growth Analysis, By Type of Treatment                                        

                                5.1.5  Market Attractiveness Analysis, By Type of Treatment                                      

                                5.1.6  Market Share Analysis, By Type of Treatment                                        

                5.2 Application                                                 

                                5.2.1 Introduction                                           

                                5.2.2 Hyaline Cartilage Regeneration                                      

                                5.2.3 Fibrocartilage Regeneration                                            

                                5.2.4 Y-o-Y Growth Analysis, By Application                                         

                                5.2.5 Market Attractiveness Analysis, By Application                                       

                                5.2.6 Market Share Analysis, By Application                                        

  1. Geographical Analysis

                6.1 Introduction                                                               

                                6.1.1 Regional Trends                                    

                                6.1.2 Impact Analysis                                     

                                6.1.3 Y-o-Y Growth Analysis                                        

                                                6.1.3.1 By Geographical Area                     

                                                6.1.3.2 By Type of Treatment                     

                                                6.1.3.3 By Application                    

                                6.1.4  Market Attractiveness Analysis                                     

                                                6.1.4.1 By Geographical Area                     

                                                6.1.4.2 By Type of Treatment                     

                                                6.1.4.3 By Application                    

                                6.1.5  Market Share Analysis                                      

                                                6.1.5.1 By Geographical Area                     

                                                6.1.5.2 By Type of Treatment                     

                                                6.1.5.3 By Application                    

                6.2 Brazil                                                             

                6.3 Mexico                                                         

                6.4 Rest of Latin America                                                             

7.Strategic Analysis                                                                        

                7.1 PESTLE analysis                                                         

                                7.1.1 Political                                     

                                7.1.2 Economic                                 

                                7.1.3 Social                                         

                                7.1.4 Technological                                         

                                7.1.5 Legal                                          

                                7.1.6 Environmental                                       

                7.2 Porter’s Five analysis                                                              

                                7.2.1 Bargaining Power of Suppliers                                        

                                7.2.2 Bargaining Power of Consumers                                    

                                7.2.3 Threat of New Entrants                                     

                                7.2.4 Threat of Substitute Products and Services                                              

                                7.2.5 Competitive Rivalry within the Industry                                     

8.Market Leaders' Analysis                                                                         

                8.1 Zimmer Biomet Holdings                                                      

                                8.1.1 Overview                                 

                                8.1.2 Product Analysis                                   

                                8.1.3 Financial analysis                                  

                                8.1.4 Recent Developments                                       

                                8.1.5 SWOT analysis                                       

                                8.1.6 Analyst View                                          

                8.2 Vericel Corporation                                                 

                8.3 Smith & Nephew                                                     

                8.4 Osiris Therapeutics                                                  

                8.5 Arthrex                                                        

9.Competitive Landscape                                                                            

                9.1 Market share analysis                                                            

                9.2 Merger and Acquisition Analysis                                                       

                9.3 Agreements, collaborations and Joint Ventures                                                         

                9.4 New Product Launches                                                         

10.Market Outlook and Investment Opportunities                                                                          

Appendix                                                                           

  1. a) List of Tables
  2. b) List of Figures
  1. Latin America Cartilage Regeneration Market, By Type of Treatment, From 2022 - 2027 (USD Million)
  2. Latin America Cell Based Approaches Market By Region, From 2022 - 2027 (USD Million)
  3. Latin America Stem Cells Market By Region, From 2022 - 2027 (USD Million)
  4. Latin America Growth Factor Technology Market By Region, From 2022 - 2027 (USD Million)
  5. Latin America Chondrocyte Transplantation Market By Region, From 2022 - 2027 (USD Million)
  6. Latin America Non-Cell Based Approaches Market By Region, From 2022 - 2027 (USD Million)
  7. Latin America Cell Free Composites Market By Region, From 2022 - 2027 (USD Million)
  8. Latin America Tissue Scaffolds Market By Region, From 2022 - 2027 (USD Million)
  9. Latin America Cartilage Regeneration Market, By Application, From 2022 - 2027 (USD Million)
  10. Latin America Hyaline Cartilage Regeneration Market By Region, From 2022 - 2027 (USD Million)
  11. Latin America Fibrocartilage Regeneration Market By Region, From 2022 - 2027 (USD Million)
  12. Brazil Cartilage Regeneration Market, By Type of Treatment, From 2022 - 2027 (USD Million)
  13. Brazil Cartilage Regeneration Market, By Application, From 2022 - 2027 (USD Million)
  14. Argentina Cartilage Regeneration Market, By Type of Treatment, From 2022 - 2027 (USD Million)
  15. Argentina Cartilage Regeneration Market, By Application, From 2022 - 2027 (USD Million)
  16. Mexico Cartilage Regeneration Market, By Type of Treatment, From 2022 - 2027 (USD Million)
  17. Mexico Cartilage Regeneration Market, By Application, From 2022 - 2027 (USD Million)
  18. Rest of Latin America Cartilage Regeneration Market, By Type of Treatment, From 2022 - 2027 (USD Million)
  19. Rest of Latin America Cartilage Regeneration Market, By Application, From 2022 - 2027 (USD Million)

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