Cartilage Repair Market Trends, Business Strategies and Opportunities with Key Players Analysis 2024

The global cartilage repair market is witnessing considerable growth due to increasing geriatric population, increasing obesity, increasing healthcare expenditure, and growing sports related injuries. Moreover, increase in innovative product launches and growth of medical tourism leading to awareness about the cartilage treatment modalities across the globe is supporting the growth of the market. Based on the treatment modalities, cell-based approaches segment is expected to grow at the fastest rate during the forecast period, due to long term results of this treatment.

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The rapid growth in emerging economies and technological advancement in cartilage repair and regeneration products is expected to create opportunities for the manufacturers of cartilage repair products across the globe. However, the high cost of these products and lack of reimbursement for these treatments are the key factors hampering the growth of the global market.

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Obesity is a serious health concern in the U.S. The increasing prevalence of obesity is driving the growth of the cartilage repair market in the U.S. According to CDC, during 2011-2012, 35.1% of adult aged 20 years or above were obese. In addition, as published by the Organization for Economic Cooperation and Development (OECD) in the year 2014, the obesity rate in Germany increased from 11.5% in 1999 to 14.7% in 2009. This increase in obesity rate leads to increase in demand for liposuction procedures, which is further accelerating the market growth.

The key players operating in the global cartilage repair market are Zimmer Biomet Holdings, Inc., Johnson & Johnson, Vericel Corporation, Smith & Nephew PLC, Osiris Therapeutics, Inc., RTI Surgical, Conmed Linvatec, B. Braun Melsungen AG, Anika Therapeutics S. R. L.  and Arthrex, Inc.

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Anti-Microbial Coating for Medical Devices Market Share and Forecast Report 2024

The global anti-microbial coating for medical devices market is growing, due to increasing number of hospitals and surgical centers, increasing number of free trade agreements, and technological advancement, such as nanocomposite coating technology, novel coating technology and parylene technology. The metallic coating segment is expected to dominate the market and non-metallic segment is expected to grow at the faster rate during the forecasted period. The silver coating is expected to dominate the metallic coating segment of the global market, and anticipated to grow with the fastest rate during the projected period. In addition, the polymer coating segment is expected to dominate the non-metallic coating segment of the market. On the basis of device type, the catheter segment dominates the market; however, the implantable devices segment is expected to grow with the fastest rate during the forecast period.

The massive unexplored market of the anti-microbial coating for medical devices industry in the developing economies is creating abundant growth opportunities for the market. Various medical devices comes in contact with complex bodily fluids, such as blood and urine; these devices need to be sanitized with anti-microbial coating. Antimicrobial coating is used in medical devices to reduce the risk of infection and demolish microorganisms from medical devices. These coatings should be bio-compatible, bio-stable and non-toxic for various medical devices.

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Asia-Pacific is expected to be the fastest growing region in the market, due to increasing number of hospitals, improving healthcare infrastructure, and increasing geriatric population in the region. In addition, the Asia-Pacific market of anti-microbial coating for medical devices is growing, due to increasing demand for high quality medical devices, increasing geriatric population, and increasing number of endoscopic surgeries in the emerging countries, such as India and China.

Anti-Microbial Coating for Medical Devices Market Segmentation

By Type of Material

• Metallic Coating
  • Silver coating
  • Copper coating
  • Others metallic coating
• Non-metallic Coating
  • Organic coating
  • Polymeric coating

By Device Type

• Implantable Devices
• Surgical Instruments
• Catheters
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• Rest of the World

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Medical Carts Market Research Report with Growth Analysis, Key Players and Forecast to 2024

The global medical carts market is projected to witness significant growth during the forecast period; owing to the increasing number of technological advancements, and rising focus on improving patient safety and nursing efficiency. In terms of product, the market is categorized into mobile computing carts, wall-mounted workstations, medication carts, and medical storage columns, cabinets, and accessories.

Medical carts can either be powered or manually operated, that is non-powered, based upon the requirements of the healthcare facilities. Non-powered carts are projected to generate higher revenue in the coming years, globally. In the medical carts market, StyleView laptop cart by Ergotron Inc., and Vintage Series treatment cart and Avalo emergency cart by Capsa Healthcare Inc. are some product examples of powered and non-powered medical carts, respectively.

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North America is expected to be the largest contributor to the global medical carts market in the coming years, owing to the increasing patient base, increasing healthcare expenditure, and early adoption of latest technologies in the region. However, during the forecast period, the market in Asia-Pacific is expected to witness the highest growth and demand for these products. The major factors driving the market growth in the region are rapid economic growth, advancements in private and public hospitals, and rising healthcare reforms issued at various government levels including, state council and national health commission.

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Growth in the medical carts industry is affected by various macro- and micro-economic factors, such as rising need for point-of-care facilities, surge in healthcare industry, and rising number of healthcare reforms. Manufacturers are focusing on developing carts that are equipped with the United States Food and Drug Administration (USFDA) approved battery systems, and advanced technological features, such as wireless technology, in order to support the increasing need to perform multiple tasks in the healthcare institutions.

Some of the key players in the medical carts industry are Medline Industries Inc., Capsa Healthcare, Scott-Clark Medical, Extron Inc., InterMetro Industries Corporation, Detecto Scale, Armstrong Medical Inc., Midmark Corporation, The Harloff Company, Novum Medical Products, AFC Industries, Ergotron Inc., and ITD GmbH.

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