The Europe Meniscus Repair Systems Market should witness market growth of 5.3% CAGR during the forecast period (2022-2028).
The demand for meniscus repair systems is anticipated to be influenced by the requirement for meniscus repair procedures to avoid osteoarthritis. The increased prevalence of conditions like arthritis and trauma among patients drives the market for meniscus repair devices. The injured knee meniscus is replaced or repaired during this procedure. The prevalence of sports injuries is rising along with the number of athletes.
Meniscus repair methods are becoming more popular as a consequence. Meniscus tears are quite common in young athletes. There is an increase in research and development to enhance treatments that support the market expansion for meniscus repair. Contrary to traditional orthopedic operations, technological improvements make meniscus repair more effective. As soon as the broken components are conveniently fixed or replaced, alleviation is felt immediately. In addition, the interpretation of medical data using artificial intelligence has made it easier for practitioners. AI algorithms and machine learning are effectively utilized to learn based on the patient's past history.
Falls and fractures were the most common and severe health issues faced by older adults in England. In addition, many European countries are seeing a sharp increase in their elderly populations. According to a 2018 Ageing Report published by the EU, the overall population of the EU is expected to rise from 511 million in 2016 to 520 million in 2070. However, the number of individuals of working age (defined as those between the ages of 15 and 64) will decrease, falling from 333 million in 2016 to 292 million in 2070. All of these elements contribute to the regional expansion of the growth of the European meniscus repair systems market.
The Germany market dominated the Europe Meniscus Repair Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $41.6 million by 2028. The UK market is anticipated to grow at a CAGR of 4.4% during (2022-2028). Additionally, The France market would exhibit a CAGR of 6.1% during (2022-2028).
Based on Product Type, the market is segmented into All-inside, Inside-out, Outside-in and Meniscal Root Repair System. Based on Application, the market is segmented into Radial Tear, Flap Tear, Horizontal Tear, Complex Tear and Others. Based on End-use, the market is segmented into Hospitals, Ambulatory Surgical Centers, Specialized Orthopedic Clinics and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson (DePuy Synthes), Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew PLC, ConMed Corporation, Agilent Technologies, Inc., Arcuro Medical Ltd. (Trendlines Group Ltd.), Arthrex, Inc., and Double Medical Technology Inc.
The demand for meniscus repair systems is anticipated to be influenced by the requirement for meniscus repair procedures to avoid osteoarthritis. The increased prevalence of conditions like arthritis and trauma among patients drives the market for meniscus repair devices. The injured knee meniscus is replaced or repaired during this procedure. The prevalence of sports injuries is rising along with the number of athletes.
Meniscus repair methods are becoming more popular as a consequence. Meniscus tears are quite common in young athletes. There is an increase in research and development to enhance treatments that support the market expansion for meniscus repair. Contrary to traditional orthopedic operations, technological improvements make meniscus repair more effective. As soon as the broken components are conveniently fixed or replaced, alleviation is felt immediately. In addition, the interpretation of medical data using artificial intelligence has made it easier for practitioners. AI algorithms and machine learning are effectively utilized to learn based on the patient's past history.
Falls and fractures were the most common and severe health issues faced by older adults in England. In addition, many European countries are seeing a sharp increase in their elderly populations. According to a 2018 Ageing Report published by the EU, the overall population of the EU is expected to rise from 511 million in 2016 to 520 million in 2070. However, the number of individuals of working age (defined as those between the ages of 15 and 64) will decrease, falling from 333 million in 2016 to 292 million in 2070. All of these elements contribute to the regional expansion of the growth of the European meniscus repair systems market.
The Germany market dominated the Europe Meniscus Repair Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $41.6 million by 2028. The UK market is anticipated to grow at a CAGR of 4.4% during (2022-2028). Additionally, The France market would exhibit a CAGR of 6.1% during (2022-2028).
Based on Product Type, the market is segmented into All-inside, Inside-out, Outside-in and Meniscal Root Repair System. Based on Application, the market is segmented into Radial Tear, Flap Tear, Horizontal Tear, Complex Tear and Others. Based on End-use, the market is segmented into Hospitals, Ambulatory Surgical Centers, Specialized Orthopedic Clinics and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson (DePuy Synthes), Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew PLC, ConMed Corporation, Agilent Technologies, Inc., Arcuro Medical Ltd. (Trendlines Group Ltd.), Arthrex, Inc., and Double Medical Technology Inc.
Scope of the Study
By Product Type
- All-inside
- Inside-out
- Outside-in
- Meniscal Root Repair System
By Application
- Radial Tear
- Flap Tear
- Horizontal Tear
- Complex Tear
- Others
By End-use
- Hospitals
- Ambulatory Surgical Centers
- Specialized Orthopedic Clinics
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Johnson & Johnson (DePuy Synthes)
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
- Smith & Nephew PLC
- ConMed Corporation
- Agilent Technologies, Inc.
- Arcuro Medical Ltd. (Trendlines Group Ltd.)
- Arthrex, Inc.
- Double Medical Technology Inc.
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- Exhaustive coverage
- The highest number of Market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Meniscus Repair Systems Market, by Product Type
1.4.2 Europe Meniscus Repair Systems Market, by Application
1.4.3 Europe Meniscus Repair Systems Market, by End-use
1.4.4 Europe Meniscus Repair Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Meniscus Repair Systems Market by Product Type
3.1 Europe All-inside Market by Country
3.2 Europe Inside-out Market by Country
3.3 Europe Outside-in Market by Country
3.4 Europe Meniscal Root Repair System Market by Country
Chapter 4. Europe Meniscus Repair Systems Market by Application
4.1 Europe Radial Tear Market by Country
4.2 Europe Flap Tear Market by Country
4.3 Europe Horizontal Tear Market by Country
4.4 Europe Complex Tear Market by Country
4.5 Europe Others Market by Country
Chapter 5. Europe Meniscus Repair Systems Market by End-use
5.1 Europe Hospitals Market by Country
5.2 Europe Ambulatory Surgical Centers Market by Country
5.3 Europe Specialized Orthopedic Clinics Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Meniscus Repair Systems Market by Country
6.1 Germany Meniscus Repair Systems Market
6.1.1 Germany Meniscus Repair Systems Market by Product Type
6.1.2 Germany Meniscus Repair Systems Market by Application
6.1.3 Germany Meniscus Repair Systems Market by End-use
6.2 UK Meniscus Repair Systems Market
6.2.1 UK Meniscus Repair Systems Market by Product Type
6.2.2 UK Meniscus Repair Systems Market by Application
6.2.3 UK Meniscus Repair Systems Market by End-use
6.3 France Meniscus Repair Systems Market
6.3.1 France Meniscus Repair Systems Market by Product Type
6.3.2 France Meniscus Repair Systems Market by Application
6.3.3 France Meniscus Repair Systems Market by End-use
6.4 Russia Meniscus Repair Systems Market
6.4.1 Russia Meniscus Repair Systems Market by Product Type
6.4.2 Russia Meniscus Repair Systems Market by Application
6.4.3 Russia Meniscus Repair Systems Market by End-use
6.5 Spain Meniscus Repair Systems Market
6.5.1 Spain Meniscus Repair Systems Market by Product Type
6.5.2 Spain Meniscus Repair Systems Market by Application
6.5.3 Spain Meniscus Repair Systems Market by End-use
6.6 Italy Meniscus Repair Systems Market
6.6.1 Italy Meniscus Repair Systems Market by Product Type
6.6.2 Italy Meniscus Repair Systems Market by Application
6.6.3 Italy Meniscus Repair Systems Market by End-use
6.7 Rest of Europe Meniscus Repair Systems Market
6.7.1 Rest of Europe Meniscus Repair Systems Market by Product Type
6.7.2 Rest of Europe Meniscus Repair Systems Market by Application
6.7.3 Rest of Europe Meniscus Repair Systems Market by End-use
Chapter 7. Company Profiles
7.1 Johnson & Johnson (DePuy Synthes)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental &Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.2 Stryker Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Zimmer Biomet Holdings, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.4 Smith & Nephew PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional and Segmental Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.5 ConMed Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.6 Agilent Technologies, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Arcuro Medical Ltd. (Trendlines Group Ltd.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Research & Development Expenses
7.8 Arthrex, Inc.
7.8.1 Company Overview
7.9 Double Medical Technology Inc.
7.9.1 Company Overview
Companies Mentioned
- Johnson & Johnson (DePuy Synthes)
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
- Smith & Nephew PLC
- ConMed Corporation
- Agilent Technologies, Inc.
- Arcuro Medical Ltd. (Trendlines Group Ltd.)
- Arthrex, Inc.
- Double Medical Technology Inc.
Methodology
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