Pune, India -- (SBWIRE) -- 02/09/2018 -- The Global Chondroplasty Market is accounted for USD 8.85 billion in 2016 growing at a CAGR of 7.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: Global Chondroplasty Market

Chondroplasty is done in mild to moderate cartilage wear treatment. Arthroscopic chondroplasty treatment is completed with arthroscopy in which thin surgical instruments is inserted in small incisions around the knee.

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Major Market Drivers and Restraints:

- Increasing geriatric population
- Increasing number of surgeries for joint and orthopaedic defects
- Rising number of accidents & trauma cases
- Growing sports culture
- Rising awareness among patient

Market Segmentation: Global Chondroplasty Market

By type, global chondroplasty market is segmented into radiofrequency ablation chondroplasty, abrasion chondroplasty, atellar chondroplasty, meniscal repair, tissue removal and others.

On the basis of anatomy, global chondroplasty market is segmented into knee, shoulder, hip and others.

On the basis of equipment's, global chondroplasty market is segmented into shavers, rf devices, arthroscope and others.

On the basis of end user, global chondroplasty market is segmented into hospital, orthopedic clinics, academic & research institute and others.

On the basis of geography, global chondroplasty market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Competitive Analysis: Global Chondroplasty Market

The global chondroplasty market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of chondroplasty market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors: Global Chondroplasty Market

Some of the major players operating in global chondroplasty market are B. Braun Melsungen AG, NuOrtho Surgical, Inc., Zimmer Biomet Holdings Inc., Smith & Nephew plc, Nebula Inc., Gpcmedical, Osiris Therapeutics, Inc., Sklar Surgical Instruments, Stryker among others.

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