Collagen Meniscus Implant Market Insights

Collagen meniscus implant is majorly indicated in multiple conditions such as loss of meniscus tissue, meniscus tears requiring partial meniscectomy, traumatic or chronic post traumatic meniscus tear, and meniscus damage requiring greater than 25% removal of meniscus. Increasing demand for specialized orthopedic clinics for the treatment of meniscus tear in emerging and developed regions is expected to drive growth of the collagen meniscus implant market during the forecast period. For instance, according to a report published in the Journal of Orthopedic Science in 2018, around 35,000 meniscus surgeries are performed in Japan annually.

The global collagen meniscus implant market is estimated to be valued at US$ 389.5 million in 2019, and is expected to exhibit a CAGR of 4.7% during the forecast period (2019–2027).

Figure 1. Global Collagen Meniscus Implant Market Share (%), By Age Group, (2019 & 2027)

Collagen Meniscus Implant  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2019)

Increasing incidence of sport injuries is expected to drive global collagen meniscus implant market growth over the forecast period

Rising geriatric population and increasing incidence of sports injuries are major factors that are expected to drive growth of the collagen meniscus implant market over the forecast period. For instance, according to the Eurostat 2019 report, in 2018, nearly one fifth (19%) of the EU population of are of age 65 and above. Furthermore, according to the IDB definitions of sports, Summary of injury statistics for the years 2012-2014, in EU, annually 4.5 million people in the age group of 15 and above are treated in hospitals for sports injury.

Furthermore, key players are focused on adopting growth strategies such as acquisitions that is expected to drive the global collagen meniscus implant market growth over the forecast period. For instance, in September 2016, Stryker acquired Ivy Sports Medicine, LLC. Ivy Sports Medicine offers minimally invasive meniscal repair implants for orthopedic surgeons and patients, which is used in the meniscal injury treatment.

Global Collagen Meniscus Implant Market- Restraints

Defective products is expected to pose a serious safety risk to patients as well as cause significant financial damage to the companies. Moreover increasing number of product recalls is expected to hamper the market growth over the forecast period. For instance, in January 2018, the U.S. FDA recalled 155 collagen meniscus implant devices by Ivy Sports Medicine, claiming that the recalled products were shipped without the required temperature control and unfavorable packaging

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.

Figure 2: Global Collagen Meniscus Implant Market Share (%), By Region, (2019 & 2027)

Collagen Meniscus Implant  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2019)

Global Collagen Meniscus Implant Market- Competitive Landscape

Key players operating in the collagen meniscus implant market include Zimmer Biomet Holdings, Inc., RTI Surgical Holdings, Inc., Stryker Corporation, Orthonika, Active Implants LLC, and Biofixt.

Collagen meniscus implant is a biocompatible scaffold made up of Type I collagen matrix used. The collagen meniscus implant is used to reinforce and repair a meniscus defect, which is the segmental loss of meniscal tissue in the knee, followed by partial meniscectomy. The collagen meniscus implant is inserted in place of the native meniscus through a minimally invasive procedure. Collagen meniscus implant consist of porous cross-linked matrix scaffold that promotes the ingrowth of the body's own cells. The number of patients with meniscal lesions who are undergoing arthroscopic partial meniscectomy is rising significantly, owing to increasing participation of the population in sports.

Market Dynamics

Increasing incidences of meniscal tear, which may lead to arthritis is a major factor that is expected to drive the collagen meniscus implant market growth during the forecast period. According to the American Academy of Physical Medicine and Rehabilitation, July 2017, an estimated 850,000 knee meniscal injury cases are reported annually in the U.S., and around 10% to 20% of orthopedic surgeries involve surgical repair of the meniscus. Moreover, Availability novel implants and presence of key players is expected to propel the market growth over the forecast period. For instance, Active Implants LLC offers NUsurface Meniscus Implant. Moreover, in September 2019, Active Implants LLC received Breakthrough Device Designation from U.S. FDA for its NUsurface Meniscus implant

Key features of the study:

  • This report provides in-depth analysis of the global collagen meniscus implant market, market size (US$ Mn), and compound annual growth rate (CAGR %) over the forecast period (2019-2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new technology launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
  • It profiles leading players in the global collagen meniscus implant market based on the following parameters – company overview, financial performance, technology portfolio, geographical presence, distribution strategies, key developments, and strategies
  • Key players covered as a part of this study include Zimmer Biomet Holdings, Inc., RTI Surgical Holdings, Inc., Stryker Corporation, Orthonika, Active Implants LLC, and Biofixth
  • Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to future technology launches, government initiatives, technological upgradation, market expansion, and marketing tactics
  • The global collagen meniscus implant market report caters to various stakeholders in this market, including investors, technology manufacturers, distributors, and suppliers for global collagen meniscus implant market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:

  • Global Collagen Meniscus Implant Market, By Age Group:
    • Pediatric
    • Adult
  • Global Collagen Meniscus Implant Market, By End User:
    • Hospitals
    • Clinics
    • Ambulatory Surgical Center
  • Global Collagen Meniscus Implant Market, By Region:
    • North America
      • By Age Group:
        • Pediatric
        • Adult
      • By End User:
        • Hospitals
        • Clinics
        • Ambulatory Surgical Center
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Age Group:
        • Pediatric
        • Adult
      • By End User:
        • Hospitals
        • Clinics
        • Ambulatory Surgical Center
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Age Group:
        • Pediatric
        • Adult
      • By End User:
        • Hospitals
        • Clinics
        • Ambulatory Surgical Center
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • By Age Group:
        • Pediatric
        • Adult
      • By End User:
        • Hospitals
        • Clinics
        • Ambulatory Surgical Center
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • By Age Group:
        • Pediatric
        • Adult
      • By End User:
        • Hospitals
        • Clinics
        • Ambulatory Surgical Center
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Age Group:
        • Pediatric
        • Adult
      • By End User:
        • Hospitals
        • Clinics
        • Ambulatory Surgical Center
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
      • Zimmer Biomet Holdings, Inc.*
        • Company Overviews
        • Technology Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • RTI Surgical Holdings, Inc.
      • Stryker Corporation
      • Orthonika
      • Active Implants LLC
      • Biofixt

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Age Group
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • Key Developments
    • Technology Advancements
    • Historical Overview
    • Merger and Acquisition
    • Regulatory Scenario
    • PORTER’S Five Forces
    • PEST Analysis
  4. Global Collagen Meniscus Implant Market, By Age Group, 2016 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Pediatric
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Adult
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
  5. Global Collagen Meniscus Implant Market, By End User, 2016 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Million)
  6. Global Collagen Meniscus Implant Market, By Region, 2016 – 2027, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2016 – 2027
      • Regional Trends
    • North America
      • Market Size and Forecast, By Age Group, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Age Group, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Age Group, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Age Group, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • Market Size and Forecast, By Age Group, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Million)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Age Group, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Million)
      • Market Size and Forecast, By Country/Region, 2016 – 2027, (US$ Million)
        • North Africa
        • Central Africa
        • South Africa
  7. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • Zimmer Biomet Holdings, Inc.
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • RTI Surgical Holdings, Inc.
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Stryker Corporation
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Orthonika
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Active Implants LLC
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Biofixt
        • Company Overview
        • Technology Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

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