LAMEA Meniscus Repair Systems Market Size, Share & Industry Trends Analysis Report By Product Type (All-inside, Inside-out, Outside-in and Meniscal Root Repair System), By Application, By End-use, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Meniscus Repair Systems Market would witness market growth of 9.4% CAGR during the forecast period (2022-2028).
The objective of a meniscus repair, as opposed to APM (arthroscopic partial meniscectomy), is to restore meniscus function and lower the risk of future knee OA. The likelihood of a successful meniscus repair depends on the tear's kind, size, and location, the meniscus tissue's quality, and any afflicted ligament problems. Typically, the tear must be longitudinal and entirely inside the peripheral vascularized zone for the operation to be advised (closest to the joint capsule).
The surgeon's own surgical preferences may also influence the choice to repair or replace the meniscus, the patient's characteristics and wishes (such as a return to sports), and the probability of good recovery (patient compliance, etc.). The most prevalent kind of arthritis in both developed and developing countries is osteoarthritis (OA). It is a chronic, progressive musculoskeletal condition that causes pain, restricted mobility, and stiffness due to the slow loss of cartilage in joints, which rubs against the bones.
Orthopedic braces and supports are becoming more popular in this area for the clinical management of a variety of orthopedic disorders, including osteoarthritis (OA), rheumatoid arthritis (RA), carpal tunnel syndrome, and osteoporotic fractures, because of their superior clinical efficacy and fast recovery time compared to conventional therapies like pain medications. Additionally, the UAE's healthcare industry has grown to accommodate the country's population's changing demands and its aspiration to develop into a major regional center for medical tourism. The UAE government has designated healthcare as a priority sector in its Vision 2040. Therefore, the nation will continue to be a desirable place to establish a regional distribution hub for healthcare services.
The Brazil market dominated the LAMEA Meniscus Repair Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $10.9 million by 2028. The Argentina market is experiencing a CAGR of 9.9% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 9.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Meniscus Repair Systems Market is Predict to reach $618.5 Million by 2028, at a CAGR of 5.7%
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
Market Segments Covered in the Report:
By Product Type
- Meniscal Root Repair System
- Radial Tear
- Flap Tear
- Horizontal Tear
- Complex Tear
- Ambulatory Surgical Centers
- Specialized Orthopedic Clinics
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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