Zimmer Biomet, B. Braun Melsungen AG, and Stryker rare Dominating the Europe Knee Cartilage Repair Market in 2020

Europe Knee Cartilage Repair Market is expected to grow with the CAGR of 7.1% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Europe knee cartilage repair market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Europe knee cartilage repair market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In May 2016, Zimmer Biomet acquired Cayenne Medical, Inc., which produces and markets technically advanced soft tissue repair and reconstruction solutions for knee, shoulder, and extremities. This acquisition helped Zimmer Biomet acquire products such as CrossFix meniscal repair system from Cayenne Medical, Inc. and expand its products portfolio.   

Zimmer Biomet is dominating player in Europe knee cartilage repair market. The other key players existing in the market includes Smith+Nephew, Stryker, JRI Orthopaedics, Regentis Biomaterials Ltd., Inc., B. Braun Melsungen AG, Vericel Corporation, CONMED Corporation,  BioTissue, Mathys AG Bettlach, DePuy Synthes (The Orthopedic franchise of Johnson & Johnson Services, Inc.), Meril Life Sciences Pvt. Ltd., Arthrex, Inc., Medacta International, and Waldemar Link GmbH & Co. KG among others.

Europe Knee Cartilage Repair MarketZimmer Biomet 

Zimmer Biomet is headquartered in Indiana, U.S. was founded in 1927. The company is focused in providing innovative solutions that supports orthopaedic surgeons and clinicians in alleviating pain and improving the quality of life for people around the world. The company has various product categories that are Knees, Hips, S.E.T., Dental, Spine and CMFT, Others, out of which is S.E.T. is market focused category.

  • In May 2016, Zimmer Biomet acquired Cayenne Medical, Inc., which produces and markets technically advanced soft tissue repair and reconstruction solutions for knee, shoulder, and extremities. This acquisition helped Zimmer Biomet acquire products such as CrossFix meniscal repair system from Cayenne Medical, Inc. and expand its products portfolio.

The company has presence across North America, Latin America, Asia-Pacific, Europe, Middle East and Africa.

B. Braun Melsungen AG

B. Braun Melsungen AG is headquartered in Hessen Germany and was founded in 1839. Thre company is focused in manufacturing and providing healthcare solutions, supplementary services and consulting. The product categories of the company include Orthopaedic Category out of which Orthopaedic Category is the market focused category.

The company has wide presence in North America, Latin America, Asia-Pacific, Europe and Middle East and Africa.

Stryker

Stryker is headquartered in Michigan, U.S., was founded in 1941. The company is focused in providing innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and spine that helps to improve patient and hospital outcomes. The company has various product categories that are Medical and Surgical Equipment, Orthopaedics, Neurotechnology, Services, Care Settings, out of which is Orthopaedics is market focused category.

  • In March, Stryker introduced a new visualization platform, 1688 AIM 4K Platform, designed to enhance orthopaedic surgery efficiency and patient experience. The platform has several features such as 4K resolution and fluorescence, auto-light technology, which automatically corrects the poor lighting in posterior compartments, and it is also self-adjusted based on anatomy. It helped the company to gain a customer base as it is conducive to the doctors.  

The company has wide presence in North America, Latin America, Asia-Pacific, Europe, Middle East and Africa.