Cartilage Repair Market survey report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses on deciding upon several strategies. Furthermore, big sample sizes have been utilized for the data collection in this business report which suits the necessities of small, medium as well as large size of businesses. The report explains the moves of top market players and brands that range from developments, products launches, acquisitions, mergers, joint ventures, trending innovation and business policies.
The large scale Cartilage Repair Market report is prepared by taking into account the market type, organization volume, accessibility on-premises, end-users’ organization type, and availability at global level in areas such as North America, South America, Europe, Asia-Pacific, Middle East and Africa. Extremely talented pool has invested a lot of time for doing market research analysis and to generate this market report. Cartilage Repair Market report is sure to help businesses for the long lasting accomplishments in terms of better decision making, revenue generation, prioritizing market goals and profitable business.
Data Bridge Market Research analyses that the cartilage repair market was valued at USD 927.63 million in 2021 and is further expected to reach USD 1570.16 million by 2029, and is likely to grow at a CAGR of 6.8% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Cartilage repair is a procedure that involves treating injured cartilage with a variety of techniques, including chondroplasty, autologous chondrocyte implantation, osteochondral allograft, and juvenile allograft fragments, in order to restore normal connective tissue functioning.
Cartilage Repair Market Dynamics
Drivers
- Rise in the Prevalence of Osteoarthritis
The prevalence of osteoarthritis is on the rise all across the world. According to a study undertaken by the University of North Carolina, around 1 million knee and hip replacement procedures are performed in the United States each year.
- Increase in the Research Funding and Investments
Major competitors in this market are investing heavily in research and development, resulting in a robust pipeline of products based on diverse cartilage restoration techniques.
- Rising Geriatric Population
The ageing population is more prone to the development of conditions such as incidence of osteoarthritis. According to the American Heart Association (AHA), by 2030, the worldwide senior population will account for roughly 20.0 percent of the overall population, which is prone to chronic diseases and is expected to be a major driver of cartilage repair treatments.
Additionally, the rise in the obese (overweight) population and growing number of road accidents and sports-related injuries around the world positively influence the growth of the cartilage repair market.
Some of the major players operating in the cartilage repair market are
- Vericel (US)
- Swedish Orphan Biovitrum AB (Sweden)
- MEDIPOST Co., Ltd. (South Korea)
- Zimmer Biomet (US)
- B. Braun Melsungen AG (Germany)
- Stryker Corporation (US)
- Smith & Nephew plc (UK)
- Medtronic (US)
- CONMED Corporation. (US)
- DePuy Synthes (US)
- Arthrex, Inc. (US)
- LifeNet Health (US)
- Anika Therapeutics (US)
- Takeda Pharmaceutical Company Limited. (Japan)
- LifeLike BioTissue (Canada)
Global Cartilage Repair Market Scope and Market Size
The cartilage repair market is segmented on the basis of type of cartilage, treatment modality, treatment type, application site, and surgical procedure. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type of Cartilage
- Fibrocartilage
- Hyaline cartilage
- Other
On the basis of type of cartilage, the cartilage repair market is segmented into fibrocartilage, hyaline cartilage and other.
Treatment Modality
- Cell-Based
- Non-Cell Based
On the basis of treatment modality, the cartilage repair market is segmented into cell-based and non-cell based. Cell based is further sub segmented into chondrocyte transplantation and growth factor technology. The non-cell-based is further sub segmented into tissue scaffolds and cell- free composites.
Treatment Type
- Palliative
- Intrinsic Repair Stimulus
On the basis of treatment type, the cartilage repair market is segmented into palliative and intrinsic repair stimulus. Palliative is further sub segmented into viscosupplementation and debridement and lavage.
Application Site
- Knee
- Spine
- Ankle
- Hip
- Others
On the basis of application, the cartilage repair market is segmented into knee, spine, ankle, hip and others.
Surgical Procedure
- Microfracture
- Debridement
- Abrasion Arthroplasty
- Autologous Chondrocyte Implantation
- Osteochondral Autograft Transplantation
- Osteochondral Allograft Transplantation
- Cell-Based Cartilage Resurfacing
- Others
On the basis of surgical procedure, the cartilage repair market is segmented into microfracture, debridement, abrasion arthroplasty, autologous chondrocyte implantation, osteochondral autograft transplantation, osteochondral allograft transplantation, cell-based cartilage resurfacing and others.
Key Coverage in the Cartilage Repair Market Report:
- Detailed analysis of Cartilage Repair Market by a thorough assessment of the technology, product type, application, and other key segments of the report
- Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
- Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
- Comprehensive analysis of the regions of the Cartilage Repair industry and their futuristic growth outlook
- Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Cartilage Repair Market Landscape
Part 04: Global Cartilage Repair Market Sizing
Part 05: Global Cartilage Repair Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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