Cartilage Repair Market Size, Trends, Latest Insights, Analysis and Forecast 2023-2030

by arti on Mar 15, 2024 Health & Fitness 242 Views

The global cartilage repair market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period (2023-2030). Over the years, osteoarthritis has become more common around globe. According to the Arthroscopy, Sports Medicine, and Rehabilitation, cartilage injuries incidents were 11, at 0.08 per 1,000 GE. The surge in road accidents and sports-related injuries globally is set to contribute to the demand for cartilage repair products. According to the National Safety Council (NSC), in 2022 exercise equipment accounted for an estimated 445,642 injuries, the most in any sports and recreation category.

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As a result of the rising government investments in regenerative medicine for cartilage regeneration research, the number of companies focusing on the development of cartilage regeneration products has increased significantly over the last few years. As a result of these factors, major players in this market are making significant investments in R&D, resulting in a strong pipeline of products based on various approaches to cartilage repair. Further, the rising number of FDA approvals are also contributed to propel the adoption of cartilage repair. In March 2022, CartiHeal Ltd, developer of implants for the treatment of cartilage and osteochondral defects in arthritic and non-arthritic knee-joints, today announced that the U.S. Food and Drug Administration (FDA) has granted Premarket Approval (PMA) for its Agili-C™ implant. The implant is indicated for the treatment of an International Cartilage Repair Society (ICRS) grade III or above knee-joint surface lesion(s), with a total treatable area of 1-7cm2, without severe osteoarthritis (Kellgren-Lawrence grade 0-3).          

Market Coverage

•             The market number available for – 2022-2030

•             Base year- 2022

•             Forecast period- 2023-2030

•             Segment Covered- 

o             By Modality

o             By Application Site

o             By Application 

o             By End-user

•             Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

Competitive Landscape- including B. Braun Melsungen AG, CONMED Corp., Stryker Corp., Zimmer Biomet Holdings, Inc., and others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Cartilage Repair Market Report Segment

By Modality

  • Cell Based
  • Non-Cell Based

By Application Site

  • Ankle and Foot
  • Knee
  • Hip

By Application 

  • Hyaline Cartilage
  • Fibrocartilage

By End-user

  • Hospitals 
  • Ambulatory Surgical Centers

A full report of Cartilage Repair Market available @ https://www.omrglobal.com/industry-reports/cartilage-repair-market

 

Cartilage Repair Market Report Segment by Region

 

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

 

  • Anika Therapeutics, Inc.
  • Arthrex, Inc
  • Auxein Inc.,
  • CartiHeal Ltd.,
  • Japan MDM, Inc., 
  • JRI Orthopaedics Ltd.,
  • Medacta International
  • Medical Device Business Services, Inc.,
  • MEDIPOST Co., Ltd.
  • Meril Life Sciences Pvt. Ltd
  • Osiris Therapeutics, Inc.,

 

Reasons to Buying From us –

  1. We cover more than 15 major industries, further segmented into more than 90 sectors.
  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
  4. Our expert research analysts answer all your questions before and after purchasing your report.

 

About Orion Market Research


Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

 

 

Media Contact:

 

Contact Person: Mr. Anurag Tiwari

Email: anurag@omrglobal.com

Contact no: +91 780-304-0404

Company Name: Orion Market Research

 

 

 

Article source: https://article-realm.com/article/Health-Fitness/59874-Cartilage-Repair-Market-Size-Trends-Latest-Insights-Analysis-and-Forecast-2023-2030.html

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