Global Cartilage Repair Market: Ongoing Trends, Growth Factors, Negative Factors, Opportunities, Untapped Markets, Strategies And Developments, Product Segments, And Forecast 2019 – 2028

  • TBI20654
  • May 28, 2022
  • Global
  • 200 pages
  • IFF Market Research
                                          

Global Cartilage Repair Market 2021: By Type (Hyaline Cartilage, Fibrocartilage, Others), By Modality (Chondroplasty & Microfracture, Autologous Chondrocyte Implantation, Osteochondral Allograft, Juvenile Allograft Fragments), By Application (Knee, Shoulder, Others (Elbow, Ear, Wrist, Ankle, Shoulder, Hip Joint, etc.), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, Others)

Global Cartilage Repair Market Insights, Opportunities, Trends, Applications, Market Size & Share, Growth and Forecast 2019 to 2028” is an upcoming report by Trusted Business Insights. The global cartilage repair market report has been segmented on the basis of type, modality, application, end user, and region.Request Covid - 19 Impact The Global Cartilage Repair market size was valued at USD $935.69 Million in 2020, USD $1088.21 Million in 2021, forecasted to reach USD $1265.59 Million in 2022, and is projected to reach USD $3827.42 Million by 2030, and is anticipated to expand at a CAGR of 16.3% over the forecast period from 2020 to 2030.

Cartilage Repair: Product Overview

Cartilage is an essential component of the body composed of firm tissues and is softer and flexible compared to a bone. Cartilage repair is helpful for an articular treatment in order to restore and renovate the surface of an articular joint such as hyaline cartilage. Articular cartilage is useful to cover bone endings, where they actually touch to form joints. Cartilage function is associated with providing a smooth, lubricated surface which helps in low frictions while the movement of the bones. It also helps proper alignment of joints of two bones such as elbows, knees, ankles, spines, etc. There are three types of cartilage namely hyaline, fibro, and elastic. Cartilage can be damaged due to various health issues or injuries such as osteoarthritis.

Global Cartilage Repair Market: Dynamics

Increasing number of patients with cartilage problems and suffering from chondral/ osteochondral injuries is a major factor expected to drive growth of the global cartilage repair market. In addition, cartilage repair treatment is recommended for patients suffering from cartilage damage caused by sports injuries, abnormalities congenital, and imbalanced hormones which can directly affect bones and joints and in turn lead to osteochondritis and dissections. The aforementioned are some of the major factors expected to drive growth of the global cartilage repair market. Moreover, increasing investments by healthcare professionals in research & development activities to develop innovative repair solutions for cartilage problems and increasing prevalence of cartilage-related issues are other major factors expected to drive growth of the global cartilage repair market. Furthermore, growing popularity of minimally invasive procedures is expected to drive growth of the target market in the near future. For instance, arthroscopy, a minimally invasive procedure, is used as a treatment for cartilage injury and is considered to be a safe procedure with the same method adopted in joint repair, depending on injuries such as microfracture and mosaicplasty, and implantation of autologous chondrocyte. Global Cartilage Repair Market: Segment Analysis

Insights by Modality Segment:

Among the modality segments, the osteochondral allograft segment is estimated to contribute significant share in terms of value in the market, due to rising awareness regarding various benefits associated with osteochondral allograft.

Insights by Application Segment:

Amid the application segments, the knee segment is estimated to record larger revenue share in the market, due to higher prevalence of knee cartilage issues among population with age above 60 and obese population.

Insights by End User Segment:

The hospital segment recorded the highest revenue share in 2018 in the market and is projected to continue to contribute the highest share in the next 10 years. This is attributable to higher number of patients admitted in hospitals globally, favorable reimbursement policies in certain countries, and availability of huge infrastructure to perform surgeries and keep patients in special post-surgery compartments or units for extra intensive care.

Global Cartilage Repair Market: Regional Analysis

The cartilage repair market in the North America is expected to account for a significant share in terms of value, owing to growing geriatric population and awareness of orthopedic surgery. For instance, as per a report by the Arthritis Foundation, around 14 Mn individuals in the US suffer from osteoarthritis of the knees, which leads to inflammation and severe pain. In addition, increasing number of patients with disorders such as orthopedic, musculoskeletal, neuromuscular and sports injuries among individuals in the US is a key factor that is expected to drive growth of the global cartilage repair market in the region. Moreover, increasing number of patients with knee cartilage disorders is another factor expected to drive growth of the global cartilage repair market during the next 10 years. The cartilage repair market in the Asia Pacific is projected to register lucrative CAGR in the global market, over the 10-year forecast period, due to increasing awareness and popularity of minimally invasive procedures and improvement in research & development activities. "PlumePort ActiV®, PlumePort® Passive, PlumePort® SEO, PlumePort® SE, PlumePort®, VisiClear® , ViroVac® , ClearView™, PlumeSafe®, Porta PlumeSafe®, PlumePen®, PlumePen®, PlumePen®, GoldVac®, ClearVac®, PenAdapt®, SnapEvac™, Buffalo Filter® are the brands covered in this Cartilage Repair report."

Below are the active patents related to Cartilage Repair Market.

Patent Number: US10022231B2 Articular cartilage repair Abstract An implant is configured for repair and regeneration of cartilage lesions. The implant includes a three-dimensional woven textile scaffold and a three-dimensional rigid, porous substrate. The scaffold is bonded to the substrate such that the substrate supports the scaffold. The substrate is configured to be inserted into bone tissue including cartilage lesions such that the substrate and the scaffold replace the bone tissue including the cartilage lesions. The substrate and scaffold are further configured such that after the substrate and the scaffold have replaced the bone tissue including the cartilage lesions, the substrate and scaffold promote growth and integration of new bone tissue into the implant. Type: Grant Filed: 2016-10-07 Date of Patent: 2018-07-17 Assignee : Cytex Therapeutics Inc Patent Number: US20110052705A1 Cartilage composition and process for producing the cartilage composition Abstract Disclosed is a method for regenerating articular cartilage in an animal comprising administering a therapeutically effective amount of a non-demineralized particulate articular cartilage having a distribution of particle sizes within the range of from about 60 microns to about 500 microns. Type: Grant Filed: 2010-11-05 Date of Patent: 2011-03-03 Assignee : Vivex Biologics Group Inc

Below are the leading companies profiled in this Cartilage Repair Market Report:

  • Arthrex, Inc.
  • B. Braun Melsungen AG
  • CONMED Corporation (US)
  • DePuy Synthes (US)
  • Johnson & Johnson
  • Osiris Therapeutics, Inc
  • RTI Surgical, Inc
  • Smith & Nephew plc (UK)
  • Stryker Corporation (US)
  • Vericel Corporation (US). (Total 16 companies)
  • Zimmer Biomet Holdings, Inc

Global Cartilage Repair Market Segmentation:

Segmentation by Type
  • Hyaline Cartilage
  • Fibrocartilage
  • Others
Segmentation by Modality
  • Chondroplasty & Microfracture
  • Autologous Chondrocyte Implantation
  • Osteochondral Allograft
  • Juvenile Allograft Fragments
Segmentation by Application
  • Knee
  • Shoulder
  • Others (Elbow, Ear, Wrist, Ankle, Shoulder, Hip Joint, etc.)
Segmentation by End User
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others

This research comprehensively answers the following 9 important questions:

  • Q.1. What are some of the most promising growth trends in the Cartilage Repair market worldwide?
  • Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  • Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  • Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Cartilage Repair market?
  • Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Cartilage Repair market?
  • Q.6.What are the emerging trends post COVID-19 reshuffle in this Cartilage Repair market and the what are reasons behind these trends and do they translate in global exploration?
  • Q.7. Who are the major global and regional players in the Cartilage Repair market? Which are the strategic initiatives key players are pursuing for business growth?
  • Q.8.Which are the competing products in Cartilage Repair market and how big of a threat do they pose for loss of market share by material or product substitution?
  • Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Cartilage Repair industry?

Chapter 1 Methodology and Scope
  • 1.1 Market definitions
  • 1.2 Base estimation & working
  • 1.2.1 North America
  • 1.2.2 Europe
  • 1.2.3 APAC
  • 1.2.4 LATAM
  • 1.2.5 MEA
  • 1.3 Forecast calculation
    • 1.3.1 COVID-19 impact calculations on industry forecast
  • 1.4 Data sources
    • 1.4.1 Primary
    • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources
  • Chapter 2 Executive Summary
  • 2.1 Cartilage Repair industry 360° synopsis, 2017 - 2028
| read more...

Request a sample

Fill below form to request a sample

Enquiry

Please fill this form to enquire before buying

Discount

You can request for discount regarding the report by using below form