Cartilage Repair/Regeneration Market : Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Global Cartilage Repair/Regeneration Market By Modality (Non Cell Based, Cell Based), By Application (Fibrocartilage, Hyaline Cartilage), By Treatment Type (Intrinsic Repair Stimulus, Palliative Treatment) and Geography

 

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Report

Description

The global cartilage repair/regeneration market is projected to reach USD 1,810 million by 2027 from USD 774 million in 2020, at a CAGR of 15.5% during the forecast period 2021 to 2027. Cartilage is a colossally strong and fibrous flexible tissue which is present at many in major parts of the body serving many purposes. The hyaline cartilage which is present at a joint referred to the articular cartilage. In case of injury, ageing or diseases such as rheumatoid arthritis, osteoarthritis causes painful friction or injury to the cartilage. Because of not having blood vessels, cartilage does not heal itself well. So there is a need for the treatment options to aid the regeneration or repair the cartilage. Elective procedures are being denied (cancelled/postponed) in order to allocate or redirect scarce capacities and resources (such as hospital beds and patient care staff) to COVID-19 patient care. Moreover, to combat the increased number of positive COVID-19 cases, several countries have implemented lockdowns and curfews. Patients are unable to visit hospitals, outpatient clinics, or clinics due to the lockdowns. During the anticipated period, this temporary denial of wound care services, cancer care surgeries/therapies, and other healthcare services is expected to hamper the growth of the cartilage repair/regeneration market. The number of firms working on the development of cartilage regeneration products has expanded dramatically in recent years as a result of expanding government investments in regenerative medicine for cartilage regeneration research. The number of clinical trials and the development of novel technologies for cartilage regeneration has increased as a result of these considerations. Major competitors in this market are investing heavily in R&D, resulting in a robust pipeline of products based on diverse cartilage restoration techniques.

Cartilage Repair/Regeneration Market

MARKET SUMMARY
-
15.5% CAGR
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR– 15.5%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Cartilage Repair/Regeneration Market

  • The report on global Cartilage Repair/Regeneration Market gives historical, current, and future market sizes (US$ Mn) on the basis of modality, application, treatment type and geography.
  • Cartilage Repair/Regeneration Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
Key Players
  • Braun Melsungen
  • DePuy Synthes (Johnson& Johnson Services Inc)
  • Stryker Corporation
  • Zimmer Biomet
  • Arthrex Inc.
Dynamics

Cartilage Repair/Regeneration Market

Global cartilage repair/regeneration market primarily driven by the rise in the prevalence of bone and joint disorders such as osteoporosis, arthritis and ageing population worldwide. Furthermore, lifestyle changes, increase in prevalence of diabetes and number of road accidents projected to boost the market growth over the forecast period. Moreover, advent of the new cell based technologies and extensive use micro fracture techniques aiding the surgical procedures expected to bolster the market revenue in near future. However, high cost of the procedures, drugs are expected to hamper the market growth over the forecast period.


North-America got significant share

Cartilage Repair/Regeneration Market

Geographically, cartilage repair/regeneration market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America cartilage repair/ regeneration market expected to grow at notable growth rate owing to rise in prevalence of musculoskeletal disorder, obesity, especially in Canada and U.S. Asia Pacific cartilage repair/regeneration market expected to have the lucrative market growth over the forecast period owing to the presence large pool of patients suffering with diabetes, change in lifestyles and developing healthcare infrastructure. For instance, International Diabetes Federation has reported about 109.6 million cases in China, nearly 7.2 million cases in Japan and 1millian in Australia. Europe cartilage repair/regeneration market expected to have the significant growth rate owing to rise in prevalence of osteoporosis and other bone related diseases, ageing population and advancements in healthcare technologies. According to National Health Services (NHS) Report osteoporosis affects about 3 million people every year.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market.

Cartilage Repair/Regeneration Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • Braun Melsungen AG (Germany)
  • DePuy Synthes (Johnson& Johnson Services Inc.) (U.S.)
  • Stryker Corporation (U.S.)
  • Zimmer Biomet (U.S.)
  • Arthrex Inc. (Germany)
  • Collagen Solutions (U.K)
  • Osiris Therapeutics Inc. (U.S.)

Description

The global cartilage repair/regeneration market is projected to reach USD 1,810 million by 2027 from USD 774 million in 2020, at a CAGR of 15.5% during the forecast period 2021 to 2027. Cartilage is a colossally strong and fibrous flexible tissue which is present at many in major parts of the body serving many purposes. The hyaline cartilage which is present at a joint referred to the articular cartilage. In case of injury, ageing or diseases such as rheumatoid arthritis, osteoarthritis causes painful friction or injury to the cartilage. Because of not having blood vessels, cartilage does not heal itself well. So there is a need for the treatment options to aid the regeneration or repair the cartilage. Elective procedures are being denied (cancelled/postponed) in order to allocate or redirect scarce capacities and resources (such as hospital beds and patient care staff) to COVID-19 patient care. Moreover, to combat the increased number of positive COVID-19 cases, several countries have implemented lockdowns and curfews. Patients are unable to visit hospitals, outpatient clinics, or clinics due to the lockdowns. During the anticipated period, this temporary denial of wound care services, cancer care surgeries/therapies, and other healthcare services is expected to hamper the growth of the cartilage repair/regeneration market. The number of firms working on the development of cartilage regeneration products has expanded dramatically in recent years as a result of expanding government investments in regenerative medicine for cartilage regeneration research. The number of clinical trials and the development of novel technologies for cartilage regeneration has increased as a result of these considerations. Major competitors in this market are investing heavily in R&D, resulting in a robust pipeline of products based on diverse cartilage restoration techniques.

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