Cartilage Repair Market Key Highlights:
- Market Size (2024): USD 1,479 Million
- Projected Market Size (2034): USD 2,802 Million
- CAGR (2024-2034): 6.6%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Cartilage Repair Market Definition
The cartilage repair market deals with the repair of, flexible connective tissue and damaged cartilage that enable smooth movements and cushion the joints. Some key examples of cartilage repair applications are osteochondral graft transplantation, arthroscopic chondroplasty, and autologous chondrocyte implantation. The market is expected to grow due to the growing prevalence of diabetes and obesity, along with the requirement for effective cartilage repair solutions.
- In October 2024, The FDA approved Vericel Corporation’s MACI for repairing cartilage defects in the knee. According to the company, MACI uses a patient’s own cells cultured on a porcine collagen membrane.
Cartilage repair surgeries offer longer lasting and better results than knee replacement surgeries. However, the cost of these therapies is very high which can act as a major constraint to market expansion. Moreover, supply chain disruption and less availability of skilled professionals can impede market growth further. Despite this, increasing adoption of minimally invasive surgeries can create opportunities in the market shortly.
- In May 2024, Altach Biomedical Ltd, a healthcare company, announced that they had received an investment of USD 1.4 million to address the urgent requirement for enhanced treatments for articular cartilage injuries.
Cartilage Repair Market Segmentation:
By Application
- Hyaline Cartilage
- Fibrocartilage
By Site
- Knee
- Hip
- Ankle and Foot
- Others
By End User
- Hospitals
- Clinics
- Ambulatory Surgery Centers
Cartilage Repair Market Companies:
- Johnson & Johnson Services, Inc.
- Smith & Nephew plc
- Zimmer Biomet
- CONMED Corporation
- Stryker
- Collagen Solutions (US) LLC
- Arthrex, Inc.
- Anika Therapeutics, Inc.
- B. Braun SE
- Vericel Corporation
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