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Cartilage Repair Market Size, Share, Industry Analysis Reports And Segment Forecasts,2016 - 2026

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Cartilage Repair Market Size, Share, Industry Analysis Reports And Segment Forecasts,2016 - 2026

A rise in the number of road accidents and injuries occurring due to sports activities across the globe resulting in bone and joint injuries is estimated to fuel the demand for cartilage repair products over the forecast period

 Market Size – USD 4.80 Billion in 2018, Market Growth – CAGR of 5.6%, Market Trends – Product Launches and Research for Advanced Technological progressions.

 The global cartilage repair market was valued at USD 4.80 billion in 2018 and is expected to reach USD 7.42 billion by 2026, at a CAGR 5.6% Cartilage repair and regeneration is treatment for an otherwise healthy knee, but not for knees affected by osteoarthritis, a condition that causes natural cartilage deterioration from aging. Specifically, in the knee, the articular cartilage at the end of the thigh bone can become damaged from sports or other injuries, or even some illnesses, resulting in progressive pain and loss of mobility.

 Compared with other body tissues, cartilage has a poor blood supply, and therefore limited potential to heal itself or to support donor cartilage. Cartilage, the slippery tissue on the ends of and between bones, provides cushioning and shock absorption. Cartilage is a connective tissue found in many parts of the body. Although it is a tough and flexible material, it is relatively easy to damage. Understanding the difference between cartilage damage in the knee and a sprain, or ligament damage, is not easy because the symptoms can be similar. The challenge of coming up with a better solution for cartilage regeneration is on the minds of many researchers.

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Key findings from the report

  • Mosaicplasty is only used for isolated areas of cartilage damage, generally limited to 10-20 millimeters in size; this technique is most commonly used in patients under the age of 50 who picked up damage from an accident
  • Treatment modality segment includes cell based and non-cell based. Cell based is further sub segmented into chondrocyte transplantation and growth factor technology. Cell based treatment modality dominated the cartilage repair market with a market share of 41.7%
  • About 14 million Americans have osteoarthritis of the knees severe enough to cause pain and inflammation, according to the Arthritis Foundation. Growing prevalence of knee severities are likely to propel the demand for cartilage repair market
  • The application segment comprises of hyaline cartilage, fibrocartilage and elastic cartilage. The hyaline segment is anticipated to register the largest market share and growing CAGR of 5.9%
  • New clinical trial is evaluating a next-generation approach to replacing damaged knee cartilage with healthy cartilage cultivated from a patient’s own cells
  • Asia-Pacific regional segment of the cartilage repair market is expected to register itself as highest growing segment during the forecasted period, at a CAGR of 6.5%; owing it to the qualitative as well as quantitative market potential offered in developing nations such as China & India
  • The trial is evaluating NOVOCART3D, a combination device and procedure that develops “replacement” cartilage from a patient’s own cartilage cells (chondrocytes). NOVOCART 3D builds on an established technique called autologous chondrocyte implantation
  • In 2017, stem cells were being used to grow new cartilage for arthritic hips in a technique being developed at Washington University School of Medicine in a partnership with Cytex therapeutics
  • North America held the largest market share in the cartilage repair market, due to, increasing prevalence of musculoskeletal diseases, presence of target population, and changing lifestyle of individuals in the U.S. and Canada

The key companies profiled in the market are:

Zimmer Biomet, Stryker Corporation, DePuy Synthes, Smith & Nephew, Vericel Corporation, Osiris Therapeutics Inc., B. Braun Melsungen AG, Anika Therapeutics, Arthrex, and Collagen Solutions Plc.

For the purpose of this study, the market is segmented on the basis of treatment modality, application, treatment type, end use and regions:

Treatment modality (Revenue in USD Million; 2016–2026)

  • Cell-Based
    • Chondrocyte Transplantation
    • Growth Factor Technology
  • Non-Cell-Based
    • Tissue Scaffolds
    • Cell-Free Composites
  • Other

Application (Revenue in USD Million; 2016–2026)

  • Hyaline
  • Fibrocartilage
  • Other

Treatment type (Revenue in USD Million; 2016–2026)

  • Palliative
    • Viscosupplementation
    • Debridement & Lavage
  • Intrinsic Repair Stimulus
  • Other

End use (Revenue in USD Million; 2016–2026)

  • Hospital
  • Clinics
  • Ambulatory Surgical Centers
  • Other

Browse Complete Report “Cartilage Repair Market” @ https://www.reportsanddata.com/report-detail/cartilage-repair-market

The report further segments the market on the basis of key regions of the world and offers an assessment of the production and manufacturing capacity, import and export, production and consumption patterns, supply and demand ratio, and the presence of key players in each region. The Cartilage Repair market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

In-depth regional analysis covers:

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • U.K.
  • France
  • BENELUX
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • South Korea
  • Rest of APAC
  • Latin America
  • Brazil
  • Rest of LATAM
  • Middle East & Africa
  • Saudi Arabia
  • A.E.
  • Rest of MEA

The report includes primary and subjective research with a comprehensive study examined and validated by industry professionals and experts. The report further provides insights into the opportunities and threats that the industry may witness in the upcoming years, throughout the forecast period. The report also provides an insight into the growth in revenue along with CAGR throughout the forecast period. It also provides insights into lucrative opportunities to enable the businesses to capitalize on the emerging trends of the market.

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Highlights of the TOC:

  1. Report Overview

1.1 Research Scope

1.2 Key Cartilage Repair market segments

1.3 Major players

1.4 Market analysis by product

1.5 Market analysis by application

1.6 Report timeline

  1. Global Growth Trends

2.1 Global Cartilage Repair market size

2.2 Latest Cartilage Repair market trends

2.3 Key growth trends

  1. Competitive Landscape

3.1 Global Cartilage Repair market key players

3.2 Global Cartilage Repair size by manufacturers

3.3 Products of major players

3.4 Entry barriers in the Cartilage Repair market

3.5 Mergers, acquisitions, joint ventures, and strategic alliances

About Reports and Data                              

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Thank you for reading our report. For additional information on customization of the report, connect with us and we will make sure you get a report tailored to meet your needs.

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