Cartilage Repair Market Emerging Growth Factors,Opportunity,regional forecasts and Top Key Players like Conmed Corporation, Johnson & Johnson, Osiris Therapeutics, Inc., RTI Surgical, Inc.

According to a new report published by Allied Market Research, titled, "Cartilage Repair Market by Modality, Type, Application, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2025, the global market was valued at $713 million in 2017, and is projected to reach $2,195 million by 2025, growing at a CAGR of 15.0% from 2018 to 2025. North America is anticipated to be the highest revenue contributor throughout the forecast period.

The cartilage repair market is anticipated to grow considerably in the near future, owing to different factors such as increase in obesity & sedentary lifestyle among the population, rise in elderly population, and upsurge in prevalence of arthritis globally. However, high costs associated with cartilage repair procedures and unclear regulatory scenario are the key factors that are expected to impede the market growth.

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North America was the leading revenue contributor to the global market in 2017, owing to high adoption rate of cartilage repair products. However, Asia-Pacific is expected to grow at the highest CAGR of 16.5% from 2018 to 2025, due to increase in disposable income; surge in research, development, & innovation activities; and rise in awareness towards cartilage repair products.

Key Findings of the Cartilage Repair Market:

• Hyaline cartilage occupied nearly two-thirds share of in the cartilage repair market in 2017.

• Knee application is anticipated to grow with the highest CAGR throughout the forecast period.

• North America accounted for more than one-third share of the global cartilage repair market in 2017.

• Asia-Pacific is anticipated to grow at the highest rate during the analysis period, followed by LAMEA.

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Cartilage repair is a process that encompasses treatment of the damaged cartilage through different modalities such as chondroplasty, autologous chondrocyte implantation, osteochondral allograft, and juvenile allograft fragments to restore normal functions of the connective tissue.

Among end users, hospitals & clinics generated the highest revenue in 2017, due to different factors such as availability of different treatment options (chondroplasty, osteochondral autograft transplantation, and others) under one roof, palliative care, and diagnosis. By region, North America was the highest revenue contributor in the global market in 2017.

Key players in the market:

•Arthrex Inc.
• B. Braun Melsungen AG
• Conmed Corporation
• Johnson & Johnson
• Osiris Therapeutics Inc.
• RTI Surgical Inc.
• Smith & Nephew PLC
• Stryker Corporation
• Vericel Corporation
• Zimmer Biomet Holdings Inc.

Analyst Review:

Cartilage repair is executed through modalities such as chondroplasty & microfracture, autologous chondrocyte implantation, osteochondral allograft, and others to restore the damaged cartilage tissue. The demand for cartilage repair products has increased considerably, owing to increase in prevalence of degenerative diseases such as osteoarthritis in both developed and developing economies.

The growth of the cartilage repair market is propelled by upsurge in geriatric population, increase in prevalence of obesity, and rise of sedentary lifestyle in the populace. Furthermore, increase in awareness about cartilage repair products and surge in sports-related injuries are anticipated to boost the market growth in the forecast period.

The use of cartilage repair modalities is highest in North America, owing to availability of cartilage repair products, increased arthritis awareness, and rise in expenditure by the government on healthcare, followed by Europe and Asia-Pacific. In addition, orthopedic and medical device manufacturing companies have focused on expanding their presence in the emerging economies, which is anticipated to drive the market growth.

LIST OF TABLES

TABLE 01. GLOBAL CARTILAGE REPAIR MARKET, BY MODALITY, 2017-2025 ($MILLION)
TABLE 02. MICROFRACTURE & CHONDROPLASTY CARTILAGE REPAIR MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 03. AUTOLOGOUS CHONDROCYTE IMPLANTATION CARTILAGE REPAIR MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 04. OSTEOCHONDRAL ALLOGRAFT CARTILAGE REPAIR MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 05. JUVENILE ALLOGRAFT FRAGMENT CARTILAGE REPAIR MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 06. GLOBAL CARTILAGE REPAIR MARKET, BY TYPE, 2017-2025 ($MILLION)
TABLE 07. HYALINE CARTILAGE REPAIR MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 08. FIBROCARTILAGE REPAIR MARKET, BY REGION, 2017-2025 ($MILLION)
TABLE 09. GLOBAL CARTILAGE REPAIR MARKET REVENUE, BY APPLICATION, 2017-2025 ($MILLION)
TABLE 10. CARTILAGE REPAIR MARKET FOR KNEE, BY REGION, 2017-2025 ($MILLION)
TABLE 11. CARTILAGE REPAIR MARKET FOR SHOULDER, BY REGION, 2017-2025 ($MILLION)
TABLE 12. CARTILAGE REPAIR MARKET FOR OTHER APPLICATIONS, BY REGION, 2017-2025 ($MILLION)
TABLE 13. GLOBAL CARTILAGE REPAIR MARKET REVENUE, BY END USER, 2017-2025 ($MILLION)
TABLE 14. CARTILAGE REPAIR MARKET FOR HOSPITAL & CLINIC, BY REGION, 2017-2025 ($MILLION)
TABLE 15. CARTILAGE REPAIR MARKET FOR AMBULATORY SURGICAL CENTER (ASC), BY REGION, 2017-2025 ($MILLION)

Table of content:

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments

1.3.1. List of key players profiled in the report

1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2: EXECUTIVE SUMMARY

2.1. Key findings of the study

2.1.1. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.3. Top Player Positioning, 2017
3.4. Patent analysis, 2014-2017

3.4.1. Patent analysis, by year (2014-2017)
3.4.2. Patent analysis, by country

3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Surge in obesity in the population
3.5.1.2. Rise in sports-related injuries
3.5.1.3. Rapid increase in geriatric population

3.5.2. Restraints

3.5.2.1. High costs associated with cartilage repair procedures
3.5.2.2. Unclear regulatory scenario

3.5.3. Opportunity

3.5.3.1. Untapped potential of the emerging economies

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