Press release
Cartilage Repair Market Estimated to Reach at $2,195 million by 2025 - B. Braun, Conmed, Johnson & Johnson, Osiris, RTI, Stryker, Vericel
Cartilage Repair Market
Cartilage repair is a type of cartilage restoration method, wherein the injured cartilage is healed by replacing it with extracellular matrix and new cells. The global cartilage repair market was valued at $713 million in 2017, and is estimated to reach at $2,195 million by 2025, registering a CAGR of 15.0% from 2018 to 2025.
The list of key players operating in this market includes:Arthrex, Inc.,B. Braun Melsungen AG,Conmed Corporation,Johnson & Johnson,Osiris Therapeutics, Inc.,RTI Surgical, Inc.,Smith & Nephew PLC,Stryker Corporation,Vericel Corporation
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Upsurge in geriatric population, surge in prevalence of degenerative conditions such as osteoarthritis, and rise in sports-related injuries are the key factors that augment the growth of the global cartilage repair market. Furthermore, increase in obesity among the population is expected to boost the market growth.
However, high costs associated with cartilage repair products and an unclear regulatory scenario are some of the factors that impede the market growth. Conversely, high potential of emerging economies and increase in demand for cartilage repair products are expected to provide new opportunities for the market players in future.
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Table of Content:
1 Introduction
1.1 Scope of Study
2 Key Takeaways
3 Cartilage Repair Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.3 PEST Analysis
4 Cartilage Repair Market - Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
5 Cartilage Repair Market Analysis- Global
5.1 Global Cartilage Repair Market Overview
5.2 Global Cartilage Repair Market Forecasts and Analysis
5.3 Market Positioning/Market Share
5.4 Performance of Key Players
5.5 Expert Opinions Cartilage Repair Market
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