Global Cartilage Repair Market Growth Major Competitors, Regional Segments, Strategies and Forecast 2030

According to the estimations put forth by Inkwood Research, the Global Cartilage Repair Market is set to project a CAGR of 15.42% in terms of revenue during the forecasting years of 2021-2028.
"Browse 52 Market Data Tables and 47 Figures spread over 204 Pages, along with an in-depth TOC on the Global Cartilage Repair Market Forecast 2021-2028."

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Cartilage repair is a treatment for joints with damaged cartilage. There are various types of procedures for cartilage repair. The choice of procedure is dependent on the size and location of the defect.

Rising Obesity Cases propels Market Growth
Obesity, a globally recognized epidemic, has a debilitating effect on the musculoskeletal system. It is closely associated with osteoarthritis (OA). OA is a degenerative joint disease that decreases mobility, negatively impacting the life quality, along with inducing pain. The progressive degeneration of articular cartilage results in osteoarthritis. Obesity increases this risk of degeneration. The rising prevalence of obesity is projected to increase, owing to factors like lack of exercise & inactivity, unhealthy diet, and sedentary lifestyle. This is further set to supplement the global cartilage repair market growth.
Obesity has increased in the last decade. According to the 2020 data of WHO, more than 1.9 billion aged 18 and above were obese in 2016. Moreover, in 2019, 38 million children under 5 were obese. The death caused by obesity is more than that due to underweight.
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Hyaline Cartilage is the Dominant & Prominent Type
Hyaline cartilage constitutes a collagen matrix packed with glycoproteins, capable of holding a large volume of water. The water content contributes to its resilience and elasticity. This is because the water aids in sustaining the impact and then diffusing away from regions of high pressure at a slower rate.
Articular cartilage is a 2-4 mm thick, dense hyaline cartilage, devoid of blood vessels, nerves, or lymphatics. It comprises a dense extracellular matrix (ECM) with scarcely distributed chondrocytes. The ECM constitutes collagen, non-collagenous proteins, proteoglycans, and water.

Asia Pacific to record the highest CAGR by 2028
The region is evaluated to possess a high potential for market growth, given the rising demand for orthopedic devices. There is also an increasing need for sophisticated medical facilities, high prevalence of lifestyle disease, increasing R&D activities by key market players, along with several healthcare reforms, further set to augment market growth. Moreover, the high population and increasing cases of joint-related diseases and osteoarthritis, makes the region a conducive market for cartilage repair.
The competitive rivalry is high, with increasing competition among tier 1, tier 2, and tier 3 companies. Vendors are differentiating their products on the basis of cost, application, and cost. Some of the main market players include, Stryker Corporation, Smith & Nephew PLC, Arthrex Inc, RTI Surgical Inc, Johnson & Johnson, etc.

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GLOBAL SOFT TISSUE REPAIR MARKET
GLOBAL BARIATRIC SURGERY MARKET
GLOBAL HERNIA REPAIR DEVICES AND CONSUMABLES MARKET

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