Regenerative Medicine For Cartilage Market Report 2023-2032: Market Size, Key Drivers And Industry Forecast | B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Vericel Corporation, Stryker Corporation, Smith & Nephew PLC

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Regenerative Medicine For Cartilage Global Market Report 2023 identifies growing incidence of osteoarthritis across the globe as the major driver for the Regenerative Medicine For Cartilage market's growth in the forecast period. Osteoarthritis is a degenerative joint disorder that mostly attacks the articular cartilage. According to the Arthritis Foundation, degenerative joint disease disorders such as osteoarthritis will impact at least 130 million individuals around the globe by 2050.

The global regenerative medicine for cartilage market size grew from $5.28 billion in 2022 to $5.82 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The regenerative medicine for cartilage market size is expected to grow to $7.72 billion in 2027 at a CAGR of 7.3%.

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Major competitors in the Regenerative Medicine For Cartilage market are B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Vericel Corporation, Stryker Corporation, Smith & Nephew PLC.

A key trend in the Regenerative Medicine For Cartilage market includes Tissue engineering and stem cell therapy. The growth of tissue engineering technology has given hope for the regeneration of cartilage. Stem cell therapy is gaining attention with its advantages over traditional orthopaedic treatments. Stem cell therapy helps to reduce knee pain and improves knee cartilage regeneration and repair. For instance, growth factors in the form of platelet-rich plasma (PRP) therapy are injected to promote tissue regeneration effectively.

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The Regenerative Medicine For Cartilage market is segmented -

1. By Treatment Modality: Cell-Based, Non-Cell-Based
2. By Treatment Type: Palliative, Intrinsic Repair Stimulus, Other Treatment Types
3. By Site: Knee Cartilage Repair, Ribs, Other Sites
4. By Application: Hyaline Cartilage Repair and Regeneration, Elastic Cartilage Repair and Regeneration, Fibrous Cartilage Repair and Regeneration
5. By End-Use: Ambulatory Surgical Centers, Hospitals & Clinics, Surgical Centers, Other End-Users
6. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Regenerative Medicine For Cartilage market.

The Business Research Company's "Global Regenerative Medicine For Cartilage Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Regenerative Medicine For Cartilage Market Include:

1. Regenerative Medicine For Cartilage Market
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
20. Regenerative Medicine For Cartilage Market Competitive Landscape
21. Key Mergers And Acquisitions In The Regenerative Medicine For Cartilage Market
22. Regenerative Medicine For Cartilage Market Opportunities And Strategies
23. Regenerative Medicine For Cartilage Market, Conclusions And Recommendations
24. Appendix

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