openPR Logo
Press release

Knee Cartilage Repair Market Size Status, Growth Strategies, SWOT Analysis and Forecast 2024 -2031 | Biomet, Anika Therapeutics, Genzyme

05-24-2024 12:45 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Knee Cartilage Repair Market

Knee Cartilage Repair Market

Market Overview:

Knee cartilage repair involves surgical procedures for the repair of damaged cartilage in knees. Common products used are chondrocyte transplantation, growth factor technology, and tissue scaffolds.

Market Dynamics:

Rising geriatric population is susceptible to cartilage damage due to wear and tear of joints with age. As per data by the United Nations (UN), the global geriatric population is expected to reach 2 billion by 2050 from 727 million in 2020. Additionally, growing obese population rate is increasing the risk of knee cartilage damage. As per data by WHO, global obesity rate has almost tripled since 1975. Cartilage injury in overweight and obese people is 30-50% higher compared to people with healthy weights. These collective factors are expected to propel the demand for knee cartilage repair over the forecast period.

Get an Exclusive Sample Copy of the Report at: - https://www.coherentmarketinsights.com/insight/request-sample/737

Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, a detailed analysis of the competitive landscape, and product services of key players. Analysis of Knee Cartilage Repair companies, key tactics followed by Leading Key Players:

◘ DePuy (Johnson & Johnson)
◘ Sanofi Aventis
◘ Biomet
◘ Anika Therapeutics
◘ Genzyme
◘ Advanced Technologies and Regenerative Medicine
◘ Smith and Nephew
◘ CellGenix
◘ BioTissue Technologies
◘ Zimmer
◘ EMD Serono.

Market Drivers

Increased Incidences of Knee Cartilage Injuries

Cartilage injuries to the knee are one of the most common orthopedic injuries sustained during sports and physical activities. According to the American Academy of Orthopedic Surgeons (AAOS), over 250,000 cartilage repair procedures are performed in the US each year. Additionally, other studies have found that over 10% of the general population has some form of articular cartilage lesion in their knee. This high prevalence of knee cartilage injuries has driven increased demand for various cartilage repair procedures and products.

Advancements in Cartilage Repair Treatment and Technologies

Significant advancements have been made in cartilage repair technologies and treatment approaches over the past decade. Newer cartilage repair procedures such as autologous chondrocyte implantation (ACI) aim to regenerate damaged cartilage tissue rather than simply repair it. Additionally, tissue engineering approaches are being developed to better replicate the structure and composition of native cartilage. These advancements have improved clinical outcomes for patients and expanded the options available to physicians. The introduction of new and more effective cartilage repair technologies is expected to further fuel market growth.

Market Restrain

High Treatment Costs

Cartilage repair procedures such as microfracture, ACI, and various tissue engineering approaches often carry high costs ranging from tens of thousands to over $100,000 per procedure in some cases. This is due to factors such as the use of specialized implants and grafts, the need for multiple surgical interventions, and lengthy post-operative rehabilitation periods. Additionally, many cartilage repair treatments may not be covered by insurance. The high financial burden on patients poses a significant barrier and restrains the scope of utilization of these therapies.

Buy This Premium Report and Get Upto 25 % OFF: https://www.coherentmarketinsights.com/insight/buy-now/737

Market Opportunity

Rising Healthcare Expenditure in Emerging Markets

Many emerging markets are witnessing considerable economic growth and increases in per capita healthcare spending. In these regions, conditions such as obesity and sports injuries that can damage knee cartilage are also on the rise. At the same time, awareness about advanced cartilage repair options is growing. Thus, these emerging markets represent major opportunities for players in this industry. Factors such as expanding healthcare infrastructure, favorable government policies, and increasing disposable incomes are contributing to the growth of cartilage repair procedures in Asia Pacific, Latin America, Middle East, and Africa. This presents lucrative prospects for industry participants to strengthen their presence in high-potential emerging markets.

Market Trends

Tissue Engineering and Regenerative Medicine Advancements

Active research is being conducted to develop advanced tissue engineering approaches and regenerative therapies for cartilage repair. Areas of focus include designing scaffolds that mimic the natural cartilage environment, use of stem cells and growth factors to enhance cartilage regeneration, and development of cell-based therapies. For example, a clinical trial is currently underway to evaluate the use of a collagen-glycosaminoglycan scaffold seeded with chondrocytes for treating damaged knee cartilage. Promising results from such studies can fuel significant paradigm shifts from conventional cartilage repair options to transformative regenerative solutions in the near future. This represents one of the key trends that will likely reshape the cartilage repair landscape.

Segment Details Analysis

On the basis of treatment modality

Cell based approaches
Chondrocyte transplantation
Growth factor technology
Stem cells
Non-cell based approaches
Tissue scaffolds
Cell-free composites

On the basis of application,

Hyaline cartilage
Fibrocartilage

On the basis of end-users,

Orthopedic hospitals
Orthopedic surgeons
Clinics

The Study Objectives are:

A comprehensive insight into key players operating in the Knee Cartilage Repair Market and their corresponding data.
It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
Regional analysis, which includes insight into the dominant market and corresponding market share.
It also includes various socio-economic factors affecting the evolution of the market in the region.
The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.
Table of Contents:

Market scenario 2024

Chapter 1: Introduction, Market Driving Force Product Objective of Study and Research Scope the Knee Cartilage Repair market
Chapter 2: Exclusive Summary - the basic information of the Knee Cartilage Repair Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends, and Challenges & Opportunities of the Knee Cartilage Repair
Chapter 4: Presenting the Knee Cartilage Repair Market Factor Analysis, Supply/Value Chain, PESTEL analysis, Market Entry, and Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User, and Region/Country 2024 - 2031
Chapter 6: Evaluating the leading manufacturers of the Knee Cartilage Repair market which consists of its Competitive Landscape, Peer Group Analysis, Market positioning & Company Profile
Chapter 7: To evaluate the market by segments, by countries, and by Manufacturers/Companies with revenue share and sales by key countries in these various regions (2024-2031)
Chapters 8 & 9: Displaying the Appendix, Methodology, and Data Source

We Offer Customized Report, Click @ https://www.coherentmarketinsights.com/insight/request-customization/737

Key Questions Answered:

What is the market size and CAGR of the Knee Cartilage Repair Market during the forecast period?
How is the growing demand impacting the growth of Knee Cartilage Repair Market shares?
What is the growing demand of the Market during the forecast period?
Who are the leading vendors in the market and what are their market shares?
What is the impact of the COVID-19 pandemic on the APAC Knee Cartilage Repair Market?

Contact Us

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame,
CA 94010, United States
Phone: US +12067016702 / UK +4402081334027
JAPAN:+81-50-5539-1737
INDIA:+91-848-285-0837
Email: sales@coherentmarketinsights.com

About Coherent Market Insights

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Knee Cartilage Repair Market Size Status, Growth Strategies, SWOT Analysis and Forecast 2024 -2031 | Biomet, Anika Therapeutics, Genzyme here

News-ID: 3511631 • Views:

More Releases from Coherent Market Insights

Sustainable Strategies in Birth Tourism: Enhancing Maternal Health and Mobility
Sustainable Strategies in Birth Tourism: Enhancing Maternal Health and Mobility
This comprehensive Report on Birth Tourism Industry Application Market provides real information about the statistics and state of the global and regional market. Its scope of study extends from the market situation to comparative pricing between the main players, spending in specific market areas, and profits. It represents a comprehensive and succinct analysis report of the main competitor and price statistics with a view to helping beginners establish their place
Navigating the Global Hydrogel Market: Trends and Growth Opportunities
Navigating the Global Hydrogel Market: Trends and Growth Opportunities
This comprehensive Report on Global Hydrogel Industry Application Market provides real information about the statistics and state of the global and regional market. Its scope of study extends from the market situation to comparative pricing between the main players, spending in specific market areas, and profits. It represents a comprehensive and succinct analysis report of the main competitor and price statistics with a view to helping beginners establish their place
Sustainable Strategies in the Metal Stamping Market: Trends and Future Prospects
Sustainable Strategies in the Metal Stamping Market: Trends and Future Prospects
This comprehensive Report on Metal Stamping Industry Application Market provides real information about the statistics and state of the global and regional market. Its scope of study extends from the market situation to comparative pricing between the main players, spending in specific market areas, and profits. It represents a comprehensive and succinct analysis report of the main competitor and price statistics with a view to helping beginners establish their place
Navigating the Global Sodium Hydroxide Market: Trends and Future Opportunities
Navigating the Global Sodium Hydroxide Market: Trends and Future Opportunities
This comprehensive Report on Sodium Hydroxide Powder Industry Application Market provides real information about the statistics and state of the global and regional market. Its scope of study extends from the market situation to comparative pricing between the main players, spending in specific market areas, and profits. It represents a comprehensive and succinct analysis report of the main competitor and price statistics with a view to helping beginners establish their

All 5 Releases


More Releases for Cartilage

Global Cartilage Repair/ Cartilage Regeneration Market
The global cartilage repair/ cartilage regeneration market studies show that it will have an extravagant growth of CAGR of 23.5% from 2020 to 2026. (This study was conducted by Global Market Estimates). The globally growing geriatric population with increasing obesity in all age groups is the primary and major factor responsible for the growth of the cartilage repair/ cartilage regeneration market during the projected period. High incidence of bone or
Global Cartilage Repair & Cartilage Regeneration Market by Manufacturers, Region …
"The Report Global Cartilage Repair&Cartilage Regeneration Market Research Report 2018 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" About Cartilage Repair&Cartilage Regeneration Market In this report, the global Cartilage Repair&Cartilage Regeneration market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017
2017 - 2021: Global Cartilage Repair Market With Focus On Articular (Hyaline) Ca …
Researchmoz added Most up-to-date research on "2017 - 2021: Global Cartilage Repair Market With Focus On Articular (Hyaline) Cartilage Market" to its huge collection of research reports. The report entitled Global Cartilage Repair Market With Focus On Articular (Hyaline) Cartilage Market (2017-2021), provides analysis of the global cartilage repair market with focus on articular (hyaline) cartilage market, with detailed analysis of market size and growth, and segmentation of the industry. The
Global Cartilage Repair-Cartilage Regeneration Market Size, Status and Forecast …
Qyresearchreports include new market research report "Global Cartilage Repair-Cartilage Regeneration Market Size, Status and Forecast 2022" to its huge collection of research reports. The market research reports on the global Cartilage Repair-Cartilage Regeneration market puts special focus on the various segments of this market with all the significant statistics. The main motive of this report is to present its readers with relevant and useful information on the Cartilage Repair-Cartilage Regeneration market
Cartilage Repair/ Cartilage Regeneration Market Size | Industry Share Report 202 …
Cartilage Repair/ Cartilage Regeneration Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2021 Market Research Report to It’s a Database. Inquire Before Buying @ https://goo.gl/PYVwF2 The global cartilage repair/ cartilage regeneration market is projected to reach USD 779.8 million by 2021 from USD 414.6 million in 2016, growing at a CAGR of 13.5% during the forecast period of 2016 to 2021. In this report, the cartilage
Global Cartilage Repair Market particularly Articular (Hyaline) Cartilage Market …
Growing self-consciousness and medical awareness at the global level has improved the cartilage repair market to a great extent. Further, to detail about the market growth and size, Market Research Hub (MRH) has added a report headed as “Global Cartilage Repair Market With Focus On Articular (Hyaline) Cartilage Market (2017-2021)” in the vast report archive. The report provides the analyzed research of global cartilage repair market with the detailed focus