openPR Logo
Press release

Cartilage Repair/Cartilage Regeneration Market worth $2.8 billion by 2028

05-27-2024 09:36 PM CET | Health & Medicine

Press release from: ABNewswire

The Key players in the Cartilage Repair/Cartilage Regeneration market are Smith+Nephew (UK), DePuy Synthes (Johnson & Johnson) (US), Zimmer Biomet Holdings, Inc. (US), Stryker Corporation (US), Vericel Corporation (US)

The Key players in the Cartilage Repair/Cartilage Regeneration market are Smith+Nephew (UK), DePuy Synthes (Johnson & Johnson) (US), Zimmer Biomet Holdings, Inc. (US), Stryker Corporation (US), Vericel Corporation (US)

Browse 136 market data Tables and 33 Figures spread through 160 Pages and in-depth TOC on "Cartilage Repair/Cartilage Regeneration Market by Treatment Modalities (Cell-Based (Chondrocyte Transplantation, Stem Cells, Growth Factors), Non-Cell (Tissue Scaffolds)), Application (Hyaline, Fibrocartilage), Site, and Region - Global Forecast to 2028
Cartilage Repair / Cartilage Regeneration Market [https://www.marketsandmarkets.com/Market-Reports/cartilage-repair-regeneration-market-37493272.html?utm_source=ABnewswire&utm_campaign=Paid&utm_content=Referral] in terms of revenue was estimated to be worth $1.3 billion in 2023 and is poised to reach $2.8 billion by 2028, growing at a CAGR of 17.2% from 2023 to 2028 according to a new report by MarketsandMarkets. Growth in the Cartilage Repair/Cartilage Regeneration market is mainly driven by the increasing prevalence of sports and accident-related orthopedic injuries and the increasing number of osteoarthritis cases expected to offer growth opportunities for players operating in the Cartilage Repair/Cartilage Regeneration market during the forecast period. However, the High cost of cartilage repair surgeries and Unfavorable reimbursement scenarios are restricting the growth of this market.

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=37493272 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=37493272&utm_source=ABnewswire&utm_campaign=Paid&utm_content=Referral]

Treatment modality segment is expected to account for the largest share in 2022.

By treatment modality the Cartilage Repair/Cartilage Regeneration market is divided into Cell-based and non-cell-based categories where cell-based segment includes chondrocyte transplantation, stem cells and growth factors. The non-cell-based which are the scaffolds and cell-free composites. Cell-based including chondrocyte transplantation, growth factors, and stem cells will drive the growth of the market due to the increasing number of osteoarthritis cases.

The hyaline cartilage segment held the largest market share in 2022.

By Application, the global Cartilage Repair/Cartilage Regeneration market is broadly segmented into hyaline cartilage and fibrocartilage. Hyaline cartilage is expected to grow highest in the upcoming years. The increasing number of hospitals and advancement in cartilage repair products will drive the growth of this application segment. Technological advancements, product developments and launches, and growing partnerships between key market players and hospitals are also supporting market growth.

The application site segment held the largest market share in the Cartilage Repair/Cartilage Regeneration market.

By application site, the global Cartilage Repair/Cartilage Regeneration market is broadly segmented into knee, hip, ankle & foot, and other application sites (nose and shoulder). The knee is expected to grow highest in the upcoming years. The increasing number of Knee replacement procedures performed worldwide is the major factor driving the growth of this application site segment. For Instance, according to the American Orthopedic Society for Sports Medicine, over 4 million knee arthroscopy procedures are performed worldwide each year; 700,000 are conducted in the US.

North America dominates the global Cartilage Repair/Cartilage Regeneration market.

Based on the region, the Cartilage Repair/Cartilage Regeneration market is segmented into North America, Europe, Asia Pacific and Rest of the world. The North American market is driven by the growing focus on growing government and private investments. For instance, In March 2020, the Government of Canada granted USD 6.9 million through the Stem Cell Network's competitive research funding, a body that supports Canada's most promising stem cell research. This funding is channelized to support nine translational projects and four clinical trials across Canada's regenerative medicine market, which comprises 200 researchers and trainees at 27 Canadian research institutes in Alberta, British Columbia, Quebec, and Ontario, as well as direct partnerships with several emerging biotechnology companies.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=37493272 [https://www.marketsandmarkets.com/requestsampleNew.asp?id=37493272&utm_source=ABnewswire&utm_campaign=Paid&utm_content=Referral]

Cartilage Repair / Cartilage Regeneration Market Dynamics:

Drivers:

1. Increasing number of osteoarthritis cases

Restraints:

1. High cost of cartilage repair surgeries

Opportunities:

1. Technological advancements

Challenge:

1. Limitations of cartilage-based stem cell products

Key Market Players of Cartilage Repair / Cartilage Regeneration Industry:

The Key players in the Cartilage Repair/Cartilage Regeneration market are Smith+Nephew (UK), DePuy Synthes (Johnson & Johnson) (US), Zimmer Biomet Holdings, Inc. (US), Stryker Corporation (US), Vericel Corporation (US), B. Braun Melsungen AG (US), Anika Therapeutics (US), CONMED Corporation (US), MEDIPOST (South Korea), RTI Surgical (US), Arthrex, Inc. (US), Regrow Biosciences (India), Geistlich Pharma AG (Switzerland), AlloSource (US), Orthocell Ltd, (Australia), Matricel GmbH (Germany), CartiHeal, Inc. (Israel), Regentis Biomaterials (Israel), Theracell Advanced Biotechnology (Greece), and LifeNet Health (US).

Breakdown of supply-side primary interviews by company type, designation, and region:

* By Company Type: Tier 1 (30%), Tier 2 (44%), and Tier 3 (26%)
* By Designation: C-level (30%), Director-level (33%), and Others (37%)
* By Region: North America (40%), Europe (28%), Asia-Pacific (18%), RoW- (14%)

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=37493272 [https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=37493272&utm_source=ABnewswire&utm_campaign=Paid&utm_content=Referral]

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=cartilage-repaircartilage-regeneration-market-worth-28-billion-by-2028]
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/cartilage-repair-regeneration-market-37493272.html



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 Cartilage Repair/Cartilage Regeneration Market worth $2.8 billion by 2028 here

News-ID: 3514429 • Views:

More Releases from ABNewswire

Small Business, Big Relief: CopperJoint Highlights Family Roots with New Compression Socks Launch
Small Business, Big Relief: CopperJoint Highlights Family Roots with New Compres …
As a small, family-run business based in the U.S., CopperJoint blends heart and science in every product. The new compression socks for women and men combine a modern look with doctor-approved compression and all-day support - ideal for healthcare workers, professionals, and active adults. "We may be small, but our impact is felt every time a customer says, 'I can move without pain again.'" NASHVILLE, TN - September 21, 2025 -
Kitchen Remodeling Enhances Both Functionality and Aesthetics in Homes
Kitchen Remodeling Enhances Both Functionality and Aesthetics in Homes
Modern upgrades focus on more than just visual appeal; they deliver functional improvements that make daily living easier. Kitchen remodeling [https://neadesignandconstruction.com/#:~:text=01,Kitchen%20Remodeling] continues to shape the way homes are experienced across New Jersey, as families prioritize comfort, efficiency, and long-lasting design. Modern upgrades focus on more than just visual appeal; they deliver functional improvements that make daily living easier. With demand rising for reliable services, homeowners are turning to trusted providers like
Home Remodeling Trends Position New Jersey as a Hub for Modern Design
Home Remodeling Trends Position New Jersey as a Hub for Modern Design
Blending traditional craftsmanship with modern innovation, NEA Design and Construction continues to highlight how the state is becoming a leader in functional and stylish design transformations. The demand for Home remodeling [https://neadesignandconstruction.com/#:~:text=Elevate%20Your-,Home,-Proudly%20serving%20homes] has seen remarkable growth in recent years, with many New Jersey property owners choosing to update and modernize their living spaces. Blending traditional craftsmanship with modern innovation, NEA Design and Construction continues to highlight how the state is becoming
Local Infrastructure Strengthened Through General Contractor Expertise of NEA Design and Construction
Local Infrastructure Strengthened Through General Contractor Expertise of NEA De …
Whether involving renovations, new builds, or large-scale developments, property owners require professionals who bring both expertise and reliability. The demand for skilled general contractor [https://neadesignandconstruction.com/#:~:text=experience%20in%20the-,construction,-industry%2C%20our%20skilled] services has been steadily rising across New Jersey, where residential and commercial projects continue to shape local communities. Whether involving renovations, new builds, or large-scale developments, property owners require professionals who bring both expertise and reliability. Within this landscape, NEA Design and Construction has established itself

All 5 Releases


More Releases for Cartilage

Cartilage Repair or Cartilage Regeneration Market Size, Share, Trends, and Analy …
Cartilage Repair or Cartilage Regeneration market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses and application dominance. The Cartilage Repair or Cartilage Regeneration market is expanding significantly due to technological breakthroughs and rising consumer demand for small, energy-efficient electronics. Compared to conventional packaging methods, this novel approach improves
Cartilage Repair/Cartilage Regeneration Market worth $2.8 billion by 2028
Cartilage Repair / Cartilage Regeneration Market in terms of revenue was estimated to be worth $1.3 billion in 2023 and is poised to reach $2.8 billion by 2028, growing at a CAGR of 17.2% from 2023 to 2028 according to a new report by MarketsandMarkets. Growth in the Cartilage Repair/Cartilage Regeneration market is mainly driven by the increasing prevalence of sports and accident-related orthopedic injuries and the increasing number of
Cartilage Repair Market - Restoring Mobility, Rebuilding Strength: Advanced Solu …
Newark, New Castle, USA: The "Cartilage Repair Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors Cartilage Repair Market: https://www.growthplusreports.com/report/cartilage-repair-market/8042 This latest report researches the industry structure, sales, revenue,
Global Cartilage Repair and Cartilage Regeneration Market Analysis and Forecast, …
The global cartilage repair and cartilage regeneration market was estimated at a market value of US$ 1.3 billion in 2022 and is expected to grow at a significant CAGR of over 8% over the forecast period of 2023-2028. North America is the largest market for cartilage repair and cartilage regeneration, followed by Europe and Asia Pacific. The growth of the market in North America is due to the high prevalence
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
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