Press release
Global Cartilage Repair Market Projected to Surpass $2.57 Billion by 2029 with 12.1% Annual Growth
Cartilage Repair Market Size
The cartilage repair market is anticipated to flourish as a result of the mounting incidences of road calamities and injuries sustained during sporting activities. These accidents, which tend to involve motor vehicles, pedestrians, or bicyclists along major roads, have a pivotal role in driving the need for various cartilage repair procedures. This is primarily to correct damaged cartilage, alleviate discomfort, and improve the functioning of the joint, resulting from sports and road-related injuries. As stated by the World Health Organization, a US-based health agency, there were nearly 1.3 million mortalities due to road traffic injuries annually as of June 2022. Additionally, Howden Group Holdings - a UK-based insurance firm - stated that in the 2023-24 Premier League season, players under 21 were sidelined for an average of 43.92 days per injury. This represents a significant rise from the 26.5 days recorded in the 2022-23 season. Hence, the increase in road accidents and sports-related injuries significantly fuels the growth of the cartilage repair market. Cartilage Repair Market Driver: Escalating Rates of Diabetes and Obesity Pave the Way for Expansion of the Cartilage Repair Market
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What is the projected compound annual growth rate (CAGR) of the cartilage repair market from 2025 to 2034, and what factors influence it?
The size of the cartilage repair market has experienced rapid expansion in recent years. It is expected to rise from $1.42 billion in 2024 to $1.63 billion in 2025, representing a compound annual growth rate (CAGR) of 14.4%. The historical growth of this market can be traced back to factors such as increasing cases of joint disorders, higher awareness and diagnosis rates, escalating healthcare costs, along with numerous collaborations and partnerships.
The size of the cartilage repair market is projected to experience swift expansion in the coming years, surging to a staggering $2.57 billion in 2029, showcasing a compound annual growth rate (CAGR) of 12.1%. The anticipated surge during the forecast period can be credited to factors such as an aging population, increased sports-related injuries, regulatory backing for advanced therapies, along with growing patient inclination towards non-invasive treatments. Key trends in the forecast period encompass technological innovations, regulatory endorsements, idestandardization, patients opting for biological procedures, and developmental strides in healthcare infrastructure.
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What trends are poised to drive the future success of the cartilage repair market?
Leading entities in the cartilage repair market are focusing on the development of novel products, for example, biologic cartilage repair therapies, to enhance the cure options for cartilage injuries and encourage natural recovery. Biologic cartilage repair remedies are those that originated from biological elements, such as cells, tissues, or growth substances, developed to heal or restore the damaged cartilage. For example, Vericel, an American biotechnology company, introduced MACI (autologous cultured chondrocytes on a pig collagen membrane)Arthro in August 2024 and got the green light from a US-based health protection agency. MACI Arthro is the latest biologic cartilage repair solution intended to cure knee cartilage defects. This innovation grants surgeons the convenience to treat symptomatic full-thickness knee cartilage defects of up to 4 cm2 in dimension using minor invasive methods. MACI Arthro allows for the examination and getting ready of the affected site through minor cuts using custom-made equipment, marking a considerable upgrade from the conventional approach.
What are the major segments of the cartilage repair market and their role in driving growth?
The cartilage repair market covered in this report is segmented -
1) By Treatment Modality: Cell-Based, Non-Cell-Based
2) By Site: Knee, Hip, Ankle And Foot, Other Application Sites
3) By Application: Hyaline Cartilage, Fibrocartilage
4) By End User: Hospital And Clinic, Ambulatory Surgical Center (ASC), Other End-Users
Subsegments:
1) By Cell-Based Treatments: Autologous Chondrocyte Implantation (ACI), Stem Cell Therapy, Matrix-Induced Autologous Chondrocyte Implantation (MACI)
2) By Non-Cell-Based Treatments: Scaffold-Based Treatment, Osteochondral Grafts, Synthetic Implants
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Which regions are key players in the growth of the cartilage repair market?
North America was the largest region in the cartilage repair market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cartilage repair market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the cartilage repair market?
Major companies operating in the cartilage repair market report are Johnson and Johnson Services Inc., Medtronic PLC, Stryker Corporation, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Smith And Nephew PLC, Arthrex Inc., CONMED Corporation Inc., Meril Life Sciences Pvt. Ltd., Medacta International SA, RTI Surgical Inc., Japan MDM Inc., Vericel Corporation, Anika Therapeutics Inc., Mathys AG Bettlach, JRI Orthopedics Ltd., Auxein Medical ltd., MEDIPOST Co Ltd., DePuy Synthes Companies, Arthro Kinetics AG, Waldemar Link GmbH and Co.KG, Osiris Therapeutics Inc., Teijin Nakashima Medical Co Ltd., Collagen Solutions LLP, BioTissue SA, ISTO Technologies Inc., Regentis Biomaterials Ltd., Histogenics Corporation, Evolutis India Pvt. Ltd.
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What Is Covered In The Cartilage Repair Global Market Report?
• Market Size Forecast: Examine the cartilage repair market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the cartilage repair market for a structured understanding.
• Key Players Overview: Analyze major players in the cartilage repair market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the cartilage repair market.
• Segment Contributions: Evaluate how different segments drive overall growth in the cartilage repair market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the cartilage repair market.
• Industry Challenges: Identify potential risks and obstacles affecting the cartilage repair market.
• Competitive Landscape: Review strategic developments in the cartilage repair market, including expansions, agreements, and new product launches.
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