Press release
Chondroplasty Market Poised to Hit $18.43 Billion by 2029 with Accelerating Growth Trends
Chondroplasty Market Size
Chondroplasty Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the size of the chondroplasty market has seen a substantial growth. It is projected that the market size will increase from $13.77 billion in 2024 to $14.68 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%. The growth experienced during this period is linked to a rise in sports-related injuries, the patient's choice of non-total joint replacement, advancements in postoperative care, increased training and expertise among healare providers, and an increasing prevalence of joint disorders.
How Will the Chondroplasty Market Size Evolve and Grow by 2029?
In the upcoming years, the chondroplasty market is set to witness significant expansion. By 2029, it is projected to reach a value of $18.43 billion, with a compound annual growth rate (CAGR) of 5.9%. Factors such as the incorporation of regenerative medicine, emphasis on outpatient facilities, creation of innovative biomaterials, increase in musculoskeletal conditions, and growth in the aging population will contribute to this surge. Key trends during the forecast period include technology integration in rehab, advancements in arthroscopic techniques, and progress in cartilage repair and regeneration, along with innovations in surgical tools and the incorporation of navigation systems.
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What Drivers Are Propelling the Growth of Chondroplasty Market Forward?
The escalating number of cases related to joint disorders is anticipated to push forward the growth of the chondroplasty market. Joint ailments, which are usually induced by overuse of a joint or abrupt injury such as an accident or sports damage, interfere with the health and functionality of a joint. Chondroplasty addresses these disorders by repairing the harmed cartilage of a joint. For instance, in August 2023, The Lancet, a UK-based book and data publishing organization, indicated that the occurrence of gout, an arthritis type that impacts the joints, surged from 1.40 diagnoses for every 1,000 adults in March 2021 to 1.44 diagnoses for every 1,000 adults in March 2022 in the UK. Thus, the increasing number of joint-related diseases is promoting the expansion of the chondroplasty market. Knee Surgeries Trend: A Significant Driver for the Expansion of Chondroplasty Market
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Which Emerging Trends Are Transforming the Chondroplasty Market in 2025?
Utilizing autologous chondrocytes for cartilage repair has been a focus for significant firms in the chondroplasty market. These chondrocytes are harvested from a patient's own body, specifically a non-weight-bearing area of the joint, diminishing the likelihood of immune rejection and fostering natural regeneration. For instance, Vericel Corporation, a leading biopharmaceutical company in the US, garnered FDA approval for the commercial use of MACI Arthro (Matrix Autologous Chondrocyte Implantation) in August 2024. This novel development in the treatment of knee cartilage defects employs specially constructed instruments, allowing orthopedic surgeons to conduct the procedure through minor incisions, making it less intrusive than previous methods. Anticipated benefits of this approach include improved patient recovery and fewer post-operative complications.
What Are the Key Segments in the Chondroplasty Market?
The chondroplasty market covered in this report is segmented -
1) By Type: Radiofrequency Ablation Chondroplasty, Abrasion Chondroplasty, Atellar Chondroplasty, Meniscal Repair, Tissue Removal, Other Types
2) By Anatomy: Knee, Shoulder, Hip, Other Anatomies
3) By Equipment: Shavers, Radiofrequency Devices, Arthroscope, Other Equipments
4) By End Use: Hospitals, Orthopedic Clinics, Academic Research, Other End Uses
Subsegments:
1) By Radiofrequency Ablation Chondroplasty: High-Frequency Ablation, Low-Frequency Ablation
2) By Abrasion Chondroplasty: Mechanical Abrasion, Arthroscopic Abrasion
3) By Patellar Chondroplasty: Open Patellar Chondroplasty, Arthroscopic Patellar Chondroplasty
4) By Meniscal Repair: Suturing Techniques, Meniscal Allograft Transplantation
5) By Tissue Removal: Arthroscopic Debridement, Open Debridement
6) By Other Types: Microfracture Techniques, Osteochondral Autograft Transplantation
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Who Are the Key Players Shaping the Chondroplasty Market's Competitive Landscape?
Major companies operating in the chondroplasty market report are Johnson & Johnson, F. Hoffmann-La Roche Ltd., Osiris Therapeutics Inc., Thermo Fisher Scientific Inc., Takeda Pharmaceutical Company Limited, Medtronic Public Limited Company, Stryker Corporation, Teva Pharmaceutical Industries Ltd., B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Smith & Nephew PLC, Sigma-Aldrich Corporation, Arthrex Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., CONMED Corporation, Promega Corporation, Organogenesis Holdings Inc., Bioventus LLC, RTI Surgical Holdings Inc., Vericel Corporation, Geistlich Pharma AG, Ocugen Inc., MEDIPOST Co. Ltd., GPC Medical Ltd., Sklar Surgical Instruments, Isto Biologics, Nebula Inc., NuOrtho Surgical Inc., Medical Devices Business Services Inc.
What Geographic Markets Are Powering Growth in the Chondroplasty Market?
North America was the largest region in the chondroplasty market in 2024. The regions covered in the chondroplasty market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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The rise in cases of joint-related ailments is predicted to fuel chondroplasty market growth. Joint disorders, which are diseases that disrupt the health and functionality of a joint, largely arise from overworking a joint or unexpected injuries such as accidents or sports injuries. Chondroplasty can treat such disorders by mending the damaged cartilage. An example…
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