This Cartilage Regeneration Market report defines and segments the market with analyzes and projections of the market size in terms of value, volume and technology.  The Cartilage Regeneration Market research report also identifies driving and restraining factors of the global market with an analysis of the trends, opportunities and challenges. This Cartilage Regeneration Market report examines the leading manufacturers of the market with sales, revenue and price. The facts and data of the market are represented in this report using diagrams, graphs, pie charts and other pictorial representations.

This Cartilage Regeneration Market report firstly introduced basic information which includes definition, classification, application, Industry chain structure and Industry view.  To ensure the quality of the report further, market dynamics, various projection, demographic changes, historic details and other have been included in this Cartilage Regeneration Market report. Analysts have studied the investments in research and development of products and technologies that are expected to give the players a definite boost.

Data Bridge Market Research analyses that the cartilage regeneration market which was USD 984.25 million in 2022, is expected to reach USD 3095.64 million by 2030, at a CAGR of 15.4% during the forecast period 2023 to 2030.

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Definition

Cartilage regeneration is the process of stimulating damaged cartilage to heal itself. Cartilage has a low blood supply and no nerve endings, making it difficult for tissue damage to be repaired or healed naturally. The most common cause of cartilage degeneration is trauma or injury to the surface layer of articular (joint) cartilages in your knee, hip, shoulder, elbow, and other joints, which can lead to severe pain and inflammation as well as impaired joint movement.

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Key Growth Drivers:

  • Growing number of road accidents

A growing number of road accidents worldwide are resulting in bone and joint injuries, which is expected to drive demand for cartilage repair products over the forecast period. For instance, according to data published by the World Health Organization (WHO) in November 2016, approximately 1.25 million people die each year in road accidents worldwide as a result of the influence of alcohol and reckless driving, the use of a mobile phone, and other associated factors such as bad weather and poor road construction. These are the certain factors which propel the market growth.

  • Increasing incidence of osteoarthritis

Osteoarthritis has become increasingly common in recent years throughout the world. According to a University of North Carolina study, approximately 1 million knee and hip replacement procedures are performed annually in the United States. The annual cost of osteoarthritis in the United States is $136.8 billion. According to the Arthritis Foundation, degenerative joint diseases such as osteoarthritis will affect more than 130 million people worldwide by 2050. Two of the most common treatments for osteoarthritis are autologous chondrocyte implantation and Scaffolds implants. As a result, as the prevalence of osteoarthritis rises, so the demand for cartilage regeneration also rises.

The report emphasizes the participation of key entities, notably:

  • Osiris Therapeutics, Inc. (U.S.)
  • Smith + Nephew (U.K.)
  • AlloSource (U.S.)
  • Vericel Corporation (U.S.)
  • Zimmer Biomet (U.S.)
  • Medtronic (Ireland)
  • Stryker (U.S.)
  • Anika Therapeutics, Inc. (U.S.)
  • Braun SE (Germany)
  • Orthocell Ltd. (Australia)
  • Geistlich Pharma AG (Switzerland)
  • Takeda Pharmaceutical Company Limited (Japan)
  • CONMED Corporation (U.S.)
  • The Future of Biotechnology, MEDIPOST (South Korea)
  • BioTissue (U.S.)
  • LifeNet Health (U.S.)
  • RTI Surgical (U.S.)
  • Arthrex, Inc. (Germany)

Major Points in the Report

  • Understanding the entirety of the cartilage regeneration marketlandscape thoroughly.
  • Exploring the leading entities in this sector, delving into their range of products and core approaches.
  • Examining the prominent geographical areas where cartilage regeneration marketdemonstrates significant growth.
  • Keeping abreast of the latest shifts and advancements within the industry.
  • Identifying specific areas or markets with high potential and promising expansion opportunities.

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Key Market Segmentation

By Type (Fibro Cartilage, Hyaline Cartilage, Elastic Cartilage, Other), Treatment Modality (Cell-Based, Non-Cell Based), Treatment Type (Palliative, Intrinsic Repair Stimulus), Application Site (Knee, Spine, Ankle, Hip, Others), Surgical Procedure (Chondroplasty and Microfracture, Autologous Chondrocyte Implantation, Osteochondral Autograft Transplantation, Osteochondral Allograft Transplantation, Juvenile Allograft Fragments, Others), End User (Ambulatory Care Centers, Hospitals and Clinics, Surgical Centers, and Others)

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