Cartilage Repair Market

Introduction:

Cartilage is a type of connective tissue found in the body. It is a firm, elastic material that helps to support and cushion the body’s joints. Cartilage can be broken down by overuse or injury, leading to joint pain and stiffness. There are several treatments available for cartilage damage, including surgery, physical therapy, and medication.

The global cartilage repair market was valued at US$ 5,573 million in 2021 and is projected to grow at a 5.6% CAGR during the forecast period.

Due to growing geriatric populations and other related factors like obesity, there is an increase in OA. This condition, which is a leading cause of disability in America, had already affected more than 20.0 million Americans in 2012. It is expected to rise to 40.0 million in the next 10 years. The disease currently affects more than 30.0 million U.S. citizens. Additionally, more than 12.0 million Americans suffer from knee pain. This industry is also growing because of the OA that affects approximately 15.0 million Indians every year and arthritis that affects around 10.0 millions people in the UK each year.

The global obesity epidemic and rising prevalence of diabetes is expected to drive the market for cartilage repair over the forecast period. Increased cartilage loss is a result of diabetes. During the forecast period, there will be an increase in obesity (overweight) in Latin America and in the MEA region. This will fuel demand for cartilage-repair products.

According to the American Heart Association (AHA), the global geriatric population will account for around 20.0% of all the population by 2030. This population is more susceptible to developing chronic diseases and is expected to drive the growth in cartilage repair procedures. Market growth is expected over the forecast period.

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Over the forecast period, a rise in road accidents and sports-related injury worldwide is expected to drive demand for cartilage repair products. According to data released by the World Health Organization (WHO) in November 2016, around 1.25 million people are killed each year in road crashes worldwide.

Each year, 30.0 million youth and adolescent athletes participate in U.S. youth sports. The demand for repair products increases due to the increase in injuries among athletes. The American Orthopaedic Society for Sports Medicine found that over 3.5 million athletes were treated for sports injuries annually. In 2015, around 21.0% of all trauma brain injuries in American children were due to sports and recreation activities. 50.0% of the head injuries from recreational or competitive activities occurred during skating, bicycling or skateboarding.

This study focuses on cell-based and not-cell-based treatment options. Cell-based treatments dominated the industry in 2016, and will continue to enjoy lucrative growth. The market is expected to grow due to the increasing preference for autologous bone chondrocyte transplants in surgical treatment of damaged cartilage (chondral or osteochondral lesion).

Non-cell-based segments can be further divided into tissue scaffolds or cell-free composites. Tissue scaffolds can stimulate cartilage growth and bone growth when they are transplanted into the knees or other joints. They are therefore more widely used than cell-free composites.

Top 05+: World’s Biggest Cartilage Repair Market Companies – 2022

  • Zimmer Biomet
  • Stryker Corp.
  • DePuy Synthes
  • Smith & Nephew PLC
  • Vericel Corp.
  • Osiris Therapeutics Inc.
  • Braun Melsungen AG
  • Arthrex Inc.
  • Other Key Players

Key Market Segments

By Treatment Modality

Breakup by Application

  • Hyaline
  • Fibro-cartilage

By Treatment Type

  • Palliative
  • Intrinsic Repair Stimulus

by Region

– North America (U.S. and Canada)

– Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)

– Asia Pacific (China, India, South Korea, Indonesia, Australia, and Others)

– Latin America (Brazil, Mexico)

– Middle East and Africa

In conclusion, cartilage repair is a possible treatment for joint pain. The success of the treatment depends on the extent of the damage and the patient’s overall health. There are several methods of cartilage repair, and each has its own risks and benefits. If you are considering this treatment, talk to your doctor about which option would be best for you.

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