USD 927.63 million
Cartilage Repair Market Size, Share, Growth Analysis, By Treatment Modality(Cell-based (Chondrocyte Transplantation, Stem Cells, Growth Factors), Non-cell-based (Tissue Scaffolds), By Application(Knee, Hip, Ankle and Foot, and Other Application Sites), By Application site(Hyaline Cartilage, Fibrocartilage), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG35D2072 |
Region:
Global |
Published Date: October, 2024
Pages:
157
|Tables:
121
|Figures:
77
Cartilage Repair Market Insights
Cartilage Repair Market size was valued at USD 1.25 Billion in 2023 and is poised to grow from USD 1.46 Billion in 2024 to USD 5.12 Billion by 2032, growing at a CAGR of 17% during the forecast period (2025-2032).
The global cartilage repair industry is witnessing significant growth driven by growing incidence of conditions such as osteoarthritis (OA) and arthritis, in conjunction with advancements in cartilage regeneration technologies. Other factors enhancing the incidence of OA include intensifying effects of obesity and other associated conditions, combined with growing elderly populations. According to the Centers for Disease Control and Prevention (CDC), approximately 34.2 billion Americans, or 10.5% of the population, have diabetes. Apart from this, growth in the market will be driven by smart devices and further technical developments, such as artificial intelligence and data analytics. The expanding prevalence of diabetes and obesity across the world will continue to drive the global cartilage repair market growth. Increasing obesity is going to fuel the need for cartilage repair products, in particular, for the Latin America and MEA region is expected to have growing markets. Indeed, as related by the American Heart Association (AHA), by 2030, the elderly will comprise approximately 40.0% of the world's population. As individuals are predicted to suffer from chronic diseases, this population will have huge demand generation for cartilage repair therapies and propel the market growth.
US Cartilage Repair Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024–2031
Global Market Size
Largest Segment
Stem Cells
Fastest Growth
Knee
Growth Rate
12.13% CAGR
Global Cartilage Repair Market ($ Bn)
Country Share for North America (%)
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Cartilage Repair Market Segmental Analysis
Global Cartilage Repair Market is segmented by Treatment Modality, Application, Application Site, and region. Based on Treatment Modality, the market is segmented into Cell-based (Chondrocyte Transplantation, Stem Cells, Growth Factors), Non-cell-based (Tissue Scaffolds, Cell-free Composites). Based on Application, the market is segmented into Knee, Hip, Ankle and Foot, and Other Application Sites. Based on Application Site, the market is segmented into Hyaline Cartilage, Fibrocartilage. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Application Site
In 2023, the hyaline cartilage segment had a considerable cartilage repair market share. This may be due to the rising prevalence of physical trauma across the globe, which makes people suffering from the condition vulnerable to chondral and osteochondral injuries. The world is becoming more urban, thus exposing an increased population to traumas caused by strife and road accident risks. The National Center for Biotechnology Information reports that trauma is the principal cause of death and disability in the United States. Of an average of 79,000 deaths among persons aged less than 45, it is estimated that trauma kills more persons each year than infectious diseases and non-communicable diseases put together. Trauma is the single largest cause of potential years of life lost before the age of 65.
As per the cartilage repair market forecast, the increasing demand for less invasive cartilage repair procedures from the patients would be the main driving force behind the projected strong CAGR for the fibrocartilage segment. Such treatments possess many benefits over open surgeries, such as speedy recovery, lower chances of postoperative complications, and less pain following the surgery. Due to these new advances, the number of patients opting for such state-of-the-art treatments has been rising steadily, as this increases the chances of recovering and resuming one's normal daily activities rapidly. There is further expected demand through ongoing discoveries in tissue engineering and regenerative medicine along with heightened awareness about the benefits of repairing fibrocartilage. This trend may soon lead to the growth of this segment in the realm of many orthopedic and sports medical applications.
Analysis By Treatment Modality
Based on the cartilage repair market analysis, by 2023, cell-based modalities will acquire more than 60% of the market share and expand at the fastest rate of 5.0%. Increasing acceptance of autologous chondrocyte transplants (ACTs) as a successful surgical cure for chondral and osteochondral lesions as well as other damaged articular cartilage explains why this category will dominate. In attempts to increase healing and growth, ACTs involve taking a patient's own cartilage cells, then growing them in a lab before re-implanting. Such treatments are selected by patients and healthcare providers alike based on benefits that this provides, such as the fact that the patient is much less predicted to experience immunological rejection and will have better long-term outcomes.
While the non-cell-based modalities segment will dominate the global cartilage repair industry and regenerative medicine over the projection period. Some of the growth reasons include developments in biomaterials, scaffold-based therapies, and injectable treatments, which consist of hyaluronic acid and platelet-rich plasma injections. The following lines have outcomes for different patient populations because of reasons these non-cell-based treatments are preferable alternatives to cell-based therapies since they are usually less invasive, cheap, and have faster recovery periods. Expansion of the non-cell-based modalities will also be influenced by the rising awareness of non-surgical treatment of cartilage regeneration and by the growing necessity for more noninvasive treatment options. The tendency would create a more diversified market environment to the most significant extent, as both strategies function effectively together in treating cartilage degeneration.
Global Cartilage Repair Market By Treatment Modality
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Cartilage Repair Market Regional Insights
In 2023, North America was established as the market leader, commanding a share of over 45%. If people choose a healthy lifestyle, the forecast till at least the end of the review period is for the region to maintain its leading position. The urge for and appeal of cartilage repair in the United States and Canada is largely driven by a target audience and shifts in lifestyles, combined with the ever-increasing rate of musculoskeletal disorders. Further, the incidence of osteoporosis in the UK, Germany, and France is increasing significantly, and about 500,000 people require hospital care each year due to fractures at standing height or below caused by osteoporosis. It is expected to affect the Europe market.
Asia-Pacific will grow at the highest CAGR of 5.8% during the forecast period. Hip and knee replacement surgery is one of the most common and successful operations in Asia-Pacific. The Asia-Pacific cartilage repair market is expected to expand due to the rise in knee problems and the aging population. As a result, market growth factors include an increased risk of accidents and fractures caused by osteoporosis. It is driven even further by the efforts of market participants to introduce cutting-edge items in the region. Since osteoarthritis frequently results in cartilage injury and the degeneration of articular cartilage, it is the main reason for these operations.
Global Cartilage Repair Market By Geography
- Largest
- Fastest
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Cartilage Repair Market Dynamics
Cartilage Repair Market Drivers
Increase in Joint Injuries
- The most common patients requiring knee cartilage repair surgery are young people who have suffered injuries in the knee joint, such as meniscal or ligament tears. Damaged cartilage is repaired using methods that include cell-based cartilage resurfacing and autologous chondrocyte implantation to hasten the formation of new cartilage in joints. It delays and prevents the occurrence of arthritis, which also greatly reduces joint pain and increases joint flexibility through repairing and replacing the cartilage.
Rising Number of Patients with Osteoarthritis
- Osteoarthritis has become a very common disease in the last few years across the globe. According to University of North Carolina statistics, 1 million knee and hip replacement procedures are performed annually in the US. Osteoarthritis costs the US economy $136.8 billion yearly. The Arthritis Foundation projects that by 2050, degenerative joint diseases, including osteoarthritis, will affect more than 130 million people worldwide. The most common treatments for osteoarthritis are autologous chondrocyte implantation and scaffold implants. This would therefore increase the demand for products that aid in cartilage regeneration and repair as the cases of osteoarthritis rose.
Cartilage Repair Market Restraints
Expensive Health Care
- One notable obstacle to their widespread use is the expense of cartilage repair treatments, whether cell-based or non-cell-based. Cell-based therapies are especially expensive given the prolonged periods of recovery time involved, the patient-specific preparation, and the highly technical nature of laboratory procedures. Such high costs for treatment could thus lead to limited availability, particularly among those individuals without sufficient insurance coverage or residing in developing nations. For this reason, many patients might resort to cheaper alternatives that are not nearly as effective.
Strict Regulatory Approval Process
- Products using cartilage regeneration treatments, such as cell-based therapies, will expect to have a drawn-out and arduous route through the regulatory approval process. Strict guidelines on issues of safety and efficacy by regulatory bodies such as the FDA may delay the launch of novel therapies. The stringent requirements for sound clinical evidence along with challenges during the approval process can confront manufacturers and may discourage R&D investments, which otherwise hinder innovation in the cartilage repair industry.
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Cartilage Repair Market Competitive Landscape
The cartilage repair market is highly competitive and has matured firms as well as new biotech firms. The smaller businesses have been focusing on advanced regenerative medicines, such as tissue engineering and stem cell-based therapies. Growth strategies through strategic alliances, mergers, and ongoing research and development form the majority dynamics for the market.
Top Players in the Global Cartilage Repair Market
- DePuy Synthes (Johnson & Johnson)
- Zimmer Biomet Holdings Inc.
- Smith & Nephew plc
- Vericel Corporation
- Osiris Therapeutics Inc.
- Histogenics Corporation
- Anika Therapeutics Inc
- Arthrex Inc.
- B. Braun Melsungen AG
- Stryker Corporation
- CONMED Corporation
- Orthocell Limited
- RTI Surgical Holdings Inc.
- MEDIPOST Co. Ltd.
- CellGenix GmbH
- Tissue Regenix Group plc
- CollPlant Biotechnologies Ltd.
- ISTO Technologies Inc.
- MTF Biologics
- CartiHeal Ltd.
Cartilage Repair Market Recent Developments
- Medtronic Plc announced in 2022 that it had fully finalized its acquisition of Vapotherm, a respiratory care company that specializes in state-of-the-art ventilation for patients. The acquisition is anticipated to add Medtronic's portfolio of the products offered in the market for the respiratory class, which would feature cartilage repair solutions.
- It was in 2021 when Zimmer Biomet launched JuggerStitchTM meniscal repair tool. In essence, the product provides an easier and more convenient meniscal repair option for orthopedic surgeons. The target of this launch is further to improve the market share of Zimmer Biomet regarding cartilage repair.
- Sanofi S.A. reportedly said that it acquired the clinical-stage biopharmaceutical business Kymab in 2021. This development is expected to boost Sanofi's research and development business activities within the cartilage repair industry.
Cartilage Repair Key Market Trends
- Minimally Invasive Techniques: More and more, patients seek therapies that allow rapid recovery, less morbidity, and less pain after surgery. The success of restoring cartilage effectively with fewer incisions and rapid recovery is what appeals to procedures such as arthroscopy, biologic injections (PRP, stem cells), and microfracture surgery. Those techniques will eventually supplant more invasive and traditional operations as they continue to evolve.
- Advances in Regenerative Medicine: The new face of regenerative medicine has come in to fundamentally change the repair process of cartilage through the creation of stem cell injections, tissue engineering, and gene therapy for the repair of damaged cartilage. These therapies provide permanent cures by utilizing natural tissue function and correction of defects in cartilage. These may be next-generation therapies to revolutionize future cartilage regeneration owing to the inherent capability to provide more effective, individualized, and longer-term treatment because of continuous advancement in stem cell biology and biomaterial research.
Cartilage Repair Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, as the demand for advanced treatments such as regenerative treatments and least invasive procedures is increasing among patients, the cartilage repair industry is expected to develop significantly in the near future. However, non-cell-based modalities such as PRP and hyaluronic acid injections are also gaining popularity due to their cheaper price and less recovery time. However, cell-based modalities are going to dominate the market in the immediate future, with autologous chondrocyte transplantation one of the most promising candidates in that category. Fast development in the areas of tissue engineering and stem cell therapy have also provided much strength to the field of regenerative medicine. So, cartilage repair technologies would likely find abundant opportunities for growth and development in such a dynamic setting.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 1 billion |
| Market size value in 2031 | USD 4.38 billion |
| Growth Rate | 17% |
| Base year | 2023 |
| Forecast period | 2024–2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Cartilage Repair Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Cartilage Repair Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Cartilage Repair Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Cartilage Repair Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Cartilage Repair Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Cartilage Repair Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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