- Cell Based Approaches
- Chondrocyte Transplantation
- Growth Factor Technology
- Stem Cells
- Non-cell Based Approaches
- Tissue Scaffolds
- Cell-free Composites
Knee Cartilage Repairing Market size was valued at USD 3.8 billion in 2021 and is expected to grow at a CAGR of 4.9% from 2022 to 2028. Cartilage is the rubbery and soft material present in bone joints and prevents the friction between the bones. The Knee cartilage repairing market available in the market include fibrocartilage, articular cartilage, and elastic cartilage. knee Cartilage damage mainly occurs due to the osteoarticular disease, various physiological conditions, and accidents. Damage to the cartilage restricts normal movements of the knee causing pain and often occurs after traumatic and twisting injuries of the knee. Knee cartilage repair is beneficial for the conditions like delayed unions, slow healing wounds, and malunions. Knee cartilage repairing market is growing at a significant CAGR due to the increase in the geriatric population. The increase in obese population, rising incidence of sports injuries, osteoarthritis, and chondrodystrophic leading are the major factors driving the growth of the market over the forecast period. Technological advancements, the rise in number of accidents & related injuries and increasing demand for minimally invasive surgical products are the key factors boosting the growth of the market. However, the high cost of therapy and unfavourable reimbursement scenario are the major restraining factors of the market. Complexities of cartilage repair surgeries are also expected to hamper the growth of knee repairing market over the forecast period. Key Developments: In December 2016, FDA approved the autologous cultured chondrocytes on porcine collagen membrane (Maci) by Vericel corporation for symptomatic repair, full-thickness cartilage defects of knee in the adults In September 2014, DePuy Synthes inked an agreement with Blue Belt Technologies, Inc to access the Sigma HP partial knee on Navio surgical system
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Rising incidence and prevalence of obesity and diabetes is expected to propel the knee cartilage repairing market over the forecast period. According to the American Heart Association (AHA), the global geriatric population may be increased to 20% of the total population by 2030 which is expected to boost the cartilage repair market over the forecast period. Increase in the road accidents (according to World Health Organization, approximately 1.25 million people die each year in road accidents worldwide), and sports-related injuries (according to American Orthopaedic Society for Sports Medicine, more than 3.5 Mn athletes has received treatment due to sports injuries every year) are expected to fuel the knee cartilage repairing market over the forecast period. Developing technology in the knee cartilage repairing treatment also fuel the growth of the market. For instance, the German firm Amedrix GmbH has developed the minimally invasive surgical procedure for the treatment of cartilage defects.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.