The global knee cartilage repairing market size was valued at USD 3.8 billion in 2021 and is poised to grow at a significant CAGR of 4.9% during the forecast period 2022-28. Knee cartilage restoration is a procedure that involves repairing frayed and shredded cartilage while also smoothing the tissue’s remaining surface. Cartilage protects the ends of the bones and smooths joint movement. Medical imaging and clinical examination are used to diagnose knee cartilage degeneration. Damage to the cartilage in the rear of the kneecap and the bottom of the femur is common. Patients with congenital defects, hormonal imbalances, or sports injury or trauma may benefit from knee cartilage restoration.
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The global knee cartilage repairing market segmentation:
1) By Treatment Modality: Cell-Based Approaches, Non-cell Based Approaches.
2) By Application: Hyaline Cartilage, Fibrocartilage.
3) By Procedure Type: Arthroscopic Chondroplasty, Osteochondral Grafts Transplantation, Autologous Chondrocyte, Implants Transplant, Cell-based Cartilage Resurfacing, Microfracture, Others.
4) By End-User: Hospitals, Orthopaedic Clinics, Ambulatory Surgical Centres
In the future years, the global knee cartilage repair market is predicted to rise at a rapid pace. The primary element driving the growth of the knee cartilage repair market is the rising prevalence of neuromuscular disorders among the population, as well as the rising prevalence of bone and joint concerns such as osteoarthritis (OA) or joint inflammation. Due to an unhealthy lifestyle, the prevalence of OA is increasing. This leads to health issues such as obesity and necessitates the employment of cutting-edge cartilage restoration treatments. The expansion of the knee cartilage repair market is accelerated as a result of this. The rise in the number of road accidents and sports-related injuries worldwide, as well as the rate of development in head injuries incurred in leisure activities such as bicycling, skating, or skateboarding, all contribute to the knee cartilage repair market’s growth.
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Owing to the increased frequency of joint problems such as osteoarthritis, the cell-based sector in the North American region is predicted to develop at the fastest pace during the forecast period of 2021 to 2028. Due to increased research and development for the knee cartilage repair market in the United States, the cell-based therapy sector is dominating the North American market.
The knee cartilage repairing market key players are Medtronic (U.S.) Zimmer Biomet Inc.) (U.S.) ConMed Corporation (U.S.) Depuy Synthes (Johnson and Johnson Services, Inc.) (U.S.) Arthrex, Inc. (U.S.) Smith & Nephew PLC (U.K.) LifeNet Health, Inc. (U.S.) Anika Therapeutics, Inc. (U.S.) Stryker Corporation (U.S.) Vericel Corporation (U.S.)
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