Cartilage Repair/ Cartilage Regeneration Market 2022 | Size, Share, Growth | Global Industry Demand, Key Players Update, Opportunity, Sales and Revenue, Types and Applications and Research Methodology by Forecast to 2031

Kenneth Research recently added a report on Cartilage Repair/ Cartilage Regeneration Market in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Cartilage Repair/ Cartilage Regeneration Market along with the compound growth rate (CAGR) of the market for a projected period between 2022 and 2031. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter’s five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Cartilage Repair/ Cartilage Regeneration Market products.

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The global Cartilage Repair/ Cartilage RegenerationMarketwas valued at USD 414.5 million in 2016 and is projected to reach USD 1288.47 million by 2025, growing at a CAGR of 13.43% from 2017 to 2025.
Knee Injuries and cartilage damage are becoming more prevalent with increasing geriatric population coupled with popularity of sports and athletics. The market for the same is thus expected to grow during the forecast period.

Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Growth in Obese Population
1.2 Rising Incidence of Sport Injuries

2. Market Restraints
2.1 High Cost of Therapy
2.2 Unfavorable Reimbursement Scenario
Market Segmentation:
1. Global Cartilage Repair/ Cartilage Regeneration Market, by Application:
1.1 Hyaline Cartilage Repair and Regeneration
1.2 Fibrocartilage Repair and Regeneration

2. Global Cartilage Repair/ Cartilage Regeneration Market, by Treatment Modality:
2.1 Cell-Based Approaches
2.2 Chondrocyte Transplantation
2.3 Growth Factor Technology
2.4 Stem Cells
2.5 Non-Cell-Based Approaches
2.6 Tissue Scaffolds
2.7 Cell-Free Composites

3. Global Cartilage Repair/ Cartilage Regeneration Market, by Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Zimmer Biomet Holdings, Inc.
2. DepuySynthes (Johnson & Johnson Company)
3. Vericel Corporation
4. Smith & Nephew PLC
5. Osiris Therapeutics, Inc.
6. Arthrex, Inc.
7. RTI Surgical
8. ConmedLinvatec
9. Anika Therapeutics S. R. L.
10. B. Braun Melsungen AG
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Research study on the Cartilage Repair/ Cartilage RegenerationMarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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