Cartilage Repair/ Cartilage Regeneration

Cartilage Repair/ Cartilage Regeneration

Global Cartilage Repair/ Cartilage Regeneration Market to Reach $1.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Cartilage Repair/ Cartilage Regeneration estimated at US$592.3 Million in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at aCAGR of 12.9% over the period 2020-2027. Cell-based, one of the segments analyzed in the report, is projected to record 13.4% CAGR and reach US$1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Cell based segment is readjusted to a revised 11.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $174.9 Million, While China is Forecast to Grow at 12.3% CAGR

The Cartilage Repair/ Cartilage Regeneration market in the U.S. is estimated at US$174.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$240.9 Million by the year 2027 trailing a CAGR of 12.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.4% and 10.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.3% CAGR.

Select Competitors (Total 41 Featured) -

• Anika Therapeutics SRL
• Anika Therapeutics, Inc.
• Arthrex, Inc.
• B. Braun Melsungen AG
• Collagen Solutions PLC
• ConMed Corporation
• DePuy Synthes
• Osiris Therapeutics, Inc.
• RTI Surgical, Inc.
• Smith & Nephew PLC
• Stryker Corporation
• Vericel Corporation
• Zimmer Biomet Holdings, Inc.

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