5 Takeaways From The Regenerative Medicine For Cartilage Market Overview 2023
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
According to The Business Research Company’s Regenerative Medicine For Cartilage Global Market Report 2023, the regenerative medicine for cartilage market is expected to show promising growth in the forecast period.
Five Key insights from the forecast include:
- Market Size – The global regenerative medicine for cartilage market size is expected to grow from $5.28 billion in 2022 to $5.82 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The regenerative medicine for cartilage market size is expected to grow to $7.72 billion in 2027 at a CAGR of 7.3%.
- Major Driver – The increasing prevalence of osteoarthritis around the world will increase the market for cartilage regenerative therapy.
- Key Trend – Tissue engineering and stem cell therapy are two new regenerative medicine developments for the cartilage market. The advancement of tissue engineering techniques has given hope for cartilage regeneration. With its advantages over traditional orthopaedic therapies, stem cell therapy is gaining popularity. Stem cell therapy alleviates knee discomfort and promotes cartilage regeneration and repair
- Largest Region – Europe was the largest region in the regenerative medicine for cartilage market in 2022.
- Major Players – Major players in the regenerative medicine for cartilage market are B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Vericel Corporation, Stryker Corporation, Smith & Nephew PLC, Arthrex Inc.
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Key Regenerative Medicine For Cartilage Market Segments
The global regenerative medicine for cartilage market is segmented –
1) By Treatment Modality: Cell-Based, Non-Cell-Based
2) By Treatment Type: Palliative, Intrinsic Repair Stimulus, Other Treatment Types
3) By Site: Knee Cartilage Repair, Ribs, Other Sites
4) By Application: Hyaline Cartilage Repair and Regeneration, Elastic Cartilage Repair and Regeneration, Fibrous Cartilage Repair and Regeneration
5) By End-Use: Ambulatory Surgical Centers, Hospitals & Clinics, Surgical Centers, Other End-Users
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Regenerative medicine for cartilage refers to a medication used during surgery to restore damaged cartilage in the knees by using body-produced cartilage-creating cells. A biopsy is necessary to harvest chondrocytes (cartilage-producing cells), which are then multiplied in a lab before being transplanted into the wounded area during surgery.
The Regenerative Medicine For Cartilage Global Market Report 2023 offers a comprehensive overview on the regenerative medicine for cartilage market size, growth rate, trends and drivers, opportunities, strategies, and competitor landscape. The countries covered in the regenerative medicine for cartilage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The Table Of Content For The Regenerative Medicine For Cartilage Market Include:
1. Regenerative Medicine For Cartilage Market Executive Summary
2. Regenerative Medicine For Cartilage Market Segments
3. Regenerative Medicine For Cartilage Market Size And Regenerative Medicine For Cartilage Market Growth Rate
4. Key Regenerative Medicine For Cartilage Market Trends
5. Major Regenerative Medicine For Cartilage Market Drivers
……
25. Key Mergers And Acquisitions In The Regenerative Medicine For Cartilage Market
26. Top Regenerative Medicine For Cartilage Companies
27. Regenerative Medicine For Cartilage Market Opportunities And Strategies
28. Regenerative Medicine For Cartilage Market, Conclusions And Recommendations
29. Appendix
View More Related Reports –
Stem Cell Global Market Report 2023
Cell Culture Global Market Report 2023
Orthopedic Regenerative Surgical Products Global Market Report 2023
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