The global cartilage repair market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period. Over the years, osteoarthritis has become more common around globe. According to the Arthroscopy, Sports Medicine, and Rehabilitation, cartilage injuries incidents were 11, at 0.08 per 1,000 GE. The surge in road accidents and sports-related injuries globally is set to contribute to the demand for cartilage repair products. According to the National Safety Council (NSC), in 2022 exercise equipment accounted for an estimated 445,642 injuries, the most in any sports and recreation category.
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As a result of the rising government investments in regenerative medicine for cartilage regeneration research, the number of companies focusing on the development of cartilage regeneration products has increased significantly over the last few years. As a result of these factors, major players in this market are making significant investments in R&D, resulting in a strong pipeline of products based on various approaches to cartilage repair. Further, the rising number of FDA approvals are also contributed to propel the adoption of cartilage repair. In March 2022, CartiHeal Ltd, developer of implants for the treatment of cartilage and osteochondral defects in arthritic and non-arthritic knee-joints, today announced that the U.S. Food and Drug Administration (FDA) has granted Premarket Approval (PMA) for its Agili-C™ implant. The implant is indicated for the treatment of an International Cartilage Repair Society (ICRS) grade III or above knee-joint surface lesion(s), with a total treatable area of 1-7cm2, without severe osteoarthritis (Kellgren-Lawrence grade 0-3).
Global Cartilage Repair Market Report Segment
By Modality
- Cell Based
- Non-Cell Based
By Application Site
- Ankle and Foot
- Knee
- Hip
By Application
- Hyaline Cartilage
- Fibrocartilage
By End-user
- Hospitals
- Ambulatory Surgical Centers
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Cartilage Repair Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
· Anika Therapeutics, Inc.
· Arthrex, Inc
· Auxein Inc.,
· CartiHeal Ltd.,
· Japan MDM, Inc.,
· JRI Orthopaedics Ltd.,
· Medacta International
· Medical Device Business Services, Inc.,
· MEDIPOST Co., Ltd.
· Meril Life Sciences Pvt. Ltd
· Osiris Therapeutics, Inc.,
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