The Global Regenerative Medicine For Cartilage Market Report by The Business Research Company covers regenerative medicine for cartilage market drivers and restraints, regenerative medicine for cartilage market size, major players, and the impact of COVID-19 on the regenerative medicine for cartilage market.
The regenerative medicine for cartilage market consists of sales of regenerative medicines for the cartilage by entities (organizations, sole traders, and partnerships) that have the capacity to grow muscles and organs in the lab and safely implant them when the body cannot regenerate itself, as observed for cartilage tissue after injury or wear. Only goods and services traded between entities or sold to end consumers are included.
The growing incidence of osteoarthritis across the globe will drive the market for regenerative medicine for cartilage. Osteoarthritis is a degenerative joint disorder that mostly attacks the articular cartilage.
The global regenerative medicine for cartilage market is expected to grow from $4.47 billion in 2020 to $4.83 billion in 2021 at a compound annual growth rate (CAGR) of 8.10%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $6.56 billion in 2025 at a CAGR of 7.94%.
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Some regenerative medicine for cartilage market trends include tissue engineering and stem cell therapy. The growth of tissue engineering technology has given hope for the regeneration of cartilage. Stem cell therapy is gaining attention with its advantages over traditional orthopedic treatments. Stem cell therapy helps to reduce knee pain and improves knee cartilage regeneration and repair.
Global regenerative medicine for cartilage market segments include:
1) By Treatment Modality: Cell-Based, Non-Cell-Based.
2) By Treatment Type: Palliative, Intrinsic Repair Stimulus, Others.
3) By Site: Knee Cartilage Repair, Ribs, Others.
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, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Regenerative Medicine For Cartilage Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides regenerative medicine for cartilage market overviews, analyzes and forecasts market size, share, regenerative medicine for cartilage market players, regenerative medicine for cartilage market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The regenerative medicine for cartilage market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Regenerative Medicine For Cartilage Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Vericel Corporation, Stryker Corporation, Smith & Nephew plc, Arthrex Inc., CONMED Corporation, Collagen Solutions PLC, BioTissue Technologies, CellGenix, Osiris Therapeutics Inc., DePuy Synthes.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The regenerative medicine for cartilage Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The regenerative medicine for cartilage Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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