According to our new research study on " Knee Cartilage Repair Service Market Forecast to 2030 - Global Analysis - Procedure Type, and End User," the knee cartilage repair service market size was valued at US$ 0.222 billion in 2022 and is expected to reach US$ 0.344 billion by 2030. It is estimated to register a CAGR of 5.5% during 2020-2030.
Knee cartilage repair is a type of treatment for knee preservation. The knee cartilage damage usually occurs in younger people (less than 50 years) as a result of twisted knee, smashed kneecap, or fractured knee. Cartilage may wear down over time as part of natural aging for the people over 50. Knee cartilage repair depends on factors including the depth, size, and location of the torn knee cartilage, associated knee injuries, patient’s activity level, and patient’s weight and age. Although a few cartilage injuries can be treated non-operatively, a surgical knee cartilage treatment is commonly recommended in cases with a focal cartilage defect. The most common knee cartilage repair procedures are microfracture and chondroplasty.
3D printing technologies are gaining a lot of attention in the medical sector. Technological advancements have allowed 3D bioprinting (3DBP) for cartilage as the 3D printing technology allows precise control of internal architecture and geometry of printed scaffolds and has shown promising strategies in cartilage restoration. However, more research is required to accept 3D printing for cartilage. 3D printing requires bioinks with proper chemical and mechanical properties that play vital roles in designing successful cartilage tissue constructs. Extrusion-based, digital-light processing, and drop-on-demand inkjet techniques are used in cartilage repair that uses novel bioinks. The above-mentioned techniques have been associated with several advantages and disadvantages. The advantages and disadvantages are given in the table below.
At present, 3D bioprinting is highly used in articular cartilage repair, which generally cannot self-regenerate as it lacks vessels and nerves. Thus, considering the advantages of the 3D-printing and the constant improvement in the technologies for cartilage repair using novel bioinks, 3D bioprinting is likely to become a promising therapy for clinical use soon, and can leverage the market's growth.
SportsMD.com, National Center for Biotechnology Information are a few of the major secondary sources referred to while preparing the report on the knee cartilage repair service market.
Reasons to Buy
Knee cartilage repair is a type of treatment for knee preservation. The knee cartilage damage usually occurs in younger people (less than 50 years) as a result of twisted knee, smashed kneecap, or fractured knee. Cartilage may wear down over time as part of natural aging for the people over 50. Knee cartilage repair depends on factors including the depth, size, and location of the torn knee cartilage, associated knee injuries, patient’s activity level, and patient’s weight and age. Although a few cartilage injuries can be treated non-operatively, a surgical knee cartilage treatment is commonly recommended in cases with a focal cartilage defect. The most common knee cartilage repair procedures are microfracture and chondroplasty.
3D printing technologies are gaining a lot of attention in the medical sector. Technological advancements have allowed 3D bioprinting (3DBP) for cartilage as the 3D printing technology allows precise control of internal architecture and geometry of printed scaffolds and has shown promising strategies in cartilage restoration. However, more research is required to accept 3D printing for cartilage. 3D printing requires bioinks with proper chemical and mechanical properties that play vital roles in designing successful cartilage tissue constructs. Extrusion-based, digital-light processing, and drop-on-demand inkjet techniques are used in cartilage repair that uses novel bioinks. The above-mentioned techniques have been associated with several advantages and disadvantages. The advantages and disadvantages are given in the table below.
At present, 3D bioprinting is highly used in articular cartilage repair, which generally cannot self-regenerate as it lacks vessels and nerves. Thus, considering the advantages of the 3D-printing and the constant improvement in the technologies for cartilage repair using novel bioinks, 3D bioprinting is likely to become a promising therapy for clinical use soon, and can leverage the market's growth.
By End User, Knee Cartilage Repair Service Market -Based Insights
Based on end user, the knee cartilage repair service market is divided into hospitals, ambulatory surgical centers, and orthopedic clinics. The hospitals segment held the largest share of the market in 2022. The same segment is anticipated to register the highest CAGR in the market during 2022-2030. The hospitals segment is the largest end user segment in the knee cartilage repair service market. The segment's growth is attributed to the increased number of procedures for knee injuries and other orthopedic treatments. Hospitals provide treatment with specialized nursing staff and medical equipment.SportsMD.com, National Center for Biotechnology Information are a few of the major secondary sources referred to while preparing the report on the knee cartilage repair service market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MENA knee cartilage repair service market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the MENA knee cartilage repair service market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth MENA knee cartilage repair service market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
1. Introduction
3. Research Methodology
4. MENA Knee Cartilage Repair Service Market - Market Landscape
5. MENA Knee Cartilage Repair Service Market
6. MENA Knee Cartilage Repair Service Market - Regional Analysis
7. MENA Knee Cartilage Repair Service Market - Revenue and Forecast to 2030 - by Procedure Type
8. MENA Knee Cartilage Repair Service Market - Revenue and Forecast to 2030 - by End User
9. MENA Knee Cartilage Repair Service Market - Revenue and Forecast to 2030 - Geographic Analysis
10. Pre and Post COVID-19 Impact
11. MENA Knee Cartilage Repair Service Market Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
- Arthrex Inc
- DePuy Synthes Inc
- Zimmer Biomet Holdings Inc
- Medacta Group SA
- Anika Therapeutics Inc
- Conmed Corp
- Stryker Corp
- CartiHeal Inc
- Smith & Nephew Plc
- B. Braun SE.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 83 |
Published | September 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 0.22 Billion |
Forecasted Market Value ( USD | $ 0.34 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 10 |