According to a recent report by Reports and Data, the global Cartilage Repair Market is projected to reach USD 2,268.8 million by 2028, growing at a CAGR of 14.5% during the forecast period. The growth of the market is primarily attributed to the increasing incidence of joint injuries due to obesity, sports injuries, accidents, and other medical conditions.

Cartilage repair surgery is typically required by young adults and athletes suffering from knee joint injuries, such as meniscal or ligament tears. Since cartilage healing is a slow process, procedures like autologous chondrocyte implantation and cell-based cartilage resurfacing are used to promote the growth of new cartilage in joints. Cartilage repair and restoration provides significant relief from pain and allows better joint movement, helping to delay or prevent the onset of arthritis.

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Compared to other tissues in the body, cartilage has limited potential to heal itself or support donor cartilage because of its poor blood supply. It is a connective tissue found in various parts of the body, especially in joints. Major players are investing in the research and development of better solutions for cartilage regeneration and repair as degeneration of meniscus tissue affects a large number of patients globally.

Researchers have recently developed 3D technology that can bio-print a 3D hybrid tissue constructed for regenerating cartilage using specialized bio-inks. These inks comprise hydrogels that help develop a new formulation that creates a cell-friendly microenvironment and provides structural integrity.

The high cost associated with cartilage repair surgeries and a shortage of skilled surgeons could hinder market revenue growth over the forecast period. The report identifies that the fibrocartilage segment accounted for a significantly large revenue share in 2020, while the cell-based segment accounted for the largest revenue share.

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North America accounted for the largest revenue share in 2020, driven by increasing investments in research and development of cutting-edge cartilage repair procedures, rising prevalence of obesity, and increasing healthcare spending. The presence of various major players in the region is also boosting revenue growth.

Some of the leading companies in the global cartilage repair market include Zimmer Biomet, Stryker Corporation, DePuy Synthes, Smith & Nephew PLC, Vericel Corporation, Osiris Therapeutics Inc., B. Braun Melsungen AG, Anika Therapeutics Inc., Arthrex Inc., and Collagen Solutions PLC.

The report segments the global cartilage repair market based on treatment modality, application, treatment type, end use, and region. Treatment modalities include cell-based, non-cell-based, and growth factor technology, while applications include hyaline, fibrocartilage, elastic cartilage, and others. Treatment types include palliative, viscosupplementation, debridement & lavage, intrinsic repair stimulus, and others, while end-use includes hospitals, clinics, ambulatory surgical centers, and others.

In conclusion, the global cartilage repair market is expected to experience significant growth over the forecast period, driven by the increasing incidence of joint injuries and the development of advanced technologies for cartilage regeneration and repair. However, the high cost associated with cartilage repair surgeries and the shortage of skilled surgeons could pose challenges to the growth of the market.

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