U.S. & Europe Cartilage Regeneration Market - Industry Trends and Forecast to 2031
The U.S. & EU cartilage regeneration market is expected to reach USD 1,859,291.40 thousand by 2031 from USD 669,950.40 thousand in 2023, growing at a CAGR of 15.7% during the forecast period of 2024-2031.
Market SegmentationU.S. & EU Cartilage Regeneration Market, By Type (Hyaline Cartilage, Fibro Cartilage, and Elastic Cartilage), Treatment Modality (Cell-Based and Non-Cell Based), Treatment Type (Intrinsic Repair Stimulus and Palliative), Application Site (Knee, Hip, Ankle, Spine, and Others), Surgical Procedure (Osteochondral Transplantation, Autologous Chondrocyte Implantation, Matrix Autologous Cartilage Implantation (MACI), Chondroplasty and Microfracture, Osteotomy, Arthroscopy, Abrasion Arthroplasty, Juvenile Allograft Fragments, and Others), End User (Hospitals and Clinics, Academic and Research Institutes, Ambulatory Surgical Centers, Orthocenters, and Others), Country ( U.S., Germany, U.K, France, Italy, Spain, Russia, Poland, Switzerland, Netherlands, Turkey, Sweden, Belgium, Denmark, Finland, Norway, and rest of Europe) - Industry Trends and Forecast to 2031
Overview of the U.S. & EU Cartilage Regeneration Market Dynamics
Drivers
• Rising prevalence of osteoarthritis
• Rising investments in research and development activities
Restraint
• Poor reimbursement scenario
Opportunity
• lack of trained and experienced professionals
Market PlayersSome of the major companies operating in the U.S. & Europe cartilage regeneration market are:• Zimmer Biomet (U.S.)
• Vericel Corporation. (U.S.)
• Arthrex, Inc. (U.S.)
• CONMED Corporation. (U.S.)
• RTI Surgical (U.S.)
• Smith+Nephew. (U.K.)
• Anika Therapeutics, Inc. (U.S.)
• Geistlich Pharma AG (Switzerland)
• AlloSource (U.S.)
• TETEC AG (Subsidiary of B. Braun SE) (Germany)
• meidrix biomedicals GmbH. (Germany)
• Bioinova, A.S. (Czech Republic)
• Lamina Therapeutics (France)
• CO.DON (Germany)
• Novartis AG (Switzerland)
• Cartilage Inc. (U.S.)
• Histogen Inc. (U.S.)
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