Global Polyvinyl Alcohol Fibers Market Growth, Future Opportunities And Forecast

Posted by rekha on October 23rd, 2019

The global knee cartilage repairing market is expected to reach US$ 7,098.2 Mn by 2025. Cartilage is the rubbery and soft material present in bone joints and precludes the friction between the bones. The aspects which are streaming the growth of global knee cartilage repairing market are increasing elderly population, rising incidence of sports injuries, and upsurge in the obese population. According to World Health Organization around 1.25 million people die each year in road accidents globally and more than 3.5 Mn athletes receives treatment due to sports injuries every year as per American Orthopedic Society for Sports Medicine. Moreover, the increasing prevalence of osteoarthritis, osteoporosis, and other bone disorders are leading the growth of knee cartilage repairing market over the coming period. Furthermore, advancements in the technology, accumulative demand for minimally invasive surgical products, and the upsurge in number of accidents are the vital factors heightening the growth of global knee cartilage repairing market. On the contrary, the high cost of the treatment and disapproving compensation scenario are the chief limiting factors of the global knee cartilage repairing market. Complications regarding the cartilage repair surgeries are also projected to hinder the growth of global knee repairing market over the forecast period.

Global knee cartilage repairing market is segmented on the basis of treatment modality, application, procedure type, end user, and region.

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Cell Based Treatment ModalityDominate the Global Knee Cartilage Repairing Market

 Based on the treatment modality type, global knee cartilage repairing market is segmented into cell based and non-cell based approaches.The cell based approaches ruled the global knee cartilage repairing market. Technological advancements in cell-based cartilage restoration have delivered the surgeon a means to address focal cartilage lesions to restore hyaline cartilage.


North America Leads the Global Knee Cartilage Repairing Market

PBI’s global knee cartilage repairing market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America dominated the global knee cartilage repairing market through 2014-2018 and expected to dominate over 2019-2025. The aspects which are accountable for the growth of knee cartilage repairing market in the region are an escalation in geriatric population coupled with rapid degenerative changes in the knees. Additionally, the growth of the knee cartilage repairing market is partially motivated by the prolonged access to health insurance coverage in the USA. Existence of major key market players in the region coupled with the high per capita income of their people are also surging the growth of global knee cartilage repairing market in the region. After North America, Europe leads the global knee cartilage repairing market due to rising frequency of osteoporosis in France, UK and Germany. For instance, according to National Health Service (NHS), over 3 Mn people are affected by osteoporosis in the UK annually. Moreover, the presence of accomplished healthcare professionals as well as rising occurrence of bone and joint disorders is estimated to create the huge demand for knee cartilage repairing market in Europe region. Asia Pacific is also profitable region for knee cartilage repairing market’s growth owing to rise in incidence of osteoporosis in Australia and New Zealand, growing demand for elderly care, and there increasing geriatric population. As per International Osteoporosis Foundation (IOF) 2.2 million Australians are affected by osteoporosis. Latin America and Middle East & Africa region are anticipated to propel the demand for cartilage repair products during the forecast years owing to upsurge in obese (overweight) population.

Launch of newer treatment modalities, mergers, collaborations, and strategic alliances are the key strategies adopted by market players

Global knee cartilage repairing market further reveals that the key player’s increasingly adopting strategies such as product approvals and launch, mergers, collaboration, and long term alliance to improve market revenue share and gaining significant geographic presence across the region.

  • For instance, in January 2016, Smith & Nephew plc announced the acquisition of “BST-CarGel” from Primal Healthcare which is a first line cartilage repair product for the treatment of focal cartilage tears.
  • Additionally, In December 2016, FDA approved the autologous cultured chondrocytes on porcine collagen membrane (Maci) by Vericel corporation for symptomatic repair, full-thickness cartilage defects of knee in the adults.

Key player’s profiles in the report are Medtronic (USA), Biomet, Inc. (Zimmer Biomet Inc.) (USA), ConMed Corporation (USA), Depuy Synthes (Johnson and Johnson Services, Inc.) (USA), Arthrex, Inc. (USA), Smith & Nephew PLC (UK), LifeNet Health, Inc. (USA), Primal Healthcare (Canada), Anika Therapeutics, Inc. (USA), Stryker Corporation (USA), and Vericel Corporation (USA).

Precision Business Insights (PBI) in its report titled “Global Knee Cartilage Repairing Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

Detailed Segmentation


By Treatment Modality

  • Cell Based Approaches

o   Chondrocyte Transplantation

o   Growth Factor Technology

o   Stem Cells

  • Non-cell Based Approaches

o   Tissue Scaffolds

o   Cell-free Composites


By Application

  • Hyaline Cartilage
  • Fibrocartilage


By Procedure Type

  • Arthroscopic Chondroplasty
  • Osteochondral Grafts Transplantation
  • Autologous Chondrocyte
  • Implants Transplant
  • Cell-based Cartilage Resurfacing
  • Microfracture
  • Others


By End User

  • Hospital & Clinics
  • Ambulatory Surgical Centers
  • Orthopedic Clinics




o     North America

  • USA
  • Canada

o     Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

o     Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

o     Latin America

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

o     Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

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Joined: July 26th, 2019
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