Asia Pacific Cartilage Repair Market Size & Outlook
Asia Pacific cartilage repair market, 2018-2030 (US$M)
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Asia Pacific cartilage repair market highlights
- The Asia Pacific cartilage repair market generated a revenue of USD 701.8 million in 2023.
- The market is expected to grow at a CAGR of 6.5% from 2024 to 2030.
- In terms of segment, cell based was the largest revenue generating modalities in 2023.
- Non-Cell Based is the most lucrative modalities segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 701.8 million |
| Market revenue in 2030 | USD 1,092.5 million |
| Growth rate | 6.5% (CAGR from 2023 to 2030) |
| Largest segment | Cell based |
| Fastest growing segment | Non-Cell Based |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cell Based, Non-Cell Based |
| Key market players worldwide | B. Braun, Zimmer Biomet Holdings Inc, Stryker Corp, Becton Dickinson & Co, Anika Therapeutics Inc, Smith & Nephew PLC, Vericel Corp, Johnson & Johnson, Medacta Group SA Ordinary Shares, Collagen Solutions, Arthrex |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 15.8% of the global cartilage repair market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,092.5 million by 2030.
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Cartilage Repair Market Scope
Cartilage Repair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific cartilage repair market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cartilage repair market will help companies and investors design strategic landscapes.
Cell based was the largest segment with a revenue share of 80.42% in 2023. Horizon Databook has segmented the Asia Pacific cartilage repair market based on cell based, non-cell based covering the revenue growth of each sub-segment from 2018 to 2030.
Emerging countries of this region are contributing for majority of the revenue share of Asia Pacific cartilage repair market. Presence of a large target population, advanced healthcare infrastructure, and supportive government policies are anticipated to result in the highest growth of the region in the near future.
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Target buyers of Asia Pacific cartilage repair market databook
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Our clientele includes a mix of cartilage repair market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific cartilage repair market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cartilage repair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific cartilage repair market size, by country, 2018-2030 (US$M)
Asia Pacific Cartilage Repair Market Outlook Share, 2023 & 2030 (US$M)
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