Brazil Cartilage Repair Market Size & Outlook, 2023-2030
Brazil cartilage repair market, 2018-2030 (US$M)
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Brazil cartilage repair market highlights
- The Brazil cartilage repair market generated a revenue of USD 101.4 million in 2023 and is expected to reach USD 144.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.1% 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.
Cartilage repair market data book summary
| Market revenue in 2023 | USD 101.4 million |
| Market revenue in 2030 | USD 144.0 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Cell based |
| Fastest growing segment | Non-Cell Based |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Brazil accounted for 2.3% of the global cartilage repair market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico cartilage repair market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 181.2 million by 2030.
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Cartilage Repair Market Scope
Cartilage Repair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil 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 80.87% in 2023. Horizon Databook has segmented the Brazil cartilage repair market based on cell based, non-cell based covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil has a relatively developed healthcare infrastructure and defined regulatory framework than other countries of Latin America. As a result, most of the advanced healthcare facilities are available in the country at a lower price, thereby making it the most attractive destination for medical tourism. Thus, patients from Europe and North America suffering from cartilage disorders are likely to travel to Brazil for the treatment. As a result, the demand for cartilage repair treatment in Brazil is expected to rise in the near future.
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Our clientele includes a mix of cartilage repair market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil cartilage repair market , including forecasts for subscribers. This country databook contains high-level insights into Brazil cartilage repair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil cartilage repair market size, by modalities, 2018-2030 (US$M)
Brazil Cartilage Repair Market Outlook Share, 2023 & 2030 (US$M)
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