Middle East & Africa Cartilage Repair Market Size & Outlook
Middle East & Africa cartilage repair market, 2018-2030 (US$M)
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MEA cartilage repair market highlights
- The MEA cartilage repair market generated a revenue of USD 95.9 million in 2023.
- The market is expected to grow at a CAGR of 4.6% 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, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 95.9 million |
| Market revenue in 2030 | USD 131.1 million |
| Growth rate | 4.6% (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, MEA region accounted for 2.2% 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 |
|---|
Middle East & Africa 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 80.4% in 2023. Horizon Databook has segmented the Middle East & Africa cartilage repair market based on cell based, non-cell based covering the revenue growth of each sub-segment from 2018 to 2030.
Rising incidences of knee-related disorders in this region is driving the cartilage repair/regeneration market. Increasing incidence of road accidents is one of the major causes of cartilage damage in this region, and this is expected to boost the market in this region over the forecast period.
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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 continent-level data and insights on the Middle East & Africa cartilage repair market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa cartilage repair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA cartilage repair market size, by country, 2018-2030 (US$M)
Middle East & Africa Cartilage Repair Market Outlook Share, 2023 & 2030 (US$M)
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