North America Cartilage Repair Market Size & Outlook
North America cartilage repair market, 2018-2030 (US$M)
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North America cartilage repair market highlights
- The North America cartilage repair market generated a revenue of USD 2,152.9 million in 2023.
- The market is expected to grow at a CAGR of 5.2% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,152.9 million |
| Market revenue in 2030 | USD 3,074.9 million |
| Growth rate | 5.2% (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, North America region accounted for 48.4% 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 |
|---|
North America 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 80.83% in 2023. Horizon Databook has segmented the North America cartilage repair market based on cell based, non-cell based covering the revenue growth of each sub-segment from 2018 to 2030.
North America is expected to be the fastest growing region in the cartilage repair/regeneration market. This can be attributed to the presence of a significant number of players in this market, high accessibility of cartilage repair products, increment in orthopedic techniques, and availability of different treatment modalities. Moreover, increase in obese population is expected to boost the usage of knee cartilage systems as people with higher body mass index are at a higher risk of developing orthopedic conditions.
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Target buyers of North America 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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America cartilage repair market , including forecasts for subscribers. This continent databook contains high-level insights into North America cartilage repair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America cartilage repair market size, by country, 2018-2030 (US$M)
North America Cartilage Repair Market Outlook Share, 2023 & 2030 (US$M)
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