South Korea Cartilage Repair Market Size & Outlook
South Korea cartilage repair market, 2018-2030 (US$M)
Related Markets
South Korea cartilage repair market highlights
- The South Korea cartilage repair market generated a revenue of USD 57.4 million in 2023 and is expected to reach USD 88.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.4% 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 57.4 million |
| Market revenue in 2030 | USD 88.5 million |
| Growth rate | 6.4% (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, South Korea accounted for 1.3% 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 Asia Pacific, China cartilage repair market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 288.8 million by 2030.
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Cartilage Repair Market Scope
Cartilage Repair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 79.79% in 2023. Horizon Databook has segmented the South Korea cartilage repair market based on cell based, non-cell based covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Cartilage Repair Modalities Outlook (Revenue, USD Million, 2018-2030)
- Cell Based
- Non-Cell Based
- South Korea Cartilage Repair Application Outlook (Revenue, USD Million, 2018-2030)
- Hyaline Cartilage
- Fibrocartilage
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Target buyers of South Korea 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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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 country-level data and insights on the South Korea cartilage repair market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cartilage repair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea cartilage repair market size, by modalities, 2018-2030 (US$M)
South Korea Cartilage Repair Market Outlook Share, 2023 & 2030 (US$M)
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