U.S. Cartilage Repair Market Size & Outlook, 2023-2030
U.S. cartilage repair market, 2018-2030 (US$M)
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U.S. cartilage repair market highlights
- The U.S. cartilage repair market generated a revenue of USD 1,912.1 million in 2023 and is expected to reach USD 2,706.0 million by 2030.
- The U.S. 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 1,912.1 million |
| Market revenue in 2030 | USD 2,706.0 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, U.S. accounted for 43.0% 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 North America, U.S. cartilage repair market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 368.9 million by 2030.
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Cartilage Repair Market Scope
Cartilage Repair Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 80.85% in 2023. Horizon Databook has segmented the U.S. cartilage repair market based on cell based, non-cell based covering the revenue growth of each sub-segment from 2018 to 2030.
In the U.S., a larger number of knee inserts are performed in clinics instead of hospitals. This trend is expected to continue over the forecast period. Highly developed healthcare infrastructure coupled with high adoption of advanced treatment is primarily boosting the U.S. market.
In addition, presence of a large target population owing to a large number of sports injuries and presence of geriatric population prone to orthopedic disorders is propelling the market. Moreover, presence of key players in the U.S., such as Zimmer Biomet and Stryker Corporation, is contributing to the highest revenue generation in the U.S.
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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 U.S. cartilage repair market , including forecasts for subscribers. This country databook contains high-level insights into U.S. cartilage repair market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. cartilage repair market size, by modalities, 2018-2030 (US$M)
U.S. Cartilage Repair Market Outlook Share, 2023 & 2030 (US$M)
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