ASIA PACIFIC CARTILAGE REPAIR MARKET FORECAST 2021-2028

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ASIA PACIFIC CARTILAGE REPAIR MARKET FORECAST 2021-2028

The Asia Pacific cartilage repair market growth is set to evolve at a CAGR of 16.84% during the forecast period, 2021-2028. The rising demand for orthopedic devices, the dense population base, and the growing incidence of osteoarthritis and joint-related diseases, propel the market growth in the region. The Asia Pacific cartilage repair market growth analysis entails the evaluation of India, South Korea, Japan, China, Australia & New Zealand, Vietnam, Indonesia, Thailand, and the rest of Asia Pacific.

ASIA PACIFIC CARTILAGE REPAIR MARKET FORECAST 2021-2028

Asia Pacific Cartilage Repair Market by Product (Cell-based, Non-cell-based) by Modality (Osteochondral Allograft, Microfracture & Chondroplasty, Juvenile, Allograft Fragment, Autologous Chondrocyte Implantation) by Type (Hyaline Cartilage, Fibrocartilage) by Application (Knee, Other Applications) by End-user (Hospital & Clinic, Ambulatory Surgical Center, Other End-users) and by Geography.

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The Asia Pacific cartilage repair market growth is set to evolve at a CAGR of 16.84% during the forecast period, 2021-2028. The rising demand for orthopedic devices, the dense population base, and the growing incidence of osteoarthritis and joint-related diseases, propel the market growth in the region.
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The Asia Pacific cartilage repair market growth analysis entails the evaluation of India, South Korea, Japan, China, Australia & New Zealand, Vietnam, Indonesia, Thailand, and the rest of Asia Pacific. China encompasses a rapidly growing aging population. This forms a potential patient pool for orthopedic surgeries. According to an article, the elderly population is set to rise by 30% in 2040, with fertility rates continuing to remain low. The country, with a huge population base and a fast-growing economy, is a conducive market. This provides the pharmaceutical industry with a manufacturing base. Also, R&D is on the rise, which further promotes market growth.

In South Korea, the demand for cartilage repair products is rising, given the fast-paced R&D. For instance, the demonstration of knee cartilage regeneration by Korean researchers using stem cells delivered by a magnet-controlled microrobot achieved success, according to an article in 2020. Moreover, the increasing geriatric population, and the rapid epidemiological transition resulting in high rates of premature deaths, are among the other important drivers of market growth in South Korea.

Stryker Corporation is a medical technology company that supplies a varied range of innovative products and services in medical and surgical, orthopedics, spine products, and neurotechnology. The product portfolio of the company also includes neurovascular & spinal devices and orthopedic implants. The company has its operations in the US, Asia Pacific, EMEA, Latin America, and Canada, with its headquarters in Kalamazoo, Michigan, the US.

 

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    •    KEY DRIVERS
      • SURGE IN GERIATRIC POPULATION
      • RISING INJURIES RELATED TO SPORTS
      • INCREASING PREVALENCE OF OBESITY
    •    KEY RESTRAINTS
      • LACK OF FAVORABLE REGULATORY ENVIRONMENT
      • HIGH TREATMENT COSTS ASSOCIATED WITH CARTILAGE REPAIR PROCEDURES
  1. KEY ANALYTICS
    •    PORTER’S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRY
      • THREAT OF SUBSTITUTION
      • BUYER’S POWER
      • SUPPLIER’S POWER
      • COMPETITIVE RIVALRY
    • IMPACT OF COVID-19 ON CARTILAGE REPAIR MARKET
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • KEY INVESTMENT INSIGHTS
  2. MARKET BY PRODUCT
    • CELL-BASED
    • NON-CELL-BASED
  3. MARKET BY MODALITY
    • OSTEOCHONDRAL ALLOGRAFT
    • MICROFRACTURE & CHONDROPLASTY
    • JUVENILE ALLOGRAFT FRAGMENT
    • AUTOLOGOUS CHONDROCYTE IMPLANTATION
  4. MARKET BY TYPE
    • HYALINE CARTILAGE
    • FIBROCARTILAGE
  5. MARKET BY APPLICATION
    • KNEE
    • OTHER APPLICATIONS
  6. MARKET BY END-USER
    • HOSPITAL & CLINIC
    • AMBULATORY SURGICAL CENTER
    • OTHER END-USERS
  7. GEOGRAPHICAL ANALYSIS
    •    ASIA PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • AUSTRALIA & NEW ZEALAND
        • THAILAND
        • INDONESIA
        • VIETNAM
        • REST OF ASIA PACIFIC
  1. COMPETITIVE LANDSCAPE
    •    KEY STRATEGIC DEVELOPMENTS
      • MERGER & ACQUISITIONS
      • PRODUCT LAUNCH & DEVELOPMENTS
      • PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
      • BUSINESS EXPANSION/ APPROVAL/ ANNOUNCEMENT
    •    COMPANY PROFILES
      • ARTHREX INC
      • BRAUN MELSUNGEN AG
      • CONMED CORPORATION
      • CRYOLIFE INC
      • INTEGRA LIFESCIENCES CORPORATION
      • JOHNSON & JOHNSON
      • MEDTRONIC PLC
      • ORGANOGENESIS INC
      • OSIRIS THERAPEUTICS INC
      • RTI SURGICAL INC
      • SMITH & NEPHEW PLC
      • STRYKER CORPORATION
      • VERICEL CORPORATION
      • ZIMMER BIOMET HOLDINGS INC

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – CARTILAGE REPAIR

TABLE 2: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY PRODUCT, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 4: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY MODALITY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY MODALITY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 6: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 8: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 9: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 10: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 11: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 12: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 13: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 14: LEADING PLAYERS OPERATING IN ASIA PACIFIC CARTILAGE REPAIR MARKET

LIST OF FIGURES

FIGURE 1: PORTER’S FIVE FORCE ANALYSIS

FIGURE 2: OPPORTUNITY MATRIX

FIGURE 3: VENDOR LANDSCAPE

FIGURE 4: KEY INVESTMENT INSIGHTS

FIGURE 5: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY PRODUCT, IN 2020

FIGURE 6: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY CELL-BASED, 2021-2028 (IN $ MILLION)

FIGURE 7: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY NON-CELL-BASED, 2021-2028 (IN $ MILLION)

FIGURE 8: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY MODALITY, IN 2020

FIGURE 9: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY OSTEOCHONDRAL ALLOGRAFT, 2021-2028 (IN $ MILLION)

FIGURE 10: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY MICROFRACTURE & CHONDROPLASTY, 2021-2028 (IN $ MILLION)

FIGURE 11: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY JUVENILE ALLOGRAFT FRAGMENT, 2021-2028 (IN $ MILLION)

FIGURE 12: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY AUTOLOGOUS CHONDROCYTE IMPLANTATION, 2021-2028 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY TYPE, IN 2020

FIGURE 14: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY HYALINE CARTILAGE, 2021-2028 (IN $ MILLION)

FIGURE 15: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY FIBROCARTILAGE, 2021-2028 (IN $ MILLION)

FIGURE 16: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY APPLICATION, IN 2020

FIGURE 17: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY KNEE, 2021-2028 (IN $ MILLION)

FIGURE 18: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 19: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY END-USER, IN 2020

FIGURE 20: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY HOSPITAL & CLINIC, 2021-2028 (IN $ MILLION)

FIGURE 21: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY AMBULATORY SURGICAL CENTER, 2021-2028 (IN $ MILLION)

FIGURE 22: ASIA PACIFIC CARTILAGE REPAIR MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)

FIGURE 23: ASIA PACIFIC CARTILAGE REPAIR MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)

FIGURE 24: CHINA CARTILAGE REPAIR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 25: JAPAN CARTILAGE REPAIR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 26: INDIA CARTILAGE REPAIR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 27: SOUTH KOREA CARTILAGE REPAIR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 28: AUSTRALIA & NEW ZEALAND CARTILAGE REPAIR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 29: THAILAND CARTILAGE REPAIR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 30: INDONESIA CARTILAGE REPAIR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 31: VIETNAM CARTILAGE REPAIR MARKET, 2021-2028 (IN $ MILLION)

FIGURE 32: REST OF ASIA PACIFIC CARTILAGE REPAIR MARKET, 2021-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    •    ASIA PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • AUSTRALIA & NEW ZEALAND
        • THAILAND
        • INDONESIA
        • VIETNAM
        • REST OF ASIA PACIFIC
  1. MARKET BY PRODUCT
    • CELL-BASED
    • NON-CELL-BASED
  2. MARKET BY MODALITY
    • OSTEOCHONDRAL ALLOGRAFT
    • MICROFRACTURE & CHONDROPLASTY
    • JUVENILE ALLOGRAFT FRAGMENT
    • AUTOLOGOUS CHONDROCYTE IMPLANTATION
  3. MARKET BY TYPE
    • HYALINE CARTILAGE
    • FIBROCARTILAGE
  4. MARKET BY APPLICATION
    • KNEE
    • OTHER APPLICATIONS
  5. MARKET BY END-USER
    • HOSPITAL & CLINIC
    • AMBULATORY SURGICAL CENTER
    • OTHER END-USERS

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