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Exploring Emerging Technologies in Cartilage Repair Market

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The global Cartilage Repair/Cartilage Regeneration Market is projected to reach USD 2.8 billion by 2028 from USD 1.3 billion in 2023, at a CAGR of 17.2% during the forecast period. Growth in this market is mainly driven by the increasing prevalence of osteoarthritis, the increasing number of sports and accident-related orthopedic injuries and technological advancements cartilage repair market.

The Cartilage Repair/Cartilage Regeneration Market is consolidated and is dominated by various players. The major players operating in this market are Smith+Nephew (UK), DePuy Synthes (Johnson & Johnson) (US), Zimmer Biomet Holdings, Inc.(US), Stryker Corporation (US) and Vericel Corporation (US). These include product launches, contracts, partnerships, mergers and acquisitions, and new product development activities to further expand their presence in the Cartilage Repair/Cartilage Regeneration Market.

Cartilage Repair Market Size, Share, Trends and Revenue Forecast [Latest]
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Cartilage Repair Market Size, Share, Trends and Revenue Forecast [Latest]

The global cartilage repair market in terms of revenue was estimated to be worth $1.3 billion in 2023 and is poised to reach $2.8 billion by 2028, growing at a CAGR of 17.2% from 2023 to 2028.