Global Autologous Matrix-induced Chondrogenesis Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Autologous Matrix-induced Chondrogenesis Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Material (Hyaluronic Acid, Collagen, Polyethylene Glycol (PEG), Poly Lactic-co-glycolic Acid (PLGA), and Other Materials), Application (Knee Cartilage, Elbow Cartilage, and Other Applications), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Autologous Matrix-induced Chondrogenesis Market was valued at USD 193.5 million in 2023 and is expected to reach USD 374.4 million by 2031 while growing at a CAGR of 8.6% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global autologous matrix-induced chondrogenesis market growth. AMIC, a surgical technique for treating cartilage defects in joints, especially the knee, involves stimulating damaged cartilage regeneration. It combines microfracture surgery with the application of a biological scaffold or matrix.
The rising prevalence of joint disorders and continuous progress in regenerative medicine and tissue engineering is anticipated to fuel substantial growth in the autologous matrix-induced chondrogenesis market. However, challenges like high treatment costs and regulatory approvals, along with compliance issues with healthcare standards, could impede market expansion.
Furthermore, the global autologous matrix-induced chondrogenesis industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Material Analysis
The Global Autologous Matrix-induced Chondrogenesis Market is segmented among Hyaluronic Acid, Collagen, Polyethylene Glycol (PEG), Poly Lactic-co-glycolic Acid (PLGA), and Other Materials, based on Material. In 2023, Collagen accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Autologous Matrix-induced Chondrogenesis Market is segmented among Knee Cartilage, Elbow Cartilage, and Other Applications, based on Application. In 2023, Knee Cartilage accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Autologous Matrix-induced Chondrogenesis Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Anika Therapeutics, Inc., Arthro-Kinetics, B. Braun SE, CartiHeal, Geistlich Group (Geistlich Pharma AG), JRI Orthopaedics, Matricel GmbH, Smith+Nephew, Zimmer Biomet Holdings, and CONMED Corporation.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Autologous Matrix-induced Chondrogenesis Market Dynamics
Drivers
Restraints
Opportunity
4. Global Autologous Matrix-induced Chondrogenesis Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Autologous Matrix-induced Chondrogenesis Market Segmentation, By Material
Global Autologous Matrix-induced Chondrogenesis Market Share Analysis, By Material
Global Autologous Matrix-induced Chondrogenesis Market Growth Analysis, By Material
Global Autologous Matrix-induced Chondrogenesis Market Trends, By Material
o Hyaluronic Acid
o Collagen
o Polyethylene Glycol (PEG)
o Poly Lactic-co-glycolic Acid (PLGA)
o Other Materials
6. Global Autologous Matrix-induced Chondrogenesis Market Segmentation, By Application
Global Autologous Matrix-induced Chondrogenesis Market Share Analysis, By Application
Global Autologous Matrix-induced Chondrogenesis Market Growth Analysis, By Application
Global Autologous Matrix-induced Chondrogenesis Market Trends, By Application
o Knee Cartilage
o Elbow Cartilage
o Other Applications
7. Global Autologous Matrix-induced Chondrogenesis Market Segmentation, By Region
Global Autologous Matrix-induced Chondrogenesis Market Share Analysis, By Region
Global Autologous Matrix-induced Chondrogenesis Market Growth Analysis, By Region
Global Autologous Matrix-induced Chondrogenesis Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
Anika Therapeutics, Inc.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Arthro-Kinetics
B. Braun SE
CartiHeal
Geistlich Group (Geistlich Pharma AG)
JRI Orthopaedics
Matricel GmbH
Smith+Nephew
Zimmer Biomet Holdings
CONMED Corporation
*Similar analysis will be provided for each company listed above.