MENA Knee Cartilage Repair Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Procedure Type (Arthroscopic Chondroplasty, Cell-based Cartilage Resurfacing, Osteochondral Grafts Transplantation, and Others); Product (Screws & Implants, Arthroscope, and Others), and End User (Hospitals, Ambulatory Surgical Centers, and Orthopedic Clinics)
The MENA knee cartilage repair market size was US$ 57,730.82 thousand in 2022, and it is projected to reach US$ 79,443.64 thousand by 2028; the market is estimated to record a CAGR of 5.5% from 2022 to 2028.
The market growth is attributed to rise in prevalence of osteoarthritis and developments in orthopedic field. However, use of stem cell therapy in orthopedics is hindering the MENA knee cartilage repair market growth.
Various studies have shown that arthritis is commonly identified as a public health concern in adults. In addition, the inflammation of the joints is increasing in the younger population and is contributing to the rise of osteoarthritis. According to the research article “Assessing the Burden of Osteoarthritis in Africa and the Middle East: A Rapid Evidence Assessment,” published in February 2023 by Dovepress, in MENA, the age-standardized prevalence of osteoarthritis (OA) in 2019 was 5,342.8 per 100,000 people. Similarly, the annual incidence rate of OA in 2019 was 430.4 per 100,000 people. The prevalence is expected to increase as the population ages. Other factors that give rise to the incidence are obesity and menopause in females. According to “Prevalence of Symptomatic Knee Osteoarthritis in Saudi Arabia and Associated Modifiable and Non-Modifiable Risk Factors: A Population-Based Cross-Sectional Study,” published in March 2023 by the National Library of Medicine, 60.6% of people of age group 66–75 and 30.8% of people of age group 46–55 were affected by OA in Saudi Arabia. The report also stated that 39.75% of the total population in Saudi Arabia, including 60.9% of females and 53.3% of males, suffers from knee OA. These factors contribute to MENA knee cartilage repair market growth.
As per the article published by the National Library of Medicine in September 2021, “Prevalence and Incidence of Osteoarthritis: A Population-Based Retrospective Cohort Study,” in 2018, one in seven women aged 18 years and more showed a clinical diagnosis of OA either in Israel or in the periphery of the region or Maccabi Healthcare Services (MHS). The reports state that the incidence of OA is likely to be increasing due to the aging population and an obesity pandemic in Israel. Therefore, the rise in the prevalence of osteoarthritis is increasing the demand for cartilage repair procedures across the region and thus contributing to MENA knee cartilage repair market growth.
Product-Based Insights
The MENA knee cartilage repair market, based on product, is segmented into implants, screws, arthroscope, and others. The arthroscopic system segment held the largest share of the market in 2022. However, screws & implant segment is anticipated to register the highest CAGR of 6.0% in the market during 2022–2028. An artificial component known as a knee implant replaces the damaged knee and mimics the function of a knee. These implants comprise metal alloys, plastics, and ceramic materials. Depending on the age, weight, and need, implants vary. The metal parts of the implant are made of titanium or cobalt-chromium-based alloys. The plastic parts are made of medical-grade polyethylene. Some implants are made of ceramics or ceramic and metal mixtures, such as oxidized zirconium. FibroFix Cartilage is a silk-based implant that repairs knee cartilage. The implant is biostable and biocompatible, copying cartilage function and supporting cartilage regeneration at a considerably lower cost than other solutions. The implant allows prolonged joint use, reduces pain, increases mobility, and prevents total knee replacement. Cartiva SCI (Stryker) is a novel osteochondral defect repair implant with properties similar to cartilage, designed to treat first metatarsophalangeal joint osteoarthritis. Agili-C (CartiHeal) is a porous and biocompatible implant used in cartilage and osteochondral defects in traumatic and osteoarthritic joints. The implant is a resorbable bi-phasic scaffold comprising interconnected natural inorganic calcium carbonate. Thus, these factors promote the growth of MENA knee cartilage repair market.
Osteochondral fragments, flaps, or grafts with sufficient bone stock are ideal for fixation with compression screws. Bio-compression screws (Arthrex) offer interfragmentary compression and a headless profile to promote healing for fracture and osteotomy fixation in periarticular applications. The screws are made of solid-enhanced PLLA (poly-L-lactic acid), absorbed over time without losing strength during the healing phase. Trinion (Inion company) is a meniscus screw used in knee cartilage repair. Trinion screws are used to fix longitudinal vertical meniscus lesions where the knee cartilage has torn. This screw has a dual-head screw which allows for optimal fixation and a headless design that provides complete insertion into the meniscus to avoid chondral lesion development. In order to aid surgeons, the screws are colored to allow improved visibility in arthroscopic procedures and are cannulated for increased ease of insertion. Thus, these factors contribute to the growth of segment which in turn promotes the growth of MENA knee cartilage repair market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Knee Cartilage Repair Market – By Procedure Type
1.3.2 Knee Cartilage Repair Market – By Product
1.3.3 Knee Cartilage Repair Market – By End User
1.3.4 Knee Cartilage Repair Market – By Region
2. Knee Cartilage Repair Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Knee Cartilage Repair Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. MENA Knee Cartilage Repair Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Prevalence of Osteoarthritis
5.1.2 Developments in Orthopedic Field
5.2 Market Restraints
5.2.1 Use of Stem Cell Therapy in Orthopedics
5.3 Market Opportunities
5.3.1 Artificial Intelligence (AI) to Diagnose Cartilage Defects
5.4 Future Trends
5.4.1 Three-Dimensional (3D) Bioprinting of Articular Cartilage
5.5 Impact Analysis of Drivers and Restraints
6. Knee Cartilage Repair Market – MENA Analysis
6.1 MENA Knee Cartilage Repair Market Revenue Forecast and Analysis
6.1.1 Overview
6.2 Market Positioning of Key Players
7. MENA Knee Cartilage Repair Market Revenue and Forecasts To 2028– by Procedure Type
7.1 Overview
7.2 MENA Knee Cartilage Repair Market, By Procedure Type, 2022 & 2028 (%)
7.3 MENA: Knee Cartilage Repair Market, by Procedure Type, 2020–2028 (US$ Million)
7.4 Arthroscopic Chondroplasty
7.4.1 Overview
7.4.2 Arthroscopic Chondroplasty: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
7.5 Cell-based Cartilage Resurfacing
7.5.1 Overview
7.5.2 Cell-based Cartilage Resurfacing: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
7.6 Osteochondral Grafts Transplantation
7.6.1 Overview
7.6.2 Osteochondral Grafts Transplantation: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
8. MENA Knee Cartilage Repair Market Revenue and Forecasts To 2028– by Product
8.1 Overview
8.2 MENA Knee Cartilage Repair Market, By Product, 2022 & 2028 (%)
8.3 MENA: Knee Cartilage Repair Market, by Product, 2020–2028 (US$ Million)
8.4 Arthroscopic System
8.4.1 Overview
8.4.2 Arthroscopic System: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
8.5 Screws & Implants
8.5.1 Overview
8.5.2 Screws & Implant: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
9. MENA Knee Cartilage Repair Market Revenue and Forecasts To 2028– by End User
9.1 Overview
9.2 MENA Knee Cartilage Repair Market, By End User, 2022 & 2028 (%)
9.3 MENA: Knee Cartilage Repair Market, by End User, 2020–2028 (US$ Million)
9.4 Hospitals
9.4.1 Overview
9.4.2 Hospitals: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Thousand)
9.5 Ambulatory Surgical Centers
9.5.1 Overview
9.5.2 Ambulatory Surgical Centers: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Thousand)
9.6 Orthopedic Clinics
9.6.1 Overview
9.6.2 Orthopedic Clinics: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Thousand)
10. MENA Knee Cartilage Repair Market – Regional Analysis
10.1 MENA Knee Cartilage Repair Market
10.1.1 Overview
10.1.2 MENA Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
10.1.3 MENA Knee Cartilage Repair Market, by Procedure Type, 2020–2028 (US$ Million)
10.1.4 MENA Knee Cartilage Repair Market, by Product – 2020–2028 (US$ Million)
10.1.5 MENA Knee Cartilage Repair Market, by End User, 2020–2028 (US$ Million)
10.1.5.1 Saudi Arabia: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.1.1 Overview
10.1.5.1.2 Saudi Arabia: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.1.3 Saudi Arabia: Knee Cartilage Repair Market, by Procedure Type, 2020–2028 (US$ Million)
10.1.5.1.4 Saudi Arabia: Knee Cartilage Repair Market, by Product, 2020–2028 (US$ Million)
10.1.5.1.5 Saudi Arabia: Knee Cartilage Repair Market, by End User, 2020–2028 (US$ Million)
10.1.5.2 UAE: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.2.1 Overview
10.1.5.2.2 UAE: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.2.3 UAE: Knee Cartilage Repair Market, by Procedure Type, 2020–2028 (US$ Million)
10.1.5.2.4 UAE: Knee Cartilage Repair Market, by Product, 2020–2028 (US$ Million)
10.1.5.2.5 UAE: Knee Cartilage Repair Market, by End User, 2020–2028 (US$ Million)
10.1.5.3 Egypt: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.3.1 Overview
10.1.5.3.2 Egypt: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.3.3 Egypt: Knee Cartilage Repair Market, by Procedure Type, 2020–2028 (US$ Million)
10.1.5.3.4 Egypt: Knee Cartilage Repair Market, by Product, 2020–2028 (US$ Million)
10.1.5.3.5 Egypt: Knee Cartilage Repair Market, by End User, 2020–2028 (US$ Million)
10.1.5.4 Israel: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.4.1 Overview
10.1.5.4.2 Israel: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.4.3 Israel: Knee Cartilage Repair Market, by Procedure Type, 2020–2028 (US$ Million)
10.1.5.4.4 Israel: Knee Cartilage Repair Market, by Product, 2020–2028 (US$ Million)
10.1.5.4.5 Israel: Knee Cartilage Repair Market, by End User, 2020–2028 (US$ Million)
10.1.5.5 Rest of MENA: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.5.1 Overview
10.1.5.5.2 Rest of MENA: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
10.1.5.5.3 Rest of MENA: Knee Cartilage Repair Market, by Procedure Type, 2020–2028 (US$ Million)
10.1.5.5.4 Rest of MENA: Knee Cartilage Repair Market, by Product, 2020–2028 (US$ Million)
10.1.5.5.5 Rest of MENA: Knee Cartilage Repair Market, by End User, 2020–2028 (US$ Million)
11. Impact of COVID-19 Pandemic on MENA Knee Cartilage Repair Market
11.1 MENA: Impact Assessment of COVID-19 Pandemic
12. MENA Knee Cartilage Repair Market–Industry Landscape
12.1 Overview
12.2 Growth Strategies in the MENA Knee Cartilage Repair Market
12.3 Inorganic Growth Strategies
12.3.1 Overview
12.4 Organic Growth Strategies
12.4.1 Overview
13. Company Profiles
13.1 Arthrex Inc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Medical Device Business Services Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Zimmer Biomet Holdings Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Medacta Group SA
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Anika Therapeutics Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Conmed Corp
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Stryker Corp
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 CartiHeal Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Smith & Nephew Plc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 B. Braun SE
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Advantages and Disadvantages of 3D Printing Techniques
Table 2. MENA Knee Cartilage Repair Market, by Procedure Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. MENA Knee Cartilage Repair Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 4. MENA Knee Cartilage Repair Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. MENA Knee Cartilage Repair Market, by Procedure Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. MENA Knee Cartilage Repair Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 7. MENA Knee Cartilage Repair Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia: Knee Cartilage Repair Market, by Procedure Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia: Knee Cartilage Repair Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 10. Saudi Arabia: Knee Cartilage Repair Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 11. UAE: Knee Cartilage Repair Market, by Procedure Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. UAE: Knee Cartilage Repair Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 13. UAE: Knee Cartilage Repair Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 14. Egypt: Knee Cartilage Repair Market, by Procedure Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. Egypt: Knee Cartilage Repair Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 16. Egypt: Knee Cartilage Repair Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 17. Israel: Knee Cartilage Repair Market, by Procedure Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Israel: Knee Cartilage Repair Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 19. Israel: Knee Cartilage Repair Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of MENA: Knee Cartilage Repair Market, by Procedure Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of MENA: Knee Cartilage Repair Market, by Product – Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of MENA: Knee Cartilage Repair Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 23. Recent Inorganic Growth Strategies in the MENA Knee Cartilage Repair Market
Table 24. Recent Organic Growth Strategies in the MENA Knee Cartilage Repair Market
Table 25. Glossary of Terms, MENA Knee Cartilage Repair Market
LIST OF FIGURES
Figure 1. Knee Cartilage Repair Market Segmentation
Figure 2. MENA Knee Cartilage Repair Market Overview
Figure 3. Arthoscopic Chondroplasty Segment Held Largest Share by Procedure Type in the Knee Cartilage Repair Market
Figure 4. MENA Knee Cartilage Repair Market– Industry Landscape
Figure 5. PEST Analysis
Figure 6. Knee Cartilage Repair Market Impact Analysis of Drivers and Restraints
Figure 7. MENA Knee Cartilage Repair Market – Revenue Forecast and Analysis – 2020-2028
Figure 8. Market Positioning of Key Players
Figure 9. MENA Knee Cartilage Repair Market, by Procedure Type, 2022 & 2028 (%)
Figure 10. Arthroscopic Chondroplasty: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
Figure 11. Cell-based Cartilage Resurfacing: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
Figure 12. Osteochondral Grafts Transplantation: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. Others: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. MENA Knee Cartilage Repair Market, by Product, 2022 & 2028 (%)
Figure 15. Arthroscopic System: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
Figure 16. Screws & Implant: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
Figure 17. Others: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Million)
Figure 18. MENA Knee Cartilage Repair Market, by End User, 2022 & 2028 (%)
Figure 19. Hospitals: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Thousand)
Figure 20. Ambulatory Surgical Centers: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Thousand)
Figure 21. Orthopedic Clinics: MENA Knee Cartilage Repair Market Revenue and Forecasts to 2028 (US$ Thousand)
Figure 22. MENA Knee Cartilage Repair Market, by Key Country – Revenue (2022) (US$ Million)
Figure 23. MENA Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. MENA Knee Cartilage Repair Market, by Country, 2022 & 2028 (%)
Figure 25. Saudi Arabia: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. UAE: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Egypt: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Israel: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Rest of MENA: Knee Cartilage Repair Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Impact of COVID-19 Pandemic on Knee Cartilage Repair Market in the UK
Figure 31. Growth Strategies in the MENA Knee Cartilage Repair Market
- Arthrex Inc.
- DePuy Synthes (Medical Device Business Services Inc.)
- Zimmer Biomet Holdings Inc.
- Medacta Group SA
- Anika Therapeutics Inc.
- Conmed Corp
- Stryker Corp
- CartiHeal Inc.
- Smith & Nephew Plc
- B. Braun SE
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MENA knee cartilage repair market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global MENA knee cartilage repair market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global MENA knee cartilage repair market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
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