A growing number of peopleparticipating in sports activities is increasing sports injuriesamong people which is augmenting the growth of the KneeCartilage Repair Market.According to Johns Hopkins Medicine, in the U.S., about 30 millionchildren and teens participate in some form of organized sports, andmore than 3.5 million injuries each year, which cause some loss oftime of participation, are experienced by the participants. Almostone-third of all injuries incurred in childhood are sports-relatedinjuries. Thus the growing trend of sports and outdoor activities hasdrastically increased the chances of cartilage injuries which in turnis projected to foster the growth of the knee cartilage repairmarket. Moreover, the rise in the obese population has also increasedthe risk of knee cartilage injury which is further anticipated toaugment the growth of the market.
North America is expected to leadthe global KneeCartilage Repair Marketowing to the rapid increase in the obese population in the region.According to Organization for Economic Co-operation and Development(OECD), Obesity Update 2017 reported that the U.S. recorded thehighest obese population in the world, with 38.2% obese people, andMexico, the second-highest, with 32.4% obese people.
InFebruary 2021, Locate Bio, an orthobiologics focused regenerativemedicine company has announced that the U.S. Food and DrugAdministration (FDA) has granted Breakthrough Device designation toChondro3, currently in development as a biomimetic graft forosteochondral lesions.
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