MENA Knee Cartilage Repair Service Market to Grow at a CAGR of 5.5% to reach US$ 344.50 million from 2022 to 2030

MENA Knee Cartilage Repair Service Market Size and Forecast (2020-2030), Regional Share, Trends, and Growth Opportunity Analysis Coverage: Procedure Type (Arthroscopic Chondroplasty, Microfracture, Cell-based Cartilage Repair, Osteochondral Grafts Transplantation, and Others) and End User (Hospitals, Ambulatory Surgical Centers, and Orthopedic Clinics)

  • Report Code : TIPRE00030077
  • Category : Life Sciences
  • Status : Published
  • No. of Pages : 83
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The MENA knee cartilage repair service market size is expected to grow from US$ 222.56 million in 2022 and to reach a value of US$ 344.50 million by 2030; it is anticipated to record a CAGR of 5.5% from 2022 to 2030.

Market Insights and Analyst View:

Knee cartilage repair is a type of treatment for knee preservation. The knee cartilage damage usually occurs in younger people (less than 50 years), after an injury, such as twisting your knee, smashing your kneecap, or fracturing your knee. Cartilage may wear down over time as part of natural aging for the people over 50. Knee cartilage repair depends on factors including the depth, size, and location of the torn knee cartilage, associated knee injuries, patient’s activity level and patient’s weight and age. Although some of the cartilage injuries can be treated non-operatively, but in cases with a focal cartilage defect a surgical knee cartilage treatment is commonly needed. The most common knee cartilage repair procedures are microfracture and chondroplasty.

Tissue engineering, Cells, ACI, MSC, Scaffolds are some of the sources that are currently available for cartilage regeneration. Tissue engineering combines biomaterials, cells, and biological factors to revive the damaged tissues, overcoming usual therapeutic strategies. Scaffolds are well acknowledged in regenerative applications as they are able to provide the appropriate environment for cells, reduce surgical morbidity, can be easily implanted, allow enhanced cell proliferation, an efficient, maturation and complete combination with surrounding articular cartilage.

Additive Manufacturing three-dimensional (3D) printing is an emerging technologies that will allow further improvement of the treatment. 3D printing replicates the damaged tissue shape starting from a patient medical image. It creates scaffolds through the progressive addition of material layer by layer until reaching the desired shape. The technology can mimic cartilage organization, extracellular matrix (ECM) composition, and functional and mechanical properties. There is also the demand to develop minimally invasive and cost-effective strategies which do not require long-lasting hospitalization.

Growth Drivers and Challenges:

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 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. Therefore, the rise in the prevalence of osteoarthritis is increasing the demand for cartilage repair procedures across the region.

In many Low- and Middle-Income Countries (LMICs) the surgical care is extremely limited. According to a study by the WHO there is a shortage of health workers in Africa. The shortage is more acute at the crucial levels of primary healthcare delivery, including nurses, community health workers and public health officers. A survey of 47 African countries, finds that the region has a ratio of 2:1000, which means for 1000 people only 2 health workers (physicians, nurses and midwives) are available. This is below the WHO threshold density which states that there should be 5 health workers per 1000 people should be there to deliver essential health services. Also, the health workforce is unevenly distributed in the region. The shortage of health worker in Africa is due to various factors such as fast population growth, weak governance of the health workforce, inadequate training capacity, international migration, and poor retention of health personnel. According to WHO, ~80% of Africa is experiencing medical staff shortages and high rates of healthcare professionals leaving to work in other countries. It is estimated that the health workers shortage in Africa, by 2030 will reach 6.1 million a 45% increase from 2013.

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MENA Knee Cartilage Repair Service Market: Strategic Insights

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Market Size Value inUS$ 222.56 million in 2022
Market Size Value byUS$ 344.50 million by 2030
Growth rateCAGR of 5.5% from 2022 to 2030
Forecast Period2022-2030
Base Year2022
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Report Segmentation and Scope:

The MENA knee cartilage repair service market is segmented on the basis of procedure type, and end user. By procedure type, the market is segmented into arthroscopic chondroplasty, microfracture, cell-based cartilage repair, osteochondral grafts transplantation, and others. The MENA knee cartilage repair service market, by end user, is segmented into hospitals, ambulatory surgical centers, and orthopedic clinics. The MENA knee cartilage repair service, based on geography, is segmented into Saudi Arabia, UAE, Egypt, Israel, and Rest of Middle East & Africa.

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Segmental Analysis:

By procedure type, the knee cartilage repair service market is segmented arthroscopic chondroplasty, microfracture, cell-based cartilage repair, osteochondral grafts transplantation, and others. In 2022, the arthroscopic chondroplasty segment held the largest share of the market. However, the market for cell-based cartilage repair segment is expected to grow at the fastest CAGR during 2022–2030. Arthroscopic chondroplasty is a common surgical procedure performed using an arthroscope (a small, fiber-optic instrument comprising a lens, light source, and video camera) during knee arthroscopy. During the process, the doctor creates two to five small incisions around the knee. Through one of the cuts an arthroscopic camera is inserted, and other incisions act as access points for other arthroscopic tools.

MENA Knee Cartilage Repair Service Market, by Procedure Type – 2022 and 2030

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Based on end user, the knee cartilage repair service market is divided into hospitals, ambulatory surgical centers, and orthopedic clinics. The hospitals segment held the largest share of the market in 2022. The same segment is anticipated to register the highest CAGR in the market during 2022–2030. The hospitals segment is the largest end user segment in the knee cartilage repair service market. The segment's growth is attributed to the increased number of procedures for knee injuries and other orthopedic treatments. Hospitals provide treatment with specialized nursing staff and medical equipment. They house various orthopedic surgical procedures, including critical surgeries, such as arthroplasty, and fusion techniques, such as artificial knee joints and other procedures that demand high precision and accuracy.

Regional Analysis:

Based on geography, the MENA knee cartilage repair service market is divided into Saudi Arabia, UAE, Egypt, Israel, and Rest of Middle East & Africa. Saudi Arabia is one of the fastest-growing countries in the MENA, driven by a huge population base and an increase in the prevalence of chronic diseases. Saudi Arabia has seen a significant change in lifestyle due to the rapid economic transition and associated technological and social changes. A high sedentary behavior and a change in dietary patterns, with people favoring energy-dense foods such as fast foods and sugar-sweetened beverages over nutrient-dense foods was observed. As per an Al Arabiya Network article and the latest figures revealed ahead of World Obesity Day (March 4) in 2023, ~60% of the country's adult population is overweight or obese, and anterior cruciate ligament (ACL) injury is among the most common orthopedic injuries. A high body mass index (BMI) contribute to the development of noncontact ACL injury, and the risk of ACL tears was significantly higher across obese patients.

Knee Cartilage Repair Service Market Opportunity:

Artificial Intelligence (AI) to Diagnose Cartilage Defects

The growing technological advancements have enabled the use of AI to diagnose cartilage defects. Using AI, it is possible to identify the precise segmentation and robust assessment of chondral lesions, including diameter, shape, location, shape, and boundaries. Market players have developed AI tools and solutions for effective and efficient imaging technologies for all orthopedic segments. For instance, an Israel-based company, RSIP Vision, has developed an AI tool that accurately assesses chondral lesions in magnetic resonance imaging (MRI) scans for hips, knees, and ankles using noninvasive techniques. The AI tool offers an accurate measurement of osteochondral lesions that helps physicians evaluate the damage's severity and select an effective treatment plan. The tool also helps in assessing the efficacy of the treatment. Such innovations are expected to drive the knee cartilage repair service market as the prevalence of chondral lesions is much higher in older and young people. Moreover, articular cartilage has avascular nature, which limits its healing potential. In many cases, chondral lesions restrict athletes from participating in sports and may affect their daily activities. Therefore, the use of AI in diagnosing cartilage defects is expected to assist in choosing better treatment plans and eventually contribute to the growth of the market in the near future.  

Competitive Landscape and Key Companies:

A few of the prominent players operating in the MENA knee cartilage repair service market are Arthrex Inc, DePuy Synthes Inc, Zimmer Biomet Holdings Inc, Medacta Group SA, Anika Therapeutics Inc, Conmed Corp, Stryker Corp, CartiHeal Inc, Smith & Nephew Plc, and B. Braun SE. These companies focus on the development of new technologies, advancements in existing products, and expansion of geographic footprint to meet the growing consumer demand worldwide and expand their product range in specialty portfolios. Companies in the MENA knee cartilage repair service market are implementing various inorganic and organic developments. A few of the instances are mentioned below:

  • In March 2022, US Food and Drug Administration had granted Premarket Approval (PMA) for its Agili-C implant of CartiHeal Ltd. CartiHeal Ltd is a developer of implants for the treatment of cartilage and osteochondral defects in arthritic and non-arthritic knee joints.
  • In December 2021, DePuy Synthes Acquired OrthoSpin, Ltd. OrthoSpin developed and manufactures a first-of-its kind technology – an automated strut system – which is used in conjunction with DePuy Synthes MAXFRAME Multi-Axial Correction System, an external ring fixation system. This acquisition is a clear example of Johnson & Johnson’s continued commitment to advancing innovation in the medtech space
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Procedure Type, and End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


Which procedure type segment is dominating the knee cartilage repair service market?

The knee cartilage repair service market, based on procedure type, is segmented into arthroscopic chondroplasty, microfracture, cell-based cartilage repair, osteochondral grafts transplantation, and others. In 2022, the arthroscopic chondroplasty segment held the larger share of the market. The market for cell-based cartilage repair segment is expected to grow fastest during 2022–2030.

Which end user segment is dominating the knee cartilage repair service market?

The knee cartilage repair service market, based on end user, is divided into hospitals, ambulatory surgical centers, and orthopedic clinics. The hospitals segment held a larger market share in 2022 and is anticipated to register a higher CAGR during 2022–2030.

Which country is dominated the knee cartilage repair service market?

Saudi Arabia holds the largest market share in knee cartilage repair service market. The growth of the market in the country is due to the rapid economic transition and associated technological and social changes.

Who are the major players in the knee cartilage repair service market?

The knee cartilage repair service market majorly consists of the players such as Arthrex Inc, DePuy Synthes Inc, Zimmer Biomet Holdings Inc, Medacta Group SA, Anika Therapeutics Inc, Conmed Corp, Stryker Corp, CartiHeal Inc, Smith & Nephew Plc, and B. Braun SE among others.

What are the driving factors for the knee cartilage repair service market across the MENA?

The factors that are driving growth of the market are rise in prevalence of osteoarthritis, developments in orthopedic field, and use of stem cell therapy in orthopedics.

What is knee cartilage repair service?

Knee cartilage repair is a type of treatment for knee preservation. The knee cartilage damage usually occurs in younger people (less than 50 years) as a result of twisted knee, smashed kneecap, or fractured knee. Cartilage may wear down over time as part of natural aging for the people over 50. Knee cartilage repair depends on factors including the depth, size, and location of the torn knee cartilage, associated knee injuries, patient’s activity level, and patient’s weight and age. Although a few cartilage injuries can be treated non-operatively, a surgical knee cartilage treatment is commonly recommended in cases with a focal cartilage defect. The most common knee cartilage repair procedures are microfracture and chondroplasty.

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. MENA Knee Cartilage Repair Service Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. MENA Knee Cartilage Repair Service Market – Market Landscape

4.1 Overview

4.1.1 MENA PEST Analysis

5. MENA Knee Cartilage Repair Service Market

5.1 Market Drivers

5.1.1 Rise in Prevalence of Osteoarthritis

5.1.2 Developments in Orthopedic Field

5.1.3 Use of Stem Cell Therapy in Orthopedics

5.2 Market Restraints

5.2.1 Shortage of Health Workers in Africa

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

6. MENA Knee Cartilage Repair Service Market – Regional Analysis

6.1 MENA Knee Cartilage Repair Service Market Revenue Forecast and Analysis

7. MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 – by Procedure Type

7.1 Overview

7.2 MENA Knee Cartilage Repair Service Market Revenue Share, by Procedure Type 2022 & 2030 (%)

7.3 Arthroscopic Chondroplasty

7.3.1 Overview

7.3.2 Arthroscopic Chondroplasty: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

7.4 Microfracture

7.4.1 Overview

7.4.2 Microfracture: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

7.5 Cell-Based Cartilage Repair

7.5.1 Overview

7.5.2 Cell-Based Cartilage Repair: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

7.6 Osteochondral Grafts Transplantation

7.6.1 Overview

7.6.2 Osteochondral Grafts Transplantation: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

8. MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 – by End User

8.1 Overview

8.2 MENA Knee Cartilage Repair Service Market Revenue Share, by End User 2022 & 2030 (%)

8.3 Hospitals

8.3.1 Overview

8.3.2 Hospitals: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

8.4 Ambulatory Surgical Centers

8.4.1 Overview

8.4.2 Ambulatory Surgical Centers: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

8.5 Orthopedic Clinics

8.5.1 Overview

8.5.2 Orthopedic Clinics: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

9. MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 – Geographic Analysis

9.1 MENA Knee Cartilage Repair Service Market, Revenue and Forecast to 2030

9.1.1 Overview

9.1.2 MENA Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn)

9.1.2.1 MENA Knee Cartilage Repair Service Market, by Procedure Type

9.1.2.2 MENA Knee Cartilage Repair Service Market, by End User

9.1.2.3 MENA Knee Cartilage Repair Service Market by Country

9.1.2.3.1 Saudi Arabia

9.1.2.3.1.1 Overview

9.1.2.3.1.2 Saudi Arabia Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn)

9.1.2.3.1.3 Saudi Arabia Knee Cartilage Repair Service Market, by Procedure Type

9.1.2.3.1.4 Saudi Arabia Knee Cartilage Repair Service Market, by End User

9.1.2.3.2 UAE

9.1.2.3.2.1 Overview

9.1.2.3.2.2 UAE Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn)

9.1.2.3.2.3 UAE Knee Cartilage Repair Service Market, by Procedure Type

9.1.2.3.2.4 UAE Knee Cartilage Repair Service Market, by End User

9.1.2.3.3 Egypt

9.1.2.3.3.1 Overview

9.1.2.3.3.2 Egypt Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn)

9.1.2.3.3.3 Egypt Knee Cartilage Repair Service Market, by Procedure Type

9.1.2.3.3.4 Egypt Knee Cartilage Repair Service Market, by End User

9.1.2.3.4 Israel

9.1.2.3.4.1 Overview

9.1.2.3.4.2 Israel Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn)

9.1.2.3.4.3 Israel Knee Cartilage Repair Service Market, by Procedure Type

9.1.2.3.4.4 Israel Knee Cartilage Repair Service Market, by End User

9.1.2.3.5 Rest of MENA

9.1.2.3.5.1 Overview

9.1.2.3.5.2 Rest of MENA Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn)

9.1.2.3.5.3 Rest of MENA Knee Cartilage Repair Service Market, by Procedure Type

9.1.2.3.5.4 Rest of MENA Knee Cartilage Repair Service Market, by End User

10. Pre and Post COVID-19 Impact

10.1 Pre and Post COVID-19 Impact

11. MENA Knee Cartilage Repair Service Market Industry Landscape

11.1 Overview

11.2 Growth Strategies in the MENA Knee Cartilage Repair Service Market

11.3 Inorganic Growth Strategies

11.3.1 Overview

11.4 Organic Growth Strategies

11.4.1 Overview

12. Company Profiles

12.1 Arthrex Inc

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 DePuy Synthes Inc

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Zimmer Biomet Holdings Inc

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Medacta Group SA

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Anika Therapeutics Inc

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Conmed Corp

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Stryker Corp

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 CartiHeal Inc

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Smith & Nephew Plc

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 B. Braun SE

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

List of Tables

Table 1. MENA Knee Cartilage Repair Service Market Segmentation

Table 2. Advantages and Disadvantages of 3D Printing Techniques

Table 3. MENA Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn) – Procedure Type

Table 4. MENA Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn) – End User

Table 5. Saudi Arabia Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn) – Procedure Type

Table 6. Saudi Arabia Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn) – End User

Table 7. UAE Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn) – Procedure Type

Table 8. UAE Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn) – End User

Table 9. Egypt Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn) – Procedure Type

Table 10. Egypt Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn) – End User

Table 11. Israel Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn) – Procedure Type

Table 12. Israel Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn) – End User

Table 13. Rest of MENA Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn) – Procedure Type

Table 14. Rest of MENA Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn) – End User

Table 15. Recent Inorganic Growth Strategies in the MENA Knee Cartilage Repair Service Market

Table 16. Recent Organic Growth Strategies in the MENA Knee Cartilage Repair Service Market

Table 17. Glossary of Terms

List of Figures

Figure 1. Knee Cartilage Repair Service Market, by Country

Figure 2. Key Insights

Figure 3. MENA: PEST Analysis

Figure 4. MENA Knee Cartilage Repair Service Market- Key Industry Dynamics

Figure 5. MENA Knee Cartilage Repair Service Market: Impact Analysis of Drivers and Restraints

Figure 6. MENA Knee Cartilage Repair Service Market – Revenue Forecast and Analysis – 2020–2030

Figure 7. MENA Knee Cartilage Repair Service Market Revenue Share, by Procedure Type 2022 & 2030 (%)

Figure 8. Arthroscopic Chondroplasty: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

Figure 9. Microfracture: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

Figure 10. Cell-Based Cartilage Repair: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

Figure 11. Osteochondral Grafts Transplantation: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

Figure 12. Others: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

Figure 13. MENA Knee Cartilage Repair Service Market Revenue Share, by End User 2022 & 2030 (%)

Figure 14. Hospitals: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

Figure 15. Ambulatory Surgical Centers: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

Figure 16. Orthopedic Clinics: MENA Knee Cartilage Repair Service Market – Revenue and Forecast to 2030 (US$ Million)

Figure 17. MENA Knee Cartilage Repair Service Market, By Country, 2022 ($Mn)

Figure 18. MENA Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn)

Figure 19. MENA Knee Cartilage Repair Service Market, By Key Countries, 2022 And 2030 (%)

Figure 20. Saudi Arabia Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn)

Figure 21. UAE Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn)

Figure 22. Egypt Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn)

Figure 23. Israel Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn)

Figure 24. Rest of MENA Knee Cartilage Repair Service Market Revenue and Forecast to 2030 (US$ Mn)

Figure 25. Pre and Post COVID-19 Impact on MENA Knee Cartilage Repair Service Market

Figure 26. Growth Strategies in the MENA Knee Cartilage Repair Service Market

The List of Companies - MENA Knee Cartilage Repair Service Market

  1. Arthrex Inc
  2. DePuy Synthes Inc
  3. Zimmer Biomet Holdings Inc
  4. Medacta Group SA
  5. Anika Therapeutics Inc
  6. Conmed Corp
  7. Stryker Corp
  8. CartiHeal Inc
  9. Smith & Nephew Plc
  10. B. Braun SE.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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