Orthopedic Soft Tissue Repair Market to exceed USD 10208.1 Million by 2026| Stryker, Arthrex, Zimmer Biomet, DePuy Synthes, etc.

According to the current analysis of Reports and Data, the global Orthopedic Soft Tissue Repair market was valued at USD 6546.2 Million in 2018 and is expected to reach USD 10208.1 Million by the year 2026, at a CAGR of 5.7%. A soft tissue injury is a type of damage to ligament, muscles, shoulders, and knee. A soft tissue injury generally occurs from a sprain, strain, or continuous use of a particular part of the body.

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Companies considered and profiled in this market study

Stryker, Arthrex, Zimmer Biomet, DePuy Synthes, CONMED Corporation, Zimmer Biomet Holdings, Tornier, AlloSource, LifeNet Health and Smith & Nephew

The injury can result in swelling, pain, and loss of function. The orthopedic soft tissue repair procedure is carried out to cure soft tissue injury. Soft tissue injury can be easily diagnosed using magnetic resonance imaging (MRI). These devices are used for closed technique treatments of worn or injured joints. The majority of such treatments are performed on knee and shoulder joints, although there is an increasing interest among the surgical community in hip and small joint arthroscopy.

The growth of orthopedic soft tissue repair market is mainly attributed to an increase in the cases of sports-associated injuries across prime age-groups. Additionally, the growing incidence of musculoskeletal conditions such as arthritis in the geriatric population and increasing obese population also contribute to the growth of orthopedic soft tissue repair market. Easy and prompt availability of innovative surgical products will also lead to a high demand for orthopedic soft tissue repair procedures in the global market. Procedures such as rotator cuff repair are expected to gain significant traction during the forecast period.

High incidence of musculoskeletal injuries and greater awareness about the availability of novel treatment solutions in the region contributes to the dominance of North America. Additionally, existence of large potential patient pool, significant geriatric population and widespread untapped opportunities make Asia Pacific the most lucrative market for investment.

Further key findings from the report suggest

1. Hip segment is estimated to witness lucrative growth at the CAGR of 5.3% over the forecast period. Posterior soft tissue repair is a common procedure in hip arthroplasty.

2. Cruciate ligaments repair dominate the global orthopedic soft tissue repair market in 2018; owing to higher prevalence ACL injuries among athletes.

3. Asia Pacific regional segment is projected to grow at the fastest rate of 6.6% over the forecast period owing to greater penetration of medical devices in countries like Japan and increasing geriatric population in this region

4. However, lack of knowledge, increasing cost of surgical procedures, and lack of reimbursement are some of the major factors hindering the growth of orthopedic soft tissue repair market.

5. As of 2018, Knee segment held the largest market share of 41.7%, because it is a frequently affected target injury location among the athletes as well as the geriatric population base.

Segments covered in the report:

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the Orthopedic Soft Tissue Repair market on the basis of procedure type, injury type, and region:

Procedure (Revenue, USD Million; 2016-2026)

Rotator cuff repair
Epicondylitis
Achilles tendinosis repair
Pelvic organ prolapsed
Gluteal tendon repair
Cruciate ligaments repair
Hip Arthroscopy
Biceps Tenodesis
Others

Injury Location (Revenue, USD Million; 2016-2026)

Knee
Shoulder
Hip
Small joints

Regional Outlook (Revenue in USD Million; 2016-2026)

North America
Europe
Asia Pacific
Middle East & Africa
Latin America

To get a detailed Table of Content, Visit Here: https://www.reportsanddata.com/report-detail/orthopedic-soft-tissue-repair-market

The report emphasizes the following key questions

Q.1. What are the most lucrative and promising growth prospects for the market?

Q.2. Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement?

Q.3. Which geographies are estimated to exhibit the highest growth and the underlying causes?

Q.4. Which factors are impacting the future of the market and what are the driving factors?

Q.5. What are the hurdles and challenges curtailing the industry's growth in the forecast period?

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