Press release
Global Soft Tissue Repair Market is poised to grow at a decent rate of 6% by 2026 - Rising Use of Grouping Materials for Improving Product Efficacy & Growing Cases of Severe Trauma Injuries
The term "tissue repair" is defined as the restoration of tissue architecture and function after an injury. It encompasses two separate processes regeneration and replacement.Increasing Usage of Allograft in Various Applications Drives the Soft Tissue Repair Market
Allograft is like a scaffold (trellis) that supports the bone-forming cells as they grow new bone over time. Allografts are used in several procedures to save lives, repair limbs, relieve pain, or improve a patient's quality of life. Various applications include:
Bone, tendons, and ligaments can be used in orthopedics, neurosurgery, dental surgery, and plastic surgery.
Heart valves and blood vessels are used in heart surgery.
Skin can be used to treat severe burns or used in abdominal surgery.
Corneas can restore the vision of a person whose cornea has been damaged or has failed.
Growing Adoption of Soft Tissue Repair in Sports Injury Fuels the Market Demand
Sports injuries mainly include acute injuries such as muscle strains and ligament sprains, tendon injuries, dislocations and subluxations, fractures, and skin injuries, and also overuse injuries such as tendinopathies and painful myofascial syndromes. Soft tissue techniques aim to promote health and well-being through their mechanical effects on the body's soft tissues such as friction, compression, tissue sliding, and myofascial release. Sports soft-tissue procedures are applied either directly with the hands of therapists such as classical massage or with the use of special equipment such as tools made of stainless steel (ERGON instrument-assisted soft tissue mobilization), and elastic ischemic bandages (Kinetic flossing technique), and cups (cupping therapy).
Key Market Challenges: Soft Tissue Repair Market
The high procedures & product costs for soft tissue repairs, unfavorable reimbursement policies for soft tissue repair treatments, shortage of skilled & trained professionals, and the stringent regulations for the biological mesh (allografts, xenografts, and alloplasts) are some of the key factors restricting the growth of the soft tissue repair market.
North America Holds the Largest Market Share but APAC is Set to Witness Strongest Growth
North America holds the largest market share of the soft tissue repair market followed by Europe and the Asia Pacific. The increased number of people participating in fitness regimens and sports, growing incidence of chronic conditions such as hernia, orthopaedic, and spinal injuries, growing demand for tissue repair products, and the presence of key market players in this region are some of the key factors driving the growth of the soft tissue repair market.
Competitive Landscape Analysis: Soft Tissue Repair Market
The global soft tissue repair market is marked by the presence of established market players such as Allergan Plc. (LifeCell Corporation), Athersys Inc., CryoLife Inc., Medtronic Plc., and Organogenesis Inc., among others.
Companies Adopt both Organic & Inorganic Growth Strategies to Increase their Market Share in Soft Tissue Repair Market
Leading players operating in this market are adopting organic and inorganic growth strategies such as collaborations, acquisitions, and expansions to garner market share. For instance,
In December 2021, BD announced the acquisition of Tissuemed, Ltd., a leading global medical technology company. This acquisition will expand BD's global offerings for surgeons outside of the United States to help control internal bleeding or prevent leaks from surgical incisions.
In July 2021, Via Surgical announced they have received United States FDA 510(K) clearance for its TissueTak tendon anchor, which is the first closed-loop suture-based fixation system and a minimally-invasive surgical system for orthopedic surgeries for soft tissue repair of certain types of injuries.
The rising incidence of sports injuries, increasing prevalence of chronic conditions such as hernia and orthopedic, rising number of surgical procedures across the world, increasing obesity cases, growing geriatric population, rising use of grouping materials for enhancing product efficacy, and rising cases of severe trauma injuries are some of the key factors driving the global soft tissue repair market.
Explore Detailed Insights on Soft Tissue Repair Market with TOC & Sample Deliverables @ https://meditechinsights.com/global-soft-tissue-repair-market/
Ruta Halde
Associate, Medi-Tech Insights
+32 498 86 80 79
info@meditechinsights.com
https://meditechinsights.com/
Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services.
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