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Global Soft Tissue Repair Market Growth Report Analysis and Forecast 2022-2030

09-19-2022 07:53 AM CET | Health & Medicine

Press release from: Inkwood Research

SOFT TISSUE REPAIR MARKET

SOFT TISSUE REPAIR MARKET

According to Inkwood Research, the Global Soft Tissue Repair Market is evaluated to record a CAGR of 6.13% in terms of revenue during the forecasting years of 2019-2028.
"Browse 46 Market Data Tables and 49 Figures spread over 190 Pages, along with an in-depth TOC on the Global Soft Tissue Repair Market Forecast 2019-2028."

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Soft tissues are characterized by tissues that surround and connect other organs and structures of the body. They include fibrous tissues, ligaments, nerves, tendons, fascia, synovial membranes, and blood vessels. Soft tissue injuries primarily affect ligaments, tendons, and muscles. For instance, muscle or tendon damage, caused by overstressing is known as strain. On the other hand, ligament injury occurs when these fibrous bands are overstretched.

Growing Sports-Related Injuries Facilitate Market Growth
The flexibility of muscle and joints play an essential role in events like athletics, sports, and gymnastics, since the individual's performance is mainly dependent on them. As a result, the majority of sports-related injuries are observed across these avenues. According to the estimations issued by the United States Centers for Disease Control (CDC), participation in organized sports is steadily increasing, with nearly 30 million children and adolescents partaking in youth sports, in the country. Moreover, high school athletes account for around 2 million injuries, 500,000 doctor visits, and 30,000 hospitalizations, yearly.
Athletes are often vulnerable to soft tissue injuries like ligaments and tendons, including chronic pain, stress fractures, and stretching or tearing of internal structures, caused by frequent wear-and-tear of muscles, and risks of falls and accidents linked with sports activities. Moreover, sports-related injuries like sprains, torn cartilage and ligaments, and contusions, in addition to bursitis and tendonitis, can be effectively treated using soft tissue repair procedures.
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Orthopedic Repair is the Major Application
Musculoskeletal disorders entail injuries associated with joints, ligaments, nerves, tendons, muscles, and other structures that support the limbs and the back. The musculoskeletal application of regenerative medicine and tissue engineering includes cartilage repair and replacement, bone tissue replacement, meniscus repair, and replacement, as well as tendon, and ligament repair and replacement. Among these, the bone and cartilage repair and replacement are the most prospective and promising areas.

North America Dominated the Global Market in 2019
North America is a mature market and the largest revenue contributor for soft tissue repair, over the forecast period. The increased incidence of hernia disorders, the presence of improved and developed healthcare facilities, the growing awareness regarding soft tissue repair, and supportive government initiatives, are attributed to the region's market growth.
The industrial rivalry within the global soft tissue repair market is anticipated to remain high, across the forecast years. Factors such as introducing new technologies, products, and competitive pricing, are expected to influence the competition. Some of the key companies operating in the market include, Johnson & Johnson, Allergan PLC (Lifecell Corporation), Medtronic PLC, Baxter International Inc, Becton, Dickinson, and Company (BD), etc.

Related Reports:
GLOBAL BONE GRAFT AND SUBSTITUTE MARKET
GLOBAL DENTAL CONSUMABLES MARKET
GLOBAL ORTHOPEDIC PROCEDURES MARKET
GLOBAL BREAST IMAGING MARKET

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