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Rotator Cuff Injury Treatment Market to Be USD 1,633.5 Million By 2030 | P&S Intelligence

09-14-2023 02:26 PM CET | Health & Medicine

Press release from: P&S Intelligence

Rotator Cuff Injury Treatment Market to Be USD 1,633.5 Million

In 2022, the rotator cuff injury treatment market was worth around USD 1,098.4 million, and it is projected to advance at a 5.1% CAGR from 2022 to 2030, hitting USD 1,633.5 million in 2030, as per P&S Intelligence.

This growth can be credited to the increasing frequency of shoulder injuries because of sports, technological advancements in arthroscopic surgery equipment, and snowballing osteoarthritis issues in the elderly populace.

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In 2022, The surgical treatment category held the biggest revenue share, approximately 55%, and is projected to continue with the dominant till the end of the decade. Credited to the growing occurrence of rotator cuff injuries and the supportive therapeutic reimbursement for the surgery.

Furthermore, the rising knowledge regarding the advantages of an arthroscopic repair, such as fast recovery, a lower danger of complications, and low occurrence of post-surgery infections, is projected to boost the growth of the category.

The growing frequency of sports-related injuries is the key reason behind the growth of the market. Approximately 3.5 million sports-associated injuries happen annually in the U.S.

Moreover, three-quarters of all athletic injuries occur in the upper extremities. Baseball, volleyball, Tennis, and handball players are at the top-most risk of physical injury because of arm stretching, falls, and other actions. These events can result from shoulder damage, including worsening the current injuries, rotator cuff contusions, or also result in the growth of tendinopathy in rotator cuff tears.

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In 2022, The partial-thickness category, generated the largest revenue share, above 60%, and is projected to continue with the leading spot in the future as well. This can be credited to the fact that the probabilities of abnormalities, including increase with age, bone injuries, or osteoarthritis, may be distressing for sportspersons, particularly if instigated by an injury.

In 2022, North America led the industry by generating the largest revenue share, of approximately 45%. This can be credited to the increasing number of product launches, constant research and development, and commercialization of advanced treatments for rotator cuff injuries.

Furthermore, the snowballing subsidy and a number of partnerships between main businesses, a supportive regulatory environment for rotator cuff operations, along with favorable government guidelines for the sale of related goods fuels the industry. Furthermore, the considerable engagement in sports will enable the continent to continue with its dominance throughout the decade.

Browse full report at: https://www.psmarketresearch.com/market-analysis/rotator-cuff-injury-treatment-market

Hence, the increasing frequency of shoulder injuries because of sports, technological advancements in arthroscopic surgery equipment, and snowballing osteoarthritis issues in the elderly populace are the major factors contributing in the growth of the rotator cuff injury treatment market.

Contact:
Chandra Mohan
AVP - Business Development
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://healthcarefuturetrends.blogspot.com

About P&S Intelligence

P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.

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