Press release
Soft Tissue Repair Market to Reach US$ 6677.0 Million by 2025
According to our new research study on "Soft Tissue Repair Market Forecast To 2025 - Global Analysis by Product and Application," the soft tissue repair market size is expected to reach US$ 6677.0 million by 2025 from US$ 4,076.2 million in 2019; it is estimated to grow at a CAGR of 8.3% from 2020 to 2025.The report highlights trends prevailing in the market, and the factors driving and hindering the soft tissue repair market growth. The growth of the global soft tissue repair market is attributed to the rising prevalence of sport injuries and increasing number of orthopedic procedures. However, lack of awareness about soft tissue injuries is the major factor hindering the soft tissue repair market growth.
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Key Players : Smith & Nephew; Depuy Synthes; Covidien (Medtronic); Wright Medical Group, Inc.; C.R Bard, Inc.; Arthrex, Inc.; Integra Lifesciences Corporation; Organogenesis; Stryker; and ConMed are among the leading companies operating in the global soft tissue repair market.
Based on the product, the soft tissue repair market is segmented into fixation instruments and tissue mesh/patch. Based on application, the soft tissue repair market is segmented into orthopedic repair, hernia repair, breast reconstruction, pelvic and vaginal prolapse repair, skin repair, dental and dural repair, and others. Based on geography, the soft tissue repair market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, the UK, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).
Soft tissue grafts and fixation devices are used during knee repair or construction. The fixation devices help in retaining the soft tissue in the bone. In orthopedics, fixations devices are most widely used for various advantages such as quick graft loading, controlled passage of graft, and graft protection in knee repair.
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The COVID-19 crisis has overburdened public health systems in many countries, due to which the healthcare industry witnessed a drop in growth and highlighted the strong need for sustainable investment in health systems. The medical technologies and imaging segment witnessed a drop in sales due to fewer surgeries as the sports injury's treatment was delayed and prolonged equipment procurement, which impacted the growth of the soft tissue repair market. Nonetheless, as the pandemic is getting normal, soft tissue repair procedures are also resumed, which will significantly increase the soft tissue repair market growth. For instance, according to an article published by PubMed Central in November 2022, changes implemented during the pandemic regarding orthopedic surgeries proved beneficial after the pandemic subsided and could be potential long-term solutions for optimizing medical orthopedic management. Thus, the pandemic initially had a negative impact on the market, but slowly and steadily, the soft tissue repair market is expected to grow during the forecast period.
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Contact Person : Ankit Mathur
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E-mail : sales@theinsightpartners.com
About US
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Food and Beverages, Consumers and Goods, Chemicals and Materials.
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