Press release
Suture Anchors Market to Reach USD 968.22 Mn by 2029, emerging at a CAGR of 5.4 percent and forecast 2023-2029
Suture Anchors Market
The research employs a robust methodology, integrating primary and secondary sources, to ensure accuracy and reliability. The analysis includes market trends, competitive landscape, and innovations in suture anchor technology, contributing to a thorough market assessment.
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What are Suture Anchors Market Dynamics:
The increasing prevalence of musculoskeletal conditions is expected to be the primary factor driving the suture anchors market growth. According to MMR research, about 1.71 billion individuals globally suffer from musculoskeletal disorders. Low back pain is the single largest cause of disability in 160 countries, making musculoskeletal diseases the leading contributor to disability globally. In terms of population, high-income nations are the most impacted (441 million), followed by countries in the WHO Western Pacific Region (427 million) and the South-East Asia Region (369 million). Musculoskeletal diseases are also the leading cause of years lived with disability (YLDs) globally, accounting for roughly 149 million YLDs, or 17% of all YLDs.
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Suture Anchors Market Regional Insights:
The Asia Pacific region emerges as a focal point for market growth, driven by a focus on healthcare infrastructure development, increased healthcare expenditure, and growing awareness of advanced treatment options. North America leads the global market, with a dominant revenue share of 42.5% in 2023, fueled by a high incidence of sports-related injuries and chronic disorders.
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What is Suture Anchors Market Segmentation:
by Product Type
Absorbable
Non-Absorbable
by Tying Type
Knotless
Knotted
by Material Type
Metallic Suture Anchor
Bio-absorbable Suture Anchor
PEEK Suture Anchor
Bio-composite Suture Anchor
Others
by End-User
Hospitals and Clinics
Ambulatory Surgical Centers
Others
Who are Suture Anchors Market Key Players:
1.Arthrex (United States)
2. Smith & Nephew (United Kingdom)
3.Medtronic (Ireland)
4. DePuy Synthes (Johnson & Johnson) (United States)
5.CONMED Corporation (United States)
6.Zimmer Biomet (United States)
7.Stryker Corporation (United States)
8.Biomet (part of Zimmer Biomet) (United States)
9. B. Braun Melsungen AG (Germany)
10.Ethicon (Johnson & Johnson) (United States)
11.Mitek Sports Medicine (Johnson & Johnson) (United States)
12. CONMED Linvatec (United States)
13.Wright Medical Group N.V. (United States)
14.Karl Storz GmbH & Co. KG (Germany)
15.ArthroCare Corporation (Smith & Nephew) (United States)
16.DJO Global (United States)
17.Bioretec Ltd. (Finland)
18.Teknimed (France)
19. Merete Medical GmbH (Germany)
20.Ortosintese (Brazil)
21.Innomed, Inc. (United States)
22. Shanghai Kinetic Medical Co., Ltd. (China)
23. Tianjin Walkman Biomaterial Co., Ltd.(China)
24.ConMed Corporation (United States)
25. Surgicraft Ltd. (United Kingdom)
26.Teknimed (France)
27. FX Solutions (United States)
28. Arthro Surface (United States)
29. Tenex Health (United States)
30.Stars Medical Devices (France)
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Table of content for the Suture Anchors Market includes:
Global Suture Anchors Market: Research Methodology
Global Suture Anchors Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Suture Anchors Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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