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Tendon Repair Market worth $5.17 billion by 2030, growing at a CAGR of 8.33% - Exclusive Report by 360iResearch
Tendon Repair Market | 360iResearch
The Global Tendon Repair Market to grow from USD 2.95 billion in 2023 to USD 5.17 billion by 2030, at a CAGR of 8.33%.
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Tendon repair is primarily the surgery to treat a damaged or torn tendon. The joints most commonly affected by tendon injuries are the shoulders, elbows, ankles, knees, and fingers. Repair surgeries are helpful for people experiencing tendon injuries that make it difficult for them to move any of these joints. The growing incidence of tendon damage from sports injuries, trauma, or work-related accidents is the primary factor that has expanded the need for advanced tendon repair surgeries and devices. Governments have approved many new tendon repair systems considering the increased surgery adoption and improved device quality. Patients have realized an enhanced preference for minimally invasive tendon repair surgeries, creating the need for surgical instruments to complement the surgery. However, the elevated cost of treatment and limited availability of reimbursements, along with the critical risks of the treatment, have been impeding their adoption among many patients. Technological advancements in tendon repair devices and R&D of new products are majorly focused on making them cost-effective and high-performing. The emergence of regenerative medicine and tissue engineering for tendon repair can also be an innovative aspect for hospitals & clinics.
The Americas tendon repair market is constantly advancing, driven by the need for improved surgeries to cater to the high incidence of sports injuries and the rising number of government approval for new instruments. The U.S. and Canada observe an increasing prevalence of cases of tendonitis, tendinopathy, and tendon tears. There has been constant research regarding regenerative medicine to support tendon repair procedures in the Americas. In the Asia-Pacific region, Japan, China, and India observe expanding expenditure on enhanced healthcare infrastructure and see a growth in the adoption of minimally invasive surgeries. The European region is home to some of the most significant tendon repair surgical instrument companies offering various surgery products, ranging between suture devices and implants. The region also has strict regulatory frameworks and guidelines for developing and marketing new tendon repair devices.
Market Segmentation & Coverage:
This research report categorizes the Tendon Repair Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product Type, market is studied across Implants, Matrix, Screw, Suture Anchor Device, and Tissue Grafts. The Screw is projected to witness significant market share during forecast period.
Based on Application, market is studied across Achilles Tendon Repair, Biceps Tendon Repair, Patellar Tendon Repair, and Rotator Cuff Repair. The Achilles Tendon Repair is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Ambulatory Surgical Centers and Hospitals & Clinics. The Ambulatory Surgical Centers is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Tendon Repair Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Tendon Repair Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Tendon Repair Market, highlighting leading vendors and their innovative profiles. These include Acumed, LLC, Aevumed, Alafair Biosciences, Inc., Anika Therapeutics, Inc., Arthrex, Inc., B. Braun SE, Baxter International, Inc., Becton, Dickinson and Company, BioPro, Inc., CollPlant Ltd., CONMED Corporation, DJO, LLC by Enovis, Enztec, Innov8ortho, LLC, Integra Lifesciences Holdings Corporation, Johnson & Johnson Services, Inc., Medtronic PLC, Mimedx Group, Inc., Organogenesis Inc., Precision Orthopedics & Sports Medicine, Smith & Nephew PLC, Stryker Corporation, Tendomed, Tissue Regenix Group PLC, Xiros Ltd., Zimmer Biomet Holdings, Inc., ZimVie Inc, and Össur.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Tendon Repair Market, by Product Type
7. Tendon Repair Market, by Application
8. Tendon Repair Market, by End-User
9. Americas Tendon Repair Market
10. Asia-Pacific Tendon Repair Market
11. Europe, Middle East & Africa Tendon Repair Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Tendon Repair Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Tendon Repair Market?
3. What is the competitive strategic window for opportunities in the Tendon Repair Market?
4. What are the technology trends and regulatory frameworks in the Tendon Repair Market?
5. What is the market share of the leading vendors in the Tendon Repair Market?
6. What modes and strategic moves are considered suitable for entering the Tendon Repair Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
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