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Soft Tissue Repair Market: Understanding Its Size, Growth Rate, Key Players and Emerging Trends
Soft Tissue Repair Market
What Is The Projected Market Size Of The Global Soft Tissue Repair Market And Its Growth Rate?
• The soft tissue repair market size grew strongly in recent years and will continue to expand from $12.74 billion in 2024 to $13.78 billion in 2025, with a compound annual growth rate (CAGR) of 8.2%.
• Growth in the historic period has been driven by the increased prevalence of sports injuries, an aging population, degenerative diseases, growth in healthcare expenditure, improved access to care, and increased demand for cosmetic procedures.
• The market size is expected to see robust growth in the next few years, reaching $17.2 billion in 2029 at a CAGR of 5.7%.
• Growth in the forecast period will be bolstered by emphasis on patient education and rehabilitation, expanding geriatric population, chronic diseases, emergence of regenerative medicine and tissue engineering, rising healthcare expenditure, expanding medical tourism, and focus on prevention and early intervention.
• Key trends in the forecast period include digitalization and artificial intelligence (AI), collaboration and partnerships, customized and 3D-printed implants, robot-assisted surgery, and wearable health monitoring.
What Is Driving The Growth In The Soft Tissue Repair Market?
The growth of the soft tissue repair market in the historic period was fueled by an increase in sports-related injuries. Soft tissue, which attaches, sustains, or surrounds other body structures and organs, is the most commonly injured during sports or exercise. For instance, after 2020 recorded a record low in reported sports and recreational injuries, the National Safety Council, a US-based non-profit organization, noted a 20% increase in injuries in 2021, and a further 12% increase in 2022. Exercise equipment accounted for about 409,000 injuries in 2021, the most in any sports category, followed by bicycle and accessories causing 375,797 injuries in the US. This surge in sports-associated injuries has driven the soft tissue repair market's growth.
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Who Are the Key Players Driving Soft Tissue Repair Market Growth?
• Organogenesis Inc.
• Stryker Corporation
• Johnson & Johnson Pvt. Ltd.
• Arthrex Inc.
• CryoLife Inc.
• Integra Lifesciences Corporation.
• Wright Medical Technology Inc.
• Smith & Nephew plc.
• C.R. Bard Inc.
• Medtronic PLC.
• Zimmer Biomet Holdings Inc.
• Lifenet Health Inc
• Isto Biologics Company Inc.
• Covidien plc.
• Becton Dickinson and Company
• LifeCell Corporation
• Baxter Healthcare Corporation.
• Boston Scientific Corporation
• Acelity L.P. Inc.
• Artivion Inc.
• Medprin Biotech GmbH.
• Medline Industries Inc.
• Cook Group Inc.
• Ethicon US LLC
• RTI Surgical Inc.
• Tornier Inc.
• Atrium Medical Corporation.
• Coloplast Corp.
• ConvaTec Group Plc
• Endo International Plc
• Kinetic Concepts Inc.
• Mölnlycke Health Care AB .
What Are The Key Trends In The Soft Tissue Repair Market?
• Emphasis on patient education and rehabilitation
• Expanding geriatric population and chronic diseases
• Emergence of regenerative medicine and tissue engineering
• Rising healthcare expenditure and expanding medical tourism
• Focus on prevention and early intervention
• Digitalization and artificial intelligence (AI)
• Collaboration and partnerships
• Customized and 3D-printed implants
• Robot-assisted surgery
• Wearable health monitoring
What Are The Segments Of The Global Soft Tissue Repair Market?
The global Soft Tissue Repair market is categorized -
1) By Product: Fixation Devices, Tissue Patch or Mesh, Laparoscopic Instruments
2) By Application: Hernia Repair, Dural Repair, Skin Repair, Vaginal Sling Procedures, Orthopedic Repair, Dental Repair, Breast Reconstruction Repair
3) By End User: Hospitals, Clinics, Research and Academic Institutes, Other End Users
Which Region Leads The Soft Tissue Repair Market?
North America was the largest region in the soft tissue repair market in 2024, with the Asia-Pacific expected to record the fastest growth over the forecast period. Coverage in the soft tissue repair market report includes the Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Soft Tissue Repair Market Global Market Report?
- Market Size Analysis: Analyze the Soft Tissue Repair Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Soft Tissue Repair Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Soft Tissue Repair Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Soft Tissue Repair Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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