North America Soft Tissue Anchors Market Trends, Size, Segment and Growth by Forecast to 2030

The North American soft tissue anchors market is projected to grow from US$ 295.54 million in 2022 to US$ 402.86 million by 2028, representing a compound annual growth rate (CAGR) of 5.3% during this period.

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This growth is influenced by an increase in life expectancy, leading to a larger geriatric population. According to the World Health Organization (WHO), the global population aged 60 years and above reached 1 billion in 2019 and is expected to grow to 1.4 billion by 2030 and 2.1 billion by 2050. In the United States, the number of individuals aged 65 and older is expected to rise from 46 million in 2016 to over 98 million by 2060, with their share of the total population increasing from approximately 15% to 24% over this period. The aging population has contributed to a higher incidence of orthopedic conditions, including osteoarthritis, joint pain, and the need for joint replacement, driving the demand for soft tissue anchors. Additionally, obesity, a major contributor to orthopedic injuries, increases the risk of conditions such as soft tissue damage and osteoarthritis, further supporting market growth. The growing elderly and obese populations in North America are thus expected to drive the demand for soft tissue anchors in the region.

North America Soft Tissue Anchors Strategic Insights

Strategic insights for the North America Soft Tissue Anchors provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Soft Tissue Anchors Regional Insights
The geographic scope of the North America Soft Tissue Anchors refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Market leaders and key company profiles

Aju Pharm Co., Ltd.
Arthrex, Inc.
CONMED Corporation
Cook Medical LLC
DJO, LLC (Colfax Corporation)
Johnson & Johnson Services, Inc. (DePuy Synthes)
Medtronic
Smith & Nephew Plc.
Stryker Corporation
Zimmer Biomet

North America Soft Tissue Anchors Market Segmentation

The North America soft tissue anchors market is segmented on the basis of type, typing type, material, end user, and country. Based on type, the market is bifurcated into absorbable and non-absorbable. The absorbable segment dominated the market in 2022, and the market for the same segment is expected to grow at a faster pace during the forecast period. Based on typing type, the market is bifurcated into knotted and knotless. The knotless segment dominated the market in 2022, and the market for the same segment is expected to grow at a faster pace during the forecast period. Based on material, the market is segmented into metallic suture anchor, bioabsorbable suture anchor, PEEK suture anchor, bio-composite suture anchor, and others. The PEEK suture anchor segment dominated the market in 2022. However, the market for the bio-composite suture anchor segment is expected to grow at the fastest rate during the forecast period. Based on end user, the North America soft tissue anchors market is segmented into hospitals, clinics, emergency medical services, and others. The emergency medical services segment dominated the market in 2022, and the market for this segment is expected to grow at the fastest rate during the forecast period. Based on country, the market is segmented into the US, Canada, and Mexico.

Aju Pharm Co., Ltd.; Arthrex, Inc.; CONMED Corporation; Cook Medical LLC; DJO, LLC (Colfax Corporation); Johnson & Johnson Services, Inc. (DePuy Synthes); Medtronic; Smith & Nephew Plc.; Stryker Corporation; and Zimmer Biometare among the leading companies in the North America soft tissue anchors market.

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