02-Nov-2021 | Zion Market Research
As per the findings of Zion Market Research study, Orthopedic Soft Tissue Repair industry amassed revenue about US$ 5.7 billion in 2020 and is prognosis to accrue revenue of approximately US$ 11.2 billion by 2028. Moreover, Orthopedic Soft Tissue Repair market is projected to record a CAGR of approximately 6.4% in 2021-2028. Apparently, ripples of evolution of orthopedic soft tissue repair market in next few years can be credited to rise in cases of soft tissue damages in geriatric population. In addition to this, breakthroughs in novel treatments and rise in awareness related to health & fitness will culminate into massive surge in orthopedic soft tissue repair market size. Furthermore, athletes are susceptible to ACL damages and can threaten their mobility as well as participation in sports events. This has resulted into tremendous demand for orthopedic soft tissue repairs in recent years. Decline in mortality rates has transpired into rise in geriatric population, thereby transmuting into market progression. Aging has resulted into degeneration of skeletal & muscuskeletal systems among elderly persons and this has manifested into large-scale requirement of orthopedic soft tissue repairs in healthcare sector. Furthermore, arthritis and weak ligaments has enhanced penetration of orthopedic soft tissue repairs in medical sector as well as hospitals & clinics, thereby paving way for expansion of orthopedic soft tissue repair market.
Knee Injury Location Segment To Contribute Notably Towards Market Size By 2028
Advancement of knee injury location segment over forecast timespan can be credited to rise in use of orthopedic soft tissue repair surgeries in knee injuries. Furthermore, rise in knee tissue wear & tear in aging populace as well as sports persons have translated into humungous need for orthopedic soft tissue repairs in healthcare sector.
Asia Pacific Orthopedic Soft Tissue Repair Market To Record Fastest Surge By 2028
Expansion of Orthopedic Soft Tissue Repair industry in Asia Pacific over upcoming years can be credited to rise in occurrence of musculoskeletal disorders in emerging economies of the region. In addition to this, increase in presence of regional players in countries such as India, China, Thailand, and Indonesia will result in dilation of regional market size in years ahead.
Major players expediting orthopedic soft tissue repair market growth and profiled in our market research report include Wright Medical Group N.V., Stryker Corporation, Arthrex, Inc., Zimmer Biomet, CONMED Corporation, DePuy Synthes, Inc., Smith & Nephew, and Integra Lifesciences Holding Corporation.
Browse the full “Orthopedic Soft Tissue Repair Market- By Application (Epicondylitis And Pelvic Organ Prolapse), By Injury Location (Knee, Hip, Small Joints, And Shoulder), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021 – 2028.” Report at https://www.zionmarketresearch.com/report/orthopedic-soft-tissue-repair-market
The global Orthopedic Soft Tissue Repair Market is segmented as follows:
By Injury Location
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