The global soft tissue repair market is
expected to reach USD 10.73 billion by 2025, according to a new report by Grand
View Research, Inc. Growing number of trauma patients and orthopedic surgeries
is one of the key factors expected to drive revenue growth in coming few years.
Soft tissue comprises of muscles,
ligaments, tendons, fibrous tissue, skin, synovial membranes, nerves and others
which protect organs, enable movement and support bones in the body. Injury to
the soft tissues can cause severe pain and also may stop movement of the bones,
which if left untreated can lead to chronic pain. Over the long-term, injuries
hamper everyday life of the patients as it becomes difficult to work, socialize
or even move. Most of the injuries are caused because of sprain, trauma of
strain on the muscles. Soft tissue repair surgery comprises of procedures
wherein devices like grafts, sutures, anchors and other devices are used to
remodel, reshape or fix the damaged parts to restore its functionality. With
the growing number of related injuries, the products used in repair surgeries
are expected to witness exponential demand over the forecast period.
Factors influencing soft tissue repair
market growth are growing number of patients suffering from sports related
injuries. Sprains, contusions, strains, tendinitis, and bursitis are some common
injuries, that are suffered by athletes. Growing awareness about impact of
these injuries on athletes’ performance and awareness regarding available
treatment options for soft tissue repair are expected to promote revenue growth
of the soft tissue repair market. Ageing population is another significant
factor promoting revenue growth. Old people are more susceptible to fractures
and trauma associated injury and often require joint replacement and
reconstruction surgeries. According to a United Nations report in 2015, the
population of people aged 60 years and above is projected to grow by 56% and is
expected to reach 1.4 billion by 2030. This in turn is expected to bolster the
patient pool for joint replacement and soft tissue repair surgeries and in turn
propel revenue growth of the market over the forecast period.
Full Research Report On Soft Tissue Repair Market Analysis:
http://www.grandviewresearch.com/industry-analysis/soft-tissue-repair-market
http://www.grandviewresearch.com/industry-analysis/soft-tissue-repair-market
Further Key Findings From the Report Suggest:
·
The global soft tissue repair
market size was estimated at USD 5.73 billion in 2016 and is expected to grow
at a CAGR of 7.3% from 2017 to 2025
·
Fixation products emerged as
the largest product type segment in 2016 and is estimated to generate revenue
over USD 6.15 billion by 2025
·
Orthopedic surgery segment was
estimated at USD 1.47 billion in 2016 and is anticipated to witness fastest
growth over the forecast period
·
The Asia Pacific region is
projected to witness substantial growth over the next decade owing to various
developments across major economies in the region. This regional market is
expected to grow at a CAGR of 7.7% from 2017 to 2025
·
Some of the key players
including Stryker Corporation; Arthrex, Inc.; C.R.Bard, Inc., Integra
LifeScience Corporation, Smith & Nephew plc. and Depuy Synthes
View More Reports Of This Category By Grand View Research
At: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the
global soft tissue repair market on the basis of product, application and
region:
Soft Tissue Repair Product Outlook (Revenue, USD Million,
2014 - 2025)
·
Fixation Products
o Suture
o Suture Anchors
·
Tissue Patch/Match
o Biological
o Synthetic
Soft Tissue Repair Application Outlook (Revenue, USD
Million, 2014 - 2025)
·
Orthopedic Surgery
·
Breast Reconstruction
·
Hernia Repair
·
Skin Repair
·
Vaginal Sling Repair
·
Cardiovascular Surgery
·
Dental Reconstruction
·
Others
Soft Tissue Repair Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
North America
o U.S.
o Canada
·
Europe
o Germany
o UK
·
Asia Pacific
o China
o Japan
·
Latin America
o Brazil
o Mexico
·
Middle East & Africa
o South Africa
Access Full Press Release of this Report: https://www.grandviewresearch.com/press-release/global-soft-tissue-repair-market
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/
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