Market Highlights
The Global Soft
Tissue Repair Market is expected to grow at an approximate CAGR of 6.2%
during the forecast period, 2018–2023.
The rising
cases of sports-related injuries and technological advancements are some of the
key factors driving the soft tissue repair market. For instance, in 2016,
Colorado Therapeutics received FDA approval for its xenograft implant. The
xenograft implant is designed for the surgical repair of damaged or ruptured
membranes.
Get Free Sample @ https://www.marketresearchfuture.com/sample_request/7810
Various other
factors such as increasing awareness about orthopedic disorders and other
related conditions, improvement in reimbursement policies, untapped emerging
markets, and increasing healthcare expenditure are also expected to propel the
growth of the market.
However, the
high cost of advanced equipment and a shortage of physicians in emerging
markets can hamper market growth over the forecast period.
Regional
Analysis
The Americas dominated the
global market for soft tissue repair owing to the increasing healthcare
expenditure presence of major market players and rising geriatric population
within the region. As per the data suggested by the United Census Bureau, by
2060, the US is projected to grow by 79 million people, from about 326 million
today to 404 million. The population is projected to cross the 400-million
threshold in 2058.
In 2017, it was estimated
that Europe stood second in the global soft tissue repair market. Robust
research and development (R&D) sector along with the availability of
funding opportunities in research and innovation will support the market
growth.
Asia-Pacific (APAC) is
expected to represent the phenomenal market growth throughout the forecast
period due to increasing demand for medical technology, growing health
awareness, and growing aging population coupled with the rising prevalence of
orthopedic diseases in India, Japan, and Australia. For instance, according to
the United Nations Economic and Social Commission for Asia and the Pacific
(ESCAP), in 2016, around 12.4% of the population in the region was 60 years or
older and is projected to reach to more than 1.3 billion by 2050.
On the other hand, the
Middle East and Africa held the least share in the global soft tissue repair
market due to the low economic development, especially within the African
region.
Browse Details @ https://www.marketresearchfuture.com/reports/soft-tissue-repair-market-7810
Segmentation
The global soft tissue
repair market is segmented based on product, application, end user, and region.
the global market for soft
tissue repair, by product, is segmented into fixation products, tissue
patch/match, laparoscopic instrument, and others. The fixation products segment
is further classified as a suture, suture anchors, and interference screw. The
tissue patch/match segment is further classified as biological, and synthetic.
The biological segment includes allograft and xenograft.
Based on application, the
market is segmented into orthopedic surgery, skin repair, hernia repair,
vaginal sling repair, dental reconstruction, cardiovascular surgery, breast
reconstruction, and others.
Based on end user, the
market is segmented into hospitals, clinics, research & academic
institutes, and others.
Key
Players
Some of the key players in
the global soft tissue repair market are Stryker Corporation, C.R. Bard, Inc.,
Arthrex, Inc., Integra LifeScience Corporation, Depuy Synthes, Smith &
Nephew plc, Allergan Plc., Athersys, Inc., CryoLife, Inc., Medtronic Plc.,
Organogenesis Inc., Zimmer Biomet Holdings, Inc., Lifenet Health, Inc.,
American Medical Systems Inc., US Stem Cell, Inc., Wright Medical Group, Inc.,
Isto Biologics, and others.
About Market Research Future:
At Market Research Future
(MRFR), we enable our customers to unravel the complexity of various industries
through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR),
Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research
& Consulting Services.
MRFR team have supreme
objective to provide the optimum quality market research and intelligence
services to our clients. Our market research studies by Components,
Application, Logistics and market players for global, regional, and country
level market segments, enable our clients to see more, know more, and do more,
which help to answer all their most important questions.
In order to stay updated with
technology and work process of the industry, MRFR often plans & conducts
meet with the industry experts and industrial visits for its research analyst
members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
Blog:
https://healthcarenews12.blogspot.com/
No comments:
Post a Comment