Soft Tissue Repair Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Soft Tissue Repair Market: By Product (Tissue Patch/Matrix, Tissue Fixation Devices), By Application (Hernia Repair, Orthopedic, Skin Repair, Dural Repair, Others) By End-use (Hospitals, Ambulatory Surgical Centers, Clinics), and Geography

 

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Report

Description

Soft Tissue Repair Market size is estimated to be valued at USD 10,783.2 million in 2021 and is poised to grow at a significant CAGR of 5.9% over 2022-2028. Soft tissue comprises muscles, ligaments, tendons, fibrous tissue, skin, synovial membranes, nerves, and other structures that protect organs that allow movement and support bones in the body. Injury to the soft tissues can cause significant pain and cause difficulty in bone mobility. If left untreated can lead to chronic pain. Long-term injuries can make it difficult for patients to work, interact, or move. The Tissue Patch/Matrix segment is anticipated to grow at a significant CAGR over the forecast years owing to the increased use of synthetic mesh across different types of orthopedic surgeries as they reduce surgical time. Moreover, market players are focusing on launching new products. For instance, In November, 2021, Sanara MedTech Inc, a provider of products and technologies for surgical and chronic wound care dedicated to improving patient outcomes, announced the commercial launch of two new innovative products from Cook Biotech Inc. The growth of the market is anticipated to factors such as the increasing aging population and obesity rate, growing incidence of sports injuries, and a strong focus on R&D leading to the launch of technologically advanced products.

Recent Market Developments:

In January 2021, Smith & Nephew, a British multinational medical equipment manufacturing company, acquired the Extremity Orthopedics business of Integra Life Sciences Holdings Corporation.

In December 2021, BD acquired Tissue med, Ltd. (UK). This acquisition complements BD’s core portfolio by adding a broadly applicable surgical sealant to a suite of BD biosurgery products already relied upon in the operating room.

Soft Tissue Repair Market

MARKET SUMMARY
-
5.9%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 5.9%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Soft Tissue Repair Market

  • The soft tissue repair market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The soft tissue repair market segmented based on product type, application, end-use and geography.
Key Players
  • Arthrex Inc.
  • Smith & Nephew plc
  • Johnson & Johnson
  • Stryker Corporation
  • Medtronic plc.
Soft Tissue Repair Market Dynamics

Globally, there is a growing awareness of the health advantages of sports and physical activity. Sports have become more popular among young people as the number of individuals engaging in various sports has grown dramatically. According to the National Basketball League of the United States, the number of basketball participants (aged six and older) in 2020 will be roughly 24.23 million. These sports are also gaining popularity in Asian nations such as China, Korea, India, and the former Soviet Union. According to the National Federation of State High School Associations (NFHS), annual High School Athlete Participation grew for the 25th consecutive year in 2020-2021. According to the Sports Medicine Research Institute research, there is a considerable increase in soft tissue injuries among the younger generation participating in physical activities. Sports and other recreational activities for children can result in various accidents and soft tissue and hard tissue injuries, such as fractures. With increased sports involvement throughout the globe, the frequency of sports-related soft tissue injuries is expected to rise, driving the soft tissue repair market.


North-America Got Significant Share

Soft Tissue Repair Market

The Soft Tissue Repair market in North America is likely to hold the highest revenue share of in 2021 and same trend is expected over the forecast period due to increased need for soft tissue healing products, the expanding geriatric population, and the increasing number of trauma cases will drive the region's soft tissue repair market growth throughout the projection period. Moreover, Asia-Pacific is expected to have significant growth from 2022 to 2028 owing to an increase in the number of soft tissues repair surgical operations is expected to drive the region's soft tissue repair market growth in the future years.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The soft tissue repair market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Soft Tissue Repair Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The global soft tissue repair market size was valued at around USD 10,783.2 million in 2021

The hospital’s segment accounted for the largest share of the soft tissue repair market in 2021.

Arthrex Inc., Smith & Nephew plc, Johnson & Johnson, Becton, Dickinson & Company, Stryker Corporation, Medtronic plc.


Report

Company Profile

  • Arthrex Inc.
  • Smith & Nephew plc
  • Johnson & Johnson
  • Becton, Dickinson & Company
  • Stryker Corporation
  • Medtronic plc.
  • Zimmer Biomet
  • Integra Lifesciences Holdings Corporation
  • Cryolife Inc.
  • Organogenesis Inc.
  • Lifenet Health Inc.

Description

Soft Tissue Repair Market size is estimated to be valued at USD 10,783.2 million in 2021 and is poised to grow at a significant CAGR of 5.9% over 2022-2028. Soft tissue comprises muscles, ligaments, tendons, fibrous tissue, skin, synovial membranes, nerves, and other structures that protect organs that allow movement and support bones in the body. Injury to the soft tissues can cause significant pain and cause difficulty in bone mobility. If left untreated can lead to chronic pain. Long-term injuries can make it difficult for patients to work, interact, or move. The Tissue Patch/Matrix segment is anticipated to grow at a significant CAGR over the forecast years owing to the increased use of synthetic mesh across different types of orthopedic surgeries as they reduce surgical time. Moreover, market players are focusing on launching new products. For instance, In November, 2021, Sanara MedTech Inc, a provider of products and technologies for surgical and chronic wound care dedicated to improving patient outcomes, announced the commercial launch of two new innovative products from Cook Biotech Inc. The growth of the market is anticipated to factors such as the increasing aging population and obesity rate, growing incidence of sports injuries, and a strong focus on R&D leading to the launch of technologically advanced products.

Recent Market Developments:

In January 2021, Smith & Nephew, a British multinational medical equipment manufacturing company, acquired the Extremity Orthopedics business of Integra Life Sciences Holdings Corporation.

In December 2021, BD acquired Tissue med, Ltd. (UK). This acquisition complements BD’s core portfolio by adding a broadly applicable surgical sealant to a suite of BD biosurgery products already relied upon in the operating room.

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