Orthopedic Soft Tissue Repair Market : By Industry Trends, Leading Players, Size, Share, Growth, Opportunity And Forecast 2024-2033

Overview and Scope
Orthopedic soft tissue repair is the process of replacing the injured or damaged tissues with healthy tissues. It comprises nerves, ligaments, blood vessels, muscles, tendons and synovial membranes. Orthopedic soft tissue injuries often occur during sports and physical activities but can also be caused by simple everyday tasks and continuous use of a particular body part.

Sizing and Forecast
The orthopedic soft tissue repair market size has grown strongly in recent years. It will grow from $5.61 billion in 2023 to $6.05 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to advancements in surgical techniques, technological innovations in implants, sports-related injuries, aging population, regenerative medicine research.

The orthopedic soft tissue repair market size is expected to see strong growth in the next few years. It will grow to $8.23 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to increasing geriatric population, rise in sports injuries, regenerative medicine development, minimally invasive procedures. Major trends in the forecast period include biological augmentation techniques, demand for minimally invasive procedures, advancements in implant technologies, focus on tissue engineering, personalized treatment approaches.

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The orthopedic soft tissue repair market covered in this report is segmented –

1) By Procedure: Cruciate Ligaments Repair, Rotator Cuff Repair, Lateral Epicondylitis, Achilles Tendinosis Repair, Pelvic Organ Prolapse, Gluteal Tendon Repair, Hip Arthroscopy, Biceps Tenodesis, Other Procedures
2) By Injury Location: Knee, Shoulder, Hip, Small Joints
3) By End User: Hospitals, Ambulatory Centers, Orthopedic Clinics

North America was the largest region in the orthopedic soft tissue repair market in 2023. The regions covered in the orthopedic soft tissue repair market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The increasing incidence of sports-related injuries is expected to propel the growth of the orthopedic soft tissue repair market going forward. Sports injuries are those sustained while participating in sports or exercising events. Orthopedic soft tissue repair is used in the repair of muscle, blood vessels, fibrous tissue, and other supporting connective tissues, that are injured during sports. For instance, according to the National Safety Council, a US-based non-profit organization promoting health and safety, in 2021, exercise equipment accounted for about 409,000 injuries which were the most in any sports category. Bicycles and accessories were the second largest cause of injuries causing 375,797 injuries in the USA. Therefore, the increasing incidence of sports-related injuries is driving the growth of the orthopedic soft tissue repair market.

Key Industry Players
Major companies operating in the orthopedic soft tissue repair market are launching new products to sustain their position in the market. For instance, in May 2022, Paragon 28 Inc., a US-based medical device company, launched the Grappler Suture Anchor System. The Grappler Suture Anchor System is a device designed to address the challenges present when performing soft tissue tensioning and ligament reconstruction in acute procedures of the foot and ankle. It has a drilling wire that features a non-skive tip and laser line to ensure drilling is safe and accurate. This system provides surgeons with an alternative fixation option designed to limit implant migration and loss of tension for intraoperative tissue reattachment. It contains Grappler PEEK and titanium anchors for efficiency in the operating room. This system has PEEK anchors in a single kit with all instrumentation for repair.

The orthopedic soft tissue repair market report table of contents includes:

1. Executive Summary

2. Orthopedic Soft Tissue Repair Market Characteristics

3. Orthopedic Soft Tissue Repair Market Trends And Strategies

4. Orthopedic Soft Tissue Repair Market – Macro Economic Scenario

5. Global Orthopedic Soft Tissue Repair Market Size and Growth
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31. Global Orthopedic Soft Tissue Repair Market Competitive Benchmarking

32. Global Orthopedic Soft Tissue Repair Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Orthopedic Soft Tissue Repair Market

34. Orthopedic Soft Tissue Repair Market Future Outlook and Potential Analysis

35. Appendix

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