Overview and Scope
Soft tissue repair is defined as the replacement of wounded or damaged tissues with healthy tissues. The soft tissue repair market manufacture soft tissue repair products.
Sizing and Forecast
The soft tissue repair market size has grown strongly in recent years. It will grow from $11.66 billion in 2023 to $12.66 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to increased prevalence of sports injuries, aging population and degenerative diseases, growth in healthcare expenditure and improved access to care, increased awareness and demand for cosmetic procedures..
The soft tissue repair market size is expected to see strong growth in the next few years. It will grow to $16.21 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to emphasis on patient education and rehabilitation, expanding geriatric population and chronic diseases, emergence of regenerative medicine and tissue engineering, rising healthcare expenditure and expanding medical tourism, focus on prevention and early intervention.. Major trends in the forecast period include digitalization and artificial intelligence (ai), collaboration and partnerships, customized and 3d-printed implants, robot-assisted surgery, wearable health monitoring..
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Segmentation & Regional Insights
The soft tissue repair market covered in this report is segmented –
1) By Product: Fixation Devices, Tissue Patch or Mesh, Laparoscopic Instruments
2) By Application: Hernia Repair, Dural Repair, Skin Repair, Vaginal Sling Procedures, Orthopedic Repair, Dental Repair, Breast Reconstruction Repair
3) By End User: Hospitals, Clinics, Research and Academic Institutes, Other End Users
North America was the largest region in the soft tissue repair market in 2023. Asia-Pacific region is predicted to record fastest growth over the forecast period. The regions covered in the soft tissue repair market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The increasing cases of sport-related injuries boosted the growth of the soft tissue repair market in the historic period. Sports injuries are injuries that occur when participating in sports or exercising. In sports, soft tissue injuries are the most frequent. Tissues that attach, sustain, or surround other body structures and organs are referred to as soft tissue. For instance, according to the National Safety Council, an American non-profit organization promoting health and safety, in 2021, Exercise equipment accounted for about 409,000 injuries which was the most in any sports category. Bicycles and accessories were the second largest cause of injuries injuring 375,797 injuries in the US. Therefore, the increasing prevalence of sport-related injuries drove the growth of the soft tissue repair market.
Key Industry Players
Major companies operating in the soft tissue repair market include Organogenesis Inc., Stryker Corporation, Johnson & Johnson Pvt. Ltd., Arthrex Inc., CryoLife Inc., Integra Lifesciences Corporation., Wright Medical Technology Inc., Smith & Nephew plc., C.R. Bard Inc., Medtronic PLC., Zimmer Biomet Holdings Inc., Lifenet Health Inc, Isto Biologics Company Inc., Covidien plc., Becton Dickinson and Company, LifeCell Corporation, Baxter Healthcare Corporation., Boston Scientific Corporation, Acelity L.P. Inc., Artivion Inc., Medprin Biotech GmbH., Medline Industries Inc., Cook Group Inc., Ethicon US LLC, RTI Surgical Inc., Tornier Inc., Atrium Medical Corporation., Coloplast Corp., ConvaTec Group Plc, Endo International Plc, Kinetic Concepts Inc., Mölnlycke Health Care AB
The soft tissue repair market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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