The Orthopedic Soft Tissue Repair Global Market Report 2023, provides comprehensive information on the orthopedic soft tissue repair market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Orthopedic Soft Tissue Repair Global Market Report 2023, the global orthopedic soft tissue repair market size is expected to grow from $5.22 billion in 2022 to $5.62 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global orthopedic soft tissue repair market size is expected to grow to $7.43 billion in 2027 at a CAGR of 7.2%.
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Product innovation is a key trend gaining popularity in the orthopedic soft tissue repair market. Major companies operating in the orthopedic soft tissue repair sector are focused on developing and adopting innovative solutions for tissue repair and strengthen their position in the market. For instance, in April 2020, In2Bones, a US-based designer, manufacturer, and distributor of medical devices for the treatment of disorders and injuries, introduced the ClearGuard LE Endoscopic Soft Tissue Release System, which is used by orthopedic and podiatric specialists to treat a variety of foot problems. The ClearGuard LE Endoscopic Soft Tissue Release System provides orthopedic and podiatric specialists with an easy-to-use, repeatable, and cost-effective system for high-volume lower extremity soft tissue surgeries such as plantar fascia, gastrocnemius, tarsal tunnel, and Morton’s neuroma.
The orthopedic soft tissue repair market 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 2022.
The table of contents in TBRC’s orthopedic soft tissue repair market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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