Artificial Tendons and Ligaments Market To Record Lucrative Growth With US$ 93.6 Million By 2027

January 2022 | Report Format: Electronic (PDF)

The increasing prevalence of sports injuries, such as ankle sprain, groin pull, hamstring strain, tennis elbow as well as an increase in patient demand for minimally invasive treatments, are two important reasons driving the artificial tendons and ligaments market. For example, according to "Accident and Emergency (A&E) data," around 24.8 million sports injuries were reported in 2019, up 2% from 2018. Patient's lack of understanding and healthcare practitioners’ hesitation to use artificial tendons and ligaments might potentially hamper industry expansion.

In the forecast period, North America is expected to dominate the global artificial tendons and ligaments market. The region's supremacy is attributable to a number of causes, including an increase in sports injuries and a growing older population. Due to factors such as greater awareness, general acceptance of revolutionary surgical treatments, and adoption of sophisticated healthcare infrastructure in the region, the United States has the biggest market share followed by UK in the Europe.

Quadriceps weakness, tendon rupture, anterior knee soreness, and loss of complete extension have all been linked to autologous and allogeneic transplants. As a result of the hazards connected with autograft and allograft surgeries, synthetic materials for ligament reconstruction have been developed. Players in the industry, as well as various research organisations, are concentrating their efforts on R&D to develop a unique material that is immune-free and has high tensile strength and abrasion resistance. New synthetic ligament grafts that can integrate with native bones, support the knee, and promote the formation of new ligament tissues are also being developed by researchers.  As a result, increased R&D activities are expected to maintain this industry on a high development path.

Request a Free Sample Copy: Artificial Tendons and Ligaments Market Report

Artificial Tendons and Ligaments Market Report Highlights

• In February 2020, Olympus Announces Acquisition of FH ORTHO, an International Orthopaedics Company in France to build on its portfolio of innovative and patient-focused solutions that are used in MIS procedures in ligament repair, foot & ankle, and trauma surgery.
• In May 2020, Corin entered into a strategic partnership with REM Systems recognized as a leading provider of equipment, devices and consumables across the New Zealand healthcare market to improve patient outcomes, with a strong focus in orthopaedic surgery.
• In August 2018, Global Orthopaedic Technology Pty Ltd., an orthopaedic implant designer and producer, was bought by Corin Group, an international orthopaedic corporation. Corin's position in the hip and knee joint replacement market will be strengthened as a result of this acquisition.

ARTIFICIAL TENDONS AND LIGAMENTS MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Artificial Tendons and Ligaments Application Outlook (Revenue, USD Million, 2016 - 2027)

• Knee Injuries
• Foot and Ankle Injuries
• Shoulder Injuries
• Others

Artificial Tendons and Ligaments End User Outlook (Revenue, USD Million, 2016 - 2027)

• Hospitals & Clinics
• Ambulatory Surgery Centres (ASCs)

Artificial Tendons and Ligaments Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players- Artificial Tendons and Ligaments Market

• Xiros
• Orthomed S.A.S.
• Corin Group
• Arthrex Inc.
• Mathys AG Bettlach
• Olympus
• Cousin Biotech
• FX Solutions
• Stryker Corporation
• Shanghai Pine & Power Biotech Co., Ltd.
• Artelon
• Lars

About Market Research Strategy:

Market Research Strategy (MRS) is a dedicated and disciplined market research firm that delivers authentic consulting services with accurate data forecasting for research-related services. The positive and result-oriented approaches implemented by us are beneficial in identifying the market challenges of any brand or start-up company to penetrate the competitive business space.

MRS also supports numerous organizations with its syndicate data and research reports to establish and survive in the market by grabbing the available market opportunities. Our vast experience and huge client database turn out to be our wealth and also secures our market position at the top of the list. Besides, we make use of every single piece of information, mined from authentic sources, into a valuable asset of the report; aiding our clients with informed business decisions.

Contact Us:

Market Research Strategy

473 Mundet Place,

Ste US520501 Hillside

New Jersey 07205 United States

USA Phone: +1 9176726599

Business Email: sales@marketresearchstrategy.com

Website: https://marketresearchstrategy.com/