The global soft tissue repair market garnered $16.55 billion in 2017 and is expected to reach $25.63 billion by 2025, thereby growing at a significant CAGR of 5.6% during the forecast period, 2018 to 2025.
The market study is an in-depth analysis of the soft tissue repair market. It enables the interested market players and investors to understand the entire market with the help of critical industry insights. It offers an overview of the drivers, restraints, and opportunities influencing the market growth. It analyzes the market size and share, classification, and trends that prevail in the industry. Information about the key players operating in the market are also elaborately discussed.
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The report elaborately analyzes the drivers, restraints, and opportunities of the global soft tissue repair market. Surge in obese population, rise in geriatric population, and increase in participation in sports activities and the rise in of soft tissue injuries are the factors that drive the growth of the market. However, lack of reimbursement & high cost of soft tissue repair procedures and unclear regulatory scenario hinder the growth of the industry. Conversely, high potential of emerging economies and increase in demand for soft tissue repair products create growth opportunities for the market.
The report emphasizes on the various segments of the global soft tissue repair market. The market is segmented into type, application, and geography. Based on type, the market is divided into tissue mesh, laparoscopic instrument, and fixation device. The application segment is divided into breast reconstruction, dental repair, dural repair, head & neck product, hernia repair, orthopedic repair, pelvic & vaginal prolapse repair, and skin repair. Region wise, the market is divided into North America, Europe, Asia-Pacific, and LAMEA. The market analysis in North America includes the U.S., Canada, and Mexico. The market analysis in Europe covers UK, Germany, France, Spain, and the rest of Europe. The study in the Asia-Pacific region covers China, Japan, India, Singapore, Australia, and the rest of Asia-Pacific. In LAMEA, the market study covers Brazil, Turkey, Saudi Arabia, South Africa, and the rest of LAMEA.
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The key players in the global soft tissue repair market are expanding the scope of their business operations in the developing countries by including innovative products in their product portfolios. The report includes a detailed competitive analysis of the major market players, such as Allergan Plc. (LifeCell Corporation), Athersys, Inc., CryoLife, Inc., Integra Lifesciences Corporation, Medtronic Plc., Organogenesis Inc., Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew plc., and Becton, Dickinson and Company (C.R. Bard).
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