The latest research report on Soft Tissue Repair Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrate its growth trends and competitive landscape as well as the key players in the business.
Soft Tissue Repair Market Size
Global Soft Tissue Repair Market is valued at USD 15.61 Billion in 2020 and expected to reach USD 25.45 Billion by 2027 with the CAGR of 7.23% over the forecast period.
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Soft Tissue Repair Market Growth and Analysis
Soft tissue injuries are a lot of normal, it might happen to an expert just as an amateur athlete or in the work environment, because of slips or fall, or even may occur while performing everyday activities like gardening. Soft tissue repairing is often defined as the body’s replacement of damaged tissue with living tissue. Repairing the soft tissue is a natural healing measure with or without clinical consideration. Soft tissue repair is a difficult cycle and requires continuous observing. There are two aspects to this process: regeneration and repair. A soft tissue injury occurs when muscles, ligaments, and tendons in the body are damaged. Sprains, strain, a one-time hit resulting in a contusion, or overuse of a particular portion of the body are all common soft tissue injuries. Soft-tissue injuries can cause intense pain and restrict the movement of the bones, leading to chronic discomfort if left untreated. Soft tissue repair surgery entails operations that use grafts, sutures, anchors, and other devices to rebuild, restructure, or repair injured areas in order to restore functionality.
During the Covid-19 pandemic, the careful steps taken by governments of different nations have led to the temporary suspension of almost every industry. Covid-19 pandemic has affected supply chain and transportation in healthcare industry as well and delayed many healthcare treatments which include the soft tissue repair as well. Thus, it has affected the growth of soft tissue repair market.
Global Soft Tissue Repair Market Segmentation:
Global soft tissue repair market is segmented into product type, application and regional & country analysis. On the basis of product type, the market is segmented into tissue mesh, fixation devices and laparoscopic instruments. Tissue mesh is further classified into synthetic mesh and biological mesh. Fixation devices are further classified into suture anchors, interference screw and other fixation devices. On the basis of application, market is segmented into skin repair, breast reconstruction, hernia repair, dental repair orthopedic repair, pelvic and vaginal prolapse repair and others.
By Product Type:
- Tissue Mesh
- Synthetic Mesh
- Biological Mesh
- Fixation Devices
- Suture Anchors
- Interference Screw
- Other fixation devices
- Laparoscopic Instruments
By Application:
- Breast Reconstruction
- Hernia Repair
- Dental Repair
- Orthopedic Repair
- Pelvic and Vaginal Prolapse Repair
- Others
The regions covered in this global soft tissue repair market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of global soft tissue repair is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
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Soft Tissue Repair Companies:
Major players in the global soft tissue repair market are
- Arthrex Inc
- Baxter Healthcare Corporation
- Boston Scientific Corporation
- Johnson & Johnson
- R. Bard Inc.
- Covidien plc
- Integra Lifesciences Corporation
- Medtronic PLC
- Smith & Nephew plc
- Stryker Corporation
Soft Tissue Repair News
Venus Concept Launched Venus Heal: An Innovative Treatment Modality for Soft Tissue Injuries and Conditions
February 5th, 2021; Venus Concept Ltd., launched of its latest medical device, Venus Heal. With over 11,000 systems installed worldwide, Venus Concept has expanded their suite of leading medical devices and incorporated their most advanced technology into this latest innovation, intended for the accelerated healing of soft tissue injuries and conditions.
Rising Number of Sport Related Injuries, Incraesing Obesity among People and Rising Healthcare Expenditure are Major Factors Driving the Market Growth
The increasing sport related injuries is one of the major factors driving the growth of global soft tissue repair market. For instance; According to the International Journal of Environmental Research and Public Health; in 2019, 40.4% of those who took part in the competition were injured (39% of them in a previously injured area). The average number of injuries per 1000 hours was 2.64. Soccer had the greatest percentage (7.21). Lumbar muscle strains (12.24 %), ankle sprains (11.98 %), and bone fractures were the most prevalent injuries (9.31 %).The most common injuries were to the ankles (36.12 %), knees (19.32 %), and shoulders (6.47 %). Fifty-nine percent of the injuries were during practices, while 40.72 percent happened during competition or pre-competition.
In addition, increasing obesity is driving the growth of soft tissue repair market. Obesity is linked to soft tissue damage and osteoarthritis, a joint wear and tear condition that progresses over time. Obesity has a particularly negative impact on hip and knee osteoarthritis. According to the global burden of disease; over 4 million people died each year as a result of being overweight or obese in 2017. According to the WHO, More than 1.9 billion adults aged 18 and over were overweight in 2016. Over 650 million of them were fat. In the year 2020, 39 million children under the age of five were overweight or obese. Furthermore, increasing health expenditure is also driving the growth of market. As per the World Health Organization, in 2018, worldwide health spending totaled US$ 8.3 trillion, accounting for around 10% of global GDP.
However, high cost of surgical procedures and lack of reimbursement policies may hamper the soft tissue repair market growth. In spite of that, advancement in medical device technologies like thermal therapy, mechanical therapy, energy-based therapy and many others for treatment of soft tissue injuries can offer more opportunities for the further growth of the global soft tissue repair market.
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North America is Expected to Dominate the Global Soft Tissue Repair Market
North America is expected to dominate the global soft tissue repair market due to the increasing obesity and increasing healthcare expenditure in this region. For instance; according to the data from Trust for America’s Health; obesity is estimated to cost the healthcare spending $149 billion a year. In addition, increasing healthcare expenditure is also one of the major reasons for growth of market. According to the Centers for Medicare and Medicaid Services, in 2019 health-care spending in the United States increased by 4.6 percent to $3.8 trillion, or $11,582 per person. Health spending accounted for 17.7 percent of the nation’s Gross Domestic Product.
Also, Europe is the next growing market for soft tissue repair owing to the rising number of soft tissue injuries and growing sport related injuries in this region. According to the Journal of Clinical Medicine, Using the EJU Injury Registration Form in Europe’s premier judoka competitions from 2005 to 2020, members of the EJU Medical Commission gathered injury data. The study covered 128 top-level competitions with 28,297 athletes over a 15-year period, with 699 injuries reported. 2.5 percent of all competitors required medical attention.
By Regional & Country Analysis: (North America, U.S., Canada, Europe, U.K., France, Germany, Italy,Asia Pacific, China, Japan, India, Southeast Asia, Latin America, Brazil, Mexico, Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)
Key Benefits for Global Soft Tissue Repair Market Report–
- Global Soft Tissue Repair Market report covers in depth historical and forecast analysis.
- Global Soft Tissue Repair Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global Soft Tissue Repair Market report helps to identify opportunities in market place.
- Global Soft Tissue Repair Market report covers extensive analysis of emerging trends and competitive landscape.
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Soft Tissue Repair Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Soft Tissue Repair Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Soft Tissue Repair Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
3. Chapter – Global Soft Tissue Repair Market Overview: Quantitative Analysis
4. Chapter – Global Soft Tissue Repair Market Analysis: Segmentation By Type
5. Chapter – Global Soft Tissue Repair Market Analysis: Segmentation By Application
Continued…..
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