Polaris Market Research recently published [115+ Pages] research report on “Soft Tissue Repair Market Share, Size, Trends, Industry Analysis Report, By Product (Tissue Patch/Matrix, Tissue Fixation Devices); By Application; By Region; Segment Forecast, 2022-2030” in its research database.
According to the research study, the global soft tissue repair market size was valued at USD 13.36 billion in 2021 and is expected to reach USD 20.28 Billion by 2030, growing at a CAGR of 4.88% during the forecast period.
What is Soft Tissue Repair? How Big is Soft Tissue Repair Market Size?
- Overview
Soft tissue damage means an injury to the muscles, tendons, and ligaments that affect in the form of swelling and pain. Soft tissue repair is described as the replacement of damaged tissue by living tissue in the body. This process includes two parts, i.e., repair and regeneration. The recent treatment options are heavily reliant on surgical methods with a low success rate.
Moreover, the treatment of these tissues covers healing the swollen and painful area with compression, elevation, rest, and anti-inflammatory medicine. Any substance used in the repair of muscle, fibrous tissue, blood vessels, and supporting connective tissues is evaluated as a soft tissue repair product. Increasing the number of spot injuries is anticipated to propel the soft tissue repair market demand over the assessment period.
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Key Highlights of the Report
- The complete analysis includes an assessment of the evaluating market.
- Estimation of growth opportunities in key segments and regions.
- Major changes in industry dynamics.
- Current, historical, and projected size of the market by both value and volume.
- Recommendations to companies for strengthening their presence in the industry.
- Detailed company profiling of top players in the industry.
Growth Driving Factors
- Rising prevalence of chronic disorders pushes the market growth
The soft tissue repair market share is growing due to increasing cases of popular conditions that include obesity and diabetes. Another factor raising the soft tissue repair industry is the increasing prevalence of chronic conditions. Increasing the number of geriatric populations is also responsible for the market’s growth. The lack of substitutes for soft tissue repair surgeries will positively impact market growth.
Furthermore, the growing frequency of soft tissue injuries is uplifting the soft tissue repair market size. Also, rising research and development leads to the launch of technologically advanced products that are anticipated to fuel the market demand over the foreseen period. Soft tissue or muscle damage and rising awareness about the products will uplift the soft tissue repair solutions and quality-based products demand.
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Recent Developments
- In April 2021, Aroa Biosurgery announced its U.S. FDA clearance for its newly launched product, Myriad Morcells. This is a morcellized (powdered) format of myriad matrix, which helps in healing complex wounds.
- In August 2022Avita Medical, a US-based start-up released the final findings of research it had undertaken in patients with soft tissue injuries utilizing its recently released RECELL System.
Some of the Top Market Players Are:
- Smith & Nephew
- Arthrex
- Stryker Corporation
- Baxter
- Johnson & Johnson
- Medtronic
- LifeNet Health
- Becton
- Dickinson and Company
- Integra Life Sciences Corporation
- CryoLife
- Boston Scientific Corporation
- Zimmer Biomet
- Baxter International
- ACell
- Tissue Regenix Group
- Aroa Biosurgery
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Tissue Patch/Matrix is dominating the market
On the basis of product, the tissue patch/matrix accounted for the largest market segment in 2021. The segment is dominating because the synthetic mesh is progressively employed all over different sorts of orthopedic surgeries owing to its capacity to decrease surgical times. Also, companies are placing their efforts into creating an extracellular matrix for soft tissue repair.
The hernia repair segment is considered as the highest market share
Based on application, the soft tissue repair market segmentations are classified into several segments out of all the hernia repair segments that dominate the market. Some of the major reasons for the market’s dominance include the rise in soft tissue repair surgeries carried out across the globe, an increase in sports injuries, hernia cases, and lifestyle concerns such as obesity, osteoporosis, and arthritis.
Soft Tissue Repair Market: Report Scope
Report Attribute | Details |
Market Outlook for 2030 | USD 20.28 Billion |
Market Size 2022 Value | USD 13.85 Billion |
Expected CAGR Growth | 4.88% from 2022 – 2030 |
Base Year | 2021 |
Forecast Year | 2022 – 2030 |
Top Market Players | Smith & Nephew, Arthrex, Stryker Corporation, Baxter, Johnson & Johnson, Medtronic, LifeNet Health, Becton, Dickinson and Company, Integra Life Sciences Corporation, CryoLife, Boston Scientific Corporation, Zimmer Biomet, Baxter International, ACell , Tissue Regenix Group, and Aroa Biosurgery. |
Segments Covered | By Product, By Application, By Region |
Customization Options | Customized purchase options are available to meet your research needs. Explore customized purchase options |
Geographic Overview
- North America is anticipated to dominate the market
On a geographical basis, the North American region is considered the largest soft tissue repair market share. The key factor responsible for the region’s highest market is the rapid rise in sports injuries and product launches by crucial companies. Owing to the existence of favorably developed medical facilities and persistently high healthcare spending the industry is expanding.
Browse the Detail Report “Soft Tissue Repair Market Share, Size, Trends, Industry Analysis Report, By Product (Tissue Patch/Matrix, Tissue Fixation Devices); By Application; By Region; Segment Forecast, 2022-2030” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/soft-tissue-repair-market
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Key Questions Answered in The Report Include:
- What is the current market size in various regions with promising growth opportunities?
- What will the soft tissue repair market size and growth rate be in the forecast period?
- What are the key factors driving the industry?
- What are the business growth strategies adopted by developed and developing regions?
- What are the key outcomes of the five forces analysis?
- Who are the leading players active in the industry?
- What’s the competition in this industry, both company, and country-wise?
Polaris Market Research has segmented the Soft Tissue Repair Market report based on product, application, and region:
By Product Outlook
- Tissue Patch/Matrix
- Biological Mesh
- Synthetic Mesh
- Tissue Fixation Devices
- Suture Anchors
- Sutures
- Interference Screws
- Others
By Application Outlook
- Tissue Patch/Matrix
- Biological Mesh
- Synthetic Mesh
- Tissue Fixation Devices
- Suture Anchors
- Sutures
- Interference Screws
- Others
By Region Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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