According to our latest research study on “Soft Tissue Repair Market Forecast to 2028 – COVID-19 Impact and Global Analysis – Product and Application,” the market is projected to reach US$ 13,646.70 million by 2028 from US$ 9,033.85 million in 2021; it is estimated to grow at a CAGR of 6.1% from 2021 to 2028. The report highlights trends prevailing in the market and the factors governing the market growth. Factors such as the rising prevalence of sport injuries, increasing number of orthopedic procedures, and surge in geriatric population are fueling the soft tissue repair market growth. However, the availability of alternatives for soft tissue repair and lack of awareness about soft tissue injuries hamper the growth of the market.
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Market leaders operating in the market have undertaken various organic and inorganic growth strategies. The soft tissue repair market majorly consists of players as below-
- Smith & Nephew
- DePuy Synthes
- Arthrex, Inc.
- Integra Lifesciences Corporation
- Stryker Corporation
- Organogenesis Inc.
- Allergan Plc.
- L. Gore and Associates, Inc.
There has been an increase in the number of soft tissue injuries among children, adults, and geriatric population. The high prevalence of diabetes mellitus makes the healing of soft tissue injuries problematic among geriatric population. These injuries are also common among the sportsmen, and they may require immediate treatment. Suture, suture anchor, and interference screw are among the devices used for soft tissue fixation. Synthetic mesh, allograft, and xenograft are also used to replace the lost soft tissue in various parts of the body.
Based on application, the soft tissue repair market is segmented into orthopedic repair, hernia repair, breast reconstruction, pelvic and vaginal prolapse repair, skin repair, dental repair, dural repair, and others. The orthopedic repair segment would hold the largest market share in 2021. However, the breast reconstruction segment is expected to register the highest CAGR during the forecast period.
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Worldwide Soft Tissue Repair Market Segments Analysis-
The soft tissue repair market is segmented on the basis of product and application. Based on product, the market is further segmented into fixed instruments and tissue mesh/patch. Based on application, the market is subsegmented into orthopedic repair, hernia repair, breast reconstruction, pelvic and vaginal prolapse repair, skin repair, dental repair, dural repair, and others.
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