Uploaded on Jul 28, 2021
According to our new research study on “Soft Tissue Repair Market Forecast To 2025 - Global Analysis by Product, and Application,” the market is expected to reach US$ 6677.0 million in 2025 from US$ 3590.5 million in 2017; it is estimated to grow at a CAGR of 8.3% from 2016 to 2025. The report highlights trends prevailing in the market, and the factors driving and hindering the market growth. The growth of the global soft tissue repair market is attributed to the rising prevalence of sport injuries, and increasing number of orthopedic procedures. However, lack of awareness about soft tissue injuries is the major factor hindering the market growth. Download Sample Copy @ https://www.theinsightpartners.com/sample/TIPHE100000830/?source=ppt-10379
Soft Tissue Repair Market Forecast to 2025
Soft Tissue Repair Market Forecast to 2025 According to our new research study on “Soft Tissue Repair Market Forecast To 2025 - Global Analysis by Product, and Application,” the market is expected to reach US$ 6677.0 million in 2025 from US$ 3590.5 million in 2017; it is estimated to grow at a CAGR of 8.3% from 2016 to 2025. The report highlights trends prevailing in the market, and the factors driving and hindering the market growth. The growth of the global soft tissue repair market is attributed to the rising prevalence of sport injuries, and increasing number of orthopedic procedures. However, lack of awareness about soft tissue injuries is the major factor hindering the market growth. Based on application, the global soft tissue repair market is segmented into orthopedic repair, hernia repair, breast reconstruction, pelvic and vaginal prolapse repair, skin repair, dental and dural repair, and others. The orthopedic repair segment held the largest market share in 2017, and the same segment is estimated to register the highest CAGR during the forecast period. Rising demand of orthopedic soft tissue fixation devices offer lucrative opportunities for the growth of orthopedic repair segment. Download Sample Copy @ https://www.theinsightpartners.com/sample/TIPHE100000830/?source=ppt-10379 The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The life sciences segment thrives due to increased demand for invitro diagnostic products and rising research and development activities worldwide. However, the medical technologies and imaging segment is witnessing drop in sales due to a smaller number of surgeries being carried out and delayed or prolonged equipment procurement. Additionally, virtual consultations by healthcare professionals are expected to become the mainstream care delivery model post-pandemic. With telehealth transforming care delivery, digital health will continue to thrive in coming years. In addition, disrupted clinical trials and the subsequent delay in drug launches is also expected to pave the way for entirely virtual trials in the future. New technologies such as mRNA is expected to emerge and shift the pharmaceutical industry and market is also expected to witness more vertical integration and joint ventures in coming years. Global Soft Tissue Repair Market, by Region, 2017 (%) The rising diabetes cases, increasing incidence of skin injuries due to burns and ulcers wounds, and growing number of surgical procedures across the world fuel the Soft Tissue Repair market growth. Moreover, the rising number of innovations in wound care products is expected to drive market growth during the forecast period. However, the high cost associated with wound care management hinders the growth of the Soft Tissue Repair market. Market Insights The Center of Disease Control and Prevention (CDC) stated that there is a rise in the number of adults and teenagers participating in sports. As per The Johns Hopkins University, sport injuries are common among adults and children engaged in various sport activities such as football, basket, soccer, ice hockey and other games and athletics. Sprains and strains, knee injuries, achilles tendon injuries, fractures, dislocations, rotator cuff injuries are some of the common sport injuries. The prevalence of sports injuries is on rise due to increasing number of adults participating in sports. Number of government organizations carry out surveys to determine the total number of sport injuries that are common in a particular areas and are needed to be addressed. As per the data by The National Safety Council, in 2015, in the US, population in the age group from 5 to 14 accounted to 51% of total football injuries treated in emergency rooms. Also, the total number of people injured during winter sports such as snowmobiling, snowboarding and ice skating was 56,714. The FIFA stated that the knee, ankle, and hamstring incur the most orthopedic injuries. The total of football injuries treated at the U.S. hospital emergency rooms were 239,943. Out of these injuries 79,384 were strains and sprains, 48,806 were fractures, and 5,401were dislocations. Product-Based Insights In terms of product, the global soft tissue repair market is segmented into fixation instruments and tissue mesh/patch. In 2017, the fixation instruments segment held larger share of the market. Also, the same segment is estimated to to retain its dominance during the forecast period. Application-Based Insights Based on application, the global soft tissue repair market is segmented into orthopedic repair, hernia repair, breast reconstruction, pelvic and vaginal prolapse repair, skin repair, dental and dural repair, and others. The orthopedic repair segment held the largest market share in 2017, and the same segment is estimated to register the highest CAGR during the forecast period. Strategic Insights The global soft tissue repair market players are adopting the product launch and expansion strategies to cater to changing customer demands worldwide, which also allows them to maintain their brand name globally. Company Profiles • Smith & Nephew • Depuy Synthes, • Covidien (Medtronic) • Wright Medical Group, Inc. • C.R Bard, Inc. • Arthrex, Inc. • Integra Lifesciences Corporation • Organogenesis • Stryker • ConMed Dominating Segments Global Soft Tissue Repair Market – by Product Fixation Instruments Suture Anchors Interference Screw Sutures Others Global Soft Tissue Repair Market – by Application Orthopedic Repair Hernia Repair Breast Reconstruction Pelvic and Vaginal Prolapse Repair Skin Repair Dental and Dural Repair Others Soft Tissue Repair Market Access Full Research Report at: https://www.theinsightpartners.com/reports/soft-tissue-repair-market/ Thank You! Thank You!
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