Soft Tissue Repair Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global soft tissue repair market size reached US$ 13.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2022-2028.
Soft tissues comprise muscles, tendons, fascia, nerves, fat, ligaments, blood vessels, and synovial membranes that connect, surround, and support other structures and organs of the body. Many physical activities can lead to their damage, which further results in pain, sprains, strains, swelling, bursitis, tendinitis, and contusions. As a result, various remedial interventions are utilized for restoring, repairing, and regenerating soft tissues. For instance, scaffolds made using natural polymers like chitosan, gelatin, and alginate are used as biomaterials for their repair. Besides this, the use of allografts and xenografts is also gaining traction for repairing severe damages around the world.
Soft Tissue Repair Market Trends:
The growing participation of individuals, especially children, in professional sports increases the risk of developing an injury in soft tissues. This, in confluence with the increasing concerns among parents about the physical health of their child, represents one of the primary factors influencing the market growth positively. Its repair helps in faster recovery and improving athletic performance. Apart from this, the growing aging population is catalyzing the demand for biomaterials that have high efficiency and can effectively repair damaged soft tissues in a short time. These biomaterials are also used in a variety of soft tissue procedures, including dural tears, chest wall reconstruction, cardiac and cardiovascular surgery, abdominal wall repair, and pelvic organ prolapse treatment. Furthermore, rising incidences of musculoskeletal disorders is promoting the need for biomedical implants to reorganize the bone and its associated soft tissues. Other factors, such as favorable reimbursement policies, the increasing popularity of medical tourism, and rising investments in research and development (R&D) activities, are anticipated to strengthen the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global soft tissue repair market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, application and end use.
Breakup by Product:
Fixation Products
Suture
Suture Anchors
Tissue Patch/Match
Biological
Synthetic
Breakup by Application:
Orthopedic Surgery
Breast Reconstruction
Hernia Repair
Skin Repair
Vaginal Sling Repair
Cardiovascular Surgery
Others
Breakup by End Use:
Hospitals and Clinics
Research and Academic Institutes
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AbbVie Inc., Arthrex Inc., Becton Dickinson and Company, Baxter International Inc., Cryolife Inc., Integra LifeSciences Corporation, Johnson & Johnson, Medtronic Plc, Organogenesis Inc., Smith & Nephew plc, Stryker Corporation and Terumo Corporation.
Key Questions Answered in This Report
1. How big is the global soft tissue repair market?
2. What is the expected growth rate of the global soft tissue repair market during 2023-2028?
3. What are the key factors driving the global soft tissue repair market?
4. What has been the impact of COVID-19 on the global soft tissue repair market?
5. What is the breakup of the global soft tissue repair market based on the product?
6. What is the breakup of the global soft tissue repair market based on the application?
7. What is the breakup of the global soft tissue repair market based on the end use?
8. What are the key regions in the global soft tissue repair market?
9. Who are the key players/companies in the global soft tissue repair market?