Asia-Pacific Soft Tissue Anchors Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Absorbable and Non-Absorbable), Tying Type (Knotted and Knotless), Material (Metallic Suture Anchor, Bio-Absorbable Suture Anchor, PEEK Suture Anch

Asia-Pacific Soft Tissue Anchors Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Absorbable and Non-Absorbable), Tying Type (Knotted and Knotless), Material (Metallic Suture Anchor, Bio-Absorbable Suture Anchor, PEEK Suture Anchor, Bio-Composite Suture Anchor, and Others), and End User (Hospitals, Clinics, Emergency Medical Services, and Others) 

The APAC soft tissue anchors market is expected to grow from US$119.20 million in 2022 to US$ 165.21 million by 2028; it is estimated to grow at a CAGR of 5.6% from 2022 to 2028.
The soft tissue anchors market is characterized by the presence of many small and big companies. To increase their market share, companies are implementing various strategies, such as new product launches, regional expansion, R&D investments, and technological advancements. With continued innovation, technological advancements, and increasing R&D investments, soft tissue anchors are safe and advanced, resulting in increased acceptance of soft tissue anchors. Leading players are investing in R&D to develop advanced technologies and gain more share.
A few of the recent strategic activities in the soft tissue anchors market are mentioned below:
In May 2022, Paragon 28, Inc. announced the expansion of its soft-tissue portfolio with the Grappler Suture Anchor System launch. The Grappler Suture Anchor System provides surgeons with an alternative fixation option to limit implant migration and tension loss for intraoperative tissue reattachment and fixation in the foot and ankle.
In February 2021, In2Bones APAC Inc. released its Hercules Suture Anchor System and AlloAid Wedges for lower extremity surgeries. It provides an opportunity for sales acceleration with soft tissue fixation for the multi-billion sports medicine market. The system gives surgeons two PEEK-based implant families, Fully Threaded and Knotless.
The active participation of market players in product innovation and development and the rise in product approvals are likely to fuel the growth of the soft tissue anchors market in Asia Pacific in the coming years.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC soft tissue anchors market. The APAC soft tissue anchors market is expected to grow at a good CAGR during the forecast period.
APAC Soft Tissue Anchors Market Revenue and Forecast to 2028 (US$ Million)

APAC Soft Tissue Anchors Market Segmentation

The APAC soft tissue anchors market is segmented on the basis of type, typing type, material, end user and country. Based on type, the market is segmented into absorbable and non-absorbable. The absorbable segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on typing type, the market is bifurcated into knotted & knotless. The knotless segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on material, the market is segmented into metallic suture anchor, bioabsorbable suture anchor, PEEK suture anchor, bio-composite suture anchor, and others. The PEEK suture anchor segment dominated the market in 2022 and bio-composite suture anchor is expected to be fastest growing during forecast period. Based on end user, the market is segmented into hospitals, clinics, emergency medical services, and others. The emergency medical services segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on country, the APAC soft tissue anchors market is segmented into China, Japan, India, South Korea, Australia, and Rest of APAC.
Aju Pharm Co., Ltd.; Arthrex, Inc.; CONMED Corporation; Cook Medical LLC; DJO, LLC (Colfax Corporation); Johnson & Johnson Services, Inc. (DePuy Synthes); Medtronic; Smith & Nephew Plc.; Stryker Corporation; and Zimmer Biomet are among the leading companies in the APAC soft tissue anchors market.

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