Europe 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, Bi

Europe 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 Europe soft tissue anchors market is expected to grow from US$191.65 million in 2022 to US$ 253.98 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2022 to 2028.
Large population is opting for an active lifestyle, which increased physical activities such as gymming and sports. This has led to a surge in the incidence of sports-related injuries such as rotator cuff injuries, ligament tears, and tendon rupture. Rotator cuff conditions develop over the time and are common among athletes and the geriatric population. These injuries can cause trauma. Thus, an increase in interest in sports and physical activities is expected to create demand for soft tissue anchors and contribute to the market growth in the coming years. Further, the increasing geriatric population is highly prone to various orthopedic conditions, such as joint disorders, anterior cruciate ligament (ACL) injuries, joint fusion, and osteoarthritis. As per The Center Orthopedic & Neurosurgical Care & Research, total knee replacement surgeries are projected to grow at a significant rate to reach 3.5 million procedures per year by 2030. Increase in the number of orthopedic surgeries creates the demand for soft tissue anchors. Additionally, the rising demand for minimally invasive procedures has led to an increase in arthroscopic surgeries owing to its various advantages such as faster recovery and short hospital stay. According to Harvard Medical School, knee arthroscopy is one of the most common surgeries performed on a large scale, and every year ~750,000 arthroscopic knee operations are performed in the US with a total cost of US$ 4 billion. Moreover, an increase in road accidents and trauma cases are expected to raise the number of orthopedic surgeries in the coming years. Thus, the high adoption rate of an active lifestyle, increase in sports activities and sports injuries, surge in orthopedic surgeries owing to the large geriatric population, and rise in trauma cases drive the growth of the soft tissue anchors market.
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 Europe soft tissue anchors market. The Europe soft tissue anchors market is expected to grow at a good CAGR during the forecast period.
Europe Soft Tissue Anchors Market Revenue and Forecast to 2028 (US$ Million)

Europe Soft Tissue Anchors Market Segmentation

The Europe 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 Europe soft tissue anchors market is segmented into France, the UK, Germany, Italy, Spain, and the Rest of Europe.
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 Biometare among the leading companies in the Europe soft tissue anchors market.

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