Middle East & Africa 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 MEA soft tissue anchors market is expected to grow from US$41.20 million in 2022 to US$ 51.63 million by 2028; it is estimated to grow at a CAGR of 3.8% from 2022 to 2028.
Soft tissue anchors are widely used implants in orthopedic surgeries to attach soft tissues to bones. Emerging economies have a large patient pool of geriatric and obese populations prone to orthopedic conditions. Additionally, an increase in sports and fitness activities in the region is expected to support the market growth. Moreover, an increase in healthcare expenditure leading to the development of healthcare services and infrastructure and an increase in medical tourism are expected to create significant opportunities for the soft tissue anchors market. In addition, an increase in road accidents and trauma cases in developing economies are likely to create demand for soft tissue anchors and create opportunities for market growth. Thus, above discussed factors are expected to create ample opportunities in 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 MEA soft tissue anchors market. The MEA soft tissue anchors market is expected to grow at a good CAGR during the forecast period.
MEA Soft Tissue Anchors Market Revenue and Forecast to 2028 (US$ Million)
MEA Soft Tissue Anchors Market Segmentation
The MEA 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 MEA soft tissue anchors market is segmented into China, Japan, India, South Korea, Australia, and Rest of MEA.
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 MEA soft tissue anchors market.
Reasons to buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA soft tissue anchors market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the MEA soft tissue anchors market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the soft tissue anchors market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook