Soft Tissue Repair Market Size, Share & Trends Analysis - United States - 2024-2030 - MedSuite - Includes: Breast Reconstruction Market, Hernia Repair Market, and 3 more
In 2023, the U.S. soft tissue repair market was valued at over $3 billion, and it is projected to grow at a CAGR of 7.2% over the forecast period, reaching approximately $5 billion. This comprehensive report on the U.S. soft tissue repair market covers breast reconstruction, hernia repair, dural repair, nerve repair, and cardiovascular patch repair.MARKET REPORT
COVERAGE:Unit Sales, Average Selling Prices, Market Value & Growth Trends
Procedure Volumes
10-Year Scope (2020-2030)
Key Market Drivers & Limiters by Segment
Competitive Landscape and Market Shares by Segment
Recent Mergers & Acquisitions
Disease Overviews and Demographic Insights
Company Profiles, Product Offerings, and SWOT Analyses for Major Players
U.S. SOFT TISSUE REPAIR MARKET TRENDS:Shifting U.S. demographics are positively influencing the soft tissue repair market. Aging and increasing obesity rates raise the prevalence of conditions like hernias and nerve damage. The number of individuals with diabetes is expected to surge by 64% between 2010 and 2025. Additionally, the percentage of Americans aged 65 and over will rise from 15.2% in 2016 to 23.4% by 2034, bringing the elderly population to nearly 80 million.U.S.
SOFT TISSUE REPAIR MARKET COMPETITION:There are three key players in the U.S. soft tissue repair market: Becton Dickinson (BD), AbbVie, and Integra LifeSciences.Becton Dickinson (BD) dominates with its expansive hernia repair portfolio, particularly the Phasix® resorbable synthetic product line.
AbbVie holds a strong second position, excelling in breast reconstruction and hernia repair, with AlloDerm® as a top choice among surgeons.
Integra LifeSciences stands out in nerve and dural repair, where it led the market in 2023.
MARKET SEGMENTATION OVERVIEW:Breast Reconstruction Market – Comprising allografts, xenografts, and synthetic materials.
Hernia Repair Market – Encompassing allograft, xenograft, and synthetic devices used for inguinal, ventral, and hiatal hernia repairs.
Dural Repair Market – Divided into allograft, xenograft, and synthetic material categories.
Nerve Repair Market – Includes wraps, tubes, grafts, and cap products for nerve repair.
Cardiovascular Repair Market – Consists of both cardiac and vascular patches.
RESEARCH SCOPE SUMMARY:Geographic Focus: United States
Base Year: 2023
Forecast Period: 2024-2030
Historical Data: 2020-2022
Quantitative Data: Market Size, Shares, Forecasts, Growth Rates, Units Sold, and Average Selling Prices
Qualitative Data: Market Trends, Limiters, Competitive Analysis, SWOT, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews
Data Sources: Primary industry interviews, physician and regulatory data, hospital and import/export data