Soft Tissue Repair Market is speculated to be worth USD 13,646.7 million by 2028, says The Insight Partners - Digital Journal

2022-08-20 10:56:56 By : Mr. TCN Director

Hi, what are you looking for?

According to The Insight Partners’ research, the global soft tissue repair market was valued at US$ 9,033.85 million in 2021 and is expected to reach US$ 13,646.7 million by 2028 to rise at an annual growth rate of 6.1% from 2021 to 2028. Rising prevalence of sports injuries and increasing geriatric population are the potential factors attributed to the market expansion.

Sports practices are inevitably linked with the occurrence of injuries. In the US alone, 3.5 million players under the age of 15 receive medical care every year for injuries caused during practice. Approximately 23 million adolescents suffer sports injuries in Africa annually. The huge rate of children’s participation in sports activities, coupled with an increase in injuries, demands suitable medicines and treatment. Contact sports such as basketball, football, and rugby involve running, tripping, slipping, and collisions leading to injuries of bones, joints, tendons, and other soft tissues. If the damage is severe, it may require emergency treatment or even surgical procedures.

Get Sample PDF Copy of Soft Tissue Repair Market Size – COVID-19 Impact and Global Analysis with Strategic Developments at: https://www.theinsightpartners.com/sample/TIPHE100000830/

Key players dominating the global soft tissue repair market are Smith & Nephew; DePuy Synthes; Arthrex, Inc; Medtronic; Integra LifeSciences Corporation; Stryker Corporation; BD; Organogenesis Inc; Allergan Plc; W. L. Gore and Associates, Inc.; Cook Medical LLC; B. Braun Melsungen AG; DSM; and Baxter International Inc, among others.

Our regional analysis states that North America captured 42.14% share of the domain in 2021, amassing US$ 3,806.9 million. The regional business is likely to hit US$ 5,846.2 million by 2028, surging at 6.3% CAGR over the forecast period. The market in Asia Pacific was evaluated at US$ 1,397.5 million in 2021 and is forecasted to be worth US$ 2,225.8 million by 2028.

Inquiry for Discount on Soft Tissue Repair Market @ https://www.theinsightpartners.com/discount/TIPHE100000830/

Aging affects the healing process of injuries. Diseases such as diabetes mellitus, vascular disorders, and malignancies impair the tissues. As a result, the demand for tissue repair and surgical meshes is fueling across the world. According to the United Nations (UN), the number of people aged 60 or above is expected to surpass 2 billion by 2050. India, China, and Japan are the major countries in Asia Pacific with substantially increasing geriatric population. With growing age, the problems of nerves and tissues increase, which require suitable treatment, in turn, bolstering the global soft tissue repair market.

On the contrary, a lack of awareness about soft tissue injuries curtails the growth of global soft tissue repair market.

Based on product, the market is segmented into fixation instruments and tissue mesh. The latter led the market in 2021 with 53.92% share of the business. It garnered US$ 4,870.97 million in 2021 and is projected to generate US$ 7,528.97 million by 2028 to grow at 6.4% CAGR during 2021–2028.

According to application, the global soft tissue repair market is fragmented into orthopedic repair, hernia repair, breast reconstruction, pelvic & vaginal prolapse repair, skin repair, dental repair, dural repair, and others. The orthopedic repair segment occupied 27.37% market share in 2021. It accrued US$ 2,472.71 million in 2021 and is slated to amass US$ 3,882.69 million by 2028, expanding at 6.7% CAGR throughout the forecast period.

Directly Purchase Premium Copy of Soft Tissue Repair Market Growth Report at: https://www.theinsightpartners.com/buy/TIPHE100000830/

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

If you have any queries about this report or if you would like further information, please contact us:

All around the world, women in the engineering industry are inspiring more young females.

Stocks swung in Asia on Friday as investors tried to assess the Federal Reserve's plans for lifting interest rates to fight inflation.

A Shanghai court said Friday it has sentenced Chinese-Canadian tycoon Xiao Jianhua to 13 years in prison for financial crimes.

The exhibition is a major event for the Academy, which in recent years has had to navigate accusations of a lack of racial diversity...

COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.