Global Artificial Tendons and Ligaments Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027
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7993
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May 2023
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166
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This report was compiled by Correspondence Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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“Global Artificial Tendons and Ligaments Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global artificial tendons and ligaments market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global artificial tendons and ligaments market report has been segmented on the basis of application and region.
Introduction:
Synthetic tendons have been used in ACHILLES tendon repair. Synthetic textile implants do not require donor harvesting shortening surgical procedural time and allows retention of initial strength at the same time as auto grafts undergo a necrotic stage before eventually recovering over a long period of time. Textile implants has been utilized in ACL reconstruction and patellar ligament reconstruction.
Dynamics:
Rising number of accident cases across the globe and increasing incidence of sports injuries resulting in permanent damage of tendons and ligaments this is a major factor expected to drive growth of the global artificial tendons and ligaments market. In addition, increasing initiatives from government of developed and developing countries in order to increase awareness about artificial tendons and ligaments, coupled with increasing number of research activities on artificial tendons and ligaments are other major factors expected to support growth of the market over the forecast period.
Moreover, rising geriatric population and increasing demand for minimal invasive surgical procedures are some other factors expected to support growth of the target market in some countries to certain extent. In addition, various benefits offered by artificial tendons and ligaments is increasing its preference among patients undergoing critical knee or other injures surgeries is another factor expected to support growth of the target market to certain extent.
However, high procedure costs and unfavorable reimbursement scenario are major factors expected to hamper growth of the global market to certain extent. In addition, increasing hesitation for use of artificial tendons and ligaments is another factor expected to limit growth of the global market.
Technological advancements and increasing R&D activities by major players is expected to create new opportunities in terms of revenue for players operating in the target market over the forecast period. In addition, growing number of merger & acquisition activities among regional and international players is expected to further support growth of the market to certain extent.
Region Analysis:
The market in North America is expected to dominate the global market in terms of revenue and is expected to continue its dominance over the forecast period. This can be attributed to well-developed healthcare sector, increasing number of patient undergoing surgeries related to tendons and ligaments, and presence of major players operating in the countries in this region. The market in Asia Pacific is expected to witness faster growth, owing rising number of accidents and increasing number of patient pool suffering from ligament injuries. In addition, increasing government expenditure on healthcare sector and initiatives for awareness related to artificial tendons and ligaments are expected to further support growth of the market to certain extent in this region. Europe is expected to contribute significant revenue share in the global market.
Global Artificial Tendons and Ligaments Market Segmentation:
By Application:
- Knee Injuries
- Shoulder Injuries
- Foot and Ankle Injuries
- Other Injuries (Spine and Hip Injuries)
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- LARS
- Xiros Ltd.
- Orthomed S.A.S.
- Cousin Biotech SAS
- Fx Solutions S.A.S.
- Arthrex, Inc.
- Shanghai PINE&POWER Biotech
- Mathys AG Bettlach
- ArthroCare Corporation
- FH ORTHOPEDICS S.A.S.
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