According to a new
market report published by Transparency Market Research “U.S.,
Europe and Japan Orthopedic Soft Tissue Surgical Procedures Market -
Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 -
2020” the U.S., Europe and Japan orthopedic soft tissue surgical
procedures market was valued at USD 7.3 billion in 2013 and is
estimated to reach a market worth of USD 10.2 billion in 2020 growing
at a CAGR of 4.9% from 2014 to 2020.
Browse the full
U.S., Europe and Japan Orthopedic Soft Tissue Surgical Procedures
Market report at
http://www.transparencymarketresearch.com/soft-tissue-repair-sports-medicine.html
The report on U.S.,
Europe and Japan orthopedic soft tissue surgical procedures market
studies market size of rotator cuff repair, vaginal prolapse, lateral
epicondylitis, achilles tendinosis repair, gluteal tendon repair and
anterior cruciate ligament reconstruction (ACL). Rising number of
sport related injuries coupled with growth of active aging population
in the developed regions would boost the demand of orthopedic soft
tissue surgeries. According to the American Academy of Orthopaedic
Surgeons (AAOS) and the American Orthopaedic Society for Sports
Medicine, over 150,000 anterior cruciate ligament (ACL) injuries
occur each year in the U.S. alone. Additionally, introduction of high
cost and innovative surgical repair products and increasing incidence
of obesity have raised the demand of orthopedic surgeries thereby
propelling market growth. For example, Biomet, Inc. launched
JuggerKnotless Soft Anchor device in July 2014 which featured
company’s all-suture anchor technology. This device enables the
repair of rotator cuff damage with better restoration and high
efficacy. Growing acceptance of minimally invasive soft tissue
surgical techniques (arthroscopy procedures) has enabled the
completion of soft tissue surgeries in shorter time with lesser
complication rates. This factor is also increasing the uptake of soft
tissue surgeries. However, asymptomatic nature of soft tissue
surgeries and high threat from conservative therapy are anticipated
to restrain the market growth.
In terms of various
surgical procedures ACL reconstruction accounted for the largest
share of the market in 2013. ACL reconstruction is also likely to
retain its dominant position in the future as it is the most common
knee injury that requires surgical intervention. Rising participation
in sports such as football, basketball and others along with
increasing number of patients opting for reconstructive surgeries due
to introduction of minimally invasive surgeries would fuel the growth
of this segment. Similarly, launch of bio-absorbable which nullifies
the risk related to implant removal would also aid in increasing the
market size for ACL reconstruction. The market of gluteal tendon
repair accounted for the smallest share in 2013 owing to large pool
of patients being treated by non-operative methods such as pain
killers and steroid injection for this condition.
Browse the full
Press Release Report:
soft-tissue-repair-sports-medicine-market
Geographically, the
U.S. orthopedic soft tissue surgical procedures market captured major
market revenue in 2013 and is expected to dominate the market during
the forecast period from 2014 to 2020. Rising population base,
increasing urge to stay healthy among geriatric population and
improving healthcare coverage would contribute towards the growth of
orthopedic soft tissue surgical procedures in this region. The
orthopedic soft tissue surgical procedures market in Europe is
anticipated to grow at a CAGR of 4.7% due to increasing number of
sports related injuries. According to “Injuries in the European
Union” published by EuroSafe, sports related injuries accounted for
around 14% of the total injuries in the European Union. Similarly, a
survey conducted by the professionals in Europe in 2010 concluded
that the annual prevalence of people consulting for shoulder pain was
2.4% in the U.K.; most of these were attributed to rotator cuff
injuries. Thus, increasing incidences of soft tissue injuries would
propel the market growth in this region.
The orthopedic soft
tissue surgical procedures market is fragmented in nature and is
dominated by players, namely Arthrex, Inc., Smith & Nephew, plc.,
DePuy Synthes, Inc., Stryker Corporation., CONMED Corporation, and
ArthroCare Corporation. Of all these, Arthrex was identified as the
largest player in this market in 2013 followed by Smith & Nephew
and Depuy Synthes, Inc.
The U.S., Europe and
Japan orthopedic soft tissue surgical procedures market is segmented
as follows:
U.S. Orthopedic Soft
Tissue Surgical Procedures Market, by Indications
Rotator Cuff Repair
Vaginal Prolapse
Lateral
Epicondylitis
Achilles Tendinosis
Repair
Gluteal Tendon
Repair
Anterior Cruciate
Ligament (ACL) Reconstruction
Europe Orthopedic
Soft Tissue Surgical Procedures Market, by Indications
Rotator Cuff Repair
Vaginal Prolapse
Lateral
Epicondylitis
Achilles Tendinosis
Repair
Gluteal Tendon
Repair
Anterior Cruciate
Ligament (ACL) Reconstruction
Japan Orthopedic
Soft Tissue Surgical Procedures Market, by Indications
Rotator Cuff Repair
Vaginal Prolapse
Lateral
Epicondylitis
Achilles Tendinosis
Repair
Gluteal Tendon
Repair
Anterior Cruciate
Ligament (ACL) Reconstruction
Request a Brochure
of this Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=1768
About Us
Transparency Market
Research is a global market intelligence company, providing global
business information reports and services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking
insight for thousands of decision makers. Our experienced team of
Analysts, Researchers, and Consultants, use proprietary data sources
and various tools and techniques to gather, and analyze information.
Our data repository
is continuously updated and revised by a team of research experts, so
that it always reflects the latest trends and information. With a
broad research and analysis capability, Transparency Market Research
employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business
reports.
No comments:
Post a Comment