Soft Tissue Repair Market Will Hit at a CAGR of 7.8% by 2024

The “Global Soft Tissue Repair Market” accounted to USD 10.7 billion in 2016 growing at a CAGR of 7.8% during the forecast period of 2017 to 2024.

Global Soft Tissue Repair Market

Global Soft Tissue Repair Market

Global Soft Tissue Repair Market By Product [Tissue Patch/Mesh {Synthetic Mesh, Biological Mesh (Allograft, Xenograft), Fixation Devices (Suture Anchors, Interference Screw, Other Fixation Devices), Laparoscopic Instruments}], Application (Hernia Repair, Skin Repair, Dural Repair,Orthopedic Repair, Vaginal Sling Procedures, Dental Repair, Breast Reconstruction Repair), End Users (Hospitals and clinics, ASCs, Physicians’ offices), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Soft tissues such as skin, ligaments, muscles, tendons and many others, which provides strength, support and is connected  to organs of body, when damaged due to any incident, injury or any gradual overuse, results in  structural, microscopic or biochemical changes. Thus, damaged soft tissues can be restored or repaired through different surgeries method or processes known as alloplasts, allografts, xenografts and synthetic.

Major market drivers and restraints:

  • Growing aging population
  • Increasing rate of soft tissues injuries
  • Rising healthcare expenditure
  • Growing awareness and demand for non-invasive procedure
  • Unfavorable reimbursement scenario
  • Stringent regulatory requirements

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Report Segmentation:

On the basis of product, global soft tissue repair market is segmented into tissue patch/mesh, fixation devices and laparoscopic instruments. Tissue patch/mesh is sub segmented into synthetic mesh and biological mesh whereas, biological mesh is further sub segmented into allograft and xenograft. Fixation device is sub segmented into suture anchors, interference screw and other fixation devices.

Based on applications, global soft tissue repair market is segmented into hernia repair, skin repair, dural repair, orthopedic repair, vaginal sling procedures, dental repair, and breast reconstruction repair.

On the basis of end users, global soft tissue repair market is segmented into hospitals, and clinics, ASCs and physicians’ offices.

Based on geography, global soft tissue repair market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Competitive Analysis:

The global soft tissue repair market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes soft tissue repair market shares for global, Europe, North America, Asia Pacific, and South America.

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Major Market Competitors:

Some of the major players operating in global soft tissue repair market are LifeCell Corporation (a subsidiary of Allergan), C.R. Bard, Inc., Stryker, Arthrex, Inc., Organogenesis, Johnson & Johnson services Inc., Baxter, Integra LifeSciences Corporation, Ethicon LLC., B. Braun Melsungen AG, Wright Medical Group N.V., Covidien plc, Smith & Nephew plc, Medtronic, American Medical Systems Inc., Acera Surgical, Inc., and Acelity L.P. Inc. ( a subsidiary of KCI) among others.

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