Orthopedic Repair Segment to Grow at Faster CAGR During 2019–2025
According to our new research study on “Soft Tissue Repair Market Forecast To 2025 - Global Analysis by Product and Application,” the soft tissue repair market size is expected to reach US$ 6677.0 million by 2025 from US$ 4,076.2 million in 2019; it is estimated to grow at a CAGR of 8.3% from 2020 to 2025. The report highlights trends prevailing in the market, and the factors driving and hindering the soft tissue repair market growth. The growth of the global soft tissue repair market is attributed to the rising prevalence of sport injuries and increasing number of orthopedic procedures. However, lack of awareness about soft tissue injuries is the major factor hindering the soft tissue repair market growth.
Based on application, the global soft tissue repair market is segmented into orthopedic repair, hernia repair, breast reconstruction, pelvic and vaginal prolapse repair, skin repair, dental and dural repair, and others. The orthopedic repair segment held the largest market share in 2019, and the same segment is estimated to register the highest CAGR during the forecast period. Rising demand of orthopedic soft tissue fixation devices offers lucrative opportunities for the growth of orthopedic repair segment. Various fixation devices, such as Anterior Cruciate Ligament (ACL) reconstruction are used during soft tissue repair procedures. ACL tear is one of the common sports injuries that are treated through surgical procedures. Various factors affect the surgery's success rate, such as choice of surgical technique, patient selection, graft selection and fixation method.
Global Soft Tissue Repair Market, by Region, 2019 (%)
Soft Tissue Repair Market Forecast to 2025 - Global Analysis by Product (Fixation Instruments and Tissue Mesh) and Application (Orthopedic Repair, Hernia Repair, Breast Reconstruction, Skin Repair, Pelvic and Vaginal Prolapse Repair, Dental and Dural Repair, and Others)
Soft Tissue Repair Market Share Report - Trends & Forecast 2025
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Soft tissue grafts and fixation devices are used during knee repair or construction. The fixation devices help in retaining the soft tissue in the bone. In orthopedics, fixations devices are most widely used for various advantages such as quick graft loading, controlled passage of graft, and graft protection in knee repair.
The COVID-19 crisis has overburdened public health systems in many countries, due to which the healthcare industry witnessed a drop in growth and highlighted the strong need for sustainable investment in health systems. The medical technologies and imaging segment witnessed a drop in sales due to fewer surgeries as the sports injury’s treatment was delayed and prolonged equipment procurement, which impacted the growth of the soft tissue repair market. Nonetheless, as the pandemic is getting normal, soft tissue repair procedures are also resumed, which will significantly increase the soft tissue repair market growth. For instance, according to an article published by PubMed Central in November 2022, changes implemented during the pandemic regarding orthopedic surgeries proved beneficial after the pandemic subsided and could be potential long-term solutions for optimizing medical orthopedic management. Thus, the pandemic initially had a negative impact on the market, but slowly and steadily, the soft tissue repair market is expected to grow during the forecast period.
Smith & Nephew; Depuy Synthes; Covidien (Medtronic); Wright Medical Group, Inc.; C.R Bard, Inc.; Arthrex, Inc.; Integra Lifesciences Corporation; Organogenesis; Stryker; and ConMed are among the leading companies operating in the global soft tissue repair market.
The report segments the soft tissue repair market as follows:
Based on the product, the soft tissue repair market is segmented into fixation instruments and tissue mesh/patch. Based on application, the soft tissue repair market is segmented into orthopedic repair, hernia repair, breast reconstruction, pelvic and vaginal prolapse repair, skin repair, dental and dural repair, and others. Based on geography, the soft tissue repair market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, the UK, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).
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