The global orthopedic soft tissue repair market was valued at US$ 5,910.7 Mn in 2016, and is expected to reach US$ 9,736.0 Mn by 2025, expanding at a CAGR of 5.6% from 2017 to 2025.
The growth of orthopedic soft tissue repair market is mainly attributed to increase in the cases of sports-associated injuries across prime age-groups. Additionally, growing incidence of musculoskeletal conditions such as arthritis in geriatric population and increasing obese population also contribute to the growth of this market. Easy and prompt availability of innovative surgical products will also lead to high demand for orthopedic soft tissue repair procedures in the global market.
Procedures rotator cuff repair are expected to gain significant traction during the forecast period. On the other hand, high cost of such procedures, limited reimbursements, and availability of non-surgical alternatives may restrain the growth of global orthopedic soft tissue repair market.
One of the prime trends witnessed in the global orthopedic soft tissue repair market is rapid commercialization of innovative surgical solutions followed by strategic partnerships among market players. This market is characterized by presence of several market players, both general and niche leading to stern competition.
This has led to growth in partnership events by market players among each other and research institutes to ensure their foothold in the market. A significant failure in clinical trials and high cost of procedures, however, will hold back the market growth.
Key Topics Covered:
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Orthopedic Soft Tissue Repair: Market Dynamics and Outlook
Chapter 4. Global Orthopedic Soft Tissue Repair Market, by Procedure, 2015 - 2025 (US$ Mn)
Chapter 5. Global Orthopedic Soft Tissue Repair Market, by Therapeutic Site, 2015 - 2025 (US$ Mn)
Chapter 6. Global Orthopedic Soft Tissue Repair Market, by Geography, 2015 - 2025 (US$ Mn)