Artificial Tendons and Ligaments Market
The latest market report published by Credence Research, Inc. “Artificial Tendons and Ligaments Market – Growth, Future Prospects, Competitive Analysis, 2018 – 2026,” the global artificial tendons and ligaments market was valued at US$ 17.3 Mn in 2017 and expected to reach US$ 46.4 Mn by 2026, expanding at a CAGR of 11.5% from 2018 to 2026.
Despite their introduction several years ago, the use of artificial tendons and ligaments have only recently received prominent attention and has opened new treatment options for patients seeking rapid recovery and restoration of normal movements. Artificial ligaments are commonly used in knee, ankle and shoulder treatments where tissue rupture is often observed. These are in high demand in procedure for patellar ligament reconstruction and of anterior cruciate ligament. Artificial ligaments and tendons are being increasingly preferred over allografts and autografts due to their prominent advantages such as rapid recovery, less requirement of repeat procedures, and the obvious better availability in the market. Over the years a large amount of clinical evidence has been established recording the efficacy and safety of artificial ligaments and tendons, which too is augmenting the market growth and gathered interest of both new manufacturers and surgeons alike.
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Growing incidence of sports and athletic activities and the resultant high incidence of associated injuries us a key factor driving the market for artificial tendons and ligaments. Such injuries also result from leisure activities, use of improper equipment, accidents and substandard training. ACL tear and ankle sprain are some of the most common results among sportspersons and athletes. Additionally, growing preference for minimally invasive surgical procedures is yet another driver of the global artificial tendons and ligaments market. Technological and procedural advancements in minimally invasive surgeries have led to improved treatment outcomes, lesser recovery time, and ultimately greater cost savings both to the hospitals and patients. This has led to rise in adoption of minimally invasive surgeries for joint surgeries, tendon reinforcement and implantation of artificial ligaments. Another key factor supporting the market growth is the disadvantages associated with allografts and autografts. Such implantation often result in complications such as tendon rupture, joint and muscle weakness, pain and loss of normal movement. Such risks have resulted in doctors losing trust in these procedures and the emergence of synthetic material implants for ligament and tendon reconstruction. Manufacturers of such solutions are increasing their R&D efforts to come up with more advanced implants with better bioavailability, abrasion resistance and strength. Growing geriatric population has led to increased prevalence of musculoskeletal conditions such as weakness of bone and connective tissue.
Table Of Content(TOC):
Chapter 1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Approach Adopted
1.3.4. Top Down Approach
1.3.5. Bottom Up Approach
1.3.6. Phase III – Expert Panel Review
1.4. Market Segmentation
Chapter 2. Executive Summary
2.1. Global Artificial Tendons and Ligaments Market Portraiture
2.2. Global Artificial Tendons and Ligaments Market, by Application, 2017 (US$ Mn)
2.3. Global Artificial Tendons and Ligaments Market, by Usage Area, 2017 (US$ Mn)
2.4. Global Artificial Tendons and Ligaments Market, by Geography, 2017 (US$ Mn)
Chapter 3. Global Artificial Tendons and Ligaments Market: Dynamics and Future Outlook
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global Artificial Tendons and Ligaments Market, by Key Players, 2017 …
Chapter 7. Company Profiles
7.1.1. Company Overview
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. FX Solutions S.A.S.
7.3. Corin Group
7.4. Xiros Ltd.
7.5. GROUP FH ORTHO
7.6. Shanghai Pine & Power Biotech Co., Ltd.
7.7. Cousin Biotech
7.8. Orteq Sports Medicine …
Key questions answered in this report
- How is the growth projection of the global artificial tendons and ligaments market for the period 2018 to 2026?
- Which usage area finds the largest procedure rate with artificial ligaments and tendons?
- What is the impact of minimally invasive surgeries on the market growth?
- What are the key factors supporting the dominance of knee injuries segment?
- What are the key strategies observed by the top players for augmenting their stronghold on the industry?
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