Soft Tissue Repair Marketis valued at USD 10.79 Billion in 2021 and expected to reach USD 17.68 Billion by 2028 with aCAGR of 7.3% over the forecast period.
Global Soft Tissue Repair Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing number of patients suffering from sports related injuries, rising prevalence of obese population, and growing geriatric population are some of the major factors driving the growth of the Global Soft Tissue Repair Market.
Soft tissue repair products can be defined as the use of any material used for the repair of muscle, fibrous tissue or fascia, blood vessels, and/or other supporting connective tissue. The soft tissues of the human body include tendons, muscles, ligaments, skin, nerve tissue, cartilage, and synovial membranes. Tissue damage causes changes in structure and biochemical composition. Soft tissue repair is the replacement of damaged body tissue with living tissue and is divided into two categories: repair and regeneration.
The Covid-19 pandemic has shown a negative impact on the growth of the global soft tissue repair market. The increased demand for Covid-19 treatments has significantly impacted other disease treatments, including soft tissue repair procedures. In 2020, the incidence, as well as the death rate due to the coronavirus was the highest, and people preferred to avoid any other treatment procedures in health facilities.
The global soft tissue repair market is segmented on the product, application, and region & country level. Based on product, the global soft tissue repair market is segmented into laparoscopic instruments, tissue patch/mesh, and fixation products. By application, the global soft tissue repair market is segmented into skin repair, hernia repair, orthopedic, dural repair, and others.
The regions covered in the global soft tissue repair market report are North America, Europe, Asia-Pacific, Latin America, and the rest of the World. Based on country level, the market of global soft tissue repair is sub divided into U.S., Mexico, Canada, U.K., France, Germany, China, Italy, India, Japan, Southeast Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.
Some major key players for the global soft tissue repair market report cover prominent players like Braun Melsungen AG, Integra LifeSciences Corporation, Baxter, Johnson & Johnson Private Limited, C. R. Bard, Inc., Stryker, Medtronic, Acera Surgical, Inc., Becton, Dickinson and Company, Zimmer Biomet, Tissue Regenix Group Plc, CryoLife, Inc. and others.
|Historical data||2018 - 2021|
|Forecast Period||2022 - 2028|
|Market Size in 2021:||USD 10.79 Billion|
|Base year considered||2021|
|Forecast Period CAGR %:||
|Market Size Expected in 2028:||USD 17.68 Billion|
|Tables, Charts & Figures:||175|
|Soft Tissue Repair Market key Players||Braun Melsungen AG, Integra LifeSciences Corporation, Baxter, Johnson & Johnson Private Limited, C. R. Bard, Inc., Stryker, Medtronic, Acera Surgical, Inc., Becton, Dickinson and Company, Zimmer Biomet, Tissue Regenix Group Plc, CryoLife, Inc. and others.|
|Segments Covered||By Product, By Application|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
Paragon 28 Launched Paratrooper Plantar Plate System for Hammertoe and Soft Tissue Repair
On April 27th, 2022; Paragon 28, Inc. a leading medical device company focused exclusively on the foot and ankle orthopedic market, announced the expansion of its hammertoe and soft-tissue portfolio with the launch of its Paratrooper Plantar Plate Repair System. The low profile, the all-suture implant of the Paratrooper plantar plate system provides surgeons with a new and innovative approach to plantar plate repair and forefoot deformities.
BD Acquired Tepha, Inc., to Drive New Innovations in Soft Tissue Repair and Regeneration
On July 27th, 2021; BD (Becton, Dickinson, and Company), acquired Tepha, Inc., a leading developer, and manufacturer of proprietary resorbable polymer technology. Tepha's proprietary resorbable polymer (Poly 4-hydroxybutyric acid, P4HB) technology platform provides additional innovation capabilities that can accelerate the growth of BD's surgical mesh portfolio and lead the company into potential new areas in soft tissue repair, reconstruction, and regeneration.
Increasing Number of Patients Suffering from Sports Related Injuries, Rising Prevalence of Obese Population, and Growing Geriatric Population are Some of the Major Factors Driving the Market Growth
One of the major factors driving the growth of the soft tissue repair market is the increasing number of patients suffering from sports-related injuries. Awareness regarding the health benefits of sports and physical activity is increasing. This has increased the popularity of the sport among the youth. Therefore, the number of people participating in various sports has also increased significantly in the last few years. For instance; according to Johns Hopkins Medicine, in 2022; more than 3.5 million children age 14 and younger are injured each year while playing sports or participating in recreational activities. Sports and many recreational activities for children can lead to many accidents and soft tissue injuries as well as hard tissue injuries such as fractures. With increasing participation in sports worldwide, the number of sports-related soft tissue injuries is predicted to increase, which will drive the soft tissue repair market.
In addition, the rising prevalence of obese population is also supplementing the growth of the soft tissue repair market. In obese people, the blood supply to adipose tissue is often compromised, depriving it of the oxygen and nutrients needed to prevent breakdown and promote healing. Hence, obesity is a major risk factor contributing to the demand for rapid healing products to treat injuries to muscles, tendons, and ligaments, among others. The growing obese population in such developed nations with the ability to spend more on advanced treatments influences industry statistics. For instance; according to World Health Organization, on June 9th, 2021; an estimated 38.2 million children under the age of 5 were overweight or obese 2019.
Moreover, the growing geriatric population is also augumenting the market growth. Age-related physiological changes and metabolic dysfunctions lead to chronic diseases such as cystic fibrosis, hepatitis, cardiovascular disorders, and cancer. Elderly people are more susceptible to various soft tissue injuries. For instance; according to The United Nation, in 2019, there were 703 million elderly people in the world. The number of geriatric populations is projected to double to 1.5 billion by 2050.
However, issues with reimbursement associated with soft tissue repair may hinder the growth of the global soft tissue repair market. Despite that, the rising use of soft tissue healing solutions may create more opportunities for the further growth of the global soft tissue repair market.
North America is Expected to Capture a Major Share in the Global Soft Tissue Repair Market
Geographically, North America is expected to capture a major share in the global soft tissue repair market within the forecast period due to the increasing demand for soft tissue repair products, rising number of surgical procedures, and higher adoption of advanced products in this region. Increasing demand for soft tissue repair products is driving the growth of the market. For instance; as per the news published, on April 27th, 2022; Paragon 28 launched Paratrooper plantar plate system for hammertoe and soft tissue repair. In addition, the rising number of surgical procedures is also supplementing the market growth in this region. For instance; according to the American Association for the Advancement of Science (AAAS), on March 11th, 2019; more than 17.7 million surgical procedures and minimally-invasive cosmetic procedures were performed in the US in 2018, a number that has steadily increased over the past five years.
The Asia Pacific is the fastest-growing region in the global soft tissue repair market due to the increasing prevalence of hernia, rising growth of healthcare sector, and growing elderly population in this region. For instance; according to wikidoc, on January 29th, 2018; the incidence of inguinal hernia ranges from approximately 110 to 2000 per 100,000 persons in men aged 75 years or older, to 110 to 2000 per 100,000 persons aged 16-24 years.
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