According to Inkwood Research, the Global Soft Tissue Repair Market is evaluated to record a CAGR of 6.13% in terms of revenue during the forecasting years of 2019-2028.
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Soft tissues are characterized by tissues that surround and
connect other organs and structures of the body. They include fibrous tissues,
ligaments, nerves, tendons, fascia, synovial membranes, and blood vessels. Soft
tissue injuries primarily affect ligaments, tendons, and muscles. For instance,
muscle or tendon damage, caused by overstressing is known as strain. On the
other hand, ligament injury occurs when these fibrous bands are overstretched.
Growing
Sports-Related Injuries Facilitate Market Growth
The flexibility of muscle and joints play an essential role
in events like athletics, sports, and gymnastics, since the individual's
performance is mainly dependent on them. As a result, the majority of
sports-related injuries are observed across these avenues. According to the
estimations issued by the United States Centers for Disease Control (CDC),
participation in organized sports is steadily increasing, with nearly 30
million children and adolescents partaking in youth sports, in the country.
Moreover, high school athletes account for around 2 million injuries, 500,000
doctor visits, and 30,000 hospitalizations, yearly.
Athletes are often vulnerable to soft tissue injuries like
ligaments and tendons, including chronic pain, stress fractures, and stretching
or tearing of internal structures, caused by frequent wear-and-tear of muscles,
and risks of falls and accidents linked with sports activities. Moreover,
sports-related injuries like sprains, torn cartilage and ligaments, and
contusions, in addition to bursitis and tendonitis, can be effectively treated
using soft tissue repair procedures.
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Orthopedic
Repair is the Major Application
Musculoskeletal disorders entail injuries associated with
joints, ligaments, nerves, tendons, muscles, and other structures that support
the limbs and the back. The musculoskeletal application of regenerative
medicine and tissue engineering includes cartilage repair and replacement, bone
tissue replacement, meniscus repair, and replacement, as well as tendon, and
ligament repair and replacement. Among these, the bone and cartilage repair and
replacement are the most prospective and promising areas.
North America
Dominated the Global Market in 2019
North America is a mature market and the largest revenue
contributor for soft tissue repair, over the forecast period. The increased
incidence of hernia disorders, the presence of improved and developed healthcare
facilities, the growing awareness regarding soft tissue repair, and supportive
government initiatives, are attributed to the region's market growth.
The industrial rivalry within the global soft tissue repair
market is anticipated to remain high, across the forecast years. Factors such
as introducing new technologies, products, and competitive pricing, are
expected to influence the competition. Some of the key companies operating in
the market include, Johnson & Johnson, Allergan PLC (Lifecell Corporation),
Medtronic PLC, Baxter International Inc, Becton, Dickinson, and Company (BD),
etc.
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research reports and consulting services. Market intelligence studies with
relevant fact-based research are customized across industry verticals such as
technology, automotive, chemicals, materials, healthcare, and energy, with an
objective comprehension that acknowledges the business environments. Our
geographical analysis comprises of North & South America, CEE, CIS, Middle
East, Europe, Asia, and Africa.
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