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Surging Sports-Related Injuries to Provide Global Soft Tissue Repair Market with Lucrative Growth Prospects

Inkwood Research anticipates that the Global Soft Tissue Repair Market is evaluated to project a CAGR of 6.04% in terms of revenue during the forecasting years of 2021-2028.

“Browse 54 Market Data Tables and 49 Figures spread over 223 Pages, along with an in-depth TOC on the Global Soft Tissue Repair Market Forecast 2021-2028.”

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Soft tissues refer to tissues that connect, support, as well as surround organs, structures, and other parts of the body. These include tendons, fascia, fibrous tissues, ligaments, blood vessels, fat, nerves, and synovial membranes.

Rising Sports-Related Injuries to Propel Market Growth

Sports, gymnastics, and athletics are the main areas wherein the majority of sports-related injuries occur since the performance in these events is predominantly dependent upon the flexibility of muscles and joints. In addition, estimates from the United States Centers for Disease Control (CDC) 2017 assert that participation in organized sports is continually rising, with approximately 30 million children as well as adolescents participating in youth sports across the country.

Sports injuries like torn ligaments and cartilage, strains, sprains, and contusions, as well as bursitis and tendonitis, can be effectively treated through soft tissue repair procedures. As a result, the increase in sports-related injuries is projected to augment the market growth during the forecast years.



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Orthopedic Repair was the Dominating Application in 2020

Musculoskeletal disorders entail injuries caused to ligaments, muscles, joints, nerves, tendons, and other structures supporting the limbs as well as the back of the body. The musculoskeletal application of regenerative medicine and tissue engineering encompasses bone tissue replacement, tendon and ligament repair, and replacement cartilage repair and replacement, in addition to meniscus repair and replacement. Bone and cartilage repair and replacement are the most prospective avenues of regenerative medicine for musculoskeletal applications. In this regard, microfracture is a treatment utilized to stimulate the development of cartilage in the injured area. This treatment is effective, particularly for small, articular cartilage defects, and is appealing owing to its fairly minimal invasive nature, short recovery time and surgery, and low morbidity rates.

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Asia-Pacific to Lead and Dominate the Global Market by 2028

The Asia-Pacific is set to grow with the highest CAGR and harbor the largest revenue share during the forecasting period. The region’s market growth is primarily attributable to the improvements in healthcare infrastructure and the surging prevalence of unintentional trauma injuries. However, the market growth in the Asia-Pacific may be impacted due to the lack of awareness about soft tissue injuries and strict growth regulations.

The industrial rivalry among participants operating within the global soft tissue repair market is projected to remain intense over the forecasting period owing to the introduction of novel technological products as well as the highly competitive pricing.

Some of the top firms operating in the market are Johnson & Johnson, Wright Medical Technology, Boston Scientific, Smith and Nephew PLC, etc.

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About Inkwood Research

Inkwood Research specializes in syndicated & customized 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 North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.

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GLOBAL HERNIA REPAIR DEVICES AND CONSUMABLES MARKET

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GLOBAL CARTILAGE DEGENERATION MARKET

GLOBAL CARTILAGE REPAIR MARKET

 

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