Orthopedic soft tissue repair devices market size to grow by USD 5,633.11 million from 2022 to 2027; The rising geriatric population across the globe will drive growth - Technavio

NEW YORK, March 24, 2023 /PRNewswire/ -- Technavio categorizes the global orthopedic soft tissue repair devices market size as estimated to increase by USD 5,633.11 million between 2022 and 2027. The market's growth momentum will be progressing at a CAGR of 11.05% during the forecast period. The growth of the market is driven by the rising geriatric population across the globe. In general, older adults heal more slowly than younger ones. Older people typically have low overall strength, flexibility, and balance compared to younger people. As a result, it is more challenging to make up for injury limitations and to resume daily activities. According to the Population Reference Bureau, by 2060, there will be 95 million Americans who are 65 years or older, up from an estimated 52 million in 2018. It is anticipated that the proportion of people 65 years and older will increase from 16% to 23%. As a result, there is a growing demand for both acute and long-term healthcare services, which is anticipated to drive the growth of the global orthopedic soft tissue repair devices market during the forecast period. Discover some insights on the market size historic period (2017 to 2021) and Forecast period (2023 to 2027) before buying the full report - Request a sample report

Global Orthopedic Soft Tissue Repair Devices Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on product type (fixation devices, tissue scaffold, and cell therapy-based), and end-user (hospitals and clinics, ambulatory surgical centers, and physician's offices). 

• The market growth in the fixation devices segment will be significant during the forecast period. A fixation device is made of artificial material and its purpose is to replace the bone structure. This helps fix and support the bone as it heals from surgery or injury. Immobilization devices can be used for a variety of conditions, including fractures and sports injuries. Musculoskeletal injuries are the primary application for this type of fixation device. Some of the fixation devices are suture anchors and interference screws. Such factors will increase the growth of the segment over the forecast period. 

Geography Overview
By geography, the global orthopedic soft tissue repair devices market is segmented into North America, Europe, Asia, and Rest of World (ROW). The report provides actionable insights and estimates the contribution of all regions to the growth of the global orthopedic soft tissue repair devices market.

• North America is estimated to contribute 45% to the growth of the global market during the forecast period. North America will bring a significant revenue share to the market in 2022. This is due to increased cases of trauma and knee arthroscopies in the region, as well as an increased number of amputations and sports injuries. Rising healthcare spending and investments in the infrastructure of the sector are also contributing significantly to the expansion of the region, as the cost of expensive orthopedic soft tissue repair surgeries can be reduced. Such factors are expected to boost the demand for orthopedic-related treatments, thus propelling the growth of the North American orthopedic soft tissue repair devices market during the forecast period. 

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Global Orthopedic soft tissue repair devices market ? Vendor Analysis
Vendor Landscape - The global orthopedic soft tissue repair devices market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer orthopedic soft tissue repair devices in the market are Arthrex Inc., Becton Dickinson and Co., Boston Scientific Corp., Conmed Corp., Integra Lifesciences Holdings Corp., Johnson and Johnson, JRF Ortho, LifeCell International Pvt. Ltd., LifeNet Health Inc., Medtronic Plc, MTF Biologics, RTI Surgical Inc., Smith and Nephew plc, Stryker Corp., Tissue Regenix Group Plc, Wright Medical Group NV, Zimmer Biomet Holdings Inc., Acera Surgical Inc., AlloSource, and Amplitude Surgical and others.

A few prominent vendors that offer global orthopedic soft tissue repair devices in the market include:

• Boston Scientific Corp.: The company offers orthopedic soft tissue repair devices such as ACLip.
• Conmed Corp.: The company offers orthopedic soft tissue repair devices such as FiberTak button, Knotless FiberTak soft anchor, and Corkscrew suture anchors.
• Integra Lifesciences Holdings Corp.: The company offers orthopedic soft tissue repair devices such as XenMatrix AB Surgical Graft.
• Johnson and Johnson: The company offers orthopedic soft tissue repair devices such as Fixate suturing devices, tissue bands, and Clik anchors.
• For details on the vendor and its offerings ? Request a sample report

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Global Orthopedic Soft Tissue Repair Devices Market ? Market Dynamics

Key Trends - The growing use of orthopedic devices in emerging economies is a significant trend shaping growth. In the next few years, soft tissue repair products will become more widely used in emerging countries of Asia and ROW. Vendors are expected to witness many growth?opportunities in?such countries. This is due to the fact that the markets in these countries are experiencing a significant patent base for targeted indications (cardiovascular, orthopedics, general and gynecological diseases), rising health awareness, increasing healthcare spending,?and?growth in medical tourism. Also, medical procedures in these developing countries are less expensive compared to that in developed nations. Therefore, such factors are expected to drive the growth of the market in emerging economies, over the forecast period. 

Major challenges - The lack of availability of skilled personnel for the use of orthopedic soft tissue repair devices is a major challenge impeding the market growth. One of the major obstacles in the market is the shortage of qualified surgeons in both developed and developing countries. Technological developments in this field are rapidly changing the technology landscape and the areas in which soft tissue repair products are used. This requires physicians and other medical professionals to develop the skills necessary to use soft tissue repair products such as allografts, xenografts, and synthetic meshes. As a result, medical professionals in hospitals and clinics are reluctant to close wounds with cutting-edge surgical products. Therefore, factors like these will pose a major challenge to the growth of the global market during the forecast period. ? 

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report! sample report!

What are the key data covered in this Orthopedic Soft Tissue Repair Devices Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the orthopedic soft tissue repair devices market between 2023 and 2027
• Precise estimation of the orthopedic soft tissue repair devices market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the orthopedic soft tissue repair devices market across North America, Europe, Asia, and Rest of World (ROW)
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of orthopedic soft tissue repair devices market vendors

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Related Reports: 

• The orthopedic device market size is expected to increase by USD 12.11 billion from 2022 to 2027, and the market's growth momentum will accelerate at a CAGR of 3.85%. The market is segmented by application (spine, knee, hip, extremities, and others), product (orthopedic implants and support devices and orthobiologics), and geography (North America, Europe, Asia, and Rest of World (ROW)).
• The orthopedic implants market size is expected to increase by USD 15.45 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.73%. The market is segmented by product (Joint reconstruction implants, Spinal implants, and Craniomaxillofacial implants), and geography (North America, Europe, Asia, and Rest of World (ROW)).

Table of contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary ? Chart on Market Overview
• Exhibit 02: Executive Summary ? Data Table on Market Overview
• Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
• Exhibit 04: Executive Summary ? Chart on Market by Geography
• Exhibit 05: Executive Summary ? Chart on Market Segmentation by Product Type
• Exhibit 06: Executive Summary ? Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary ? Chart on Incremental Growth
• Exhibit 08: Executive Summary ? Data Table on Incremental Growth
• Exhibit 09: Executive Summary ? Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global orthopedic soft tissue repair devices market 2017 - 2021 
• Exhibit 18: Historic market size ? Data table on global orthopedic soft tissue repair devices market 2017 - 2021 ($ million)

• 4.2 Product type segment analysis 2017 - 2021 
• Exhibit 19: Historic market size ? Product type segment 2017 - 2021 ($ million)

• 4.3 End-user segment analysis 2017 - 2021 
• Exhibit 20: Historic market size ? End-user segment 2017 - 2021 ($ million)

• 4.4 Geography segment analysis 2017 - 2021 
• Exhibit 21: Historic market size ? Geography segment 2017 - 2021 ($ million)

• 4.5 Country segment analysis 2017 - 2021 
• Exhibit 22: Historic market size ? Country segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers ? Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers ? Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants ? Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes ? Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry ? Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product Type

• 6.1 Market segments
• Exhibit 30: Chart on Product Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product Type - Market share 2022-2027 (%)

• 6.2 Comparison by Product Type 
• Exhibit 32: Chart on Comparison by Product Type
• Exhibit 33: Data Table on Comparison by Product Type

• 6.3 Fixation devices - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Fixation devices - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Fixation devices - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Fixation devices - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Fixation devices - Year-over-year growth 2022-2027 (%)

• 6.4 Tissue scaffold - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Tissue scaffold - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Tissue scaffold - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Tissue scaffold - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Tissue scaffold - Year-over-year growth 2022-2027 (%)

• 6.5 Cell therapy-based - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Cell therapy-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Cell therapy-based - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Cell therapy-based - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Cell therapy-based - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Product Type 
• Exhibit 46: Market opportunity by Product Type ($ million)
• Exhibit 47: Data Table on Market opportunity by Product Type ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 50: Chart on Comparison by End-user
• Exhibit 51: Data Table on Comparison by End-user

• 7.3 Hospitals and clinics - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Hospitals and clinics - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Hospitals and clinics - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Hospitals and clinics - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Hospitals and clinics - Year-over-year growth 2022-2027 (%)

• 7.4 Ambulatory surgical centers - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Ambulatory surgical centers - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Ambulatory surgical centers - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Ambulatory surgical centers - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Ambulatory surgical centers - Year-over-year growth 2022-2027 (%)

• 7.5 Physicians offices - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Physicians offices - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Physicians offices - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Physicians offices - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Physicians offices - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by End-user 
• Exhibit 64: Market opportunity by End-user ($ million)
• Exhibit 65: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 67: Chart on Market share by geography 2022-2027 (%)
• Exhibit 68: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 69: Chart on Geographic comparison
• Exhibit 70: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 Asia - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Asia - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Asia - Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

• 9.7 US - Market size and forecast 2022-2027 
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.8 Germany - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.9 Japan - Market size and forecast 2022-2027 
• Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.10 France - Market size and forecast 2022-2027 
• Exhibit 99: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.11 UK - Market size and forecast 2022-2027 
• Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ million)
• Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 114: Matrix on vendor position and classification

• 12.3 Amplitude Surgical
• Exhibit 115: Amplitude Surgical - Overview
• Exhibit 116: Amplitude Surgical - Product / Service
• Exhibit 117: Amplitude Surgical - Key offerings

• 12.4 Arthrex Inc.
• Exhibit 118: Arthrex Inc. - Overview
• Exhibit 119: Arthrex Inc. - Product / Service
• Exhibit 120: Arthrex Inc. - Key offerings

• 12.5 Becton Dickinson and Co. 
• Exhibit 121: Becton Dickinson and Co. - Overview
• Exhibit 122: Becton Dickinson and Co. - Business segments
• Exhibit 123: Becton Dickinson and Co. - Key news
• Exhibit 124: Becton Dickinson and Co. - Key offerings
• Exhibit 125: Becton Dickinson and Co. - Segment focus

• 12.6 Boston Scientific Corp. 
• Exhibit 126: Boston Scientific Corp. - Overview
• Exhibit 127: Boston Scientific Corp. - Business segments
• Exhibit 128: Boston Scientific Corp. - Key news
• Exhibit 129: Boston Scientific Corp. - Key offerings
• Exhibit 130: Boston Scientific Corp. - Segment focus

• 12.7 Conmed Corp.
• Exhibit 131: Conmed Corp. - Overview
• Exhibit 132: Conmed Corp. - Business segments
• Exhibit 133: Conmed Corp. - Key offerings
• Exhibit 134: Conmed Corp. - Segment focus

• 12.8 Integra Lifesciences Holdings Corp. 
• Exhibit 135: Integra Lifesciences Holdings Corp. - Overview
• Exhibit 136: Integra Lifesciences Holdings Corp. - Business segments
• Exhibit 137: Integra Lifesciences Holdings Corp. - Key news
• Exhibit 138: Integra Lifesciences Holdings Corp. - Key offerings
• Exhibit 139: Integra Lifesciences Holdings Corp. - Segment focus

• 12.9 Johnson and Johnson
• Exhibit 140: Johnson and Johnson - Overview
• Exhibit 141: Johnson and Johnson - Business segments
• Exhibit 142: Johnson and Johnson - Key news
• Exhibit 143: Johnson and Johnson - Key offerings
• Exhibit 144: Johnson and Johnson - Segment focus

• 12.10 LifeNet Health Inc.
• Exhibit 145: LifeNet Health Inc. - Overview
• Exhibit 146: LifeNet Health Inc. - Product / Service
• Exhibit 147: LifeNet Health Inc. - Key offerings

• 12.11 Medtronic Plc
• Exhibit 148: Medtronic Plc - Overview
• Exhibit 149: Medtronic Plc - Business segments
• Exhibit 150: Medtronic Plc - Key news
• Exhibit 151: Medtronic Plc - Key offerings
• Exhibit 152: Medtronic Plc - Segment focus

• 12.12 MTF Biologics
• Exhibit 153: MTF Biologics - Overview
• Exhibit 154: MTF Biologics - Product / Service
• Exhibit 155: MTF Biologics - Key offerings

• 12.13 RTI Surgical Inc.
• Exhibit 156: RTI Surgical Inc. - Overview
• Exhibit 157: RTI Surgical Inc. - Product / Service
• Exhibit 158: RTI Surgical Inc. - Key offerings

• 12.14 Smith and Nephew plc
• Exhibit 159: Smith and Nephew plc - Overview
• Exhibit 160: Smith and Nephew plc - Business segments
• Exhibit 161: Smith and Nephew plc - Key news
• Exhibit 162: Smith and Nephew plc - Key offerings
• Exhibit 163: Smith and Nephew plc - Segment focus

• 12.15 Stryker Corp.
• Exhibit 164: Stryker Corp. - Overview
• Exhibit 165: Stryker Corp. - Business segments
• Exhibit 166: Stryker Corp. - Key news
• Exhibit 167: Stryker Corp. - Key offerings
• Exhibit 168: Stryker Corp. - Segment focus

• 12.16 Wright Medical Group NV 
• Exhibit 169: Wright Medical Group NV - Overview
• Exhibit 170: Wright Medical Group NV - Business segments
• Exhibit 171: Wright Medical Group NV - Key offerings
• Exhibit 172: Wright Medical Group NV - Segment focus

• 12.17 Zimmer Biomet Holdings Inc. 
• Exhibit 173: Zimmer Biomet Holdings Inc. - Overview
• Exhibit 174: Zimmer Biomet Holdings Inc. - Business segments
• Exhibit 175: Zimmer Biomet Holdings Inc. - Key news
• Exhibit 176: Zimmer Biomet Holdings Inc. - Key offerings
• Exhibit 177: Zimmer Biomet Holdings Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 178: Inclusions checklist
• Exhibit 179: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 180: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 181: Research methodology
• Exhibit 182: Validation techniques employed for market sizing
• Exhibit 183: Information sources

• 13.5 List of abbreviations 
• Exhibit 184: List of abbreviations

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