The global artificial tendons and ligaments industry is projected to grow on account of the increasing occurrence of sports injuries. For instance, as per the estimates of Accident and Emergency (A&E), over 20 million sports injuries were recorded in 2019. Furthermore, rising awareness of artificial tendons & ligaments is anticipated to further boost market growth over the forecast period.
North America currently holds the largest share in the artificial ligaments and tendons market owing to the presence of a significant number of major players across the region along with growing investments by the established firms. However, Asia Pacific is going to record growth at a faster pace on account of the growing geriatric population especially across emerging economies such as India, China, and Japan in particular. Furthermore, the market growth across the Asia Pacific region is attributed to the rising government focus on the development of advanced healthcare facilities for the growing population.
Adroit Market Research report on global artificial ligaments and tendons market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities, and challenges. The market has been studied for the period 2018 to 2028, with the base year of estimation as 2019 and forecast from 2020 to 2028. The report covers the current status and future traits of the market at the global as well as country level. Also, the study assesses the market competition with Porter's five forces analysis and company positioning based on their product portfolio, geographic footprint, strategic initiatives, and overall revenue. Prominent players operating in the global artificial ligaments and tendons market have been studied in detail.
The prominent players operating in the global artificial ligaments and tendons market include Corin, Xiros Ltd., Cousin Biotech, Orthomed, FX Solutions S.A.S., Shanghai Pine & Power Biotech Co., Ltd., Mathys AG Bettlach, Artelon, Neoligaments, Stryker Corporation among other prominent players.
Key segments of the global artificial ligaments and tendons market
Application Overview, 2018-2028 (USD Million)
- Knee Injuries
- Shoulder Injuries
- Foot and Ankle Injuries
- Others
End-Use Overview, 2018-2028 (USD Million)
- Hospitals & Clinics
- ASCs
Regional Overview, 2018-2028 (USD Million)
- North America
- U.S.
- Canada
- Europe
- Germany
- United Kingdom
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- South America
- Brazil
- Mexico
- Rest of South America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East and Africa