Artificial Tendons and Ligaments Market To Reach USD 48.4 Billion By 2027 at a CAGR of 13.2%. | Reports and Data

: New York, United States, 21th-July-2020, (Via WiredRelease), (Reports and Data) – According to the current analysis of Reports and Data, The Global Artificial Tendons And Ligaments Market was valued at USD 17.8 billion in 2020 and is expected to reach USD 48.4 billion by the year 2027, at a CAGR of 13.2%. The artificial tendons and ligaments are temporary replacements for supporting the broken or ruptured muscles or ligaments of the body. These artificial implants provide support to the broken tissues until the tissue cells regenerate the broken parts in the body. The natural tendons and ligaments can be ruptured due to any strong external force by trauma or serious accidents.

The artificial tendons and ligaments are used widely by sportspersons, especially athletes and gymnasts, as they are highly susceptible to accidents. For instance, according to the Center for Disease Control and Prevention (CDC), in 2016 stated that around 30 million people, including children and adults, take part in the youth sports events in the US. 

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This report covers the current COVID-19 effects on the economy. This outbreak has brought along drastic changes in world economic situations. The current scenario of the ever-evolving business sector and present and future appraisal of the effects are also covered in the report.

In market segmentation by manufacturers, the report covers the following companies-: Cousin Biotech, BioMed, LARS, Neoligaments, Orthomed S.A.S., FX Solutions, Shanghai PINE & POWER Biotech, Mathys AG Bettlach, Arthrex Inc., Stryker, and DePuy Synthes

For the purpose of this report, Reports and Data has segmented the artificial tendons and ligaments market on the basis of application, end-use and region:

Application Outlook (Revenue in Million USD; 2016–2026)

Knee Injuries

Shoulder Injuries

Foot and Ankle Injuries

Others

End-use Outlook (Revenue in Million USD; 2016–2026)

Hospitals and clinics

Ambulatory surgery centers.

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Regional Outlook (Revenue in Million USD; 2016–2026)

North America

Europe

Asia Pacific

Middle East & Africa

Latin America

Further key findings from the report suggest:

The European segment held the highest share in the market followed by Asia Pacific and North America. The rise in participation in sports sector and affordable medical devices have driven the market widely in Europe.

The artificial tendons and ligaments are made out of polymers such as polypropylene and polyethelyene terephthalate. These polymers are non-reactive in the body and hence it is used for manufacturing efficient product.

The other materials used for making these devices include titanium alloys, polyster fabric and dimethyl siloxane. These materials are proven to be biocompatible for use inside the body and are extremely inert materials

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To gain insightful information on the Artificial Tendons And Ligaments market for the period 2020-2027 to help readers better understand the global market and its commercial landscape.

To investigate production processes, major issues and challenges, and solutions to capitalize on the growth opportunities.

To study drivers and restraints that are influencing the growth of the Artificial Tendons And Ligaments market.

An examination of strategic initiatives taken by leading companies.

To give market estimation and prospects for the Artificial Tendons And Ligaments market.

Market estimations for 2020-2027 include the growth trends with the latest market information and SWOT analysis.

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A detailed Artificial Tendons And Ligaments market demand & supply dynamics.

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