Cruciate Ligament Repair Procedures Market is Expected to Reach USD 23406.15 Billion by 2030
Global Cruciate Ligament Repair Procedures Market research report is fragmented in several features which include manufacturers, region, type, application, market status, market share, growth rate, future trends, market drivers, opportunities, challenges, emerging trends, risks, entry barriers, sales channels, and distributors which are again elaborated in the report as required to define the topic and give maximum information for better decision making. The statistical and numerical data collected to generate this report is mostly denoted with the graphs, tables and charts as required which make this report more users friendly. To thrive in the global market place, choosing an excellent Global Cruciate Ligament Repair Procedures Market report which includes market analysis based on regional and global level is imperative.
The market is expanding at an exponential rate due to an increase in sports-related knee injuries and an increase in demand for minimally invasive procedures. Knee injuries are among the most common types of musculoskeletal injuries, particularly among athletes. Increased participation in sports activities has increased the number of various injuries among athletes, driving the number of knee surgeries performed globally. According to our estimates, nearly 2.5 million knee reconstruction surgeries were performed in 2018, and this figure is expected to rise at a rapid pace during the forecast period.
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Data Bridge Market Research analyses that the cruciate ligament repair procedures market which is USD 12186.87 billion in 2022, is expected to reach USD 23406.15 billion by 2030, at a CAGR of 8.5% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Cruciate Ligament Repair Procedures Market Overview:
The cruciate ligaments are a pair of ligaments that connect the bones of the knees. Cruciate ligaments are also known as cruciform ligaments because they are arranged in a crossed or X pattern. A surgical tissue graft is used to replace torn or injured cruciate muscles during cruciate ligament repair surgery. The most common grafts are autografts, which use a portion of your own body, such as the patellar tendon (kneecap tendon), one of the hamstring tendons, or the quadriceps tendon above the kneecap.
| REPORT METRIC | DETAILS |
| Forecast Period | 2023 to 2030 |
| Base Year | 2022 |
| Historic Years | 2021 (Customizable to 2015 – 2020) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Opportunities
- Rise in ageing population
The world’s ageing population may increase the number of knee injuries requiring ligament repair. For instance, the WHO predicted in October 2021 that by 2030, one in every six people worldwide would be 60 or older. By 2050, the global population of people aged 60 and up will have doubled to 2.1 billion. The number of people aged 80 and up is expected to triple between 2020 and 2050, reaching 426 million. Aging may deteriorate knee health, increasing the risk of cruciate ligament damage and the need for treatment. As a result, as the geriatric population grows, so the demand for cruciate ligament repair procedures, boosting market growth.
Restraints/Challenges
- High costs associated with knee surgeries
In developing and underdeveloped economies, improper and unfavourable reimbursement scenarios will derail market growth. Furthermore, the high costs associated with knee surgeries will present additional challenges to the market. Stringent regulatory standards and inadequate healthcare infrastructure in developing economies will also slow market growth.
This cruciate ligament repair procedures market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cruciate ligament repair procedures market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Fundamental Aim of this Market Report
- Factors influencing This Market Size and growth rate.
- Major alterations to this market in the near future.
- Notable Market rivals around the world.
- Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
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Some of the major players operating in the cruciate ligament repair procedures market are:
- Zimmer Biomet (U.S.)
- Stryker (U.S.)
- Smith+Nephew (U.K.)
- Medical Devices Business Services, Inc. (U.S.)
- Arthrex, Inc. (U.S.)
- Bauerfeind USA Inc. (U.S.)
- DJO LLC (U.S.)
- DeRoyal Industries, Inc. (U.S.)
- OSSUR (Iceland)
- DARCO International Inc. (U.S.)
- EXACTECH (U.S.)
- Corin Group (U.K.)
- GROUP FH ORTHO communication (France)
- Neoligaments (U.K.)
- B. Braun SE (Germany)
- Corin (U.K.)
- Waldemer Link GmbH & Co. K.G. (Germany)
- Wright Medical Group N.V. (U.S.)
- Boston Scientific Corporation (U.S.)
- MicroPort Scientific Corporation (China)
- athenahealth, Inc. (U.S.)
Cruciate Ligament Repair Procedures Market Scope
Type
- Posterior Cruciate Ligament (PCL)
- Anterior Cruciate Ligament (ACL)
- Clinical
- Non-clinical
Injury Type
- Grade I
- Grade II
- Grade III
Product
- Cemented Implants
- Cement-Less Implants
- Partial Implants
- Revision Implants
Indication
- Osteoarthritis
- Rheumatoid Arthritis
- Trauma
- Others
Diagnosis
- Imaging
- Abdominal x-ray
- Magnetic Resonance Imaging (MRI)
- Ultrasound
- Laparoscopy
- Angiograph
- Others
Treatment
- Surgery
- Arthroscopy
- Anterior Cruciate Ligament (ACL) Reconstruction
- Others
- Therapies
- Rehabilitation
- Physical Therapies
- Devices
- Elastic Bandages
- Others
- Others
End User
- Hospitals
- Orthopaedic Clinics
- Ambulatory Surgical Centres
- Others
Key highlights of this Market report:
- Growth rate
- Remuneration prediction
- Consumption graph
- Market concentration ratio
- Secondary industry competitors
- Competitive structure
- Major restraints
- Market drivers
- Regional bifurcation
- Competitive hierarchy
- Current market tendencies
- Market concentration analysis
What benefits does the DBMR study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Regulations
- Market Overview
Continued…
Browse Detailed Summary of Research Report with TOC: https://www.databridgemarketresearch.com/toc/?dbmr=global-cruciate-ligament-repair-procedures-market&Shri
Key Benefits of the Report:
- This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.
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