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The global market for artificial tendons and ligaments is estimated at $16.2 billion in 2020, and is projected to increase at a CAGR (compound annual growth rate) of 16.8 percent between 2021 and 2030. A ligament is the fibrous tissue that connects two bones. A ligament is a band of fibrous connective tissue that stabilises joints between bones and provides structural support for other tissues and organs. The two most prevalent kinds of ligament are white ligament (which is high in collagenous fibres) and yellow ligament (which is high in elastic fibres). A synthetic tendon could be used as a replacement for a torn tendon. Biocompatible fibres such as polypropylene, polyacrylonitrile, and PET (polyethylene terephthalate) are used in the construction of synthetic tendons (sodium styrene sulfonate). Tissues including tendons and ligaments can now be 3D printed thanks to research at the University of Utah.
The knee injuries subsegment of the artificial tendons and ligaments market has been the most lucrative due to a number of factors including the prevalence of knee injuries and the discomfort associated with harvesting sites for auto grafts and allografts in traditional surgical treatment.
Elbow, back, and hip injuries are all listed in the "other applications" category. Prosthesis replacement and whole-femur tumour ectomy are two examples of high-success operations that are boosting demand in this sector. NAJA and IntraSpine by Cousin Biotech, LARS by the same firm, and InternalBrace by Arthrex are among the most well-known devices in this category.
The healthcare industry is the largest consumer of artificial tendons and ligaments worldwide because of the sheer number of patients they serve and the prevalence of postoperative complications that need readmission. An enabling infrastructure that allows for smooth operations is also helpful for spreading the usage of these grafts in end-user institutions like hospitals and clinics.
Report Coverage
Global Artificial Tendons and Ligaments research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Artificial Tendons and Ligaments report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Artificial Tendons and Ligaments competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Artificial Tendons and Ligaments market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Artificial Tendons and Ligaments market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Artificial Tendons and Ligaments market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Artificial Tendons and Ligaments market based on the below-mentioned segments:
Global Artificial Tendons and Ligaments Market, By Type
Global Artificial Tendons and Ligaments market, By Application
Global Artificial Tendons and Ligaments Market, By End User
Global Artificial Tendons and Ligaments market, Regional Analysis
The knee injuries subsegment of the artificial tendons and ligaments market has been the most lucrative due to a number of factors including the prevalence of knee injuries and the discomfort associated with harvesting sites for auto grafts and allografts in traditional surgical treatment.
Elbow, back, and hip injuries are all listed in the "other applications" category. Prosthesis replacement and whole-femur tumour ectomy are two examples of high-success operations that are boosting demand in this sector. NAJA and IntraSpine by Cousin Biotech, LARS by the same firm, and InternalBrace by Arthrex are among the most well-known devices in this category.
The healthcare industry is the largest consumer of artificial tendons and ligaments worldwide because of the sheer number of patients they serve and the prevalence of postoperative complications that need readmission. An enabling infrastructure that allows for smooth operations is also helpful for spreading the usage of these grafts in end-user institutions like hospitals and clinics.
Report Coverage
Global Artificial Tendons and Ligaments research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Artificial Tendons and Ligaments report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Artificial Tendons and Ligaments competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Artificial Tendons and Ligaments market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Corin Group, Xiros Ltd, Mathys AG Bettlach, Cousin Biotech, Orthomed S.A.S., FX Solutions, Shanghai PINE&POWER Biotech |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Artificial Tendons and Ligaments Market from 2021 to 2030.
- Market Forecast for Artificial Tendons and Ligaments Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Artificial Tendons and Ligaments competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Artificial Tendons and Ligaments
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Artificial Tendons and Ligaments market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Artificial Tendons and Ligaments market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
- Corin Group
- Xiros Ltd
- Mathys AG Bettlach
- Cousin Biotech
- Orthomed S.A.S.
- FX Solutions
- Shanghai PINE&POWER Biotech
Primary Target Market
- Market Players of Artificial Tendons and Ligaments
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Artificial Tendons and Ligaments market based on the below-mentioned segments:
Global Artificial Tendons and Ligaments Market, By Type
- Silastic-rod implant
- Marlex mesh
- Carbon-Fibre implant
Global Artificial Tendons and Ligaments market, By Application
- Knee Injuries
- Shoulder Injuries
- Foot & Ankle Injuries
- Spine Injuries
- Hip Injuries
- Others
Global Artificial Tendons and Ligaments Market, By End User
- Hospitals
- Specialty Clinics
- Ambulatory Surgery Centres
- Others
Global Artificial Tendons and Ligaments market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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