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Global Artificial Tendons & Ligaments Market Size & Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies: 2018 to 2026

DRUCKEN

DUBLIN, March 26, 2019 /PRNewswire/ -- The "Global Artificial Tendons and Ligaments Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 to 2026" report has been added to ResearchAndMarkets.com's offering.

The global artificial tendons and ligaments market was valued at US$ 17.3 Mn in 2017 and is expected to reach US$ 46.4 Mn by 2026, expanding at a CAGR of 11.5% from 2018 to 2026.

The growing incidence of sports and athletic activities and the resultant high incidence of associated injuries us a key factor driving the market for artificial tendons and ligaments. Such injuries also result from leisure activities, use of improper equipment, accidents and substandard training. ACL tear and ankle sprain are some of the most common results among sportspersons and athletes.

Additionally, growing preference for minimally invasive surgical procedures is yet another driver of the global artificial tendons and ligaments market. Technological and procedural advancements in minimally invasive surgeries have led to improved treatment outcomes, lesser recovery time, and ultimately greater cost savings both to the hospitals and patients. This has led to a rise in the adoption of minimally invasive surgeries for joint surgeries, tendon reinforcement and implantation of artificial ligaments.

Another key factor supporting the market growth is the disadvantages associated with allografts and autografts. Such implantation often results in complications such as tendon rupture, joint and muscle weakness, pain and loss of normal movement. Such risks have resulted in doctors losing trust in these procedures and the emergence of synthetic material implants for ligament and tendon reconstruction.

Manufacturers of such solutions are increasing their R&D efforts to come up with more advanced implants with better bioavailability, abrasion resistance, and strength. A growing geriatric population has led to an increased prevalence of musculoskeletal conditions such as weakness of bone and connective tissue.

Considering the various applications where artificial tendons and ligaments are implanted, the global market is dominated by knee injuries segment. Significantly high incidence of anterior cruciate ligament injuries in the general population and athletes is the prime factor supporting the dominance of this segment. Furthermore, perpetual technological advancements and improving treatment outcomes will also make knee injuries the fastest growing segment.

Hospitals occupy the larger share of the global artificial tendons and ligaments market in terms of revenue. Higher patient footfall, greater skills of surgeons, and greater presence of hospitals as against ambulatory surgery centers are attributed to the dominance of this segment.

Geographically, Asia Pacific shall be the most prominent market to watch for as it is anticipated to advance at swift double-digit growth rate. Key players in this market have already begun penetrating the Asia Pacific realizing the untapped opportunities in the region, through expansion of distribution networks. Improving awareness and increasing healthcare expenditure are also driving the growth of the Asia Pacific market.

Key Market Movements

  • Increasing adoption of minimally invasive surgical techniques in orthopedic procedures
  • Growth in the incidence of sports injuries and joint tissue ruptures
  • Awareness about the complications associated with autologous and allogeneic grafts
  • Growing initiatives to introduce synthetic grafts that shall integrate with the native bones and promote new ligament

Topics Covered

Chapter 1. Preface
1.1. Report Description
1.2. Research Scope
1.3. Research Methodology
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Artificial Tendons and Ligaments Market Portraiture
2.2. Global Artificial Tendons and Ligaments Market, by Application, 2017 (US$ Mn)
2.3. Global Artificial Tendons and Ligaments Market, by Usage Area, 2017 (US$ Mn)
2.4. Global Artificial Tendons and Ligaments Market, by Geography, 2017 (US$ Mn)

Chapter 3. Global Artificial Tendons and Ligaments Market: Dynamics and Future Outlook
3.1. Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global Artificial Tendons and Ligaments Market, by Key Players, 2017

Chapter 4. Global Artificial Tendons and Ligaments Market, by Application, 2016 - 2026 (US$ Mn)
4.1. Overview
4.2. Knee Injuries
4.3. Foot & Ankle Injuries
4.4. Shoulder Injuries
4.5. Others

Chapter 5. Global Artificial Tendons and Ligaments Market, by Usage Area, 2016 - 2026 (US$ Mn)
5.1. Overview
5.2. Hospitals
5.3. Ambulatory Surgery Centers

Chapter 6. Global Artificial Tendons and Ligaments Market, by Geography, 2016 - 2026 (US$ Mn)
6.1. Overview
6.2. North America Artificial Tendons and Ligaments Market, 2016 - 2026 (US$ Mn)
6.3. Europe Artificial Tendons and Ligaments Market, 2016 - 2026 (US$ Mn)
6.4. Asia Pacific Artificial Tendons and Ligaments Market, 2016 - 2026 (US$ Mn)
6.5. Latin America Artificial Tendons and Ligaments Market, 2016 - 2026 (US$ Mn)
6.6. Middle East & Africa Artificial Tendons and Ligaments Market, 2016 - 2026 (US$ Mn)

Chapter 7. Company Profiles
7.1. Artelon
7.1.1. Company Overview
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. FX Solutions SAS
7.3. Corin Group
7.4. Xiros Ltd.
7.5. Group FH Ortho
7.6. Shanghai Pine & Power Biotech Co. Ltd.
7.7. Cousin Biotech
7.8. Orteq Sports Medicine

For more information about this report visit https://www.researchandmarkets.com/research/4l2p45/global_artificial?w=5

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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Cision View original content:http://www.prnewswire.com/news-releases/global-artificial-tendons--ligaments-market-size--share-application-analysis-regional-outlook-growth-trends-key-players-competitive-strategies-2018-to-2026-300817616.html

SOURCE Research and Markets

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