Global Cruciate Ligament Repair Procedures Market, By Type (Posterior Cruciate Ligament (PCL) and Anterior Cruciate Ligament (ACL)), Injury Type (Grade I, Grade II and Grade III), Product (Cemented Implants, Cement-Less Implants, Partial Implants and Revision Implants), Indication (Osteoarthritis, Rheumatoid Arthritis, Trauma and Others), Diagnosis (Imaging and Others), Treatment (Surgery, Therapies, Devices and Others), End User (Hospitals, Orthopaedic Clinics, Ambulatory Surgical Centres and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the cruciate ligament repair procedures market will exhibit a CAGR of around 8.70% for the forecast period of 2021-2028. Rising prevalence of ligament injuries and disorders, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, growing awareness and concerns regarding the injuries and rising expenditure for the development of healthcare infrastructure development especially in the developing economies are the major factors attributable to the growth of cruciate ligament repair procedures market.
Cruciate ligament repair procedure is a medical treatment wherein the replacement and reconstruction of knee and related ligaments. Cruciate ligament is a condition when the ligament in the knee crosses from the underside of the thigh bone to the top of the bigger bone in the lower leg.
Upsurge in the prevalence of sports related injuries and musculoskeletal disorders is one of the major factors fostering the growth of the market. Surging geriatric population base coupled with growing number of athletes owing to the ever-rising fondness for world championships and events is another market growth determinant. Growing incidences of obesity and rising medical tourism are other important factors that will further generate lucrative market growth opportunities.
However, improper and unfavourable reimbursement scenario in the developing and underdeveloped economies will derail the market growth rate. Also, high costs associated with the knee surgeries will further pose challenges for the market. Stringent regulatory norms and poor healthcare infrastructure in the backward economies will also hamper the market growth rate.
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 localised 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 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.
Global Cruciate Ligament Repair Procedures Market Scope and Market Size
The cruciate ligament repair procedures market is segmented on the basis of type, injury type, product, indication, diagnosis, treatment and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on type, the cruciate ligament repair procedures market is segmented into posterior cruciate ligament (PCL) and anterior cruciate ligament (ACL). Anterior cruciate ligament (ACL) segment is sub-segmented into clinical and non-clinical.
- On the basis of injury type, the cruciate ligament repair procedures market is segmented into grade I, grade II and grade III.
- On the basis of product, the cruciate ligament repair procedures market is segmented into cemented implants, cement-less implants, partial implants and revision implants.
- On the basis of indication, the cruciate ligament repair procedures market is segmented into osteoarthritis, rheumatoid arthritis, trauma and others.
- On the basis of diagnosis, the cruciate ligament repair procedures market is segmented into imaging and others. imaging segment is sub-segmented into abdominal x-ray, magnetic resonance imaging (MRI), ultrasound, laparoscopy and angiography.
- On the basis of treatment, the cruciate ligament repair procedures market is segmented into surgery, therapies, devices and others. Surgery segment is sub-segmented into arthroscopy, anterior cruciate ligament (ACL) reconstruction and others. Therapies segment is sub-segmented into rehabilitation and physical therapies. Devices segment is sub-segmented into elastic bandages and others.
- On the basis of end user, the cruciate ligament repair procedures market is segmented into hospitals, orthopaedic clinics, ambulatory surgical centres and others.
Cruciate Ligament Repair Procedures Market Country Level Analysis
The cruciate ligament repair procedures market is analysed and market size insights and trends are provided by country, type, injury type, product, indication, diagnosis, treatment and end user as referenced above.
The countries covered in the cruciate ligament repair procedures market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the cruciate ligament repair procedures market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the increasing prevalence of musculoskeletal disorders. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period owing to the rising research and development proficiencies and rapidly growing incidences of obesity.
The country section of the cruciate ligament repair procedures market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare infrastructure growth installed base and new technology penetration
The cruciate ligament repair procedures market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for cruciate ligament repair procedures market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the cruciate ligament repair procedures market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Cruciate Ligament Repair Procedures Market Share Analysis
The cruciate ligament repair procedures market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to cruciate ligament repair procedures market.
The major players covered in the cruciate ligament repair procedures market report are Zimmer Biomet., CONMED Corporation., Medical Devices Business Services, Inc., Stryker, Smith & Nephew Plc., Xiros Ltd., Corin Group, Mathys AG Bettlach, GROUP FH ORTHO communication, Artelon, Colfax Corporation, Fuse Medical., MicroPort Scientific Corporation, Bauerfeind USA Inc., Össur, OTTOBOCK, United Orthopedic Corporation, Exactech, Inc., Wright Medical Group N.V. and BREG, Inc. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.