Product ID: SQMIG35J2093
Global Artificial Tendons And Ligaments Market Size, Share, Growth Analysis, By End-Use(Hospitals, Clinics), By Application(Knee Injuries, Shoulder Injuries) - Industry Forecast 2024-2031
Report ID:
SQMIG35J2093 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
65 |
Figures:
75
Global Artificial Tendons And Ligaments Market Insights
Global Artificial Tendons And Ligaments Market size was valued at USD 9.78 million in 2019 and is poised to grow from USD 11.11 million in 2023 to USD 35 million by 2031, growing at a CAGR of 13.6% in the forecast period (2024-2031).
Artificial ligament, together with any required anchoring mechanisms, is a tool used to support or replace the natural ligament. The intended performance, design qualities, materials, design evaluation, fabrication and inspection, sterilization, and packaging are a few crucial aspects to take into account when designing ligaments. The primary aspects to be taken into account in the design evaluation, pre-clinical and clinical studies are the mechanical loads and associated movements that the implants may experience during use, as well as fatigue testing of the highly stressed sections. Sports-related safety precautions are frequently overlooked, which can lead to a variety of moderate to serious injuries. A&E departments in England treated an estimated 165,000 cases of sports-related injuries in 2019, according to Accident & Emergency (A&E) figures released by the U.K. Parliament. The use of synthetic tendons and ligaments for knee, ankle, and tendon reinforcement will also rise due to the rising desire for minimally invasive procedures, government initiatives related to raising awareness about sports injuries, and developments in surgical techniques.
Complications from both autologous and allogeneic transplants include quadriceps weakening, tendon rupture, anterior knee discomfort, and loss of complete extension. Because of the potential hazards involved with autograft and allograft surgeries, synthetic materials for ligament restoration have been developed. Players in the industry and different research organizations are concentrating on R&D activities to identify a unique material with high tensile strength, abrasion resistance, and no immunological reaction. New synthetic ligament grafts that can integrate with natural bones, support the knee, and encourage the formation of new ligament tissues are also being developed by researchers. For instance, researchers at Hokkaido University created a flexible, robust, fiber-reinforced hydrogel biomaterial in July 2021 that can withstand normal wear and tear. The scientific team proposed that the substance may be used to create artificial ligaments, tendons, or organs. Therefore, it is projected that increasing R&D activities will maintain this market's strong growth trajectory.
US Artificial Tendons And Ligaments Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Artificial Tendons And Ligaments Market Report Snapshots
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