USD 3.9 billion
Report ID:
SQMIG35A2582 |
Region:
Global |
Published Date: February, 2025
Pages:
219
|Tables:
70
|Figures:
65
Global Orthopedic Soft Tissue Repair Market size was valued at USD 3.9 billion in 2023 and is poised to grow from USD 4.02 billion in 2024 to USD 5.13 billion by 2032, growing at a CAGR of 3.1% during the forecast period (2025-2032).
The adoption and affordability of available treatment avenues are projected to be influential drivers of market expansion. Notably, the Global Burden of Diseases (GBD) study conducted in 2017 highlighted musculoskeletal injuries as contributing to 16% of all years lived with disability, positioning it as the leading contributor to the global disability index.
Conversely, the hip application segment is poised to exhibit the swiftest growth, boasting a CAGR of 8.8% over the forecast period. This remarkable growth can be attributed to the escalating occurrence of hip joint dysfunction triggered by soft tissue injuries. Such injuries surrounding the hip joint can lead to impaired joint functionality. Recent focus areas in hip pathology encompass concerns like hip impingement and labral tears. With an increasing prevalence of conditions such as labral tears, chondral damage, and ligamentum teres lesions in deep hip soft tissues that are not effectively treatable through physiotherapy alone, this segment has garnered considerable attention. Consequently, market players are being spurred to innovate novel devices and therapies to cater to the demand for more effective treatment solutions.
US Orthopedic Soft Tissue Repair Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 3.9 billion
Largest Segment
Knee
Fastest Growth
Hip
Growth Rate
3.1% CAGR
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Global Orthopedic Soft Tissue Repair Market is segmented by Injury Location, Product Type, Procedure, End User and region. Based on Injury Location, the market is segmented into Knee, Shoulder, Hip and Small Joints. Based on Product Type, the market is segmented into Fixation Devices, Tissue Patch and Laparoscopic Instruments. Based on Procedure, the market is segmented into Anterior Cruciate Ligament, Rotator Cuff, Vaginal Prolapse, Lateral Epicondylitis, Achilles, Gluteal Tendon, Biceps Tenodesis, Hip Arthroscopy, Cruciate Ligaments Repair and Pelvic Organ Prolapse. Based on End User, the market is segmented into Hospitals, Ambulatory Centers and Orthopedic Clinics. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
The injury location segment encompasses various areas, including the knee, shoulder, hip, and small joints. In 2022, the knee application segment secured the largest market share at 38.9%. This expansion is attributed to the wider applicability and acceptance of orthopedic soft tissue repair procedures, along with the growing adoption of treatment options in both developed and emerging nations. Furthermore, the accessibility and affordability of available treatment alternatives are expected to propel market growth. According to the 2017 Global Burden of Diseases (GBD) study, musculoskeletal injuries contributed to 16% of total years lived with disability, making it the foremost contributor to the global disability index.
Conversely, the hip application segment is poised to exhibit the highest growth, projected to achieve a CAGR of 8.8% throughout the forecast period. This surge is primarily driven by the increasing prevalence of hip joint dysfunction caused by soft tissue injuries. Such injuries surrounding the hip joint can lead to dysfunction. Notably, recent years have seen a focus on hip pathology areas such as hip impingement and labral tears. The rising occurrences of labral tears, chondral damage, and lesions in deep soft tissues within the hip, which often cannot be effectively treated through physiotherapy alone, have garnered attention. As a result, this segment is fueling innovation among market players, encouraging the development of devices and therapies for effective treatment solutions.
In 2022, the largest market share of 40.2% was secured by the cruciate ligaments repair category. This growth is directly linked to the escalating occurrence of ACL injuries prevalent in sporting activities, with sports like soccer and baseball frequently contributing to such injuries. The American Journal of Sports Medicine reported an annual ACL injury incidence of 68.6/100,000 individuals. The surge in sports participation has driven a corresponding increase in sports-related injuries, driving the demand for enhanced orthopedic soft tissue repair solutions. Notably, in 2018, nearly 399,431 reconstruction procedures were conducted in the U.S., and this number is projected to reach 787,463 by 2025.
ACL injuries account for 40% to 50% of all knee ligament injuries. The mounting prevalence of knee injuries, coupled with the introduction of innovative, technologically advanced, and patient-friendly products that are also cost-effective, are pivotal factors anticipated to drive the adoption of these procedures. Additionally, growing awareness about the potential development of arthritis due to unaddressed ACL tears and injuries is expected to encourage patients to opt for either invasive or minimally invasive surgical interventions.
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In 2022, North America held the predominant market share of 45.0%, primarily influenced by the escalating number of knee arthroscopies conducted within the region. Notably, an article published by the Osteoarthritis Research Society International revealed that out of the annual 1 million knee arthroscopies performed in the United States, a substantial 700,000 involved meniscus procedures. The region's growth is further propelled by the augmentation of healthcare expenditure and investments in healthcare infrastructure. Increased healthcare spending plays a pivotal role in rendering costly orthopedic soft tissue repair surgeries more accessible. For instance, data from the National Health Expenditure (NHE) study conducted by KFF elucidated that the total national health expenditure in the U.S. surged from USD 3,178 billion in 2015 to USD 3,795 billion in 2019.
On the other hand, the Asia Pacific region is poised to exhibit the swiftest growth with a projected CAGR of 9.7% during the forecast period. This surge is attributed to the mounting prevalence of musculoskeletal disorders and a simultaneous rise in disposable income. The region's market expansion is further facilitated by a robust presence of local medical device manufacturers, bestowing substantial growth prospects. Additionally, the market is driven by ongoing research endeavors, notably in Japan and India, coupled with a sizable geriatric population susceptible to musculoskeletal ailments. Japan, in particular, stands out with the highest geriatric demographic within the region.
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Rising Incidence of Orthopedic Injuries
Sports and Physical Activity
Regulatory Challenges
High Costs
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The competitive landscape of the global orthopedic soft tissue repair market is marked by intense rivalry among key players striving to establish their prominence. Leading medical device companies are engaged in strategic initiatives such as mergers, acquisitions, collaborations, and partnerships to expand their product portfolios and geographical presence. These players focus on continuous research and development to introduce innovative and technologically advanced soft tissue repair solutions, enhancing patient outcomes.
Moreover, the market showcases a diverse range of products catering to various orthopedic needs, including ligament and tendon repair, meniscus repair, and rotator cuff repair. Key manufacturers vie for market share by offering a wide array of products, including grafts, sutures, anchors, and patches, each tailored to address specific anatomical requirements.
Geographically, established players dominate in mature markets like North America and Europe, leveraging their brand recognition and distribution networks. Meanwhile, emerging economies in Asia-Pacific and Latin America provide lucrative opportunities for market expansion, prompting players to tailor their strategies to cater to the unique demands of these regions.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global orthopedic soft tissue repair market analysis, the global orthopedic soft tissue repair market presents a landscape characterized by dynamic growth and transformative advancements. The rising prevalence of orthopedic injuries and disorders, coupled with the increasing geriatric population, has fueled the demand for innovative soft tissue repair solutions. Technological innovations, such as minimally invasive techniques and biocompatible materials, are driving the market's expansion. Additionally, the market benefits from strong investments in research and development, leading to the introduction of more effective and patient-friendly treatment options.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 3.9 billion |
Market size value in 2032 | USD 5.13 billion |
Growth Rate | 3.1% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Orthopedic Soft Tissue Repair Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Orthopedic Soft Tissue Repair Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Orthopedic Soft Tissue Repair Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Orthopedic Soft Tissue Repair Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Orthopedic Soft Tissue Repair Market size was valued at USD 7.15 Billion in 2023 and is poised to grow from USD 7.74 Billion in 2024 to USD 14.65 Billion by 2032, growing at a CAGR of 8.3% during the forecast period (2025-2032).
The competitive landscape of the global orthopedic soft tissue repair market is marked by intense rivalry among key players striving to establish their prominence. Leading medical device companies are engaged in strategic initiatives such as mergers, acquisitions, collaborations, and partnerships to expand their product portfolios and geographical presence. These players focus on continuous research and development to introduce innovative and technologically advanced soft tissue repair solutions, enhancing patient outcomes. 'Arthrex, Inc. (United States)', 'Johnson & Johnson (United States)', 'Smith & Nephew plc (United Kingdom)', 'Stryker Corporation (United States)', 'Medtronic plc (Ireland)', 'Zimmer Biomet Holdings, Inc. (United States)', 'CONMED Corporation (United States)', 'DePuy Synthes (United States)', 'Ceterix Orthopaedics (United States)', 'ArthroCare Corporation (United States)'
The increasing prevalence of sports-related injuries, trauma cases, and degenerative musculoskeletal conditions is driving the demand for effective soft tissue repair solutions.
Minimally Invasive Procedures: Increasing preference for minimally invasive surgical techniques for orthopedic soft tissue repair is a prominent trend. Patients and surgeons alike are opting for procedures that offer quicker recovery, reduced postoperative pain, and shorter hospital stays.
In 2022, North America held the predominant market share of 45.0%, primarily influenced by the escalating number of knee arthroscopies conducted within the region. Notably, an article published by the Osteoarthritis Research Society International revealed that out of the annual 1 million knee arthroscopies performed in the United States, a substantial 700,000 involved meniscus procedures. The region's growth is further propelled by the augmentation of healthcare expenditure and investments in healthcare infrastructure. Increased healthcare spending plays a pivotal role in rendering costly orthopedic soft tissue repair surgeries more accessible. For instance, data from the National Health Expenditure (NHE) study conducted by KFF elucidated that the total national health expenditure in the U.S. surged from USD 3,178 billion in 2015 to USD 3,795 billion in 2019.
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