Tendon Repair Market Size - By Product Type (Implants, Suture Anchor Devices, Grafts, Scaffolds, Screws, Tendons Repair Matrix), By Application (Rotator Cuff Repair, Archilles Tendinosis Repair, Cruciate Ligament Repairs, Biceps Tenodesis), By End-use– Global Forecast to 2032
Published Date: August - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationTendon Repair Market Size - By Product Type (Implants, Suture Anchor Devices, Grafts, Scaffolds, Screws, Tendons Repair Matrix), By Application (Rotator Cuff Repair, Archilles Tendinosis Repair, Cruciate Ligament Repairs, Biceps Tenodesis), By End-use– Global Forecast to 2032
Tendon Repair Market Size
Tendon Repair Market size was valued at USD 2.2 billion in 2022 and is estimated to account for USD 4.7 billion by 2032. Tendon repair is a medical intervention aimed at restoring damaged or injured tendons in the body. Tendons are fibrous connective tissues that attach muscles to bones and are essential for joint movement and stability.
From Simple Fixes to Surgical RepairsHow Tendon Injuries Get Better When a tendon gets hurt, treatment can vary depending on how bad it is. For mild injuries, physical therapy and exercises can help. But for severe cases, surgery might be needed. During surgery, the surgeon carefully stitches the torn tendon back together. They may use special materials or grafts to make it stronger. When surgery goes well, it can help you move your joint normally again, stop pain, and get back to activities like sports and workouts. As more people get older and sports injuries become more common, there's a growing need for effective tendon repair. Plus, we're always developing new technologies and treatments that make it easier to fix tendons with better results.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Tendon Repair Market Size in 2022 | USD 2.2 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 7.8 % |
| 2032 Value Projection | USD 4.7 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 221 |
| Tables, Charts & Figures | 269 |
| Segments covered | Product Type, Application, End-use and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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COVID-19 Impact
The COVID-19 pandemic had a significant impact on the healthcare industry, including the tendon repair market. During the early stages of the pandemic, many healthcare facilities had to redirect their resources and efforts to manage the surge in COVID-19 cases. Non-essential medical procedures including some elective surgeries and tendon repairs were postponed or cancelled to conserve medical resources and limit potential exposure to the virus. Furthermore, the industry adapted to the new normal, incorporating safety measures, telemedicine, and advancements in medical technology to address the challenges posed by the pandemic.
Tendon Repair Market Trends
As our society ages, more and more people are reaching their golden years. Unfortunately, this also means that we're seeing a rise in age-related health issues, including those affecting our tendons. Tendons are the tough, flexible cords that connect our muscles to our bones. As we get older, our tendons start to lose some of their elasticity and become more prone to injury. This can lead to a variety of degenerative conditions, such as tendinitis, tendon tears, and other problems. Take the World Health Organization, for example. They estimate that in 2020, there were about a billion people around the world who were 60 or older. By 2050, that number is expected to more than double to over 2 billion! As the number of seniors grows, so does the need for medical care to help them stay healthy and mobile. This includes treatments for age-related tendon problems, which can help people maintain their quality of life and enjoy their golden years.
Tendon Repair Market Analysis
When it comes to fixing torn or damaged tendons, there's a range of products doctors use. These include implants, devices that anchor sutures, grafts, scaffolds, screws, and specialized materials to help tendons heal. Among these, suture anchor devices have become increasingly popular. In 2022 alone, these devices brought in over $705 million. They're designed to hold tendons securely in place during surgery, using a minimally invasive approach that means smaller cuts and less damage to surrounding tissue. This helps patients recover faster. What makes suture anchor devices so versatile is that they can be used for a wide variety of tendon injuries and conditions. They're known for their strong grip, which keeps tendons firmly attached during the healing process.
Furthermore, the field of suture anchor technology has witnessed significant advancements leading to the development of bioabsorbable anchors that gradually dissolve in the body over time. This feature eliminates the need for a second surgery to remove the anchors. Due to their ease of use and reliable performance, suture anchor devices have become the preferred choice for many orthopedic surgeons.
Based on application, the tendon repair market is segmented into rotator cuff repair, archilles tendinosis repair, cruciate ligament repairs, biceps tenodesis and others. The rotator cuff repair segment dominated the industry by accounting for over 33% industry share in the year 2022. Rotator cuff injuries are prevalent among individuals involved in sports and physical activities, resulting in a substantial demand for effective treatments.
The aging population also contributes to the segment's dominance, as the risk of rotator cuff injuries increases with age. Advancements in surgical techniques particularly minimally invasive approaches will further boost the popularity of rotator cuff repair procedures, providing faster recovery and improved patient satisfaction rate. The rise in sports-related injuries and growing awareness regarding the importance of timely treatment led to an increased number of patients seeking prompt medical attention will further stimulate the demand for rotator cuff repair.
Let's break down the tendon repair market. Depending on where people get their procedures done, it can be divided into places like hospitals, clinics, or same-day surgery centers. In 2022, hospitals and clinics took the biggest piece of the pie, with almost half the market share. That's because they're big, well-equipped places with lots of experts who can handle all kinds of tendon injuries, even the tricky ones. They've got strong connections with top doctors and have a good reputation for taking good care of their patients. That's why a lot of people go to hospitals and clinics for their tendon repairs. Plus, these facilities have high-tech equipment and can take care of you after your surgery, which makes people feel more comfortable and trust them. They're also usually pretty affordable and cost-efficient, which makes them a good choice for people who want reliable healthcare.
U.S. tendon repair market accounted for USD 836 million revenue size in 2022. Robust healthcare infrastructure including a vast network of hospitals and clinics specializing in orthopedic care ensures greater accessibility to tendon repair procedures for a large patient population. For instance, based on the 2021 report from the National Library of Medicine, approximately 3.5 million population under the age of 15 in the U.S. received medical care annually for injuries sustained during sports practice.
Moreover, the U.S. leads in medical technology and innovation, offering advanced surgical techniques and medical devices that attract patients seeking state-of-the-art treatments. Skilled orthopedic surgeons and medical professionals along with favorable reimbursement policies and growing awareness about timely treatment.
Tendon Repair Market Share
Some of the eminent market participants operating in the tendon repair market include
- Medical Device Business Services, Inc
- Integra LifeSciences
- Stryker
- CONMED Corporation
- Arthrex, Inc.
- Smith & Nephew
- MIMEDX
- TendoMed
- Aevumed
- BioPro, Inc.
- Alafair Biosciences
- CoNextions Inc
- Zimmer Biomet Holdings, Inc. among others.
Tendon Repair Industry News
- In January 2023, Zimmer Biomet Holdings, Inc. announced their plan to acquire Embody, Inc., a prominent medical device company specializing in soft tissue healing.
- In September 2021, Stryker launched the Citrelock Tendon Fixation Device System in order to broaden its trauma & extremities division. This device includes a tendon thread integrating Citregen for orthopedic surgical uses.
Tendon repair market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments
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By Product Type (USD Million)
- Implants
- Suture anchor devices
- Grafts
- Scaffolds
- Screws
- Tendons repair matrix
- Others
- Excision
By Application (USD Million)
- Rotator cuff repair
- Archilles tendinosis repair
- Cruciate ligament repairs
- Biceps tenodesis
- Others
By End-use (USD Million)
- Hospitals and clinics
- Ambulatory surgery centers
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Switzerland
- The Netherlands
- Denmark
- Poland
- Sweden
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- New Zealand
- Thailand
- Vietnam
- Indonesia
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Turkey
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