According to rankings provided by World's Best Specialized Hospitals in 2021, the United States has been placed at first position for serving people with excellent orthopedic facilities in their country.
Increase in Incidences of Tendon Injuries
According to the study conducted by Medical Systems, Inc. (MSI) on rotator cuff injuries in 2018, it has been observed that out of 683 people (229 males and 454 females) ranging from 22-87 years of age, 20.7% of the study participants had a rotator cuff tear, and the frequency increased by age. Moreover, 36% of people had a rotator cuff tear with symptoms and 16.9% of them had a rotator cuff tear which were asymptomatic.
Growing engagement of people with various kind of sports is thereby increasing the demand of tendon repair surgeries in the country which is further expected to drive the growth of the market. Rise in instances of road accidents in the country is leading to the rise in demand of tendon repair surgeries in the United States. During a road accident, sudden and forceful movements, impacts, or collisions can place excessive strain on the tendons which may result in severe injuries.
According to the statistics provided by Forbes Advisor on car accidents, it has been observed that around 5,579 motorcyclists got injured in fatal motor vehicle accidents in 2023, followed by 6,516 pedestrians, 19,519 drivers, and 5,966 passengers.
Development in Healthcare Infrastructure
According to American Hospital Association, there are around 6,129 hospitals in United States which provides with various high-quality services to the patients such as orthopedic outpatient clinics, orthopedic inpatients wards, operation theatres, diagnostic imaging, rehabilitation services, orthotics and prosthetics, pain management services, and others.
Several techniques can be utilized for performing tendon repair surgery depending on specific requirement of the injury, the location of the tendon, and the surgeon’s expertise. Some of the commonly employed techniques for tendon repair surgeries include direct repair, end-to-end repair, tendon grafting, tendon transfer, augmentation techniques, and arthroscopic techniques. Moreover, presence of around 22,965 orthopedic surgeons in the country who are skilled in performing major tendon repair surgeries are further expected to register a lucrative growth of the United States tendon repair market in upcoming years.
Rise in Geriatric Population
According to the report published by the United States Census Bureau in 2023, it has been observed that around 23.4% people in the United States are above 60 years of age, followed by 20.7% of people aged above 62 years, 16.8% of people above 65 years, 6.7% of people above 75 years of age, and so on.
One of the key trends in the United States tendon repair market is the increasing adoption of biological scaffolds. A biological scaffold is an artificial tissue used to support the regeneration of damaged tissues. These are made of natural or synthetic materials and are intended to temporarily support the healing process. Biological scaffolds are increasingly used in tendon repair procedures as they provide a more natural environment for tissue regeneration. Another major trend in the United States tendon repair market is the growing preference for minimally invasive surgery. Minimally invasive surgery is a type of surgery performed through small incisions. This results in shorter hospital stays, less pain, and faster recovery. Minimally invasive tendon repair procedures are gaining popularity as they offer a number of benefits over traditional open surgery.
Recent Developments
- In 2018, Integra LifeSciences Holdings Corporation acquired the tendon and ligament portfolio of Tornier N.V., a global medical device company specializing in extremities and biologics, which included several products for soft tissue repair and reconstruction.
Market Segmentation
The United States Tendon repair market is segmented based on product, ventilation mode/interphase, region, and company. In terms of product, the United States tendon repair market is categorized into rotator cuff repair, achilles tendinosis repair, cruciate ligament repair, biceps tenodesis, and others. Based on ventilation mode/interphase, the United States tendon repair market is divided into Implants, Suture Anchor Devices, Grafts, Matrix/Scaffolds, Screws, and Others. Further, Matrix/Scaffolds is sub-segmented into tendon repair and tendon protection matrix/scaffolds). Based on region, the market is segmented into North-East, Mid-West, South, and West.
Market Players
Stryker Corporation, Arthrex Inc., CONMED Corporation, Integra Lifesciences Corporation, Smith & Nephew plc., TendoMend Ltd., Alafair Biosciences, Inc., and MiMedx Group Inc. are some of the key players in the United States tendon repair market.
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2018 – 2028F |
Quantitative Units | Revenue in USD Million, Volume in tons and CAGR for 2018-2022 and 2023-2028 |
Report coverage | Revenue forecast, Volume forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | Product Ventilation Mode/Interphase |
Regional scope | North-East, Mid-West, South, West |
Key companies profiled | Stryker Corporation, Arthrex Inc., CONMED Corporation, Integra Lifesciences Corporation, Smith & Nephew plc., TendoMend Ltd., Alafair Biosciences, Inc., MiMedx Group Inc. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |