Soft Tissue Repair Market Poised to Grow at a CAGR of 7.6% by 2024

Soft Tissue Repair Market Poised to Grow at a CAGR of 7.6% by 2024


Infinium Global Research has added a new report on Soft Tissue Repair Market. The report presents analysis of global as well as regional markets of soft tissue repair market over the period of 2016 to 2024.

Key factors responsible for driving growth in soft tissue repair market includes, increasing participation in sports activities, rising Incidence of Soft Tissue Injuries due to road accidents and Increasing Aging Population and Obesity Rate which in turn, increase the chances of soft tissue injuries. Also, increase in healthcare expenditure and lack of substitutes to augment the market growth .Furthermore the growing number of specialized physicians in soft tissue repair also boosts the demand for soft tissue repair market. However limited or lack of reimbursement facilities hinders the market growth. Improved Reimbursement policies to create lucrative opportunities for soft tissue repair market. Also, increasing awareness concerning soft tissue repair techniques and growing investments potential in emerging market will further create growth opportunities.

 

North America dominates the soft tissue repair market in 2017 while Europe is the second largest region. U.S drives the North America soft tissue repair market, owing to presence of key players in this region, favorable reimbursement policies for tissue reconstruction and presence of specialized physicians of soft tissue repair. Asia pacific region is exhibited to grow at the fastest CAGR during the forecast period. Factors such as growing medical tourism, increase in healthcare expenditure and rising awareness are anticipated to boost the Asia pacific region market.

 

The soft tissue repair market is highly competitive and moderately concentrated with few major companies accounting for the major revenue. The companies here are focusing on expanding soft tissue repair applications.

Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global soft tissue repair market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global soft tissue repair market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/1356

 

The recent report identified that North America dominated the global soft tissue repair market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the soft tissue repair market worldwide.

 

The report segments the global soft tissue repair market on the basis of Product Type and Application.

 

Global Soft Tissue Repair Market by Product Type

·         Fixation Product

·         Mesh Patch

·         Laparoscopic Instruments

 

Global Soft Tissue Repair Market by Application

·         Skin Repair

·         Hernia Repair

·         Orthopedic

·         Vaginal Sling Repair

·         Dental & Breast Reconstruction Repair

 

Companies Profiled in the Report

·         C.R Bard, Inc.

·         Smith & Nephew plc

·         Wright Medical Group, Inc.

·         Lifecell Corporation

·         Ethicon US, LLC.

·         Arthrex, Inc.

·         Lifenet Health, Inc.

·         Medtronic plc

·         Integra Lifesciences Corporation

·         American Medical Systems Inc.

 

About Infinium Global Research

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