Artificial Tendons and Ligaments Market
Artificial Tendons and Ligaments Market Overview
The report is titled as ‘Artificial Tendons and Ligaments Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the artificial tendons and ligaments market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The artificial tendons and ligaments market is expected to grow at a significant rate in the near future.
The artificial tendons and ligaments market in 2020 is estimated for more than US$ 18.3 Mn and expected to reach a value of US$ 53.0 Mn by 2028 with a significant CAGR of 14.2%.
Artificial Tendons and Ligaments Market Dynamics
Majorly, the injuries from sports and athletes drive the market growth; besides, the development in surgery techniques, increasing government initiatives to encourage sports and the development in the surgical processes will also result in enhancing the adoption of synthetic tendons, thereby augmenting the growth of the artificial tendons and ligaments market.
Growing awareness about the updated advanced surgical procedure and introduction of emerging treatments such as anterior cruciate ligament (ACL), active biosynthetic composite (ABC), along with the incidence of advanced growing penetration of hospitals in rural regions also anticipates the market growth.
The market also favors growth by the adoption of technological advancements for the invention of the hi-tech machine for risk-free surgeries with the increasing healthcare expenditure and rising medical tourism.
The benefits of artificial ligaments over autografts and allografts, advancements in knee substitution methodology, and the collaboration between market players, schools, and universities for the development of better artificial tendons and ligaments also propels the market growth. However, the accessibility of alternative procedures with high failure rates of surgeries, high cost, and unfavorable reimbursement scenarios hampers market growth.
Besides, the ongoing research activities and the market expansion in developing regions serve to create market opportunities. Whereas, the intense competition among the key players, lack of skilled and trained doctors, and the lack of evidence favoring the efficiency of artificial tendons and ligaments serve to be challenging factors declining the market growth.
Artificial Tendons and Ligaments Market Segmentation
The artificial tendons and ligaments market is segmented on the basis of application, end-use, and by region.
By Application:
• Knee Injuries
• Shoulder Injuries
• Foot and Ankle Injuries
• Others
By End-Use:
• Hospitals & Clinics
• Ambulatory Surgery Centers (ASC)
By Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East
• Africa
Artificial Tendons and Ligaments Market Competitive Landscape
Key players operating in the artificial tendons and ligaments market include
• Artelon
• Corin
• Cousin Biotech
• FH Orthopedics
• FX Solutions S.A.S.
• LARS
• Mathys AG
• Bettlach
• Neoligaments
• Orthomed S.A.S
• Shanghai Pine & Power Biotech Co., Ltd.
• Xiros Ltd.
Regional Segmentation
On the basis of region, the artificial tendons and ligaments market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
MMC Overview on Artificial Tendons and Ligaments Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the Artificial Tendons and Ligaments market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth include (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Artificial Tendons and Ligaments
• Advantages of Artificial Tendons and Ligaments
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at the regional level and in major countries globally for providing regional insights into the product segment in the report. This helps our clients to make informed decisions.
A mix of the top-down and bottom-up approach is followed to arrive at and validate our market value estimations. For a product segment wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates, and market expansion plans are considered to generate market share in the global market.
1. Global Artificial Tendons And Ligaments Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Artificial Tendons And Ligaments Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Artificial Tendons And Ligaments Market Snapshot
2.4. Global Artificial Tendons And Ligaments Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Artificial Tendons And Ligaments Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Artificial Tendons And Ligaments Market, By Application
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Application
3.1.2. BPS Analysis, By Application
3.2. Market Revenue (US$Mn) Forecast, By Application
3.2.1. Knee Injuries
3.2.2. Shoulder Injuries
3.2.3. Foot and Ankle Injuries
3.2.4. Others
3.3. Global Artificial Tendons And Ligaments Market Attractiveness Index, By Application
4. Global Artificial Tendons And Ligaments Market, By End-use
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By End-use
4.1.2. BPS Analysis, By End-use
4.2. Market Revenue (US$Mn) Forecast, By End-use
4.2.1. Hospitals & Clinics
4.2.2. Ambulatory Surgery Centers (ASC)
4.3. Global Artificial Tendons And Ligaments Market Attractiveness Index, By End-use
5. Global Artificial Tendons And Ligaments Market, By Region
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Region
5.1.2. BPS Analysis, By Region
5.2. Market Revenue (US$Mn) Forecast, By Region
5.2.1. North America
5.2.2. Latin America
5.2.3. Europe
5.2.4. Asia Pacific
5.2.5. Middle East
5.2.6. Africa
5.3. Global Artificial Tendons And Ligaments Market Attractiveness Index, By Region
6. North America Artificial Tendons And Ligaments Market Analysis and Forecast, 2020–2028
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Country
6.1.2. BPS Analysis, By Country
6.2. Market Revenue (US$Mn) Forecast, By Country
6.2.1. U.S. Artificial Tendons And Ligaments Market
6.2.2. Canada Artificial Tendons And Ligaments Market
6.3. North America Artificial Tendons And Ligaments Market, By Application
6.3.1. Knee Injuries
6.3.2. Shoulder Injuries
6.3.3. Foot and Ankle Injuries
6.3.4. Others
6.4. North America Artificial Tendons And Ligaments Market, By End-use
6.4.1. Hospitals & Clinics
6.4.2. Ambulatory Surgery Centres (ASC)
6.5. North America Artificial Tendons And Ligaments Market Attractiveness Index
6.5.1. By Country
6.5.2. By End-use
6.5.3. By Application
7. Latin America Artificial Tendons And Ligaments Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market (US$Mn) Forecast, By Country
7.2.1. Brazil Artificial Tendons And Ligaments Market
7.2.2. Mexico Artificial Tendons And Ligaments Market
7.2.3. Argentina Artificial Tendons And Ligaments Market
7.2.4. Rest of Latin America Artificial Tendons And Ligaments Market
7.3. Latin America Artificial Tendons And Ligaments Market, By Application
7.3.1. Knee Injuries
7.3.2. Shoulder Injuries
7.3.3. Foot and Ankle Injuries
7.3.4. Others
7.4. Latin America Artificial Tendons And Ligaments Market, By End-use
7.4.1. Hospitals & Clinics
7.4.2. Ambulatory Surgery Centres (ASC)
7.5. Latin America Artificial Tendons And Ligaments Market Attractiveness Index
7.5.1. By Country
7.5.2. By End-use
7.5.3. By Application
8. Europe Artificial Tendons And Ligaments Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. U.K. Artificial Tendons And Ligaments Market
8.2.2. Germany Artificial Tendons And Ligaments Market
8.2.3. Italy Artificial Tendons And Ligaments Market
8.2.4. France Artificial Tendons And Ligaments Market
8.2.5. Spain Artificial Tendons And Ligaments Market
8.2.6. Russia Artificial Tendons And Ligaments Market
8.2.7. Poland Artificial Tendons And Ligaments Market
8.2.8. BENELUX Artificial Tendons And Ligaments Market
8.2.9. NORDIC Artificial Tendons And Ligaments Market
8.2.10. Rest of Europe Artificial Tendons And Ligaments Market
8.3. Europe Artificial Tendons And Ligaments Market, By Application
8.3.1. Knee Injuries
8.3.2. Shoulder Injuries
8.3.3. Foot and Ankle Injuries
8.3.4. Others
8.4. Europe Artificial Tendons And Ligaments Market, By End-use
8.4.1. Hospitals & Clinics
8.4.2. Ambulatory Surgery Centres (ASC)
8.5. Europe Artificial Tendons And Ligaments Market Attractiveness Index
8.5.1. By Country
8.5.2. By End-use
8.5.3. By Application
9. Asia Pacific Artificial Tendons And Ligaments Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. China Artificial Tendons And Ligaments Market
9.2.2. India Artificial Tendons And Ligaments Market
9.2.3. Japan Artificial Tendons And Ligaments Market
9.2.4. Australia and New Zealand Artificial Tendons And Ligaments Market
9.2.5. South Korea Artificial Tendons And Ligaments Market
9.2.6. ASEAN Artificial Tendons And Ligaments Market
9.2.7. Rest of Asia Pacific Artificial Tendons And Ligaments Market
9.3. Asia Pacific Artificial Tendons And Ligaments Market, By Application
9.3.1. Knee Injuries
9.3.2. Shoulder Injuries
9.3.3. Foot and Ankle Injuries
9.3.4. Others
9.4. Asia Pacific Artificial Tendons And Ligaments Market, By End-use
9.4.1. Hospitals & Clinics
9.4.2. Ambulatory Surgery Centres (ASC)
9.5. Asia Pacific Artificial Tendons And Ligaments Market Attractiveness Index
9.5.1. By Country
9.5.2. By End-use
9.5.3. By Application
10. Middle East Artificial Tendons And Ligaments Market, By Region
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. GCC Countries Artificial Tendons And Ligaments Market
10.2.2. Israel Artificial Tendons And Ligaments Market
10.2.3. Oman Artificial Tendons And Ligaments Market
10.2.4. Rest of Middle East Artificial Tendons And Ligaments Market
10.3. Middle East Artificial Tendons And Ligaments Market, By Application
10.3.1. Knee Injuries
10.3.2. Shoulder Injuries
10.3.3. Foot and Ankle Injuries
10.3.4. Others
10.4. Middle East Artificial Tendons And Ligaments Market, By End-use
10.4.1. Hospitals & Clinics
10.4.2. Ambulatory Surgery Centres (ASC)
10.5. Middle East Artificial Tendons And Ligaments Market Attractiveness Index
10.5.1. By Country
10.5.2. By End-use
10.5.3. By Application
11. Africa Artificial Tendons And Ligaments Market, By Region
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. South Africa Artificial Tendons And Ligaments Market
11.2.2. Egypt Artificial Tendons And Ligaments Market
11.2.3. North Africa Artificial Tendons And Ligaments Market
11.2.4. Rest of Africa Artificial Tendons And Ligaments Market
11.3. Africa Artificial Tendons And Ligaments Market, By Application
11.3.1. Knee Injuries
11.3.2. Shoulder Injuries
11.3.3. Foot and Ankle Injuries
11.3.4. Others
11.4. Africa Artificial Tendons And Ligaments Market, By End-use
11.4.1. Hospitals & Clinics
11.4.2. Ambulatory Surgery Centres (ASC)
11.5. Africa Artificial Tendons And Ligaments Market Attractiveness Index
11.5.1. By Country
11.5.2. By End-use
11.5.3. By Application
12. Recommendation
12.1. Market Strategy
13. Competitive Landscape
13.1. Competition Dashboard
13.2. List and Company Overview of Global Key Players
13.3. Company Profiles
13.3.1. Artelon
13.3.1.1. Company Overview
13.3.1.2. Financial Overview
13.3.1.3. Product Portfolio
13.3.1.4. Key Developments
13.3.1.5. Business Strategies
13.3.2. Corin
13.3.3. Cousin Biotech
13.3.4. FH Orthopedics
13.3.5. FX Solutions S.A.S.
13.3.6. LARS
13.3.7. Mathys AG Bettlach
13.3.8. Neoligaments
13.3.9. Orthomed S.A.S
13.3.10. Shanghai Pine & Power Biotech Co., Ltd.
13.3.11. Xiros Ltd.
14. Acronyms