What are the Historical Developments and Current Growth Metrics of the Soft Tissue Repair Market?
The soft tissue repair market has seen considerable growth due to a variety of factors.
• In recent times, the market size for soft tissue repair has seen significant growth. The market is projected to expand from a valuation of $12.74 billion in 2024 to an estimation of $13.78 billion in 2025, with a compound annual growth rate (CAGR) of 8.2%.
The historical growth can be linked to the rise in sports-related injuries, an aging population together with degenerative diseases, increased spending in the healthcare sector, improved healthcare accessibility, and a heightened awareness and demand for cosmetic procedures.
What Does Future Hold for The Soft Tissue Repair Market Size?
The soft tissue repair market is expected to maintain its strong growth trajectory in upcoming years.
• The market for soft tissue repair is projected to experience robust growth in the coming years, with an estimated value of $17.2 billion in 2029 and a compound annual growth rate (CAGR) of 5.7%.
This projected growth can be attributed to factors such as the increased emphasis on patient education and rehabilitation, a growing elderly population and chronic diseases, the emergence of regenerative medicine and tissue engineering, rising healthcare expenditures, and the growth of medical tourism. Important trends during the forecast period encompass digitalization and artificial intelligence (AI), collaborations and partnerships, customized and 3D-printed implants, robot-assisted surgeries, and wearable health monitoring systems.
What Key Factors and Trends are Driving the Growth of the Soft Tissue Repair Market?
The soft tissue repair market experienced growth during the historic period, largely due to a surge in sport-related injuries. Soft tissue injuries, common in sports and exercise activities, are damage to tissues that support, encase, or connect other structures and organs of the body. The National Safety Council, a non-profit organization in the US, discovered that there was a 20% rise in reported sports and recreational injuries in 2021, following a record low in 2020. This trend continued with a further 12% increase in 2022. The organization also noted that in 2021, exercise equipment was responsible for approximately 409,000 injuries - the highest in any sports category. The second largest cause of injuries was bicycles and accessories, accounting for 375,797 injuries in the US. Consequently, the rising frequency of sport-related injuries fueled the expansion of the soft tissue repair market.
What are the Market Segments in the Soft Tissue Repair Market?
The soft tissue repair market covered in this report is segmented –
1) By Product: Fixation Devices, Tissue Patch or Mesh, Laparoscopic Instruments
2) By Application: Hernia Repair, Dural Repair, Skin Repair, Vaginal Sling Procedures, Orthopedic Repair, Dental Repair, Breast Reconstruction Repair
3) By End User: Hospitals, Clinics, Research and Academic Institutes, Other End Users
Subsegments:
1) By Fixation Devices: Suture Anchors, Tacks and Staples, Bioabsorbable Fixation Devices, Screws and Plates
2) By Tissue Patch or Mesh: Synthetic Mesh, Biological Mesh, Composite Mesh, Expandable Mesh
3) By Laparoscopic Instruments: Laparoscopic Graspers, Laparoscopic Scissors, Laparoscopic Needle Holders, Laparoscopic Trocars and Cannulas
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What Trends are Shaping the Soft Tissue Repair Market?
Big players in the soft tissue repair industry are emphasizing on forming strategic alliances to widen their product range. These strategic collaborations involve companies utilizing each other's unique capabilities and resources to attain shared success and advantages. For example, in August 2023, 3D Systems, an American company offering a wide array of products and services, including 3D printers, printing materials, software, manufacturing services on demand, and healthcare solutions, collaborated with Theradaptive to enhance orthopedic and soft tissue repair via innovative regenerative therapies. As per this agreement, Theradaptive's protein-based material-binding variants will coat 3D Systems' 3D printed medical equipment, fostering bone and tissue growth. Theradaptive is a biopharmaceutical enterprise aiming at developing novel therapies to improve the quality of life.
Who Are the Key Players in the Soft Tissue Repair Market?
Major companies operating in the soft tissue repair market include:
• Organogenesis Inc.
• Stryker Corporation
• Johnson & Johnson Pvt. Ltd.
• Arthrex Inc.
• CryoLife Inc.
• Integra Lifesciences Corporation.
• Wright Medical Technology Inc.
• Smith & Nephew plc.
• C.R. Bard Inc.
• Medtronic PLC.
• Zimmer Biomet Holdings Inc.
• Lifenet Health Inc
• Isto Biologics Company Inc.
• Covidien plc.
• Becton Dickinson and Company
• LifeCell Corporation
• Baxter Healthcare Corporation.
• Boston Scientific Corporation
• Acelity L.P. Inc.
• Artivion Inc.
• Medprin Biotech GmbH.
• Medline Industries Inc.
• Cook Group Inc.
• Ethicon US LLC
• RTI Surgical Inc.
• Tornier Inc.
• Atrium Medical Corporation.
• Coloplast Corp.
• ConvaTec Group Plc
• Endo International Plc
• Kinetic Concepts Inc.
• Mölnlycke Health Care AB
What are the Regional Insights into the Soft Tissue Repair Market?
North America was the largest region in the soft tissue repair market in 2024. Asia-Pacific region is predicted to record fastest growth over the forecast period. The regions covered in the soft tissue repair market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
