DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ttkcrk/orthopedic_soft) has announced the addition of the "Orthopedic Soft Tissue Repair Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering.
Orthopedic soft tissue repair is a branch of medicine that deals with the diagnosis, treatment, and prevention of injuries and illnesses resulting from sports, exercise, aging, soft tissue damage and recreational activities. Globally, increase in aging population is playing a major role in increasing the incidence of sports injuries as aging diminishes body functions and movements which makes the body more prone to injuries. As a result, this market is expected to grow at a CAGR of about 7.2% during 2013 - 2019.
Some of the key driving factors for the orthopedic soft tissue repair market are aging population, increased obesity rate, introduction of new medicine technologies, high incidence rate of soft tissue damage and sports injuries, increasing healthcare expenditure and lack of substitute for soft tissue repair surgery. However, the market faces some restraints such as lack of awareness among people about orthopedic soft tissue repair, rising cost of surgical procedures and limited reimbursements by insurers for orthopedic sports based injuries.
The orthopedic soft tissue repair market is also witnessing shift from metallic to bio absorbable (non-metallic) anchor devices. Rising popularity of robot-assisted surgeries over traditional surgical methods and geographic expansion by leading players in developing countries are major trends in the market.
ACL/PCL reconstruction is the largest practiced procedure in the orthopedic soft tissue repair market and it is expected to grow at a CAGR of about 8.3% during 2013 - 2019. Some of the other major procedures for orthopedic soft tissue repair are Meniscal Repair, Hip Arthroscopy, Rotator Cuff, Shoulder Labrum and Biceps Tenodesis Globally, majority of knee injury incidences are reported during sports followed by shoulder and hip injuries. Aging is considered as one of the main factors which causes rise in orthopedic soft tissue injuries including knee injuries. Aging causes weakening of bones, loss of proper bodily functions, decreased movements and flexibility leading to more cases of knee injury. Smith & Nephew plc is the leading player in the orthopedic soft tissue repair market. Other major players include ArthroCare Corporation, LifeNet Health Inc., AlloSource and others.
- ACL/PCL Reconstruction
- Meniscal Repair
- Rotator Cuff Repair
- Hip Arthroscopy
- Shoulder Labrum Repair
Key Topics Covered:
- Executive Summary
- Orthopedic Soft Tissue Repair- Industry Analysis
- Market Trends
- Porter's Five Force Analysis
- Market segmentation based on surgical procedures
- Market segmentation based on injury location
- Market segmentation based on geography
- Competitive Benchmarking and Recent Developments
- Arthrex Inc.
- ArthroCare Corporation
- Biomet Inc.
- Cayenne Medical
- Conmed Corporation
- DePuy Synthes
- LifeNet Health Inc.
- Smith & Nephew plc
- Stryker Corporation
For more information visit http://www.researchandmarkets.com/research/ttkcrk/orthopedic_soft