DUBLIN--(BUSINESS WIRE)--The "Artificial
Ligaments and Tendons Market - Forecasts from 2018 to 2023"
report has been added to ResearchAndMarkets.com's
offering.
The artificial ligaments and tendons market was valued at US$17.310
million in 2017 and is projected to expand at a CAGR of 15.25% over the
forecast period to reach US$40.564 million by 2023.
Ligaments and tendons are bands or sheets of fibrous connective tissue
that provide support and stability to the musculoskeletal system.
Artificial ligaments possessed comparable efficacy to, and fewer
postoperative complications than, allografts and autografts in ligament
reconstruction, especially for the anterior cruciate ligament.
Increasing incidences of sports injuries are a key driving factor
driving the artificial tendons and ligaments market growth. The injury
often ruptures the anterior cruciate ligament (ACL) that does not heal
after being torn. Due to advancing technology, artificial ligaments are
revolutionizing the ACL repair and thus positively impacting the market
growth.
The market is expected to grow at a fast pace owing to the rising
adoption of advanced technologies in the healthcare sector, rising
disposable income of people across the globe and increasing research and
development activities in this field. However, the high cost of surgery
can hamper the market growth to an extent.
Major industry players profiled as part of the report are Orthomed,
Orthocell Ltd., and Neoligaments among others.
Segmentation:
By Application
-
Shoulder Injury
-
Knee and ankle Injury
-
Others
By End-User
-
Hospitals and clinics
-
Ambulatory care centers
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Key Findings of the Study
4. Market Dynamics
5. Artificial Ligaments and Tendons Market Forecast by Application
6. Artificial Ligaments and Tendons Market Forecast by End-user
7. Artificial Ligaments and Tendons Market Forecast by Geography
8. Competitive intelligence
9. Company profiles
-
Orthomed
-
Orthocell Ltd
-
Neoligaments
-
Cousin Biotech
-
Shanghai PINE & POWER Biotech Co., Ltd.
-
The Corinium Centre
-
FX SOLUTIONS