LONDON--(BUSINESS WIRE)--Global artificial ligaments and tendons market is poised to grow by USD 15.54 million during 2020-2024, progressing at a CAGR of more than 11% during the forecast period. Request free sample pages
Read the 137-page report with TOC on “Artificial Ligaments and Tendons Market Analysis Report by Geography (Asia, Europe, North America, and ROW), Application (Knee injuries, Shoulder injuries, Foot and ankle injuries, and Other injuries), and the Segment Forecasts, 2020-2024”.
The market is driven by the advantages of artificial ligaments over autografts and allografts. In addition, the growing interest in R&D of tissue-engineered ligaments is anticipated to boost the growth of the artificial ligaments and tendons market.
Artificial ligaments have high strength compared to autographs and allografts. The use of artificial ligaments eliminates adverse effects such as donor site morbidity and disease transmission, which normally results from the use of autographs and allografts. Moreover, they have lower complication rates and faster postoperative recovery benefits. Also, unlike autographs and allographs, the fixation methods used for artificial ligaments is resistant to slipping under cyclic loads. Many such advantages offered by artificial ligaments over autographs and allographs are driving the growth of the market.
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Major Five Artificial Ligaments and Tendons Companies:
Artelon
Artelon operates its business through the unified business segment. The company offers tendons and ligaments reconstruction products for foot and ankle, knee, and shoulder. Some of the key offerings of the company include FLEXBAND, FLEXBAND Plus, and FLEXPATCH.
Cousin-Biotech
Cousin-Biotech operates the business across various segments such as Spine, Visceral, Obesity, and Uro-Gynaecology. The company offers a wide range of artificial ligaments and tendons. NAJA and ResCUBE are some of the key offerings of the company.
FX Solutions
FX Solutions operates the business across segments such as Arthroplasty and Osteosynthesis. ACROLIG is one of the key offerings of the company, which is a synthetic acromioclavicular ligament specially designed for articular triplasty.
GROUP FH ORTHO
GROUP FH ORTHO operates the business across various segments such as Sport Surgery, Upper Limb, Bone Substitutes, Hip, Foot & Ankle, Knee, and Spine. Tenolig is one of the key offerings of the company, which is a percutaneous implant for acute Achilles tendon tears.
LARS
LARS operates the business through the Unified business segment. LARS Artificial Ligaments is one of the key offerings of the company. These are intended for the intra or extra-articular reconstruction of ruptured ligaments, designed to mimic the normal anatomic ligament fibers.
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Artificial Ligaments and Tendons Application Outlook (Revenue, USD Million, 2020 - 2024)
- Knee injuries
- Shoulder injuries
- Foot and ankle injuries
- Other injuries
Artificial Ligaments and Tendons Regional Outlook (Revenue, USD Million, 2020 - 2024)
- Asia
- Europe
- North America
- ROW
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