Cruciate Ligament Repair Procedures Market by Type and Geography - Forecast and Analysis 2022-2026

The cruciate ligament repair procedures market share is expected to reach an estimated USD 4.85 billion by 2026 at an accelerating CAGR of 8.81%.

This cruciate ligament repair procedures market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The cruciate ligament repair procedures market report also offers information on several market vendors, including Arthrex Inc., Bauerfeind USA Inc., Coastal Chiropractic, Conmed Corp., DJO Global Inc., Exactech Inc., Integra Lifesciences Holdings Corp., Johnson and Johnson, Mathys AG Bettlach, Miach Orthopaedics Inc., MicroPort Scientific Corp., Olympus Corp., Ossur hf., Ottobock SE and Co. KGaA, Smith and Nephew plc, Stryker Corp., Tissue Regenix Group Plc, United Orthopedic Corp., Xiros Ltd., and Zimmer Biomet Holdings Inc. among others.

This report extensively covers cruciate ligament repair procedures market segmentation by:

• Type - Anterior cruciate ligament repair and posterior cruciate ligament repair
• Geography - North America, Europe, Asia, and Rest of World (ROW)

What will the Cruciate Ligament Repair Procedures Market Size be During the Forecast Period?

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Who are the Major Cruciate Ligament Repair Procedures Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Arthrex Inc.
• Bauerfeind USA Inc.
• Coastal Chiropractic
• Conmed Corp.
• DJO Global Inc.
• Exactech Inc.
• Integra Lifesciences Holdings Corp.
• Johnson and Johnson
• Mathys AG Bettlach
• Miach Orthopaedics Inc.
• MicroPort Scientific Corp.
• Olympus Corp.
• Ossur hf.
• Ottobock SE and Co. KGaA
• Smith and Nephew plc
• Stryker Corp.
• Tissue Regenix Group Plc
• United Orthopedic Corp.
• Xiros Ltd.
• Zimmer Biomet Holdings Inc.

 

This statistical study of the cruciate ligament repair procedures market encompasses successful business strategies deployed by the key vendors. The cruciate ligament repair procedures market is fragmented and the vendors are deploying growth strategies such as focusing on R&D and strategic collaborations to compete in the market.

Product Insights and News

• arthrex.com -  The company offers Arthrex ACL reconstruction techniques which include hamstring or BTB graft harvest preparation, ACL RetroConstruction ot FlipCutter drill, or All Inside ACL reconstruction and FlipCutter drill medial portal femoral socket preparation, transtibial ACL reconstruction, ACL soft-tissue graft fixation, and ACL BTB graft fixation.

• arthrex.com - Under the unified segment, the company is involved in new product development and medical education in orthopedics.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The cruciate ligament repair procedures market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Cruciate Ligament Repair Procedures Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the cruciate ligament repair procedures market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Cruciate Ligament Repair Procedures Market?

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39% of the market's growth will originate from North America during the forecast period. The US is the key market for cruciate ligament repair procedures in North America. However, market growth in this region will be slower than the growth of the market in the European and Asian regions.

The growing adoption of cruciate ligament repair procedures, improved healthcare infrastructure, the high prevalence of knee diseases and related risk factors, and the increasing number of cruciate ligament repair procedures will facilitate the cruciate ligament repair procedures market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 led to a slight decline in the growth of the cruciate ligament repair procedures market in North America in 2020, owing to the temporary pause in the research of new drugs for cruciate ligament repair procedures and canceled nonurgent medical surgeries such as cruciate ligament repair procedures. However, resuming canceled and postponed cruciate ligament repair procedures and the fastened research programs of cruciate ligament repair procedures since Q4 2020 are expected to drive the growth of the regional MIF market during the forecast period.

What are the Revenue-generating Type Segments in the Cruciate Ligament Repair Procedures Market?

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The cruciate ligament repair procedures market share growth by the anterior cruciate ligament repair segment will be significant during the forecast period. The key players operating in the anterior cruciate ligament repair segment include Smith and Nephew Plc, Zimmer Biomet Holdings Inc., Conmed Corp., and Stryker Corp. Some of the key trends of the anterior cruciate ligament repair segment are the increasing prevalence of orthopedic disorders, launches and approvals of new products, collaborations, and mergers and acquisitions among key vendors. These key trends are expected to drive the growth of the anterior cruciate ligament repair segment during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the cruciate ligament repair procedures market size and actionable market insights on post COVID-19 impact on each segment.

Cruciate Ligament Repair Procedures Market: Key Drivers, Trends, and Challenges

The growing incidence of road accidents is notably driving the cruciate ligament repair procedures market growth, although factors such as the shortage of skilled orthopedic surgeons may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the cruciate ligament repair procedures industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Cruciate Ligament Repair Procedures Market Driver

One of the key factors driving growth in the cruciate ligament repair procedures market is the growing incidence of road accidents. Road safety has become a major concern as the number of road accidents is increasing globally. Road traffic injuries have become a priority in public health. During sudden acceleration or deceleration of a car, the passenger's knees can easily slam into the hard surfaces of the interiors of a car. Moreover, if a vehicle crumples during an accident, the occupant's knees could be forced into unnatural positions, putting significant strain on soft tissues such as tendons or ligaments or broken bones. Common knee injuries because of car accidents include injuries or tears of the posterior cruciate ligament, medial collateral ligament, and anterior cruciate ligament, cartilage injuries involving meniscus tear, and knee cap injuries involving dislocated patella and patella fracture. Rising road accidents are increasing the demand for cruciate ligament repair procedures to cope with knee injuries. This will contribute to the growth of the global cruciate ligament repair procedures market.

Key Cruciate Ligament Repair Procedures Market Trend

The lucrative opportunities in emerging economies is a cruciate ligament repair procedures market trend that is expected to have a positive impact in the coming years. Emerging economies demonstrate a huge growth potential for medical device manufacturers, owing to the increase in the demand for medical devices to serve the growing population, including the geriatric population. These emerging economies have an expanding middle-class population, which demands cost-effective healthcare products and services. The improving healthcare infrastructure in emerging markets has attracted the attention of global institutional investors. Although regional companies are making efforts to create innovative products at affordable prices using low-cost local materials, there is still a huge potential for capital investments by global investors in these developing markets. With the rise in disposable income and healthcare expenditure, the demand for medical devices is also likely to increase during the forecast period and will have a positive impact on the growth of the global cruciate ligament repair procedures market.

Key Cruciate Ligament Repair Procedures Market Challenge

The shortage of skilled orthopedic surgeons will be a major challenge for the cruciate ligament repair procedures market during the forecast period. The success rate of cruciate ligament repair procedures is highly dependent on the skills and experience of orthopedic surgeons. There is a significant shortage of orthopedic surgeons in several developing countries. One of the major reasons for this shortage is related to sub-specialization. Surgeons with an orthopedic subspecialty are reluctant to set up their practice in smaller cities, as the patient population is insufficient to justify the high investments. The declining reimbursement options for several major orthopedic procedures, including cruciate ligament repair procedures, is also deterring medical students from choosing orthopedics as their specialty. A significant number of orthopedic surgeons are also nearing retirement. Thus, all these factors will reduce the number of skilled orthopedic surgeons, which, in turn, will hamper the growth of the global cruciate ligament repair procedures market.

This cruciate ligament repair procedures market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global cruciate ligament repair procedures market as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the cruciate ligament repair procedures market during the forecast period.

Cruciate Ligament Repair Procedures Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 8.81%
Market growth 2022-2026	$ 4.85 billion
Market structure	Fragmented
YoY growth (%)	8.3
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 39%
Key consumer countries	US, Germany, UK, China, and Japan
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Arthrex Inc., Bauerfeind USA Inc., Coastal Chiropractic, Conmed Corp., DJO Global Inc., Exactech Inc., Integra Lifesciences Holdings Corp., Johnson and Johnson, Mathys AG Bettlach, Miach Orthopaedics Inc., MicroPort Scientific Corp., Olympus Corp., Ossur hf., Ottobock SE and Co. KGaA, Smith and Nephew plc, Stryker Corp., Tissue Regenix Group Plc, United Orthopedic Corp., Xiros Ltd., and Zimmer Biomet Holdings Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Cruciate Ligament Repair Procedures Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive cruciate ligament repair procedures market growth during the next five years
• Precise estimation of the cruciate ligament repair procedures market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the cruciate ligament repair procedures industry across North America, Europe, Asia, and Rest of World (ROW)
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of cruciate ligament repair procedures market vendors

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