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Soft Tissue Repair Market by Product and Geography - Forecast and Analysis 2020-2024

  • Published: Aug 2020
  • Pages: 120
  • SKU: IRTNTR44580
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The soft tissue repair market size has the potential to grow by USD 10.44 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by product (soft tissue fixation devices and accessories, cell therapy, and tissue scaffold) and geography (North America, Europe, Asia, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including 3M Co., Arthrex Inc., Baxter International Inc., Bristol-Myers Squibb Co., CONMED Corp., CryoLife Inc., Integra LifeSciences Corp., Johnson & Johnson, Medtronic Plc, and Stryker Corp.

Market Overview

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Market Competitive Analysis

The market is concentrated. 3M Co., Arthrex Inc., Baxter International Inc., Bristol-Myers Squibb Co., CONMED Corp., CryoLife Inc., Integra LifeSciences Corp., Johnson & Johnson, Medtronic Plc, and Stryker Corp. are some of the major market participants. Factors such as rising incidence of accidental injuries, rise in strategic partnerships for distribution of products, and reimbursement for soft tissue repair products will offer immense growth opportunities. However, high cost of clinical trials and failure rate in clinical trials, complications associated with soft tissue repair products, and stringent regulatory impeding product approvals may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this soft tissue repair market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this soft tissue repair market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • 3M Co.
  • Arthrex Inc.
  • Baxter International Inc.
  • Bristol-Myers Squibb Co.
  • CONMED Corp.
  • CryoLife Inc.
  • Integra LifeSciences Corp.
  • Johnson & Johnson
  • Medtronic Plc
  • Stryker Corp.

Soft Tissue Repair Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. The growing demand for gene therapy, the increasing strategic alliances, and the development of novel products will significantly influence soft tissue repair market's growth in this region.

35% of the market’s growth will originate from North America during the forecast period. The US is a key market for soft tissue repair solutions in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the soft tissue repair market size.

Soft Tissue Repair Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will soft tissue repair market growth during the next five years
  • Precise estimation of the soft tissue repair market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the soft tissue repair industry across North America, Europe, Asia, and 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 soft tissue repair market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Soft tissue fixation devices and accessories - Market size and forecast 2019-2024
  • Cell therapy - Market size and forecast 2019-2024
  • Tissue scaffold - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Application

  • Market segments

Market Segmentation by End-user

  • Market segments

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • Asia - Market size and forecast 2019-2024
  • ROW - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • 3M Co.
  • Arthrex Inc.
  • Baxter International Inc.
  • Bristol-Myers Squibb Co.
  • CONMED Corp.
  • CryoLife Inc.
  • Integra LifeSciences Corp.
  • Johnson & Johnson
  • Medtronic Plc
  • Stryker Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The soft tissue repair market growth will increase by $10.44 billion during 2019-2024.
The soft tissue repair market is expected to grow at a CAGR of 11.36% during 2019-2024.
Technavio has segmented the soft tissue repair market by product (Soft tissue fixation devices and accessories, Cell therapy, and Tissue scaffold) and geographic (North America, Europe, Asia, and ROW).
3M Co., Arthrex Inc., Baxter International Inc., Bristol-Myers Squibb Co., CONMED Corp., CryoLife Inc., Integra LifeSciences Corp., Johnson & Johnson, Medtronic Plc, Stryker Corp. are a few of the key vendors in the soft tissue repair market.
North America will register the highest growth rate of 35.25% among the other regions. Therefore, the soft tissue repair market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the soft tissue repair market growth are:
  • Rising incidence of accidental injuries
  • Growing demand for gene therapy
The soft tissue repair market vendors should focus on grabbing business opportunities from the soft tissue fixation devices and accessories segment as it accounted for the largest market share in the base year.
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