The suture anchor market has the potential to grow by USD 175.49 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.62%.
This suture anchor market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The increasing sports participation leading to increasing sports injuries is notably driving the suture anchor market growth, although factors such as the high cost of orthopedic surgery may impede market growth.
This report provides extensive insights on segmentation by type (knotted and knotless), material (biocomposite, PEEK, metallic, bioabsorbable, and others), and geography (North America, Europe, Asia, and ROW). The suture anchor market report also offers information on several market vendors, including Arthrex Inc., CONMED Corp., Johnson & Johnson, MedShape Inc., Orthopaedic Implant Co., Orthomed, Smith & Nephew plc, Stryker Corp., TEKNIMED, and Zimmer Biomet Holdings Inc. among others.
What will the Suture Anchor Market Size be in 2021?
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Suture Anchor Market: Key Drivers and Trends
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This suture anchor 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 detailed insights on market drivers, trends, and challenges will help companies evaluate and develop growth strategies.
Who are the Major Suture Anchor Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Arthrex Inc.
- CONMED Corp.
- Johnson & Johnson
- MedShape Inc.
- Orthopaedic Implant Co.
- Orthomed
- Smith & Nephew plc
- Stryker Corp.
- TEKNIMED
- Zimmer Biomet Holdings Inc.
The suture anchor market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. 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 suture anchor market forecast report offers insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Suture Anchor Market?
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41% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for suture anchors in North America. However, market growth in this region will be slower than the growth of the market in Asia.
The increasing number of rotator cuff repairs, joint replacements, and other surgeries, and the presence of prominent vendors will facilitate the suture anchor market growth in North America over the forecast period.
What are the Revenue-generating Material Segments in the Suture Anchor Market?
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The wide availability of biocomposite suture anchors is one of the significant factors driving the growth of the suture anchor market in the biocomposite segment. Hence, the growth of the market segment will exhibit a fast growth rate during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the suture anchor market size.
What are the Key Factors Covered in this Suture Anchor Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive suture anchor market growth during the next five years
- Precise estimation of the suture anchor market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the suture anchor 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 suture anchor market vendors
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Suture Anchor Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
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Market growth 2021-2025 |
USD 175.49 million |
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Market structure |
Fragmented |
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YoY growth (%) |
2.59 |
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Regional analysis |
North America, Europe, Asia, and ROW |
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Performing market contribution |
North America at 41% |
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Key consumer countries |
US, Germany, China, France, and Japan |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Arthrex Inc., CONMED Corp., Johnson & Johnson, MedShape Inc., Orthopaedic Implant Co., Orthomed, Smith & Nephew plc, Stryker Corp., TEKNIMED, and Zimmer Biomet Holdings Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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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. |