Increasing base of target population, increasing incidence of sports-related injuries, rising awareness in emerging nations, increasing demand for minimally invasive medical procedures are the key factors contributing to high CAGR of Orthopedic Soft Tissue Repair during the forecast period.

Market Size – USD 6546.2 Million in 2018, Market Growth - CAGR of 5.7%, Market Trends – Advancement in technology for orthopedic soft tissue repair

According to the current analysis of Reports and Data, the global Orthopedic Soft Tissue Repair market was valued at USD 6546.2 Million in 2018 and is expected to reach USD 10208.1 Million by the year 2026, at a CAGR of 5.7%.

A soft tissue injury is a type of damage to ligament, muscles, shoulders, and knee. A soft tissue injury generally occurs from a sprain, strain, or continuous use of a particular part of the body. The injury can result in swelling, pain, and loss of function. The orthopedic soft tissue repair procedure is carried out to cure soft tissue injury. Soft tissue injury can be easily diagnosed using magnetic resonance imaging (MRI). These devices are used for closed technique treatments of worn or injured joints. The majority of such treatments are performed on knee and shoulder joints, although there is an increasing interest among the surgical community in hip and small joint arthroscopy.

The growth of orthopedic soft tissue repair market is mainly attributed to an increase in the cases of sports-associated injuries across prime age-groups. Additionally, the growing incidence of musculoskeletal conditions such as arthritis in the geriatric population and increasing obese population also contribute to the growth of orthopedic soft tissue repair market. Easy and prompt availability of innovative surgical products will also lead to a high demand for orthopedic soft tissue repair procedures in the global market. Procedures such as rotator cuff repair are expected to gain significant traction during the forecast period. High incidence of musculoskeletal injuries and greater awareness about the availability of novel treatment solutions in the region contributes to the dominance of North America. Additionally, existence of large potential patient pool, significant geriatric population and widespread untapped opportunities make Asia Pacific the most lucrative market for investment. On the other hand, the high cost of such procedures, limited reimbursements, and availability of non-surgical alternatives may restrain the growth of global orthopedic soft tissue repair market. One of the major trends witnessed in the global orthopedic soft tissue repair market is strategic partnerships and rapid commercialization of innovative surgical solutions among market players. For instance, in August 2015, Stryker acquired Mako Surgical Corp for total knee construction and total hip replacement robotic products.

To identify the key trends in the industry, click on the link below:

Further key findings from the report suggest

Segments covered in the report:

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2016 to 2026. For the purpose of this study, Reports and Data have segmented the Orthopedic Soft Tissue Repair market on the basis of procedure type, injury type, and region:

Procedure (Revenue, USD Million; 2016–2026)

Injury Location (Revenue, USD Million; 2016–2026)

Regional Outlook (Revenue in USD Million; 2016–2026)