Orthopedic Soft Tissue Repair Market is Expected to Reach USD 8.5 Billion Globally in 2019: Transparency Market Research

  Orthopedic Soft Tissue Repair Market is Expected to Reach USD 8.5 Billion
                Globally in 2019: Transparency Market Research

  PR Newswire

  ALBANY, New York, March 25, 2014

ALBANY, New York, March 25, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research
"Orthopedic Soft Tissue Repair Market (Surgical Procedures - ACL/PCL
Reconstruction, Meniscal Repair, Rotator Cuff Repair, Hip Arthroscopy, Biceps
Tenodesis and Shoulder Labrum Repair) - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2013 - 2019," the global orthopedic soft tissue
repair market was valued at USD 5.6 billion in 2013 and is expected to grow at
a CAGR of 7.2% from 2013 to 2019, to reach an estimated value of USD 8.5
billion in 2019.

Globally, rise in aging population is playing a major role in increasing the
incidence of sports injuries as aging diminishes body functions and movements
which makes the body more prone to injuries. As a result, the market for
orthopedic soft tissue repair is expected to grow at a CAGR of about 7.2%
during 2013 - 2019.

Browse Global Orthopedic   Soft   Tissue   Repair   Market Report with
Full TOC at
http://www.transparencymarketresearch.com/soft-tissue-repair-sports-medicine.html

Some of the key driving factors for the orthopedic soft tissue repair market
are aging population, increased obesity rate, introduction of new medicine
technologies, high incidence rate of soft tissue damage and sports injuries,
increasing healthcare expenditure and lack of substitutes for soft tissue
repair surgery. However, the market faces some restraints such as lack of
awareness among people about orthopedic soft tissue repair, rising cost of
surgical procedures and limited reimbursements by insurers for orthopedic
sports based injuries. The orthopedic soft tissue repair market is also
witnessing shift from metallic to bio absorbable (non-metallic) anchor
devices. Rising popularity of robot-assisted surgeries over traditional
surgical methods and geographic expansion by leading players in developing
countries are major trends in the market.

North America, including the U.S. has the largest orthopedic soft tissue
repair market and Asia is the fastest growing market for orthopedic soft
tissue repair. Some of the fastest growing markets for orthopedic soft tissue
repair are China, India and Japan. Participation in sports activities is
constantly on the rise, which is resulting in high incidence of orthopedic
sports injuries. For instance, in August 2013, USA Today, a news and
information company reported that more than 1.35 million youngsters face
severe sports injuries in the U.S. every year. Similarly, according to the
European Injury Database (EU IDB) catalogue, annually on an average 6.1
million people in the European Union are treated in hospitals for sports
injuries.

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ACL/PCL reconstruction is the largest practiced procedure in the orthopedic
soft tissue repair market and it is expected to grow at a CAGR of about 8.3%
during 2013 - 2019. Some of the other major procedures for orthopedic soft
tissue repair are Meniscal Repair, Hip Arthroscopy, Rotator Cuff, Shoulder
Labrum and Biceps Tenodesis. Globally, majority of knee injury incidences are
reported during sports followed by shoulder and hip injuries. Aging is
considered as one of the main factors which causes rise in orthopedic soft
tissue injuries including knee injuries. Aging causes weakening of bones, loss
of proper bodily functions, decreased movements and flexibility leading to
more cases of knee injury.

Smith & Nephew plc is the leading player in the orthopedic soft tissue repair
market. Other major players include ArthroCare Corporation, LifeNet Health
Inc. and AlloSource.

The global orthopedic soft tissue repair market is segmented as follows:

Orthopedic   Soft   Tissue   Repair   Market,   By   Surgical  
Procedures

  *ACL/Reconstruction
  *Meniscal Repair
  *Rotator Cuff Repair
  *Shoulder Labrum
  *Hip Arthroscopy
  *Biceps Tenodesis

Browse Global Orthopedic   Soft   Tissue   Repair   Market Report with
Full TOC at
http://www.transparencymarketresearch.com/soft-tissue-repair-sports-medicine.html

Orthopedic   Soft   Tissue   Repair   Market,   By   Injury  
Location

  *Knee
  *Shoulder
  *Hip

Orthopedic   Soft   Tissue   Repair   Market,   by   Geography

  *North America

       *US

  *Asia Pacific

       *Japan
       *China
       *India

  *Europe

       *UK
       *Germany
       *France

  *Rest of the World (RoW)

Browse all Medical   Devices   Market   Research   Reports @
http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

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