Cruciate Ligament Repair Procedures Market Key Players, Overview, Competitive Breakdown and Regional Forecast

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Data Bridge Market Research analyses that the cruciate ligament repair procedures market which is USD 12186.87 billion in 2022, is expected to reach USD 23406.15 billion by 2030, at a CAGR of 8.5% during the forecast period 2023 to 2030

The premium Cruciate Ligament Repair Procedures Market research report is an essential component of organizing corporate goals or objectives. It is a methodical way to compile and record data on the market, industry, or future clients related to Cruciate Ligament Repair Procedures Market. The creation of the title page, the attachment of a table of contents, editing it in the executive summary, writing the introduction, writing the qualitative research and survey research segment, summarizing the types of data used in drawing conclusions, disseminating research findings, and concluding with a call to action by the reader are the steps that go into creating this report.

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The market is expanding at an exponential rate due to an increase in sports-related knee injuries and an increase in demand for minimally invasive procedures. Knee injuries are among the most common types of musculoskeletal injuries, particularly among athletes. Increased participation in sports activities has increased the number of various injuries among athletes, driving the number of knee surgeries performed globally. According to our estimates, nearly 2.5 million knee reconstruction surgeries were performed in 2018, and this figure is expected to rise at a rapid pace during the forecast period.

Data Bridge Market Research analyses that the cruciate ligament repair procedures market which is USD 12186.87 billion in 2022, is expected to reach USD 23406.15 billion by 2030, at a CAGR of 8.5% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Market Definition

The cruciate ligaments are a pair of ligaments that connect the bones of the knees. Cruciate ligaments are also known as cruciform ligaments because they are arranged in a crossed or X pattern. A surgical tissue graft is used to replace torn or injured cruciate muscles during cruciate ligament repair surgery. The most common grafts are autografts, which use a portion of your own body, such as the patellar tendon (kneecap tendon), one of the hamstring tendons, or the quadriceps tendon above the kneecap.

Drivers

  • Rise in geriatric population

The global annual incidence of rheumatoid arthritis (RA) is approximately 3 cases per 10,000 people. It has a prevalence rate of about 1%, with the rate increasing with age and peaking between the ages of 35 and 50. This causes knee arthritis and other complications, which may necessitate knee replacement surgery. In addition, other connective tissues, such as ligaments attached to bones, can become less flexible and more restricted. These factors are expected to drive the geriatric population's demand for cruciate ligament repair procedures.

  • Rising incidence of sports-related injuries

The market is being driven by rising demand for minimally invasive procedures and the rising incidence of sports-related injuries. According to the NSC, exercise equipment will be responsible for approximately 409,000 injuries in the United States in 2021, most of any sports and recreation category. The most common injuries during exercise are ligament tears in the knees and elbows. Rising incidences of knee injuries may drive market growth because cruciate ligament repair procedures are most commonly performed in knee ligament injuries.

Global Cruciate Ligament Repair Procedures Market Scope

The cruciate ligament repair procedures market is segmented on the basis of type, injury type, product, indication, diagnosis, treatment and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Posterior Cruciate Ligament (PCL)
  • Anterior Cruciate Ligament (ACL)
  • Clinical
  • Non-clinical

 Injury Type

  • Grade I
  • Grade II
  • Grade III

 Product

  • Cemented Implants
  • Cement-Less Implants
  • Partial Implants
  • Revision Implants

 Indication

  • Osteoarthritis
  • Rheumatoid Arthritis
  • Trauma
  • Others

 Diagnosis

  • Imaging
  • Abdominal x-ray
  • Magnetic Resonance Imaging (MRI)
  • Ultrasound
  • Laparoscopy
  • Angiograph
  • Others

 Treatment

  • Surgery
  • Arthroscopy
  • Anterior Cruciate Ligament (ACL) Reconstruction
  • Others
  • Therapies
  • Rehabilitation
  • Physical Therapies
  • Devices
  • Elastic Bandages
  • Others
  • Others

 End User

  • Hospitals
  • Orthopaedic Clinics
  • Ambulatory Surgical Centres
  • Others

Some of the major players operating in the cruciate ligament repair procedures market are:

  • Zimmer Biomet (U.S.)
  • Stryker (U.S.)
  • Smith+Nephew (U.K.)
  • Medical Devices Business Services, Inc. (U.S.)
  • Arthrex, Inc. (U.S.)
  • Bauerfeind USA Inc. (U.S.)
  • DJO LLC (U.S.)
  • DeRoyal Industries, Inc. (U.S.)
  • OSSUR (Iceland)
  • DARCO International Inc. (U.S.)
  • EXACTECH (U.S.)
  • Corin Group (U.K.)
  • GROUP FH ORTHO communication (France)
  • Neoligaments (U.K.)
  • B. Braun SE (Germany)
  • Corin (U.K.)
  • Waldemer Link GmbH & Co. K.G. (Germany)
  • Wright Medical Group N.V. (U.S.)
  • Boston Scientific Corporation (U.S.)
  • MicroPort Scientific Corporation (China)
  • athenahealth, Inc. (U.S.)

Key Insights Of Cruciate Ligament Repair Procedures Market Report

  • The report comprises a detailed analysis of different segments and offers market valuations between 2023 to 2030.
  • This study presents the analytical depiction of the Cruciate Ligament Repair Procedures Market with the current trends and future estimations to determine the imminent investment pockets
  • The report also reveals information with respect to key drivers, restraints, and opportunities coupled with a comprehensive analysis of the global Cruciate Ligament Repair Procedures Market
  • The forecast period of the market is assessed from 2024 to 2030 to highlight the Cruciate Ligament Repair Procedures Market growth scenario.
  • Porter’s five forces analysis establishes the effectiveness of the buyers and suppliers in the business line.
  • The key players in the industry are profiled to gain an understanding of the strategies adopted by them.
  • This report provides the current trends and future estimations during the forecast period, which in turn aids in identify the prevailing market opportunities.

The company portfolio includes company synopsis, operating business sectors, business overview, product/service categories, and recent growth strategies adopted by them.

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