In 2022, the global market for orthopedic sports medicine and soft tissue repair was valued at $4.4 billion. Projections indicate that it will experience a 6% compound annual growth rate (CAGR) during the forecast period, ultimately reaching $6.6 billion. The full report suite on the OST market encompasses a range of devices for various soft tissue repair procedures, including Achilles tendon repair and reconstruction, rotator cuff repair and reconstruction, shoulder labrum repair, biceps tenodesis repair, ACL/PCL reconstruction, meniscal repair, and hip arthroscopy.
MARKET REPORT DATA TYPES INCLUDED:
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2029, and Historical Data to 2019
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Company Profiles, Product Portfolios and SWOT for Top Competitors
GLOBAL SPORTS MEDICINE MARKET TRENDS:
The market is primarily driven by demographic factors and an increasing trend towards active lifestyles, fueled by a well-established professional sports industry. Most musculoskeletal injuries are caused by recreational and sports activities, affecting both younger populations, including professional athletes, and the elderly population who often require treatment for degenerative disorders and chronic illnesses.
GLOBAL SPORTS MEDICINE MARKET SHARE INSIGHTS:
The global sports medicine market is largely dominated by three main players: Arthrex, Smith & Nephew, and DePuy Synthes. As of 2022, these companies controlled almost two-thirds of the global orthopedic soft tissue market, while the remaining competitors each held smaller portions of the market. The presence of both medical device manufacturers and tissue banks has contributed to the market's fragmentation.
MARKET SEGMENTATION SUMMARY:
While this Global Series contains all global orthopedic sports medicine market data, each of the market segments is also available as a stand-alone report, MedCore. This allows you to get access to the market research that you need.
Global Achilles Tendon Repair and Reconstruction Market | MedCore - Includes:
- Grafts (allograft, xenograft, and synthetic), and suture anchors (biocomposite, polyether ether ketone (PEEK) and metal)
Global Rotator Cuff Repair and Reconstruction Market | MedCore - Includes:
- Grafts (allograft, xenograft, and synthetic), suture anchors (biocomposite, polyether ether ketone (PEEK), PEEK carbon fiber (CF) metal, all-suture, polylactic acid (PLA))
Global Shoulder Labrum Repair Market | MedCore - Includes:
- Resorbable and non-resorbable sutures (i.e., biocomposite, polyether ether ketone (PEEK), all-suture, polylactic acid (PLA), PEEK carbon fiber, metal)
Global Biceps Tenodesis Market | MedCore - Includes:
- Suture anchors and tenodesis screws
Global ACL/PCL Reconstruction Market | MedCore - Includes:
- Grafts and fixation devices
RESEARCH SCOPE SUMMARY:
- Regions: North America (Canada, United States), Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela), Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.), Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine), Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam), Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
- Base Year: 2022
- Forecast Period: 2023-2029
- Historical Data: 2019-2022
- Quantitative Data: Market Size, Market Share, Market Growth Rates, Units Sold, Average Selling Prices
- Qualitative Data: COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios
- Data Sources: Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data.
Read more about iData's 9-Step Research Methodology.
WHY CHOOSE IDATA?
- Experts Only - iData has been around for over 17 years and is the trusted source of intelligence, and data-driven insights for key industry players. We are made up of specialists with a sole focus on medical devices, dental devices and pharmaceuticals. Our research and consulting field of endeavour never strays from the medical device industry and, because of this, we are the number one choice for leading companies in this field.
- Global Coverage - iData's unique methodology, and its expansion to over 70 countries world-wide, has made it one of the most viable sources of intelligence for global companies along with those who plan to expand their portfolio beyond the confines of their own country. Providing procedural data at the country level is another testimony to the trusted global coverage we provide.
- Attention to Detail - It's our attention to small details, scheduling of timelines, and keen project management that makes us stand out from the rest. We are creative, and our reports include metrics such as procedure numbers, ASPs, and SKU-level insights that are not found elsewhere.
- Pricing - When comparing like-with-like, iData's prices are not only extremely competitive but also the most cost-effective. We strive for success and want the same for our clients. With the level of detail incorporated into each report alongside the extensive segmentation provided, no other report compares at our price point.