Global Soft Tissue Repair Market is Estimated to Reach at a CAGR of 7.5% by 2024

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Soft Tissue Repair Market Global Industry
Analysis, Trends and Forecast to 2024
Global Soft Tissue Repair Market Type (Tissue
Patch/Mesh, Laparoscopic Instruments, Fixation
Devices), Application (Dural Repair, Hernia
Repair, Skin Repair, Vaginal Sling Procedures,
Orthopedic Repair, Dental Repair, and Breast
Reconstruction Repair), Geography (North America,
Europe, Asia-Pacific, Europe, South America,
Middle East and Africa) Industry Trends and
Forecast to 2024 Global Soft Tissue Repair
Market is expected to reach USD 26,041.61 million
by 2024 from USD 14,725.40 million in 2016, at a
CAGR of 7.5 in the forecast period 2017 to 2024.
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Market Segmentation
The global soft tissue repair market is segmented
on the basis of type and application channel.
On the basis of type, the global soft tissue
repair market is segmented into tissue
patch/mesh, laparoscopic instruments and fixation
devices. On the basis of application, the
global soft tissue repair market is segmented
into dural repair, hernia repair, skin repair,
vaginal sling procedures, orthopedic repair,
dental repair, and breast reconstruction repair.
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Key Drivers

• Some of the major factors driving the market for
  global soft tissue repair market are increasing
  rate of accidents and injuries, growth in the
  aging population and rise in the healthcare
  expenditure. These factors demand the soft tissue
  repair which boosts the market growth.
• Lack of awareness may hinder the growth of the
  market.
• According to Population Reference Bureau, in 2016
  number of Americans between the age of 65 and
  above was 46 million and by 2060 this number will
  rise to 98 million.
• Many companies are increasingly focusing on
  technological advancement of devices in order to
  strengthen their product portfolios in the soft
  tissue repair market.

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Key Points
Medtronic is going to dominate the global soft
tissue repair market following with Smith
Nephew, C.R.Bard Inc., Wright Medical along with
others such asLifecell Corporation, Baxter, B.
Braun Melsungen AG, Ethicon US, LLC., Arthrex,
Inc, Lifenet Health, Inc., Zimmer Biomet,
Covidien, Stryker, Acera Surgical, Inc., Alphatec
Spine, Inc., Acelity L.P. Inc., Osseon LLC.,
Integra Lifesciences Corporation, Collplant Ltd.,
Gore, American Medical Systems Inc., among
others. The global fixation devices market is
expected to reach USD 14,778.39 million by 2024,
from USD 7,917.38 million in 2016, growing at a
CAGR of 8.2. The orthopedic repair is expected
to dominate the soft tissue repair market with
43.8market share, growing at the highest CAGR
8.0 in the forecast period 2017 to 2024.
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Regional Analysis

• Based on geography the market is segmented into 5
  geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa.

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