The Soft Tissue Repair Market To Cross US$ 7,000 Mn From 2017-2024

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Soft Tissue Repair Market
Report Id  PMRREP4448 Category Life Science
Healthcare
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The Soft Tissue Repair Market To Cross US 7,000
Mn From 2017-2024

• Soft tissue repair is a process of replacement of
  destroyed or injured tissue by healthy tissue.
  One of the key factors driving the market is the
  rise in a number of accidents and accidental
  injuries. This is leading to the soft tissue
  injuries in ligaments, muscle, and tendons. Soft
  tissue injuries are being treated with soft
  tissue fixation devices and scaffolds. Increasing
  number of sports injuries is also driving the
  demand for soft tissue repair.
• The demand for soft tissue repair products is
  also increasing in the hospitals to deal with the
  injuries caused due to accidents. With the
  development of advanced devices, the demand for a
  minimally invasive procedure is also increasing.
  This is fuelling the growth in the global soft
  tissue repair market. In recent years, the demand
  for stem cell and tissue engineered products for
  treating various diseases has also increased.
  Moreover, companies are investing in the advanced
  research and development of new soft tissue
  repair products.
• According to the report by Persistence Market
  Research (PMR), the global soft tissue repair
  market is expected to witness steady growth
  during the forecast period 2017-2024. The global
  market for soft tissue repair is also estimated
  to bring in more than US 7,000 Million revenue
  by the end of 2024.

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Soft Tissue Repair to Witness Largest Application
in Orthopedics in the Global Soft Tissue Repair
Market
Based on the product type, allograft is likely to
witness the highest growth in the global market
for soft tissue repair. By the end of the
forecast period, allograft is projected to
surpass US 3,000 Million revenue. On the basis
of application, soft tissue repair is likely to
find largest application in orthopaedics
throughout the forecast period 2017-2024.
Orthopaedics is estimated to surpass US 1,000
Million revenue towards the end of 2024. By the
end user, hospitals are expected to see a
significant growth in the global market for soft
tissue repair. By 2024 end, hospitals are
estimated to bring in more than US 4,000 Million
revenue.
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