Leeds, UK -- (SBWIRE) -- 07/17/2019 -- The traditional biomechanics of connective tissue are exploring phenomenal breakthroughs in regeneration and repairing of the soft tissues for dental cosmetics, sports injuries, hip displacement in non-ambulatory patients with cerebral palsy and so on due to fruitful advanced medical research. Soft tissue repair involves regeneration of damaged tissues by grafting synthetic or bio-regenerative tissues which need to be closely monitored. The rise in sports participants and sports injuries, the ageing population, obesity disorders, injuries caused by traumas and casualty cases, aesthetic enhancement needs are major drivers of the overall soft tissue repair market.
The global soft tissue repair market is expected to register a CAGR of 8.4% during the forecast period 2019-2026 with the value reaching over $26 billion by 2026 end.
The stringent norms to control the infections in soft tissue are being relaxed as the soft tissue surgeries become less complex with the advent of advanced medical technologies. Although the sports injuries will continue to be major market stimulant other factors like higher cost of tissue repair surgeries, tedious aftercare efforts during the recovery period and lack of reimbursement policies would restrain the growth of the market. Finding cost-effective, less complex and patient-friendly soft tissue repair procedures will continue to attract attention and investments from healthcare and R&D organisation. Thus providers with such innovative soft tissue repair procedures would hold the key market differentiator amidst the lucrative soft tissue repair market during the forecasted period.
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Global Soft Tissue Repair Segmentation Overview
Global Soft Tissue Repair, by Graft Type:
- Allografts
- Synthetic Grafts
- Alloplast
- Xenografts
Use of non-autologous biologic grafts would be a highly trending alternative to both autologous grafting and synthetic grafts during the forecasted period. The use of biologic grafts sourced from human remains (allografts) and animals like pigs and cattle (xenografts) would gain popularity as they would not need tissues from patient's body parts itself and are highly biocompatible. The only limitations posed by biologic grafts is their inherently higher price that is twice the cost of the synthetic alternatives.
Global Soft Tissue Repair, by Application Type:
- Trauma Injuries
- Breast Reconstruction
- Orthopaedic Tissue Repair
- Abdominal Wall Repair
- Hernia Repair
- Others
Global Soft Tissue Repair, by End User:
- Hospitals
- Outpatient Centers
Global Soft Tissue Repair, by Region:
- Europe
- North America
- APAC
- Latin America
APAC to exhibit tremendous opportunities for lucrative growth during the forecasted period.
North America is a major stakeholder in global soft tissue repair market due to a well-established healthcare system. Europe soft tissue repair accounts second major share in the global market due to high awareness among the general population. Work-related injuries, favourable economic conditions, increase in ageing population, overall injuries due to road accidents, government aids and policies to support sportsperson and sports sector are major reasons for highly competitive opportunities in developing economies like India and China in APAC region. The region is anticipated to demonstrate the strongest growth over the forecasted period.
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Competitive Landscape:
- Tier 1 players- established companies in the market with the major market share
- Tier 2 players
- Emerging players which are growing rapidly
- New Entrants
FutureWise Takeaways
- Growth prospects
- SWOT analysis
- Key trends
- Key data-points affecting market growth
Objectives of the Study:
- To provide with an exhaustive analysis on the global soft tissue repair market on the basis of graft type, application end-user and region
- To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
- To evaluate and forecast micro-markets and the overall market
- To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
- To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
- Profiling of companies to evaluate their market shares, strategies, financials and core competencies
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