Artificial Tendons and Tire Material Market ToLigaments Reach USDMarket 110.76To Billion y 2026 Reach USD 48.4 Billion By 2026
Market Summary The increase in the number of sports accidents, growing awareness about the artificial tendons and ligaments, advancements in surgical procedures, and advances in techniques related to ACL reconstructions are the driving factors for the market. Market Size – USD 17.8 billion in 2018, Market Growth - CAGR of 13.2%, Market Trends– The issues related to Orthobiologics used to regenerate new bones, tendons and ligaments is expected to drive the market. According to the current analysis of Reports and Data, the global artificial tendons and ligaments market was valued at USD 17.8 billion in 2018 and is expected to reach USD 48.4 billion by the year 2026, at a CAGR of 13.2%. The artificial tendons and ligaments are temporary replacements for supporting the broken or ruptured muscles or ligaments of the body. These artificial implants provide support to the broken tissues until the tissue cells regenerate the broken parts in the body. Further key findings from the report suggest : • The knee surgeries are the maximum shareholding segment with 39% of the market and is expected to keep growing in the forecast period. According to the American Academy of Orthopedic Surgeons, There are nearly 95,000 new ACL ruptures each year, and approximately 60,000-75,000 ACL reconstructions are performed annually in the United States. • The artificial tendons and ligaments are made out of polymers such as polypropylene and polyethelyene terephthalate. These polymers are non-reactive in the body and hence it is used for manufacturing efficient product. www.reportsanddata.com
Key Players : Cousin Biotech, BioMed, LARS, Neoligaments, Orthomed S.A.S., FX Solutions, Shanghai PINE & POWER Biotech, Mathys AG Bettlach, Arthrex Inc., Stryker, and DePuy Synthes Segmentation: • Application Outlook (Revenue in Million USD; 2016–2026) Knee Injuries Shoulder Injuries Foot and Ankle Injuries Others • End-use Outlook (Revenue in Million USD; 2016–2026) Hospitals and clinics Ambulatory surgery centers.
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Regional Artificial Tendons and Ligaments Market (Regional Output, Demand & Forecast by Countries):• North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
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Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market
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