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Artificial Tendons and Ligaments Market by Application (Knee Injuries, Shoulder Injuries, Foot and Ankle Injuries, Other Injuries), End users(Hospitals and Clinics, Specialty Clinics, Ambulatory Surgery Centers, Others), Regions(North America, Europe, Asia-Pacific, Latin America, The Middle East and Africa) Global Opportunity Analysis and Industry Forecast, 2019–2027

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Aug 2021 | 305 Views
   
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COVID-19

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Artificial Tendons and Ligaments Market Outlook - 2027

Artificial ligament as a tool intended to reinforce or replace the natural ligament, including any necessary fixing devices. There are a few important requirements to be considered for ligaments: intended performance, design attributes materials, design evaluation, manufacture and inspection, sterilization, and packaging. In the context of the design evaluation, pre-clinical and clinical studies, the key factors to be considered are the mechanical loads and related movements to which the implants may be subjected when functioning, and fatigue testing of the highly stressed parts.

Artificial Tendons and Ligaments Market

The artificial tendons and ligaments are used for surgical reconstruction has launcheda clinical structurefor the patients searchingfor speedyand more dependableligaments and tendon repair. They are necessary made forthe fibrous connective tissue and hold upthe musculo-skeletal system. Achilles tendon repairing process makes use of artificial tendons. Artificial tendons and ligaments have a very popular demand in patellar ligament reconstruction and also for the anterior cruciate ligament reconstruction. Implants are usually preferred to use over the allografts and autografts of unique advantages like faster recovery, reduced procedural time,and the higher availability as compared to thedonor tendon grafts.

Market scope and structure analysis:

Report Metric

Details

Market size available for years

2019–2027

Base year considered

2019

Forecast period

2020–2027

Forecast units

Value (USD)

Segments covered

Application, End Users, Implant Type, and Region

Geographies covered

North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

Companies covered

Major players analyzed include LARS, Neoligaments, Cousin Biotech, Orthomed S.A.S., FX Solutions,Arthrex, Inc., Artelon, Shanghai Pine &Power Biotech, and Mathys AG Bettlach.

 

COVID-19 scenario analysis:

To take care of the infected population the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With a rise in the number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil populations for precautionary measures. Manufacturers of these products have a chance to capitalize on this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.

Owing to such factors, COVID 19 is expected to have a significant impact on the Artificial Tendons and Ligaments market.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Growing occurrences of sports injuries, number of initiatives to increase the notice about artificial tendons and ligaments are growing, increasing activities for research on artificial tendons and ligaments, increasing preference for minimally invasive surgeries, benefits of artificial tendons and ligaments, and therefore the issues associated with the utilization of orthobiologics are the major driving factors of Artificial tendons and ligaments market.

Increasing frequencyofminimally invasive surgeries, government policiesrelevantto the awareness ofinjuries related to sports, surgical procedures upgrades which are expected togrowthe adoption of synthetic tendons and ligaments for ankles, knees and tendon reinforcement.

Allogenicand autologousgrafts have beenassociated with the complications like quadriceps weakness, anterior knee pain, tendon rupture,and loss of full extension. Therefore, the risks related to the allograft and autoraftprocedures have have given rise tothe development of various artificialmaterials for the process ligament reconstruction. Key players of the Artificial tendons market and many other research organizations have changed their focus and are concentrating more on the R&D activities to discover a new material which is capable of changing the whole market and overcoming all the current issues.

New product launches to flourish the market:

On January 8th, 2019, Arthrex declares FDA Clearance of the Eclipse Total Shoulder Replacement System which is expected to preserve the during the shoulder replacement.

Surge in usage in hospital and ASC’sapplications:

Hospitals and clinics are the highest consumers for the artificial tendons and ligaments market. Supportive infrastructures which are helping successful surgeries are boosting the adoption of these grafts at hospitals and clinics end-user facilities. Governments are also helping in the promotion of surgical facilities to better the healthcare effectiveness and provide consequences which will help the hospitals and clinics.

The ambulatory surgery centers are growing at a profitable rate due to increased number of ankle and shoulder surgeries which are being performed in ASCs and hospital.

Key segments covered:

Segments

Sub-segments

Application

  • Knee Injuries
  • Shoulder Injuries
  • Foot and Ankle Injuries
  • Other Injuries

End users

  • Hospitals and Clinics
  • Specialty Clinics
  • Ambulatory Surgery Centres
  • Others

Implant Type

  • Rod implant
  • Marlex mesh
  • Carbon-Fibre implant
  • Others

Regions

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

 

Key benefits of the report:

  • This study presents the analytical depiction of the global Artificial Tendons and Ligaments industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Artificial Tendons and Ligaments market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Artificial Tendons and Ligaments market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global Artificial Tendons and Ligaments market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the Artificial Tendons and Ligaments Market research report:

  • What are the leading market players active in the Artificial Tendons and Ligaments market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
     
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