DUBLIN, December 02, 2021--(BUSINESS WIRE)--The "Soft Tissue Repair Global Market Report 2021: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.
The global soft tissue repair market is expected to grow from $8.78 billion in 2020 to $9.26 billion in 2021 at a compound annual growth rate (CAGR) of 5.5%. The market is expected to reach $13.17 billion in 2025 at a CAGR of 9.2%.
The soft tissue repair market consists of sales of soft tissue repair by entities (organizations, sole traders, and partnerships) that manufacture soft tissue repair products. Soft tissue repair is defined as the replacement of wounded or damaged tissues with healthy tissues.
The main types of soft tissue repair products include fixation devices, tissue patch or mesh, laparoscopic instruments. Fixation devices provide alignment and stabilization to the torn connective tissue. These include devices like cortical buttons and corresponding suture kits which helps enable the tension and the ability to attach tendon or tendon graft directly to the bone inside a pre-drilled socket.
Tissue patch or mesh is a specialty biomaterial used for soft tissue repairs by supporting damaged tissues during the healing process. The laparoscopic instruments include various dissectors, graspers, scissors, electrodes, needle holders, and shaft and connection configurations for handling soft tissues during surgeries.
The soft tissue repair is used in hernia repair, dural repair, skin repair, vaginal sling procedures, orthopedic repair, dental repair, breast reconstruction repair. These products are used by hospitals, clinics, research and academic institutes, others.
North America was the largest region in the soft tissue repair market in 2020. Asia Pacific region is predicted to record fastest growth over the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The stringent regulatory standards for products like tissue mesh restrained the market growth in the historic period. The FDA requires manufacturers of these products to address safety concerns, through a rigorous premarket approval (PMA) pathway to demonstrate safety and effectiveness. The strong clinical requirements for surgical mesh and strict compliance to reduce risks could delay product approvals and thus restrain the market for soft tissue repair in the forecast period.
In December 2020, Integra Lifesciences, a USA-based medical device company acquired ACell for $300 million. The acquisition is expected to expand Integra Lifesciences regenerative capabilities and is complementary to the existing tissue technologies portfolio of the company. ACell is a USA-based company that develops and manufactures unique extracellular matrix products to repair and remodel damaged tissues through remodeling.
The increasing cases of sport-related injuries boosted the growth of the soft tissue repair market in the historic period. Sports injuries are injuries that occur when participating in sports or exercising. In sports, soft tissue injuries are the most frequent. Tissues that attach, sustain, or surround other body structures and organs are referred to as soft tissue. Therefore, the increasing prevalence of sport-related injuries drove the growth of the soft tissue repair market.
Companies in the soft tissue market are investing in technological developments for increasing market share and providing innovative products to customers. Major companies operating in the soft tissue repair sector are focused on developing a technologically advanced solution for soft tissues.
Major players in the soft tissue repair market are
Johnson & Johnson
Integra Lifesciences Corporation
Wright Medical Technology
Smith & Nephew plc
C.R. Bard Inc.
Zimmer Biomet Holdings Inc.
Lifenet Health Inc
Becton Dickinson and Company
Baxter Healthcare Corporation
Boston Scientific Corporation
Key Topics Covered:
1. Executive Summary
2. Soft Tissue Repair Market Characteristics
3. Soft Tissue Repair Market Trends and Strategies
4. Impact Of COVID-19 On Soft Tissue Repair
5. Soft Tissue Repair Market Size and Growth
5.1. Global Soft Tissue Repair Historic Market, 2015-2020, Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Soft Tissue Repair Forecast Market, 2020-2025F, 2030F, Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Soft Tissue Repair Market Segmentation
6.1. Global Soft Tissue Repair Market, Segmentation By Product, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
Tissue Patch or Mesh
6.2. Global Soft Tissue Repair Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
Vaginal Sling Procedures
Breast Reconstruction Repair
6.3. Global Soft Tissue Repair Market, Segmentation By End User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
Research and Academic Institutes
7. Soft Tissue Repair Market Regional and Country Analysis
7.1. Global Soft Tissue Repair Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
7.2. Global Soft Tissue Repair Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, Billion
For more information about this report visit https://www.researchandmarkets.com/r/tevwg7
View source version on businesswire.com: https://www.businesswire.com/news/home/20211202005542/en/
Laura Wood, Senior Press Manager
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