Asia Pacific Soft Tissue Repair Market Key Companies and SWOT Analysis by 2028

The Asia Pacific soft tissue repair market is expected to grow from US$ 1,397.54 million in 2021 to US$ 2,225.78 million by 2028; it is estimated to grow at a CAGR of 6.9% from 2021 to 2028.

Sports medicine has received importance with the development of new products for treating various sports injuries, growing awareness about sports injuries, and increasing expenditure on sports medicine. A growing number of sport medicine centers in developed and developing economies has encouraged developments in diagnostic and treatment services for several soft tissue injuries. In developed countries in Asia Pacific, sports medicine research centers primarily focus on preventive care and early diagnosis of sports injuries. The key players in the soft tissue repair markets are engaged in extensive research and development activities. Also, the rising interest of athletes and government bodies would pave the way for high-quality randomized control trials and encourage new products in the market. 

The COVID-19 pandemic has negatively affected the economies in Asia Pacific. Countries such as India, China, Japan, and South Korea have been affected by the pandemic. The pandemic has affected three main aspects of the region’s economy: manufacturing, supply chain, and business and financial markets. India, Japan, China, South Korea, and Australia are the hardest-hit countries due to the rising number of COVID-19 cases and related deaths. Medical device manufacturers and suppliers are shifting their focus on developing and supplying COVID-19 essentials and medical devices for respiratory diseases. This scenario hinders the growth of the soft tissue repair market. This pandemic is affecting the operations of the various key players operating in this region.

With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific soft tissue repair market. Playing sports benefits adolescents physiologically, psychologically, and socially. It helps improve health conditions, self-esteem, and social interactions, alongside decreasing the risk of depression. However, sports practice is inevitably linked with the occurrence of injuries. This high participation rate of children in sports, coupled with an increase in injuries, is creating demand for sports medicines. Contact sports such as basketball and football, involving contact and collision, possess a higher rate of sports injuries. This leads to severe injuries to joints, bones, and tendons, and other soft tissues. Such injuries require emergency treatment or even surgical procedures. As per Spinal Cord, Inc., ~170,000 children with basketball-related injuries were treated in hospital emergency rooms. Thus, the rising prevalence of sports injuries is contributing to the soft tissue repair market growth.
 

Asia Pacific Soft Tissue Repair Market Segmentation

• Asia Pacific Soft Tissue Repair Market – By Product
  • Fixation Instruments
  • Tissue Mesh/Patch
• Asia Pacific Soft Tissue Repair Market – By Application
  • Orthopedic Repair
  • Hernia Repair
  • Breast Reconstruction
  • Pelvic and Vaginal Prolapse Repair
  • Skin Repair
  • Dental Repair
  • Dural Repair
  • Others
• Asia Pacific Soft Tissue Repair Market – By Country
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Asia Pacific Soft Tissue Repair Report Scope