Soft Tissue Anchors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Metallic Suture Anchors, PEEK Suture Anchors, Bio-composite Suture Anchors, Others); Application (Hospitals, Clinics, Emergency Medical Services) and Geography
Report Code: TIPRE00024412 No. of Pages: 150 Category: Medical Device Status: Upcoming
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MARKET OVERVIEW
Soft tissue anchors are soft tissue fixation devices generally used in orthopedic surgeries. Orthopedic bone fractures and injuries can be caused due to various reasons such as acute trauma, sports, and heavy physical activities. Sutures, anchors, interference screws are various fixation devices that are used for soft tissue fixation. Dislocation of the shoulder is a common occurrence among athletes, and the Arthroscopic Bankart Repair method using soft tissue anchors is the most preferred method for treating shoulder dislocation.
MARKET SCOPE
The "Global Soft Tissue Anchors Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the soft tissue anchors market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading soft tissue anchors market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
MARKET DYNAMICS
Drivers:
Restraints:
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The soft tissue anchors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the soft tissue anchors market in these regions.
IMPACT OF COVID-19ON SOFT TISSUE ANCHORS MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. With the increase in the number of COVID-19 patients in the healthcare facilities, doctors were compelled to treat these patients on priority, due to which the orthopedic procedures were canceled and resulted in stepping down approach to prevent infection transmission, which affected the soft tissue anchors market growth. Moreover, stringent lockdowns and shutdown of businesses caused disruptions in soft tissue anchors' trade and supply chain. However, the market is anticipated to witness slow growth in demand after the removal of restrictions and through collaborations with other industry leaders.
The report covers key developments in the soft tissue anchors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from soft tissue anchors market are anticipated to have lucrative growth opportunities in the future with the rising demand for soft tissue anchors in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the soft tissue anchors market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Soft tissue anchors are soft tissue fixation devices generally used in orthopedic surgeries. Orthopedic bone fractures and injuries can be caused due to various reasons such as acute trauma, sports, and heavy physical activities. Sutures, anchors, interference screws are various fixation devices that are used for soft tissue fixation. Dislocation of the shoulder is a common occurrence among athletes, and the Arthroscopic Bankart Repair method using soft tissue anchors is the most preferred method for treating shoulder dislocation.
MARKET SCOPE
The "Global Soft Tissue Anchors Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the soft tissue anchors market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading soft tissue anchors market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global soft tissue anchors market is segmented into metallic suture anchors, PEEK suture anchors, bio-composite suture anchors and others.
- Based on application, the market is segmented into hospitals, clinics and emergency medical services.
MARKET DYNAMICS
Drivers:
- Rise in the number of orthopedic procedures.
- Increase in the number of sports-related injuries.
- Increase in geriatric population who are more prone to musculoskeletal injuries and diseases.
- Growing R&D investments by market players.
Restraints:
- Expensive surgeries.
- Unfavorable reimbursement policies.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The soft tissue anchors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the soft tissue anchors market in these regions.
IMPACT OF COVID-19ON SOFT TISSUE ANCHORS MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. With the increase in the number of COVID-19 patients in the healthcare facilities, doctors were compelled to treat these patients on priority, due to which the orthopedic procedures were canceled and resulted in stepping down approach to prevent infection transmission, which affected the soft tissue anchors market growth. Moreover, stringent lockdowns and shutdown of businesses caused disruptions in soft tissue anchors' trade and supply chain. However, the market is anticipated to witness slow growth in demand after the removal of restrictions and through collaborations with other industry leaders.
The report covers key developments in the soft tissue anchors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from soft tissue anchors market are anticipated to have lucrative growth opportunities in the future with the rising demand for soft tissue anchors in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the soft tissue anchors market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- In2Bones SAS
- Zimmer Biomet
- ConMed Corporation
- Parcus Medical
- Stryker
- DePuy Synthes
- MedShape, Inc.
- Smith & Nephew
- Biotek Medical
- Medtronic