Transparency Market Research has published a new report titled "Orthopedic Soft Tissue Repair Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019" to its report store.
Albany, NY -- (SBWIRE) -- 09/26/2014 -- The global market for Orthopedic Soft Tissue Repair will be worth USD 8.5 billion by the end of 2019, according to a research report recently published by Transparency Market Research, a U.S.-based market intelligence firm.
What is soft tissue?
The term soft tissue is often used in a broad sense and comprises a variety of cell groups within our body. Medical practitioners consider any tissue that is not a bone or an organ to be a soft tissue. Soft tissue joins many vital components within our body. For instance, tendons are a soft tissue that connects bone and muscle. Ligament is another example of soft tissue.
When we engage in activities such as fitness, sports, or even certain strenuous daily chores, we are exposing soft tissue to the risk of injury. For example, if you have a sudden fall or twist your ankle, soft tissue can be damaged. These injuries can cause damage to soft tissue such as tendons, ligaments, and muscles. These injuries are classified according to the soft tissue that they affect and their severity. Some examples of soft tissue injuries include: stress injuries, sprains, tendonitis, strains, and so on. While such an injury can be the result of a one-off episode, in many cases it can also be caused by repeated stress on your soft tissue-such as in the case of an athletic activity.
Browse Full Report Orthopedic Soft Tissue Repair Market Research Report With Full TOC
What is soft tissue repair?
An injury to your soft tissue can often be painful and traumatic, making it imperative for you to seek medical on time. Orthopedic soft tissue repair is that branch of medicine that deals with diagnosing, treating, and preventing injury to these parts of the body. There are several reasons that could contribute to soft tissue damage or injury. These include: aging, strenuous physical activity, exercise and sports and even recreational activities in some cases.
However, from the global standpoint, a higher number of soft tissue damage or injury cases are being reported as a result of aging. As the body ages, it becomes more susceptible to the impact caused by a strain, sprain, fall or jerk resulting in soft tissue injury. This has, in turn, led to a higher demand for soft tissue injury repair procedures.
The Orthopedic Soft Tissue Repair Market
Anterior cruciate ligament (ACL)/posterior cruciate ligament (PCL) reconstruction has emerged as one of the most widely practiced procedures in the global market for orthopedic soft tissue repair. Market research estimates show that this segment is likely to record a compounded annual growth rate of around 8.3% between 2013 and 2019.
Other procedures that are commonly employed for carrying out orthopedic soft tissue repair are—shoulder labrum, biceps tenodesis, meniscal repair, rotator cuff, as well as hip arthroscopy. Figures show that most knee injuries occur during sports activities. Hip and shoulder injuries come a close second to knee injuries as far as the most common soft tissue injuries are concerned.
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What are the factors leading to the growth of the soft tissue injuries market?
In addition to age being one of the most common reasons for soft tissue injuries, factors such as higher obesity and sports-related injuries are also major contributors. Besides the growing rate of injury itself, the orthopedic soft tissue repair market is propelled by major advances and breakthroughs in the new medicine technologies, rising expenditure on healthcare, and the non-availability of an alternative solution for repairing soft tissue damage.
At the same time, there are certain factors that are restraining the ideal growth of the orthopedic soft tissue injury repair market. These include: a general lack of awareness about procedures that can help repair injury to soft tissue, the high cost of undergoing surgical procedures, and lack of reimbursement by insurers for this particular class of injuries.
Today, medical practitioners are increasingly making a shift from using metallic anchor devices to non-metallic ones (also known as bio absorbable anchor devices). Surgeries in this domain are increasingly being assisted by robots and traditional methods of carrying out the procedure are slowly fading. Another factor that is changing the dynamics of this industry is the aggressive global expansion by leading market players.
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