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Soft Tissue Repair Market Growth Accelerated by Rising Adoption of Soft Tissue Repair Procedures

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Mia Yates
Soft Tissue Repair Market Growth Accelerated by Rising Adoption of Soft Tissue Repair Procedures

The soft tissue repair market comprises biologics and synthetics used in surgical procedures to repair damaged soft tissues such as tendons, ligaments, muscles, and other tissues. Soft tissue repair offers an array of benefits compared to other procedures including less invasive approach, reduced healing times, and lower risk of complications. The global soft tissue repair market is estimated to be valued at US$ 2164.02 Mn in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The rising number of sports injuries and trauma cases has been a key driving factor for the increased adoption of soft tissue repair procedures globally. As per statistics, around 30 million people in the US play some form of sports or participate in recreational activities which renders them prone to soft tissue injuries. This has led to significant increase in the number of surgical repairs of anterior cruciate ligament (ACL) tears, rotator cuff tears, and Achilles tendon ruptures among others. Additionally, improved medical reimbursements and awareness about minimally invasive soft tissue repair options compared to conventional procedures is also contributing to the growing market demand. The development of advanced bio-absorbable synthetic grafts and scaffolds with enhanced healing properties is further expected to propel the soft tissue repair market growth over the forecast period.

Segment Analysis

The soft tissue repair market is segmented by product, application type and end user. Under product, the synthetic segment dominates the market owing to benefits like cost effectiveness and ease of availability. Synthetic meshes, patches and grafts are widely used for soft tissue repair surgeries as they enhance tissue regeneration and reduce postoperative complications.

Key Takeaways

The Global Soft Tissue Repair Market Size is expected to witness high growth over the forecast period of 2023 to 2030.

Regional analysis: North America holds the largest share of the Soft Tissue Repair Market currently. The region has a highly developed healthcare sector and rising incidence of injuries necessitating soft tissue repair procedures are driving demand.

Key players operating in the region include Accelrys, Certara, Chemical Computing Group Inc., Compugen, Ltd., Entelos, Inc. (Rosa & Co. LLC), Genedata AG, Insilico Biotechnology AG, Leadscope, Inc., Nimbus Discovery LLC, Rhenovia Pharma SAS, Schrodinger, and Simulation Plus, Inc.

For More Insights, Read: https://www.newswirestats.com/soft-tissue-repair-market-demand-growth-and-regional-outlook-by-2030/

Related Reports: https://masstamilan.in/cancer-therapy-the-future-looks-promising/


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