A ligament is a band of tissue that connects bone to bone. The collateral ligaments are located on the outside of the knee joint. These ligaments help to connect the bones of the upper and lower leg inside the knee joint. There are four primary ligaments in the knee. These ligaments act like strong ropes holding the bones together and keeping the knee stable. The medial collateral ligament is present on the sides of the knee which connect the femur to the tibia. The lateral collateral ligament connects the femur to the smaller bone in the lower leg. This ligament controls the side motion of the knee and prevents the knee against unusual movement. It can be injured by exertion of the knee and through non-contact injury such as hyperextension stress. A collateral ligament injury occurs when the ligaments are stretched or torn. A partial tear occurs when only a part of the ligament is torn. A complete tear occurs when the entire ligament is torn into two pieces. Injuries to lateral knee structures are less common than injuries to medial knee structures but lateral knee injuries may be more disabling because these structures are subjected to greater force during gait. The prominence of games, especially those including valgus knee stacking such as ice hockey, skiing, and football, has added to the successive occurrence of medial collateral ligament injuries.

The global market for collateral ligament stabilizer system is driven by growing prevalence of orthopedic diseases such as knee arthritis and rising geriatric population with low calcium density in the knee bone that leads to facture. However, high cost involved in the knee surgical and knee replacement is likely to hamper the growth of the market during the forecast period.

Based on ligament type, the global collateral ligament stabilizer system market is divided into medial collateral ligament and lateral collateral ligament. The medial collateral ligament segment is projected to expand at a significant growth rate as it is the most common ligamentous knee injury. In terms of imaging test, the market is categorized into magnetic resonance imaging, valgus stress test, and x-rays. The magnetic resonance imaging segment is growing at a faster rate than other segments due to its accurate and cost-effective means of evaluating a wide spectrum of knee injuries, ranging from cruciate-collateral ligament injuries to cartilage deficiencies of any age. In terms of treatment, the market is segmented into surgical treatment and non-surgical treatment. Surgical treatment such as arthroscopy surgery is growing at a significant rate as compared to other types of non-surgical treatment such as physiotherapy and bracing. The surgical healing rate is high within a short time of period and this attribute to growth of the segment. In terms of end-user, the market is classified into hospitals and orthopedic clinics. The hospitals segment holds a significant market share which is attributed to increasing patient preference due to availability of a wide range of tools, tests, and orthopedic surgeons under one roof.

Geographically, the collateral ligament stabilizer system market is distributed over North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America and Europe are expected to be the largest markets due to large geriatric population. Moreover, incidence of musculoskeletal disorders such as carpal tunnel syndrome is higher in these regions. The Asia Pacific market is expected to grow significantly during the forecast period due to growth of health care expenditure, rise in the number of health care facilities, and increase in sports injuries. The market growth in Middle East & Africa is driven by growing income and increasing prevalence of osteoarthritis.

Key players operating in the global collateral ligament stabilizer system market include DePuy Synthes, Arthrex, Bauerfeind, DJO Global LLC, and DeRoyal Industries Inc.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Collateral Ligament Stabilizer System Market