Cruciate Ligament Repair Procedures Market: Introduction

  • Cruciate ligaments are a pair of ligaments that hold the bones of the knees together. Cruciate ligaments are also called cruciform ligaments as they are arranged in a crossed or an X formation.
  • In a cruciate ligament repair surgery, a surgical tissue graft is used to replace the torn or injured cruciate muscles. The most common grafts are autografts using part of your own body, such as the tendon of the kneecap (patellar tendon) or one of the hamstring tendons, or the quadriceps tendon above the kneecap. Another choice is allograft tissue, which is taken from a deceased donor.

Key Drivers and Restraints of Global Cruciate Ligament Repair Procedures Market

  • As the age progresses, the synovial fluid between the knee joint starts drying out which can lead to higher friction for the cartilage, bones, and the ligament. This leads to arthritis and other complications which require knee replacement procedures. Furthermore, other connective tissues such as ligaments attached to the bones become less flexible and more constrained. These factors are expected to drive the demand for cruciate ligament repair procedures among the geriatric population.

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  • Lifestyle changes along with changes in eating habits lead to increase in obesity, which puts pressure on the joints in lower extremity and leads to joint damage and other joint disorders. Increase in percentage of elderly and obese populations is likely to propel the number of cruciate ligament repair procedures during the forecast period.
  • According to the U.S. Department of Health & Human Product estimates, the U.S. is likely to have about 72.1 million geriatric population by 2030, which is more than twice the number in 2000. According to the American Association of Orthopedic Surgeons, the obese population is 20 times more likely to undergo knee replacement surgery when compared to those who are not overweight.

Anterior Cruciate Ligament (ACL) Repair Segment to Lead Global Market

  • The global cruciate ligament repair procedures market can be segmented based on procedure type, indication, and region
  • Based on procedure type, the global cruciate ligament repair procedures market can be divided into anterior cruciate ligament (ACL) repair and posterior cruciate ligament (PCL) repair. The anterior cruciate ligament (ACL) repair segment is expected to dominate the global market during the forecast period as anterior cruciate ligament is the more common type of the two ligaments to witness wear and tear.
  • In terms of indication, the global cruciate ligament repair procedures market can be classified into osteoarthritis, rheumatoid arthritis, trauma, and others

Asia Pacific to Present Lucrative Opportunities in Global Cruciate Ligament Repair Procedures Market

  • The global cruciate ligament repair procedures market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • The cruciate ligament repair procedures market in Asia Pacific is projected to expand at a relatively high growth rate during the forecast period, owing to increase in focus on development of health care infrastructure by the public as well as private hospitals, along with growing demand for affordable care from a significant base of patient population. Wide scope of development and rapidly urbanizing population offer strong business expansion potential to the emerging as well as established market players in this region, which is a major reason for the rapid growth of the cruciate ligament repair procedures market in Asia Pacific.

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Key Players Operating in Global Cruciate Ligament Repair Procedures Market

Leading players in the global cruciate ligament repair procedures market include:

  • Stryker Corporation
  • Smith & Nephew plc
  • DJO Global
  • Arthrex, Inc.
  • DePuy Synthes

Global Cruciate Ligament Repair Procedures Market: Research Scope

Global Cruciate Ligament Repair Procedures Market, by Procedure Type

  • Anterior Cruciate Ligament (ACL) Repair
  • Posterior Cruciate Ligament (PCL) Repair

Global Cruciate Ligament Repair Procedures Market, by End-user

  • Osteoarthritis
  • Rheumatoid Arthritis
  • Trauma
  • Others  

Global Cruciate Ligament Repair Procedures Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

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All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

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The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
  • Which regions will witness rise in new opportunities?
  • Which are the game-changing technologies being used to capture new revenue streams in the near future?
  • Which operational and tactical frameworks are being adopted by various players in gaining customer loyalty?
  • What is the current and expected intensity of competition the market in the near future?

Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

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Cruciate Ligament Repair Procedures Market