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Published Date: 2015-01-29Number of Pages: 101

U.S., Europe and Japan Orthopedic Soft Tissue Surgical Procedures Market (Rotator Cuff Repair, Vaginal Prolapse, Lateral Epicondylitis, Achilles Tendinosis Repair, Gluteal Tendon/Trochanteric Bursitis Repair and Anterior Cruciate Ligament (ACL) Reconstruction): Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Orthopedic soft tissue repair is a branch of medicine concerned with the diagnosis and treatment of damaged muscles, tendons and ligaments. Soft tissue injuries are commonly witnessed in adults, due to trauma, overuse of the tendon and recreational activities. Also, repetitive activities in sports lead to thinning of muscles over time, ultimately leading to injury. Trend of sports activities such as football, volleyball, cricket, baseball and others is increasing in the regions such as the U.S., Europe and Japan. According to the Centers for Disease Control and Prevention (CDC) there are around 2 million sports injuries, 50,000 doctor visits and 30,000 hospitalizations in the U.S. each year. Thus, high incidence of sports related injuries increase the demand for orthopedic soft tissue repair surgeries in these developed regions. Similarly, according to the United Nations, developed regions such as Europe and North America (the U.S. and Canada) have highest percentage of aged population and are expected to grow at a higher rate in the future. This population bracket which is at high risk for fractures and injuries would increase the demand for surgical intervention.
 
Likewise, growing trend of minimally invasive surgeries, increasing number of sports related association and advancements in orthopedic surgical products is also anticipated to stimulate the growth of orthopedic soft tissue surgical procedures market in the U.S, Europe and Japan. However, asymptomatic nature of soft tissue injuries such as anterior cruciate ligament rupture, achilles and lateral epicondylitis and treatment of these ruptures through conservative therapy would limit the market growth during the forecast period. 
 
The market of orthopedic soft tissue surgical procedures is categorized into surgeries such as rotator cuff repair, vaginal prolapse, lateral epicondylitis, achilles tendinosis repair, gluteal tendon and anterior cruciate ligament reconstruction. Amongst these, anterior cruciate ligament (ACL) reconstruction held the largest share of the market in 2013. It is witnessed that approximately more than 30% of the cases reported with ACL ruptures require surgical intervention. Thus, high rate of ACL surgical intervention coupled with high cost of the treatment are estimated as the key reasons for the dominance of this market segment. Rotator cuff repair market is expected to grow at a moderate CAGR in the future due to rising number of rotator cuff injuries and introduction of effective bioabsorbable products.
 
Based on geography, the orthopedic soft tissue surgical procedures market is divided into the U.S., Europe and Japan. The U.S. market for the orthopedic soft tissue surgeries is estimated as the largest market in terms of revenues and is also forecasted to retain its leadership position in the future. Increasing obesity and aging population coupled with rising sport related injuries contributed towards the leadership position of this market in the U.S. The Europe orthopedic soft tissue repair market is anticipated to witness slow growth rate owing to economic downturn and cost containment and lower out-of-pocket spending. Additionally, reduction in budget allocation by governments in Europe towards sports activities would also limit the market growth to a certain extent. For instance, the Federation of Irish Sports announced a reduction of around 7% in core sports funding in 2013.
 
Arthrex, Inc., Smith & Nephew plc, ArthroCare Corporation, DePuy Synthes, Inc., Biomet, Inc., Stryker Corporation, CONMED Corporation and others are some of the prominent players operating in orthopedic soft tissue repair market.
 

The orthopedic soft tissue surgical procedures market has been segmented into surgeries such as rotator cuff repair, vaginal prolapse, lateral epicondylitis, Achilles, gluteal tendon and anterior cruciate ligament. The orthopedic soft tissue surgical procedures market offers lucrative business opportunities in developed regions such as the U.S., Europe and Japan due to periodic launch of technologically advanced surgical products by key players and increasing number of injuries caused by sports such as basketball, football and baseball. For example, the American Orthopedic Society of Sport Medicine estimated that around 150,000 ACL injuries occur in the U.S. each year and the number of injuries is projected to increase in the near future. The aging population is at higher risk of developing orthopedic soft tissue injuries, and hence contributes significantly toward the expansion of the soft tissue repair market. The growing trend of minimally invasive surgeries and increasing number of patients opting for active lifestyle are also fueling the growth of the orthopedic soft tissue surgical procedures market. According to the United Nations, developed regions such as Europe and North America (the U.S. and Canada) have highest percentage of aging population and are expected to grow at a higher percentage in future. This would increase the number of patients undergoing orthopedic soft tissue repair surgeries, thereby boosting market growth. However, high cost of surgeries and availability of effective non-operative treatment options such as NSAIDS and casting material are anticipated to restrain market growth.
 
This report provides a detailed study of various orthopedic soft tissue surgeries such as rotator cuff, vaginal prolapse, lateral epicondylitis, Achilles, gluteal tendon and anterior cruciate ligament. The market size and forecast for the each region — the U.S., Europe and Japan — have been provided for all the orthopedic soft tissue repair surgeries mentioned above. The market size and forecast in terms of USD million for each surgery has been provided for the period from 2012 to 2020, considering 2013 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period from 2014 to 2020 for each segment.
 
The market overview section of the report discusses the market dynamics with respect to the market drivers, restraints and opportunities. This section also covers market attractiveness analysis, event impact analysis and regulatory scenario in the orthopedic soft tissue surgical procedures market. In addition, the market overview section includes 2010 incidence data of soft tissue surgeries in the U.S., Europe and Japan. Market share (%) of major players operating in the market has also been provided for the year 2013, followed by a list of recommendations for existing and new players to enter and enhance market share. The report concludes with the company profiles of key players operating in the various segments of the market. Each company profile includes business overview, financial overview, product portfolio, business strategies and recent developments. Prominent players that have been profiled in the report include Arthrex, Inc., Stryker Corporation, Smith & Nephew plc, DePuy Synthes, Inc., CONMED Corporation, Biomet, Inc. and Arthrocare Corporation.
 
The U.S., Europe and Japan orthopedic soft tissue surgical procedures market is segmented as follows:
  • U.S. Orthopedic Soft Tissue Surgical Procedures Market, by Indications
    • Rotator Cuff Repair
    • Vaginal Prolapse
    • Lateral Epicondylitis
    • Achilles Tendinosis Repair
    • Gluteal Tendon Repair
    • Anterior Cruciate Ligament (ACL) Reconstruction
  • Europe Orthopedic Soft Tissue Surgical Procedures Market, by Indications
    • Rotator Cuff Repair
    • Vaginal Prolapse
    • Lateral Epicondylitis
    • Achilles Tendinosis Repair
    • Gluteal Tendon Repair
    • Anterior Cruciate Ligament (ACL) Reconstruction
  • Japan Orthopedic Soft Tissue Surgical Procedures Market, by Indications
    • Rotator Cuff Repair
    • Vaginal Prolapse
    • Lateral Epicondylitis
    • Achilles Tendinosis Repair
    • Gluteal Tendon Repair
    • Anterior Cruciate Ligament (ACL) Reconstruction


 
 
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