Tendon Repair Market size is expected to reach USD 4.0 billion by 2030

 Tendon Repair Industry Overview

The global tendon repair market was valued at USD 2.1 billion in 2021 and is expected to exhibit a compound annual growth rate (CAGR) of 7.5% during the forecast period.

 

Multiple tissue injuries are more common in the elderly. According to U.N. by 2050, people over sixty will account for more than 20% of the world population. A rotator cuff injury affects more than 40% of the total population aged sixty and up, according to an article published in the Advances in Orthopedic Surgery journal. Modernization has brought about changes in lifestyle and lack of physical activity, among other things, making the population more vulnerable to musculoskeletal problems and diseases. According to the World Health Organization (WHO) report of 2021, musculoskeletal conditions affect approximately 1.71 billion people worldwide. Low back pain is the most common musculoskeletal condition, affecting 568 million people worldwide.

 

Gather more insights about the market drivers, restrains and growth of the Global Tendon Repair Market

 

Tendon rips, fissures, sprains, and tensions have become more common due to the population's sedentary lifestyle. Obesity causes several ailments, the most frequent cardiovascular disease, and osteoarthritis, a degenerative joint condition. Obesity affects almost one billion individuals worldwide, including 650 million adults, 340 million teenagers, and thirty-nine million children. This figure is still rising. According to the World Health Organization (WHO), in 2022, about 167 million children and adults will be overweight or obese by 2025, putting their health at risk.

 

During the projection period, the rise in the incidence of sports-related injuries and the rapid growth in the number of athletes will be important impact-rendering drivers for the market. According to a John Hopkins Medicine article, thirty million individuals participate in organized sports, resulting in more than 3.5 million sports injuries annually in the United States alone, with sprains and strains being the most prevalent ailments. Sports injuries such as rotator cuff injuries, tennis elbow, and joint dislocation are more common in high-contact sports such as football.

 

Repetitive movements (in sports) and strains in sports such as tennis and water sports can also lead to sports injuries such as rotator cuff injuries, tennis elbow, and joint dislocation. Soccer, indoor track events and cross-country races caused the most lower leg injuries, according to an article published in the American Orthopaedic Foot & Ankle Society. Men were more susceptible than women to suffer from Achilles tendon injury.

 

According to the National SAFE KIDS Campaign and the American Academy of Paediatrics, more than 3.5 million children aged fourteen and younger get injured annually playing sports or participating in recreating activities. Football, basketball, pedal cycling, soccer, ice or roller skating, and skateboarding were the most common sports, with lower extremity injuries being more common in older age groups. The Orthopaedic Journal of Sports Medicine study showed that wearing a knee brace did not hinder physical performance. According to the estimates of a study published by Stanford Children's Health in 2020, 30 million children and teenagers participate in sports annually.

 

Browse through Grand View Research's Medical Devices Industry Research Reports

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Key Companies Profile

Some of the prominent players in the global tendon repair market include:

  • Stryker
  • Arthrex, Inc.
  • Medical Device Business Services, Inc.
  • CONMED Corporation
  • Integra LifeSciences
  • Smith+Nephew
  • TendoMed
  • BioPro, Inc
  • Aevumed
  • Alafair Biosciences
  • Amniotics AB
  • Amniox Medical, Inc
  • MIMEDX

 

Order a free sample PDF of Tendon Repair Market Intelligence Study, published by Grand View Research. 

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