Cruciate Ligament Repair Procedures Market: Trends, Innovations & Forecast
The global cruciate ligament repair procedures market size is anticipated to reach USD 21.7 billion by 2030, according to a new report by Grand View Research, Inc., growing at a notable CAGR of 7.2% from 2023 to 2030. The increasing incidence of ACL injuries drives the demand for cruciate ligament correction surgeries. Aperion Biologics' reveals that approximately 2.6 million anterior cruciate ligament (ACL) injuries are reported annually, with around 800,000 ACL repair surgeries performed globally. Moreover, the growing participation of younger individuals in sports activities and the continued involvement of players with a history of ACL injuries are among the factors expected to fuel the demand for ACL reconstruction procedures. According to the World Health Organization (WHO), the COVID-19 pandemic had a negative impact on sports medicine and sports surgery. However, experts in arthroplasty and sports medicine used discontinuing unnecessary procedures durin...