Orthopedic Soft Tissue Repair Market Driven by Healthcare Awareness with CAGR of 6.3% from 2021 to 2028.
Orthopedic Soft Tissue Repair Industry Overview The global orthopedic soft tissue repair market size was valued at USD 5.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.3% from 2021 to 2028. Increasing incidence of soft tissue injuries due to growth in the aging population, obesity rate, sports and physical activity injuries, and trauma accidents is likely to propel market growth over the forecast period. In addition, innovations in new therapies and devices, growing R&D activities, and increasing healthcare awareness and per capita expenditure with a lack of substitutes for soft tissue repair therapies, are other factors expected to drive the demand for orthopedic soft tissue repair therapies. The introduction of new developing technologies, such as biological meshes, bioprinting, and biofabrication, is also expected to bolster market growth. For instance, CoNextions TR by CoNextions Medical provides a fast surgical process, stronge...