North America orthopedic soft tissue repair market is accounted to reach USD 4,665.52 million by 2024, from USD 2,750.59 million in 2016 growing at a CAGR of 6.9% in the forecast period 2017 to 2024.
The major factors driving the growth of this market are the increasing rate of accident & injuries, growth in aging population and rising healthcare expenditure. On the other hand, lack of awareness may hinder the growth of the market. On the other hand, lack of awareness may hinder the growth of the market. The orthopedic soft tissue repair market in the North America region is leading in U.S.
The key market players for North America orthopedic soft tissue repair market are listed below;
by Depuy Synthes (J&J),
Medtronic,
Smith & Nephew PLC
The market is further segmented into;
product type,
procedure,
end user
The North America orthopedic soft tissue repair market is segmented on the basis of product type, procedure, end user. On the basis of product type, North America orthopedic soft tissue repair market is segmented into fixation devices, tissue patch and laparoscopic instruments. In 2017, fixation devices is expected to dominate the North America orthopedic soft tissue repair market with 52.7% market share and is expected to reach USD 2603.45 million by 2024, growing at the highest CAGR of 7.8% in the forecast period 2017 to 2024.
On the basis of procedure, the North America orthopedic soft tissue repair market is segmented into anterior cruciate ligament (ACL), rotator cuff, vaginal prolapse, lateral epicondylitis, Achilles and gluteal tendon. In 2017, ACL is expected to dominate the North America orthopedic soft tissue repair market with 47.5% market share and is expected to reach USD 2,296.11 million by 2024, growing at the highest CAGR of 7.5% in the forecast period 2017 to 2024.
On the basis of end user, the North America orthopedic soft tissue repair market is segmented into hospitals, ambulatory center and orthopedic clinics. In 2017, hospitals is expected to dominate the North America orthopedic soft tissue repair market with 46.6% market share and is expected to reach USD 2,322.20 million by 2024, growing at the highest CAGR of 7.9% in the forecast period 2017 to 2024.
Based on geography, North America orthopedic soft tissue repair market is segmented into geographical regions, such as,
U.S.,
Canada
Mexico
Covered in this report
The report covers the present scenario and the growth prospects of the North America orthopedic soft tissue repair market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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