Overview

Soft Tissue Anchors Market is predicted to register a CAGR of over 6% during the forecast period 2022 to 2028.

Rise in the number of surgical procedures, growing geriatric population, increased prevalence of trauma-related disorders are some of the key factors responsible for the growth of the market. Furthermore, growing cases of sport-related injuries, increased rate of obesity and soaring expenditure on healthcare are some other factors contributing to the soft tissue anchors market growth. Additionally, the rise in the number of launched products and consolidation of industries shall bolster the proliferation of the market. These products provide enhancements in strength, biocompatibility and improvements in aesthetics. Conversely, these surgeries are expensive and the reimbursement policies are unfavourable, which shall possibly impede the proliferation of the market.

Soft Tissue Anchors Market Segmentation:

By Product Type
• Metallic Suture Anchors
• PEEK Suture Anchors
• Bio-Composite Suture Anchors
• Others

By End Users
• Hospitals
• Clinics
• Emergency Medical Services
• Others

By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

The market is classified into product type, end user and region. The product type segment is categorised into metallic suture anchors, PEEK suture anchors, bio-composite suture anchors and others. The end user segment is diversified into hospitals, clinics, emergency medical services and others.

Regional Analysis:
The North America region is expected to dominate the market during the forecast period owing to the growing geriatric population and increasing cases of trauma along with a strong presence of key market players in the region. Furthermore, favourable reimbursements for cardiovascular, orthopaedic and other tissue related problems.

Competitive Landscape:
Some of the key market players are Zimmer Biomet, DePuy Synthes, Medtronic, Stryker, Smith and Nephew, MedShape Inc., ConMed Corp., Arthrex Inc., Wright Medical Group, Teknimed SA, Parcus Medical, Biotek Medical, Groupe Lepine, HNM Medical, In2Bones SAS.

FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key market trends
• Key data-points affecting market growth

Objectives of the Study:
• To provide with an exhaustive analysis on the global soft tissue anchors market by product type, by end user and by region
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
• To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions

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