Product Code: GVR-3-68038-975-3
Cruciate Ligament Repair Procedures Market Growth & Trends:
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 during the pandemic as an opportunity to develop innovative methods for patient care and treatment options, as the Orthopedic Journal of Sports Medicine reported in November 2021. Despite these advancements, there is a concern that the increase in the waiting list for cruciate ligament repair procedures could widen the access gap and affect the market's growth rate in the coming years.
Furthermore, advances in technology have a significant impact on the field of cruciate ligament repair. This includes the development of minimally invasive surgical techniques, advanced imaging modalities for accurate diagnosis and preoperative planning, and innovative implant materials and devices. Technological developments improve the success rates of surgeries, shorten recovery times, and enhance patient satisfaction, driving the demand for cruciate ligament repair procedures. For instance, in March 2023, Arthrex, a US-based medical device company, designed the ACL TightRope surgical implant system to address orthopedic injuries, particularly ACL, in pediatric and young adolescent patients. Similarly, in September 2020, Ethicon, a Johnson & Johnson Medical Devices Companies division, introduced a new and user-friendly staple line reinforcement. This innovative device is designed for thoracic, bariatric, and general surgery procedures.
Cruciate Ligament Repair Procedures Market Report Highlights:
- In terms of procedure, the ACL segment held the largest share of 90.4% in 2022 due to the increasing incidence of ACL injuries as a result of sports and physical activities, the growing aging population, advancements in surgical techniques, and rising awareness about the importance of early intervention for knee injuries
- Based on end-use, the hospitals segment dominated the market with the largest revenue share of 47.0% in 2022. Several factors contribute to the dominance of hospitals in this market. These facilities offer all-encompassing healthcare services, equipped with state-of-the-art operating rooms, advanced imaging technologies, and fully equipped rehabilitation centers. This ensures precise diagnoses, accurate surgical procedures, and effective postoperative care
- North America led the global market for cruciate ligament repair with the largest revenue share of 27.1% in 2022. The region experiences a relatively high incidence of ACL injuries, primarily attributed to active sports participation and recreational activities. Also, the presence of robust healthcare insurance systems in North America ensures broader access to ACL treatment options, encouraging patients to seek medical intervention for ACL injuries
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation and Scope
- 1.2 Research Methodology
- 1.2.1 Information Procurement
- 1.3 Information or Data Analysis
- 1.4 Research Scope and Assumptions
- 1.5 Market Formulation & Validation
- 1.5.1 Country Market: CAGR Calculation
- 1.6 Country Based Segment Share Calculation
- 1.7 List of Data Sources
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Cruciate ligament repair procedures market Snapshot
- 2.3 Cruciate ligament repair procedures market Segment Snapshot
- 2.4 Cruciate ligament repair procedures market Competitive Landscape Snapshot
Chapter 3 Global Cruciate Ligament Repair Procedures Market Variables, Trends, & Scope
- 3.1 Penetration and Growth Prospect Mapping
- 3.2 Market Driver Analysis
- 3.2.1 Rising incidence of sports-related injuries
- 3.2.2 Increasing demand for minimally invasive procedures.
- 3.3 Market Restraint Analysis
- 3.3.1 High cost of procedures
- 3.4 Cruciate Ligament Repair Procedures Market Analysis Tools
- 3.4.1 Industry Analysis - PORTER'S
- 3.4.1.1 Threat of new entrants
- 3.4.1.2 Threat of substitutes
- 3.4.1.3 Bargaining power of suppliers
- 3.4.1.4 Bargaining power of buyers
- 3.4.1.5 Competitive rivalry
- 3.4.2 Industry Analysis - PEST
- 3.4.2.1 Political and Legal Landscape
- 3.4.2.2 Economic and Social Landscape
- 3.4.2.3 Environment and Technology Landscape
- 3.5 Cruciate Ligament Repair Procedures Market COVID-19 Impact
Chapter 4 Global Cruciate Ligament Repair Procedures Market: Procedure Type Estimates & Trend Analysis
- 4.1 Segment Dashboard
- 4.2 Cruciate Ligament Repair Procedures Market: Procedure Type Movement Analysis, 2022 & 2030 (USD Million)
- 4.3 Anterior Cruciate Ligament (ACL) Repair
- 4.3.1 Anterior cruciate ligament (ACL) repair market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4 Posterior Cruciate Ligament (ACL) Repair
- 4.4.1 Posterior cruciate ligament (ACL) repair market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5 Global Cruciate Ligament Repair Procedures Market: End-use Estimates & Trend Analysis
- 5.1 Segment Dashboard
- 5.2 Cruciate Ligament Repair Procedures Market: End-use Movement Analysis, 2022 & 2030 (USD Million)
- 5.3 Hospitals
- 5.3.1 Hospitals market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4 Ambulatory Surgical Centers
- 5.4.1 Ambulatory Surgical Centers market revenue estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5 Others
- 5.5.1 Others market revenue estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6 Global Cruciate Ligament Repair Procedures Market: Regional Estimates & Trend Analysis By Procedure Type and End-use
- 6.1 Cruciate Ligament Repair Procedures Market Share, By Region, 2022 & 2030 (USD Million)
- 6.2 North America
- 6.2.1 SWOT Analysis
- 6.2.2 North America cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.2.3 U.S.
- 6.2.3.1 U.S. cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.2.4 Canada
- 6.2.4.1 Canada cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.3 Europe
- 6.3.1 SWOT Analysis
- 6.3.2 Europe cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.3.3 UK
- 6.3.3.1 UK cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.3.4 Germany
- 6.3.4.1 Germany cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.3.5 France
- 6.3.5.1 France cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.3.6 Italy
- 6.3.6.1 Italy cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.3.7 Spain
- 6.3.7.1 Spain cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.3.8 Sweden
- 6.3.8.1 Sweden cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.3.9 Denmark
- 6.3.9.1 Denmark cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.3.10 Norway
- 6.3.10.1 Norway cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.4 Asia Pacific
- 6.4.1 SWOT Analysis
- 6.4.2 Asia Pacific cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.4.3 China
- 6.4.3.1 China cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.4.4 Japan
- 6.4.4.1 Japan cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.4.5 India
- 6.4.5.1 India cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.4.6 South Korea
- 6.4.6.1 South Korea cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.4.7 Australia
- 6.4.7.1 Australia cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.4.8 Thailand
- 6.4.8.1 Thailand cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.5 Latin America
- 6.5.1 SWOT Analysis
- 6.5.2 Latin America cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018- 2030 (USD Million)
- 6.5.3 Brazil
- 6.5.3.1 Brazil cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.5.4 Mexico
- 6.5.4.1 Mexico cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.5.5 Argentina
- 6.5.5.1 Argentina cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.6 Middle East & Africa
- 6.6.1 SWOT Analysis
- 6.6.2 MEA cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.6.3 South Africa
- 6.6.3.1 South Africa cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.6.4 Saudi Arabia
- 6.6.4.1 Saudi Arabia cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.6.5 UAE
- 6.6.5.1 UAE cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
- 6.6.6 Kuwait
- 6.6.6.1 Kuwait cruciate ligament repair procedures market estimates and forecasts, by procedure type, 2018 - 2030 (USD Million)
Chapter 7 Global cruciate ligament repair procedures market: Competitive Landscape
- 7.1 Strategy framework
- 7.2 Market participation categorization
- 7.3 Company Profiles
- 7.3.1 Zimmer Biomet
- 7.3.1.1 Company Overview
- 7.3.1.2 Financial Performance
- 7.3.1.3 Product Benchmarking
- 7.3.1.4 Strategic Initiatives
- 7.3.2 Stryker
- 7.3.2.1 Company Overview
- 7.3.2.2 Financial Performance
- 7.3.2.3 Product Benchmarking
- 7.3.2.4 Strategic Initiatives
- 7.3.3 Smith+Nephew
- 7.3.3.1 Company Overview
- 7.3.3.2 Financial Performance
- 7.3.3.3 Product Benchmarking
- 7.3.3.4 Strategic Initiatives
- 7.3.4 Arthrex, Inc.
- 7.3.4.1 Company Overview
- 7.3.4.2 Financial Performance
- 7.3.4.3 Product Benchmarking
- 7.3.4.4 Strategic Initiatives
- 7.3.5 Boston Scientific Corporation
- 7.3.5.1 Company Overview
- 7.3.5.2 Financial Performance
- 7.3.5.3 Product Benchmarking
- 7.3.5.4 Strategic Initiatives
- 7.3.6 B. Braun SE
- 7.3.6.1 Company Overview
- 7.3.6.2 Financial Performance
- 7.3.6.3 Product Benchmarking
- 7.3.6.4 Strategic Initiatives
- 7.3.7 athenahealth, Inc.
- 7.3.7.1 Company Overview
- 7.3.7.2 Financial Performance
- 7.3.7.3 Product Benchmarking
- 7.3.7.4 Strategic Initiatives
- 7.3.8 B. Wright Medical Group N.V.
- 7.3.8.1 Company Overview
- 7.3.8.2 Financial Performance
- 7.3.8.3 Product Benchmarking
- 7.3.8.4 Strategic Initiatives