February 10, 2021
According to a recent study titled ‘Global Soft Tissue Repair Market Size study, by Type (Mesh/Tissue Patch, Soft Tissue Fixation Devices, Laparoscopic Instruments, and Others), By Application (Skin Repair, Orthopedic, Hernia Repair, Dental Reconstruction Repair, Breast Reconstruction Repair, and Others), and Regional Forecasts 2020-2027’, available with Market Study Report LLC, global soft tissue repair market is projected to record an appreciative growth rate through 2027.
Growing patient inclination towards minimally invasive techniques in line with escalating demand for enhanced tissue repair solutions is fueling global soft tissue repair market growth. Moreover, increasing incidences of soft tissue injury among the active geriatric population, rising participation in athletics & sports, increasing obesity, surging healthcare expenditure, and lack of viable alternative for soft tissue reconstruction surgeries are the other major rationales behind the industry growth. Further, the demand for soft tissue repairs is steadily shifting from traditional plastic mesh to biological mesh. Such innovative techniques, offering enhanced biocompatibility, increased aesthetics, and power, will augment the industry size in the coming years.
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For the uninitiated, soft tissue injury is referred to as damage to tendons, muscles and ligaments resulting in inflammation and pain. The soft tissue repair process entails the replacement of damaged tissues with healthy tissues. Low success rate of conventional surgical procedures have led to rise of global soft tissue repair industry.
Despite the positive outlook of the industry, factors such high expense of surgical procedures, absence of insurance, unfavorable reimbursement policies, and lack of awareness in remote areas are negatively impacting the market dynamics.
Considering the regional outlook, Asia Pacific soft tissue repair market is slated to witness considerable gains over the forecast period with China as leading growth promoter. Rising medical tourism, rising income levels, and growing accessibility to healthcare are the key factors supporting the regional market expansion.
Leading players influencing global soft tissue repair market trends are American Medical Systems, Inc., C. R. Bard, Inc., Johnson & Johnson, Wright Medical Group N.V., Coviden (acquired by Medtronic plc), Organogenesis, Inc., LifeCell Corp., Integra LifeSciences Corp., Stryker Corp., and Smith and Nephew plc.