Artificial Tendons and Ligaments Market Analysis Report By Application (Knee Injuries, Shoulder Injuries, Foot & Ankle Injuries), By End Use (Hospitals & Clinics, ASCs), And Segment Forecasts, 2019 - 2025

Published: Feb, 2019 | Pages: 90 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global artificial tendons and ligaments market size is anticipated to reach USD 39.7 million by 2025 at an 11.3% CAGR during the forecast period, according to a new report by Grand View Research, Inc. Adoption of artificial grafts is on a rise owing to several benefits over autologous and allogenic grafts, such as high tensile strength, no immune reaction, and abrasion resistance. Increase in number of sports injuries, coupled with rising government efforts to create awareness about sports injuries and available medical reimbursements, is anticipated to fuel market growth.

For instance, the Government of Finland in collaboration with UKK Institute has been conducting a 'LiVE-program' since 2016 to improve safety in sports increase awareness about injury risks, sports training, and content of physical activity sessions. Over the past several decades, increase in participation of children and adolescents has been observed in various sports such as football, soccer, bicycles, handball, basketball, and volleyball. Moreover, increase in awareness about physical fitness among people will contribute to market growth.

Other factors likely to contribute to market growth include rising preference for minimally invasive surgery, continuous advancements in surgical procedures, and growing funding and research activities to develop novel materials for synthetic tendons and ligaments. Moreover, positive outcomes reported through various clinical trials pertinent to usage of artificial ligaments will accelerate growth in the near future. For instance, according to a study published in 2017 in NCBI, patients treated with artificial ligament after femoral tumor resection and reconstruction procedures exhibited a more stable hip joint and more active range of movement as compared to patients who did not received a synthetic ligament.

Further key findings from the report suggest:

• The knee injuries segment held a major share in 2018 owing to increase in incidences of knee injuries, coupled with faster recovery observed with the use of artificial ligaments in comparison to autologous or allogenic grafts

• The hospitals and clinics end-use segment is expected to hold a significant share during the forecast period. Growth of the segment can be attributed to higher readmission rate for treatment of ACL reconstruction procedures and collaborative activities between key players and orthopedic clinics to create awareness about artificial tendons and ligaments.

• As of 2018, Europe accounted for the largest market share. Surge in number of sports injuries among young athletes, rising geriatric population prone to orthopedic disorders, and presence of key players in the region will boost the regional market

• The U.K. artificial tendons and ligaments market is expected to grow substantially over the forecast period. This growth is predicted to be majorly driven by increasing adoption of artificial tendons and ligaments, rising incidence of accidents, R&D of innovative product design, and favorable patient demographics.

• Growing healthcare expenditure, coupled with rising penetration of health insurance in Latin America and Asia Pacific countries such as China, India, Brazil, and Argentina are providing considerable growth opportunities to market players

• Industry players have been involved R&D activities to deliver novel products in the market. Companies are also strategically involved in expanding their geographical presence through distribution agreements to expand their customer base.

 Table of Contents

Chapter 1 Report Scope
                   1.1 Segment Market Scope
                   1.2 Regional Scope
                   1.3 Estimates & Forecast Timeline

Chapter 2 Research Methodology
                   2.1 Model Details
                       2.1.1 Regression and variable analysis
                       2.1.2 Total addressable market (TAM)
                   2.2 Information Procurement
                   2.3 List Of Primary Sources
                       2.3.1 Purchased database:
                       2.3.2 GVR's internal database
                   2.4 Primary Interview Breakup
                       2.4.1 Data for primary interviews, by sources
                       2.4.2 Data for primary interviews, by region
                   2.5 List Of Secondary Sources

Chapter 3 Report Objectives
                   3.1 Objectives

Chapter 4 Executive Summary
                   4.1 Market Summary

Chapter 5 Artificial Tendons and Ligaments Market: Industry Outlook
                   5.1 Market Variable Analysis
                   5.2 Market Driver Analysis
                       5.2.1 Increasing incidences of sports injuries
                       5.2.2 Rising research activities on artificial tendons and ligaments
                       5.2.3 increasing preference for minimally invasive surgeries
                   5.3 Market Restraints Analysis
                       5.3.1 Presence of alternative procedures and high failure rate of surgeries
                   5.4 Business Environment Analysis Tools
                       5.4.1 Artificial Tendons and Ligaments Market - SWOT Analysis, By Factor (Political & Legal, Economic And Technological)
                       5.4.2 Porter's Five Forces Analysis
                       5.4.3 Penetration Index Analysis Based on Type of Graft
                       5.4.4 Product Competition Matrix

Chapter 6 Competitive & Vendor Landscape
                   6.1 Market Participation Categorization
                       6.1.1 Market leader
                       6.1.2 Innovators

Chapter 7 Artificial Tendons and Ligaments Market: Application Analysis
                   7.1 Application Business Analysis
                   7.2 Knee Injuries
                       7.2.1 Knee injuries estimates and forecasts, 2014 - 2025 (USD Million)
                   7.3 Shoulder Injuries
                       7.3.1 Shoulder Injuries market estimates and forecasts, 2014 - 2025 (USD Million)
                   7.4 Foot and Ankle Injuries
                       7.4.1 Foot and Ankle Injuries market estimates and forecasts, 2014 - 2025 (USD Million)
                   7.5 Others
                       7.5.1 Others market estimates and forecasts, 2014 - 2025 (USD Million)

Chapter 8 Artificial Tendons and Ligaments Market: End-use Analysis
                   8.1 End-use Business Analysis
                   8.2 Hospitals & Clinics
                       8.2.1 Hospitals & Clinics estimates and forecasts, 2014 - 2025 (USD Million)
                   8.3 ASCs
                       8.3.1 ASCs market estimates and forecasts, 2014 - 2025 (USD Million)

Chapter 9 Artificial Tendons and Ligaments Market: By Application, By End-use, and Regional Analysis
                   9.1 North America
                       9.1.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                       9.1.2 U.S.
                           9.1.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                       9.1.3 Canada
                           9.1.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                   9.2 Europe
                       9.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                       9.2.2 Germany
                           9.2.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                       9.2.3 U.K.
                           9.2.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                   9.3 Asia Pacific
                       9.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                       9.3.2 China
                           9.3.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                       9.3.3 India
                           9.3.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                       9.3.4 Japan
                           9.3.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                   9.4 Latin America
                       9.4.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                       9.4.2 Mexico
                           9.4.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                       9.4.3 Brazil
                           9.4.3.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                   9.5 MEA
                       9.5.1 Market estimates and forecasts, 2014 - 2025 (USD Million)
                       9.5.2 South Africa
                           9.5.2.1 Market estimates and forecasts, 2014 - 2025 (USD Million)

Chapter 10 Company Profiles
                   10.1 Key Company Profiles
                   10.2 Corin
                       10.2.1 Company overview
                       10.2.2 Financial performance
                       10.2.3 Product benchmarking
                       10.2.4 Strategic initiatives
                   10.3 Xiros Ltd.
                       10.3.1 Company overview
                       10.3.2 Product benchmarking
                       10.3.3 Strategic initiatives
                   10.4 Cousin Biotech
                       10.4.1 Company overview
                       10.4.2 Financial Performance
                       10.4.3 Product Benchmarking
                       10.4.4 Strategic initiatives
                   10.5 Orthomed
                       10.5.1 Company Overview
                       10.5.2 Product Benchmarking
                       10.5.3 Strategic initiatives
                   10.6 FX Solutions S.A.S.
                       10.6.1 Company Overview
                       10.6.2 Product Benchmarking
                       10.6.3 Strategic Initiatives
                   10.7 Shanghai Pine & Power Biotech Co., Ltd.
                       10.7.1 Company Overview
                       10.7.2 Product Benchmarking
                       10.7.3 Strategic Initiatives
                   10.8 Mathys AG Bettlach
                       10.8.1 Company Overview
                       10.8.2 Product Benchmarking
                       10.8.3. Strategic Initiatives
                   10.9 Artelon
                       10.9.1 Company Overview
                       10.9.2 Product Benchmarking
                       10.9.3 Strategic Initiatives

List of Tables

Table 1 Country share estimation
Table 2 North America artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million)
Table 3 North America artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million) 
Table 4 U.S. artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million) 
Table 5 U.S. artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million) 
Table 6 Canada artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million) 
Table 7 Canada artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million) 
Table 8 Europe artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million) 
Table 9 Europe artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million) 
Table 10 Germany artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million) 
Table 11 Germany artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million) 
Table 12 U.K. artificial tendons and ligaments market, by technology, 2014 - 2025 (USD Million) 
Table 13 U.K. artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million) 
Table 14 Asia Pacific artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million) 
Table 15 Asia Pacific artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million) 
Table 16 China artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million) 
Table 17 China artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million) 
Table 18 India artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million) 
Table 19 India artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million) 
Table 20 Japan artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million) 
Table 21 Canada artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million) 
Table 22 Latin America artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million) 
Table 23 Latin America artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million) 
Table 24 Mexico artificial tendons and ligaments market, by technology, 2014 - 2025 (USD Million) 
Table 25 Mexico artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million) 
Table 26 Brazil artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million) 
Table 27 Brazil artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million)
Table 28 MEA artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million) 
Table 29 MEA artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million)
Table 30 South Africa artificial tendons and ligaments market, by application, 2014 - 2025 (USD Million) 
Table 31 South Africa artificial tendons and ligaments market, by end-use, 2014 - 2025 (USD Million)

List of Figures

Fig.1 Market segmentation
Fig.2 Market research process
Fig.3 Value chain-based sizing & forecasting
Fig.4 QFD modelling for market share assessment
Fig.5 Components: TAM
Fig.6 Information procurement
Fig.7 Primary interviews, by sources
Fig.8 Primary interviews, by region
Fig.9 Artificial tendons and ligaments market revenues, 2018 (USD Millions)
Fig.10 Market trends & outlook
Fig.11 Market driver relevance analysis (Current & future impact)
Fig.12 Market driver relevance analysis (Current & future impact)
Fig.13 Artificial tendons and ligaments market - SWOT analysis, by factor (political & legal, economic and technological)
Fig.14 Porter's five forces analysis
Fig.15 Penetration index
Fig.16 Market participant categorization
Fig.17 Artificial tendons and ligaments market application outlook: Key takeaways
Fig.18 Artificial tendons and ligaments market: Application movement analysis
Fig.19 Global knee injuries market, 2014 - 2025 (USD Million)
Fig.20 Global shoulder injuries market, 2014 - 2025 (USD Million)
Fig.21 Global foot and ankle injuries market , 2014 - 2025 (USD Million)
Fig.22 Global others market, 2014 - 2025 (USD Million)
Fig.23 Artificial tendons and ligaments market end-use outlook: Key takeaways
Fig.24 Artificial tendons and ligaments market: End-use movement analysis
Fig.25 Global hospitals & clinics market, 2014 - 2025 (USD Million)
Fig.26 Global ASCs market, 2014 - 2025 (USD Million)
Fig.27 Regional market place: Key takeaways
Fig.28 Regional outlook, 2014 - 2025(USD Million)
Fig.29 North America artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.30 U.S. artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.31 Canada artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.32 Europe artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.33 Germany artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.34 U.K. artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.35 Asia Pacific artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.36 China artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.37 India artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.38 Japan artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.39 Latin America artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.40 Mexico artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.41 Brazil artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.42 MEA artificial tendons and ligaments market, 2014 - 2025 (USD Million)
Fig.43 South Africa artificial tendons and ligaments market, 2014 - 2025 (USD Million)