Press release
Meniscus Repair System Market is Projected to Reach USD 929.1 Million by 2030: Cognitive Market Research
Meniscus Repair System Market is Projected to Reach USD 929.1 Million by 2030: Cognitive Market Research
What is a Meniscus Repair System?
Meniscus repair systems are surgical devices, which is used for meniscal allograft and meniscal repair transplant procedures. Meniscus repair systems include a set of special instruments and devices used in repairing the arthroscopic surgery of the meniscus. The various types of meniscus repair systems available in the market include outside-in meniscal repair systems, all-inside meniscal repair systems, and others. In addition, this system helps to enhance the function and stability of the knee joint.
Summary:
As per the study of CMR, the Global Meniscus Repair System market size stood at USD 491.2 Million in 2022 and will touch the mark of USD 929.1 Million by 2030. The global market is expected to expand at a CAGR of 8.3 % during the forecast period (2023-2030).
To know more about The Meniscus Repair System Market statistics click here: https://www.cognitivemarketresearch.com/meniscus-repair-systems-market-report
Market Dynamics:
Meniscus Repair System Market Drivers:
The increasing incidence of sports injuries, osteoarthritis prevalence, and a number of product approval and product launches for meniscus repair systems are the key factors expected to drive the growth of the meniscus repair systems market. In addition, an increasing number of patients suffering from osteoarthritis, which used the repairment and replacement of the meniscus is likely to drive the demand for the meniscus repair systems market.
Meniscus Repair System Market Opportunities:
Increasing research and development activities by major players in the meniscus repair system and implants will present growth opportunities for the meniscus repair systems market in the coming years. In addition, advancement in the meniscus repair systems technology is projected to create growth opportunities for the meniscus repair systems market.
Meniscus Repair System Market Restraints:
The increasing price of meniscus repair surgeries owing to the requirement for skilled surgeons and complexity is anticipated to hamper the growth of the meniscus repair systems market in the forecast period.
Market Segmentation:
Product:
• Meniscal root repair system
• Inside-out meniscal repair system
• All inside meniscal repair system
• Outside of the meniscal repair system
Based on the product, the all-inside meniscal repair system segment has the largest revenue share in the meniscus repair systems market. This is attributed to the advantages of an all-inside meniscus repair system permits the patient to regain mobility and return to normal activities with a quicker recovery time and preserving technique of the blood supply to the meniscus.
Application:
• Radial tear
• Vertical tear
• Complex tear
• Horizontal tear
• Others
Based on application, the complex tear segment has the major market share in the meniscus repair systems market. This is due to the growing incidence of complex tears owing to sports injuries is likely to drive the demand for the target market.
End User:
• Ambulatory Surgical Centers
• Hospitals
• Others
Based on end-user, the hospitals have the leading segment in the meniscus repair systems market. This is owing to the increasing availability of trained medical staff, patient admission in hospitals, number of meniscus repair surgeries projected to boost the growth of this segment.
Competitive Analysis of Meniscus Repair System Market: Stryker, Arthrex, Zimmer Biomet, Medtronic, Smith & Nephew, Johnson & Johnson (DePuy Synthes), Arcuro Medical, Conmed
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Regional Analysis:
North America accounted for the largest share of the meniscus repair systems market
North America has the largest revenue share in the meniscus repair systems market. This is owing to increasing advancement in meniscal repair systems adoption, and the geriatric population suffering from knee osteoarthritis in the region. In addition, the availability of well-established healthcare infrastructure and increasing knee injuries prevalence in the region is anticipated to fuel the demand for the meniscus repair systems market in the region.
Meniscus Repair System Market News:
Smith & Nephew plc has launched the FAST-FIX FLEX meniscal repair system
In July 2021, Smith & Nephew plc has launched the FAST-FIX FLEX meniscal repair system, which includes shafts and bendable needles. This is used in meniscus repair and provides long-term benefits to patients. This launch of the FAST-FIX FLEX Meniscal Repair System helps the company to increase a strong foothold in the meniscus repair system industry market.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Meniscus Repair Systems Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Meniscus Repair Systems Market Segmentation
1.5.1 Meniscus Repair Systems Market Regional Fragmentation
1.5.1 Meniscus Repair Systems Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Meniscus Repair Systems Market
• 3.1 Global Meniscus Repair Systems Market Size 2018 - 2030, (USD Million)
• 3.2 Global Meniscus Repair Systems Value, Absolute & Opportunity Analysis
• 3.3 Global Meniscus Repair Systems Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Meniscus Repair Systems Market Statistics 2022: Snapshot
Chapter 4 Global Meniscus Repair Systems Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Meniscus Repair Systems Market by Product Segmentation Analysis (2018-2030)
Chapter 10 Global Meniscus Repair Systems Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Meniscus Repair Systems Market by End User Segmentation Analysis (2018-2030)
Chapter 12 Global Meniscus Repair Systems Market Regional Analysis
Chapter 13 North America Meniscus Repair Systems Market Outlook (2018 - 2030)
Chapter 14 Europe Meniscus Repair Systems Market Outlook (2018 - 2030)
Chapter 15 Asia Pacific Meniscus Repair Systems Market Outlook (2018 - 2030)
Chapter 16 Latin America Meniscus Repair Systems Market Outlook (2018 - 2030)
Chapter 17 Middle East and Africa Meniscus Repair Systems Market Outlook (2018 - 2030)
Chapter 18 Research Findings
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To know more about The Meniscus Repair System Market TOC click here: https://www.cognitivemarketresearch.com/meniscus-repair-systems-market-report#table_of_contents
Related Report:
• Sports Medicines Market- https://www.cognitivemarketresearch.com/sports-medicines-market-report
• Orthopedic Medical Robots Market- https://www.cognitivemarketresearch.com/orthopedic-medical-robots-market-report
• Orthopedic Medical Imaging Market- https://www.cognitivemarketresearch.com/orthopedic-medical-imaging-market-report
• Meniscus Implant Market- https://www.cognitivemarketresearch.com/meniscus-implant-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operating across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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