MENISCUS REPAIR SYSTEMS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Meniscus Repair Systems Market, By Product Type (All-Inside Repair Devices, Outside-In Repair Devices, Inside-Out Repair Devices, Meniscal Scaffolds, Accessories), By Repair Type (Normal Repair, Radial Repair, Horizontal Repair, Vertical Repair, Complex Repair, Root Repair, Others), By Application (Knee Joint Repair, Shoulder Joint Repair, Hip Joint Repair, Ankle Joint Repair, Elbow Joint Repair, Others), By End User (Hospitals, Ambulatory Surgery Centers, Orthopedic and Sports Clinics, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Recent Developments:

New product launches:

In January 2022, Stryker launched the Axess Meniscal Repair System, an automated all-inside meniscal repair device for radial, bucket handle, and complex tears. The intuitive handles provide control and flexibility during tissue approximation and suture fixation.
In September 2021, Johnson & Johnson Medical Devices launched the VELYS Robotic-Assisted Solutions for knee surgeries, including meniscal cartilage repair procedures. The AI-powered robotic system provides real-time intraoperative guidance for improved accuracy and patient outcomes.
In June 2020, Medical Devices Business Services, Inc. (MDBS) launched the Citrelock all-inside meniscal repair device, featuring a unique self-closing, knotless implants made of proprietary citrelock material for secure fixation strength and biocompatibility.

Acquisition and partnerships:

In May 2022, Johnson & Johnson Medical Devices acquired Orthotaxy, developer of software-enabled surgery technologies including Meniscus Reconstruction System for automated all-inside meniscus repair procedures.
In April 2021, Stryker partnered with Ortho Sensor to integrate their Verasense intraoperative sensor technology with Stryker's powered instruments for advanced visualization during meniscus repairs.
In January 2020, Smith & Nephew acquired Tusker Medical, expanding its portfolio with Tussle tethered suture technology for all-inside meniscus repair procedures requiring more fixation strength.