Collateral Ligament Stabilizer System Market – Dynamics
Increase in sports injury and growing geriatric population fueling growth of collateral ligament stabilizer system market. There is an increase in adoption of sports such football, baseball, athletics, and rugby, which has increased interest among people and it has also raised the sports injury especially for those who are in direct contact sports they are more prone to collateral ligament injury.
According to Stanford Children’s Health Report, around 3.5 million sports injuries reported every year, in turn fueling growth of the collateral ligament stabilizer system market. Musculoskeletal disorders such as Raynaud's syndrome and tarsal tunnel syndrome are also responsible for ligament injury. For instance, according to reports published by the WHO in 2019, one in two adult Americans live with a musculoskeletal condition in the U.S., which are responsible for weakening and damage of collateral ligaments supports the growth of collateral ligament stabilizer system market in near future.
Geriatric population is also one of the major factor for the growth of collateral ligament stabilizer system market due to weakening of ligaments and increase in orthopedic diseases such as arthritis for instance, according to reports published by the Centers of Disease Control and Prevention, by the year 2040, an estimated 78.4 million adults aged 18 years and older will be diagnosed arthritis in the U.S. which in turn is anticipated to increase the number of cases of collateral ligament injury or weakening, which affects the stability of knee joint is expected to fuels the collateral ligament stabilizer system market.
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