SOFT TISSUE REPAIR MARKET ANALYSIS

Soft Tissue Repair Market, By Product Type (Synthetic, Allograft, Xenograft, and Alloplast), By Application (Breast Reconstruction, Hernia, Dermatology, Orthopedics, Dental, Vaginal Sling, and Others), By End User (Hospitals, Ambulatory Surgical Centers, and Clinics), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) -

Published In : Feb 2023
Code : CMI1694
Pages :190
Formats :
Excel and PDF
Industry : Biotechnology

Soft Tissue Repair MarketSize and Trends

The Global Soft Tissue Repair Market will be valued at 6,943.4 Million US$ in 2023 and is anticipated to exhibit a CAGR of 5.93% during the forecast period (2023-2030). Increasing product launches by major market players is expected to drive market growth over the forecast period.Moreover, aging population and increasing obesity rate are expected to boost the market growth during the forecast period. For example, in June 2022, according to the U.S. Food and Drug Administration (FDA) more than 1 million hernia treatments are performed each year in the U.S. Similar trends are observed in other developing and industrialized countries like USA, Canada, Japan, etc. Therefore, aging population and increasing obesity are expected to drive the global soft tissue repair market over the forecast period.

Figure 1. Global Soft Tissue Repair Market Share (%), By Product Type, 2023