SOFT TISSUE REPAIR MARKET ANALYSIS
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
Figure 2. Global Soft Tissue Repair Market Share (%), by Region, 2023
Soft Tissue Repair Market Report Snapshots
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