participating in sports is around 4.9% and women participating in sports is around 2.3%. India has
various schemes for sports such as Khelo India, National Sports Development Fund, and Scheme
for promotion of sports among persons with disabilities, etc. According to Khelo India Program,
1000 students are selected every year, and they are offered a sponsorship of 5 lakhs for 8 years.
Such huge participation in sports is expected to boost the growth of global tissue repair market.
Increase in the number of geriatric population is also expected to drive growth of the market, as
they demand for good quality of life. Old population is susceptible to problems such as trauma, joint
replacement, and fractures, which can cause pain and uneasiness. According to the Census
conducted in Europe in 2016, there is an increase of 4.3% in geriatric population as compared to the
former years. This can further result in increment of patients for soft tissue repair surgeries and joint
replacement. Moreover, increasing number of accidents is boosting growth of the market.
According to a study conducted by US Department of Transportation in 2015, road accident
incidents have been increased by 3.8%.
However, expensive surgical procedures and low reimbursement programs can be a restraint to the
soft tissue repair market.
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tissue-repair-market-1694
Soft Tissue Repair Market Regional Analysis:-
According to the European Union government legislature, European government will be spending
almost 80 billion Euros on Research and Development to enhance a broad range of research
projects. According to American Joint Replacement Registry (AJRR), around 75% increase in
hospitals was reported and 41% increase in the number of surgeons from the year 2012 -2015,
hence there is an increment of 102% in the number of cases related to joint replacement. This can
increase the revenue of soft tissue repair market to a greater extent. According to Association of
South East Asia Nations (ASEAN), Asia Pacific is the fastest growing market for medical
technology market. In 2016, 105 – 120 million medical tourists visited Asia Pacific regions to seek
healthcare services. Medical Tourism of India accounts for 25% of the healthcare sector revenue.
National Institute of Health (NIH) from the U.S. is the key contributor of soft tissue repair market.
According to American cancer society, out of 252,710 cases of breast cancer, more than half of
them have opted for breast reconstruction. North America region is gaining significant traction in
the soft tissue repair market by manufacturing new products such as EZ Derm by Molnlycke
Healthcare, this product is used to dress wounds using pins and wires together or independently
with other fixation devices. These devices are used in spine and hip replacement surgeries.
Soft Tissue Repair Market Key players:-
One of the commonly used product for soft tissue reconstruction is XCM BIOLOGIC from DePuy
Synthes. It is a biologic tissue used to repair abdominal wall, it also repairs the defect of thoracic
wall and hernia surgery. Other uses include muscle flap reinforcement, soft tissue reconstructive
procedures, and suture line reinforcement. Key player operating in market include Life Cell
Corporation, Organogenesis, Smith And Nephew, Johnson And Johnson, Covidien, Arthrex Inc,
Integra Life Sciences Corporation, Stryker Medical Corporation, Wright Medical Technology, C. R.
Bard, De Puy Synthes, and American Medical Systems.
Soft Tissue Repair Market Taxonomy:-
The global soft tissue repair market is segmented on the basis of product type, application, end user,
and region.
By Product Type:-