Due to the COVID-19 pandemic, the global Artificial Tendons and Ligaments market size is estimated to be worth US$ 17 million in 2021 and is forecast to a readjusted size of US$ 31 million by 2028 with a CAGR of 7.7% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Artificial Tendons and Ligaments market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Artificial Tendons and Ligaments landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Europe is expected to account for the largest share of the market in 2018. The artificial tendons and ligaments market for Europe is driven by the increasing number of government initiatives to encourage sports; growing number of conferences, meetings, symposia, and workshops to showcase the latest sports technologies in the UK; increasing sports-related injuries; rising cases of knee replacements; the growing medical devices industry; minimal out-of-pocket expenditure for medical devices; agreements between organizations, universities, and companies in Germany; presence of key players in Europe; increasing aging population; growing initiatives to increase the awareness about artificial tendons and ligaments in France; improving healthcare structure in Russia; and rising medical tourism in Turkey.
This report focuses on Artificial Tendons and Ligaments volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Artificial Tendons and Ligaments market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Artificial Tendons and Ligaments Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Artificial Tendons
Artificial Ligaments
Segment by Application
Knee Injuries
Shoulder Injuries
Foot and Ankle Injuries
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Lars
Neoligaments (Xiros)
Cousin Biotech
FX Solutions
Orthomed
Shanghai Pine&Power Biotech
Mathys