New report on Soft tissues injuries involve damage to muscles, tendons and ligaments resulting in pain and inflammation. The soft tissue repair process is characterized by replacement of injured or destroyed tissues by healthy tissues. The current treatment options heavily rely on surgical procedures, which are not always successful. It is imperative to find superior, technologically advanced alternatives such as minimally invasive procedures and rapid healing products. The major factors driving the global soft tissue repair market are global rise in the count of geriatric population, obesity and growing awareness for the treatment of tissue injuries. Moreover, rising incidences of sports related injuries and rising healthcare expenditure, are other factors that are likely to fuel the market growth. However, the high cost of treatment, lack of expertise, and an ambiguous reimbursement scenario are likely to curtail the market growth.
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The global soft tissue repair market is segmented on the basis of type, application and geography. According to type, the market is segmented into, Tissue Patch/Mesh such as Synthetic Mesh and Biological Mesh, Fixation Devices such as Suture Anchors, Interference Screw, Other Fixation Devices, and Laparoscopic Instruments. On the basis of application, the market is segmented into, Hernia Repair, Dural Repair, Breast Reconstruction, Skin Repair, Pelvic and Vaginal Prolapse repair, Orthopedic Repair and Dental Repair. Geographically, the market is segmented across four regions namely North America, Europe, Asia Pacific, and LAMEA. Acquisitions and product launch are some of the strategies adopted by key industry players. For instance, in Feb 2014, Smith & Nephew acquired ArthroCare Corp., a company engaged in the development of sports medicine and soft tissue repair products. Rotation Medical, has recently launched the Rotator Cuff Repair System with a bio inductive implant. The system is designed to induce the formation of new tendonous tissues, and is intended for use in mini-open and arthroscopic procedures. Similarly, Covidien, in Oct 2014, launched ReliaTack a laparoscopic, minimally invasive hernia repair device. The companies profiled in this report include, C.R Bard, Inc., Smith & Nephew plc, Wright Medical Group, Inc., Lifecell Corporation, Ethicon US, LLC., Arthrex, Inc., Lifenet Health, Inc., Medtronic plc, Integra Lifesciences Corporation and American Medical Systems Inc.
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KEY MARKET SEGMENT:
Global Soft Tissue Repair Market – By Type
Global Soft Tissue Repair Market – By Application
Global Soft Tissue Repair Market – By Geography
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