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Global Suture Anchor Device market growing at a CAGR of XX%.

Wednesday, March 1, 2017 1:48
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(Before It's News)

Global Suture Anchor Device market is estimated at $XX million in 2015 and is expected to reach $XX million by 2022 growing at a CAGR of XX% from 2015 to 2022. The market is driven mainly by the advancement in technology. Factors such as rising ageing population, increase in obese population causing orthopaedic injuries and the growing cases of sports injuries, low substitutes for the soft tissue, and the increasing healthcare expenditure are the factors driving the market in the upcoming years. Strict Government Regulations, lack of reimbursement and high cost for surgical procedures are restraining the market.

By End User, the hospitals segment is projected to record the highest market share in the global market for suture anchor device market. Geographically North America dominated the market owing to good reimbursement policies for surgical procedures followed by Europe.

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Some of the key players in the market are Tornior, Arthrex, Smith and Nephew, Wright Medical, Biomet, ConMed, Depuy Synthes and Parcus Medical.

Products Covered:
• Nonabsorbable
• Absorbable
Indications Covered:
• General Surgery
• Orthopedic Surgery
End Users Covered:
• Hospitals
• Ambulatory Surgical Centers
• Clinics
• Acute care centers

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