Global Orthopedic Soft Tissue Repair Market Size & Outlook

Cruciate ligaments repair was the largest segment with a revenue share of 40.39% in 2023. Horizon Databook has segmented the Global orthopedic soft tissue repair market based on rotator cuff repair, epicondylitis, achilles tendinosis repair, pelvic organ prolapse, gluteal tendon repair, cruciate ligaments repair, hip arthroscopy, biceps tenodesis covering the revenue growth of each sub-segment from 2018 to 2030.

Improvement in life expectancy has led to an increase in the geriatric population. It is expected to significantly boost in the forecasted period. Aging causes significant changes in the skeletal and neuromuscular systems that may lead to arthritis, weakened ligaments, and ACL tears. An increase in the geriatric population has led to a rise in the global demand for soft tissue repair surgeries.

Currently, the geriatric population is growing at an unprecedented rate.According to a report commissioned by the National Institute on Aging, a part of the National Institutes of Health, in 2016, 8.5% of the global population (617 million) was aged 65 years and over. Therefore, the need for acute and long-term healthcare services is increasing, which is driving the growth of the orthopedic soft tissue repair market globally.

The figure below depicts the change in population by age group in 2015 and 2050.Degenerative joint disorders majorly affect knees, hips, and ankles. According to an article published in the BMJ Publishing Group Ltd by the European League Against Rheumatism knee, and hip replacement procedures are performed in 85% of the patients suffering from osteoarthritis.