Italy Orthopedic Soft Tissue Repair Market Size & Outlook
Italy orthopedic soft tissue repair market, 2018-2030 (US$M)
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Italy orthopedic soft tissue repair market highlights
- The Italy orthopedic soft tissue repair market generated a revenue of USD 170.6 million in 2023 and is expected to reach USD 298.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, cruciate ligaments repair was the largest revenue generating application in 2023.
- Cruciate Ligaments Repair is the most lucrative application segment registering the fastest growth during the forecast period.
Orthopedic soft tissue repair market data book summary
| Market revenue in 2023 | USD 170.6 million |
| Market revenue in 2030 | USD 298.1 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Cruciate ligaments repair |
| Fastest growing segment | Cruciate Ligaments Repair |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rotator Cuff Repair, Epicondylitis, Achilles Tendinosis Repair, Pelvic Organ Prolapse, Gluteal Tendon Repair, Cruciate Ligaments Repair, Hip Arthroscopy, Biceps Tenodesis |
| Key market players worldwide | Integra Lifesciences Holdings Corp, Arthrex, Smith & Nephew PLC, DePuy Synthes, Stryker Corp, Conmed Corp, Zimmer Biomet Holdings Inc, Boston Scientific Corp, B. Braun, Wright Medical Group |
Other key industry trends
- In terms of revenue, Italy accounted for 2.5% of the global orthopedic soft tissue repair market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK orthopedic soft tissue repair market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 704.0 million by 2030.
Cruciate ligaments repair was the largest segment with a revenue share of 42.44% in 2023. Horizon Databook has segmented the Italy 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.
Leading factors driving the Italian orthopedic soft tissue repair market are rise in the number of sportrelated injuries and growing geriatric population. Italy, as of 2019, had the largest geriatric population in Europe.
For instance, as per Statista, around 22.8% of the total Italian population is estimated to be above 65 years of age. According to an article published in the PubMed in January 2019, the number of cases of knee arthroscopy is increasing in all developed countries.
Moreover, the total number of surgeries have increased by 262% in just 16 years, with an average annual growth rate of 6.6%. The increasing number of sport-related injuries, especially fractures, is anticipated to drive the market further over the forecast period.
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Orthopedic Soft Tissue Repair Market Scope
Orthopedic Soft Tissue Repair Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy orthopedic soft tissue repair market size, by application, 2018-2030 (US$M)
Italy Orthopedic Soft Tissue Repair Market Outlook Share, 2023 & 2030 (US$M)
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