Market revenue in 2023 | USD 22.2 million |
Market revenue in 2030 | USD 42.2 million |
Growth rate | 9.6% (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 |
Cruciate ligaments repair was the largest segment with a revenue share of 40.09% in 2023. Horizon Databook has segmented the UAE 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.
Key factors anticipated to drive the market over the forecast period are high prevalence of osteoporosis and obesity in the country owing to vitamin D and calcium deficiency. According to the recent estimates provided in a new article published by Al Nisr Publishing LLC, nearly 70% of the UAE population suffers from vitamin D and calcium deficiency, which increases prevalence of osteoporosis in people beyond the age of 60.
In addition, incidence of road accidents & related fatality as well as soft tissue damage caused due to them is another factor impelling market growth. For instance, in 2016, there were around 725 deaths due to road accidents in the country.
Furthermore, high adoption of sedentary lifestyle creates high risk of developing musculoskeletal disorders. Rise in these disorders is further anticipated to drive the market for orthopedic soft tissue repair over the forecast period. However, lack of awareness in the country regarding bone health is anticipated to limit growth.
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