U.S. Tendon Repair Market Size To Reach $1.15 Billion By 2030

U.S. Tendon Repair Market Growth & Trends

The U.S. tendon repair market size is anticipated to reach USD 1.15 billion by 2030 and it is projected to grow at a CAGR of 8.0% from 2024 to 2030, according to a new report by Grand View Research, Inc.  An increasing number of aging populations witnessing soft tissue injuries aided by rising geriatric population in the U.S. is propelling the growth of the tendon repair market. For instance, according to the U.S. Census Bureau, over 56 million adults 65 and older in the U.S., account for approximately 16.9% of the total population. Moreover, by 2030, the number is expected to rise to 73.1 million, around 1 in every five people.

Sports-related injuries are also on the rise as more people participate in some form of physical activity. Due to the nature of the sport, professional athletes, particularly older athletes, are more prone to tendons and other soft tissue tears and sprains. According to an article published by Johns Hopkins Medicine, approximately 30 million people take part in some organized sports, accounting for more than 3.5 million sports injuries each year in the U.S., with sprains and strains being the most common.

In addition, musculoskeletal diseases are a significant contributor to the patient pool in the U.S. Musculoskeletal diseases affect nearly one out of every two people in the U.S. aged 18 and up and nearly three out of every four people aged 65 and up. Trauma, back pain, and arthritis are the three most common musculoskeletal conditions reported, with millions of visits to doctors' offices, emergency rooms, and hospitals each year.

Moreover, recent advancements and approaches in orthopedic procedures brought a revolution in the management of soft tissue injuries. Most of the soft tissue injuries, including torn tendons, are treated with surgical repair and conservative approaches, including biophysical modalities like cryotherapy & physical rehabilitation. Recent developments by key market players to introduce advanced tendon and ligament repair solutions further facilitated market expansion. For instance, in January 2023, Zimmer Biomet planned to acquire Embody, a developer of collagen-based implants for ligament and tendon repair.

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U.S. Tendon Repair Market Report Highlights

• Based on application, the rotator cuff repair segment held the largest market share of 37.6% in 2023 owing to the rising prevalence of sports related injuries and the geriatric population

• Based on product type, the implants segment is anticipated to grow at the fastest CAGR in the tendon repair market attributed to the faster recovery and less compatible issues associated with implants

• Suture anchor devices segment accounted for largest revenue share in 2023 due to the higher strength of suture anchor devices

U.S. Tendon Repair Market Segmentation

Grand View Research has segmented the U.S. tendon repair market based on application and product type:

U.S. Tendon Repair Application Outlook (Revenue, USD Million, 2018 - 2030)

• Rotator Cuff Repair

• Achilles Tendinosis Repair

• Cruciate Ligament Repair

• Bicep Tenodesis

• Others

U.S. Tendon Repair Product Type Outlook (Revenue, USD Million, 2018 - 2030)

• Implants

• Suture Anchor Devices

• Grafts

• Matrix/Scaffolds

  • Tendon Repair

  • Tendon Protection Matrix/Scaffolds

• Screws

• Others

List of Key Players of the U.S. Tendon Repair Market

• Stryker

• Arthrex, Inc.

• CONMED Corporation

• Integra LifeSciences

• Smith+Nephew

• TendoMend

• Alafair Biosciences

• MiMedx

• DePuy Synthes, Inc.

• BioPro, Inc.

• Parcus Medical (Anika Therapeutics, Inc.)

• Aevumed, Inc.

• Amniotics AB

• BioTissue.