Lucintel Forecasts the Global Meniscus Repair System Market to Reach$628.4 million by 2030
Lucintel Forecasts the Global Meniscus Repair System Market to Reach$628.4 million by 2030
Blog Article
According to a market report by Lucintel, the future of the global meniscus repair system market looks promising with opportunities in the hospital and ambulatory surgical center markets. The global meniscus repair system market is expected to reach an estimated $628.4 million by 2030 from $409.5million in 2024,at a CAGR of 7.4% from 2024 to 2030. The major drivers for this market are increased prevalence of meniscal tears, increased public awareness of meniscus repair options and demand for minimally invasive procedures, and increased focus on sports medicine and athlete rehabilitation creates a demand for effective and efficient meniscus repair solutions.
A more than 150-page report to understand trends, opportunity and forecast in meniscus repair system market to 2030 by product (all inside meniscal repair system, inside out meniscal repair system, outside in meniscal repair system, and meniscal root repair system), application (radial tear, horizontal tear, vertical tear, complex tear, and others), end use (hospitals, ambulatory surgical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the application category, complex tear is expected to witness the highest growth over the forecast period due to increase in the number of complicated tears caused by sports injuries.
Within the end use category, hospital is expected to witness the higher growth due to the presence of qualified medical professionals in hospitals helps to give better services to patients, rise in patient admission in hospitals, and growth in the number of meniscus repair surgeries.
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In terms of regions, North America will remain the largest region over the forecast period due to increase in the number of people suffering from orthopedic illnesses such osteoarthritis and sports injuries.
CONMED, Stryker, Arcuro Medical, Johnson & Johnson, ChetanMeditech, Smith & Nephew, Double Medical Technology, HealthiumMedtech, Arthrex, Zimmer Biomet are the major suppliers in the meniscus repair system market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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