The Anterior Cruciate Ligament Repair Market is anticipated to register around ~10% CAGR from 2031

The Anterior Cruciate Ligament Repair Market is anticipated to register around ~10% CAGR from 2031

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Anterior Cruciate Ligament Repair Market

Anterior Cruciate Ligament Repair Market

Global Anterior Cruciate Ligament Repair Market is estimated to grow at a CAGR of ~10% during the forecast period ie 2022 – 2031

NEW YORK CITY, NEW YORK, UNITED STATES, Oct. 31, 2022 /EINPresswire.com/ — Research Nester released a report titled “Anterior Cruciate Ligament Repair Market: Global Demand Analysis and Opportunity Outlook to 2031” which offers a detailed overview of the global anterior cruciate ligament repair market in terms of market segmentation by graft type, application, end user, and by region.

Furthermore, for in-depth analysis, the report encompasses industry growth indicators, restraints, supply and demand risk, along with a detailed discussion on current and future market trends associated with the growth of the market.

The global ACL Repair market is anticipated to reach a CAGR of ~10% during the forecast period ie 2022 – 2031. The market is segmented on the basis of application into osteoarthritis, rheumatoid arthritis, trauma, and others. Of these, the osteoarthritis segment is anticipated to hold a substantial market share during the forecast period due to the increasing prevalence of osteoarthritis among the older population. In addition, it is also estimated that the growing global geriatric population will drive the growth of the market.

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The global anterior cruciate ligament repair market is projected to grow due to the increasing prevalence of sports injuries, coupled with rising cases of osteoarthritis and osteoporosis. Furthermore, the growing awareness among people about surgeries coupled with rising healthcare spending across the globe is expected to drive the growth of the market. According to World Bank statistics, 9,856% of global GDP was spent on healthcare in 2018.

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On the basis of geographical analysis, the global anterior cruciate ligament repair market is segmented into five main regions, including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa region. The market in the North American region is anticipated to gain the largest market share during the forecast period, due to the increasing prevalence of sports injuries, coupled with the rising incidence of bone-related diseases. According to data from the Center for Disease Control and Prevention (CDC), 18.8% of women over the age of 50 had osteoporosis in the neck of the femur or lumbar spine, while the rate for men was only 4.2%, in 2017-18. .

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The research is global in nature and covers a detailed analysis of the market in North America (USA, Canada), Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands, and Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark]Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand , Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa). In addition, the analysis comprising the market size, year-on-year growth and opportunity analysis, competitive study of market players, investment opportunities, demand for future prospects, etc. has also been covered and shown in the research report.

Increasing prevalence of bone-related injuries and illnesses to drive market growth

Orthopedic diseases, such as osteoporosis and arthritis, increase the risk of fractures. The knee fracture requires anterior cruciate ligament surgery. As a result, it is estimated that the increasing prevalence of these diseases will drive the growth of the market.

However, the high cost of surgeries and the lack of health awareness among the elderly population are expected to operate as a key restraint to the growth of the global ACL repair market during the forecast period.

This report also provides the existing competitive landscape of some of the key players in the global ACL market including company profile of Wright Medical Group NV, Arthrex, Inc., DJO, LLC, Smith & Nephew plc , Stryker Corporation, Mylan NV , Novartis International AG, Johnson & Johnson, GlaxoSmithKline plc and Merck & Co., Inc. The profile includes key company information including an overview of the business, products and services, key financials and news and recent developments. Overall, the report portrays a detailed overview of the global Anterior Cruciate Ligament Repair market which will help industry consultants, equipment manufacturers, existing players looking for expansion opportunities, new players looking for possibilities, and other parties. stakeholders to align their market-focused strategies according to the continuum and expected future trends.

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About Nester Research

Research Nester is a leading provider of strategic market research and consulting services. Our goal is to provide unparalleled, unbiased market insights and industry analysis to help industries, conglomerates, and executives make sound decisions for their future marketing, expansion, and investment strategy, etc. a suitable time is available through strategic minds. Our innovative thinking helps our clients make sound decisions to avoid future uncertainties.

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