GVR Report cover Meniscus Repair Systems Market Size, Share & Trends Report

Meniscus Repair Systems Market Size, Share & Trends Analysis Report By Product Type (All-inside Meniscal Repair System, Inside-out Meniscal Repair System), By Clinical Application, By End-use, By Region, And Segment Forecasts, 2023 To 2030

  • Report ID: GVR453637
  • Number of Pages: 0
  • Format: Electronic (PDF)

Various factors such as the rising number of meniscus repair surgical procedures, increasing preference for minimally invasive surgeries, and rising prevalence of osteoarthritis are estimated to boost the overall market growth. Surging usage of all-inside meniscal repair surgical procedures coupled with the increasing number of product launches by several market players across the globe are projected to enhance the demand for meniscus repair systems over the forecast period.

Major market players such as Stryker, Zimmer Biomet, and Smith & Nephew among others are focusing on developing strategic initiatives such as mergers & acquisitions product launch partnerships & collaborations joint ventures, and expansion to gain competitive advantage. For instance, Smith & Nephew launched the FAST-FX FLEX meniscal repair system across the globe in July 2021.

Meniscus Repair Systems Market Segmentation

Segments

Details

By Product Type

  • All-inside Meniscal Repair System
  • Inside-out Meniscal Repair System
  • Outside-in Meniscal Repair System
  • Meniscal Root Repair System

By Clinical Application

  • Radial tear
  • Horizontal tear
  • Flap tear
  • Complex tear
  • Others

By End-use

  • Hospitals
  • Ambulatory Surgical Centers
  • Specialized Orthopedic Clinics
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

 

The increasing number of patients suffering from trauma and arthritis throughout the world is a major factor boosting the demand for meniscus repair systems that repairs or replaces the meniscus of the knee. In addition, the rising number of sports injuries is anticipated to accelerate market growth. For instance, as per the National Safety Council, knee injury accounts for around 41% of all sports injuries.

North America region is expected to dominate the meniscus repair systems market in 2022 owing to the rising prevalence of osteoarthritis, increasing preference for minimally invasive surgical procedures is expected to fuel the regional market growth. Increasing demand for meniscus repair systems for various sports injuries is also anticipated to fuel regional market growth.

Some of the major companies operating in the meniscus repair systems market are Smith & Nephew, DePuy Synthes (Johnson & Johnson), Stryker, Zimmer Biomet, ARCURO MEDICAL, Chemex Trading SA, CONMED Corporation, Arthrex, Inc., BIOTEK, and Double Medical Technology Inc. These major players are aiming at various strategic initiatives such as product launches, mergers & acquisitions, partnerships & collaboration, and others to maintain their market position and expand their global presence.

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