U.S. Tendon Repair Market Size, Share & Trends Analysis Report By Product Type (Implants, Suture Anchor Devices), By Application (Bicep Tenodesis, Rotator Cuff Repair), And Segment Forecasts, 2022 - 2030

Report Overview

The U.S. tendon repair market size was valued at USD 821.1 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.0% from 2022 to 2030. The growth of the industry can be attributed to the rapidly growing geriatric population and the prevalence of soft tissue injuries related to aging. The increase in sports-related injuries has also contributed significantly to the propulsion of the tendon repair industry in the U.S. Furthermore, the incidence of work-related accidents has also bolstered the demand for soft-tissue repairs and in turn the tendon repair market. As per the 2021 Senior Report published by America’s Health Rankings, there are around 54 million people aged 65 or older in the U.S., and the number is expected to reach 85.7 million by 2050, as per the U.S. Census Bureau.

As per data from an article published in Hopkin’s Medicine, nearly 30 million teens and children take part in some form of sports accounting for 3.5 million injuries each year. Sports like football, basketball, hockey, lacrosse, etc. cause maximum injuries. Soft tissue injuries resulting from falls, collisions, etc. account for the majority part.

An article published in Foot & Ankle Orthopedics, estimating the epidemiology of soft tissue injuries in the lower leg in high school athletes in the U.S. stated that lower leg injuries are the most common sports-related injuries, and the highest numbers were reported due to football. An article published by a leading pharmaceutical company GSK demonstrates that sprains and strains are the most common type of sports injuries as well as workplace injuries, 40% of all football-related injuries are strains or sprains.

The high prevalence of musculoskeletal diseases, as well as age-related musculoskeletal disorders, are also major contributors to the growth of the U.S. tendon repair market. As per US Bone & Joint Initiative, 1 out of every 2 people in the U.S. suffer from musculoskeletal diseases (age 18 or older), this number comes to 3 out of 4 people ages 65 and over. Musculoskeletal diseases cause chronic pain as well as disability and cost trillions of dollars annually in healthcare costs.

The most common injury to the knee is the anterior cruciate ligament injury or tear, a paper published in UpToDate puts the annual incidence between 100,000 and 200,000 in the U.S. These injuries are related to sudden changes or movement while engaging in sports activities like skiing, soccer, basketball, and football. These injuries are often treated by non-surgical means but tears and ruptures often require surgical repairs, for which recovery periods are longer.

The COVID-19 pandemic resulted in an overall decrease in close contact movement, and thus there was a marked reduction in sports activities and thus the number of sports injuries numbers fell drastically. According to the National Safety Council Injury Facts, the largest decrease in injuries was in the sports-related injuries during the pandemic, there was a reduction of nearly 60% between March and September 2020.

The decline in injuries resulted in lesser patient visits and thus hampered the growth of the tendon repair market through a reduction in procedure volumes. However, as normalcy resumes, the numbers are expected to increase again.

Application Insights

The rotator cuff repair held the largest share of 38.7% in 2021. Rotator cuff injuries are the most commonly occurring shoulder injuries in older people, occurring at a rate of 30% in people aged 60 and above, and increasing drastically up to 62% for people aged 80 and above, as per an article published in Arthroscopy, Sports Medicine and Rehabilitation. The 7-year study revealed that arthroscopic procedures for repair increased by 15% and open surgeries decreased by the same percentage.

The fastest growth was observed in biceps tenodesis for the forecast period. This type of injury is both sports-related, due to the overuse of a particular muscle, like repetitive arm movements in baseball, tennis, swimming, etc., and degeneration due to advancing age is another reason for injury to this soft tissue group. The increasing geriatric population, as well as the number of sports injuries, are driving the growth of the market.

Product Insights

The largest product category as of 2021 was suture anchor devices, with a revenue share of 40.4%. These are increasingly preferred due to their strength of fixation as well as rigidity and support they provide to the injury site. The newer types of biodegradable, bio-stable, and bio-composite suture anchors are being sold in the market whose properties vary as per the needs of the injury type, and innovations in the type of suture anchor are one of the major factors signifying the growth of the segment.

The matrix and scaffolds segment is expected to register the fastest CAGR of 11.5% during the forecast period. The growth can be attributed to the increasing interest in alternative treatment types for tears of soft tissue. Matrices and scaffolds eliminate the need to use technologies with high limitations. These are often made from the patient’s own cells or can also be acellular, they release active substances at the injury site and promote the formation of healthy tissue, this has been driving the growth in this product type and the overall industry.

Key Companies & Market Share Insights

The industry is highly competitive with many large players with a presence in the country as well as in international geographies. The market is driven by R&D as well as new product launches for improved patient outcomes in procedures. Development of new technology has also encouraged small-level players or development stage companies to come up with new products which add to the already existing, highly saturated product portfolio. Some of the prominent players in the U.S. tendon repair market include:

• Stryker Corporation

• Arthrex, Inc.

• CONMED Corporation

• Integra LifeSciences

• Smith+Nephew

• TendoMend

• Alafair Biosciences

• MIMEDX

U.S. Tendon Repair Market Report Scope

U.S. Tendon Repair Market Segmentation

This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2030. For this study, Grand View Research, Inc. has segmented the U.S. tendon repair market report based on application and product:

• Application Outlook (Revenue, USD Million, 2016 - 2030)

  • Rotator Cuff Repair

  • Achilles Tendinosis Repair

  • Cruciate Ligament Repair

  • Bicep Tenodesis

  • Others

• Product Outlook (Revenue, USD Million, 2016 - 2030)

  • Implants

  • Suture Anchor Devices

  • Grafts

  • Matrix/Scaffolds

    • Tendon Repair

    • Tendon Protection Matrix/Scaffolds

  • Screws

  • Others