January 10, 2022
According to the research report titled ‘Global ACL Reconstruction Procedures Market Size study, by Graft Fixation (Autograft, Allograft), by fixation type (Femoral, Tibial), by End-User (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global ACL reconstruction procedures market size is expected to expand notably during the forecast timespan 2021-2027.
Increasing incidences of sports injuries, such as those sustained in football, basketball, downhill skiing, soccer, gymnastics, and other comparable activities, serve as a major growth driver for global ACL reconstruction procedures market. In fact, non-contact mechanism in sports such as fast deceleration causes 70% to 84% of ACL injuries.
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For the uninitiated, the most common type of injury that results in a torn ligament is the ACL (anterior cruciate ligament) which requires a repair process where major knee ligament is rebuilt either surgically or non-surgically.
Experts cite that adoption of new technologies & devices coupled with surging number of youngsters participating in various sports activities are further expected to boost industry growth. Expanding elderly population base with knee problems is slated to favor the business scenery in the coming years.
Despite the positive outlook, worldwide ACL reconstruction procedures industry’s growth curve is likely to be impacted by expensive treatment procedures.
The market is fragmented based on graft fixation (allograft and autograft), fixation type (femoral, tibial), and end-user (orthopedic clinics, hospitals, ambulatory surgical centers).
From a regional perspective, North America accounts for substantial market share, attributable to the presence of major companies and evolving surgical reconstruction procedures for ACL knee-fractures. Moreover, high prevalence of sports injuries in the U.S. will add to industry development. Credible sources cite that around 80,000 to 100,000 people in the country get ACL repair each year.
Meanwhile, Asia-Pacific industry is expected to grow notably owing to rising geriatric population and shifting customer focus towards sports activities.
Considering the competitive landscape, Corin Group, Smith & Nephew plc, Japan Medical Dynamic Marketing Inc., Tornier Inc., Exactech Inc., DJO Global Inc., United Orthopedic Corp., Arthrex Inc., Stryker Corp., and DePuy Synthes are the major players in global ACL reconstruction procedures market.