Research and Markets announced their publication of the "US, Europe and Japan Orthopedic Soft Tissue Surgical Procedures Market: Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020."
Here are six key notes, according to a release.
1. High rates of sports related injuries increase the demand for orthopedic soft tissue repair surgeries. There are around 2 million sports injuries, 50,000 doctor visits and 30,000 hospitalizations in the United States each year.
2. Developed regions such as Europe and North America have a large aging population that is expected to grow at a higher rate.
3. Orthopedic soft tissue surgical procedures are expected to grow in the Unites States due to advancements in products, larger amounts of sports relations injuries and a growing trend of minimally invasive surgeries.
4. ACL reconstruction held the largest share of the market in 2013.
5. A high rate of ACL surgery was one factor that lead to its dominance of the market segment.
6. Rotator cuff repair market is expected to grow at a moderate CAGR in the future.