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.
More articles on orthopedic surgery:
Who orders more knee MRI — Orthopedic surgeons or PCPs? 5 key notes
Dr. Edwin Roeder joins Ozarks Community Hospital of Gravette
Drs. Clifford B. Jones, James Andrews & more: 6 orthopedic surgeons in the headlines this week
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
