#Key Players- LARS (France), Neoligaments (UK), Cousin Biotech (France), Orthomed S.A.S. (France), FX Solutions (France), Shanghai PINE&POWER Biotech (China), and Mathys AG Bettlach (Switzerland).
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The global artificial tendons and ligaments market is expected to reach USD 35.0 million by 2023 from USD 18.5 million in 2018, at a CAGR of 13.6%. This report spread across 92 Pages, Profiling 7 Companies and Supported with 27 Tables and 19 figures are now available in this research.
“By application, the knee injuries segment is expected to grow at the highest rate during the forecast period.”
Based on application, the market is segmented into knee injuries, shoulder injuries, foot and ankle injuries, and other injuries (spine and hip injuries). The knee injuries segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing incidence of knee injuries, discomfort at the harvest site due to conventional surgical treatment methods that use auto grafts and allografts, rising participation in sports, and advantages of artificial tendons and ligaments as compared to auto grafts and allograft.
“The Asia Pacific artificial tendons and ligaments market is expected to grow at the highest CAGR during the forecast period.”
Asia Pacific is expected to witness the highest growth during 2018 to 2023, owing to Japan’s growing healthcare industry, collaborations with various international sports organizations, research activities in sports medicine, government initiatives to increase the number of doctors, favorable tax policy in China, government initiatives to support sports medicine in India, funding initiatives and grants to promote sports in Australia, favorable healthcare system, and focus of LARS in Australia, and focus on sports medicine in Malaysia and Singapore.
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Table of Contents:
1.1 Objectives of Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
2 Research Methodology