Coherent Market Insights released a new market study on 2021-2027 Soft Tissue Repair Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. Report offering you more creative solutions that combine our deep geographic experience, intimate sector knowledge and clear insights into how to create value in your business. The research study provides estimates for 2021-2027 Soft Tissue Repair Market Forecast till 2027*.
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High prevalence of cancer is expected to propel growth of the global soft tissue repair market. For instance, according to the American Cancer Society, in 2019, there will be an estimated 1,762,450 new cancer cases diagnosed and 606,880 cancer deaths in the U.S. Moreover, increasing geriatric population is also expected to aid in growth of the global soft tissue repair market. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034.
Increasing number of emergency surgeries is expected to offer lucrative growth opportunities for players in the global soft tissue repair market. For instance, according to Australian Institute of Health and Welfare’s Hospitals at a glance 2017–18 report updated in August 2019, admissions for emergency surgery increased between 2016-2017 and 2017-2018 by 2.9% in public hospitals and by 5.1% in private hospitals in Australia.
Among regions, North America and Middle East are expected to witness significant growth in the global soft tissue repair market, owing to high prevalence of obesity in the regions. For instance, the study, ‘Rising incidence of obesity in Saudi residents. A threatening challenge for the surgeons’, published in the International Journal of Health Sciences, in January 2018, reported obesity in 42% of the study population with low physical activity levels and unhealthy dietary habits.
Ethical issues and lack of standardized guidelines on tissue engineering is expected to hinder growth of the global soft tissue repair market.
Competitive Analysis
Major players operating in the global soft tissue repair market include, B. Braun Melsungen AG, Baxter, BD, Johnson & Johnson Private Limited, Stryker Corp., Integra LifeSciences Corporation, Medtronic plc, Acera Surgical, Inc., Anthrex, Inc., Acelity L.P. Inc., Biorez, Aroa Biosurgery Limited, Misonix, Inc., and Ortho Regenerative Technologies Inc.
Major players operating in the global soft tissue repair market are focused on adopting M&A strategies to enhance their market share. For instance, in January 2021, Integra LifeSciences Holding Corporation acquired ACell, the U.S.-based regenerative medicine firm.
Major players operating in the global soft tissue repair market are also focused on adopting partnership strategies to enhance their market share. For instance, in January 2021, Ortho Regenerative Technologies Inc. entered into a global licensing agreement with Hanuman Pelican Inc., a developer of develop novel medical therapies, for the use of the Buoy Suspension Fractional System in combination with Ortho-R, Ortho RTI’s lead Chitosan-PRP hybrid drug/biologic implant combination product.
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Reasons to Purchase this Report
• Current and future of global Soft Tissue Repair Market outlook in the developed and emerging markets • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period. • Regions/countries that are expected to witness the fastest growth rates during the forecast period • The latest developments, market shares, and strategies that are employed by the major market players
Major Point Answered in Soft Tissue Repair Market Research Study are:
- What will be the progress rate of the Soft Tissue Repair Market for the conjecture period, 2021-2027?
- What are the prominent factors driving the Soft Tissue Repair Market across different regions?
- Who are the major vendors dominating the Soft Tissue Repair industry and what are their winning strategies?
- What will be the market scope for the estimated period?
- What are the major trends shaping the expansion of the industry in the coming years?
- What are the challenges faced by the Soft Tissue Repair Market?
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