DUBLIN--(BUSINESS WIRE)--Sep 13, 2018--The "Artificial Ligaments and Tendons Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

The artificial ligaments and tendons market was valued at US$17.310 million in 2017 and is projected to expand at a CAGR of 15.25% over the forecast period to reach US$40.564 million by 2023. Ligaments and tendons are bands or sheets of fibrous connective tissue that provide support and stability to the musculoskeletal system. Artificial ligaments possessed comparable efficacy to, and fewer postoperative complications than, allografts and autografts in ligament reconstruction, especially for the anterior cruciate ligament. Increasing incidences of sports injuries are a key driving factor driving the artificial tendons and ligaments market growth. The injury often ruptures the anterior cruciate ligament (ACL) that does not heal after being torn. Due to advancing technology, artificial ligaments are revolutionizing the ACL repair and thus positively impacting the market growth. The market is expected to grow at a fast pace owing to the rising adoption of advanced technologies in the healthcare sector, rising disposable income of people across the globe and increasing research and development activities in this field. However, the high cost of surgery can hamper the market growth to an extent.

Major industry players profiled as part of the report are Orthomed, Orthocell Ltd., and Neoligaments among others.

Segmentation:

By Application

Shoulder InjuryKnee and ankle InjuryOthers

By End-User

Hospitals and clinicsAmbulatory care centers

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Key Findings of the Study

4. Market Dynamics

5. Artificial Ligaments and Tendons Market Forecast by Application

6. Artificial Ligaments and Tendons Market Forecast by End-user

7. Artificial Ligaments and Tendons Market Forecast by Geography

8. Competitive intelligence

9. Company profiles

OrthomedOrthocell LtdNeoligamentsCousin BiotechShanghai PINE & POWER Biotech Co., Ltd.The Corinium CentreFX SOLUTIONSFor more information about this report visit https://www.researchandmarkets.com/research/3qr7jq/17_3_bn?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180913005431/en/

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Related Topics:Orthopedic Devices

KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

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PUB: 09/13/2018 06:06 AM/DISC: 09/13/2018 06:06 AM

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