Artificial Tendons and Ligaments Market Introduction and Overview
According to SPER Market Research, the Global Artificial Tendons and Ligaments Market is estimated to reach USD 118.79 million by 2034 with a CAGR of 11.75%.
The report includes an in-depth analysis of the Global Artificial Tendons and Ligaments Market, including market size and trends, product mix, Applications, and supplier analysis. In the market for artificial tendons and ligaments, one of the main factors propelling growth is the rise in sports injuries worldwide. The market is expanding more quickly because to the increase in research on artificial tendons and ligaments and the rise in campaigns to raise awareness of these products. However, it is anticipated that the procedures high cost and the adverse reimbursement situation will hinder the markets expansion. Throughout the forecast period, the artificial tendons and ligaments market is expected to face challenges due to healthcare professionals reluctance to employ them and the lack of scientific evidence supporting their effectiveness.
By Application Insights: The market for Artificial Tendons and Ligaments is segmented based on applications, including Knee Injuries, Shoulder Injuries and Foot & Ankle Injuries. Since the number of Anterior Cruciate Ligament (ACL) injuries has increased, knee injuries have taken the major portion of the market. Most ACL injuries happen in sports that require quick motions, such jumping, accelerating, and decelerating. The projected period is anticipated to see a large increase in foot and ankle injuries at a compound annual growth rate. The rise in sports-related activities and accidents is driving up demand for artificial tendons and ligaments to treat foot and ankle injuries.
By End User Insights: The market for Artificial Tendons and Ligaments is divided into many end users, including Hospitals, Outpatient Facilities. The market was dominated by hospitals and the adoption of synthetic tendons and ligaments is being fuelled by the increasing number of tendon repairs performed in outpatient clinics with brief hospital stays. In order to treat severe injuries, surgeons need to use tendon grafts. Over the course of the forecast period, outpatient facilities are anticipated to increase at the fastest CAGR. Because they are less invasive, more current surgical techniques for tendon and ligament restoration allow for more outpatient surgeries and shorter recovery times.
By Regional Insights: Europes artificial tendons and ligaments market led the global market in 2024, holding a significant revenue share. Factors driving growth include government promotion of sports, increased events showcasing new sports technologies, a rise in sports injuries and knee replacements, growth in the medical device sector, affordable medical device prices, and partnerships among entities.
Market Competitive Landscape:
Some key companies in the artificial tendons and ligaments market include COUSIN SURGERY, Smith+Nephew, Zimmer Biomet, Xiros Ltd. (Neoligaments), and Orthomed. These companies are taking strategic actions like consolidations, takeovers, and collaborations with other major firms.
Cousin Surgery is a French medical device company that develops implant solutions for visceral and spinal surgery. They work with surgeons and research labs to create devices like the BDyn and IntraSPINE, which help improve patient mobility and lessen pain after surgery.
Smith+Nephew, based in the UK, provides advanced wound management, sports medicine, and orthopedic reconstruction. Their sports medicine division includes the LARS system for treating sports injuries and degenerative conditions.
Recent Developments:
- In July 2024, by acquiring Artelon, a soft tissue fixation product specialist, Stryker expanded its product line and gained a competitive advantage in the sports medicine and foot & ankle markets.
- In May 2024, Enovis strengthened its position in the market by establishing a new medical device manufacturing facility in San Daniele, Italy, which doubled production capacity and created jobs.
- In February 2024, Smith+Nephew demonstrated its leadership in facilitating biological healing at the AAOS Annual Meeting by showcasing its enlarged Sports Medicine portfolio, which includes the CARTIHEAL AGILI-C Cartilage Repair Implant and REGENETEN Bioinductive Implant.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Application, By End User. |
| Regions covere | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | COUSIN SURGERY, Smith+Nephew, Zimmer Biomet, Xiros Ltd. (Neoligaments), Orthomed, Shanghai PINE&POWER Biotech, Arthrex Inc, Corin Group, Enovis Corporation (Mathys AG Bettlach), Stryker, GROUP FH ORTHO. |
Key Topics Covered in the Report:
- Global Artificial Tendons and Ligaments Market Size (FY’2021-FY’2034)
- Overview of Global Artificial Tendons and Ligaments Market
- Segmentation of Global Artificial Tendons and Ligaments Market By Application (Knee Injuries, Shoulder Injuries and Foot & Ankle Injuries)
- Segmentation of Global Artificial Tendons and Ligaments Market By End User (Hospitals, Outpatient Facilities)
- Statistical Snap of Global Artificial Tendons and Ligaments Market
- Expansion Analysis of Global Artificial Tendons and Ligaments Market
- Problems and Obstacles in Global Artificial Tendons and Ligaments Market
- Competitive Landscape in the Global Artificial Tendons and Ligaments Market
- Details on Current Investment in Global Artificial Tendons and Ligaments Market
- Competitive Analysis of Global Artificial Tendons and Ligaments Market
- Prominent Players in the Global Artificial Tendons and Ligaments Market
- SWOT Analysis of Global Artificial Tendons and Ligaments Market
- Global Artificial Tendons and Ligaments Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERs internal database
2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Artificial Tendons and Ligaments Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Artificial Tendons and Ligaments Market
7. Global Artificial Tendons and Ligaments Market, By Application (USD Million) 2021-2034
7.1. Knee Injuries
7.2. Shoulder Injuries
7.3. Foot and Ankle Injuries
7.4. Others
8. Global Artificial Tendons and Ligaments Market, By End User (USD Million) 2021-2034
8.1. Hospitals
8.2. Outpatient Facilities
9. Global Artificial Tendons and Ligaments Market, (USD Million) 2021-2034
9.1. Global Artificial Tendons and Ligaments Market Size and Market Share
10. Global Artificial Tendons and Ligaments Market, By Region, (USD Million) 2021-2034
10.1. Asia-Pacific
10.1.1. Australia
10.1.2. China
10.1.3. India
10.1.4. Japan
10.1.5. South Korea
10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Spain
10.2.5. United Kingdom
10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia
10.3.2. United Arab Emirates
10.3.3. Qatar
10.3.4. South Africa
10.3.5. Egypt
10.3.6. Morocco
10.3.7. Nigeria
10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada
10.4.2. Mexico
10.4.3. United States
10.5. Latin America
10.5.1. Argentina
10.5.2. Brazil
10.5.3. Rest of Latin America
11. Company Profile
11.1. COUSIN SURGERY
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Smith+Nephew
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. Zimmer Biomet
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Xiros Ltd. (Neoligaments)
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Orthomed
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Shanghai PINE&POWER Biotech
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. Arthrex Inc
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Corin Group
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Enovis Corporation (Mathys AG Bettlach)
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Stryker
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
