World Soft Tissue Repair Market to Surpass USD 21.31 Bn by 2023, Predicts IQ4I in Its In-Demand Report Available at MarketPublishers.com23 May 2017 • by Natalie Aster
LONDON – Propelled by the expected rise in number of aged people, rising prevalence of sports injuries and well as escalating number of different medical procedures (like skin repair, cardiac repair, vaginal sling procedures, hernia repair, dental reconstruction, etc.), the world’s soft tissue repair market is anticipated to enjoy robust growth at a high single-digit CAGR over 2017-2023. By 2023, the value of this market is poised to exceed USD 21.31 billion. Other important market growth drivers comprise technological advancements and rising investment potential in emerging economies. However, there are also certain challenges to the further growth in the soft tissue repair market, for example, limited reimbursement, high cost of procedures and lack of awareness.
Presently, North America captures the major share of the world’s soft tissue repair market, followed by Europe. Meantime, Asia is recognized as the most rapidly evolving regional market for soft tissue repair; the highest growth rates within the region are registered in China and India.
Leading participants in the worldwide soft tissue repair market comprise Medtronic PLC, Edwards Lifesciences, Abbott Laboratories, Johnson & Johnson, Arthrex, Integra Lifesciences, Organogenesis, amid others.
An in-depth analysis of the world’s soft tissue repair market is provided in the in-demand research study by IQ4I Research & Consultancy, titled “Soft Tissue Repair Global Market - Forecast to 2023”. This publication is a reliable source of top-quality information on the performance of the soft tissue repair market. It contains details on the historical and present market scenario, examines the market dynamics, reviews the key factors influencing the market growth, delves into the competitive landscape, investigates the current situation across the major geographical market for soft tissue repair as well as presents a granular market segmentation analysis. Besides, this report pinpoints the emerging opportunities and challenges and gives access to a comprehensive future outlook for the soft tissue repair market with forecasts through 2023.
Many other research reports by IQ4I are available in the publisher’s online catalogue.