Medical - - Oct 30,2017
The adoption of soft tissue repair is growing among healthcare service providers as a result of rising geriatric population and athletic injuries.
The procedure for soft tissue repair involves utilization of biological products like synthetic mesh, allografts, and xenografts. These materials are needed for tissue healing. At present, the rising incidences of fractures connected to osteoporosis among the geriatric population are anticipated to drive the demand for soft tissue repair procedures. Furthermore, it has been analyzed that medical expenditure linked with obesity has increased significantly, which in turn has caused an increased implant volume.
As per report statistics and knowledge, face injuries suffered by athletes does involve the use of soft tissue repair procedures. Currently, the adoption of soft tissue repair is advancing among healthcare service providers and its market is projected to grow at a CAGR of 5% in the coming years between 2017 and 2022.
In the present scenario, different manufacturers of soft tissue repair products are trying to focus on leveraging operations across developed economies, such as North America and Europe. This is basically because the older population is mounting in these regions leading to high prevalence of age-related disorders. In addition, the surging awareness about the aids of biological meshes among physicians, such as minimized hospital stay after surgery and comparatively lower cost of surgery, has been heightening demand for soft tissue repair products.
Soft tissue repairs find their application in treating a wide range of disorders; however, the orthopedic connective tissue repair segment retains the leading status in terms of revenue. Moreover, skin repair for soft tissue is also gaining popularity on the global scale. According to analytics, these two application segments are expected to acquire over US$ 7 billion in revenues by the end of 2022.
For more information on this report visit- https://www.mrrse.com/soft-tissue-repair-industry