The Global Meniscus Repair Systems Market is Estimated to reach $618.5 Million by 2028, at a CAGR of 5.7%

Meniscus Repair Systems Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Meniscus Repair Systems Market size is expected to reach $618.5 Million by 2028, rising at a market growth of 5.7% CAGR during the forecast period.

The Inside-out segment is showcasing a CAGR of 6% during (2022 - 2028). Inside-out meniscus repair methods provide several benefits, such as low implant costs, long-lasting outcomes, adaptability to most tear patterns, and the capacity to administer sutures with reduced needle sizes, which has led to a spike in use among medical experts. As a result, it is projected that the factors above will support market expansion.

The Radial Tear segment is generating highest revenue share in the Global Meniscus Repair Systems Market by Application in 2021 thereby, achieving a market value of $197 million by 2028. Radial meniscus tears have increased in frequency, particularly in sports traumatology. Every year, many youngsters aged 14 and under suffer injuries while participating in sports or other leisure pursuits. Expanding suture methods for treating radial meniscal tears is anticipated to accelerate segment expansion.

The Ambulatory Surgical Centers segment has shown the growth rate of 6% during (2022 - 2028). The primary factors anticipated to drive the growth rate of ambulatory surgical centers over the forecast period are the increasing surgical interventions performed in ASCs as compared to hospital settings due to easy access, affordable surgeries, and convenience for the disabled and elderly populations.

The North America market dominated the Global Meniscus Repair Systems Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $239.4 million by 2028. The Europe market is exhibiting a CAGR of 5.3% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 6.2% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/meniscus-repair-systems-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Johnson & Johnson (DePuy Synthes), Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew PLC, ConMed Corporation, Agilent Technologies, Inc., Arcuro Medical Ltd. (Trendlines Group Ltd.), Arthrex, Inc., and Double Medical Technology Inc.

Global Meniscus Repair Systems Market Segmentation

By Product Type

• All-inside
• Inside-out
• Outside-in
• Meniscal Root Repair System

By Application

• Radial Tear
• Flap Tear
• Horizontal Tear
• Complex Tear
• Others

By End-use

• Hospitals
• Ambulatory Surgical Centers
• Specialized Orthopedic Clinics
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Johnson & Johnson (DePuy Synthes)
• Stryker Corporation
• Zimmer Biomet Holdings, Inc.
• Smith & Nephew PLC
• ConMed Corporation
• Agilent Technologies, Inc.
• Arcuro Medical Ltd. (Trendlines Group Ltd.)
• Arthrex, Inc.
• Double Medical Technology Inc.

Related Reports:

North America Meniscus Repair Systems Market Size, Till 2028

• February-2023
• 76 Pages

LAMEA Meniscus Repair Systems Market Size, Demand by 2028

• February-2023
• 87 Pages

Europe Meniscus Repair Systems Market Size & Share by 2028

• February-2023
• 86 Pages

Asia Pacific Meniscus Repair Systems Market Size by 2022-2028

• February-2023
• 87 Pages