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SAN FRANCISCO, October 19, 2016 /PRNewswire/ --
Orthopedic soft tissue repair market is expected to be over USD 9.39 billion by 2024, based on a new report by Grand View Research, Inc. Rising demand for minimally invasive procedures has provided greater growth prospects for the market. Minimally invasive knee replacement surgery involves lesser disturbance of muscles and tendons, making the reconstruction procedure more natural.
Increasing awareness amongst the population that skeletally immature patients can also tear their connective tissue and ligaments has boosted the growth of the industry. Furthermore, rising awareness regarding the development, commercialization, and promotion of advanced platelet-rich plasma devices would fuel the market in the long run. Hence, this factor plays a pivotal role for boosting the market in the near future.
Technological advancements and innovations continue to be seen in the orthopedic connective tissue repair space. Novel advances, such as innovative surgical techniques, are also visible in the field of Anterior Cruciate Ligament (ACL) reconstruction to make these procedures more effective. Such innovations, developments, and advancements would lead to further growth of the market in the near future. Furthermore, increasing road accidents also are estimated to accentuate the demand for the market to a large extent.
Browse full research report with TOC on "Orthopedic Soft Tissue Repair Market Size And Forecast By Procedure (Rotator Cuff Repair, Epicondylitis, Achilles Tendinosis Repair, Pelvic Organ Prolapsed, Gluteal Tendon, Cruciate Ligaments Repair, Hip Arthroscopy, Biceps Tenodesis), By Injury Location (Knee, Shoulder, Hip, Small Joints), And Trend Analysis From 2013 To 2024" at: http://www.grandviewresearch.com/industry-analysis/orthopedic-soft-tissue-repair-market
Further Key Findings from the Study Suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the orthopedic soft tissue repair market on the basis of procedure and injury location:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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