ACL Reconstruction Procedures Market Growth Trajectory – Insights On Key Drivers, Major Trends, And Top Opportunities
27 Jul, 2023
The global ACL reconstruction procedures market size is expected to grow from $6.39 billion in 2022 to $6.89 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ACL reconstruction procedures market size is expected to reach $8.94 billion in 2027 at a CAGR of 6.7%.
Global ACL Reconstruction Procedures Market Key Driver
The surge in sports-related injuries and occurrences is likely to boost the ACL reconstruction operation market ahead. Sports injuries are those that develop during sports or activity and can be either acute or chronic. Sports injuries are caused by a variety of factors, including poor training methods, skeletal anomalies, muscle weakness, and dangerous behaviors. ACL reconstruction is an effective technique for restoring knee stability and function that treats the root cause of the problem; as a result, the growth in sports-related injuries and occurrences increases the need for ACL reconstruction surgeries.
Get a sample of the global ACL reconstruction procedures market reportGlobal ACL Reconstruction Procedures Market Segments
The global ACL reconstruction procedures market is segmented:
1) By Type: Extra Articular, Intra Articular
2) By Fixation Type: Femoral, Tibial
3) By End User: Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers
4) By Geography: The regions covered in the ACL reconstruction procedures market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global ACL reconstruction procedures market.
Major ACL Reconstruction Procedures Industry Players
Arthrex Inc., Citieffe s.r.l, CONMED Corporation., DJO Global LLC, Tissue Regenix, Medtronic, Miach Orthopaedics, MEIRA Inc., Zimmer Biomet, Smith+Nephew, Stryker, Johnson & Johnson Services Inc., RTI Surgical, Mathys Ltd Bettlach, United Orthopedic Corporation
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ACL Reconstruction Procedures Market Overview
ACL (Anterior Cruciate Ligament) reconstruction refers to surgical procedures to reconstruct the ligament in the center of the knee, connected by the shinbone to the thigh bone. The method includes the repairment of ACL; when the ligament is injured or torn, operations are required to restore knee stability, strength, and movement. After sterilization, the damaged ligament is removed and replaced with another ligament from the patient's body or tissue from a deceased body.
ACL Reconstruction Procedures Global Market Report 2023 provides data on the global ACL reconstruction procedures market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The ACL reconstruction procedures market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.