Rotator Cuff Injury Treatment Market Size Worth USD 1,244 million by 2026
According to the new market research report "Rotator Cuff Injury Treatment Market by Modality (Surgical (Arthroscopy, Shoulder Replacement, Tendon Repair), Physiotherapy (Braces, Cold Compression), Drug Therapeutics (Anti-inflammatory Drugs, Injections), Orthobiologics) -Global Forecast to 2026", published by MarketsandMarkets™, the global market is projected to reach USD 1,244 million by 2026 from USD 989 million in 2021, at a CAGR of 4.7% during the forecast period.
Browse in-depth TOC on "Rotator Cuff Injury Treatment Market"
30 – Tables
23 – Figures
11 – Pages
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The key factors fueling the growth of this market include
The key factors fueling the growth of this market include an increase in
sports-related shoulder injuries, technological advancements in arthroscopic
surgical devices, increase in aging population with osteoarthritis, strong
focus of players towards launch of highly advanced arthroscopic treatment
devices for rotator cuff rupture.
The in rotator cuff injury treatment market include major
Tier I and II suppliers of in rotator cuff injury treatment devices are Arthrex
(US), Stryker Corporation (US), Smith & Nephew (UK), Johnson & Johnson
(DePuy Synthes) (US), Zimmer Biomet (US), CONMED Corporation (US), Integra
Lifesciences Corporation (US), LimaCorporate (Italy), FH ORTHOPEDICS S.A.S.
(France), Evolutis India Pvt Ltd. (India), DJO Global (US), 3S Ortho (France),
Breg, Inc. (US), GPC Medical Ltd. (India), and Parcus Medical (US). These
suppliers have their manufacturing facilities spread across regions such as
North America, Europe, Asia Pacific.
The COVID-19 pandemic is an unprecedented crisis that has
significantly strained healthcare providers, healthcare infrastructure, and
healthcare systems worldwide. The COVID-19 pandemic had a remarkable change in
several aspects of medical practice. Elective surgeries, including orthopedic
surgery, were canceled worldwide, allowing hospitals to accommodate more
COVID-19 patients and completely focus on reducing the possible risk of
infection among healthcare workers. According to The CovidSurg Collaborative, a
120-country research initiative formed to analyze the impact of the COVID-19
pandemic on surgeries, around 28.4 million elective surgeries worldwide will be
canceled or postponed in 2020, based on 12 weeks of peak disruption to hospital
services due to COVID-19. The rotator cuff injury treatment market was also
impacted due to restrictions on the organized temporary closure of surgical
centers, hospital access restriction for non-essential care, limited access to
clinics, implementation of social distancing measures, nationwide lockdowns,
and the slowdown of in-patient flow and referrals.
The rise in number of arthroscopic surgical treatment and
technological advancements in arthroscopic surgical devices in to support the
market growth during the forecast period."
Arthroscopy procedures are increasingly being recommended by
physicians for rotator cuff repair owing to their clinical benefits such as
minimally invasive procedures (in open rotator cuff repair surgeries, a
two-to-three-inch incision is made as compared to less than one inch in
arthroscopy-driven procedures). Furthermore, the increasing prevalence of
rotator cuff injuries (especially among sportspersons) and the technological
advancements in arthroscopic surgical devices are likely to boost the demand
for shoulder arthroscopy for rotator cuff injury treatment.
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Asia Pacific likely to emerge as the fastest-growing
rotator cuff injury treatment market, globally
Geographically, the emerging Asian countries, such as China,
India, Japan and Singapore, are offering high-growth opportunities for market
players. The Asia Pacific point of care market is projected to grow at the
highest CAGR of 6.5% from 2021 to 2026. Expansion of healthcare infrastructure
and increase in disposable personal income, rising medical tourism in Asian
countries, increasing healthcare expenditure, and growing awareness among
people about the safe & effective shoulder arthroscopy treatment, presence
of geriatric patient population with osteoarthritis and presence of players
with robust rotator cuff injury treatment devices product portfolio are likely
to contribute towards the significant the growth of the rotator cuff injury
treatment market in the region.
Prominent players in this market are The Cooper Companies
Inc. (US), Cook Group (US), Vitrolife (Sweden), Thermo Fisher Scientific, Inc.
(US), FUJIFILM Irvine Scientific (US), Kitazato Corporation (Japan), and
Hamilton Thorne Ltd. (US), among others.
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