Meniscal Repair Market Size, Share and Trends Analysis | Global | 2023-2029 | MedCore | Includes: Implants Market, Sutures Market, and 1 more

  • Year: 2023
  • Scope: 10 Years
  • Region: Global
  • Pages: 48
  • Published Date: 02/03/2023
  • Type: MedCore

Product Description

Overall, the global meniscal repair market was valued at $532.5 million in 2022. This is expected to increase over the forecast period at a CAGR of 3.7% to reach $685.5 million.

The full report suite on the global market for meniscal repair includes subsegments of implants, sutures and hybrid devices.

MARKET REPORT DATA TYPES INCLUDED

  • Unit Sales, Average Selling Prices, Market Value & Growth Trends
  • Forecasts Until 2029, and Historical Data to 2019
  • Market Drivers & Limiters for Each Segment
  • Competitive Analysis with Market Shares for Each Segment
  • Recent Mergers & Acquisitions
  • Procedure Volumes
  • Company Profiles, Product Portfolios and SWOT for Top Competitors
  • COVID-19 Impact Analysis

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PROCEDURE NUMBERS

In 2022, the majority of meniscal repair procedures were carried out in North America. Western Europe had the second largest number of meniscal repair procedures, followed by Asia-Pacific. The remaining regions, Latin America, Central and Eastern Europe, the Middle East and Africa, had far fewer meniscal repair procedures in 2022, likely due to the developing procedure.

GLOBAL MENISCAL REPAIR MARKET TRENDS

global meniscal repair

The market for meniscal repair will be limited by the relatively stable incidence rate of meniscal tears, mixed with the limitations and contraindications for certain cases. Careful patient selection, along with the surgeon’s experience, remains the key factor determining the success of surgery and rehabilitation. The complete regeneration of the damaged meniscus has proved difficult, due to the limited healing capacity of the tissue.

GLOBAL MENISCAL REPAIR MARKET SHARE INSIGHTS

Overall, within the global meniscal repair market there are three dominant competitors: Smith & Nephew, Arthrex, and CONMED.global meniscal repairIn 2022, Smith & Nephew led the total meniscal repair market with over a third of the total share. The company’s strong presence in the market is due to its pioneering effort in the hybrid meniscal repair segment; in 2001, Smith & Nephew was the first to launch an all-inside meniscal repair system, the FasT-Fix®, and has reinforced its product line with the FasT-Fix® 360Ultra-Fast-Fix® and NovoStich® systems.

GLOBAL MENISCAL REPAIR MARKET SEGMENTATION SUMMARY

  • Implants Market
  • Sutures Market 
  • Hybrid Device Market

Research Scope Summary

Report AttributeDetails
RegionsNorth America (Canada, United States)
Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.)
Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam)
Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year2022
Forecast Period2023-2029
Historical Data2019-2022
Quantitative DataMarket Size, Market Share, Market Growth Rates, Units Sold, Average Selling Prices
Qualitative DataCOVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios
Data SourcesPrimary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data.

Read more about iData’s 9-Step Research Methodology

WHY CHOOSE IDATA?

  • Experts Only – iData has been around for over 17 years and is the trusted source of intelligence, and data-driven insights for key industry players. We are made up of specialists with a sole focus on medical devices, dental devices and pharmaceuticals. Our research and consulting field of endeavour never strays from the medical device industry and, because of this, we are the number one choice for leading companies in this field.
  • Global Coverage – iData’s unique methodology, and its expansion to over 70 countries world-wide, has made it one of the most viable sources of intelligence for global companies along with those who plan to expand their portfolio beyond the confines of their own country. Providing procedural data at the country level is another testimony to the trusted global coverage we provide.
  • Attention to Detail – It’s our attention to small details, scheduling of timelines, and keen project management that makes us stand out from the rest. We are creative, and our reports include metrics such as procedure numbers, ASPs, and SKU-level insights that are not found elsewhere.
  • Pricing – When comparing like-with-like, iData’s prices are not only extremely competitive but also the most cost-effective. We strive for success and want the same for our clients. With the level of detail incorporated into each report alongside the extensive segmentation provided, no other report compares at our price point.

 

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Table of Contents

Meniscal Repair Market
11.1 Executive Summary
11.1.1 Global Meniscal Repair Market Overview
11.1.2 Competitive Analysis
11.1.3 Markets Included
11.1.4 Regions Included
11.2 Introduction
11.3 Procedure Numbers
11.4 Market Overview
11.4.1 By Segment
11.4.2 By Region
11.5 Market Analysis and Forecast
11.5.1 Total Meniscal Repair Market
11.5.2 Meniscal Repair Market
11.5.2.1 Implant Meniscal Repair Market
11.5.2.2 Suture Meniscal Repair Market
11.5.2.3 Hybrid Meniscal Repair Market
11.6 Drivers and Limiters
11.6.1 Market Drivers
11.6.2 Market Limiters
11.7 Competitive Market Share Analysis

List of Companies

Smith & Nephew
Arthrex
DePuy Synthes
CONMED
Stryker
Zimmer Biomet
BIOTEK
REJOIN
Others include: Active Implants, Arcuro Medical, Double Medical, H & Surgical, Medtronic, etc.

List of Charts

Chart 11‑1: Meniscal Repair Market, Global, 2022 & 2029
Chart 11‑2: Meniscal Repair Procedures, Global, 2022
Chart 11‑3: Meniscal Repair Procedures by Region, Global, 2019 – 2029
Chart 11‑4: Meniscal Repair Market by Segment, Global, 2019 – 2029
Chart 11‑5: Meniscal Repair Market by Region, Global, 2019 – 2029
Chart 11‑6: Leading Competitors, Meniscal Repair Market, Global, 2022

List of Figures

Figure 11‑1: Meniscal Repair Markets Covered
Figure 11‑2: Meniscal Repair Regions Covered, Global (1 of 2)
Figure 11‑3: Meniscal Repair Regions Covered, Global (2 of 2)
Figure 11‑4: Meniscal Repair Procedures by Region, Global, 2019 – 2029
Figure 11‑5: Meniscal Repair Procedures by Segment, Global, 2019 – 2029
Figure 11‑6: Meniscal Repair Procedures by Region, Global, 2019 – 2029
Figure 11‑7: Meniscal Repair Market by Segment, Global, 2019 – 2029 (US$M)
Figure 11‑8: Meniscal Repair Market by Region, Global, 2019 – 2029 (US$M)
Figure 11‑9: Meniscal Repair Market, Global, 2019 – 2029
Figure 11‑10: Units Sold by Region, Meniscal Repair Market, Global, 2019 – 2029
Figure 11‑11: Average Selling Price by Region, Meniscal Repair Market, Global, 2019 – 2029 (US$)
Figure 11‑12: Market Value by Region, Meniscal Repair Market, Global, 2019 – 2029 (US$M)
Figure 11‑13: Meniscal Repair Market by Segment, Global, 2019 – 2029 (US$M)
Figure 11‑14: Total Meniscal Repair Market, Global, 2019 – 2029
Figure 11‑15: Units Sold by Region, Meniscal Repair Market, Global, 2019 – 2029
Figure 11‑16: Average Selling Price by Region, Meniscal Repair Market, Global, 2019 – 2029 (US$)
Figure 11‑17: Market Value by Region, Meniscal Repair Market, Global, 2019 – 2029 (US$M)
Figure 11‑18: Implant Meniscal Market, Global, 2019 – 2029
Figure 11‑19: Units Sold by Region, Implant Meniscal Market, Global, 2019 – 2029
Figure 11‑20: Average Selling Price by Region, Implant Meniscal Market, Global, 2019 – 2029 (US$)
Figure 11‑21: Market Value by Region, Implant Meniscal Market, Global, 2019 – 2029 (US$M)
Figure 11‑22: Suture Meniscal Repair Market, Global, 2019 – 2029
Figure 11‑23: Units Sold by Region, Suture Meniscal Repair Market, Global, 2019 – 2029
Figure 11‑24: Average Selling Price by Region, Suture Meniscal Repair Market, Global, 2019 – 2029 (US$)
Figure 11‑25: Market Value by Region, Suture Meniscal Repair Market, Global, 2019 – 2029 (US$M)
Figure 11‑26: Hybrid Meniscal Repair Market, Global, 2019 – 2029
Figure 11‑27: Units Sold by Region, Hybrid Meniscal Repair Market, Global, 2019 – 2029
Figure 11‑28: Average Selling Price by Region, Hybrid Meniscal Repair Market, Global, 2019 – 2029 (US$)
Figure 11‑29: Market Value by Region, Hybrid Meniscal Repair Market, Global, 2019 – 2029 (US$M)
Figure 11‑30: Leading Competitors, Meniscal Repair Market, Global, 2022

iData’s 9-Step Research Methodology

Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

  • Original primary research that consists of the most up-to-date market data
  • Strong foundation of quantitative and qualitative research
  • Focused on the needs and strategic challenges of the industry participants

Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

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Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.

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The full report suite on the global market for ACL/PCL reconstruction includes grafts and fixation devices.

  • 2023
  • 10 Years
  • Global
  • 02/03/2023
  • 48
  • MedCore
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