Product Description
Overall, the global rotator cuff repair and reconstruction market was valued at over $1.4 billion in 2022. This is expected to increase over the forecast period at a CAGR of 5.4% to reach approximately $2.1 billion.
The full report suite on the global market for rotator cuff repair and reconstruction includes subsegments for grafts (i.e., allograft, xenograft and synthetic) and suture anchors (i.e. biocomposite, polyether ether ketone (PEEK), PEEK carbon fiber (CF) metal, all-suture, polylactic acid (PLA)).
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
PROCEDURE NUMBERS
In 2022, double row procedures made up more than half of all rotator cuff repair procedures, reflecting surgeon preferences based on tear type. However, single row procedures are expected to become more popular over the forecast period, as they have been shown to be a relevant and effective option for treating rotator cuff tears. In fact, clinical evidence indicates that there is no significant difference in outcomes between the two techniques. As a result, both single and double row procedures are projected to grow at a moderate single-digit CAGR over the forecast period.
GLOBAL ROTATOR CUFF REPAIR & RECONSTRUCTION MARKET TRENDS
The market growth for rotator cuff tear treatments is limited by the fact that some tears can be effectively treated without surgery. Typically, physical or occupational therapy is the first line of treatment, and medication may also be used. However, the effectiveness of non-surgical therapy depends strongly on the condition of the rotator cuff and may only provide temporary relief before surgery becomes necessary.
GLOBAL ROTATOR CUFF REPAIR & RECONSTRUCTION MARKET SHARE INSIGHTS
Overall, within the global rotator cuff repair and reconstruction market there are three dominant competitors: Arthrex, DePuy Synthes, and Smith & Nephew.Arthrex led the rotator cuff repair market in 2022, with almost half of the market share. Arthrex has maintained its dominance in the rotator cuff repair market by heavily marketing its line of biocomposite suture anchors, such as FASTak®, KnotlessSutureTak®, LabralSwiveLock® and PushLock™.
GLOBAL ROTATOR CUFF REPAIR & RECONSTRUCTION MARKET SEGMENTATION SUMMARY
- Graft Market | MedCore – Includes:
- Allograft, xenograft, and synthetic.
- Suture Anchor Market | MedCore – Includes:
- Biocomposite, polyether ether ketone (PEEK), PEEK carbon fiber (CF) metal, all-suture, polylactic acid (PLA).
Research Scope Summary
Report Attribute | Details |
---|---|
Regions | North 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 Year | 2022 |
Forecast Period | 2023-2029 |
Historical Data | 2019-2022 |
Quantitative Data | Market Size, Market Share, Market Growth Rates, Units Sold, Average Selling Prices |
Qualitative Data | COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios |
Data Sources | Primary 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.