The SAM soft tissue anchors market is expected to grow from US$ 30.09 million in 2022 to US$ 38.59 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2022 to 2028.
With this, people's life expectancy in these countries has increased, leading to an expansion in the geriatric population. According to the data presented by the WHO, the population aged 60 years and above was 1 billion in 2019, which is expected to reach 1.4 billion by the end of 2030 and 2.1 by the end of 2050. Thus, the increase in the geriatric population has increased the prevalence of various orthopedic conditions such as osteoarthritis, joint pain, joint replacement, and others that are expected to increase the demand for soft tissue anchors. On the other hand, obesity is also a major cause of orthopedic injuries, which are likely to increase the growth of the soft tissue anchors market as obese people are more prone to orthopedic conditions such as soft tissue damage, osteoarthritis, and others. Thus, the increase in the elderly and obese population across region has increased the orthopedic injuries and disorders, which creates the demand for soft tissue anchors and supports the growth of the soft tissue anchors market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM soft tissue anchors market. The SAM soft tissue anchors market is expected to grow at a good CAGR during the forecast period.
SAM Soft Tissue Anchors Market Revenue and Forecast to 2028 (US$ Million)
SAM Soft Tissue Anchors Market Segmentation
The SAM soft tissue anchors market is segmented on the basis of type, typing type, material, end user and country. Based on type, the market is segmented into absorbable and non-absorbable. The absorbable segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on typing type, the market is bifurcated into knotted & knotless. The knotless segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on material, the market is segmented into metallic suture anchor, bioabsorbable suture anchor, PEEK suture anchor, bio-composite suture anchor, and others. The PEEK suture anchor segment dominated the market in 2022 and bio-composite suture anchor is expected to be fastest growing during forecast period. Based on end user, the market is segmented into hospitals, clinics, emergency medical services, and others. The emergency medical services segment dominated the market in 2022 and is expected to be fastest growing during forecast period. Based on country, the SAM soft tissue anchors market is segmented into Brazil, Argentina, and Rest of SAM.
Aju Pharm Co., Ltd.; Arthrex, Inc.; CONMED Corporation; Cook Medical LLC; DJO, LLC (Colfax Corporation); Johnson & Johnson Services, Inc. (DePuy Synthes); Medtronic; Smith & Nephew Plc.; Stryker Corporation; and Zimmer Biometare among the leading companies in the SAM soft tissue anchors market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 30.09 Million |
| Market Size by 2028 | US$ 38.59 Million |
| CAGR (2022 - 2028) | 4.2% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
The South America Soft Tissue Anchors Market is valued at US$ 30.09 Million in 2022, it is projected to reach US$ 38.59 Million by 2028.
As per our report South America Soft Tissue Anchors Market, the market size is valued at US$ 30.09 Million in 2022, projecting it to reach US$ 38.59 Million by 2028. This translates to a CAGR of approximately 4.2% during the forecast period.
The South America Soft Tissue Anchors Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Soft Tissue Anchors Market report:
The South America Soft Tissue Anchors Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South America Soft Tissue Anchors Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South America Soft Tissue Anchors Market value chain can benefit from the information contained in a comprehensive market report.
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