Global Artificial Tendons and Ligaments Market Overview
The Global Artificial Tendons and Ligaments Market size was worth around USD 51.59 million in 2024 and is predicted to grow to around USD 134.85 million by 2033 with a compound annual growth rate (CAGR) of roughly 12.28% between 2024 and 2033.
Biological implants known as artificial tendons and ligaments are used to repair torn tendons and ligaments. The tissues that connect muscles to bones are called tendon. In addition to aiding in bone mobility, ligament tissue keeps the bones in their correct positions at the joints. Usually, especially in joints, ligaments are utilized to connect two bones. They function similarly to sturdy, securely connected straps or ropes, supporting the joint or holding the ends of two bones together. This stops the joint's bones from twitching or separating too much, which could lead to dislocation. The shoulder, elbow, knee, spine, hip, and ankle joints are among the joints that rely mostly on tendons and ligaments for support. In order to repair damaged tendons and ligaments, artificial tendons and ligaments are biological implants. The tissues called tendon, which resemble cables, join muscles to bones. Ligament tissue facilitates both bone movement and the maintenance of the bones' correct alignment at the joints. Two bones are usually joined by ligaments, particularly at joints. In the same way that sturdy, securely tied straps or ropes hold the ends of two bones together or support the joint. This keeps the joint's bones from twitching or separating too much and dislocating. Some joints, such as the spine, hip, ankle, elbow, knee, and shoulder, are primarily supported by tendons and ligaments.
In cases of severe tendonitis, sports injuries, and arthritis, artificial tendons and ligaments are frequently utilized to replace torn or damaged tendons and ligaments. The market for artificial tendons and ligaments has expanded as a result of an increase in accidental injuries, osteoporosis cases, and tendinitis.
According to the International Osteoporosis Foundation, approximately 8.9 million fractures were reported in 2020. Moreover, as per the World Health Organization, in 2020, osteoporosis affected 6.3% of men and 21.2% of women aged above 50. Hence, the growing burden of osteoporosis cases has increased the use of implant devices, thus boosting the growth of the artificial tendons and ligaments market.
According to the International Osteoporosis Federation, due to the higher availability of dual-energy X-ray absorptiometry instruments for the diagnosis of osteoporosis and the resulting increased detection of osteoporosis, there will be a surge in the usage of artificial tendons and ligaments. Furthermore, an increase in the number of product or procedure approvals is expected to provide remunerative opportunities for the expansion of the global Artificial Tendons And Ligaments Market Share during the Artificial Tendons And Ligaments Market Forecast period.
In addition, an increase in incidences of sports-related injuries and accidents propels the demand for artificial tendons and ligaments. For instance, according to the National Safety Council (NSC), in 2020, it was observed that bicycling accounted for about 426,000 injuries in the U.S., the most of any category of sports and recreation. Hence, an increase in incidents of sports injuries affecting joints where replacement surgery is suggested contributes to the Artificial Tendons And Ligaments Market Growth. In addition, according to Arthritis Statistics, the global RA network, in 2022, it is estimated that approximately 350 million people are living with arthritis globally. Also, as per the information provided by Statista, in 2020, the number of knee replacement surgeries performed in Switzerland was 260 per 100,000 inhabitants. Thus, the globally increasing prevalence of severe osteoarthritis or rheumatoid arthritis and the rising number of knee replacement surgeries drive the growth of the artificial tendons and ligament market.
Global Artificial Tendons And Ligaments Market Drivers:-
The market drivers for the Artificial Tendons And Ligaments Market can be influenced by various factors. These may include:
Growing Sports Injuries: As engagement in physical activities and sports increases, so does the frequency of sports-related injuries, such as abrasions to tendons and ligaments. This fuels the need for sophisticated medical procedures such as prosthetic ligaments and tendons.
Growing Senior Population: As the world’s population ages, age-related tendon and ligament damage, including osteoarthritis, is becoming more common. For this population, options for regaining mobility and function include artificial tendons and ligaments.
Technological developments: More complex and long-lasting artificial tendons and ligaments have been created thanks to developments in biomaterials, tissue engineering, and surgical methods. Patients looking for better treatment alternatives are drawn to these developments as well as healthcare professionals.
Preference for Minimally Invasive Surgery: Because these procedures have shorter recovery times and a decreased risk of complications, both patients and surgeons are beginning to favour them more and more. The acceptance of artificial tendons and ligaments is fueled by the ease with which they may be inserted through minimally invasive methods.
Growing Healthcare Expenditure: Access to cutting-edge medical therapies like artificial tendons and ligaments is made easier by rising healthcare spending globally, particularly in industrialised nations. By making these operations more affordable for patients, this promotes market expansion.
Growing Knowledge and Education: Patients are encouraged to seek proper medical care, including artificial implants where necessary, as a result of growing knowledge regarding the significance of prompt treatment for tendon and ligament injuries as well as educational campaigns on available treatment alternatives.
Sports Medicine Advancements: With athletes striving for a quick recovery and return to play, there is a greater need for effective treatment options like artificial tendons and ligaments. These advancements in sports medicine include improved rehabilitation methods and injury prevention strategies.
Regulatory Environment: The dynamics of the market are greatly influenced by the regulatory environment. Tight restrictions guarantee artificial implants’ safety and effectiveness, but they can also affect product development timeframes and market entry hurdles.
Global Artificial Tendons And Ligaments Market Restraints
Several factors can act as restraints or challenges for the Artificial Tendons And Ligaments Market. These may include:
High Cost: The development, production, and acquisition of artificial tendons and ligaments can be costly. Patients may find it more difficult to get this expensive treatment, especially in areas with little healthcare resources or for those without sufficient insurance.
Regulatory Difficulties: Strict regulatory scrutiny is involved in the development and approval process for medical devices, including prosthetic tendons and ligaments. Obtaining regulatory permission can be complicated or delayed, which can hinder market access and raise expenses for producers.
Limited Clinical Evidence: When compared to conventional treatment choices, there may not be as much long-term clinical data demonstrating the safety and effectiveness of artificial tendons and ligaments, despite technological developments. Patients and healthcare professionals may be reluctant to use these products as a result of the weak evidence.
Complex Surgical Techniques: Specialised surgical instruments and abilities are frequently needed for the implantation of artificial tendons and ligaments. In order to carry out these treatments successfully, surgeons might need extra training, which could prevent their broad acceptance, especially in areas where there is a scarcity of qualified medical experts.
Risk of Complications: Implanting artificial tendons and ligaments carries some inherent risks, similar to any surgical treatment, such as infection, implant rejection, and implant failure. These hazards might discourage medical professionals and patients from selecting these treatments over more traditional ones.
Limited Reimbursement: In certain healthcare systems, patients or healthcare providers may not be able to afford prosthetic tendons and ligaments due to inadequate reimbursement policies covering associated costs.
Ethical Issues: Using artificial materials in orthopaedic treatments may raise ethical questions, especially when there are natural tissue substitutes available. Certain patients and healthcare providers can have a preference for cautious methods or harbour doubts regarding the enduring consequences of utilising artificial implants.
Global Artificial Tendons And Ligaments Market Segmentation Analysis
The Global Artificial Tendons And Ligaments Market is Segmented on the basis of Type of Product, Application, End-User, and Geography.
Artificial Tendons And Ligaments Market, By Type of Product
Artificial Tendons And Ligaments Market, By Application
Artificial Tendons And Ligaments Market, By End-User
Regional Insights:-
In 2023, the European market for artificial tendons and ligaments held a 48.6% revenue share, making it the dominant market globally. The region's market is expanding due to a number of factors, including the rise in sports injuries and knee replacements, the expansion of the medical device sector, the low cost of medical devices, partnerships between different entities, the growth of events showcasing the newest sports technologies, and increased government efforts to promote sports.
UK Artificial Tendons And Ligaments Market Trends
In the upcoming years, the market for artificial tendons and ligaments in the UK is anticipated to expand quickly. Because of the UK's strong sporting culture, there are more sports-related injuries that might harm ligaments and tendons. Minimally invasive procedures, which are ideal for implanting artificial tendons and ligaments, are being adopted by the UK healthcare system more and more.
North America Artificial Tendons And Ligaments Market Trends
The market for artificial tendons and ligaments in North America is expected to increase significantly over the course of the projected period. Artificial tendons and ligaments are becoming more popular among customers as a result of regulatory clearances and the availability of additional tendon replacement options. A strong healthcare infrastructure will further support the growth of the regional industry, which will be driven by the aging population, the rising use of minimally invasive surgeries, and advantageous reimbursement rules.
The U.S. artificial tendons and ligaments market dominated the North America market with a share of 91.2% in 2023. The country’s prominent culture of sports participation results in a significant incidence of ligament tears and tendon ruptures, primarily affecting young athletes. This demand drives the need for repair solutions, including artificial tendons and ligaments. The U.S. healthcare system’s substantial investment in orthopedic solutions, particularly in procedures such as tendon and ligament repair, further underscores the market’s potential.
Asia Pacific Artificial Tendons And Ligaments Market Trends
The artificial tendon and ligaments market in Asia Pacific is anticipated to develop at the quickest rate in the world, with a compound annual growth rate (CAGR) of 12.0% over the forecast period. This industry is being driven by large R&D expenditures made by major players in the global market as well as growing public knowledge of artificial tendons, ligaments, and ACL procedures. China and India are expected to grow quickly, despite the fact that Australia and Japan have strong markets in this sector. Autologous, allogenic ligaments are needed for arthroscopic surgeries such those in the knee, ankle, and shoulder.
China artificial tendons and ligaments market is expected to grow rapidly over the forecast period. China’s rapidly aging population, characterized by high prevalence of tendon and ligament degeneration, drives demand for surgeries using artificial implants. The growing middle class, with increasing disposable income, is more likely to opt for advanced medical treatments, such as artificial tendons and ligaments, fueling the market’s growth.
Key Artificial Tendons And Ligaments Company Insights
Some key companies in the artificial tendons and ligaments market include COUSIN SURGERY; Smith+Nephew; Zimmer Biomet; Xiros Ltd. (Neoligaments); and Orthomed; among others. Companies are implementing various strategic actions, such as consolidations, takeovers, and collaborations with other prominent firms.
Cousin Surgery, a French medical device company, which offers implant solutions for visceral and spinal surgery. The company partners with surgeons, universities, and research labs to develop new devices. The company’s spinal surgery offerings include the BDyn and IntraSPINE devices, providing alternative surgical solutions that promote patient mobility and reduce postoperative pain.
Smith+Nephew is a global medical technology company, headquartered in the UK, with offers advanced wound management, sports medicine, and orthopedic reconstruction. Its sports medicine division offers a range of artificial ligaments and tendons, including the LARS system, used in various surgical procedures to treat sports-related injuries and degenerative conditions.
Key Artificial Tendons and Ligaments Companies:
The following are the leading companies in the artificial tendons and ligaments market. These companies collectively hold the largest market share and dictate industry trends.
Recent Developments:-
In 2024, Stryker acquired Artelon, which specializes in soft tissue fixation products, enhancing its portfolio and competitive edge in the foot and ankle and sports medicine segments.
In 2024, Enovis opened a new medical device production plant in San Daniele, Italy, in May 2024, doubling production capacity and creating over 100 jobs, solidifying its position in the industry.
In 2024, Smith+Nephew unveiled its expanded Sports Medicine portfolio at the 2024 AAOS Annual Meeting, featuring the CARTIHEAL AGILI-C Cartilage Repair Implant and REGENETEN Bioinductive Implant, demonstrating its leadership in enabling biological healing.
In 2024, Arthrex Inc., a pioneer in minimally invasive surgical technology, previously launched TheNanoExperience.com, a patient-centered website highlighting the benefits of Nano arthroscopy, an innovative orthopedic technique that enables rapid recovery and reduced pain.
Artificial Tendons And Ligaments Market Report Scope:-
Report Attribute | Details |
Market size value in 2024 | USD 51.59 million |
Revenue forecast in 2033 | USD 134.85 million |
Growth rate | CAGR of 12.28% from 2024 to 2033 |
Base year for estimation | 2024 |
Historical data | 2018 - 2022 |
Forecast period | 2024 - 2033 |
Quantitative units | Revenue in USD million and CAGR from 2024 to 2033 |
Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered | Application, end use, region |
Regional scope | North America, Europe, Asia Pacific, Latin America, MEA |
Country scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, Denmark, Norway, Sweden, China, Japan, India, Australia, South Korea, Thailand, Brazil, Argentina, South Africa, Saudi Arabia, UAE, Kuwait |
Key companies profiled | COUSIN SURGERY; Smith+Nephew; Zimmer Biomet; Xiros Ltd. (Neoligaments); Orthomed; Shanghai PINE&POWER Biotech; Arthrex Inc.; Corin Group; Enovis Corporation (Mathys AG Bettlach); Stryker; GROUP FH ORTHO |
Want to know more about the report or any specific requirement?
We asked them to research ‘ Equipment market’ all over the world, and their whole arrangement was helpful to us. thehealthanalytics.com insightful analysis and reports contributed to our current analysis and in creating a future strategy. Besides, the te
We asked them to research ‘Equipment market’ all over the world, and their whole arrangement was helpful to us. thehealthanalytics.com insightful analysis and reports contributed to our current analysis and in creating a future strategy. Besides, the te