April 27, 2022
DUBLIN–(BUSINESS WIRE)–The “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” report has been added to ResearchAndMarkets.com’s offering.
The global rotator cuff injury treatment 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.
The key factors fueling the growth of this market include an increase in sports-related shoulder injuries, technological advancements in arthroscopic surgical devices, an increase in the aging population with osteoarthritis, strong focus of players towards the launch of highly advanced arthroscopic treatment devices. On the other hand, a dearth of skilled professionals, a high surgical treatment failure rate, and its high cost are major challenges faced by market players providing rotator cuff injury treatment products.
The surgical or curative treatment to capture the largest share in rotator cuff injury treatment market, by type during the forecast period
The surgical treatment segment is expected to hold the largest share of the rotator cuff injury treatment market, during the forecast period. This is attributable to the high adoption due to the increasing prevalence of rotator cuff injuries majorly among sportspersons, rising awareness activities by major market players across key countries, and the availability of medical reimbursements for surgical treatment of rotator cuff rupture. Additionally, the increase in the preference for shoulder arthroscopy for the treatment of rotator cuff tear among surgeons and the growing awareness about the benefits associated with an arthroscopic repair such as the lower risk of complications, quick recovery, low rate of post-surgical infections are likely to play a significant role in propelling the growth of the segment.
The Asia Pacific market to grow at the highest CAGR during the forecast period
The rotator cuff injury treatment market is segmented into five major regions, namely, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. significant increase in its geriatric and patient population for orthopedic diseases, growing adoption of orthopedic bracing products in developing nations of Asia Pacific, growing presence of rotator cuff injury treatment devices and drugs manufacturers in the country, increase in the initiatives by the government to promote sports, and growing adoption of new surgical devices for rotator cuff tears launched by local manufacturers are likely to support the growth of the market in the region.
- Rising Number of Sports-Related Shoulder Injuries
- Rising Technological Advancements in Rotator Cuff Rupture Devices
- Growing Public-Private Funding Grants and Educational Awareness Initiatives
- Increasing Risk of Osteoarthritis in the Geriatric Population
- Growing Developments in Orthobiologics
Issues and Challenges
- High Costs Associated with Arthroscopic Surgery Instruments
- High Failure Rates of Rotator Cuff Treatment
- Shortage of Trained Orthopedic Professionals
- 3S Ortho
- Breg, Inc.
- CONMED Corporation
- DJO Global
- Evolutis India Pvt Ltd.
- FH ORTHOPEDICS S.A.S.
- GPC Medical Ltd.
- Integra LifeSciences Corporation
- Johnson & Johnson (DePuy Synthes)
- Parcus Medical
- Smith & Nephew
- Stryker Corporation
- Zimmer Biomet
For more information about this report visit https://www.researchandmarkets.com/r/yj3epe
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900