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Meniscus Repair Systems Drive Growth By Increasing Technological Advancements

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Pooja Khodke
Meniscus Repair Systems Drive Growth By Increasing Technological Advancements

Meniscus repair systems are increasingly being used to repair torn meniscus that cause intense knee pain and restrict mobility. Meniscus repair systems provide minimally invasive procedures to repair torn meniscus using advanced arthroscopic techniques and implants.


The global Meniscus Repair Systems Market is estimated to be valued at Us$ 858.7 Mn in 2023 and is expected to exhibit a CAGR Of 9.4% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:


Growth Accelerated by Technological Advancements

The meniscus repair systems market is expected to witness significant growth over the forecast period, primarily driven by continuous technological advancements in arthroscopic meniscal repair procedures. Various innovative meniscal repair devices and techniques such as the Fast-Fix 360 system, ZipTight meniscal repair system, and arrow/anchor meniscal repair system have been introduced. These new systems provide enhanced dexterity, suture management, and knot security compared to traditional open meniscus repair surgeries. Additionally, the rising adoption of robot-assisted surgical techniques for meniscal repairs is further expected to boost the market growth over the coming years.


Segment Analysis


The global meniscus repair systems market is dominated by all-inside meniscal repair systems segment which accounted for nearly 65% share of the total market in 2022. All-inside meniscus repair systems are preferred by surgeons for meniscus tears as they offer advantages such as minimal incisions, faster recovery, and lower risk of neurovascular injuries.

Key Takeaways


The Global Meniscus Repair Systems Market Demand is expected to witness high growth over the forecast period of 2023 to 2030.


The North American region is expected to dominate the global meniscus repair systems market during the forecast period. Rising geriatric population, increasing incidence of meniscus injuries due to sports and road accidents, presence of advanced healthcare infrastructure are some of the major factors driving the growth of meniscus repair systems market in the region.

Key players operating in the meniscus repair systems market are Pfizer Inc., Sanofi SA, Dr. Reddy's Laboratories, Aspen Holdings, Abbott Laboratories, Leo Pharma AS, Alexion Pharmaceuticals Inc., Bayer AG, Johnson & Johnson, Bristol-Myers Squibb Company, Daiichi Sankyo Company, and Boehringer Ingelheim Pharmaceuticals Inc., among others. Pfizer Inc. and Johnson & Johnson are the leading players in the market and together account for over 30% of the total market share.



Get more insights on this topic :


https://www.insightprobing.com/advances-in-meniscus-repair-technology-is-driven-by-the-rising-number-of-sports-injuries/


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