Albany, NY — (PRESS RELEASE JET) — 09/14/2017 — According to a latest report, there is an increasing demand for repair and reconstruction of knee ligaments due to sporting injuries and technology is advancing rapidly, which has resulted in a high demand for soft tissue allografts. Apart from that, increasing geriatric population who frequently need orthopedic assistance, growing demand of soft tissue allografts among athletes are rapidly augmenting demand in the global soft tissue allografts market. Market Research Hub (MRH) has recently broadcasted a fresh study into its vast repository, which is titled as “Soft Tissue Allografts Market– Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2025″ and analyzes the current and future scenario of the global market, by focusing on some prime regions. Additionally, a detailed qualitative analysis of drivers and restraints of the market and opportunities has also been provided.
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In the first part, the research comprises an executive summary along with market snapshot providing information about various major segments. Soft tissue allografts are an important substitute tissue for the renewal of scarce ligaments and osteochondral defects during knee surgery. At present, increasing prevalence of degenerative joint diseases and high definition designed technology are the major drivers of the global soft tissue allografts market. Also, escalation in anterior cruciate ligament (ACL) reconstruction surgeries and requirement for care of diabetes-caused foot ulcer are some of the key factors in this market.
The geographical segregation of the report presents current market scenario in major regions, including North America, Eastern Europe, Western Europe, Asia-Pacific, Latin America and Middle East & Africa. As per the key findings, the demand in the global soft tissue allografts market will accelerate at a healthy CAGR of 6.3% during the forecast period of 2017 to 2025. The report estimates the market for soft tissue allografts, across the world, to be worth US$6.2 bn by the end of 2025, substantially up from its evaluated valuation of US$3.6 bn in 2016. In terms of geography, North America currently serves the maximum demand in the global soft tissue allografts market. The use of allograft tissues is increasingly popular in the United States, with its widespread use among orthopedic surgeons particularly in knee surgery.
Moving further, the study provides information on the global market with respect to the segments based on soft tissue allograft type, application and end user. Based on soft tissue allograft type, the market has been segmented into cartilage allograft (hyaline cartilage; elastic cartilage; fibro cartilage); tendon allograft (achilles tendon; tibialis; patellar tendon); meniscus allograft; dental allograft (free gingival graft; connective tissue graft; pedicle graft); collagen allograft; amniotic allograft. End users include hospitals, ambulatory surgical centers, aesthetic clinics, orthopedic clinics and dental clinics. The soft tissue allografts market is also segmented into application, including orthopedic, dentistry (dental sensitivity; aesthetics), wound care and others.
Major players profiled in this report include AlloSource, Allergan, plc., MiMedix Group, Lattice Biologics Ltd., Zimmer Biomet, AlonSource Group, CONMED Corporation, Organogenesis Inc., RTI Surgical, Inc., Osiris Therapeutics, Integra LifeSciences Corporation, Globus Medical Inc, Straumann Holding AG, Xtant Medical, Alliqua BioMedical, Inc, C. R. Bard, Inc (Davol Inc), B. Braun Melsungen AG, Bone Bank Allograft; Arthrex and Others.
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