Global Soft Tissue Allografts Market Overview:
In the forecast era 2019-2025, the global soft tissue allografts market is expected to increase at a CAGR of about 6%. The global soft tissue allografts market is witnessing significant development owing to variables such as increased demand for soft tissue allografts in athletics and other sports, science advances in soft tissue repair, and rising geriatric population base.
Increasing Demand for Soft Tissue Allografts in Athletics & Other Sports:
Modern athletic training schemes, field activities and several other contact sports such as American football require athletes to undergo extensive training sessions that are more strenuous in practice than real sport itself. High-intensity training schemes are directly associated with improved athletic performance, but excessive training also induces muscle and bone fatigue, and often leads to injury. Consequently, injury incidence among athletes has been growing due to excessive practice. Sport s competitive nature has spurred athletes demand for fast recovery and readily available ways to treat musculoskeletal injuries. Consequently, demand for soft tissue allografts has increased in athletics and other contact sports, which in turn drives growth in the worldwide soft tissue allografts industry. Other variables contributing to this market growth include science advances in soft tissue repair and replacement and rising geriatric population.
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High Cost of Soft-Tissue Procedures:
The average cost of U.S. functional restoration surgery and soft-tissue reconstruction was estimated at between $9,000 to $13,000. Soft-tissue reconstruction estimates are greater for lower-body extremities compared to upper-body extremities. Additionally, allografts are often scarce and very small amounts are synthesized compared to financial resources invested in allografts harvesting. Consequently, allografts costs are subject to price fluctuations based on their accessibility. Therefore, high soft-tissue costs limit the development of the global soft-tissue allografts market. Other variables hindering market growth include complex and restricted reimbursement in soft-tissue allografts, and tissue sterility problems in soft-tissue allografts.
North America Has the Largest Share in The Global Soft Tissue Allografts Market:
The global soft tissue allografts market has been segmented into five main areas. North America, Europe, Middle East & Africa, and South America. Driven by the developed U.S. country, North America dominated the global soft tissue allografts market in 2017 owing to variables such as increased incidence of diabetic foot ulcers, improved diabetes awareness program in healthcare, and increased numbers of anterior cruciate ligament ACL surgery. In addition, technological innovations in dental implants and increased expenditure by important players & tiny main players for soft tissue allografts development are also boosting the growth of the soft tissue allografts industry in North America.
Global Soft Tissue Allografts Market Key Developments:
Apr 2018: AlloSource and Stryker announced the launch of ProChondrix ® CR, a cryopreserved osteochondral allograft. ProChondrix CR is a one-stage, natural solution for patients needing articular cartilage repair.
Global Soft Tissue Allografts Market Key Players:
Allergan Plc., B. Braun Melsungen AG, Conmed Corporation, Xtant Medical Holdings Inc., Alliqua BioMedical Inc., AlonSource Group, C. R. Bard Inc., Arthrex, Inc., Bone Bank Allografts, Osiris Therapeutics Inc., and Integra LifeSciences Corporation among others.
Reasons to Purchase Global Soft Tissue Allografts Market Report:
Current and future worldwide soft tissue allografts market perspective in advanced and emerging markets. Analyzing multiple market views using Porter s five-force assessment. The segment expected to dominate markets Regions expected to see the highest development in the forecast period Identify the recent trends, market shares and strategies employed by Porter. 3-Month Analyst Support and Market Estimate Sheet Excel.
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