According to the current analysis of Reports and Data, the global artificial tendons and ligaments market was valued at USD 17.8 billion in 2018 and is expected to reach USD 48.4 billion by the year 2026, at a CAGR of 13.2%. The artificial tendons and ligaments are temporary replacements for supporting the broken or ruptured muscles or ligaments of the body. These artificial implants provide support to the broken tissues until the tissue cells regenerate the broken parts in the body. The natural tendons and ligaments can be ruptured due to any strong external force by trauma or serious accidents.

The research report is inclusive of the impact analysis of the currently unfolding COVID-19 pandemic. The pandemic has affected the economic scenario of the world and brought about dynamic changes in the demands and trends of key segments of the market. The report covers the current and future impact of COVID-19 on the overall market.

Major Players evaluated in the Report:

Cousin Biotech, BioMed, LARS, Neoligaments, Orthomed S.A.S., FX Solutions, Shanghai PINE & POWER Biotech, Mathys AG Bettlach, Arthrex Inc., Stryker, and DePuy Synthes

The Asia Pacific is expected to be a massive market as the number of accidents occurs in the developing countries in this region. However, the high cost of fixing these implants and discomfort at the site of surgery due to conventional medical procedures are restraining to the market. Many surgeons are reluctant to use trauma devices due to the complaints of allergies and inflammation in the synovial membrane among patients.

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The substantial growth of the Artificial Tendons and Ligaments market over the last decade and the current trends and demands point towards its growth in the forecast period (2020-2026). The report covers all the investment opportunities, market dynamics, threats, opportunities, challenges, restraining factors, and technological advancements in the global Artificial Tendons and Ligaments market. The cumulative information about crucial segments provides a thorough analysis to the reader that might assist them in achieving expected goals for their business.

Reports and Data have segmented the Artificial Tendons and Ligaments market on the basis of glazing type, component type, end use, and region:

Application Outlook (Revenue in Million USD; 2016–2026)

Knee Injuries
Shoulder Injuries
Foot and Ankle Injuries
Others
End-use Outlook (Revenue in Million USD; 2016–2026)

Hospitals and clinics
Ambulatory surgery centers.
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Market Analysis based on Key Geographical Regions:

The report covers key regions such as North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. The report covers the production, growth, sales, demands, and consumption patterns, and forecast detail.

Further key findings from the report suggest:

The European segment held the highest share in the market followed by Asia Pacific and North America. The rise in participation in sports sector and affordable medical devices have driven the market widely in Europe.
The artificial tendons and ligaments are made out of polymers such as polypropylene and polyethelyene terephthalate. These polymers are non-reactive in the body and hence it is used for manufacturing efficient product.
The other materials used for making these devices include titanium alloys, polyster fabric and dimethyl siloxane. These materials are proven to be biocompatible for use inside the body and are extremely inert materials
The use of artificial tendons and ligaments have reduced the patients’ discomfort caused due to other medical procedures such as autografting or allogeneic grafting. These procedures are more complex than the implantation of artificial tendons and ligaments…Continued
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