According to a new report published by Allied Market Research, titled, โACL Reconstruction Market: Global Opportunity Analysis and Industry Forecast 2022-2029โ ACL reconstruction is a surgery that replaces a torn Anterior Cruciate Ligament (ACL), which is a major ligament in knee. Anterior Cruciate ligament (ACL) is made of tough fibrous materials, which are located in the knee joint. ACL is a ligament that passes through the middle of the knee and connects thighbone to shinbone, which stabilizes the knee joint. ACL injuries occur due to various sports that involve sudden halts and changes in direction such as basketball, football, soccer, downhill skiing, gymnastics, etc. In surgeries, the torn ligament is replaced with a tendon from another part of the knee or some deceased donor. This is an outpatient procedure and is performed through small incisions around the knee joint. A doctor who specializes in surgical procedures of the bones and joints, i.e. orthopedic surgeon operates the ACL reconstruction surgery. ACL reconstruction can be done via surgical or nonsurgical ways.
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Increase in injuries and prevalence caused by sports, launch, and addition of new techniques and devices are the major factors affecting the ACL reconstruction market positively. The growing participation of children in sport activities and organized sports, such as football, soccer, and basketball, is result in a higher incidence of ACL injuries, and is generally observed in skeletally immature athletes. This rise in number of ACL injury cases is setting in motion the demand for knee reconstruction devices. There are also various advances in the techniques for surgery, increase in geriatric population with rise in level of obesity and various diseases that are expected to drive the ACL reconstruction market growth. In addition, there have been various R&D activities going on with innovative therapies and different product launches, thereby boosting the growth of the knee reconstruction market. On the other hand, expensive knee-related surgeries in developing and underdeveloped countries where the compensation rates are low with poor healthcare systems are the major challenges for patients.
Covid-19 Impact Analysis:
- To take care of the infected population, the demand for medical supplies is increasing. Respiratory support devices, such as atomizer, life-support machine, oxygen generator, and monitor, are among the majorly used medical devices in primary clinical treatment.
- Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With rise in the number of COVID-19 cases worldwide, the need for medical supplies keeps on rising both from healthcare professionals and civil populations for precautionary measures.
- Manufacturers of these products have a chance to capitalize on this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.
- Attributed to such factors, COVID-19 is expected to have a significant impact on the market.
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Major players analyzed include Stryker Corporation, DePuy Synthes, Smith & Nephew, Corin, United Orthopedic Corporation, Arthrex Inc., Exactech Inc., DJO Global, Japan Medical Dynamic Marketing, and Tornier Inc.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ:
- This study presents the analytical depiction of the ACL reconstruction market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the ACL reconstruction market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the ACL reconstruction market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.alliedmarketresearch.com/request-for-customization/8774
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