According to a new report published by Allied Market Research, titled, โLigament Stabilizers Market: Global Opportunity Analysis and Industry Forecast, 2020-2027” The injuries caused due to excessive stress over the muscles of various body parts or even due to the accidents caused require ligament stabilizers for the assistance in the management of such injuries. The ligamentous stabilizers can be utilized for the injuries of the feet, shoulders, spine, wrists, and knees.ย The severity of the injury may lead to ligament tear, due to which ligament stabilizers are recommended for use. There are two types of stabilizers, mainly active stabilizers and passive stabilizers are being innovated and designed by closely analyzing the anatomy of the body part affected and the biomechanics of the ligaments affected. These devices are being manufactured in order to avoid surgical implications in the treatment of injuries.
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COVID-19 Scenario Analysis
The forced lockout caused due to the COVID-19 outbreak has led to recession globally. The decision was taken such that the spread of the diseases could be minimized, which has led to the reduction in the demand for the products mainly which are used for the surgeries. . The COVID-19 pandemic has a negative impact on the global ligament stabilizers market and significantly in the healthcare system, resulting in 50% to 70% drop in revenue from March. There are various organizations that operate on a small scale, such as nursing homes, small hospitals and others, which are forced to shut their operations and hence the reduction in the surgical procedures is observed. The growth in the use of the personal protective equipment is observed during the forecast period. The visa cancellations has also led to the lesser medical tourism and also stipulated the economic loss for the majority of the population who rely on it.
The major factors that are expected to affect the industry growth include surge in geriatric population and rise in the incidences of arthritis, and other joint disorders such as weakening of the knee ligaments, and susceptibility to experience injuries, would boost the market during the forecast period. Furthermore, the increase in the cruciate ligaments injuries cases, among the young adults and the children, would help the market gain maximum revenue in the forecast period. The injuries especially in the region such as spine, hand, wrist, foot, and knee would have a positive impact on the growth of the industry in the near future. Additionally, rise in incidences of sports injuries, mainly among the athletes due to their hard-core workout routine, is expected to help the market propel in the next few years.
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The key players profiled in this report include 3M Company, DJO Global Inc., Bauerfeind AG, DeRoyal Industries, Inc., รssur hf., BSN Medical GmbH, Otto Bock Healthcare GmbH, THUASNE SA, medi GmbH & Co. KG, and Breg, Inc.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ:
- This study presents the analytical depiction of the global ligament stabilizers industry 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 global ligament stabilizers market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Ligament Stabilizers market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the ligament stabilizers market.
- The report provides a detailed global ligament stabilizers market analysis based on competitive intensity and how the competition will take shape in coming years.
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