The global suture anchor devices market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period (2023-2030). Over the years, osteoarthritis has become more common globally. According to the Arthroscopy, Sports Medicine, and Rehabilitation, cartilage injuries incidents were 11, at 0.08 per 1,000 GE. The surge in sports-related injuries globally is set to contribute to the demand for suture anchor devices. According to the National Safety Council (NSC), in 2022 exercise equipment accounted for an estimated 445,642 injuries, which increased from 409,224 injuries in 2021. Highest injury rates in 15- to 24-year-olds, nearly double males (2,373,621) than females (1,257,781), 91% treated in emergency departments and released.
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/suture-anchor-devices-market
As a result of these factors, major players in this market are making significant investments in R&D, resulting in a strong pipeline of products based on various approaches to suture anchor devices. In August 2022, OSSIO, Inc., an orthopedic fixation technology company, launched and first commercial use of OSSIOfiber® Suture Anchors in the US, expanding patient access to the company’s growing portfolio of bio-integrative implants for use in foot/ankle, shoulder, knee, hand/wrist, and elbow surgery. Further, the rising number of FDA approvals are also contributed to propel the adoption of Suture Anchor Devices. In June 2022, Anika Therapeutics Inc., received FDA 510(k) clearance of the X-Twist knotless fixation system for soft tissue repairs in the shoulder, foot and ankle and other extremities. The X-Twist system was the platform of knotless suture anchors with multiple fixation options for patients undergoing soft tissue repairs, such as rotator cuff repair.
Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered-
o By Material Type
o By Product
o By Tying Type
o By End-user
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- includes Arthrex, Inc., ConMed Corp., Johnson and Johnson (DePuy Synthes, Inc.), Smith & Nephew plc, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Suture Anchor Devices Market Report Segment
By Material Type
- Metallic Suture Anchor
- Bio-Absorbable Suture Anchor
- Others (PEEK Suture Anchor Devices)
By Product
- Absorbable
- Non-Absorbable
By Tying Type
- Knotted Suture Anchors
- Knotless Suture Anchors
By End-Use
- Hospitals
- Clinics
- Ambulatory Surgical Centers
A full report of Suture Anchor Devices Market available @ https://www.omrglobal.com/industry-reports/suture-anchor-devices-market
Suture Anchor Devices Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Anika Therapeutics Inc.
- Enovis
- In2Bones
- MedShape Inc.,
- Medtronic plc.,
- Orthomed
- Ossio Inc.
- Paragon 28, Inc
- Parcus Medical, LLC.
- Stryker Corp.,
- Teknimed
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
