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The global meniscus repair systems market size was estimated to be worth USD 0.51 billion in 2023. The market is expected to rise at a growth rate of 8.70% in the forecast period of 2024-2032, and by 2032, the market value is anticipated to be worth USD 1.08 billion.
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Meniscal tear repair systems are innovative systems that are used to repair a meniscal tear or any worn-out tissue. The process used for placing the meniscal repair systems is minimally invasive and done mainly as an outpatient. The repair procedure depends on the tear duration, affected location, and type of the tear.
The meniscus helps in the distribution of stress and tension and thus assists in movements, weight-bearing, and shock absorption. The secondary uses of the meniscus are providing joint lubrication and protecting joint margins.
The differential diagnosis of a meniscus tear is made by assessing the signs and symptoms. X-rays, radiography, CT scans and joint tenderness tests may also be used to study joints’ anatomy.
The invasive and non-invasive procedures are used to manage the meniscus tear. There are four types of surgical repair systems, that are open, outside-in, inside-out, and all-inside.
If left untreated, the meniscus tear has some severe complications. The complications include chronic fractures, hemarthrosis, neurological dystrophies, and disorders.
According to the meniscus repair systems market research report, the market can be categorised into the following segments:
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Market Breakup by Tear Type
Market Breakup by Components
Market Breakup by System Type
Market Breakup by Treatment Channel
Market Breakup by Region
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The increasing prevalence of osteoarthritis is the driving factor for the growth of the repair systems market. In osteoarthritis, there are high chances of meniscal tears; hence, repair systems are needed for its management. Both invasive and non-invasive meniscus repair systems are used for treating osteoarthritis. This is directly attributing to the growth of the meniscus repair systems market.
The increasing prevalence of diseases like physical injuries, prolonged wear and tear, and other traumas also contribute to the growing meniscus tear cases. The sedentary lifestyle, increasing age, and rising cases of autoimmune disorders are also driving the development of the meniscus repair systems market.
With the advanced technologies, there are innovations in the meniscus tear repair systems. The discovery of advanced materials with absorbing properties has aided market growth. The key players are developing ergonomic products with excellent knitting techniques. Novel product launches and approvals are thus facilitating the market expansion.
The all-inside meniscus system is anticipated to dominate among all types of systems. This type of system is highly efficient and has lower complication rates. This system is accompanied by many novel product launches that are aiding the market growth.
North America holds the largest share of the global meniscus repair systems treatment market owing to its increased research and development activities, increased healthcare expenditure, and rising prevalence of osteoarthritis in this region.
The meniscal tear systems are used to manage worn-out or treated tissues. The displaced discs can be relocated back to their original position using these systems. All types of meniscus tears can be treated with the incorporation of repair systems.
There are different techniques for meniscal repairs depending on the tear type, length, and location. The several methods are open, all-inside, outside-in and inside-out. The application of arthroscopy and tear fixation is common for all the techniques.
The open technique is generally used to treat red-red zone tears. This method provides better access to the tear side but with high risks of neural damage.
The inside-out technique has been the cornerstone therapy for managing meniscus tears. This process is mainly used for treating the tears in red-red and white-red zones.
The outside-in technique is applied in the anterior horn of the meniscus. This technique was developed to reduce the risk of neurological complications.
The all-inside technique is incorporated for the management of extreme posterior horn tears. Bioabsorbable equipments are used for carrying out this technique.
Numerous advantages of this technique, such as lesser surgery time, ease of application, minimal neurovascular complications, and better strength of suture devices, drive the growth of the meniscus repair systems market.
There are surgical and non-surgical procedures for the management of meniscus tears. However, the extensive innovations in meniscus repair systems have paved the way for novel treatment modalities.
Smith & Nephew, a key player, is carrying out the Novostich meniscal repair system clinical trials. This will manage complex meniscal tears that present repair systems cannot treat. The pre-clinical studies of STITCH trials have shown promising results, progressing to advanced clinical trials.
Gunze Limited, Japan, performs clinical trials for meniscus scaffold, a substitute meniscus repair system. This system is sutured to the patient’s meniscus to manage the meniscal tears.
The surgeons in Israel have discovered a novel artificial meniscus repair system that is anticipated to revolutionise the meniscus repair systems market. This therapy is less complicated and painful and can be performed easily.
These novel inventions in the meniscus repair systems have provided new therapeutic outcomes. This is also expected to propel the market expansion.
The report gives an in-depth analysis of the key players involved in the meniscus repair systems market, sponsors manufacturing the therapies, and putting them through trials to get FDA approvals. The companies included in the market are as follows:
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Tear Type |
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| Breakup by Components |
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| Breakup by System Type |
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| Breakup by Treatment Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Based on the tear type, the market is segmented into horizontal tear, radial tear, flap tear, complex tear, bucket-handle tear, and oblique tear, among others.
The regions in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is anticipated to hold a significant share of the market during the forecast period.
The surgical interventions used for inserting the meniscal repair systems are open, inside-out, outside-in, and all-inside.
Based on the system type, the market is bifurcated into all inside meniscal repair systems, inside out meniscal repair systems, outside in meniscal repair systems, meniscal root repair systems, among others.
The treatment channels in the market are public and private.
The increasing prevalence of osteoarthritis, technological advancements and novel product launches are driving the market growth.
North America is anticipated to hold a significant share in the market during the forecast period.
The key companies involved in the market are Stryker Corporation, Zimmer Biomet Holdings, Inc., Arthrex, Inc., Johnson & Johnson, Medtronic plc, Active Implants, RTI Surgical, Smith & Nephew plc, Arcuro Medical, and Agilent Technologies, among others.
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+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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