Market Overview:
The global ligament prostheses market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of ligament injuries, rising awareness about advanced treatment options, and technological advancements in the field of ligament prostheses. The global ligament prostheses market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into allograft prostheses and synthetic prostheses. Allografts are procured from donors who have died or from live donors whose organs are not used for transplantation purposes; whereas synthetic implants are made up of man-made materials such as metals (titanium), plastics (polyethylene), or ceramics (zirconia). On the basis of application, hospital accounted for majority share in 2017; however, clinic is expected to grow at a higher CAGR during forecast period owing to increasing number os outpatient surgeries being performed across globe.
Product Definition:
Ligament prostheses are implantable devices used to replace or reconstruct ligaments in the body. They may be made of metal, plastic, or other biocompatible materials. Ligament prostheses are used to treat various conditions that affect the ligaments, including tears and ruptures.
Allograft Prostheses:
Allograft prostheses are artificial devices used to replace a missing or damaged bone in the body. They are made from either natural materials (e.g., bone, teeth, etc.) or man-made materials (e.g., titanium alloy).
Synthetic Prostheses:
Synthetic prostheses are artificial devices used to replace a missing body part or function. They are made of different materials such as metals, polymers, ceramics and composites. Synthetic prostheses can be classified into three types: direct replacement, indirect replacement and bone graft substitute. The market for synthetic ligament prosthetics is expected to witness lucrative growth over the forecast period owing to increasing incidences of sports-related injuries along with rising demand for cosmetic surgeries across the globe.
Application Insights:
The hospital application segment led the global ligament prostheses market in 2017. The segment is projected to expand further at a steady CAGR over the forecast period owing to rising number of knee replacement surgeries and increasing awareness about associated benefits. Moreover, an increase in healthcare spending by governments as well as private organizations is likely to boost industry growth over the coming years.
Clinic applications include sports injury clinics and orthopedic surgery clinics/ hospitals; these types of facilities usually have limited space for knee implants, thus are preferring ligament prosthetics due to their smaller size and less invasive procedure compared to total knee arthroplasty or hybrid-grinding wheelchairs for patients who cannot walk after stroke rehabilitation centers that offer physical therapy services with equipment such as balance boards, stationary bicycles, etc.
Regional Analysis:
North America dominated the global ligament prostheses market in 2017. This is due to the high prevalence of sports injuries, rising geriatric population, and increasing healthcare expenditure in this region.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to factors such as improving economic conditions leading towards increased disposable income resulting in an increase in consumer awareness regarding available treatments & care options and growing health awareness among consumers which will ultimately drive demand during the forecast period.
Growth Factors:
- Increasing incidence of ligament injuries: The increasing incidence of ligament injuries is one of the key growth drivers for the global ligament prostheses market. According to a study by the American Academy of Orthopaedic Surgeons, around 1 in every 5 people in the U.S. suffers from a sports-related injury each year, which often requires surgical intervention. This is expected to drive demand for ligament prostheses products over the forecast period.
- Rising awareness about advanced treatment options: There is a growing awareness among patients about advanced treatment options such as ligament prostheses surgery and this is expected to fuel demand for these products over the forecast period.
- Technological advancements: The development of new and innovative technologies has led to significant advancements in ligament prostheses products and this is anticipated to boost market growth over the next few years. For instance, recently researchers at Duke University have developed an injectable hydrogel that can help heal torn ACLs (anterior cruciate ligaments) without surgery . Such technological advancements are likely to create new opportunities for players operating in this market over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ligament Prostheses Market Research Report
By Type
Allograft Prostheses, Synthetic Prostheses
By Application
Hospital, Clinic
By Companies
Biomet, Bone Bank Allografts, Corin, Cousin Biotech, Exactech, FH Orthopedics, FX Solutions, JRF Ortho, Lifenet Health, Neoligaments, Biomet
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Ligament Prostheses Market Report Segments:
The global Ligament Prostheses market is segmented on the basis of:
Types
Allograft Prostheses, Synthetic Prostheses
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Biomet
- Bone Bank Allografts
- Corin
- Cousin Biotech
- Exactech
- FH Orthopedics
- FX Solutions
- JRF Ortho
- Lifenet Health
- Neoligaments
- Biomet
Highlights of The Ligament Prostheses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Allograft Prostheses
- Synthetic Prostheses
- By Application:
- Hospital
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ligament Prostheses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ligament prostheses are devices that replace a torn or ruptured ligament in the body. Ligaments connect bones together and help maintain joint stability. When a ligament is injured, it can cause pain, instability, and limited range of motion. A ligament prosthesis replaces the damaged or missing ligament with an artificial device that helps restore joint stability and function.
Some of the key players operating in the ligament prostheses market are Biomet, Bone Bank Allografts, Corin, Cousin Biotech, Exactech, FH Orthopedics, FX Solutions, JRF Ortho, Lifenet Health, Neoligaments, Biomet.
The ligament prostheses market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ligament Prostheses Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ligament Prostheses Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ligament Prostheses Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ligament Prostheses Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ligament Prostheses Market Size & Forecast, 2018-2028
4.5.1 Ligament Prostheses Market Size and Y-o-Y Growth
4.5.2 Ligament Prostheses Market Absolute $ Opportunity
Chapter 5 Global Ligament Prostheses Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ligament Prostheses Market Size Forecast by Type
5.2.1 Allograft Prostheses
5.2.2 Synthetic Prostheses
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ligament Prostheses Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ligament Prostheses Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ligament Prostheses Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ligament Prostheses Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ligament Prostheses Analysis and Forecast
9.1 Introduction
9.2 North America Ligament Prostheses Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ligament Prostheses Market Size Forecast by Type
9.6.1 Allograft Prostheses
9.6.2 Synthetic Prostheses
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ligament Prostheses Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ligament Prostheses Analysis and Forecast
10.1 Introduction
10.2 Europe Ligament Prostheses Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ligament Prostheses Market Size Forecast by Type
10.6.1 Allograft Prostheses
10.6.2 Synthetic Prostheses
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ligament Prostheses Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ligament Prostheses Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ligament Prostheses Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ligament Prostheses Market Size Forecast by Type
11.6.1 Allograft Prostheses
11.6.2 Synthetic Prostheses
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ligament Prostheses Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ligament Prostheses Analysis and Forecast
12.1 Introduction
12.2 Latin America Ligament Prostheses Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ligament Prostheses Market Size Forecast by Type
12.6.1 Allograft Prostheses
12.6.2 Synthetic Prostheses
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ligament Prostheses Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ligament Prostheses Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ligament Prostheses Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ligament Prostheses Market Size Forecast by Type
13.6.1 Allograft Prostheses
13.6.2 Synthetic Prostheses
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ligament Prostheses Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ligament Prostheses Market: Competitive Dashboard
14.2 Global Ligament Prostheses Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Biomet
14.3.2 Bone Bank Allografts
14.3.3 Corin
14.3.4 Cousin Biotech
14.3.5 Exactech
14.3.6 FH Orthopedics
14.3.7 FX Solutions
14.3.8 JRF Ortho
14.3.9 Lifenet Health
14.3.10 Neoligaments
14.3.11 Biomet
