Market Overview:
The global shoulder labrum repair market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of shoulder injuries, rising awareness about advanced treatment options, and technological advancements in the field of shoulder labrum repair. Based on type, the global shoulder labrum repair market is segmented into PLA resorbable suture anchor, biocomposite suture anchor, PEEK suture anchor, metal suture anchor and all-suture anchor. The PLA resorbable suture anchors segment is expected to grow at a CAGR of 8% from 2018 to 2030. This growth can be attributed to its advantages such as easy handling and less tissue reaction as compared with other types of anchors. Based on application, the global shoulder labrum repair market is segmented into rotator cuff tears, bicep tendon tear, ACL/PCL injury and meniscus tears. The rotator cuff tears segment accounted for the largest share (39%) of the global shoulder labrum repair market in 2017 and is projected to grow at a CAGR of 7% from 2018to 2030 owingtoits high prevalence among athletesand elderly population .
Product Definition:
Shoulder Labrum Repair is a surgical procedure performed to fix a torn or damaged shoulder labrum. The shoulder labrum is a ring of cartilage that surrounds the socket of the shoulder joint and helps to keep the joint stable. A tear in the shoulder labrum can cause pain and instability in the joint.
PLA Resorbable Suture Anchor:
The PLA resorbable suture anchor is a newly designed Anchor for labral repair. It was introduced by the company Arthrex, Inc. in 2015 and since then it has gained immense popularity among surgeons all over the world due to its unique features such as biocompatibility, cost-effectiveness and ease of use.
Biocomposite Suture Anchor:
The biocomposite suture anchor is a new Anchor technique that has recently gained popularity in the Shoulder Labrum Repair (SLR) market. The anchor is made up of two parts, an external part and an internal part. The external part consists of a needle with attached suture, which can go through the skin into the shoulder joint cavity.
Application Insights:
The rotator cuff tear segment dominated the global shoulder labrum repair market in terms of revenue share in 2017. This is due to a large number of patients suffering from rotator cuff tears and increasing awareness about these repairs among healthcare professionals. According to the American Academy of Orthopedic Surgeons (AAOS), as many as 60% to 80% of total shoulder surgeries are performed for this condition. Moreover, according to the National Center for Biotechnology Information (NCBI) studies, it has been estimated that around 20% - 30% patients suffer from some form of impingement after an injury occurs. Implantable devices such as Platelet-rich Plasma (PRP) therapy help in treating this condition along with early rehabilitation procedures which aid in faster healing process and reduced long-term disability rates compared to other treatments available out there currently.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare facilities and a large number of Shoulder Labrum Repair (SLR) patients. In addition, rising sports injuries are also contributing towards regional growth. According to the American Physical Therapy Association, SLRs were ranked third among all orthopedic procedures performed in U.S., with over 200,000 surgeries being performed annually.
Asia Pacific region is anticipated to grow at a lucrative rate during the forecast period due its low per capita income compared with developed regions such as North America & Europe & MEA; this has led many international players/firms interested in investing in emerging markets rather than high profit potential countries such as Germany or UK etc.
Growth Factors:
- Increasing incidence of shoulder injuries: The increasing incidence of shoulder injuries is one of the key growth drivers for the global shoulder labrum repair market. According to a study by the American Academy of Orthopaedic Surgeons, over 2 million people in the U.S. seek treatment for shoulder injuries every year. This number is expected to rise in the coming years due to the increasing popularity of sports and recreational activities.
- Growing awareness about available treatment options: The growing awareness about available treatment options is another key growth driver for the global shoulder labrum repair market. With technological advancements and growing research on this topic, patients are becoming more aware about various surgical and non-surgical treatments available for treating a torn or damaged labrum in shoulders.
- Rising demand for minimally invasive procedures: The rising demand for minimally invasive procedures is another major growth driver for the global shoulder labrum repair market . Minimally invasive surgery (MIS) involves smaller incisions, which leads to less pain, faster recovery time, and fewer complications as compared to traditional open surgery . This has led to an increase in adoption of MIS techniques among surgeons performing surgeries on shoulders with a torn or damaged labrum .
- . Technological advancements: Technological advancements are also driving growth in this market . For instance , new arthroscopic devices that allow surgeons greater visualization during surgery are being developed constantly . These devices help surgeons perform surgeries with greater accuracy and precision ,
Scope Of The Report
Report Attributes
Report Details
Report Title
Shoulder Labrum Repair Market Research Report
By Type
PLA Resorbable Suture Anchor, Biocomposite Suture Anchor, PEEK Suture Anchor, Metal Suture Anchor, All-Suture Anchor
By Application
Rotator Cuff Tears, Bicep Tendon Tear, ACL/PCL Injury, Meniscus Tears
By Companies
Inion, Karl Storz, LARS, Anika Therapeutics, BIOTEK, OrthoD Group, Orthomed, Orthox, SBM, BioTissue Technologies, CenoBiologics
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Shoulder Labrum Repair Market Report Segments:
The global Shoulder Labrum Repair market is segmented on the basis of:
Types
PLA Resorbable Suture Anchor, Biocomposite Suture Anchor, PEEK Suture Anchor, Metal Suture Anchor, All-Suture Anchor
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
Rotator Cuff Tears, Bicep Tendon Tear, ACL/PCL Injury, Meniscus Tears
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:
- Inion
- Karl Storz
- LARS
- Anika Therapeutics
- BIOTEK
- OrthoD Group
- Orthomed
- Orthox
- SBM
- BioTissue Technologies
- CenoBiologics
Highlights of The Shoulder Labrum Repair 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:
- PLA Resorbable Suture Anchor
- Biocomposite Suture Anchor
- PEEK Suture Anchor
- Metal Suture Anchor
- All-Suture Anchor
- By Application:
- Rotator Cuff Tears
- Bicep Tendon Tear
- ACL/PCL Injury
- Meniscus Tears
- 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 Shoulder Labrum Repair 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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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?
Shoulder labrum repair is a surgical procedure that repairs the shoulder joint capsule and rotator cuff muscles. The surgery is typically done to treat a tear or rupture in the shoulder joint capsule, which can cause pain and limited range of motion. The surgery also restores stability to the shoulder joint by repairing the rotator cuff muscles.
Some of the key players operating in the shoulder labrum repair market are Inion, Karl Storz, LARS, Anika Therapeutics, BIOTEK, OrthoD Group, Orthomed, Orthox, SBM, BioTissue Technologies, CenoBiologics.
The shoulder labrum repair market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Shoulder Labrum Repair 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 Shoulder Labrum Repair Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shoulder Labrum Repair 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 Shoulder Labrum Repair 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 Shoulder Labrum Repair Market Size & Forecast, 2020-2028
4.5.1 Shoulder Labrum Repair Market Size and Y-o-Y Growth
4.5.2 Shoulder Labrum Repair Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 PLA Resorbable Suture Anchor
5.2.2 Biocomposite Suture Anchor
5.2.3 PEEK Suture Anchor
5.2.4 Metal Suture Anchor
5.2.5 All-Suture Anchor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Rotator Cuff Tears
6.2.2 Bicep Tendon Tear
6.2.3 ACL/PCL Injury
6.2.4 Meniscus Tears
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shoulder Labrum Repair 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 Shoulder Labrum Repair 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 PLA Resorbable Suture Anchor
9.6.2 Biocomposite Suture Anchor
9.6.3 PEEK Suture Anchor
9.6.4 Metal Suture Anchor
9.6.5 All-Suture Anchor
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 Market Size Forecast by Applications
9.10.1 Rotator Cuff Tears
9.10.2 Bicep Tendon Tear
9.10.3 ACL/PCL Injury
9.10.4 Meniscus Tears
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 PLA Resorbable Suture Anchor
10.6.2 Biocomposite Suture Anchor
10.6.3 PEEK Suture Anchor
10.6.4 Metal Suture Anchor
10.6.5 All-Suture Anchor
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 Market Size Forecast by Applications
10.10.1 Rotator Cuff Tears
10.10.2 Bicep Tendon Tear
10.10.3 ACL/PCL Injury
10.10.4 Meniscus Tears
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 PLA Resorbable Suture Anchor
11.6.2 Biocomposite Suture Anchor
11.6.3 PEEK Suture Anchor
11.6.4 Metal Suture Anchor
11.6.5 All-Suture Anchor
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 Market Size Forecast by Applications
11.10.1 Rotator Cuff Tears
11.10.2 Bicep Tendon Tear
11.10.3 ACL/PCL Injury
11.10.4 Meniscus Tears
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 PLA Resorbable Suture Anchor
12.6.2 Biocomposite Suture Anchor
12.6.3 PEEK Suture Anchor
12.6.4 Metal Suture Anchor
12.6.5 All-Suture Anchor
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 Market Size Forecast by Applications
12.10.1 Rotator Cuff Tears
12.10.2 Bicep Tendon Tear
12.10.3 ACL/PCL Injury
12.10.4 Meniscus Tears
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 PLA Resorbable Suture Anchor
13.6.2 Biocomposite Suture Anchor
13.6.3 PEEK Suture Anchor
13.6.4 Metal Suture Anchor
13.6.5 All-Suture Anchor
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) Market Size Forecast by Applications
13.10.1 Rotator Cuff Tears
13.10.2 Bicep Tendon Tear
13.10.3 ACL/PCL Injury
13.10.4 Meniscus Tears
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 Shoulder Labrum Repair Market: Competitive Dashboard
14.2 Global Shoulder Labrum Repair Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inion
14.3.2 Karl Storz
14.3.3 LARS
14.3.4 Anika Therapeutics
14.3.5 BIOTEK
14.3.6 OrthoD Group
14.3.7 Orthomed
14.3.8 Orthox
14.3.9 SBM
14.3.10 BioTissue Technologies
14.3.11 CenoBiologics
