The ACL Reconstruction Procedures Global Market Report 2023, provides comprehensive information on the ACL reconstruction procedures market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s ACL Reconstruction Procedures Global Market Report 2023, the global ACL reconstruction procedures market size is expected to grow from $6.39 billion in 2022 to $6.89 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ACL reconstruction procedures market size is expected to reach $8.94 billion in 2027 at a CAGR of 6.7%.
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Product innovation is a key trend gaining popularity in the ACL reconstruction procedure market. Major companies operating in the ACL reconstruction procedure market are focused on developing innovative products to strengthen their position and gain a competitive advantage. For instance, in March 2023, Smith+Nephew, a UK-based medical equipment manufacturing company, launched the UltraTRAC QUAD ACL Reconstruction Technique. This technique consists of QuadTrac Quadriceps Tendon Harvest Guide System, a first integrated guide for minimally invasive quadriceps graft harvesting, providing direct tendon visualization while enabling a controlled and reproducible technique to harvest. The Quadtrac method is an efficient way for surgeons to harvest the quad tendon.
The ACL reconstruction procedures market is segmented:
1) By Type: Extra Articular, Intra Articular
2) By Fixation Type: Femoral, Tibial
3) By End User: Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers
North America was the largest region in the ACL reconstruction procedures market in 2022.
The table of contents in TBRC’s ACL reconstruction procedures market report includes:
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