Overview and Scope
ACL (Anterior Cruciate Ligament) reconstruction refers to surgical procedures to reconstruct the ligament in the center of the knee, connected by the shinbone to the thigh bone. The method includes the repairment of ACL; when the ligament is injured or torn, operations are required to restore knee stability, strength, and movement. After sterilization, the damaged ligament is removed and replaced with another ligament from the patient’s body or tissue from a deceased body.
Sizing and Forecast
The acl reconstruction procedures market size has grown strongly in recent years. It will grow from $6.89 billion in 2023 to $7.4 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to construction industry growth, maintenance and repair activities, warehousing and logistics operations, urbanization, renewable energy projects..
The acl reconstruction procedures market size is expected to see strong growth in the next few years. It will grow to $9.58 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to infrastructure renewal and upgradation, focus on sustainable practices, demand for compact and portable awps, smart city initiatives, rise in material handling processes. Major trends in the forecast period include hybrid and electric models, telematics and iot integration, safety innovations, smart fleet management, rugged and all-terrain models..
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Segmentation & Regional Insights
The acl reconstruction procedures market covered in this report 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 2023. The regions covered in the acl reconstruction procedures market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rise in injuries and occurrences caused by sports is expected to propel the growth of the ACL reconstruction procedure market going forward. Sports injuries refer to injuries that can occur during sports or exercise and can be acute or chronic. Poor training methods, skeletal abnormalities, muscle weakness, and unsafe practices are a few reasons for sports injuries. ACL reconstruction procedure is an effective procedure to restore knee stability and function, which addresses the root cause of the problem; as a result, the rise in injuries and occurrences caused by sports boosts the demand for ACL reconstruction procedures. For instance, in April 2021, according to the American Academy of Pediatrics, more than 100,000 ACL repair procedures were conducted annually in the United States. The injury has climbed 148% in the last ten years among 14- to 18-year-olds, increasing by at least 2% yearly. Therefore, the rise in injuries and occurrences caused by sports is driving the growth of the home healthcare equipment market.
Key Industry Players
Major companies operating in the ACL reconstruction procedures market report are Arthrex Inc., Citieffe s.r.l, CONMED Corporation., DJO Global LLC, Tissue Regenix Group, Medtronic PLC, Miach Orthopaedics, MEIRA Inc., Zimmer Biomet Holdings Inc., Smith & Nephew PLC, Stryker Corporation, Johnson & Johnson Services Inc., RTI Surgical Holdings Inc., Mathys AG Bettlach + Mathys (Schweiz) GmbH, United Orthopedic Corporation, Acumed LLC, Biomet Inc., Cayenne Medical, Corin Group PLC, Ceterix Orthopaedics, Cousin Biotech, OrthoSpace Ltd., B. Braun Melsungen AG, Imperial Surgical Ltd., Vivorte Inc., LifeNet Health, Moximed Inc., MeiraGTx Limited, ConforMIS Inc., Ossur
The acl reconstruction procedures market report table of contents includes:
1. Executive Summary
2. ACL Reconstruction Procedures Market Characteristics
3. ACL Reconstruction Procedures Market Trends And Strategies
4. ACL Reconstruction Procedures Market – Macro Economic Scenario
5. Global ACL Reconstruction Procedures Market Size and Growth
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31. Global ACL Reconstruction Procedures Market Competitive Benchmarking
32. Global ACL Reconstruction Procedures Market Competitive Dashboard
33. Key Mergers And Acquisitions In The ACL Reconstruction Procedures Market
34. ACL Reconstruction Procedures Market Future Outlook and Potential Analysis
35. Appendix
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