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Meniscus Repair Systems Market Segmented by Repair Device, Depth Probe, Inserter, Sutures in Components and All-inside Meniscal Repair System, Outside-in Meniscal Repair System, Inside-out Meniscal Repair System, and Meniscal Root Repair System Product Type With Radial Tear, Horizontal Tear, Flap Tear, Complex Tear, Bucket-handle Tear, and Oblique Tear Clinical Application
Osteoarthritis is a common degenerative joint disease that occurs most frequently in the hands, hips, and knees. According to the Center for Disease Control and Prevention, around 30 million people in the U.S. are suffering from osteoarthritis.
Moreover, according to OECD, 10% of men and 18% of women worldwide aged over 60 years suffer from symptomatic injuries to the anterior cruciate ligament and meniscus, which increases the risk of developing osteoarthritis later in their lives.
Recently, greater emphasis has been laid on the preservation of the meniscus for the prevention of osteoarthritis in young patients. Meniscus plays an important role in the integrity of the knee joint. Meniscus repair surgeries are playing a significant role in the prevention of osteoarthritis.
The need for meniscus repair surgeries for the prevention of osteoarthritis is expected to contribute to the demand for meniscus repair systems over the forecast period.
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Meniscus tear is a common result of sports injuries. The athletic population is at a higher risk, especially those who participate in sports such as football, soccer, and basketball. In athletics, traumatic injuries to the knee are very common. Besides, diagnosis, the initial treatment for these injuries is very important. Meniscus tear is among the most commonly occurring injuries among young athletes.
Moreover, people engaged in regular physical activities, such as military persons, are also at a higher risk of musculoskeletal injuries such as meniscal tear. The number of sports injuries is increasing as youngsters are actively participating in sports. This factor is expected to propel the meniscus repair systems market in the near the future.
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Get a Customized VersionManufacturers are focusing on the development of new technology-based meniscus repair systems, such as knotless and all-suture meniscus repair systems, to ensure ease during surgery.
The development of new technology-based systems is expected to drive the demand for meniscus repair systems. Recently, meniscus repair devices that complete an all-inside arthroscopic meniscus repair utilizing 100% suture and no pre-tied sliding knots on the articular surface of the meniscus have been developed. The elimination of knots minimizes potential intra-articular complications.
Some examples of meniscus repair systems using knotless technology include Zimmer Biomet’s MaxFire Meniscal Repair Device based on the Ziploop knotless technology and Arcuro Medical’s SuperBall knotless meniscus repair systems.
More than US$ 3 billion were spent on yearly healthcare costs due to Surgical-Site Infections (SSIs), with more than 150,000 new cases annually in the U.S. A large share of these costs can be attributed to the additional surgeries required for the treatment of infected patients, extended hospital stay, and readmissions.
Although meniscus repair involves a low-risk surgery, the risk of infection, nerve injury, knee stiffness, and excessive bleeding are likely to persist during and after the surgeries performed using meniscus repair systems. Thus, the risks associated with surgeries performed with the help of meniscus repair systems is a major factor that is expected to restrain the growth of the meniscus repair systems market.
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Various techniques such as inside-out, outside-in, and all-inside, are used for meniscus repair. Among these, the all-inside meniscal repair technique is preferred by most of the clinicians as compared to other techniques due to lower complication rates and decreased morbidity as compared to other techniques.
All-inside-based meniscus repair systems and devices in the meniscus repair systems market are gaining popularity due to the several benefits associated with the all-inside technique.
Moreover, manufacturers are focusing on the launch of all-inside technique-based meniscus repair systems with new features. For example, in May 2018, Depuy Synthes launched the
Truespan meniscal repair system, an all-inside meniscal repair device. In August 2018, Ceterix Orthopedic launched the Novostich Pro meniscal repair system.
This section of the report features the profiles of the key players operating in the meniscus repair systems market based on their differential strategies, market shares, marketing approach, product offerings, and company dashboard.
Examples of some of the key players featured in the meniscus repair systems market report include Medtronic Plc., Johnson & Johnson, Smith & Nephew Plc, Zimmer Biomet, Stryker Corporation, Arthrex, Inc., Conmed Corporation, and Arcuro Medical Ltd.
Leading companies in the meniscus repair systems market are adopting strategies, such as acquisitions and partnerships, to benefit from the growth opportunities available in different regional meniscus repair systems markets, as well as to expand their product portfolio and global presence.
Meniscus tear is the most common knee injury, which occurs most frequently in sportspersons. Arthroscopic meniscus repair surgeries are commonly performed for the treatment of various types of meniscus tears such as a radial tear, flap tear, bucket handle tear, and others. Meniscus repair systems are arthroscopic knee surgery devices that are designed to facilitate meniscal repair. Meniscus repair systems are intended for use in meniscus repair and meniscal allograft transplant procedures.
Meniscus repair systems are simplified meniscus repair procedures that help reduce the percentage of the removal of the meniscus in the coming years. Meniscus repair systems are specifically designed for different meniscus repair procedures or suturing techniques, which include all-inside meniscus repair procedures, inside-out meniscus repair procedures, outside-in meniscus repair procedures, and meniscus root repair.
The report on the meniscus repair systems market offers a comprehensive evaluation of the business opportunities in the meniscus repair systems market along with insights on the competition blueprint, supply chain, and a list of manufacturers in the meniscus repair systems market.
The report provides the regulatory analysis for meniscus repair systems, reimbursement scenario for meniscus repair procedures, and meniscus repair procedure volume for the duration 2018 to 2028.
The report offers a comprehensive taxonomy of the meniscus repair systems market based on product type, clinical application, end user, and region. Based on product type, the global meniscus repair systems market is segmented into all-inside meniscal repair system, outside-in meniscal repair systems, inside-out meniscal repair systems, and meniscal root repair systems.
Based on clinical application, the global meniscus repair systems market is segmented into radial tear, horizontal tear, flap tear, complex tear, bucket-handle tear, and oblique tear. Based on end user, the global meniscal repair system is segmented into hospitals, ambulatory surgical centers, and specialized orthopedic clinics.
From a geographical perspective, the meniscus repair systems market is segmented into North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East & Africa (MEA).
Some of the additional questions addressed in this report on the meniscus repair systems market are:
