Suture Anchors Market Scope
Suture Anchors are very useful fixation devices for settling ligaments and tendons to bone. They are made up of: The Anchor - which is embedded into the bone. This may be a screw mechanism or an impedances fit. They may be made of metal or biodegradable fabric. The Eyelet - is a gap or a circle in the anchor to through which the suture passes. This joins the anchor to the suture. The Suture - is attached to the anchor through the eyelet of the anchor. It also may be a non-absorbable material or absorbable material. Suture anchors are made to enable soft tissue to bone healing in situations where inadequate soft tissue aggregation on the bone makes it difficult to achieve a direct delicate tissue–to–soft tissue repair. Tissue anchors permit the reattachment of tissue to bone in most parts of the body. These anchors are subject to distinct stresses depending on the sort of tissues found through a variety of mechanisms. Many choices exist in terms of anchor choice, and it is consequently important for the surgeon to understand the individual anchor characteristics and biomechanics, as it can influence the use.
The Suture Anchors market study is segmented by Type (Absorbable and Non- Absorbable), by Application (Shoulder joint, Wrist, Ankle, Hip joint and Other) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, and new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Suture Anchors market throughout the predicted period.
Smith & Nephew plc (United Kingdom), Zimmer Biomet Holdings, Inc. (United States), ConMed Corporation (United States), Arthrex, Inc. (United States), Johnson and Johnson (United States), Medtronic plc. (Ireland), Stryker Corporation (United States), Parcus Medical, LLC. (United States) and Wright Medical (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Suture Anchors market by Type, Application and Region.
On the basis of geography, the market of Suture Anchors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Emerging trends Include Knotless Barbed Sutures, Antimicrobial Sutures, Bio-Active Sutures
- Technological advances have been identified as critical suture anchor market trends
Market Drivers
- Growing Demand for Bio-Composites Suture Anchors
- Increasing Orthopedic Surgical Procedures
- Established Healthcare infrastructure
- Increase in Aging Population
- Increase in Sports Injuries
Opportunities
- Untapped Market of Developing Countries
Restraints
- Varying Degree of Tissue Reaction
Challenges
- Availability of cheaper substitutes
- Consumer shift towards easily available alternatives
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry