Suture Anchors Market Outlook, Industry Analysis and Prospect 2021-2027

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The global Suture Anchors market size was valued at US$ 0.7 Billion in 2020 and is projected to reach US$ 1.0 Billion by 2027, rising at a market growth (CAGR) of 4.9% during the forecast period. Our report on suture anchor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing sports participation leading to increasing sports injuries, increase in orthopedic surgeries due to rise in aging population and new product launches. In addition, increasing sports participation leading to increasing sports injuries is anticipated to boost the growth of the market as well.
The suture anchor market analysis includes type segment, material segment and geographical landscapes.

NOTE: Our report highlights the major issues and hazards that companies might come across due to the unprecedented outbreak of COVID-19.

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Suture anchors are designed to heal the soft tissue of the bone. Suture anchor fixation is one of the most important innovations in arthroscopic surgeries. The original suture anchor was reported to be developed over three decades ago. There is mention of suture anchors made from flax, hemp, and hair by Sushruta, the ancient Indian plastic surgeon. In terms of type, the global suture anchors market has been bifurcated into absorbable and non-absorbable. Based on tying type, the global suture anchors market has been classified into knotted and knotless. In terms of anchoring system, the global suture anchors market has been categorized into barbed anchor, screw fit anchor, and others. Based on material, the global suture anchors market has been segregated into metallic suture anchor, bio-absorbable suture anchor, PEEK suture anchor, bio-composite suture anchor, and others. In terms of end user, the global suture anchors market has been divided into hospitals, ambulatory surgery clinics, clinics, and others.

A recent report provides crucial insights along with application based and forecast information in the Global Suture Anchors Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Suture Anchors market.

With increasing cases of obesity all over the globe, a need for conducting an in-depth study about this healthcare issue led to the development of this report. Increasing binge eating and consumption of junk foods, neglect towards regular exercise, rising levels of stress, are key market drivers. The report discusses more information about these subjects, with a focus on the rising need for Suture Anchors.

A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period. With healthcare being a sensitive topic, a separate analysis is included that discusses the widespread continuing obesity all over the globe consequently increasing demand for surgical devices.

COVID-19 Impact Assessment on Market Landscape

The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.

Suture Anchors market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.

Highlights of the Report:

In-depth analysis of various insights, namely, Suture Anchors Market trends, growth drivers, opportunities, and other related challenges.

Comprehensive details of key market players, their core competencies, and Suture Anchors Market share.

The potency of suppliers and buyers to make better business decisions.

Lists out the market size in terms of volume.

North America to Lead Future Suture Anchors Market

With the rise in prevalence and incidence of orthopedic injuries in the global population, the global market for suture anchors is anticipating a surge in demand. Ongoing innovations, technological advancements, decreased healthcare expenses, and development of new constituents of suture anchors are some major factors driving the global suture anchors market. Moreover, increasing investments in the development of new types of suture anchors provide an effective treatment option for orthopedic injuries, which is contributing to market growth. With increasing expenditure on healthcare infrastructure and orthopedic treatments, along with technological advancements, the North American region is expected to hold a major share in the global suture anchors market. Owing to increasing population and sports injuries, the global suture anchors market is anticipated to expand at a CAGR of ~4.9% from 2021 to 2027.

Suture Anchors Market: Prominent Regions

North America held a major share of the global suture anchors market in 2020. Presence of key players and growth strategies adopted by these players are the major factors driving the suture anchors market in the region. Europe accounted for the second largest share of the global suture anchors market in 2020. The growth of the market in the region can be attributed to a well-developed healthcare sector. The suture anchors market in Asia Pacific is likely to grow at a rapid pace during the forecast period. Technological developments in suture anchors are likely to propel the market in the region.

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Companies and Manufacturers Covered

The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analyzed and prime business strategies and products that offer high revenue generation capacities were indentified. Key players of the global Suture Anchors market are included as given below:

List of KEY PLAYERS in Suture Anchors Market Report are:

The global suture anchors market include Smith & Nephew plc, CONMED Corporation, Johnson and Johnson (DePuy Synthes), Zimmer Biomet Holdings, Inc., Arthrex, Inc., Stryker, Medtronic, Wright Medical Group N.V., Cook Group Incorporated, Aju Pharm Co., Ltd., ALEDA, BMT, Groupe Lépine, In2Bones, MedShape, Inc., Tulpar Medical Solutions and VIMS.

Global Suture Anchors Market: Segmentation

Suture Anchors Market, by Product Type

  • Absorbable
  • Non-absorbable

Suture Anchors Market, by Tying Type

  • Knotted
  • Knotless

Suture Anchors Market, by Anchoring System

  • Barbed Anchor
  • Screw Fit Anchor
  • Others

Suture Anchors Market, by Material

  • Metallic Suture Anchor
  • Bio-absorbable Suture Anchor
  • PEEK Suture Anchor
  • Bio-composite Suture Anchor
  • Others

Suture Anchors Market, by End User

  • Hospitals
  • Ambulatory Surgery Clinics
  • Clinics
  • Others

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

  • North America
    • United States
    • Canada
  • Europe
    • Germany
    • United Kingdom
    • Italy
    • France
    • Rest of EU
  • Asia Pacific
    • China
    • India
    • Japan
    • Southeast Asia
    • Rest of APAC
  • Central & South America
    • Brazil
    • Argentina
    • Rest of Central & South America
  • Middle East and Africa
    • UAE
    • Saudi Arabia
    • Rest of MEA

Key Questions Covered in the Report

What is the impact of Covid-19 on the Suture Anchors Market?

What is the CAGR of this market during the forecast period 2021 to 2027?

How will the market expand through 2027?

Which top manufacturing companies are leading this market?

What are the key drivers and trends that will stimulate Suture Anchors sales?

What are the challenges that will affect the sales of this market?

Which region will remain the most lucrative during the forecast period?

Reasons to Purchase this Report:

  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

Introduction

Research Objective

Scope of the Study

Definition

Research Methodology

Research Approach

Data Sources

Assumptions & Limitations

Executive Summary

Market Snapshot

Market Variables and Scope

Introduction

Market Classification and Scope

Industry Value Chain Analysis

Raw Material Procurement Analysis

Sales and Distribution Channel Analysis

Downstream Buyer Analysis

Market Dynamics Analysis and Trends

Market Dynamics

Market Drivers

Market Restraints

Market Opportunities

Porter’s Five Forces Analysis

Bargaining power of suppliers

Bargaining power of buyers

Threat of substitute

Threat of new entrants

Degree of competition

Competitive Landscape

Company Market Share/Positioning Analysis

Key Strategies Adopted by Players

Vendor Landscape

List of Suppliers

List of Buyers

Global Suture Anchors Market, By Product Type

Suture Anchors Market, by Product Type, 2021-2027

Absorbable

Market Revenue and Forecast (2016-2027)

Non-absorbable

Market Revenue and Forecast (2016-2027)

Global Suture Anchors Market, By Tying Type

Suture Anchors Market, by Tying Type, 2021-2027

Knotted

Market Revenue and Forecast (2016-2027)

Knotless

Market Revenue and Forecast (2016-2027)

Global Suture Anchors Market, By Anchoring System

Suture Anchors Market, by Anchoring System, 2021-2027

Barbed Anchor

Market Revenue and Forecast (2016-2027)

Screw Fit Anchor

Market Revenue and Forecast (2016-2027)

Others

Market Revenue and Forecast (2016-2027)

Global Suture Anchors Market, By Material

Suture Anchors Market, by Material, 2021-2027

Metallic Suture Anchor

Market Revenue and Forecast (2016-2027)

Bio-absorbable Suture Anchor

Market Revenue and Forecast (2016-2027)

PEEK Suture Anchor

Market Revenue and Forecast (2016-2027)

Bio-composite Suture Anchor

Market Revenue and Forecast (2016-2027)

Others

Market Revenue and Forecast (2016-2027)

Global Suture Anchors Market, By End User

Suture Anchors Market, by End User, 2021-2027

Hospitals

Market Revenue and Forecast (2016-2027)

Ambulatory Surgery Clinics

Market Revenue and Forecast (2016-2027)

Clinics

Market Revenue and Forecast (2016-2027)

Others

Market Revenue and Forecast (2016-2027)

Global Suture Anchors Market, Regional Estimates and Trend Forecast

North America

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

US.

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

Rest of North America

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

Europe

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

UK

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

Germany

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

France

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

Rest of Europe

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

APAC

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

India

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

China

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

Japan

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

Rest of APAC

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

MEA

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

GCC

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

North Africa

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

South Africa

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

Rest of MEA

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

Latin America

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

Brazil

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

Rest of LATAM

Market Revenue and Forecast, by Vehicle (2016-2027)

Market Revenue and Forecast, by Coating (2016-2027)

Market Revenue and Forecast, by Technology (2016-2027)

Market Revenue and Forecast, by Texture (2016-2027)

Market Revenue and Forecast, by End User (2016-2027)

Market Revenue and Forecast, by Raw Material (2016-2027)

Company Profiles

Smith & Nephew plc

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

CONMED Corporation

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

Johnson and Johnson (DePuy Synthes)

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

Zimmer Biomet Holdings, Inc.

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

Arthrex, Inc.

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

Stryker

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

Medtronic

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

Wright Medical Group N.V.

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

Cook Group Incorporated

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

Aju Pharm Co., Ltd.

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

ALEDA

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

BMT

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

Groupe Lépine

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

In2Bones

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

MedShape, Inc.

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

Tulpar Medical Solutions.

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

Company Overview

Product Offerings

Financial Performance

Recent Initiatives

Research Methodology

Primary Research

Secondary Research

Assumptions

Appendix

About Us

Glossary of Terms

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