Suture Anchors Market Market Regulations and Competitive Landscape Outlook to 2027
The global Suture Anchors market gathered revenue around USD 0.7 Billion in 2020 and market is set to grow USD 1.0 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 4.9% during the prediction period 2021 to 2027. 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.
Suture anchors are created to enable soft tissue to bone healing in situations where inadequate soft tissue accumulation on the bone makes it difficult to achieve a direct soft tissue–to–soft tissue repair. Tissue anchors allow the reattachment of tissue to bone in most parts of the body. These anchors are subject to distinct stresses depending on the type 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 affect the use. Innovations and advanced techniques have extended the use of suture anchors to a variety of musculoskeletal tissues, including hip, elbow, hand, knee foot, and ankle. The increasing use of suture anchors for reattaching tissue to bone is driving demand for the global suture anchors market during the forecast period.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Suture Anchors market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Suture Anchors market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
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.
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.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Significant Market Participants Operational in the Suture Anchors Market 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.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Global Suture Anchors Market: Segmentation
Suture Anchors Market, by Product Type
Suture Anchors Market, by Tying Type
Suture Anchors Market, by Anchoring System
Suture Anchors Market, by Material
Suture Anchors Market, by End User
North America
Europe
Asia Pacific
Central & South America
Middle East and Africa
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Suture Anchors Market, By Product Type
7.1. Suture Anchors Market, by Product Type, 2021-2027
7.1.1. Absorbable
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Non-absorbable
7.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Suture Anchors Market, By Tying Type
8.1. Suture Anchors Market, by Tying Type, 2021-2027
8.1.1. Knotted
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Knotless
8.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Suture Anchors Market, By Anchoring System
9.1. Suture Anchors Market, by Anchoring System, 2021-2027
9.1.1. Barbed Anchor
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Screw Fit Anchor
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Others
9.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 10.Global Suture Anchors Market, By Material
10.1. Suture Anchors Market, by Material, 2021-2027
10.1.1. Metallic Suture Anchor
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Bio-absorbable Suture Anchor
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. PEEK Suture Anchor
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Bio-composite Suture Anchor
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2016-2027)
Chapter 11.Global Suture Anchors Market, By End User
11.1. Suture Anchors Market, by End User, 2021-2027
11.1.1. Hospitals
11.1.1.1. Market Revenue and Forecast (2016-2027)
11.1.2. Ambulatory Surgery Clinics
11.1.2.1. Market Revenue and Forecast (2016-2027)
11.1.3. Clinics
11.1.3.1. Market Revenue and Forecast (2016-2027)
11.1.4. Others
11.1.4.1. Market Revenue and Forecast (2016-2027)
Chapter 12.Global Suture Anchors Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.1.2. Market Revenue and Forecast, by Coating (2016-2027)
12.1.3. Market Revenue and Forecast, by Technology (2016-2027)
12.1.4. Market Revenue and Forecast, by Texture (2016-2027)
12.1.5. Market Revenue and Forecast, by End User (2016-2027)
12.1.6. Market Revenue and Forecast, by Raw Material (2016-2027)
12.1.7. U.S.
12.1.7.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.1.7.2. Market Revenue and Forecast, by Coating (2016-2027)
12.1.7.3. Market Revenue and Forecast, by Technology (2016-2027)
12.1.7.4. Market Revenue and Forecast, by Texture (2016-2027)
12.1.8. Market Revenue and Forecast, by End User (2016-2027)
12.1.8.1. Market Revenue and Forecast, by Raw Material (2016-2027)
12.1.9. Rest of North America
12.1.9.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.1.9.2. Market Revenue and Forecast, by Coating (2016-2027)
12.1.9.3. Market Revenue and Forecast, by Technology (2016-2027)
12.1.9.4. Market Revenue and Forecast, by Texture (2016-2027)
12.1.10. Market Revenue and Forecast, by End User (2016-2027)
12.1.11. Market Revenue and Forecast, by Raw Material (2016-2027)
12.1.11.1.
12.2. Europe
12.2.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.2.2. Market Revenue and Forecast, by Coating (2016-2027)
12.2.3. Market Revenue and Forecast, by Technology (2016-2027)
12.2.4. Market Revenue and Forecast, by Texture (2016-2027)
12.2.5. Market Revenue and Forecast, by End User (2016-2027)
12.2.6. Market Revenue and Forecast, by Raw Material (2016-2027)
12.2.7.
12.2.8. UK
12.2.8.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.2.8.2. Market Revenue and Forecast, by Coating (2016-2027)
12.2.8.3. Market Revenue and Forecast, by Technology (2016-2027)
12.2.9. Market Revenue and Forecast, by Texture (2016-2027)
12.2.10. Market Revenue and Forecast, by End User (2016-2027)
12.2.10.1. Market Revenue and Forecast, by Raw Material (2016-2027)
12.2.11. Germany
12.2.11.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.2.11.2. Market Revenue and Forecast, by Coating (2016-2027)
12.2.11.3. Market Revenue and Forecast, by Technology (2016-2027)
12.2.12. Market Revenue and Forecast, by Texture (2016-2027)
12.2.13. Market Revenue and Forecast, by End User (2016-2027)
12.2.14. Market Revenue and Forecast, by Raw Material (2016-2027)
12.2.14.1.
12.2.15. France
12.2.15.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.2.15.2. Market Revenue and Forecast, by Coating (2016-2027)
12.2.15.3. Market Revenue and Forecast, by Technology (2016-2027)
12.2.15.4. Market Revenue and Forecast, by Texture (2016-2027)
12.2.16. Market Revenue and Forecast, by End User (2016-2027)
12.2.16.1. Market Revenue and Forecast, by Raw Material (2016-2027)
12.2.17. Rest of Europe
12.2.17.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.2.17.2. Market Revenue and Forecast, by Coating (2016-2027)
12.2.17.3. Market Revenue and Forecast, by Technology (2016-2027)
12.2.17.4. Market Revenue and Forecast, by Texture (2016-2027)
12.2.18. Market Revenue and Forecast, by End User (2016-2027)
12.2.18.1. Market Revenue and Forecast, by Raw Material (2016-2027)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.3.2. Market Revenue and Forecast, by Coating (2016-2027)
12.3.3. Market Revenue and Forecast, by Technology (2016-2027)
12.3.4. Market Revenue and Forecast, by Texture (2016-2027)
12.3.5. Market Revenue and Forecast, by End User (2016-2027)
12.3.6. Market Revenue and Forecast, by Raw Material (2016-2027)
12.3.7. India
12.3.7.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.3.7.2. Market Revenue and Forecast, by Coating (2016-2027)
12.3.7.3. Market Revenue and Forecast, by Technology (2016-2027)
12.3.7.4. Market Revenue and Forecast, by Texture (2016-2027)
12.3.8. Market Revenue and Forecast, by End User (2016-2027)
12.3.9. Market Revenue and Forecast, by Raw Material (2016-2027)
12.3.10. China
12.3.10.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.3.10.2. Market Revenue and Forecast, by Coating (2016-2027)
12.3.10.3. Market Revenue and Forecast, by Technology (2016-2027)
12.3.10.4. Market Revenue and Forecast, by Texture (2016-2027)
12.3.11. Market Revenue and Forecast, by End User (2016-2027)
12.3.11.1. Market Revenue and Forecast, by Raw Material (2016-2027)
12.3.12. Japan
12.3.12.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.3.12.2. Market Revenue and Forecast, by Coating (2016-2027)
12.3.12.3. Market Revenue and Forecast, by Technology (2016-2027)
12.3.12.4. Market Revenue and Forecast, by Texture (2016-2027)
12.3.12.5. Market Revenue and Forecast, by End User (2016-2027)
12.3.12.6. Market Revenue and Forecast, by Raw Material (2016-2027)
12.3.13. Rest of APAC
12.3.13.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.3.13.2. Market Revenue and Forecast, by Coating (2016-2027)
12.3.13.3. Market Revenue and Forecast, by Technology (2016-2027)
12.3.13.4. Market Revenue and Forecast, by Texture (2016-2027)
12.3.13.5. Market Revenue and Forecast, by End User (2016-2027)
12.3.13.6. Market Revenue and Forecast, by Raw Material (2016-2027)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.4.2. Market Revenue and Forecast, by Coating (2016-2027)
12.4.3. Market Revenue and Forecast, by Technology (2016-2027)
12.4.4. Market Revenue and Forecast, by Texture (2016-2027)
12.4.5. Market Revenue and Forecast, by End User (2016-2027)
12.4.6. Market Revenue and Forecast, by Raw Material (2016-2027)
12.4.7. GCC
12.4.7.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.4.7.2. Market Revenue and Forecast, by Coating (2016-2027)
12.4.7.3. Market Revenue and Forecast, by Technology (2016-2027)
12.4.7.4. Market Revenue and Forecast, by Texture (2016-2027)
12.4.8. Market Revenue and Forecast, by End User (2016-2027)
12.4.9. Market Revenue and Forecast, by Raw Material (2016-2027)
12.4.10. North Africa
12.4.10.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.4.10.2. Market Revenue and Forecast, by Coating (2016-2027)
12.4.10.3. Market Revenue and Forecast, by Technology (2016-2027)
12.4.10.4. Market Revenue and Forecast, by Texture (2016-2027)
12.4.11. Market Revenue and Forecast, by End User (2016-2027)
12.4.12. Market Revenue and Forecast, by Raw Material (2016-2027)
12.4.13. South Africa
12.4.13.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.4.13.2. Market Revenue and Forecast, by Coating (2016-2027)
12.4.13.3. Market Revenue and Forecast, by Technology (2016-2027)
12.4.13.4. Market Revenue and Forecast, by Texture (2016-2027)
12.4.13.5. Market Revenue and Forecast, by End User (2016-2027)
12.4.13.6. Market Revenue and Forecast, by Raw Material (2016-2027)
12.4.14. Rest of MEA
12.4.14.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.4.14.2. Market Revenue and Forecast, by Coating (2016-2027)
12.4.14.3. Market Revenue and Forecast, by Technology (2016-2027)
12.4.14.4. Market Revenue and Forecast, by Texture (2016-2027)
12.4.14.5. Market Revenue and Forecast, by End User (2016-2027)
12.4.14.6. Market Revenue and Forecast, by Raw Material (2016-2027)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.5.2. Market Revenue and Forecast, by Coating (2016-2027)
12.5.3. Market Revenue and Forecast, by Technology (2016-2027)
12.5.4. Market Revenue and Forecast, by Texture (2016-2027)
12.5.5. Market Revenue and Forecast, by End User (2016-2027)
12.5.6. Market Revenue and Forecast, by Raw Material (2016-2027)
12.5.7. Brazil
12.5.7.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.5.7.2. Market Revenue and Forecast, by Coating (2016-2027)
12.5.7.3. Market Revenue and Forecast, by Technology (2016-2027)
12.5.7.4. Market Revenue and Forecast, by Texture (2016-2027)
12.5.8. Market Revenue and Forecast, by End User (2016-2027)
12.5.8.1. Market Revenue and Forecast, by Raw Material (2016-2027)
12.5.9. Rest of LATAM
12.5.9.1. Market Revenue and Forecast, by Vehicle (2016-2027)
12.5.9.2. Market Revenue and Forecast, by Coating (2016-2027)
12.5.9.3. Market Revenue and Forecast, by Technology (2016-2027)
12.5.9.4. Market Revenue and Forecast, by Texture (2016-2027)
12.5.9.5. Market Revenue and Forecast, by End User (2016-2027)
12.5.9.6. Market Revenue and Forecast, by Raw Material (2016-2027)
Chapter 13. Company Profiles
13.1. Smith & Nephew plc
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. CONMED Corporation
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Johnson and Johnson (DePuy Synthes)
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Zimmer Biomet Holdings, Inc.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Arthrex, Inc.
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Stryker
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Medtronic
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Wright Medical Group N.V.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Cook Group Incorporated
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Aju Pharm Co., Ltd.
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
13.11. ALEDA
13.11.1. Company Overview
13.11.2. Product Offerings
13.11.3. Financial Performance
13.11.4. Recent Initiatives
13.12. BMT
13.12.1. Company Overview
13.12.2. Product Offerings
13.12.3. Financial Performance
13.12.4. Recent Initiatives
13.13. Groupe Lépine
13.13.1. Company Overview
13.13.2. Product Offerings
13.13.3. Financial Performance
13.13.4. Recent Initiatives
13.14. In2Bones
13.14.1. Company Overview
13.14.2. Product Offerings
13.14.3. Financial Performance
13.14.4. Recent Initiatives
13.15. MedShape, Inc.
13.15.1. Company Overview
13.15.2. Product Offerings
13.15.3. Financial Performance
13.15.4. Recent Initiatives
13.16. Tulpar Medical Solutions.
13.16.1. Company Overview
13.16.2. Product Offerings
13.16.3. Financial Performance
13.16.4. Recent Initiatives
13.17. VIMS.
13.17.1. Company Overview
13.17.2. Product Offerings
13.17.3. Financial Performance
13.17.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers