The anterior cruciate ligament (ACL) injuries treatment market consists of surgical and non-surgical procedures that help repair or replace the torn ACL. ACL injuries are one of the most common knee injuries and can occur during sports that involve sudden stops, cuts, jumps, and movements that change direction quickly. The increasing cases of sports injuries and rising awareness about treatment procedures available are driving the growth of the ACL injuries treatment market.
The anterior cruciate ligament injuries market is estimated to be valued at USD 4.81 Bn in 2024 and is expected to reach USD 7.62 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031
Key players operating in the Anterior Cruciate Ligament Injuries Market are Smith & Nephew plc, Stryker Corporation, Zimmer Biomet Holdings, Inc., Arthrex, Inc., DePuy Synthes (a subsidiary of Johnson & Johnson). Key players are focusing on developing advanced surgical grafts and reconstructed ligaments to offer minimally invasive ACL reconstruction procedures.
The rising number of sports events and increasing acceptance of sports as a career option are providing growth opportunities for Anterior Cruciate Ligament Injuries Market procedures. New biomedical technologies for ACL reconstruction and non-surgical treatments are further fueling market growth.
Geographically, North America dominates the global ACL injuries treatment market due to the rising healthcare expenditure. However, Asia Pacific is expected to exhibit the highest growth during the forecast period with increasing healthcare infrastructure and medical tourism in countries like India, China, and Japan.
Market drivers
The anterior cruciate ligament injuries treatment market is driven by the rising prevalence of sports injuries. Young athletes are more commonly exposed to ACL ruptures during physical activities involving sudden stops, changes in direction, and jumping. According to studies, nearly 200,000 ACL reconstructions are performed annually in the U.S. Rising participation in sports and recreational activities has increased the risk of accidental knee injuries. This is expected to significantly drive the demand for effective ACL injuries treatment procedures during the forecast period.
PEST Analysis
Political: The government policies on healthcare reforms and initiatives to increase the awareness on orthopedic disorders positively impact the anterior cruciate ligament injuries market. However, stringent regulations on new product approvals may hamper short term growth.
Economic: Rise in the disposable incomes increases the spending capability of consumers on advanced treatment options and devices for ligament injuries. Though economic slowdowns pose a threat by reducing healthcare budgets of hospitals and individuals.
Social: Higher participation in sports and outdoor recreational activities along with changing lifestyles raises the instances of knee injuries. Awareness programs help people recognize symptoms early and seek timely intervention.
Technological: Developments in techniques like computer-assisted surgery and artificial ligaments using biocompatible materials expand the treatment avenues. However, the high costs of newer technologies restrict their widespread adoption in price sensitive markets.
Geographical regions of concentration
North America holds the major share of the anterior cruciate ligament injuries market in terms of value owing to the developed healthcare infrastructure, high awareness, and adequate reimbursement policies. The region is expected to continue dominating in the forecast period as well.
Fastest growing region
Asia Pacific region is poised to grow at the fastest pace on account of rising medical tourism, increasing healthcare spending, growing middle class population, and economic growth of countries like India and China. Furthermore, initiatives to promote sports and a large patient pool provide immense opportunities for players in the anterior cruciate ligament injuries market.
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