The Global Meniscus Repair Systems Market size is expected to reach $618.5 Million by 2028, rising at a market growth of 5.7% CAGR during the forecast period.
The most prevalent knee ailment, a meniscus tear, affects athletes the most. Arthroscopic meniscus repair procedures are often carried out to treat many meniscus injuries, including a flap tear, radial tear, bucket handle tear, and others. Meniscus repair systems are tools used in arthroscopic knee surgery that make meniscal repair easier. Systems for meniscal repair and allograft transplant are designed for these surgeries.
Meniscus repair methods are streamlined meniscus repair techniques that assist in lowering the proportion of meniscus removal in the following years. All-inside meniscus repair, inside-out meniscus repair, outside-in meniscus repair, and meniscus root repair are some of the numerous meniscus repair techniques or suturing methods for which meniscus repair systems are exceptionally made.
Meniscus repair may be done using various methods, including inside-out, outside-in, and all-inside. However, the majority of doctors choose the all-inside meniscal repair approach due to reduced complication rates and less morbidity compared to other procedures.
Hospitals are being urged to improve their equipment and services constantly as consumer awareness of new items grows. The popularity of meniscus repair devices has also been spurred by reimbursement coverage of treatments linked to meniscus tears. Such elements enable consumers to choose sophisticated and expensive equipment, increasing overall sales.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson (DePuy Synthes), Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew PLC, ConMed Corporation, Agilent Technologies, Inc., Arcuro Medical Ltd. (Trendlines Group Ltd.), Arthrex, Inc., and Double Medical Technology Inc.
The most prevalent knee ailment, a meniscus tear, affects athletes the most. Arthroscopic meniscus repair procedures are often carried out to treat many meniscus injuries, including a flap tear, radial tear, bucket handle tear, and others. Meniscus repair systems are tools used in arthroscopic knee surgery that make meniscal repair easier. Systems for meniscal repair and allograft transplant are designed for these surgeries.
Meniscus repair methods are streamlined meniscus repair techniques that assist in lowering the proportion of meniscus removal in the following years. All-inside meniscus repair, inside-out meniscus repair, outside-in meniscus repair, and meniscus root repair are some of the numerous meniscus repair techniques or suturing methods for which meniscus repair systems are exceptionally made.
Meniscus repair may be done using various methods, including inside-out, outside-in, and all-inside. However, the majority of doctors choose the all-inside meniscal repair approach due to reduced complication rates and less morbidity compared to other procedures.
Hospitals are being urged to improve their equipment and services constantly as consumer awareness of new items grows. The popularity of meniscus repair devices has also been spurred by reimbursement coverage of treatments linked to meniscus tears. Such elements enable consumers to choose sophisticated and expensive equipment, increasing overall sales.
COVID-19 Impact Analysis
Globally and regionally, the COVID-19 pandemic changed how healthcare is delivered. Patient's accessibility to healthcare professionals, particularly orthopedic surgeons, has been significantly hampered by the epidemic. The nature of employment in orthopedic wards has also changed how orthopedic patients are admitted. Numerous meniscus repair treatments have been rescheduled or abandoned globally due to the disease. This has had an effect on the need for meniscus repair techniques throughout time. Numerous treatments involving meniscus repair, as well as other joint surgeries, have to be postponed due to the COVID-19 pandemic. The massive distribution of COVID-19 has had a negative impact on the market.Market Growth Factors
Global geriatric population growth
One of the biggest drivers of the market for meniscus repair solutions is the aging population. Compared to athletes, this group is far more prone to meniscus tears. Degenerative tearing is the most prevalent meniscal tear, mainly affecting middle-aged to older adults. Over time, cartilage may become thin and fragile, making it more likely to rip in non-traumatic scenarios like awkwardly rising from a chair or rotating one's leg on a step. Due to all of this and the growing elderly population globally, the market is anticipated to grow throughout the projected period.Increase in sports injuries
Sports injuries often result in meniscus tears. The athletic population is more at danger, particularly those who play sports like basketball, football, and soccer. Traumatic knee injuries are quite prevalent in sports. In addition to the diagnosis, early care for severe injuries is crucial. One of the most frequent injuries among young athletes is a meniscus tear. Additionally, those who participate in frequent physical activity, such as military members, are more susceptible to musculoskeletal problems such as meniscal tears. As more children play sports competitively, there are more sports-related injuries. This element is anticipated to drive the market for meniscus repair systems shortly.
Market Restraining Factors
Surgery to repair the meniscus and infection risk
Risk factors for joint infection following surgery may be separated into the patient- and operation-related categories. For instance, smoking and obesity are essential positive indicators of deep and surface conditions. For example, the intricacy and length of the surgical operation are related to a greater risk of postoperative infection on the procedural side. Patients may not desire these treatments due to the dangers of meniscus surgery, which might hamper the market's development.Product Type Outlook
Based on product type, the meniscus repair systems are divided into meniscal root repair systems, inside-out meniscal repair systems, and all-inside meniscal repair systems. In 2021, the all-inside meniscal repair system segment led the meniscus repair systems market with highest revenue share. All-inside meniscal repair techniques lessen the procedure's complexity, the operation's length, and the danger to the neuro-vascular system. Such technologies also provide shortened operating times, easier implant usage, and the avoidance of hazards related to subsequent incisions. Consequently, the industry development would be aided by growing benefits associated with all-inside meniscus repair techniques and a rise in their acceptance rate.Application Outlook
Based on the clinical application, the meniscus repair systems market is segmented into the radial tear, horizontal tear, flap tear, complicated tear, and others. The horizontal tear segment acquired a significant revenue share in the meniscus repair systems market in 2021. All horizontal meniscus rips that may be fixed arthroscopically should be addressed, increasing the need for meniscus repair systems. Horizontal tears may result in discomfort, restricted mobility, or a feeling that the knee is catching or locking. They may also result in knee swelling and stiffness under certain conditions. However, despite having a horizontal meniscal rupture, the patient can still walk, and several sportsmen may still compete.End-user Outlook
Based on the end-user, the meniscus repair systems market is divided into hospitals, outpatient surgery centers, specialist orthopedic clinics, and others. The hospitals segment dominated the meniscus repair systems market by generating maximum revenue share in 2021. Hospitals have a significant portion of the need for meniscal repair systems due to the rising number of hospital settings that are outfitted with cutting-edge technology for performing knee-related meniscal procedures. Additionally, it is anticipated that more excellent medical coverage for the patient population would increase the number of surgical operations, supporting market expansion.Regional Outlook
Based on geography, the meniscus repair systems market is segmented in North America, Europe, Asia Pacific, and LAMEA. The North America region held the largest share in the meniscus repair systems market in 2021. This may be attributable to an increase in knee operations, likely to boost the market in the United States and increase healthcare costs. One of the main drivers of the meniscus repair systems market in the area is the increase in meniscal-related operations brought on by the availability of cutting-edge diagnostic technologies and a rise in sports involvement.The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson (DePuy Synthes), Stryker Corporation, Zimmer Biomet Holdings, Inc., Smith & Nephew PLC, ConMed Corporation, Agilent Technologies, Inc., Arcuro Medical Ltd. (Trendlines Group Ltd.), Arthrex, Inc., and Double Medical Technology Inc.
Scope of the Study
By Product Type
- All-inside
- Inside-out
- Outside-in
- Meniscal Root Repair System
By Application
- Radial Tear
- Flap Tear
- Horizontal Tear
- Complex Tear
- Others
By End-use
- Hospitals
- Ambulatory Surgical Centers
- Specialized Orthopedic Clinics
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Johnson & Johnson (DePuy Synthes)
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
- Smith & Nephew PLC
- ConMed Corporation
- Agilent Technologies, Inc.
- Arcuro Medical Ltd. (Trendlines Group Ltd.)
- Arthrex, Inc.
- Double Medical Technology Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Meniscus Repair Systems Market, by Product Type
1.4.2 Global Meniscus Repair Systems Market, by Application
1.4.3 Global Meniscus Repair Systems Market, by End-use
1.4.4 Global Meniscus Repair Systems Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Meniscus Repair Systems Market by Product Type
3.1 Global All-inside Market by Region
3.2 Global Inside-out Market by Region
3.3 Global Outside-in Market by Region
3.4 Global Meniscal Root Repair System Market by Region
Chapter 4. Global Meniscus Repair Systems Market by Application
4.1 Global Radial Tear Market by Region
4.2 Global Flap Tear Market by Region
4.3 Global Horizontal Tear Market by Region
4.4 Global Complex Tear Market by Region
4.5 Global Others Market by Region
Chapter 5. Global Meniscus Repair Systems Market by End-use
5.1 Global Hospitals Market by Region
5.2 Global Ambulatory Surgical Centers Market by Region
5.3 Global Specialized Orthopedic Clinics Market by Region
5.4 Global Others Market by Region
Chapter 6. Global Meniscus Repair Systems Market by Region
6.1 North America Meniscus Repair Systems Market
6.1.1 North America Meniscus Repair Systems Market by Product Type
6.1.1.1 North America All-inside Market by Country
6.1.1.2 North America Inside-out Market by Country
6.1.1.3 North America Outside-in Market by Country
6.1.1.4 North America Meniscal Root Repair System Market by Country
6.1.2 North America Meniscus Repair Systems Market by Application
6.1.2.1 North America Radial Tear Market by Country
6.1.2.2 North America Flap Tear Market by Country
6.1.2.3 North America Horizontal Tear Market by Country
6.1.2.4 North America Complex Tear Market by Country
6.1.2.5 North America Others Market by Country
6.1.3 North America Meniscus Repair Systems Market by End-use
6.1.3.1 North America Hospitals Market by Country
6.1.3.2 North America Ambulatory Surgical Centers Market by Country
6.1.3.3 North America Specialized Orthopedic Clinics Market by Country
6.1.3.4 North America Others Market by Country
6.1.4 North America Meniscus Repair Systems Market by Country
6.1.4.1 US Meniscus Repair Systems Market
6.1.4.1.1 US Meniscus Repair Systems Market by Product Type
6.1.4.1.2 US Meniscus Repair Systems Market by Application
6.1.4.1.3 US Meniscus Repair Systems Market by End-use
6.1.4.2 Canada Meniscus Repair Systems Market
6.1.4.2.1 Canada Meniscus Repair Systems Market by Product Type
6.1.4.2.2 Canada Meniscus Repair Systems Market by Application
6.1.4.2.3 Canada Meniscus Repair Systems Market by End-use
6.1.4.3 Mexico Meniscus Repair Systems Market
6.1.4.3.1 Mexico Meniscus Repair Systems Market by Product Type
6.1.4.3.2 Mexico Meniscus Repair Systems Market by Application
6.1.4.3.3 Mexico Meniscus Repair Systems Market by End-use
6.1.4.4 Rest of North America Meniscus Repair Systems Market
6.1.4.4.1 Rest of North America Meniscus Repair Systems Market by Product Type
6.1.4.4.2 Rest of North America Meniscus Repair Systems Market by Application
6.1.4.4.3 Rest of North America Meniscus Repair Systems Market by End-use
6.2 Europe Meniscus Repair Systems Market
6.2.1 Europe Meniscus Repair Systems Market by Product Type
6.2.1.1 Europe All-inside Market by Country
6.2.1.2 Europe Inside-out Market by Country
6.2.1.3 Europe Outside-in Market by Country
6.2.1.4 Europe Meniscal Root Repair System Market by Country
6.2.2 Europe Meniscus Repair Systems Market by Application
6.2.2.1 Europe Radial Tear Market by Country
6.2.2.2 Europe Flap Tear Market by Country
6.2.2.3 Europe Horizontal Tear Market by Country
6.2.2.4 Europe Complex Tear Market by Country
6.2.2.5 Europe Others Market by Country
6.2.3 Europe Meniscus Repair Systems Market by End-use
6.2.3.1 Europe Hospitals Market by Country
6.2.3.2 Europe Ambulatory Surgical Centers Market by Country
6.2.3.3 Europe Specialized Orthopedic Clinics Market by Country
6.2.3.4 Europe Others Market by Country
6.2.4 Europe Meniscus Repair Systems Market by Country
6.2.4.1 Germany Meniscus Repair Systems Market
6.2.4.1.1 Germany Meniscus Repair Systems Market by Product Type
6.2.4.1.2 Germany Meniscus Repair Systems Market by Application
6.2.4.1.3 Germany Meniscus Repair Systems Market by End-use
6.2.4.2 UK Meniscus Repair Systems Market
6.2.4.2.1 UK Meniscus Repair Systems Market by Product Type
6.2.4.2.2 UK Meniscus Repair Systems Market by Application
6.2.4.2.3 UK Meniscus Repair Systems Market by End-use
6.2.4.3 France Meniscus Repair Systems Market
6.2.4.3.1 France Meniscus Repair Systems Market by Product Type
6.2.4.3.2 France Meniscus Repair Systems Market by Application
6.2.4.3.3 France Meniscus Repair Systems Market by End-use
6.2.4.4 Russia Meniscus Repair Systems Market
6.2.4.4.1 Russia Meniscus Repair Systems Market by Product Type
6.2.4.4.2 Russia Meniscus Repair Systems Market by Application
6.2.4.4.3 Russia Meniscus Repair Systems Market by End-use
6.2.4.5 Spain Meniscus Repair Systems Market
6.2.4.5.1 Spain Meniscus Repair Systems Market by Product Type
6.2.4.5.2 Spain Meniscus Repair Systems Market by Application
6.2.4.5.3 Spain Meniscus Repair Systems Market by End-use
6.2.4.6 Italy Meniscus Repair Systems Market
6.2.4.6.1 Italy Meniscus Repair Systems Market by Product Type
6.2.4.6.2 Italy Meniscus Repair Systems Market by Application
6.2.4.6.3 Italy Meniscus Repair Systems Market by End-use
6.2.4.7 Rest of Europe Meniscus Repair Systems Market
6.2.4.7.1 Rest of Europe Meniscus Repair Systems Market by Product Type
6.2.4.7.2 Rest of Europe Meniscus Repair Systems Market by Application
6.2.4.7.3 Rest of Europe Meniscus Repair Systems Market by End-use
6.3 Asia Pacific Meniscus Repair Systems Market
6.3.1 Asia Pacific Meniscus Repair Systems Market by Product Type
6.3.1.1 Asia Pacific All-inside Market by Country
6.3.1.2 Asia Pacific Inside-out Market by Country
6.3.1.3 Asia Pacific Outside-in Market by Country
6.3.1.4 Asia Pacific Meniscal Root Repair System Market by Country
6.3.2 Asia Pacific Meniscus Repair Systems Market by Application
6.3.2.1 Asia Pacific Radial Tear Market by Country
6.3.2.2 Asia Pacific Flap Tear Market by Country
6.3.2.3 Asia Pacific Horizontal Tear Market by Country
6.3.2.4 Asia Pacific Complex Tear Market by Country
6.3.2.5 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Meniscus Repair Systems Market by End-use
6.3.3.1 Asia Pacific Hospitals Market by Country
6.3.3.2 Asia Pacific Ambulatory Surgical Centers Market by Country
6.3.3.3 Asia Pacific Specialized Orthopedic Clinics Market by Country
6.3.3.4 Asia Pacific Others Market by Country
6.3.4 Asia Pacific Meniscus Repair Systems Market by Country
6.3.4.1 China Meniscus Repair Systems Market
6.3.4.1.1 China Meniscus Repair Systems Market by Product Type
6.3.4.1.2 China Meniscus Repair Systems Market by Application
6.3.4.1.3 China Meniscus Repair Systems Market by End-use
6.3.4.2 Japan Meniscus Repair Systems Market
6.3.4.2.1 Japan Meniscus Repair Systems Market by Product Type
6.3.4.2.2 Japan Meniscus Repair Systems Market by Application
6.3.4.2.3 Japan Meniscus Repair Systems Market by End-use
6.3.4.3 India Meniscus Repair Systems Market
6.3.4.3.1 India Meniscus Repair Systems Market by Product Type
6.3.4.3.2 India Meniscus Repair Systems Market by Application
6.3.4.3.3 India Meniscus Repair Systems Market by End-use
6.3.4.4 South Korea Meniscus Repair Systems Market
6.3.4.4.1 South Korea Meniscus Repair Systems Market by Product Type
6.3.4.4.2 South Korea Meniscus Repair Systems Market by Application
6.3.4.4.3 South Korea Meniscus Repair Systems Market by End-use
6.3.4.5 Singapore Meniscus Repair Systems Market
6.3.4.5.1 Singapore Meniscus Repair Systems Market by Product Type
6.3.4.5.2 Singapore Meniscus Repair Systems Market by Application
6.3.4.5.3 Singapore Meniscus Repair Systems Market by End-use
6.3.4.6 Malaysia Meniscus Repair Systems Market
6.3.4.6.1 Malaysia Meniscus Repair Systems Market by Product Type
6.3.4.6.2 Malaysia Meniscus Repair Systems Market by Application
6.3.4.6.3 Malaysia Meniscus Repair Systems Market by End-use
6.3.4.7 Rest of Asia Pacific Meniscus Repair Systems Market
6.3.4.7.1 Rest of Asia Pacific Meniscus Repair Systems Market by Product Type
6.3.4.7.2 Rest of Asia Pacific Meniscus Repair Systems Market by Application
6.3.4.7.3 Rest of Asia Pacific Meniscus Repair Systems Market by End-use
6.4 LAMEA Meniscus Repair Systems Market
6.4.1 LAMEA Meniscus Repair Systems Market by Product Type
6.4.1.1 LAMEA All-inside Market by Country
6.4.1.2 LAMEA Inside-out Market by Country
6.4.1.3 LAMEA Outside-in Market by Country
6.4.1.4 LAMEA Meniscal Root Repair System Market by Country
6.4.2 LAMEA Meniscus Repair Systems Market by Application
6.4.2.1 LAMEA Radial Tear Market by Country
6.4.2.2 LAMEA Flap Tear Market by Country
6.4.2.3 LAMEA Horizontal Tear Market by Country
6.4.2.4 LAMEA Complex Tear Market by Country
6.4.2.5 LAMEA Others Market by Country
6.4.3 LAMEA Meniscus Repair Systems Market by End-use
6.4.3.1 LAMEA Hospitals Market by Country
6.4.3.2 LAMEA Ambulatory Surgical Centers Market by Country
6.4.3.3 LAMEA Specialized Orthopedic Clinics Market by Country
6.4.3.4 LAMEA Others Market by Country
6.4.4 LAMEA Meniscus Repair Systems Market by Country
6.4.4.1 Brazil Meniscus Repair Systems Market
6.4.4.1.1 Brazil Meniscus Repair Systems Market by Product Type
6.4.4.1.2 Brazil Meniscus Repair Systems Market by Application
6.4.4.1.3 Brazil Meniscus Repair Systems Market by End-use
6.4.4.2 Argentina Meniscus Repair Systems Market
6.4.4.2.1 Argentina Meniscus Repair Systems Market by Product Type
6.4.4.2.2 Argentina Meniscus Repair Systems Market by Application
6.4.4.2.3 Argentina Meniscus Repair Systems Market by End-use
6.4.4.3 UAE Meniscus Repair Systems Market
6.4.4.3.1 UAE Meniscus Repair Systems Market by Product Type
6.4.4.3.2 UAE Meniscus Repair Systems Market by Application
6.4.4.3.3 UAE Meniscus Repair Systems Market by End-use
6.4.4.4 Saudi Arabia Meniscus Repair Systems Market
6.4.4.4.1 Saudi Arabia Meniscus Repair Systems Market by Product Type
6.4.4.4.2 Saudi Arabia Meniscus Repair Systems Market by Application
6.4.4.4.3 Saudi Arabia Meniscus Repair Systems Market by End-use
6.4.4.5 South Africa Meniscus Repair Systems Market
6.4.4.5.1 South Africa Meniscus Repair Systems Market by Product Type
6.4.4.5.2 South Africa Meniscus Repair Systems Market by Application
6.4.4.5.3 South Africa Meniscus Repair Systems Market by End-use
6.4.4.6 Nigeria Meniscus Repair Systems Market
6.4.4.6.1 Nigeria Meniscus Repair Systems Market by Product Type
6.4.4.6.2 Nigeria Meniscus Repair Systems Market by Application
6.4.4.6.3 Nigeria Meniscus Repair Systems Market by End-use
6.4.4.7 Rest of LAMEA Meniscus Repair Systems Market
6.4.4.7.1 Rest of LAMEA Meniscus Repair Systems Market by Product Type
6.4.4.7.2 Rest of LAMEA Meniscus Repair Systems Market by Application
6.4.4.7.3 Rest of LAMEA Meniscus Repair Systems Market by End-use
Chapter 7. Company Profiles
7.1 Johnson & Johnson (DePuy Synthes)
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental &Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launches and Product Expansions:
7.2 Stryker Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Zimmer Biomet Holdings, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Acquisition and Mergers:
7.4 Smith & Nephew PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional and Segmental Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.5 ConMed Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expense
7.6 Agilent Technologies, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Arcuro Medical Ltd. (Trendlines Group Ltd.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Research & Development Expenses
7.8 Arthrex, Inc.
7.8.1 Company Overview
7.9 Double Medical Technology Inc.
7.9.1 Company Overview
Companies Mentioned
- Johnson & Johnson (DePuy Synthes)
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
- Smith & Nephew PLC
- ConMed Corporation
- Agilent Technologies, Inc.
- Arcuro Medical Ltd. (Trendlines Group Ltd.)
- Arthrex, Inc.
- Double Medical Technology Inc.
Methodology
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