The North America Meniscus Repair Systems Market would witness market growth of 5.2% CAGR during the forecast period (2022-2028).
Hospitals are being urged to improve their equipment and services constantly due to rising knowledge of the availability of cutting-edge items. In addition, the adoption of procedures linked to the meniscus has also increased due to reimbursement coverage for meniscus repair. Such elements enable patients to choose sophisticated and expensive technologies, increasing overall income.
Additionally, it is predicted that an increase in bone-related diseases, traffic accidents, and obesity would boost market expansion overall. One of the primary causes of arthritis is obesity. Therefore, a rise in knee-related injuries and traffic accidents are two critical drivers anticipated to fuel market expansion. Meniscus preservation has received more attention recently as a means of shielding young patients against osteoarthritis. The meniscus is crucial to the stability of the knee joint. Therefore, surgery to repair the meniscus is very important in preventing osteoarthritis.
According to the National Center for Injury Prevention and Control of the Centers for Disease Control and Prevention (CDC), there will be around 22,887,137 visits to emergency departments for non-fatal injuries in the United States year 2020. In addition, the elderly population in the area is another element boosting demand for meniscus repair devices. By 2030, more than 80 million people over 65 will be living in Canada and the United States, up from just under 60 million in 2019. This supports the growth of the regional market.
The US market dominated the North America Meniscus Repair Systems Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $172.7 million by 2028. The Canada market is poised to grow at a CAGR of 7.6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.7% during (2022 - 2028).
Based on Product Type, the market is segmented into All-inside, Inside-out, Outside-in and Meniscal Root Repair System. Based on Application, the market is segmented into Radial Tear, Flap Tear, Horizontal Tear, Complex Tear and Others. Based on End-use, the market is segmented into Hospitals, Ambulatory Surgical Centers, Specialized Orthopedic Clinics and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Meniscus Repair Systems Market is Estimated to reach $618.5 Million by 2028, at a CAGR of 5.7%
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
Market Segments Covered in the Report:
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 Country
- US
- Canada
- Mexico
- Rest of North America
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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Meniscus Repair Systems Market, by Product Type
1.4.2 North America Meniscus Repair Systems Market, by Application
1.4.3 North America Meniscus Repair Systems Market, by End-use
1.4.4 North America Meniscus Repair Systems Market, by Country
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. North America Meniscus Repair Systems Market by Product Type
3.1 North America All-inside Market by Country
3.2 North America Inside-out Market by Country
3.3 North America Outside-in Market by Country
3.4 North America Meniscal Root Repair System Market by Country
Chapter 4. North America Meniscus Repair Systems Market by Application
4.1 North America Radial Tear Market by Country
4.2 North America Flap Tear Market by Country
4.3 North America Horizontal Tear Market by Country
4.4 North America Complex Tear Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Meniscus Repair Systems Market by End-use
5.1 North America Hospitals Market by Country
5.2 North America Ambulatory Surgical Centers Market by Country
5.3 North America Specialized Orthopedic Clinics Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Meniscus Repair Systems Market by Country
6.1 US Meniscus Repair Systems Market
6.1.1 US Meniscus Repair Systems Market by Product Type
6.1.2 US Meniscus Repair Systems Market by Application
6.1.3 US Meniscus Repair Systems Market by End-use
6.2 Canada Meniscus Repair Systems Market
6.2.1 Canada Meniscus Repair Systems Market by Product Type
6.2.2 Canada Meniscus Repair Systems Market by Application
6.2.3 Canada Meniscus Repair Systems Market by End-use
6.3 Mexico Meniscus Repair Systems Market
6.3.1 Mexico Meniscus Repair Systems Market by Product Type
6.3.2 Mexico Meniscus Repair Systems Market by Application
6.3.3 Mexico Meniscus Repair Systems Market by End-use
6.4 Rest of North America Meniscus Repair Systems Market
6.4.1 Rest of North America Meniscus Repair Systems Market by Product Type
6.4.2 Rest of North America Meniscus Repair Systems Market by Application
6.4.3 Rest of North America 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
TABLE 1 North America Meniscus Repair Systems Market, 2018 - 2021, USD Million
TABLE 2 North America Meniscus Repair Systems Market, 2022 - 2028, USD Million
TABLE 3 North America Meniscus Repair Systems Market by Product Type, 2018 - 2021, USD Million
TABLE 4 North America Meniscus Repair Systems Market by Product Type, 2022 - 2028, USD Million
TABLE 5 North America All-inside Market by Country, 2018 - 2021, USD Million
TABLE 6 North America All-inside Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Inside-out Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Inside-out Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Outside-in Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Outside-in Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Meniscal Root Repair System Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Meniscal Root Repair System Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Meniscus Repair Systems Market by Application, 2018 - 2021, USD Million
TABLE 14 North America Meniscus Repair Systems Market by Application, 2022 - 2028, USD Million
TABLE 15 North America Radial Tear Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Radial Tear Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Flap Tear Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Flap Tear Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Horizontal Tear Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Horizontal Tear Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Complex Tear Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Complex Tear Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Meniscus Repair Systems Market by End-use, 2018 - 2021, USD Million
TABLE 26 North America Meniscus Repair Systems Market by End-use, 2022 - 2028, USD Million
TABLE 27 North America Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Ambulatory Surgical Centers Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Ambulatory Surgical Centers Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Specialized Orthopedic Clinics Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Specialized Orthopedic Clinics Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Meniscus Repair Systems Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Meniscus Repair Systems Market by Country, 2022 - 2028, USD Million
TABLE 37 US Meniscus Repair Systems Market, 2018 - 2021, USD Million
TABLE 38 US Meniscus Repair Systems Market, 2022 - 2028, USD Million
TABLE 39 US Meniscus Repair Systems Market by Product Type, 2018 - 2021, USD Million
TABLE 40 US Meniscus Repair Systems Market by Product Type, 2022 - 2028, USD Million
TABLE 41 US Meniscus Repair Systems Market by Application, 2018 - 2021, USD Million
TABLE 42 US Meniscus Repair Systems Market by Application, 2022 - 2028, USD Million
TABLE 43 US Meniscus Repair Systems Market by End-use, 2018 - 2021, USD Million
TABLE 44 US Meniscus Repair Systems Market by End-use, 2022 - 2028, USD Million
TABLE 45 Canada Meniscus Repair Systems Market, 2018 - 2021, USD Million
TABLE 46 Canada Meniscus Repair Systems Market, 2022 - 2028, USD Million
TABLE 47 Canada Meniscus Repair Systems Market by Product Type, 2018 - 2021, USD Million
TABLE 48 Canada Meniscus Repair Systems Market by Product Type, 2022 - 2028, USD Million
TABLE 49 Canada Meniscus Repair Systems Market by Application, 2018 - 2021, USD Million
TABLE 50 Canada Meniscus Repair Systems Market by Application, 2022 - 2028, USD Million
TABLE 51 Canada Meniscus Repair Systems Market by End-use, 2018 - 2021, USD Million
TABLE 52 Canada Meniscus Repair Systems Market by End-use, 2022 - 2028, USD Million
TABLE 53 Mexico Meniscus Repair Systems Market, 2018 - 2021, USD Million
TABLE 54 Mexico Meniscus Repair Systems Market, 2022 - 2028, USD Million
TABLE 55 Mexico Meniscus Repair Systems Market by Product Type, 2018 - 2021, USD Million
TABLE 56 Mexico Meniscus Repair Systems Market by Product Type, 2022 - 2028, USD Million
TABLE 57 Mexico Meniscus Repair Systems Market by Application, 2018 - 2021, USD Million
TABLE 58 Mexico Meniscus Repair Systems Market by Application, 2022 - 2028, USD Million
TABLE 59 Mexico Meniscus Repair Systems Market by End-use, 2018 - 2021, USD Million
TABLE 60 Mexico Meniscus Repair Systems Market by End-use, 2022 - 2028, USD Million
TABLE 61 Rest of North America Meniscus Repair Systems Market, 2018 - 2021, USD Million
TABLE 62 Rest of North America Meniscus Repair Systems Market, 2022 - 2028, USD Million
TABLE 63 Rest of North America Meniscus Repair Systems Market by Product Type, 2018 - 2021, USD Million
TABLE 64 Rest of North America Meniscus Repair Systems Market by Product Type, 2022 - 2028, USD Million
TABLE 65 Rest of North America Meniscus Repair Systems Market by Application, 2018 - 2021, USD Million
TABLE 66 Rest of North America Meniscus Repair Systems Market by Application, 2022 - 2028, USD Million
TABLE 67 Rest of North America Meniscus Repair Systems Market by End-use, 2018 - 2021, USD Million
TABLE 68 Rest of North America Meniscus Repair Systems Market by End-use, 2022 - 2028, USD Million
TABLE 69 Key information –Johnson & Johnson
TABLE 70 key Information – Stryker Corporation
TABLE 71 key Information – Zimmer Biomet Holdings, Inc.
TABLE 72 key Information – Smith & Nephew PLC
TABLE 73 key Information – ConMed Corporation
TABLE 74 key Information – Agilent Technologies, Inc.
TABLE 75 Key Information – Arcuro Medical Ltd.
TABLE 76 Key information – Arthrex, Inc.
TABLE 77 Key Information – Double Medical Technology Inc.
List of Figures
FIG 1 Methodology for the research