According to a new report, published by KBV research, The Global Tendon Allograft Market size is expected to reach $38.3 billion by 2031, rising at a market growth of 4.9% CAGR during the forecast period.
Healthcare professionals, including orthopedic surgeons, sports medicine specialists, and physiotherapists, increasingly recognize the advantages of tendon allografts over traditional autografts and synthetic implants. Allografts offer several clinical benefits, making them an attractive option for tendon repair and reconstruction surgeries. Tendon allografts are more readily available than autografts since they can be sourced from tissue banks and cadaveric donors. This availability streamlines surgical scheduling and eliminates the variability associated with autograft availability, especially in emergency or complex cases.
The Hospitals segment is leading the Global Tendon Allograft Market, by End User in 2023; thereby, achieving a market value of $20.2 billion by 2031. Hospitals, particularly large medical centers and academic institutions are hubs for complex orthopedic surgeries requiring tendon allografts. They benefit from comprehensive facilities, specialized surgical teams, and advanced infrastructure that support the integration of allografts into various orthopedic procedures, including ACL reconstruction, ligament repairs, and joint stabilizations.
The Tibialis segment would showcase a CAGR of 5.3% during (2024 - 2031). The tibialis anterior and posterior tendons are integral to foot and ankle movements, making them crucial in procedures addressing conditions like chronic ankle instability, tendon ruptures, and foot deformities. Tibialis tendon allografts are favored for restoring stability and function in these areas. They are used in reconstructive surgeries and corrective procedures, benefiting from advancements in surgical techniques that enhance graft placement and patient recovery.
Full Report: https://www.kbvresearch.com/tendon-allograft-market/
The North America region dominated the Global Tendon Allograft Market, by region in 2023; thereby, achieving a market value of $13 billion by 2031. The Europe region is poised to grow at a CAGR of 4.6% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 5.4% during (2024 - 2031).
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