Global ACL Reconstruction Procedures Market Growth Analysis With Investment Opportunities For 2024-2033
The Business Research Company's ACL Reconstruction Procedures Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LONDON, GREATER LONDON, UNITED KINGDOM, September 10, 2024 /EINPresswire.com/ -- The ACL reconstruction procedures market has experienced robust growth in recent years, expanding from $6.89 billion in 2023 to $7.4 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to construction industry growth, maintenance and repair activities, warehousing and logistics operations, urbanization, renewable energy projects.
What Is the Estimated Market Size of The Global ACL Reconstruction Procedures Market and Its Annual Growth Rate?
The ACL reconstruction procedures market is projected to grow strongly, reaching $9.58 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to infrastructure renewal and upgradation, focus on sustainable practices, demand for compact and portable AWPs, smart city initiatives, rise in material handling processes.
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Growth Driver of The ACL Reconstruction Procedures Market
The rise in injuries and occurrences caused by sports is expected to propel the growth of the ACL reconstruction procedure market going forward. Sports injuries refer to injuries that can occur during sports or exercise and can be acute or chronic. Poor training methods, skeletal abnormalities, muscle weakness, and unsafe practices are a few reasons for sports injuries. ACL reconstruction procedure is an effective procedure to restore knee stability and function, which addresses the root cause of the problem; as a result, the rise in injuries and occurrences caused by sports boosts the demand for ACL reconstruction procedures.
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Which Market Players Are Driving the ACL Reconstruction Procedures Test Market Growth?
Key players in the ACL reconstruction procedures market include Arthrex Inc., Citieffe s.r.l, CONMED Corporation., DJO Global LLC, Tissue Regenix Group, Medtronic PLC, Miach Orthopaedics.
What Are the Dominant Trends in ACL Reconstruction Procedures Market Size and Growth?
Major companies operating in the ACL reconstruction procedure market are focused on developing new devices such as ACL TightRope II to strengthen their position in the market. ACL TightRope II is a medical device used in orthopedic surgery, particularly in procedures related to anterior cruciate ligament (ACL) reconstruction in the knee.
How Is the Global ACL Reconstruction Procedures Market Segmented?
1) By Type: Extra Articular, Intra Articular
2) By Fixation Type: Femoral, Tibial
3) By End User: Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers
Geographical Insights: North America Leading the ACL Reconstruction Procedures Market
North America was the largest region in the ACL reconstruction procedures market in 2023. The regions covered in the ACL reconstruction procedures market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
ACL Reconstruction Procedures Market Definition
ACL (Anterior Cruciate Ligament) reconstruction refers to surgical procedures to reconstruct the ligament in the center of the knee, connected by the shinbone to the thigh bone. The method includes the repairment of ACL; when the ligament is injured or torn, operations are required to restore knee stability, strength, and movement. After sterilization, the damaged ligament is removed and replaced with another ligament from the patient's body or tissue from a deceased body.
ACL Reconstruction Procedures Global Market Report 2024 from TBRC covers the following information:
• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global ACL reconstruction procedures market report covering trends, opportunities, strategies, and more
The ACL Reconstruction Procedures Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on ACL reconstruction procedures market size, ACL reconstruction procedures market drivers and trends, ACL reconstruction procedures market major players, ACL reconstruction procedures competitors' revenues, ACL reconstruction procedures market positioning, and ACL reconstruction procedures market growth across geographies. The ACL reconstruction procedures market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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