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Suture Anchors Market by Product Type, Tying Type, Material, End-user: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 368 Pages
  • December 2022
  • Region: Global
  • Allied Market Research
  • ID: 5743587
The global Suture anchors market accounted for $572.5 million in 2021, and is expected to reach $899.4 million by 2031, registering a CAGR of 4.6% from 2022 to 2031.

Suture anchors are widely used for securing soft tissue (such as tendons, ligaments, and menisci) to the bone and have become crucial tools in arthroscopic surgery and sports medicine. Suture anchors are evolving constantly to become safer and more effective. In addition, the invention of suture anchors has revolutionized orthopedic surgery as it enables quick and simple fixation of soft tissue (such as tendons and ligaments) to the bone in both open and arthroscopic surgery around the shoulder, elbow, wrist, and lower limb joints. The methods employed in shoulder surgery, specifically the open repair of the rotator cuff & labrum with screws, washers, transosseous sutures, & staples and the arthroscopic repair with suture anchors, have undergone a major modification.

The suture anchors market is expected to experience significant market growth during the forecast period owing to the increasing geriatric population suffering from orthopedic illness, advancement in the technology, s, boost in healthcare expenditure, and higher government support. In addition, surge in investment by players on R&D, presence of robust pipeline candidates, and rise in expenditure on the development of healthcare infrastructure further facilitate the growth of the market. However, strict and extended product approval processes are expected to impede the market growth. In contrast, upsurge in healthcare investments in public as well as private sectors are anticipated to provide significant growth opportunities for the suture anchors market.

The suture anchors market is segmented on the basis of product type, tying type, material, end user, and region. Depending on product type, the market is classified into absorbable and non-absorbable. On basis of tying type, the market is bifurcated into knotless and knotted. Depending on material, the market is segregated into bio-composite suture anchor, peek suture anchor/ biostable, and others. By end user, the market is classified into hospitals & clinics and ambulatory surgery centers.

Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).

The report provides a comprehensive analysis of the key players that operate in the global Suture anchors market. The key companies profiled in the report include Anika Therapeutics Inc, Arthrex, Inc. CONMED Corporation, Johnson and Johnson, Medtronic plc, Ossio Inc., Paragon 28, Inc, Smith & Nephew plc, Stryker Corporation, and Zimmer Biomet Holdings, Inc.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the suture anchors market analysis from 2021 to 2031 to identify the prevailing suture anchors market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the suture anchors market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global suture anchors market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Product Type

  • Absorbable
  • Non-Absorbable

By Tying Type

  • Knotless
  • Knotted

By Material

  • Bio-composite Suture Anchor
  • PEEK Suture Anchor
  • Others

By End User

  • Hospitals and Clinics
  • Ambulatory Surgical Centers

By Region

  • North America
  • U..S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

Key Market Players

  • Johnson and Johnson
  • Anika Therapeutics Inc.
  • Paragon 28, Inc
  • Stryker Corporation
  • Zimmer Biomet Holdings, Inc.
  • Arthrex, Inc.
  • Ossio Inc.
  • Medtronic plc
  • Smith & Nephew plc
  • CONMED Corporation

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Rise in sports and physical workout related injuries
3.4.1.2. Introduction of new technologies
3.4.1.3. Increase in number of orthopedic injuries and surgeries
3.4.2. Restraints
3.4.2.1. Strict regulatory rules and high cost
3.4.3. Opportunities
3.4.3.1. Growth potential of emerging economies
3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: SUTURE ANCHORS MARKET, BY PRODUCT TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2. Absorbable
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Non-Absorbable
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country

CHAPTER 5: SUTURE ANCHORS MARKET, BY TYING TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2. Knotless
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Knotted
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country

CHAPTER 6: SUTURE ANCHORS MARKET, BY MATERIAL
6.1 Overview
6.1.1 Market size and forecast
6.2. Bio-composite Suture Anchor
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3. PEEK Suture Anchor
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4. Others
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country

CHAPTER 7: SUTURE ANCHORS MARKET, BY END USER
7.1 Overview
7.1.1 Market size and forecast
7.2. Hospitals and Clinics
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.3. Ambulatory Surgical Centers
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country

CHAPTER 8: SUTURE ANCHORS MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Product Type
8.2.3 North America Market size and forecast, by Tying Type
8.2.4 North America Market size and forecast, by Material
8.2.5 North America Market size and forecast, by End User
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.. S.
8.2.6.1.1 Key market trends, growth factors and opportunities
8.2.6.1.2 Market size and forecast, by Product Type
8.2.6.1.3 Market size and forecast, by Tying Type
8.2.6.1.4 Market size and forecast, by Material
8.2.6.1.5 Market size and forecast, by End User
8.2.6.2 Canada
8.2.6.2.1 Key market trends, growth factors and opportunities
8.2.6.2.2 Market size and forecast, by Product Type
8.2.6.2.3 Market size and forecast, by Tying Type
8.2.6.2.4 Market size and forecast, by Material
8.2.6.2.5 Market size and forecast, by End User
8.2.6.3 Mexico
8.2.6.3.1 Key market trends, growth factors and opportunities
8.2.6.3.2 Market size and forecast, by Product Type
8.2.6.3.3 Market size and forecast, by Tying Type
8.2.6.3.4 Market size and forecast, by Material
8.2.6.3.5 Market size and forecast, by End User
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Product Type
8.3.3 Europe Market size and forecast, by Tying Type
8.3.4 Europe Market size and forecast, by Material
8.3.5 Europe Market size and forecast, by End User
8.3.6 Europe Market size and forecast, by country
8.3.6.1 Germany
8.3.6.1.1 Key market trends, growth factors and opportunities
8.3.6.1.2 Market size and forecast, by Product Type
8.3.6.1.3 Market size and forecast, by Tying Type
8.3.6.1.4 Market size and forecast, by Material
8.3.6.1.5 Market size and forecast, by End User
8.3.6.2 France
8.3.6.2.1 Key market trends, growth factors and opportunities
8.3.6.2.2 Market size and forecast, by Product Type
8.3.6.2.3 Market size and forecast, by Tying Type
8.3.6.2.4 Market size and forecast, by Material
8.3.6.2.5 Market size and forecast, by End User
8.3.6.3 UK
8.3.6.3.1 Key market trends, growth factors and opportunities
8.3.6.3.2 Market size and forecast, by Product Type
8.3.6.3.3 Market size and forecast, by Tying Type
8.3.6.3.4 Market size and forecast, by Material
8.3.6.3.5 Market size and forecast, by End User
8.3.6.4 Italy
8.3.6.4.1 Key market trends, growth factors and opportunities
8.3.6.4.2 Market size and forecast, by Product Type
8.3.6.4.3 Market size and forecast, by Tying Type
8.3.6.4.4 Market size and forecast, by Material
8.3.6.4.5 Market size and forecast, by End User
8.3.6.5 Spain
8.3.6.5.1 Key market trends, growth factors and opportunities
8.3.6.5.2 Market size and forecast, by Product Type
8.3.6.5.3 Market size and forecast, by Tying Type
8.3.6.5.4 Market size and forecast, by Material
8.3.6.5.5 Market size and forecast, by End User
8.3.6.6 Rest of Europe
8.3.6.6.1 Key market trends, growth factors and opportunities
8.3.6.6.2 Market size and forecast, by Product Type
8.3.6.6.3 Market size and forecast, by Tying Type
8.3.6.6.4 Market size and forecast, by Material
8.3.6.6.5 Market size and forecast, by End User
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Product Type
8.4.3 Asia-Pacific Market size and forecast, by Tying Type
8.4.4 Asia-Pacific Market size and forecast, by Material
8.4.5 Asia-Pacific Market size and forecast, by End User
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Key market trends, growth factors and opportunities
8.4.6.1.2 Market size and forecast, by Product Type
8.4.6.1.3 Market size and forecast, by Tying Type
8.4.6.1.4 Market size and forecast, by Material
8.4.6.1.5 Market size and forecast, by End User
8.4.6.2 Japan
8.4.6.2.1 Key market trends, growth factors and opportunities
8.4.6.2.2 Market size and forecast, by Product Type
8.4.6.2.3 Market size and forecast, by Tying Type
8.4.6.2.4 Market size and forecast, by Material
8.4.6.2.5 Market size and forecast, by End User
8.4.6.3 India
8.4.6.3.1 Key market trends, growth factors and opportunities
8.4.6.3.2 Market size and forecast, by Product Type
8.4.6.3.3 Market size and forecast, by Tying Type
8.4.6.3.4 Market size and forecast, by Material
8.4.6.3.5 Market size and forecast, by End User
8.4.6.4 Australia
8.4.6.4.1 Key market trends, growth factors and opportunities
8.4.6.4.2 Market size and forecast, by Product Type
8.4.6.4.3 Market size and forecast, by Tying Type
8.4.6.4.4 Market size and forecast, by Material
8.4.6.4.5 Market size and forecast, by End User
8.4.6.5 South Korea
8.4.6.5.1 Key market trends, growth factors and opportunities
8.4.6.5.2 Market size and forecast, by Product Type
8.4.6.5.3 Market size and forecast, by Tying Type
8.4.6.5.4 Market size and forecast, by Material
8.4.6.5.5 Market size and forecast, by End User
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Key market trends, growth factors and opportunities
8.4.6.6.2 Market size and forecast, by Product Type
8.4.6.6.3 Market size and forecast, by Tying Type
8.4.6.6.4 Market size and forecast, by Material
8.4.6.6.5 Market size and forecast, by End User
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Product Type
8.5.3 LAMEA Market size and forecast, by Tying Type
8.5.4 LAMEA Market size and forecast, by Material
8.5.5 LAMEA Market size and forecast, by End User
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Brazil
8.5.6.1.1 Key market trends, growth factors and opportunities
8.5.6.1.2 Market size and forecast, by Product Type
8.5.6.1.3 Market size and forecast, by Tying Type
8.5.6.1.4 Market size and forecast, by Material
8.5.6.1.5 Market size and forecast, by End User
8.5.6.2 Saudi Arabia
8.5.6.2.1 Key market trends, growth factors and opportunities
8.5.6.2.2 Market size and forecast, by Product Type
8.5.6.2.3 Market size and forecast, by Tying Type
8.5.6.2.4 Market size and forecast, by Material
8.5.6.2.5 Market size and forecast, by End User
8.5.6.3 South Africa
8.5.6.3.1 Key market trends, growth factors and opportunities
8.5.6.3.2 Market size and forecast, by Product Type
8.5.6.3.3 Market size and forecast, by Tying Type
8.5.6.3.4 Market size and forecast, by Material
8.5.6.3.5 Market size and forecast, by End User
8.5.6.4 Rest of LAMEA
8.5.6.4.1 Key market trends, growth factors and opportunities
8.5.6.4.2 Market size and forecast, by Product Type
8.5.6.4.3 Market size and forecast, by Tying Type
8.5.6.4.4 Market size and forecast, by Material
8.5.6.4.5 Market size and forecast, by End User

CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top player positioning, 2021

CHAPTER 10: COMPANY PROFILES
10.1 Johnson and Johnson
10.1.1 Company overview
10.1.2 Key Executives
10.1.3 Company snapshot
10.1.4 Operating business segments
10.1.5 Product portfolio
10.1.6 Business performance
10.1.7 Key strategic moves and developments
10.2 Anika Therapeutics Inc.
10.2.1 Company overview
10.2.2 Key Executives
10.2.3 Company snapshot
10.2.4 Operating business segments
10.2.5 Product portfolio
10.2.6 Business performance
10.2.7 Key strategic moves and developments
10.3 Paragon 28, Inc
10.3.1 Company overview
10.3.2 Key Executives
10.3.3 Company snapshot
10.3.4 Operating business segments
10.3.5 Product portfolio
10.3.6 Business performance
10.3.7 Key strategic moves and developments
10.4 Stryker Corporation
10.4.1 Company overview
10.4.2 Key Executives
10.4.3 Company snapshot
10.4.4 Operating business segments
10.4.5 Product portfolio
10.4.6 Business performance
10.4.7 Key strategic moves and developments
10.5 Zimmer Biomet Holdings, Inc.
10.5.1 Company overview
10.5.2 Key Executives
10.5.3 Company snapshot
10.5.4 Operating business segments
10.5.5 Product portfolio
10.5.6 Business performance
10.5.7 Key strategic moves and developments
10.6 Arthrex, Inc.
10.6.1 Company overview
10.6.2 Key Executives
10.6.3 Company snapshot
10.6.4 Operating business segments
10.6.5 Product portfolio
10.6.6 Business performance
10.6.7 Key strategic moves and developments
10.7 Ossio Inc.
10.7.1 Company overview
10.7.2 Key Executives
10.7.3 Company snapshot
10.7.4 Operating business segments
10.7.5 Product portfolio
10.7.6 Business performance
10.7.7 Key strategic moves and developments
10.8 Medtronic plc
10.8.1 Company overview
10.8.2 Key Executives
10.8.3 Company snapshot
10.8.4 Operating business segments
10.8.5 Product portfolio
10.8.6 Business performance
10.8.7 Key strategic moves and developments
10.9 Smith & Nephew plc
10.9.1 Company overview
10.9.2 Key Executives
10.9.3 Company snapshot
10.9.4 Operating business segments
10.9.5 Product portfolio
10.9.6 Business performance
10.9.7 Key strategic moves and developments
10.10 CONMED Corporation
10.10.1 Company overview
10.10.2 Key Executives
10.10.3 Company snapshot
10.10.4 Operating business segments
10.10.5 Product portfolio
10.10.6 Business performance
10.10.7 Key strategic moves and developments

List of Tables
Table 1. Global Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 2. Suture Anchors Market for Absorbable, by Region, 2021-2031 (Revenue, $Million)
Table 3. Suture Anchors Market for Non-Absorbable, by Region, 2021-2031 (Revenue, $Million)
Table 4. Global Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 5. Suture Anchors Market for Knotless, by Region, 2021-2031 (Revenue, $Million)
Table 6. Suture Anchors Market for Knotted, by Region, 2021-2031 (Revenue, $Million)
Table 7. Global Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 8. Suture Anchors Market for Bio-Composite Suture Anchor, by Region, 2021-2031 (Revenue, $Million)
Table 9. Suture Anchors Market for Peek Suture Anchor, by Region, 2021-2031 (Revenue, $Million)
Table 10. Suture Anchors Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 11. Global Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 12. Suture Anchors Market for Hospitals and Clinics, by Region, 2021-2031 (Revenue, $Million)
Table 13. Suture Anchors Market for Ambulatory Surgical Centers, by Region, 2021-2031 (Revenue, $Million)
Table 14. Suture Anchors Market, by Region, 2021-2031 (Revenue, $Million)
Table 15. North America Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 16. North America Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 17. North America Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 18. North America Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 19. North America Suture Anchors Market, by Country, 2021-2031 (Revenue, $Million)
Table 20. U..S. Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 21. U..S. Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 22. U..S. Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 23. U..S. Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 24. Canada Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 25. Canada Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 26. Canada Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 27. Canada Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 28. Mexico Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 29. Mexico Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 30. Mexico Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 31. Mexico Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 32. Europe Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 33. Europe Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 34. Europe Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 35. Europe Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 36. Europe Suture Anchors Market, by Country, 2021-2031 (Revenue, $Million)
Table 37. Germany Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 38. Germany Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 39. Germany Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 40. Germany Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 41. France Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 42. France Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 43. France Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 44. France Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 45. UK Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 46. UK Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 47. UK Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 48. UK Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 49. Italy Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 50. Italy Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 51. Italy Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 52. Italy Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 53. Spain Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 54. Spain Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 55. Spain Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 56. Spain Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 57. Rest of Europe Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 58. Rest of Europe Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 59. Rest of Europe Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 60. Rest of Europe Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 61. Asia-Pacific Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 62. Asia-Pacific Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 63. Asia-Pacific Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 64. Asia-Pacific Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 65. Asia-Pacific Suture Anchors Market, by Country, 2021-2031 (Revenue, $Million)
Table 66. China Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 67. China Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 68. China Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 69. China Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 70. Japan Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 71. Japan Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 72. Japan Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 73. Japan Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 74. India Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 75. India Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 76. India Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 77. India Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 78. Australia Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 79. Australia Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 80. Australia Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 81. Australia Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 82. South Korea Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 83. South Korea Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 84. South Korea Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 85. South Korea Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 86. Rest of Asia-Pacific Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 87. Rest of Asia-Pacific Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 88. Rest of Asia-Pacific Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 89. Rest of Asia-Pacific Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 90. LAMEA Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 91. LAMEA Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 92. LAMEA Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 93. LAMEA Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 94. LAMEA Suture Anchors Market, by Country, 2021-2031 (Revenue, $Million)
Table 95. Brazil Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 96. Brazil Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 97. Brazil Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 98. Brazil Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 99. Saudi Arabia Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 100. Saudi Arabia Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 101. Saudi Arabia Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 102. Saudi Arabia Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 103. South Africa Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 104. South Africa Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 105. South Africa Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 106. South Africa Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 107. Rest of LAMEA Suture Anchors Market, by Product Type, 2021-2031 (Revenue, $Million)
Table 108. Rest of LAMEA Suture Anchors Market, by Tying Type, 2021-2031 (Revenue, $Million)
Table 109. Rest of LAMEA Suture Anchors Market, by Material, 2021-2031 (Revenue, $Million)
Table 110. Rest of LAMEA Suture Anchors Market, by End-user, 2021-2031 (Revenue, $Million)
Table 111. Johnson and Johnson: Key Executives
Table 112. Johnson and Johnson: Company Snapshot
Table 113. Johnson and Johnson: Operating Segments
Table 114. Johnson and Johnson: Product Portfolio
Table 115. Johnson and Johnson: Net Sales
Table 116. Johnson and Johnson: Key Stratergies
Table 117. Anika Therapeutics Inc.: Key Executives
Table 118. Anika Therapeutics Inc.: Company Snapshot
Table 119. Anika Therapeutics Inc.: Operating Segments
Table 120. Anika Therapeutics Inc.: Product Portfolio
Table 121. Anika Therapeutics Inc.: Net Sales
Table 122. Anika Therapeutics Inc.: Key Stratergies
Table 123. Paragon 28, Inc: Key Executives
Table 124. Paragon 28, Inc: Company Snapshot
Table 125. Paragon 28, Inc: Operating Segments
Table 126. Paragon 28, Inc: Product Portfolio
Table 127. Paragon 28, Inc: Net Sales
Table 128. Paragon 28, Inc: Key Stratergies
Table 129. Stryker Corporation: Key Executives
Table 130. Stryker Corporation: Company Snapshot
Table 131. Stryker Corporation: Operating Segments
Table 132. Stryker Corporation: Product Portfolio
Table 133. Stryker Corporation: Net Sales
Table 134. Stryker Corporation: Key Stratergies
Table 135. Zimmer Biomet Holdings, Inc.: Key Executives
Table 136. Zimmer Biomet Holdings, Inc.: Company Snapshot
Table 137. Zimmer Biomet Holdings, Inc.: Operating Segments
Table 138. Zimmer Biomet Holdings, Inc.: Product Portfolio
Table 139. Zimmer Biomet Holdings, Inc.: Net Sales
Table 140. Zimmer Biomet Holdings, Inc.: Key Stratergies
Table 141. Arthrex, Inc.: Key Executives
Table 142. Arthrex, Inc.: Company Snapshot
Table 143. Arthrex, Inc.: Operating Segments
Table 144. Arthrex, Inc.: Product Portfolio
Table 145. Arthrex, Inc.: Net Sales
Table 146. Arthrex, Inc.: Key Stratergies
Table 147. Ossio Inc.: Key Executives
Table 148. Ossio Inc.: Company Snapshot
Table 149. Ossio Inc.: Operating Segments
Table 150. Ossio Inc.: Product Portfolio
Table 151. Ossio Inc.: Net Sales
Table 152. Ossio Inc.: Key Stratergies
Table 153. Medtronic plc: Key Executives
Table 154. Medtronic plc: Company Snapshot
Table 155. Medtronic plc: Operating Segments
Table 156. Medtronic plc: Product Portfolio
Table 157. Medtronic plc: Net Sales
Table 158. Medtronic plc: Key Stratergies
Table 159. Smith & Nephew plc: Key Executives
Table 160. Smith & Nephew plc: Company Snapshot
Table 161. Smith & Nephew plc: Operating Segments
Table 162. Smith & Nephew plc: Product Portfolio
Table 163. Smith & Nephew plc: Net Sales
Table 164. Smith & Nephew plc: Key Stratergies
Table 165. Conmed Corporation: Key Executives
Table 166. Conmed Corporation: Company Snapshot
Table 167. Conmed Corporation: Operating Segments
Table 168. Conmed Corporation: Product Portfolio
Table 169. Conmed Corporation: Net Sales
Table 170. Conmed Corporation: Key Stratergies

List of Figures
Figure 1. Segmentation of Suture Anchors Market, 2021-2031
Figure 2. Suture Anchors Market, 2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Suture Anchors Market: Drivers, Restraints and Opportunities
Figure 10. Suture Anchors Market, by Product Type, 2021 (%)
Figure 11. Comparative Share Analysis of Absorbable Suture Anchors Market, 2021 and 2031 (%)
Figure 12. Comparative Share Analysis of Non-Absorbable Suture Anchors Market, 2021 and 2031 (%)
Figure 13. Suture Anchors Market, by Tying Type, 2021 (%)
Figure 14. Comparative Share Analysis of Knotless Suture Anchors Market, 2021 and 2031 (%)
Figure 15. Comparative Share Analysis of Knotted Suture Anchors Market, 2021 and 2031 (%)
Figure 16. Suture Anchors Market, by Material, 2021 (%)
Figure 17. Comparative Share Analysis of Bio-Composite Suture Anchor Suture Anchors Market, 2021 and 2031 (%)
Figure 18. Comparative Share Analysis of Peek Suture Anchor Suture Anchors Market, 2021 and 2031 (%)
Figure 19. Comparative Share Analysis of Others Suture Anchors Market, 2021 and 2031 (%)
Figure 20. Suture Anchors Market, by End-user, 2021 (%)
Figure 21. Comparative Share Analysis of Hospitals and Clinics Suture Anchors Market, 2021 and 2031 (%)
Figure 22. Comparative Share Analysis of Ambulatory Surgical Centers Suture Anchors Market, 2021 and 2031 (%)
Figure 23. Suture Anchors Market by Region, 2021
Figure 24. U..S. Suture Anchors Market, 2021-2031 ($Million)
Figure 25. Canada Suture Anchors Market, 2021-2031 ($Million)
Figure 26. Mexico Suture Anchors Market, 2021-2031 ($Million)
Figure 27. Germany Suture Anchors Market, 2021-2031 ($Million)
Figure 28. France Suture Anchors Market, 2021-2031 ($Million)
Figure 29. UK Suture Anchors Market, 2021-2031 ($Million)
Figure 30. Italy Suture Anchors Market, 2021-2031 ($Million)
Figure 31. Spain Suture Anchors Market, 2021-2031 ($Million)
Figure 32. Rest of Europe Suture Anchors Market, 2021-2031 ($Million)
Figure 33. China Suture Anchors Market, 2021-2031 ($Million)
Figure 34. Japan Suture Anchors Market, 2021-2031 ($Million)
Figure 35. India Suture Anchors Market, 2021-2031 ($Million)
Figure 36. Australia Suture Anchors Market, 2021-2031 ($Million)
Figure 37. South Korea Suture Anchors Market, 2021-2031 ($Million)
Figure 38. Rest of Asia-Pacific Suture Anchors Market, 2021-2031 ($Million)
Figure 39. Brazil Suture Anchors Market, 2021-2031 ($Million)
Figure 40. Saudi Arabia Suture Anchors Market, 2021-2031 ($Million)
Figure 41. South Africa Suture Anchors Market, 2021-2031 ($Million)
Figure 42. Rest of LAMEA Suture Anchors Market, 2021-2031 ($Million)
Figure 43. Top Winning Strategies, by Year
Figure 44. Top Winning Strategies, by Development
Figure 45. Top Winning Strategies, by Company
Figure 46. Product Mapping of Top 10 Players
Figure 47. Competitive Dashboard
Figure 48. Competitive Heatmap of Top 10 Key Players
Figure 49. Top Player Positioning, 2021
Figure 50. Johnson and Johnson.: Net Sales ($Million)
Figure 51. Anika Therapeutics Inc..: Net Sales ($Million)
Figure 52. Paragon 28, Inc.: Net Sales ($Million)
Figure 53. Stryker Corporation.: Net Sales ($Million)
Figure 54. Zimmer Biomet Holdings, Inc..: Net Sales ($Million)
Figure 55. Arthrex, Inc..: Net Sales ($Million)
Figure 56. Ossio Inc..: Net Sales ($Million)
Figure 57. Medtronic plc.: Net Sales ($Million)
Figure 58. Smith & Nephew plc.: Net Sales ($Million)
Figure 59. Conmed Corporation.: Net Sales ($Million)

Executive Summary

According to the report titled, “Suture Anchors Market," The suture anchors market was valued at $572.50 million in 2021, and is estimated to reach $899.4 million by 2031, growing at a CAGR of 4.6% from 2022 to 2031.

The suture anchors market is likely to experience a significant growth rate of 4.6% from 2022 to 2031 owing to increase in market demand for suture anchors products from the medical devices and supplies sectors.

Suture anchor is majorly created to aid soft tissue to bone healing in cases where there is an adequate soft tissue accumulation on the bone. These anchors allow the reattachment of bone to tissue in different part of the body. In soft tissue injuries and fracture, the bony fragments are often too small to fit with screws. These fragments along with the ligamentous fragments can be fixed and reduced to obtain stable joint. Such procedures are often done using suture anchors. many choices exist in types of suture anchors to be used in different body parts and it is important to understand individual suture anchors needs for the surgeon for proper biomechanics: this helps reduce side effects after surgeries.

Major factors that drive the growth of the suture anchors market include numerous diseases, including the most common cardiovascular disease, osteoarthritis, a degenerative joint disorder, are caused due to obesity. Obesity affects almost one billion individuals worldwide, including 650 million adults, 340 million teenagers, and 39 million children people that are more prone to tendon injuries. For instance, according to the World Health Organization (WHO), in 2022, about 167 million children and adults will be overweight or obese by 2025, putting their health at risk.. In addition, In addition, technological advancements; launch of various products; strategies among key players such as acquisition, collaboration, and agreement drive the growth of the suture anchors market. For instance, in January 2021, Smith & Nephew Company acquired the extremity orthopedic business. This acquisition helped Smith & Nephew’s idea to invest in growing segments and extended product portfolio of orthopedic segment. In addition, in countries such as South Korea, China, and Japan, there is increase in high geriatric population, rising levels of obesity in the individuals and developing healthcare facilities, which further drive growth of the market. For instance, according to the Report of the Technical Group on Population Projections for India and States 2011-2036, there are nearly 138 million elderly persons in India in 2021 (67 million males and 71 million females) and is further expected to increase by around 56 million elderly persons in 2031.

The suture anchors market is segmented on the basis of product type,tying type,material, end user, and region. As per product type, the market is categorized into absorbable and non-absorbable. On the basis of tying type, it is segmented into knotless and knotted. On the basis of material, it is bifurcated into bio-composite suture anchor, peek suture anchor/ biostable and others. On the basis of end user, it is segmented into hospitals and clinics, and ambulatory surgery centers.. On the basis of region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and Rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and Rest of LAMEA).

The key players profiled in the study include Anika Therapeutics Inc, Arthrex, Inc. CONMED Corporation, Johnson and Johnson, Medtronic plc, Ossio Inc. Paragon 28, Inc, Smith & Nephew plc, Stryker Corporation and Zimmer Biomet Holdings, Inc.,. The market players are actively engaged in the adoption of strategies such as product launch, product approval and acquisition to remain competitive and gain an advantage over their competitors in the market. For instance,. In September 2020, Smith and Nephew the global medical technology business, announced the launch of the HEALICOIL KNOTLESS Suture Anchor, expanding its revolutionary line of Advanced Healing Solutions for rotator cuff repair. This portfolio includes the innovative REGENETEN Bio inductive Implant and novel REGENESORB Material.

Key Market Insights (Updated)

  • By product type, the absorbable segment was the highest revenue contributor to the market in 2021 and is estimated to reach $634.15 million by 2031 with a CAGR of 4.9%By tying type, the knotless segment dominated the market in 2021, and is expected to continue this trend during the forecast period.
  • By material, the biocomposites suture anchors segment dominated the market in 2021, and is expected to continue this trend during the forecast period.
  • By end user, the ambulatory surgery centers segment dominated the market in 2021, and is expected to continue this trend during the forecast period.
  • By region, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to expand at the highest CAGR of 5.8% during the forecast period.

Companies Mentioned

  • Johnson and Johnson
  • Anika Therapeutics Inc.
  • Paragon 28, Inc
  • Stryker Corporation
  • Zimmer Biomet Holdings, Inc.
  • Arthrex, Inc.
  • Ossio Inc.
  • Medtronic plc
  • Smith & Nephew plc
  • CONMED Corporation

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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