The global cruciate ligament repair procedures market size was estimated to be USD 13.27 billion in 2023 and is expected to reach at USD 28.95 billion by 2034 with a CAGR of 7.35% during the forecast period 2024-2034. Increasing demand for minimally invasive procedures, rising incidence of sports-related injuries & knee injuries, growing geriatric population, surge in need for effective treatments, increasing research & development efforts in the fields of orthopedics & sports medicine are concentrated on enhancing the effectiveness & safety of cruciate ligament repair procedures, and rising technological advancements in cruciate ligament repair procedures are the factors contributing to the market expansion.
Rising technological advancements in cruciate ligament repair procedures is predicted to boost the market growth during the forecast period. Cruciate ligaments, also known as cruciform ligaments, serve a crucial role in providing support to the knee bones. When these ligaments are injured, cruciate ligament repair surgery involves using a surgical tissue graft to replace the damaged ligaments. As people age, the synovial fluid within the knee joint tends to decrease, leading to greater friction between the bones, ligaments, and cartilage. This increased friction can result in conditions like arthritis and other complications, often necessitating knee replacement surgeries. Moreover, the ligaments connecting the bones become stiffer and less flexible with age. These factors collectively contribute to a growing demand for cruciate ligament repair procedures, particularly among the elderly population. As a result, the market for such procedures is expected to expand in response to the rising need for effective treatments among older individuals. For instance, in October 2022, Oregon Health & Science University Health has introduced the Bridge-Enhanced ACL Restoration (BEAR) implant as a treatment option for torn ACL (anterior cruciate ligament) injuries, which are common in athletic settings.
By procedure type, anterior cruciate ligament (ACL) repair was the highest revenue-grossing segment in the global cruciate ligament repair procedures market in 2023 owing to the growing prevalence of ACL injuries, constraints in the regenerative capability of anterior cruciate ligaments (ACLs) are attributed to intra-articular conditions, increasing physical activity & participation in sports like football, hockey, & basketball, and rising technological advancements. Additionally, posterior cruciate ligament (PCL) repair is predicted to grow at fastest CAGR during the forecast period owing to the increasing awareness & diagnosis of posterior cruciate ligament (PCL) injuries are leading to a rising demand for PCL repair procedures, as medical knowledge & awareness continue to expand, surge in occurrence of vehicular accidents and injuries resulting from contact sports, growing research & development initiatives focused on improving surgical techniques and rehabilitation protocols, and rising advancements in surgical techniques have improved the effectiveness of PCL repair procedures. For instance, in January 2022, Symbios has unveiled the ORIGIN CR Total Knee System, expanding the ORIGIN product range to include both monobloc and modular cruciate-retaining versions. This development provides surgeons with the ability to perform custom-made knee replacements while preserving the posterior cruciate ligament (PCL).
By application, trauma was the highest revenue-grossing segment in the global cruciate ligament repair procedures market in 2023 owing to the rising incidences of injuries due to road & sports- related accidents and increasing approvals by regulatory bodies. For instance, in January 2023, The U.S. Food and Drug Administration (FDA) has granted clearance for the utilization of the ACL TightRope II implant, making it the first-ever device approved for reconstructing torn knee ligaments in children and adolescents. This technology is derived from a similar device typically used in adults undergoing anterior cruciate ligament (ACL) reconstruction, but it incorporates features specifically tailored to accommodate the developing skeletons of young athletes. Additionally, arthritis is predicted to grow at fastest CAGR during the forecast period owing to the increasing prevalence of osteoarthritis & rheumatoid arthritis and growing geriatric population.
By end-user, hospital was the highest revenue-grossing segment in the global cruciate ligament repair procedures market in 2023. Hospitals provide specialized medical services and advanced surgical interventions for individuals with cruciate ligament injuries. Hospitals offer comprehensive healthcare services, featuring state-of-the-art operating rooms, advanced imaging technologies, and fully equipped rehabilitation centers. This ensures precise diagnoses, accurate surgeries, and effective postoperative care for patients. Hospitals provide a diverse team of healthcare professionals, including orthopaedic surgeons, sports medicine specialists, anaesthesiologists, and physical therapists, enabling multidisciplinary care and comprehensive treatment plans. For instance, in March 2023, Smith+Nephew, the global medical technology company, has launched the UltraTRAC◊ QUAD ACL Reconstruction Technique. This technique includes the innovative QUADTRAC Quadriceps Tendon Harvest Guide System, the X-WING◊ Graft Preparation System, and a range of ULTRABUTTON Adjustable Fixation Devices. Additionally, ambulatory surgical centers (ASCs) is predicted to grow at fastest CAGR during the forecast period owing to the convenience, cost-effectiveness, specialized expertise, & the integration of technological advancements, and rising demand for outpatient surgical options.
North America region is anticipated for the highest revenue share during the forecast period owing to the surge in incidence of sports injuries, rising introduction of new products by major players, increasing preference for minimally invasive procedures, growing launch of new products, and surge in new advancements in cruciate ligament repair. For instance, in June 2022, HSS (Hospital for Special Surgery) has introduced a novel implant approved by the United States FDA for the treatment of anterior cruciate ligament (ACL) tears. This marks a shift in focus from reconstruction to restoration in ACL injury management. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising demand for ligament repair surgeries, growing geriatric population, surge in technological advancements, and increasing initiatives by leading market players. For instance, in May 2023, Arthrex, a prominent global player in minimally invasive orthopedic technology, has unveiled a patient-centered website called ACLTear.com. This website aims to explain the science behind anterior cruciate ligament (ACL) injuries, showcase the advantages of knee preservation technology, and offer resources to patients for connecting with surgeons who perform advanced, minimally invasive ACL procedures.
Rising technological advancements in cruciate ligament repair procedures is predicted to boost the market growth during the forecast period. Cruciate ligaments, also known as cruciform ligaments, serve a crucial role in providing support to the knee bones. When these ligaments are injured, cruciate ligament repair surgery involves using a surgical tissue graft to replace the damaged ligaments. As people age, the synovial fluid within the knee joint tends to decrease, leading to greater friction between the bones, ligaments, and cartilage. This increased friction can result in conditions like arthritis and other complications, often necessitating knee replacement surgeries. Moreover, the ligaments connecting the bones become stiffer and less flexible with age. These factors collectively contribute to a growing demand for cruciate ligament repair procedures, particularly among the elderly population. As a result, the market for such procedures is expected to expand in response to the rising need for effective treatments among older individuals. For instance, in October 2022, Oregon Health & Science University Health has introduced the Bridge-Enhanced ACL Restoration (BEAR) implant as a treatment option for torn ACL (anterior cruciate ligament) injuries, which are common in athletic settings.
By procedure type, anterior cruciate ligament (ACL) repair was the highest revenue-grossing segment in the global cruciate ligament repair procedures market in 2023 owing to the growing prevalence of ACL injuries, constraints in the regenerative capability of anterior cruciate ligaments (ACLs) are attributed to intra-articular conditions, increasing physical activity & participation in sports like football, hockey, & basketball, and rising technological advancements. Additionally, posterior cruciate ligament (PCL) repair is predicted to grow at fastest CAGR during the forecast period owing to the increasing awareness & diagnosis of posterior cruciate ligament (PCL) injuries are leading to a rising demand for PCL repair procedures, as medical knowledge & awareness continue to expand, surge in occurrence of vehicular accidents and injuries resulting from contact sports, growing research & development initiatives focused on improving surgical techniques and rehabilitation protocols, and rising advancements in surgical techniques have improved the effectiveness of PCL repair procedures. For instance, in January 2022, Symbios has unveiled the ORIGIN CR Total Knee System, expanding the ORIGIN product range to include both monobloc and modular cruciate-retaining versions. This development provides surgeons with the ability to perform custom-made knee replacements while preserving the posterior cruciate ligament (PCL).
By application, trauma was the highest revenue-grossing segment in the global cruciate ligament repair procedures market in 2023 owing to the rising incidences of injuries due to road & sports- related accidents and increasing approvals by regulatory bodies. For instance, in January 2023, The U.S. Food and Drug Administration (FDA) has granted clearance for the utilization of the ACL TightRope II implant, making it the first-ever device approved for reconstructing torn knee ligaments in children and adolescents. This technology is derived from a similar device typically used in adults undergoing anterior cruciate ligament (ACL) reconstruction, but it incorporates features specifically tailored to accommodate the developing skeletons of young athletes. Additionally, arthritis is predicted to grow at fastest CAGR during the forecast period owing to the increasing prevalence of osteoarthritis & rheumatoid arthritis and growing geriatric population.
By end-user, hospital was the highest revenue-grossing segment in the global cruciate ligament repair procedures market in 2023. Hospitals provide specialized medical services and advanced surgical interventions for individuals with cruciate ligament injuries. Hospitals offer comprehensive healthcare services, featuring state-of-the-art operating rooms, advanced imaging technologies, and fully equipped rehabilitation centers. This ensures precise diagnoses, accurate surgeries, and effective postoperative care for patients. Hospitals provide a diverse team of healthcare professionals, including orthopaedic surgeons, sports medicine specialists, anaesthesiologists, and physical therapists, enabling multidisciplinary care and comprehensive treatment plans. For instance, in March 2023, Smith+Nephew, the global medical technology company, has launched the UltraTRAC◊ QUAD ACL Reconstruction Technique. This technique includes the innovative QUADTRAC Quadriceps Tendon Harvest Guide System, the X-WING◊ Graft Preparation System, and a range of ULTRABUTTON Adjustable Fixation Devices. Additionally, ambulatory surgical centers (ASCs) is predicted to grow at fastest CAGR during the forecast period owing to the convenience, cost-effectiveness, specialized expertise, & the integration of technological advancements, and rising demand for outpatient surgical options.
North America region is anticipated for the highest revenue share during the forecast period owing to the surge in incidence of sports injuries, rising introduction of new products by major players, increasing preference for minimally invasive procedures, growing launch of new products, and surge in new advancements in cruciate ligament repair. For instance, in June 2022, HSS (Hospital for Special Surgery) has introduced a novel implant approved by the United States FDA for the treatment of anterior cruciate ligament (ACL) tears. This marks a shift in focus from reconstruction to restoration in ACL injury management. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising demand for ligament repair surgeries, growing geriatric population, surge in technological advancements, and increasing initiatives by leading market players. For instance, in May 2023, Arthrex, a prominent global player in minimally invasive orthopedic technology, has unveiled a patient-centered website called ACLTear.com. This website aims to explain the science behind anterior cruciate ligament (ACL) injuries, showcase the advantages of knee preservation technology, and offer resources to patients for connecting with surgeons who perform advanced, minimally invasive ACL procedures.
Segmentation: Cruciate Ligament Repair Procedures Market Report 2023 - 2034
Cruciate Ligament Repair Procedures Market Analysis & Forecast by Procedure Type 2023 - 2034 (Revenue USD Bn)
- Posterior Cruciate Ligament (PCL) Repair
- Anterior Cruciate Ligament (ACL) Repair
Cruciate Ligament Repair Procedures Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Bn)
- Trauma
- Arthritis
- Osteoarthritis
- Others
Cruciate Ligament Repair Procedures Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Hospitals
- Ambulatory Surgery Centers
- Others
Cruciate Ligament Repair Procedures Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Cruciate Ligament Repair Procedures Market: Procedure Application Estimates & Trend Analysis
8. Cruciate Ligament Repair Procedures Market: Application Estimates & Trend Analysis
9. Cruciate Ligament Repair Procedures Market: End-user Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Cruciate Ligament Repair Procedures Market
12. Europe Global Cruciate Ligament Repair Procedures Market
13. Asia Pacific Global Cruciate Ligament Repair Procedures Market
14. Latin America Global Cruciate Ligament Repair Procedures Market
15. MEA Global Cruciate Ligament Repair Procedures Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Boston Scientific Corporation
- Stryker
- Smith+Nephew
- Arthrex
- B. Braun SE
- Arthrex Inc.
- Zimmer Biomet
- athenahealth Inc.
- Wright Medical Group N.V.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | January 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 13.27 Billion |
| Forecasted Market Value ( USD | $ 28.95 Billion |
| Compound Annual Growth Rate | 7.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
