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The ACL reconstruction market size is estimated to be USD 4,257.38 million in 2020 and is projected to register a CAGR of X.X% to reach USD XX million by 2028.
ACL reconstruction is a surgery to rebuild the ligament in the center of your knee. The anterior cruciate ligament (ACL) binds the shin bone (tibia) to the bone of the thigh (femur). A tear of this ligament can cause the knee to give way during physical activity, especially during side-step or cross-step movements.
Technological advancements in the ACL Reconstruction market such as minimally invasive surgery, improved implant materials and their success rates are allowing even the younger population to undergo ACL surgery, ultimately driving the global ACL Reconstruction market. An increasing focus on sports and physical activity has resulted in an increase in multiple injuries. This is also likely to boost the ACL reconstruction market in the forecast period.
Furthermore, Anterior cruciate ligament (ACL) reconstruction is one of the most popular orthopedic techniques performed worldwide. People engaged in high-risk sporting activities such as skiing and football are prone to ACL injuries. Approximately 70% to 84% of ACL injuries are caused by a non-contact process, such as rapid deceleration, in a sports environment. According to the Sports Science Orthopedic Clinic, the number of PCL injuries recorded is almost 1/10th of the number of ACL injuries recorded in the U.S. every year.
Segmentation
The global ACL reconstruction market has been segmented by graft type, fixation type, and end-user.
Graft Type Outlook
Based on graft type, the market is segmented into Autograft and Allograft. Among these, the Allograft market segment holds the largest market share of around 53.71% in the global ACL reconstruction market in 2020. The segment is driven by the fact that it requires less surgical time than an autograft, and it is a safer and more viable option for patients with extreme injuries involving multiple ligaments in the knee.
Fixation Type Outlook
On the basis of fixation type, the ACL reconstruction market is segmented into Femoral and Tibial. The Tibial segment is anticipated to account for the largest share of around 66.99% in the global ACL reconstruction market in 2020. The tibial fixation prevents the possible problems of anterior cruciate ligament (ACL) reconstruction free grafting, such as pull out before healing of the graft tunnel or rupture before ligamentization
End-User Outlook
On the basis of end-user, the ACL reconstruction market is segmented into hospitals, orthopedic clinics, ambulatory surgical centers, and others. Among these, the Hospital segment is anticipated to hold major market share in the forecast period due to the availability of general facility, patient behavior, and availability in an emergency condition. Also, the orthopedic clinics segment is to become one of the growing segments in the coming years, as these clinics provide highly superior treatment of ACL repair, specialized expertise, and coordinated follow-up care.
Regional Outlook
Based on region, the ACL reconstruction market is categorized into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America has accounted for the largest share of this market in 2020, owing to rising healthcare expenditure and investments for developing healthcare infrastructure. Moreover, the majority of the key market players are headquartered in the U.S., which provides a wide market for ACL reconstruction. On the other hand, the Asia Pacific region is anticipated to have significant growth in the forecast period.
Market Players
The key leading players in the ACL Reconstruction market includes CONMED Corporation, Wright Medical N.V, Meira Corporation, Johnson & Johnson, DJO Global Inc., Zimmer Biomet Holdings, Inc., Smith & Nephew plc, Arthrex, Inc., Stryker Corporation, and CITIEFFE S.R.L.
Key Development
February 2019 - CONMED Corporation acquired a privately-held Buffalo Filter LLC (Buffalo Filter) from Filtration Group. Buffalo Filter is the market leader in surgical smoke evacuation technologies and has a comprehensive product portfolio that includes smoke evacuation pencils, smoke evacuators, and laparoscopic solutions. This comprehensive product portfolio would be helpful for CONMED Corporation in improving its business prospects.
September 2020 - Ethicon, a part of Johnson & Johnson Medical Devices Companies, has launched Novel, Easy-to-use Staple Line Reinforcement Device for Bariatric, Thoracic, and General Surgery. It offers significant improvements in ease of use, functionality, and efficiency.
What Does This Report Provide?
This report provides a detailed understanding of the global ACL reconstruction market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.
Market Segmentation:
By Graft Type
By Fixation Type
By End-User
By Region:
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