New Market Research Expert Report titled “Global Soft Tissue Allografts Market Report and Forecast 2021-2026”, gives an in-depth analysis of the global Soft Tissue Allografts market, assessing the market on the basis of its segments like type, application, end-use, and major regions. The report follows the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, and analyzes the market based on Porter’s SWOT and Five Forces models.
Note 1: For an overview of primary and secondary market data (2016-2026), along with business strategies and detailed market segmentation, please click on the sample demand report. The sample report will be delivered to you within 24 hours.
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The main highlights of the report include:
Market Overview (2016-2026)
- Historical market size (2020): $ 3.92 billion
- Forecast CAGR (2021-2026): 7%
- Forecast market size (2026): USD 9 billion
As the number of procedures increases, the global soft tissue allograft market is driven by increasing opportunities. Anterior cruciate ligament (ACL) reconstruction is a common phenomenon among athletes and is expected to drive the development of the soft tissue allograft market. The market is also driven by the need for healthy teeth, which keeps the demand high. Besides, the poor lifestyle of the people due to the technology-dependent lifestyle is said to fuel the growth of the market.
Definition of the industry and main segments
Soft tissue allografts are replacement tissues that are used to repair deficient ligaments, broken menisci, spine surgery, and osteochondral defects in knee surgery. They undergo a three-step safety inspection.
According to the type, the industry is divided into:
- Allogeneic cartilage transplant
- Tendon allograft
- Meniscus allogeneic transplant
- Dental allogeneic transplant
On the basis of Application, the industry is segmented into:
Based on end use, the industry is divided into:
- Beauty centers
- Orthopedic clinics
- Dental clinics
At the regional level, the market can be categorized into:
- North America
- Latin America
- Middle East and Africa
- Asia Pacific
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The growth of the global soft tissue allografts market is aided by the increasing opportunities as the number of procedures increases. The increased introduction of products in the market is expected to drive the growth of the market in the coming years. Direct Biologics LLC launched AmnioWrap Placental-Based Sheet Allografts for clinical use in January 2021. AmnioWrap is a three-layer graft that can be used in both acute and chronic wounds. Additionally, BioStem Technologies Inc. announced the launch of AEON, the Company’s sixth and newest perinatal tissue allograft platform, in October 2020.
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are continuously monitoring the impact of this rapidly changing situation on markets and consumer buying behaviors. Thus, our latest estimates and analyzes on current market trends and forecasts will comprehensively reflect the effects of this emerging pandemic.
Key market players
The main market players are Allergan [AGN (NYSE)], CONMED Corporation [CNMD (NASDAQ)], Xtant Medical [CNMD (NASDAQ)], and Becton, and Dickinson and Company [BDX (NYSE)], among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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