Soft Tissue Repair Market Size

Soft Tissue Repair Market size is poised to reach USD 17 Billion by the end of 2036, growing at a CAGR of 7% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of soft tissue repair devices was USD 7 Billion. The market is expanding owing to the growing prevalence of traumatic accidents such as road accidents. According to a report, roughly 1.19 million people lose their lives in vehicle crashes every year. As per estimates, about 20 to 50 million more people experience non-fatal injuries; several of them become disabled. The orthopedic injury resulting from the traffic collision was the primary cause of this disability.

In addition to these, factors that are believed to fuel the market growth of soft tissue repair are growing technological advancements which include the creation of tissue scaffolds, bioengineered grafts, and regenerative medicine methods. Patients are now given access to therapies that encourage tissue regeneration in addition to relieving pain and returning function, which speeds up recovery and improves results.