The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s ACL reconstruction procedures market report forecasts the ACL reconstruction procedures market size to grow to $8.94 Billion by 2027, with a CAGR (compound annual growth rate) of more than 6%.

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ACL Reconstruction Procedures Market Size Forecast
The global ACL reconstruction procedures market is expected to grow from $6.39 billion in 2022 to $6.89 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ACL reconstruction procedures market size is expected to reach $8.94 billion in 2027 at a CAGR of 6.7%.

North America held the largest ACL reconstruction procedures market share.

Key ACL Reconstruction Procedures Market Driver ­– Rise In Injuries And Occurrences Caused By Sports
According to the American Academy of Paediatrics, more than 100,000 ACL repair surgeries will be performed in the United States in April 2021. Injury rates among 14- to 18-year-olds have risen 148% in the last ten years, increasing by at least 2% per year. As a result, the rise in sports-related injuries and incidents is propelling the home healthcare equipment market forward.

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Key ACL Reconstruction Procedures Market Trend – Product Innovation
To enhance their position and obtain a competitive edge, major businesses in the ACL reconstruction process market are focusing on producing innovative products. Smith+Nephew, a UK-based medical equipment manufacturing company, for example, will launch the UltraTRAC QUAD ACL Reconstruction Technique in March 2023. The QuadTrac Quadriceps Tendon Harvest Guide System is a first-of-its-kind integrated guide for minimally invasive quadriceps graft harvesting, offering direct tendon visualisation while enabling a controlled and reproducible harvesting approach. The Quadtrac approach allows surgeons to harvest the quad tendon in an effective manner.

ACL Reconstruction Procedures Market Segment
1) By Type: Extra Articular, Intra Articular
2) By Fixation Type: Femoral, Tibial
3) By End User: Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers

ACL Reconstruction Procedures Market Major Players and Strategies
Major players in the ACL reconstruction procedures market are Arthrex Inc., Citieffe s.r.l, CONMED Corporation., DJO Global LLC, Tissue Regenix, Medtronic, Miach Orthopaedics, MEIRA Inc., Zimmer Biomet, Smith+Nephew, Stryker, Johnson & Johnson Services Inc., RTI Surgical, Mathys Ltd Bettlach, and United Orthopedic Corporation.

Stryker, a medical technology business based in the United States, paid an unknown sum for Wright Medical Group N.V. in November 2020. This acquisition broadens, diversifies, and improves Wright Medical’s portfolio by enhancing the company’s worldwide market position in trauma and extremities, offering up new opportunities for innovation, and reaching more patients. Wright Medical Group N.V. is an orthopaedic device company established in the United States that focuses on the upper and lower extremities as well as the biologics industry, which includes the ACL reconstruction technique.

The ACL Reconstruction Procedures Global Market Report 2023 covers regional data on ACL reconstruction procedures market size, ACL reconstruction procedures market trends and drivers, opportunities, strategies, and ACL reconstruction procedures market competitor analysis. The countries covered in the ACL reconstruction procedures market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The term ACL (Anterior Cruciate Ligament) reconstruction refers to surgical methods to restore the ligament in the centre of the knee, which is attached to the thigh bone by the shinbone. The procedure includes ACL repair; when the ligament is strained or torn, surgery is required to restore knee stability, strength, and movement. The injured ligament is removed after sterilisation and replaced with another ligament from the patient’s body or tissue from a deceased body.

View More Reports Related To The ACL Reconstruction Procedures Market –
Knee Implants Global Market Report 2023
Joint Reconstruction Devices And Equipment Global Market Report 2023
Orthopedic Biomaterials Global Market Report 2023

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