Suture Anchor Device Market Analysis and Segments
2016-2026
December 2016
Report Id : REP-GB-1817
Status : Ongoing
Category : Healthcare, Pharmaceuticals & Medical Devices
©2015 Future Market Insights, All Rights Reserved
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Suture Anchor Device Market
Suture Anchor Device Market Analysis and Segments 2016-2026
The suture anchor is fixation devices used to fix ligament or tendon to bones. The suturing technique is
used for thousands of years as a method of repairing tissue wounds. The technique and material used in
suturing have evolved resulting in the better strengthening and healing of wounds. The postoperative
appearance of the wound entirely depends on upon the correct technique performed and executed. The
poor incision to skin, inadequate damage or excessive removal of skin or tissue results in a limited option
of wound closure. The choice of suture technique depends on location of the wound, type of skin, degree
of tension and
desired appearance, which requires fixation of tissue to bone. It forms a junction
between the bone and the suture
Suture anchors can be used for many different surgeriesmaterial, in which anchor to suture is used to fix
soft tissues to bones. This device can also be utilized for a different application such as bladder neck
suspension but is mainly used for shoulders. They also have great value in treating reconstruction of the
rotator cuff, arthroscopic surgery, acetabular labrum defects and breakage in tendon biceps. The cost of
these devices in the market has encouraged production of different type of anchor with various material,
shape, size, mechanism and indication. The removal of dead skin, repairing the natural contour and
minimum scar in the body is also an important factor to be considered for results.
Suture Anchor Device Market: Drivers and Restraints
The global market for suture anchor device market is expected to be driven by the advancement in
technology.
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Suture Anchor Device Market
The key drivers of the market are the increasing cases of sports injuries, growing ageing population and increase
in obese population causing orthopedic injuries.
According to the HCup report in 2012, there are some 113.3 procedures performed per 100,000 inhabitants on
muscles and tendons in inpatient facilities of US. Moreover, the increasing healthcare expenditure and the
unavailability of substitutes for the soft tissue is also acting as a fuel to the market and is expected to drive the
market within the forecast period of 2016-2026. However, the high cost of the surgical procedures, strict
regulations and the lack of reimbursement can be the restraint for the growth of this market.
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Suture Anchor Device Market: Segmentation
The Suture anchor device market is classified on the basis of indication, product type, end user and geography.
Based on the Indication, the global Suture anchor device market is segmented into the following:
Orthopedic Surgery
General Surgery
Based on product type, the global Suture anchor device market is segmented into the following:
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Suture Anchor Device Market
Absorbable
Nonabsorable
Based on end user, the global Suture anchor device market is segmented into the following:
Hospitals
Acute care centers
Clinics
Ambulatory Surgical Centers
Suture Anchor Device Market: Overview
The ongoing researches on improving the quality of material and technology of absorbable suture anchor
device are driving the market. The advantages of using absorbable suture anchor device are as they have
better-fixing strength as compared to the Non-absorbable products.
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Suture Anchor Device Market
They dissolve over time, based on the nature of the material. The introduction of all- suture anchors
(Biomet) and PEEK CF (Parcus Medical) anchors in 2010 and their popularity among the practitioners has
shown a significant growth in the market. The hospitals end user segment is expected to hold the highest
market share in the global market for suture anchor device market.
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Suture Anchor Device Market: Regional Overview
Region wise, the global suture anchor market is classified into regions namely, North America, Latin
America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America
dominated the global market for suture anchor device due to good reimbursement policies for surgical
procedures followed by Europe. The increasing awareness and the growing adoption of these device by
the practitioners in APEJ is also driving the market.
Market: Key Players
Some of the key players in global suture anchor market include Biomet, Tornior, Wright Medical,
Arthrex, ConMed, Smith and Nephew, Depuy Synthes, Parcus Medical and others.
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Suture Anchor Device Market
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