19-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Tissue Patch Market By Application (Hernia Repair, Dural Repair, Vaginal Sling Procedures, Skin Repair, Orthopedic, Dental, Breast Reconstruction): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global tissue patch market in 2019 was approximately USD 7,200.00 Million. The market is expected to grow at a CAGR of around 8.0% and is anticipated to reach around USD 12,000.00 Million by 2026.
Tissue patch is a piece of tissue that is used medically to cover a wound or to repair a defect or treat a disorder. Tissue patch is a medical sealant film, precisely designed to support the closure of the wound in command to accomplish a watertight seal. It is a self-adhesive film including synthetic polymers that are come across in surgery. Soft tissue injuries contain destruction to tendons, muscles, and ligaments which causes pain and inflammation. The tissue repair procedure is categorized by changing the injured or damaged tissues with healthy tissues. The existing treatment selections rely severely on surgical methods, which have a low success rate. Hence, it is authoritative to find technologically advanced, superior alternatives like rapid healing products and minimally invasive procedures.
Browse the full “Tissue Patch Market By Application (Hernia Repair, Dural Repair, Vaginal Sling Procedures, Skin Repair, Orthopedic, Dental, Breast Reconstruction): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/tissue-patch-market-by-application-hernia-repair-dural-819
Rising geriatric population base coupled with growing incidences of cardiovascular diseases is expected to drive the global tissue patch market growth over the forecast timeframe. Moreover, increasing sports-related injuries across the world are expected to further drive industry growth in the near future. Increasing the number of muscle pain because of the rise in slight accidents during sports is the key factor in the increasing importance of tissue patch through the sports sector. Tissue patch help to relieve pain in elderly people is one of the most key factors fueling the growth of the global tissue patch market. The global tissue patch market is expected to grow owing to the in-demand by increasing customer awareness and an extensive focus on research and development by key players.
Rising sports and aerobics activities are anticipated to witness significant growth in the global tissue patch market within the forecast period. The huge cost associated with soft tissue repairs and lack of reimbursement in developing countries may hamper the market’s growth. The launch of novel tissue patch products in developing countries is expected to provide potential growth opportunities for the global tissue patch market. Research and development, innovations activities in the technology of the tissue patch and increased government investment in healthcare industries are anticipated to open new avenues for the tissue patch market in the near future.
On the basis of application, the global tissue patch market is categorized into dural repair, hernia repair, skin repair, vaginal sling procedures, dental, orthopedic, and breast reconstruction. Each segment further divided into allograft and xenograft. Among the aforementioned segment, the hernia repair segment was accounted for more than 25.0% revenue share in 2019. The increase in the prevalence of hernia cases among the population is fueling the growth of the tissue patch for hernia repair. The growth in the medical industry in the past few years has increased the demand for tissue patches in the upcoming years.
On the basis of region the tissue patch market is segmented into, Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. In 2019, the North American region dominates the tissue patch market among all the regions followed by Europe in terms of value.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 7,200.00 Million |
Projected Market Size in 2026 |
USD 12,000.00 Million |
CAGR Growth Rate |
8% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Smith & Nephew PLC, Johnson & Johnson, Wright Medical, Lifecell Corporation, Medtronic, Arthrex, Inc., Integra Lifesciences Corporation, Boston Scientific, and Lifenet Health, Inc., and Others |
Key Segment |
By Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the leading players in the global market include
Smith & Nephew PLC, Johnson & Johnson, Wright Medical, Lifecell Corporation, Medtronic, Arthrex, Inc., Integra Lifesciences Corporation, Boston Scientific, and Lifenet Health, Inc., among others.
This report segments the global tissue patch market as follows:
By Application Analysis
- Hernia Repair
- Dural Repair
- Vaginal Sling Procedures
- Skin Repair
- Orthopedic
- Dental
- Breast Reconstruction
By Regional Analysis
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-East Asia
- Rest of Asia pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
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