The North America soft tissue anchors market is expected to grow from US$ 295.54 million in 2022 to US$ 402.86 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2022 to 2028.

With this, people’s life expectancy in these countries has increased, leading to an expansion in the geriatric population. According to the data presented by the WHO, the population aged 60 years and above was 1 billion in 2019, which is expected to reach 1.4 billion by 2030 and 2.1 by 2050. Furthermore, a report by the US Census Bureau states that the number of people in the US aged 65 and above is anticipated to grow from 46 million in 2016 to more than 98 million by 2060. Their population share is anticipated to surge from ~15% to ~24% during this period. The rise in the geriatric population has increased the prevalence of various orthopedic conditions, such as osteoarthritis, joint pain, and joint replacement, that are expected to propel the demand for soft tissue anchors. Also, obesity is a major cause of orthopedic injuries. Obese people are more prone to orthopedic conditions such as soft tissue damage, and osteoarthritis. Thus, the increase in the elderly and obese population across the region supports the growth of the soft tissue anchors market in North America.

By launching new features and technologies, vendors in the North America soft tissue anchors market can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the market at a good CAGR during the forecast period.

North America Soft Tissue Anchors Market Revenue and Forecast to 2028 (US$ Million)

North America Soft Tissue Anchors Market Segmentation

The North America soft tissue anchors market is segmented on the basis of type, typing type, material, end user, and country. Based on type, the market is bifurcated into absorbable and non-absorbable. The absorbable segment dominated the market in 2022, and the market for the same segment is expected to grow at a faster pace during the forecast period. Based on typing type, the market is bifurcated into knotted and knotless. The knotless segment dominated the market in 2022, and the market for the same segment is expected to grow at a faster pace during the forecast period. Based on material, the market is segmented into metallic suture anchor, bioabsorbable suture anchor, PEEK suture anchor, bio-composite suture anchor, and others. The PEEK suture anchor segment dominated the market in 2022. However, the market for the bio-composite suture anchor segment is expected to grow at the fastest rate during the forecast period. Based on end user, the North America soft tissue anchors market is segmented into hospitals, clinics, emergency medical services, and others. The emergency medical services segment dominated the market in 2022, and the market for this segment is expected to grow at the fastest rate during the forecast period. Based on country, the market is segmented into the US, Canada, and Mexico.

Aju Pharm Co., Ltd.; Arthrex, Inc.; CONMED Corporation; Cook Medical LLC; DJO, LLC (Colfax Corporation); Johnson & Johnson Services, Inc. (DePuy Synthes); Medtronic; Smith & Nephew Plc.; Stryker Corporation; and Zimmer Biometare among the leading companies in the North America soft tissue anchors market.

TABLE OF CONTENTS

1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Soft Tissue Anchors Market – By Type
1.3.2 North America Soft Tissue Anchors Market – By Tying Type
1.3.3 North America Soft Tissue Anchors Market – By Material
1.3.4 North America Soft Tissue Anchors Market – By End User
1.3.5 North America Soft Tissue Anchors Market – By Country
2. North America Soft Tissue Anchors Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Soft Tissue Anchors Market – Market Landscape
4.1 Overview
4.2 North America PEST Analysis
4.2.1 Expert Opinion
5. Global Soft Tissue Anchors Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Sports Injuries and Orthopaedic Surgeries
5.1.2 Significant Rise in Elderly and Obese Population
5.2 Market Restraints
5.2.1 High Cost of Surgeries and Unfavorable Reimbursement Scenarios
5.3 Market Opportunities
5.3.1 High Adoption of Soft Tissue Anchors in Emerging Economies
5.4 Future Trends
5.4.1 Increase in R&D Investments and Product Launches
5.5 Impact Analysis
6. Soft Tissue Anchors Market– North America Analysis
6.1 North America Soft Tissue Anchors Market Revenue Forecast and Analysis
7. North America Soft Tissue Anchors Market Analysis – By Type
7.1 Overview
7.2 North America Soft Tissue Anchors Market Revenue Share, by Type (2022 and 2028)
7.3 Absorbable
7.3.1 Overview
7.3.2 Absorbable: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Non-Absorbable
7.4.1 Overview
7.4.2 Non-Absorbable: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Soft Tissue Anchors Market Analysis – By Tying Type
8.1 Overview
8.2 North America Soft Tissue Anchors Market Revenue Share, by Tying Type (2022 and 2028)
8.3 Knotted
8.3.1 Overview
8.3.2 Knotted: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Knotless
8.4.1 Overview
8.4.2 Knotless: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Soft Tissue Anchors Market Analysis – By Material
9.1 Overview
9.2 North America Soft Tissue Anchors Market Revenue Share, by Material (2022 and 2028)
9.3 Metallic Suture Anchor
9.3.1 Overview
9.3.2 Metallic Suture Anchor: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Bioabsorbable Suture Anchor
9.4.1 Overview
9.4.2 Bioabsorbable Suture Anchor: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
9.5 PEEK Suture Anchor
9.5.1 Overview
9.5.2 PEEK Suture Anchor: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Bio-Composite Suture Anchor
9.6.1 Overview
9.6.2 Bio-Composite Suture Anchor: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Soft Tissue Anchors Market – By End User
10.1 Overview
10.2 North America Soft Tissue Anchors Market, by End User, 2022 and 2028 (%)
10.3 Hospitals
10.3.1 Overview
10.3.2 Hospitals: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Clinics
10.4.1 Overview
10.4.2 Clinics: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Emergency Medical Services
10.5.1 Overview
10.5.2 Emergency Medical Services: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
11. North America Soft Tissue Anchors Market Revenue and Forecasts to 2028 – Country Analysis
11.1 Overview
11.1.1 North America: Soft Tissue Anchors Market, by Country, 2022 & 2028(%)
11.1.1.1 USA: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.1.1 Overview
11.1.1.1.2 USA: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.1.3 USA: Soft Tissue Anchors Market, by Type– Revenue and Forecast to 2028 (USD Million)
11.1.1.1.4 USA: Soft Tissue Anchors Market, by Typing Type– Revenue and Forecast to 2028 (USD Million)
11.1.1.1.5 USA: Soft Tissue Anchors Market, by Material– Revenue and Forecast to 2028 (USD Million)
11.1.1.1.6 USA: Soft Tissue Anchors Market, by End User– Revenue and Forecast to 2028 (USD Million)
11.1.1.2 Canada: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.2.1 Overview
11.1.1.2.2 Canada: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.2.3 Canada: Soft Tissue Anchors Market, by Type– Revenue and Forecast to 2028 (USD Million)
11.1.1.2.4 Canada: Soft Tissue Anchors Market, by Typing Type – Revenue and Forecast to 2028 (USD Million)
11.1.1.2.5 Canada: Soft Tissue Anchors Market, by Material– Revenue and Forecast to 2028 (USD Million)
11.1.1.2.6 Canada: Soft Tissue Anchors Market, by End User – Revenue and Forecast to 2028 (USD Million)
11.1.1.3 Mexico: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.3.1 Overview
11.1.1.3.2 Mexico: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.3.3 Mexico: Soft Tissue Anchors Market, by Type– Revenue and Forecast to 2028 (USD Million)
11.1.1.3.4 Mexico: Soft Tissue Anchors Market, by Typing Type– Revenue and Forecast to 2028 (USD Million)
11.1.1.3.5 Mexico: Soft Tissue Anchors Market, by Material– Revenue and Forecast to 2028 (USD Million)
11.1.1.3.6 Mexico: Soft Tissue Anchors Market, by End User– Revenue and Forecast to 2028 (USD Million)
12. North America Soft Tissue Anchors Market–Industry Landscape
12.1 Overview
12.2 Inorganic Growth Strategies
12.2.1 Overview
12.3 Organic Growth Strategies
12.3.1 Overview
13. Company Profiles
13.1 Smith & Nephew Plc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 CONMED Corporation
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Johnson & Johnson Services, Inc. (DePuy Synthes)
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Zimmer Biomet
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Arthrex, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Stryker Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Medtronic
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Cook Medical LLC
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Aju Pharm Co., Ltd.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 DJO, LLC (Colfax Corporation)
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms

LIST OF TABLES

Table 1.             North America Soft Tissue Anchors Market Revenue and Forecast to 2028 (US$ Million)
Table 2.             Sports Injuries by Number of Injuries, 2020
Table 3.             USA: Soft Tissue Anchors Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 4.             USA: Soft Tissue Anchors Market, by Typing Type– Revenue and Forecast to 2028 (USD Million)
Table 5.             USA: Soft Tissue Anchors Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 6.             USA: Soft Tissue Anchors Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 7.             Canada: Soft Tissue Anchors Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 8.             Canada: Soft Tissue Anchors Market, by Typing Type – Revenue and Forecast to 2028 (USD Million)
Table 9.             Canada: Soft Tissue Anchors Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 10.          Canada: Soft Tissue Anchors Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 11.          Mexico: Soft Tissue Anchors Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 12.          Mexico: Soft Tissue Anchors Market, by Typing Type– Revenue and Forecast to 2028 (USD Million)
Table 13.          Mexico: Soft Tissue Anchors Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 14.          Mexico: Soft Tissue Anchors Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 15.          Recent Inorganic Growth Strategies in the Soft Tissue Anchors Market
Table 16.          Recent Organic Growth Strategies in the Soft Tissue Anchors Market
Table 17.          Glossary of Terms
 
 

LIST OF FIGURES

Figure 1.           North America Soft Tissue Anchors Market Segmentation
Figure 2.           North America Soft Tissue Anchors Market Segmentation, By Country
Figure 3.           North America Soft Tissue Anchors Market Overview
Figure 4.           The Absorbable Segment Held Largest Share of Type Segment in Soft Tissue Anchors Market
Figure 5.           US Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6.           North America PEST Analysis
Figure 7.           Expert Opinion
Figure 8.           North America Soft Tissue Anchors Market Impact Analysis of Drivers and Restraints
Figure 9.           North America Soft Tissue Anchors Market– Revenue Forecast and Analysis – 2021 – 2028
Figure 10.        North America Soft Tissue Anchors Market Revenue Share, by Type (2022 and 2028)
Figure 11.        North America Absorbable: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12.        North America Non-Absorbable: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13.        North America Soft Tissue Anchors Market Revenue Share, by Tying Type (2022 and 2028)
Figure 14.        North America Knotted: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15.        North America Knotless: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16.        North America Soft Tissue Anchors Market Revenue Share, by Material (2022 and 2028)
Figure 17.        North America Metallic Suture Anchor: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18.        North America Bioabsorbable Suture Anchor: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19.        North America PEEK Suture Anchor: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20.        North America Bio-Composite Suture Anchor: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21.        North America Others: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22.        North America Soft Tissue Anchors Market, by End User, 2022 and 2028 (%)
Figure 23.        North America Hospitals: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24.        North America Clinics: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25.        North America Emergency Medical Services: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26.        North America Others: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27.        North America: Soft Tissue Anchors Market, by Key Country – Revenue (2022) (USD Million)
Figure 28.        North America: Soft Tissue Anchors Market, by Country, 2022 & 2028 (%)
Figure 29.        USA: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (USD Million)
Figure 30.        Canada: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (USD Million)
Figure 31.        Mexico: Soft Tissue Anchors Market – Revenue and Forecast to 2028 (USD Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America soft tissue anchors market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the North America soft tissue anchors market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the soft tissue anchors market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

The List of Companies – North America Soft Tissue Anchors Market

● Aju Pharm Co., Ltd.
● Arthrex, Inc.
● CONMED Corporation
● Cook Medical LLC
● DJO, LLC (Colfax Corporation)
● Johnson & Johnson Services, Inc. (DePuy Synthes)
● Medtronic
● Smith & Nephew Plc.
● Stryker Corporation
● Zimmer Biomet

At 5.3% CAGR, the North America Soft Tissue Anchors Market is speculated to be worth US$ 402.86 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the North America soft tissue anchors market was valued at US$ 295.54 million in 2022 and is expected to reach US$ 402.86 million by 2028, registering an annual growth rate of 5.3% from 2022 to 2028. Increasing sports injuries and orthopedic surgeries and significant rise in elderly and obese population growth are the critical factors attributed to the market expansion.

Over time sports have experienced tremendous growth, and a large population is opting for an active lifestyle which has increased physical activities such as gymming and sports. This has led to a surge in sports-related injuries such as rotator cuff injuries, ligament tears, tendon rupture, etc. Rotator cuff conditions develop over time, and it is very common among athletes and the geriatric population and can cause trauma. Thus, an increase in sports and physical activities such as gymming and others is expected to create demand for soft tissue anchors and contribute to the market’s growth. On the other hand, the increasing geriatric population is highly prone to various orthopedic conditions such as joint disorders, anterior cruciate ligament (ACL) injuries, joint fusion, osteoarthritis, and others. As per The Center Orthopedic & Neurosurgical Care & Research, by 2030, total knee replacement surgeries are projected to grow to 673% to 3.5 million procedures per year. This has increased orthopedic surgeries, which creates the demand in the soft tissue anchors market. Additionally, the rising demand for minimally invasive procedures has led to an increase in arthroscopic surgeries owing to various advantages such as faster recovery, short hospital stay, and others. According to Harvard Medical School, knee arthroscopy is one of the most common surgeries performed on a large scale, and every year ~750,000 arthroscopic knee operations are performed in the US with a total cost of US$ 4 billion. Moreover, an increase in road accidents and trauma cases are expected to contribute to a major share of orthopedic surgeries. Thus, the high adoption rate of an active lifestyle, increase in sports activities and sports injuries, along with the surge in orthopedic surgeries owing to the large geriatric population and increase in trauma cases, are driving the growth of the soft tissue anchors market.

On the contrary, high cost of surgeries and unfavorable reimbursement scenarios hurdles the growth of North America soft tissue anchors market.

Based on type, the North America soft tissue anchors market is segmented into absorbable and non-absorbable. The absorbable segment held 70.1% market share in 2022, amassing US$ 207.25 million. It is projected to garner US$ 284.68 million by 2028 to expand at 5.4% CAGR during 2022–2028.

Based on typing type, the North America soft tissue anchors market is segmented into knotted & knotless. The knotless segment held 60.9% market share in 2022, amassing US$ 180.03 million. It is projected to garner US$ 249.18 million by 2028 to expand at 5.6% CAGR during 2022–2028.

Based on material, the North America soft tissue anchors market is segmented into metallic suture anchor, bioabsorbable suture anchor, PEEK suture anchor, bio-composite suture anchor, and others. The PEEK suture anchor segment held 37.3% market share in 2022, amassing US$ 110.31 million. It is projected to garner US$ 152.84 million by 2028 to expand at 5.6% CAGR during 2022–2028.

Based on end user, the North America soft tissue anchors market is segmented into hospitals, clinics, emergency medical services, and others. The emergency medical services segment held 44.9% market share in 2022, amassing US$ 132.79 million. It is projected to garner US$ 190.41 million by 2028 to expand at 6.2% CAGR during 2022–2028

Based on country, the North America soft tissue anchors market is segmented into the US, Canada, and Mexico. Our regional analysis states that the US captured 74.0% market share in 2022. It was assessed at US$ 218.64 million in 2022 and is likely to hit US$ 303.55 million by 2028, exhibiting a CAGR of 5.6% during the forecast period.

Key players dominating the North America soft tissue anchors market are Aju Pharm Co., Ltd.; Arthrex, Inc.; CONMED Corporation; Cook Medical LLC; DJO, LLC (Colfax Corporation); Johnson & Johnson Services, Inc. (DePuy Synthes); Medtronic; Smith & Nephew Plc.; Stryker Corporation; and Zimmer Biomet among others.

In May 2022, Medtronic announced that it has completed the acquisition of Intersect ENT, a global ear, nose, and throat (ENT) medical technology leader dedicated to transforming patient care. In Jan 2021, Smith & Nephew announced acquisition of the Extremity Orthopaedics business of Integra LifeSciences Holdings Corporation for $ 240 million.