Collateral Ligament Stabilizer System Market – Global Industry Report 2023
Europe Collateral Ligament Stabilizer System Market By Ligament Type, By Injury Type, By End-Use And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)
(EMAILWIRE.COM, October 23, 2018 ) Europe Collateral Ligament Stabilizer System market size was around USD 0.42 billion in 2018. It is expected to grow at a CAGR of 7.10% to reach USD 0.59 billion by 2023.
With a constant increase in elderly populace worldwide, the number of patients suffering from joint disorders and Arthritis is expected to surge rapidly. This will act as a key driving factor for collateral ligament stabilizer system market. Sports-related injuries which mainly include bone fractures, ligament tears, muscle sprains are also playing a crucial role in propelling the market growth. Also, an increase in road accidents will most likely boost the need for Collateral Ligament Stabilizer System.
The market is segmented by Ligament type, by injury type, and by End Use. With respect to Ligament type, the market can be divided into Medial Collateral Ligament and Lateral Collateral Ligament. The Medial Collateral Ligament (MCL) segment accounts for the major market share as the deterioration of MCL occurs very often while playing sports in which there is a heavy pressure on the knee. The Lateral Collateral Ligament stabilizer is used for knee stabilization in case of a knee injury. By injury type, the market can be segmented into Grade 1, Grade 2, and Grade 3. Grade 3 injuries segment is dominating the market share as the use of Collateral ligament stabilizer System is very essential to treat these cases. The constantly rising cases of Grade 3 injuries is also contributing towards the market development. Grade 2 injuries segment is expected to grow as stabilizers are more preferred to surgeries in case of grade 2 injury. By End Use, the market can be further divided into Hospitals, Orthopaedic Clinics, and Others. The Orthopaedic Clinics segment accounted for the major share because of the huge number of Orthopaedic Clinics established internationally over the last decade. The market share of Hospitals is anticipated to rise steadily owing to the favourable reimbursement policies initiated by various International governments regarding the treatment of knee injuries.
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By geography the market is segmented into countries like Germany and U.K. Europe is expected to have a steady growth owing to the presence of key manufacturers and reimbursement policies in hospitals. Some of the major manufacturers of the CLSS market include DJO Global LLC, DePuy Synthes, Ossur, DeRoyal Industries, Bauerfeind, Seabourne Group, Arthrex, and Deroyal.
With a constant increase in elderly populace worldwide, the number of patients suffering from joint disorders and Arthritis is expected to surge rapidly. This will act as a key driving factor for collateral ligament stabilizer system market. Sports-related injuries which mainly include bone fractures, ligament tears, muscle sprains are also playing a crucial role in propelling the market growth. Also, an increase in road accidents will most likely boost the need for Collateral Ligament Stabilizer System.
The market is segmented by Ligament type, by injury type, and by End Use. With respect to Ligament type, the market can be divided into Medial Collateral Ligament and Lateral Collateral Ligament. The Medial Collateral Ligament (MCL) segment accounts for the major market share as the deterioration of MCL occurs very often while playing sports in which there is a heavy pressure on the knee. The Lateral Collateral Ligament stabilizer is used for knee stabilization in case of a knee injury. By injury type, the market can be segmented into Grade 1, Grade 2, and Grade 3. Grade 3 injuries segment is dominating the market share as the use of Collateral ligament stabilizer System is very essential to treat these cases. The constantly rising cases of Grade 3 injuries is also contributing towards the market development. Grade 2 injuries segment is expected to grow as stabilizers are more preferred to surgeries in case of grade 2 injury. By End Use, the market can be further divided into Hospitals, Orthopaedic Clinics, and Others. The Orthopaedic Clinics segment accounted for the major share because of the huge number of Orthopaedic Clinics established internationally over the last decade. The market share of Hospitals is anticipated to rise steadily owing to the favourable reimbursement policies initiated by various International governments regarding the treatment of knee injuries.
Free sample: https://www.marketdataforecast.com/market-reports/europe-ligament-stabilizer-system-market-7955/request-sample
By geography the market is segmented into countries like Germany and U.K. Europe is expected to have a steady growth owing to the presence of key manufacturers and reimbursement policies in hospitals. Some of the major manufacturers of the CLSS market include DJO Global LLC, DePuy Synthes, Ossur, DeRoyal Industries, Bauerfeind, Seabourne Group, Arthrex, and Deroyal.
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: 18887029626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: 18887029626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results