We have an updated report [Version - 2024] available. Kindly sign up to get the sample of the report.
all report title image
  • Published In : May 2022
  • Code : CMI5029
  • Pages :154
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

The anterior cruciate ligament (ACL) and posterior cruciate ligament (PCL) reconstruction is an operation to replace torn ligament to restore the stability of the knee joint. The ACL and PCL are tough bands of tissues in the middle portion of the knee that joins the tibia and the femur and prevents the two imperative bones from sliding or pivoting in an uncontrolled fashion.

Anterior cruciate ligament (ACL) and posterior cruciate ligament (PCL) injuries are classified according to the amount of injury to the functional ligament:

  • Grade 1: a partial ACL/PCL tear
  • Grade 2: near complete ACL/PCL tear
  • Grade 3: a complete ACL/PCL tear, the ligament becomes completely non-functional

The anterior cruciate ligament can be injured in a number of ways. These ligament tears mostly occur due to sudden pivoting or cutting manoeuvre during sporting activity, which is mostly seen in basketball, football. Ligament can also tear due to work injuries or road accidents.

Anterior cruciate ligament (ACL) and posterior cruciate ligament (PCL) reconstruction devices market is estimated to be valued at US$ 10,952 million in 2022 and is expected to exhibit a CAGR of 7.2 % over the forecast period (2022-2030)

Figure 1. Global ACL and PCL Reconstruction Devices Market Value (US$ Mn), By Region, 2022

ANTERIOR CRUCIATE LIGAMENT AND POSTERIOR CRUCIATE LIGAMENT RECONSTRUCTION DEVICES MARKET

To learn more about this report, request a free sample copy

Increasing ACL and PCL surgeries every year worldwide is expected to drive growth of the global ACL and PCL reconstruction devices market over the forecast period.

For instance, according to data published by National Centre for Biotechnology Information in February 2022, in U.S. annual incidence of ACL Injuries are around 1 in 3,500 people.

ACL and PCL Reconstruction Devices Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2022: US$ 10,952 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 7.2% 2030 Value Projection: US$ 19,145 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Procedure Type: Anterior Cruciate Ligament (ACL) Procedure, Posterior Cruciate Ligament (PCL) Procedure
  • By End User: Hospitals, Orthopaedic Centres, Others
Companies covered:

Miach Orthopaedics, Arthrex, Smith & Nephew, Zimmer Biomet, Conmed Linvatec, MTF, RTI Biologics, Stryker, LifeNet Health, JRF, Parcus Medical, Medtronic, Tissue Regenix, Synthasome, Artelon, MedShape, Rotation Medical, CITIEFFE S.R.L, DJO Global Inc., Johnson & Johnson Services, Inc., and Meira Corporation.

Growth Drivers:
  • Increasing geriatric population
  • Increasing ACL reconstruction surgeries

Figure 2. Global ACL and PCL Reconstruction Devices Market Share (%), By Procedure Type, 2022

ANTERIOR CRUCIATE LIGAMENT AND POSTERIOR CRUCIATE LIGAMENT RECONSTRUCTION DEVICES MARKET

To learn more about this report, request a free sample copy

Increasing product launches and approvals are expected to drive the market growth over the forecast period.

For instance, in January 2022, Zynex, Inc., a medical devices manufacturer that manufactures and markets electrotherapy devices for the use in pain management has added post-operative knee braces, which are typically used after orthopaedic surgery such as tendon or meniscus repairs, ACL/PCL/MCL, or fixing fractured knee.

Moreover, in December 2021, Miach Orthopaedics, Inc., a privately held company dedicated to developing bio-engineered surgical implants for connective tissue restoration, has made BEAR implant commercially available in select U.S. cities for the treatment of anterior cruciate ligament (ACL) tears.

Global ACL/PCL Reconstruction Devices Market – Impact of Coronavirus (COVID-19) Pandemic

The coronavirus (COVID-19) outbreak was first reported on December 31, 2019, in Wuhan, China. The World Health Organization declared COVID-19 a pandemic on March 11, 2020. According to the Coronavirus (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 518 million cases of coronavirus disease (COVID-19) were reported till  May 15, 2022, across the globe.

At the inception of covid-19, company’s revenue was impacted and it decreased due to worldwide lockdown. However, in first quarter of 2021 companies endured positivity in revenues due to signs of pandemic began to reduce across many regions by acceleration of vaccine rollout.

For instance, the net sales of Zimmer Biomet Holding, Inc. in the second quarter of 2020 witnessed a decrease of 38.3% from the prior year period.

Moreover, in the second quarter of 2021 Zimmer Biomet Holding, Inc. experienced increase in net sales 65.3% over the prior year period.

Key Players

Major players operating in the global ACL/PCL reconstruction devices market include Miach Orthopaedics, Arthrex, Smith & Nephew, Zimmer Biomet, Conmed Linvatec, MTF, RTI Biologics, Stryker, LifeNet Health, JRF, Parcus Medical, Medtronic, Tissue Regenix, Synthasome, Artelon, MedShape, Rotation Medical, CITIEFFE S.R.L, DJO Global Inc., Johnson & Johnson Services, Inc., and Meira Corporation.

Frequently Asked Questions

Global ACL/PCL reconstruction devices market size is estimated to be valued at US$ 10,952 million in 2022 and is expected to exhibit a CAGR of 7.2% between 2022 and 2030.

Increasing ACL reconstruction surgeries each year is expected to drive the market growth.

Anterior cruciate ligament (ACL) reconstruction procedure is expected to hold major market share, owing to increasing ACL surgeries yearly.

North America holds the largest market share in the market.

Major players operating in the market include Miach Orthopaedics, Arthrex, Smith & Nephew, Zimmer Biomet, Conmed Linvatec, MTF, RTI Biologics, Stryker, LifeNet Health, JRF, Parcus Medical, Medtronic, Tissue Regenix, Synthasome, Artelon, MedShape, Rotation Medical, CITIEFFE S.R.L, DJO Global Inc., Johnson & Johnson Services, Inc., and Meira Corporation.

View Our Licence Options

Need a Custom Report?

We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports

Customize Now

Want to Buy a Report but have a Limited Budget?

We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail

Request Discount
Logo

Reliability and Reputation

ESOMAR
DUNS Registered
Clutch
DMCA Protected

9001:2015

Reliability and Reputation

27001:2022

Reliability and Reputation

EXISTING CLIENTELE

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients
trusted clients logo