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:
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
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.
| 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: |
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| Segments covered: |
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| 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. |
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| Growth Drivers: |
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Figure 2. Global ACL and PCL Reconstruction Devices Market Share (%), By Procedure Type, 2022
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.
Anterior cruciate ligament and posterior cruciate ligaments connect bones that form the knee and stabilize joint movement. Both ligaments are important as they prevent femur from sliding against the tibia and vice versa. ACL injuries occurs due to excessive use, physical impact. Most ACL/PCL injuries occur within the professional sport injury. Athletes who have difficulty in twisting, turning or pivoting after an ACL tear consider having their ACL reconstructed.
ACL reconstruction is performed by replacing torn ACL with tissue that is placed at normal attachment sites of the native ACL, this involves reaming a tunnel in the femur and tibia and then securing the graft within those tunnels. The graft sources for reconstruction surgery includes hamstring, Achilles or tibialis, these are taken from the patient as an autograft or from a donor as an allograft.
Market Dynamics
The increasing sport related injuries globally, rising research and development activities, and increasing adoption of inorganic growth strategies such as mergers, acquisitions, partnerships, and collaborations by key players operating in market are the major factors that are expected to drive growth of global anterior cruciate ligament (ACL)/posterior cruciate ligament (PCL) reconstruction devices market over the forecast period.
For instance, in January 2020, Anika Therapeutics, Inc. a global integrated joints-preservation and regenerative therapies company, announced that it has signed an agreement to acquire Parcus Medical, a leading privately held sports medicine company.
Key features of the study:
Detailed Segmentation:
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