The global ACL Reconstruction Procedures market gathered revenue around USD 7.2 billion in 2021 and market is set to grow USD 11.0 billion by the end of 2030 and is estimated to expand at a modest CAGR of 5.1% during the prediction period 2022 to 2030.
Growth Factors:
Anterior cruciate ligament (ACL) reconstruction procedure is a surgery used for replacement or repair of torn anterior cruciate ligament caused due to sports injuries. ACL is an important soft tissue structure present in the middle of the knee that connects femur to the tibia in the knee. ACL reconstruction surgery procedure involves replacement of torn ligament with tissue graft, which is similar to ACL.
Competitive athletes are at high risk of ACL injuries, which drives the demand for ACL reconstruction procedures. The growth of the global market can be attributed to increase in awareness about sports injuries and emphasis on the treatment of orthopedic disorders. This fuels the demand for advanced ACL reconstructive procedures across the globe.
Report Scope of the ACL Reconstruction Procedures Market
Report Coverage |
Details |
Market Size |
US$ 11.0 Billion by 2030 |
Growth Rate |
CAGR of 5.1% from 2022 to 2030 |
Largest Market |
North America |
Fastest Growing Market |
Asia Pacific |
Base Year |
2021 |
Forecast Period |
2022 to 2030 |
Segments Covered |
Type, Fixation Type, End-user and Region, |
Companies Mentioned |
Zimmer Biomet Holdings, Inc., Stryker Corporation, Johnson & Johnson Services, Inc., Medtronic, DJO, LLC, Arthrex, Inc., Citieffe s.r.l., CONMED Corporation, MEIRA Corporation, Miach Orthopaedics, Smith & Nephew plc, RTI Surgical, and Tissue Regenix Group. |
ACL Reconstruction Procedures Market: Overview
Key Industry Events to Propel ACL Reconstruction Procedures Market
Various strategies adopted by prominent players such as launch of new products, merger & acquisition, and alliances with other companies are likely to propel the global ACL reconstruction procedures market during the forecast period. These players opt for various strategies such as geographic expansion, expansion of new product portfolio in developing countries, and strong distribution network in the developing countries. These factors are anticipated to boost the growth of the global ACL reconstruction procedures market. In June 2021, Colfax, the parent company of DJO LLC, entered into a definitive agreement to expand DJO’s successful reconstructive business and acquire Mathys AG Bettlach, a Switzerland-based company that develops and distributes innovative products for artificial joint replacement, synthetic bone graft solutions, and sports medicine.
In September 2021, Stryker Corporation completed the acquisition of Wright Medical Group NV, a medical device company, which focuses on extremities and biologics. This acquisition provides the company significant opportunities in providing innovative solutions to the patients.
ACL Reconstruction Procedures Market: Segmentation
ACL Reconstruction Procedures Market: Prominent Regions
In terms of region, the global ACL reconstruction procedures market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global ACL reconstruction procedures market in 2020, followed by Europe and Asia Pacific. Product launches by market players such as Zimmer Biomet, increase in the number of FDA approvals and patent grants, and rise in demand for ACL reconstruction procedures are anticipated to drive the market in North America during the forecast period. Increase in number of arthoscopy procedures in the U.S., surge in burden of patients suffering from sports injuries, rise in demand for health care products, and increase in health care spending are factors anticipated to propel the ACL reconstruction procedures market in the region. The market in North America is driven by increase in the number of Food and Drug Administration (FDA) approvals for tissue meshes and launch of fixation devices by market players.
The ACL reconstruction procedures market in Asia Pacific is expected to expand at a higher CAGR from 2022 to 2030 attributable to growing medical tourism, increase in incidence of sports injuries, technological advancements, rise in the number of orthopedic procedures, and surge in healthcare expenditure. Launch of new products in China and Japan and rigorous marketing campaigns adopted by leading players in the region to gain competitive advantage are likely to fuel the growth of the market in Asia Pacific during the forecast period.
Some of the prominent players in the ACL Reconstruction Procedures Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in ACL Reconstruction Procedures Market Study: