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Soft Tissue Patch Market, Global Outlook and Forecast 2024-2030

Soft Tissue Patch Market, Global Outlook and Forecast 2024-2030

  • Published on : 05 June 2024
  • Pages :74
  • Report Code:SMR-7958061

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Report overview

The global Soft Tissue Patch market was valued at USD 207.85 million in 2023 and is projected to reach USD 471.76 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 11.9% during the forecast period (2024-2030). The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

A soft tissue patch is a medical device used to repair or reinforce soft tissues such as muscles, tendons, or ligaments. It is typically made from biocompatible materials and can be applied surgically to enhance healing or provide structural support.

Increasing Demand: Factors driving this growth include rising prevalence of soft tissue injuries and surgeries, advancements in surgical techniques, and increasing awareness about the benefits of using soft tissue patches.

Technological Advancements: Innovations in soft tissue patch materials, including biocompatible and bioresorbable materials, are enhancing surgical outcomes and expanding the application scope.

Application Diversity: Soft tissue patches are used in various surgical procedures such as hernia repair, orthopedic surgeries, cardiovascular surgeries, and wound closure, contributing to market growth.

Regional Dynamics: Growth in the market is influenced by factors such as healthcare infrastructure development, increasing healthcare expenditure, and favorable reimbursement policies across different regions.

Competitive Landscape: Key players in the Soft Tissue Patch market are focusing on product development, partnerships, and mergers to strengthen their market presence and expand their product portfolios.

Challenges: Challenges such as stringent regulatory approvals for new products and variability in reimbursement policies across different regions may impact market dynamics.

Future Outlook: The forecast suggests a positive outlook for the Soft Tissue Patch market, driven by technological advancements, increasing surgical procedures, and growing patient preference for minimally invasive surgeries.

The global key manufacturers of Soft Tissue Patch include B. Braun, Medtronic, Johnson & Johnson, BD, Dyna Mesh, Gore Medical, Beijing Balance Medical Technology and Shanghai Chest, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

This report aims to provide a comprehensive presentation of the global market for Soft Tissue Patch, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Soft Tissue Patch. This report contains market size and forecasts of Soft Tissue Patch in global, including the following market information:

  • Global Soft Tissue Patch Market Revenue, 2019-2024, 2025-2030, ($ millions)
  • Global Soft Tissue Patch Market Sales, 2019-2024, 2025-2030, (K Units)
  • Global top five Soft Tissue Patch companies in 2023 (%)

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Soft Tissue Patch manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:
Global Soft Tissue Patch Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Soft Tissue Patch Market Segment Percentages, by Type, 2023 (%)

  • Non-absorbable Patch
  • Absorbable Patch

Global Soft Tissue Patch Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Soft Tissue Patch Market Segment Percentages, by Application, 2023 (%)

  • Public Hospital
  • Private Hospital

Global Soft Tissue Patch Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)
Global Soft Tissue Patch Market Segment Percentages, By Region and Country, 2023 (%)

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis
The report also provides analysis of leading market participants including:

  • Key companies Soft Tissue Patch revenues in global market, 2019-2024 (Estimated), ($ millions)
  • Key companies Soft Tissue Patch revenues share in global market, 2023 (%)
  • Key companies Soft Tissue Patch sales in global market, 2019-2024 (Estimated), (K Units)
  • Key companies Soft Tissue Patch sales share in global market, 2023 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • B. Braun
  • Medtronic
  • Johnson & Johnson
  • BD
  • Dyna Mesh
  • Gore Medical
  • Beijing Balance Medical Technology
  • Shanghai Chest

Outline of Major Chapters:
Chapter 1: Introduces the definition of Soft Tissue Patch, market overview.
Chapter 2: Global Soft Tissue Patch market size in revenue and volume.
Chapter 3: Detailed analysis of Soft Tissue Patch manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Soft Tissue Patch in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Soft Tissue Patch capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.