Soft tissue allografts are substitute tissues used for the reconstruction of deficient ligaments, torn menisci, spinal surgeries, and osteochondral defects during knee surgeries.
Global Soft Tissue Allografts Market: Overview
- Soft tissue allografts are substitute tissues used for the reconstruction of deficient ligaments, torn menisci, spinal surgeries, and osteochondral defects during knee surgeries. Soft tissue allografts undergo a safety screening process (3 stages) of donor screening, laboratory testing, and tissue preparation.
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- Soft tissue allografts can be made up of bones, skin, tendons, cartilages, heart valves, and veins used for transplant in different types of surgeries. Soft tissue allografts have been considered a successful procedure for more than 150 years, and around 1 million allografts are transplanted in the U.S. each year.
- The global soft tissue allografts market was valued at US$ 3.55 Bn in 2018, and is projected to reach ~ US$ 6.2 Bn by 2027, expanding at a CAGR of ~ 6.5% from 2019 to 2027.
- The usage of soft tissue allografts has increased due to the rise in the number of orthopedic surgeries and dental implants. Increase in geriatric population, growing demand for new technological advancements for the production of new tissues by tissue banks, rise in the demand for soft tissue allografts among athletic patients also fuel the growth of the global soft tissue allografts market.
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- Risk of infection and immune response can lead to serious complications such as disruption of infected anastomotic rigid line with a rupture, bowel formation, and microbial infection. Moreover, high cost of procedures with limited reimbursement is likely to restrain the global soft tissue allografts market.
- Increase in incidences of periodontal diseases among the young population and rise in technological innovations in dental implants are anticipated to drive the global soft tissue allografts market.
Global Soft Tissue Allografts Market: Key Segments
- In terms of product type, the global soft tissue allografts market has been segmented into cartilage allografts, tendon allografts, meniscus allografts, dental allografts, collagen allografts, and amniotic allografts.
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- The collagen allografts segment dominated the global soft tissue allografts market in 2018, as these devices are mostly utilized by vascular and orthopedic surgeons for diabetic foot ulcers, ACL surgeries, and other cosmetic surgeries.
- Based on application, the global soft tissue allografts market has been classified into orthopedic, dentistry, wound care, and others.
- In terms of end user, the global soft tissue allografts market has been divided into hospitals, orthopedic clinics, dental clinics, ambulatory surgical centers, and aesthetic centers.
Global Soft Tissue Allografts Market: Regional Outlook
- In terms of region, the global soft tissue allografts market has been segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for a major share of the global soft tissue allografts market in 2018.
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- The soft tissue allografts market in North America is driven by the presence of key players and high rate of adoption of technologies. Additionally, rise in the prevalence of diabetic foot ulcers, better healthcare awareness programs for diabetes, and increase in the number of surgical procedures on ACL are likely to propel the soft tissue allografts market in the region.
- The soft tissue allografts market in Asia Pacific is driven by the setting up of distribution channels by key players, and the demand for collagen allografts for the treatment of serious burn injuries and breast reconstruction surgery.
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Companies Mentioned in the Soft Tissue Allografts Market Report
The global soft tissue allografts market is highly fragmented due to the presence of a large number of players. Major players operating in the global soft tissue allografts market include
- Lattice Biologics Ltd.
- Zimmer Biomet
- AlonSource Group
- MiMedix Group
- AlloSource
- CONMED Corporation
- Organogenesis, Inc.
- RTI Surgical, Inc.
- Osiris Therapeutics
- Integra LifeSciences Corporation
- Globus Medical, Inc.
- Straumann Holding AG
- Xtant Medical
- Alliqua BioMedical, Inc.
- C. R. Bard, Inc. (Davol, Inc.)
- B. Braun Melsungen AG
- Arthrex.
The increasing trend of mergers & acquisitions and product approvals & launches in developing countries is expected to boost the global soft tissue allografts market during the forecast period. Additionally, acquisitions provide growth in core parts of the business.
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