Soft Tissue Allografts Market to Reach Value of US$ 6.3 Billion by 2031, States TMR Study

Posted on 2024-03-29 by Transparency Market Research in Healthcare // 0 Comments

Wilmington, Delaware, United States, 2024-Mar-29 — /EPR Network/ — Transparency Market Research Inc. –

The global soft tissue allografts market, valued at US$ 3.74 billion in 2021, is forecasted to grow at a CAGR of 5.5% from 2022 to 2031, reaching over US$ 6.3 billion by 2031. Technology advancements have fueled the popularity of soft tissue allografts, with factors such as an aging population, increasing demand in athletics, a rise in tissue banks, and a surge in orthopedic surgical procedures driving demand for sterile tissue allografts.

Companies are gearing up to introduce new soft tissue allografts products to meet this growing demand, while heightened awareness among patients, facilitated by increased Internet penetration and social media accessibility, is expected to further boost market growth. Additionally, evolving healthcare trends, the growing significance of sports, and an expanding geriatric population are poised to propel the global soft tissue allografts market forward.

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Soft tissue allografts serve as replacements for ligaments, menisci, and in spinal and knee surgeries. A rigorous three-stage safety screening process, including donor screening and tissue preparation, ensures their sterility. Comprising bone, tendons, cartilage, and more, soft tissue allografts find application in diverse surgeries, boasting a successful track record spanning 150 years and witnessing over 1 million annual transplants in the U.S.

Global adoption of soft tissue allografts is rising due to increased orthopedic surgeries and dental implants, alongside factors like aging populations, technological advancements, and patient demand. However, risks such as infection and immune reactions pose serious complications, while high procedure costs with limited reimbursement hamper market growth.

Clinical Use in Medical Procedures and Sports Injuries to Drive Global Market

Modern training in athletics, field events, and contact sports like American football involves intensive sessions that can surpass the physical demands of the sport itself. While high-intensity training correlates with enhanced athletic performance, excessive workouts often lead to muscle and bone fatigue, increasing the risk of injury.

Sports injuries stem from various factors such as accidents, impacts, inadequate training, poor conditioning, improper equipment, and insufficient warm-up and stretching routines. The prevalence of youth injuries is rising due to year-round engagement in single-sport activities. According to the American Academy of Pediatrics, over 30 million children and teenagers participate in organized sports annually in the U.S., resulting in more than 3.5 million injuries. Notably, sports-related injuries constitute one-third of all childhood injuries.

Key Players:

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, and Arthrex

Market Segmentation:-

Product Type
- Cartilage Allografts
  - Hyaline Cartilage
  - Elastic Cartilage
  - Fibro Cartilage
- Tendon Allografts
  - Achilles Tendon
  - Tibialis
  - Patellar Tendon
  - Hamstring
- Meniscus Allografts
- Dental Allografts
  - Free Gingival Graft
  - Connective Tissue Graft
  - Pedicle Graft
- Collagen Allografts
- Amniotic Allografts

Application
- Orthopedic
  - Sports Medicine
  - Spine Surgeries
  - General Orthopedic
  - Reconstruction
- Dentistry
  - Dental Sensitivity
  - Aesthetics
- Wound Care
- Others

End-user
- Hospitals
- Orthopedic Clinics
- Dental Clinics
- Ambulatory Surgical Centers
- Aesthetic Centers

Market Drivers and Challenges:

Drivers:
- Growing prevalence of orthopedic and dental disorders.
- Advancements in tissue processing technologies.
- Increasing geriatric population.
- Rising demand for minimally invasive procedures.
- Favorable reimbursement policies.
Challenges:
- Stringent regulatory requirements.
- Ethical concerns related to tissue sourcing.
- Limited availability of skilled professionals for tissue processing.

Key Developments in Global Soft Tissue Allografts Market

In August 2022, Vivex Biologics, Inc., a leading regenerative medicine company specializing in the development of naturally sourced treatments, announced the release of CYGNUS Matrix Disks, the newest configuration of the CYGNUS family of amniotic tissue allografts. CYGNUS amniotic tissue allografts are used to cover wounds. They act as soft tissue barriers to help prevent mechanical damage. CYGNUS Matrix Disk is a flexible, multi-layer allograft that preserves the amnion layer, its intermediate/spongy layer, and the chorion layers of the amniotic sac. It also offers better handling and increased workability.
In August 2021, AlloSource introduced AlloMend Ultra-Thick Acellular Dermal Matrix (ADM), the newest addition to the AlloMend product line. The company is the largest allograft provider in the U.S. that develops cutting-edge cellular and tissue products to aid surgeons in healing patients. The thickest dermal graft offered by the company is AlloMend Ultra-Thick ADM, which is available in multiple sizes and has a thickness range of 3.0 mm to 4.0 mm. It is made using cutting-edge processing methods to guarantee that each allograft’s thickness is constant throughout the entire graft. The product was created to be used in the replacement or repair of worn-out or insufficient tissue needed for difficult procedures such as superior capsule reconstruction (SCR).

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Market Trends:

Adoption of innovative tissue preservation techniques.
Increasing focus on personalized medicine and patient-specific grafts.
Collaboration between academic research institutions and industry players for product development.
Rising popularity of cryopreserved soft tissue allografts.

Future Outlook:

The future of the soft tissue allografts market looks promising, with ongoing research and development activities aimed at enhancing graft functionality and reducing the risk of immunological rejection. Moreover, expanding applications of soft tissue allografts in areas such as aesthetic surgery and ophthalmology are expected to further drive market growth.

Key Market Study Points:

Market dynamics analysis, including drivers, restraints, and opportunities.
Competitive landscape assessment, highlighting key players and their strategies.
Technological advancements and product innovations.
Regulatory landscape and its impact on market growth.
Market penetration strategies in emerging economies.

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