The Cruciate Ligament Repair Procedures Market is expected to register a CAGR of 8.5% during the forecast period.
According to the World Health Organization (WHO), stated that the COVID-19 impact on sports medicine and sports surger was negative. Moreover, relative public interest in anterior cruciate ligament (ACL), meniscus, rotator cuff, anterior cruciate ligament (ACL) surgery, meniscus surgery and rotator cuff surgery was declined by 34.78%, 43.95%, 31.37%, 42.70%, 51.88%, and 53.32%, respectively, from January 1, 2020 to March 15, 2020, versus March 15, 2020 to May 10, 2020. According to a research study by Ajith K.Subhash et al., published in Arthroscopy, Orthopaedic sports medicine and arthroscopy patient and surgical case were negatively affected by various factors such as public interest after the onset of the COVID-19 pandemic.
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The factors that are driving the market include increasing demand for minimally invasive procedures, rising incidence of sports-related injuries.
Anterior cruciate ligament (ACL) injuries increase at all levels of sports, including elite athletics. ACL injuries can affect a player’s long life, as well as other long-term consequences, such as the development of future arthritis, according to Rafael A Buerba’s article published in 2020, citing sports injuries. As cruciate ligament repair procedures are mostly performed in knee ligament injuries thus increasing incidences of knee injuries will propel the growth of the overall market.
Moreover, increasing participation in the sport globally will raise the knee injuries populations and rising prevalence of anterior cruciate ligament (ACL) injuries around the world will also lead to high adoption of cruciate ligament correction surgeries and thus driving the overall market.
For instance, according to the data published by Maxime Gautier in 2019, in France, there are more precisely, 31% of skiing injuries that were found to the knees, and 17% of which were anterior cruciate ligament ruptures. The lower limbs are at high risk of injury for skiers as well, and in total, more than 50% of injuries were recorded on the legs and knees. However, the high cost of procedures and low reimbursement rates may hamper the market to a certain extent over the forecast period.
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