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26-Apr-2021
Suture Anchor Devices Market Growth Trends, Key Players, Competitive Strategies and Forecasts to 2027 | Smith & Nephew plc., Zimmer Biomet Holdings, Inc., ConMed Corporation, Arthrex, Inc. & so on…
The global suture anchor devices market is expected to witness robust growth during the forecast period. This growth is expected to be primarily driven by rising cases of sports injuries, increasing number of orthopaedic surgeries and development of advanced suture anchor devices and surgical techniques. According to the new report drafted by Future Market Insights titled “Suture Anchor Devices Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027),” revenue from the global suture anchor devices market is expected to expand at a CAGR of 5.2% over the forecast period to reach a value of US$ 875.6 Mn by 2027 end. Initially, suture anchor devices were made of metal and other non-absorbable materials, but the current trend pertains to absorbable suture anchors owing to their better biocompatibility, less interference with postoperative imaging, and absence of the need for subsequent removal.