Global Collateral Ligament Stabilizer System Market by End-use (Orthopedic Clinics, Hospitals), by Injury Type (Grade 1, Grade 2, Grade 3), by Ligament (MCL, LCL) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global market for collateral ligament stabilizer systems was valued at USD 1.31 Billion in 2016. It is forecast to grow at 6.7% CAGR over the forecast period. In the next few years, the growing geriatric population will drive demand for Collateral Ligament Stabilizer Systems.

A U.S. Census Bureau report states that the U.S. population aged 65 or older was 46.2 million in 2014. It is projected to rise to over 98 million in 2060. As the elderly age, more people will develop arthritis and other joint conditions. This is because their knee ligaments are weaker and more susceptible to injury. Over the forecast period, this factor will drive demand for these systems.

Industry growth is expected to be driven by a rise of sports-related trauma. Muscle sprains and strains, ligament tear, trauma, dislocated bones, and dislocated joints are the most common types of sports injuries.

A rise in road accidents is another factor that drives the demand for CLSS. According to the World Health Organization, nearly 10 million people are disabled or injured each year due to road accidents. A rise in road accidents results in a greater demand for knee braces, and support for pain management. This leads to increased adoption.

Ligament Insights

In 2016, the Medial Collateral Ligament segment (MCL), accounted for 58.00% of this market. This segment has seen significant growth due to the presence of prominent market players who are involved in the development and marketing of new products.

Additionally, impairments of the MCL are common in athletes who play in contact sports that require rapid changes in speed or direction. They also occur when the ligament is not able to withstand a force, which causes the ligament to tear and overstretch. Due to an increase in MCL injuries, the MCL segment will see lucrative growth.

The Lateral Collateral Ligament segment (LCL), is expected to expand at a steady pace during the forecast period. LCL stabilizers are expected to see increased use in homecare, sports and emergency medicine due to their associated benefits such as better comfort and favorable reimbursement policies. These factors will likely keep LCL stabilizer demand steady during the forecast period.

Due to the introduction of new products to the market, the LCL segment will grow at a 5.6% CAGR. LCL injury is quite common because it's located outside the knee. It is more likely than not to cause knee instability. These systems are essential to stabilize the knee in the event of a knee injury. These factors will increase the segment's revenue.

Insights on Injury Types

In 2016, the highest share was held by grade 3 injuries. Due to this increase in these types of injuries the demand for and use of CLSS is increasing. Grade 3 injuries require surgical intervention. In severe cases, the LCL or MCL may need to be replaced.

The rapid growth in grade 2 injuries can be attributed the the rise in sports trauma. This is where there is a partial ligament tear which causes the ligament to lose. This segment is expected to grow due to the increase in grade 2 injuries.

Instead of knee surgery, doctors recommend knee stabilizers and knee supports to patients. These factors will continue to drive the demand for grade 2 injury stabilisers.

Grade 1 injuries result in the ligament being slightly stretched. These injuries do not require surgery and can be treated with conservative therapies. Grade 1 injuries are often not reported because they heal quickly and usually within two to three weeks. CLSS products are less commonly used for grade 1 injuries than other types of injuries. The grade 1 segment of injuries is expected to continue growing at a steady pace.

End-use Insights

The CLSS industry was dominated by hospitals. Hospitals offer a wide range of treatment options for various injuries. Hospitals also offer quick reimbursements for knee and hip surgeries, as well as other Medicare-related procedures. The hospital segment is expected grow steadily during the forecast period.

The increasing number of clinics that specialize in orthopedics, such as those found in North America and Europe, has made them the dominant end-use segment within the CLSS industry. This segment also holds the largest share due to an increase in the incidence of chronic diseases such as musculoskeletal disorders and other chronic conditions, as well as an increase in the number trauma cases.

Braces and supports are in high demand due to the increase in patients who visit orthopedic clinics for treatment of bone and joint problems, such as osteoarthritis, ankle arthritis and osteoporosis. The number of products for orthopedic surgery has increased significantly due to an increase in patients choosing it.

Other segments include online pharmacies, retail shops, physiotherapy clinics, sports academies, and online pharmacies. This segment is expected to grow at an impressive rate during the forecast period. Physiotherapy clinics offer massage and suggest exercises to heal injuries. These clinics recommend that patients use a collateral ligament stabilizer or knee braces to speed up the healing process. Many orthopedic braces are used to treat athletic injuries in gyms, sports academies and health clubs. This segment is expected to grow due to the increasing preference of patients for electronic commerce.

Regional Insights

North America dominated the market for collateral ligament stabilizer systems, which was valued at USD 565 millions in 2016. This is due to an increase in sports injuries. This is a result of the increasing number of sports injuries that have been reported. It has led to an increase in demand for CLSS and a boost in the region's growth.

The overall growth of North America's CLSS market is also due to an aging population and a well-developed reimbursement system.

Due to the large proportion of geriatrics in Asia Pacific, the region is expected to grow at 7.9%. This indicates that there is a significant socioeconomic burden. The Asia Pacific population is rapidly aging according to The World Bank. In 2010, more than 211 million 65-year-olds lived in East Asia and the Pacific. This will be a significant factor that will drive the demand for CLSS services in the Asia Pacific over the forecast period.

Market growth is expected to be driven by a number of factors, including a large number of untapped opportunities and an increase in chronic conditions like osteoarthritis. Also, there will be an increase in accident & trauma cases. Key market players will continue R&D activities for innovative products. The Asia Pacific region is dominated by China, Japan, India, and Japan.

Collateral Ligament Stabilizer System Market Share Insights

Due to an increase in collateral ligament impairments, and the demand for faster and better treatment of knee injuries, the CLSS market is expanding. Many medical device manufacturers, both local and internationally, are willing to invest in this market because of the high demand.

Ossur, DJO Global, DePuy Synthes, Bauerfeind, DeRoyal Industries, Inc. are some of the major players in this market. This market's competition has led to improvements in existing product lines as well as the development of new products. This has provided increased safety and comfort for patients.

To increase market penetration, major players in the industry use a variety of strategies such as mergers or acquisitions. DeRoyal Industries, Inc., for example, entered into a partnership agreement in August 2013 with Seabourne Group, Ltd., a third-party logistics company (3PL). This will allow DeRoyal Industries, Inc. to use Seabourne's Netherlands warehouse to expand their supply chain.

Over the forecast period, the industry will see increased competition due to the increase in players. In the near future, the industry will experience high levels of competitive rivalry.

Collateral Ligament Stabilizer System Market Report Scope

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional, and country levels. It also analyzes the industry trends for each sub-segment from 2014 through 2025. Grand View Research segmented the global market for collateral ligament stabilizer systems based on type of ligament, injury type and end use.

• Ligament Outlook (Revenue USD Million, 2014-2025)

  • Medial Collateral Ligament (MCL)

  • Lateral Collateral Ligament (LCL)

• Injury Type Outlook (Revenue USD Millions, 2014-2025)

  • Grade 1

  • Grade 2

  • Grade 3

• End-Use Outlook (Revenue USD Million, 2014-2025)

  • Hospitals

  • Orthopedic Clinics

  • Other

• Regional Outlook (Revenue USD Million, 2014-2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • The U.K.

    • Germany

  • Asia Pacific

    • Japan

    • China

    • India

  • Latin America

    • Brazil

    • Mexico

  • The Middle East and Africa

    • South Africa

These are the most frequently asked questions about this report

b. Global collateral ligament stabilizer market to reach USD 2,361.4 Million by 2025 is expected to grow at 6.7% compound annual growth rate from 2019 to 2025.

b. With a 42.12% share in 2019, North America was the dominant market for collateral ligament stabilizer systems. This can be attributed to the growing geriatric population, increasing number of injuries and well-developed reimbursement structures.

b. Ossur, DJO Global, DePuy Synthes, Bauerfeind, DeRoyal Industries, Inc. are some of the key players in the market for collateral ligament stabilizer systems.

b. The market for collateral ligament stabilizer systems is growing due to a steady rise in the elderly population, and an increase in arthritis and other joint diseases.

b. Global market for collateral ligament stabilizer systems was valued at USD 1,609.1 Million in 2019. It is expected that it will reach USD 1,717.3 millions in 2020.

Up Market Research published a new report titled “Collateral Ligament Stabilizer System Market research report which is segmented by End-use (Orthopedic Clinics, Hospitals), by Injury Type (Grade 1, Grade 2, Grade 3), by Ligament (MCL, LCL), By Players/Companies Inc, DePuy Synthes, DeRoyal Industries, DJO Global, Bauerfeind, Ossur”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Collateral Ligament Stabilizer System Market Report Segments:

The market is segmented by End-use (Orthopedic Clinics, Hospitals), by Injury Type (Grade 1, Grade 2, Grade 3), by Ligament (MCL, LCL).

Collateral Ligament Stabilizer System Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Collateral Ligament Stabilizer System Market

Overview of the regional outlook of the Collateral Ligament Stabilizer System Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Collateral Ligament Stabilizer System Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Collateral Ligament Stabilizer System Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Orthopedic Clinics

                2. Hospitals

                1. Grade 1

                2. Grade 2

                3. Grade 3

                1. MCL

                2. LCL

9. Market scenario by region, sub-region, and country.
10. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
11. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
12. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Collateral Ligament Stabilizer System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Collateral Ligament Stabilizer System Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.