The global rotator cuff repair market size is expected to reach USD 1,806.90 million by 2032, according to a new study by Polaris Market Research. The report “Rotator Cuff Repair Market Share, Size, Trends, Industry Analysis Report, By Type (Surgical Treatment, Physiotherapy, Orthobiologics); By Injury Severity; By End User; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing prevalence of rotator cuff repair problems among the wider population is positively influencing the demand for the rotator cuff repair market. As the global population experiences more cases, there will be a significant demand for rotator cuff repair in the foreseeable future.
In the United States, approximately 500,000 rotator cuff repair procedures are conducted annually, while 20–70% of repairs fail functionally. This emphasizes companies renovating their existing devices to meet changing patient needs in the marketplace. For instance, in November 2023, Anika Therapeutics unveiled its new technology, the RevoMotion Reverse Shoulder Arthroplasty System, which has a market value of $1 million.
Rising collaborative frameworks are anticipated to create new growth potential for the global rotator cuff repair market in the long run. For instance, in March 2023, researchers at Penn State and the University of Oregon received a $2.3 million grant from the National Institute of Arthritis and Musculoskeletal and Skin Diseases to collaborate on rotator cuff injury tactics.
The increasing product launches by the major players in the world are facilitating possible growth opportunities for the rotator cuff repair market. For example, in February 2024, TETROUS, INC. announced the launch of EnFix TAC into its EnFix demineralized bone allograft implants product line for application in rotator cuff surgery.
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The growing development of innovative medical equipment with advanced technologies is anticipated to create diverse opportunities for the rotator cuff repair market in the coming years. For instance, in July 2023, Smith+Nephew, a medical technology provider, introduced its REGENETEN Bioinductive Implant in India to renovate the treatment procedures involved in addressing rotator cuff repair disease.
Strong government regulations on verifying the safety and integrity of medical devices are anticipated to propel market growth during the assessment period. For instance, in August 2023, the Food and Drug Administration (FDA) received 510(k) clearance for Anika Therapeutics’ integrity implant system. This system is set for full market release in the first quarter of 2024.
Rotator Cuff Repair Market Report Highlights
Polaris Market Research has segmented the rotator cuff repair market report based on type, injury severity, end user and region:
Rotator Cuff Repair, Type Outlook (Revenue - USD Million, 2019 - 2032)
Rotator Cuff Repair, Injury Severity Outlook (Revenue - USD Million, 2019 - 2032)
Rotator Cuff Repair, End User Outlook (Revenue - USD Million, 2019 - 2032)
Rotator Cuff Repair, Regional Outlook (Revenue - USD Million, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 1,192.21 million |
Revenue forecast in 2032 |
USD 1,806.90 million |
CAGR |
5.3% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD million and CAGR from 2024 to 2032 |
Segments covered |
|
Regional scope |
|
Competitive Landscape |
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Report Format |
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Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
For Specific Research Requirements |