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Suture Anchor Devices Market: Global Industry Analysis 2012 - 2016 and Opportunity Assessment 2017 - 2027LONDON, Feb. 14, 2018 /PRNewswire/ -- Download the full report: https://www.reportbuyer.com/product/5328087 Many research organisations are focussing on the development of new compositions of suture anchors with better advantages. For instance, Stryker's Sonic Anchor that operates through ultrasonic energy to liquefy and flow into cancellous bone, was launched in 2016. A growing number of strategic mergers and acquisitions among the key players in the global orthopaedic industry is another trend that is making a positive impact on the global suture anchor devices market. Top companies are focussing on expanding their market share through various strategic business models. For example, the Johnson & Johnson subsidiary DePuv acquired Synthes in 2012. Increase in medical tourism across the globe is another trend that is boosting the overall growth of the global suture anchor devices market. Latin America in particular has been witnessing growing activity of medical tourism. Countries such as Costa Rica, Brazil, and Mexico are highly sought after medical tourism destinations. According to the Council for International Promotion of Costa Rica Medicine, Costa Rica attracted nearly 50,000 medical tourists (mostly from the U.S. and Canada) in 2012. Around half of these medical tourists travelled for dental procedures, followed by orthopaedics, weight loss surgeries, and gynaecology and plastic surgery. Various predictable and unpredictable injuries are resulting in an increase in the number of musculoskeletal injuries. Increasing rate of sports injuries especially among women soccer players is creating robust growth in the global market for suture anchor devices. Bio-composite suture anchor is the most preferred material type for manufacturing suture anchor devices The bio-composite suture anchor segment is expected to dominate the global suture anchor devices market in terms of revenue in 2017, and the trend is projected to continue throughout the forecast period. The segment is expected to be the most lucrative among all material types, with an attractiveness index of 2.3, while the PEEK suture anchor segment is expected to be the second largest market with a market share index of 1.2. Download the full report: https://www.reportbuyer.com/product/5328087 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/suture-anchor-devices-market-global-industry-analysis-2012--2016-and-opportunity-assessment-2017---2027-300598820.html SOURCE ReportBuyer |