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Transparency Market Research (TMR) predicts that the orthopedic soft tissue surgical procedures market has a highly competitive vendor landscape.
Companies including Arthrex, Inc., ArthroCare Corporation, Smith & Nephew plc, DePuy Synthes, Inc., Stryker Corporation, Biomet, Inc., and CONMED Corporation are some of the prominent players in the orthopedic soft tissue surgical procedures market.
The leading players are trying to offer advanced soft tissue repair solutions for cultivating surgical procedures to be used in several medical specialties to gain a competitive edge.
In addition, they are investing R&Ds to develop novel orthopedic surgical equipment, which is helping them to strengthen their positions in the market.
According to TMR, the orthopedic soft tissue surgical procedures market is expected to expand at a CAGR of 4.90% over the forecast period to reach a value of US$10.2 bn by end of forecast period from 2014 to 2020.
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