There is an increase in adoption of sports such football, baseball, athletics, and rugby, which has increased interest among people and it has also raised the sports injury especially for those who are in direct contact sports they are more prone to collateral ligament injury. According to Stanford Children’s Health Report, around 3.5 million sports injuries reported every year, in turn fueling growth of the collateral ligament stabilizer system market. Musculoskeletal disorders such as Raynaud’s syndrome and tarsal tunnel syndrome are also responsible for ligament injury. For instance, as per The National Institute for Occupational Safety and Health report 2013 there are around 380,600 of musculoskeletal cases are found in the U.S., which are responsible for weakening and damage of collateral ligaments supports the growth of collateral ligament stabilizer system market in near future.
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Geriatric population is also one of the major factor for the growth of collateral ligament stabilizer system market due to weakening of ligaments and increase in orthopedic diseases such as arthritis for instance, as per Centers of Disease Control and Prevention, there are around 54.4 million people are diagnosed in the U.S. from 2013 to 2015 has increased the cases of collateral ligament injury or weakening, which affects the stability of knee joint is expected to fuels the collateral ligament stabilizer system market.
Developed regions support the growth of collateral ligament stabilizer system
Collateral ligament stabilizer system market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East and Africa. North America is expected to dominate the collateral ligament stabilizer system market, closely followed by Europe due to increase in sports injury, musculoskeletal disorders, and increased geriatric population, supporting growth of collateral ligament stabilizer system market. Asia Pacific market is expected to grow significantly due to increase in healthcare expenditure, increase in healthcare facilities, increase in sports injury, and geriatric population is expected to fuels the collateral ligament stabilizer system market.
The medial collateral ligament present on the sides of the knees connect the femur to tibia and lateral collateral ligament connects the femur to the smaller bone in the lower leg. It controls the side motion of the knee and prevent it against unusual movement, though they can be injured by exertion of the knee. It is also injured by a noncontact injury such as hyperextension stress. It usually occurs when other ligaments of the knee are also injured, its symptoms include pain, instability of knee while walking, and swelling. For the diagnosis of collateral ligament injury various stress tests are conducted in order to determine the looseness of the ligament. MRI is also required for the diagnosis, serious tears or ruptures of the ligament require surgery for the treatment.
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The knee ligament injury is mostly observed in athletes who are in direct contact sports such as football, and musculoskeletal disorders such as carpal tunnel syndrome and geriatric population due to changes in their musculoskeletal system, which leads to ligament and joints problem. Collateral ligament stabilizer system is used to maintain the stability of injured collateral ligament.
Key players of collateral ligament stabilizer system
There are various key players present across the globe and contribute to the collateral ligament stabilizer system market. Some key players are DePuy Synthes, Arthrex, Bauerfeind, DJO Global LLC, and DeRoyal Industries Inc.