The Global Rotator Cuff Injury Treatment Market in terms of revenue was estimated to be worth $989.3 million in 2021 and is poised to reach $1,244.2 million by 2026, growing at a CAGR of 4.7% from 2021 to 2026.
The key factors fueling the growth of this market include an increase in sports-related shoulder injuries, technological advancements in arthroscopic surgical devices, increase in aging population with osteoarthritis, strong focus of players towards launch of highly advanced arthroscopic treatment devices. On the other hand, a dearth of skilled professionals, a high surgical treatment failure rate, and its high cost are major challenges faced by market players providing rotator cuff injury treatment products.
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Rotator Cuff Injury Treatment Market Global Dynamics
Drivers: Rising number of sports-related shoulder injuries
Sports and shoulder-related physical activities can cause high stress on the shoulder leading to the development of rotator cuff tendonitis, resulting in shoulder pain and weakness, further limiting the movement of the arm. The upper extremities constitute one-third of the proportion of sports injuries. Athletes engaged in sports like baseball, tennis, handball, and volleyball experience an acute episode of trauma or such as falling. Such episodes can increase the severity of shoulder injuries, ranging from rotator cuff contusions and tendinopathies development in rotator cuff tears. Around 3.5 million sports injuries are registered in the US annually (Source: National Electronic Injury Surveillance System, data as of 2019).
Restraints: High costs associated with arthroscopic surgical procedures
The high cost of arthroscopic surgery is a major concern, especially in emerging markets like China and India, where only a smaller population is under insurance coverage. The average cost of outpatient shoulder arthroscopy treatment in India can range between USD 3000 to USD 5000. Such costly treatments have reduced the affordability of shoulder arthroscopy are limiting the growth of this market. Moreover, surgical settings across low resource income nations are highly reluctant to adopt novel products owing to a lack of awareness and affordability, thus expecting to hinder the growth of this market to a certain extent.
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Opportunities: Novel orthobiologics in pipeline
Regenerative biologics is a rapidly growing segment that is anticipated to change the facet of sports orthopedics significantly. Despite the development of advanced sutures, the high failure rates encourage many researchers to opt for biological therapy to stimulate the healing of an injury. Many players such as Nephew, Zimmer, Johnson & Johnson (through its DePuy Division), and Stryker are strongly shifting their focus on expanding their product offering in this domain. Moreover, the emergence of many new players in the development of innovative regenerative biologics is likely to result in potentially promising treatment options for rotator cuff injuries.
Challenges: High failure rates of rotator cuff surgical treatment
The incidence of rotator cuff injuries is increasing and requires immediate surgical intervention to repair the tear. However, there is still a growing failure rate in the surgical treatment of rotator cuffs, thus being a major concern. Despite improvements in rotator cuff surgery techniques, the chances of re-tear rate remain above 20%, increasing with the severity of the tear, hindering the overall growth of the rotator cuff injury treatment market.
The surgical or curative treatment to capture the largest share in rotator cuff injury treatment market, by type during the forecast period.
The surgical treatment segment is expected to hold the largest share of the market, during the forecast period. This is attributable to the high adoption due to the increasing prevalence of rotator cuff injuries majorly among sportspersons and the availability of medical reimbursements for surgical treatment for rotator cuff rupture in the developed nations.
Additionally, the increase in the preference of shoulder arthroscopy for the treatment rotator cuff tear among surgeons and the growing awareness about the benefits associated with an arthroscopic repair such as lower risk of complications, quick recovery, low rate of post surgical infections are likely to play a significant role in propelling the growth of the segment.
North America is the largest regional market for rotator cuff injury treatment industry
North America captures the largest share of the market. This is attributed to the continuous development and commercialization of novel rotator cuff injury treatment products, favourable reimbursement and insurance coverage for rotator cuff repair treatment, supportive government regulations for product commercialization, and significant participation in sports.
Recent Developments
· In 2021, Stryker announced the acquisition of OrthoSpace, Ltd., with an aim to enlarge its sports medicine product offerings, including surgical products for rotator cuff tear treatment.
· In 2021, DePuy Synthes announced the launch of Inhance, a fully integrated shoulder arthroplasty system.
· In 2021, Smith & Nephew announced the launch of a knotless suture, Healicoil, used during the arthroscopic treatment of rotator cuff rupture.
Key Players:
Arthrex (US), Stryker Corporation (US), Smith & Nephew (UK), Johnson & Johnson (DePuy Synthes) (US), Zimmer Biomet (US), CONMED Corporation (US), Integra LifeSciences Corporation (US), LimaCorporate (Italy), FH ORTHOPEDICS S.A.S. (France), Evolutis India Pvt Ltd. (India), DJO Global (US), 3S Ortho (France), Breg, Inc. (US), GPC Medical Ltd. (India), and Parcus Medical (US).
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