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At 16.80% CAGR, Global Artificial Tendons and Ligaments Market Size to Hit USD 56.61 Million by 2028 | Artificial Tendons and Ligaments Industry Trends, Share, Price, Demand, Analysis & Forecast Report by Facts & Factors

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DUBLIN, Ireland, Jan. 12, 2023 (GLOBE NEWSWIRE) — Facts and Factors has published a new research report titled “Artificial Tendons and Ligaments Market Size, Share, Growth Analysis Report By Application (Knee Injuries, Shoulder Injuries, Foot & Ankle Injuries, Spine Injuries, Hip Injuries, Others), By End User (Hospitals, Specialty Clinics, Ambulatory Surgery Centers, Others), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its research database.

The report analyses the Artificial Tendons and Ligaments market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Artificial Tendons and Ligaments market.

Artificial Tendons and Ligaments Market Overview:

An area of connective tissue called a ligament binds two bones together. The ligament, a fibrous band of connective fibers, keeps the bones together at the joints and supports the internal organs. The two primary forms of the ligament are the white ligament, which is abundant in collagenous fibers, and the yellow ligament, which is abundant in elastic fibers.

An artificial tendon, a strengthening material, is used to replace a damaged tendon. Bio-compatible substances including PET (polyethylene terephthalate), polypropylene, and polyacrylonitrile are used to create artificial tendons (sodium styrene sulfonate). A team of researchers from the University of Utah’s biomedical department has developed a method to 3D print human tissue, including tendons and ligaments.

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(A free sample of this report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the Following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
  • About 211+ Pages Research Report
  • Provide detailed chapter-by-chapter guidance on Request
  • Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, Revenue Analysis, SWOT Analysis, Historical and Forecast Growth, Porter’s 5 Forces Analysis
  • Facts and Factors research methodology

Key Insights from Primary Research

  • As per the analysis, the Artificial Tendons and Ligaments market is likely to grow above a CAGR of around 16.80% between 2022 and 2028.
  • The Artificial Tendons and Ligaments market size was worth around US$ 19.09 Million in 2021 and is estimated to hit approximately US$ 56.61 Million by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • Based on application segmentation, knee injuries were predicted to show maximum market share in the year 2021
  • Based on end user segmentation, hospital and clinics had the leading revenue-generating applications in 2021.
  • On the basis of region, North America was the leading revenue generator in 2021.

Industry Growth Dynamics

A few of the factors driving the growth of the global artificial tendons and ligaments market include increasing sports injury rates, expanding government programs to raise public awareness of artificial tendons & ligaments, and increasing R&D spending on artificial tendons & ligaments. The global market for artificial tendons and ligaments will expand as a result of the aging population’s challenges with tendon and ligament degradation and the rising demand for minimally invasive procedures. The key barriers to the expansion of the global artificial tendons and ligaments market are healthcare professionals’ resistance to using artificial tendons and ligaments, the high cost of therapy, and poor reimbursement policies.

The primary element influencing the market is the rise in sports injuries. The majority of injuries sustained when participating in sports are the result of accidents, poor technique, insufficient warm-up & stretching, and a lack of conditioning. Among the most frequent sports injuries among athletes are tennis elbow, ankle sprains, groyne pulls, hamstring strains, and ACL tears.

Furthermore, a sizeable percentage of people are unaware of the safety precautions that are applicable to sports, which can result in a range of minor to severe injuries. Approximately 165,000 sports-related injuries were treated in A&E departments in England in 2016, according to Accident & Emergency (A&E) data made public by the U.K. Parliament.

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Competitive Players

The report contains qualitative and quantitative research on the global artificial tendons and ligaments market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market’s main competitors, as well as information on their competitiveness.

The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company’s global presence, competitors, service offers, and standards.

Some of the main players in the global artificial tendons and ligaments market include;

  • Mathys AG Bettlach
  • FX Solutions
  • LARS
  • Cousin Biotech
  • Orthomed S.A.S
  • Shanghai PINE&POWER Biotech

Browse the full “Artificial Tendons and Ligaments Market Size, Share, Growth Analysis Report By Application (Knee Injuries, Shoulder Injuries, Foot & Ankle Injuries, Spine Injuries, Hip Injuries, Others), By End User (Hospitals, Specialty Clinics, Ambulatory Surgery Centers, Others), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” Report at https://www.fnfresearch.com/artificial-tendons-and-ligaments-market

Artificial Tendons and Ligaments Market: Segmentation Analysis

The global artificial tendons and ligaments market is segmented based on application, end user, and region.

Based on application, the market is segmented into knee injuries, shoulder injuries, foot & ankle injuries, spine injuries, hip injuries, and others. Due to a variety of factors, including an increase in sports participation, an increase in the frequency of knee injuries, discomfort at the harvest site as a result of conventional surgical treatment methods using autografts and allografts, and the advantages of artificial tendons and ligaments over autografts and allografts, the knee injuries segment dominated the global artificial tendons and ligaments market.

The other uses category includes conditions such as hip dislocation, elbow injuries, and spinal injuries. The segment is anticipated to expand rapidly as a result of the rise in entire femoral tumor removals and prosthetic replacement surgeries, both of which have high success rates. Among the significant products in this area are Cousin Biotech’s NAJA and IntraSpine, LARS, and InternalBrace.

By end user, the market is divided into hospitals, specialty clinics, ambulatory surgery centers, and others. Due to a high risk of postoperative problems and high patient turnover, the hospitals segment led the global artificial tendons and ligaments market. Supportive infrastructure, which assists in efficient operations, will also encourage the adoption of these grafts in hospitals and clinics’ end-user facilities.

Regional Dominance:

During the anticipated period, Europe will drive the global artificial tendons and ligaments market growth. The growth of the medical device industry, the low out-of-pocket costs for medical devices, increased government initiatives to promote sports, an increase in conferences, symposiums, and workshops in the UK showcasing the newest sports technologies, an increase in sports-related injuries and knee replacements, and agreements between universities, organizations, and institutions have all contributed to the Europe region currently holding a dominant share of the global market.

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Recent Industry Developments:

  • In June 2018, a team of Swiss researchers developed a microplate system for printing engineered muscle and tendon tissue. This system may help as a therapeutic application to treat a variety of muscle disorders.
  • In January 2018, a team of scientists from the University of Colorado Boulder engineered a humanlike artificial muscle that is cheap, flexible and strong.

Key questions answered in this report:

  • What is the market size and growth rate forecast for Artificial Tendons and Ligaments industry?
  • What are the main driving factors propelling the Artificial Tendons and Ligaments Market forward?
  • What are the leading companies in the Artificial Tendons and Ligaments Industry?
  • What segments does the Artificial Tendons and Ligaments Market cover?
  • How can I receive a free copy of the Artificial Tendons and Ligaments Market sample report and company profiles?

Report Scope:

Report Attribute Details
Market Size in 2021 USD 19.09 Million
Projected Market Size in 2028 USD 56.61 Million
CAGR Growth Rate 16.80% CAGR
Base Year 2021
Forecast Years 2022-2028
Key Market Players Mathys AG Bettlach, FX Solutions, LARS, Cousin Biotech, Orthomed S.A.S, Shanghai PINE&POWER Biotech, and others.
Key Segment By Application, End User, and Region
Major Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
Purchase Options Request customized purchase options to meet your research needs.

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The global Artificial Tendons and Ligaments market is segmented as follows:

By Application

  • Knee Injuries
  • Shoulder Injuries
  • Foot & Ankle Injuries
  • Spine Injuries
  • Hip Injuries
  • Others

By End User

  • Hospitals
  • Specialty Clinics
  • Ambulatory Surgery Centers
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
    • Rest of Southeast Asia
  • The Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

To know an additional revised 2023 list of market players, request a sample report: https://www.fnfresearch.com/sample/artificial-tendons-and-ligaments-market

Key Offerings:

  • Market Size, Trends, & Forecast by Revenue | 2022−2028
  • Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
  • Market Segmentation – A detailed analysis by Application, End User, and Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Browse Other Related Research Reports from Facts & Factors

About Facts & Factors:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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Artificial Intelligence

Confluence former executive joins fintech Premialab

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James Carrington, a former executive at Confluence, Investment Metrics, Style Analytics has joined fintech Premialab. He brings extensive client engagement expertise in investment analytics and data for the institutional investment community.
LONDON, Feb. 27, 2024 /PRNewswire/ — Premialab, the financial data and analytics firm, announced today the appointment of James Carrington as Head of Client Engagement. Mr. Carrington, based in London, will spearhead global client engagement, leveraging over 10 years of experience in driving client engagement gained at Investment Metrics, Style Analytics, and most recently at Confluence, part of the Clearlake Capital Group portfolio. His primary focus will be on enabling faster tailor-made investment analytics delivery and data integration for Premialab’s pension funds, foundations, endowments, and insurance clients.

Adrien Geliot, Co-Founder & Chief Executive Officer of Premialab, said, “I am delighted to welcome James to the team. His appointment confirms our commitment to delivering first-class service to our customers across global locations. His experience in maximizing the value derived from investment analytics will be invaluable in serving our clients as we continue scaling our activities worldwide.”
Commenting on his appointment, James Carrington said, “I am delighted to have joined the Premialab team. Their innovative solution makes a real difference to institutional investors looking at quant investments. The evolution of Premialab over the last number of years has been something that I have followed closely, and I am looking forward to working with the team to further support our customer base across our established and emerging demographics.”
The announcement follows recent senior appointments at Premialab, including Philippe Jacson, former BNP Paribas, Merrill Lynch and MSCI executive; Daniel Fields, former Global Head of Markets at Societe Generale; John Macpherson, former Managing Director at Goldman Sachs, Citibank, and Nomura; Marc Fisher, former Managing Director at Citibank with a prior position at Deutsche Bank; and Georgios Sittas, former Managing Director at HSBC, Standard Chartered, and previously a director at Lehman Brothers.
Recognized as the reference for data and risk analytics on quantitative strategies, Premialab’s capital markets infrastructure is currently used by leading asset managers, insurance companies and pensions funds, accelerating their digitalization and enhancing performance and risk control while reducing costs. The platform’s client AUM is representing an estimated USD$10 trillion.
About Premialab
Premialab is an independent platform providing data, analytics and risk solutions on systematic and factor-based strategies in collaboration with leading investment banks and institutional investors globally. Combining intelligent technology with a unique source of information the platform empowers asset allocators to make better investment decisions whilst achieving utmost time and cost efficiency.
With offices in London, Paris, New York, Hong Kong, Sydney, and Dubai, its international team is dedicated to supporting a global client base with the most up-to-date risk premia dataset, advanced portfolio construction, performance and risk analytics. The firm has established strong partnerships with the top 18 investments banks, global asset managers, pensions funds and insurance companies.

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Axon Technologies and Keyrus Announce Strategic Partnership to Elevate Cybersecurity Business

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Keyrus Acquires Minority Stake in Axon Technologies, adding Axon’s Cybersecurity Portfolio to Keyrus Solutions, and Expanding Keyrus Reach across Middle East and Africa
PARIS and DUBAI, UAE, Feb. 27, 2024 /PRNewswire/ — In a significant development in the cybersecurity sector, Keyrus, an international leader in data intelligence and digital transformation, has announced the acquisition of a minority stake in Axon Technologies, a premier provider of cybersecurity services based in Dubai, UAE. This strategic investment marks a major milestone in Keyrus’ cybersecurity strategy, signalling an ambitious step towards establishing a global cybersecurity powerhouse.

Strategic Expansion and Enhanced Cybersecurity Solutions
The collaboration between Keyrus and Axon Technologies is set to revolutionize the cybersecurity landscape in the Middle East and Africa, particularly with Keyrus’ entry into the lucrative Saudi Arabian market. This move enables Keyrus to pursue its investment in a newly formed cybersecurity business, offering enhanced data security solutions to both existing and new clients.
Eric Cohen, Founder and CEO of Keyrus, expressed his enthusiasm: “This investment in Axon Technologies marks a significant step in our cybersecurity strategy. We’re embarking on an exciting journey to amplify our cybersecurity capabilities and establish a world-class global player in this domain. Axon Technologies’ innovative approach to consulting and managed services aligns perfectly with our vision and culture. We eagerly anticipate integrating Axon into our ecosystem to bolster our cybersecurity solutions and address the digital security challenges of our clients.”
Hadi Hosn, CEO of Axon Technologies, also shared his thoughts: “This partnership marks a new era for Axon Technologies, propelling us further in our mission to protect organizations from cyber threats. We admire the Keyrus vision and believe that our combined strengths will lead to disruptive data and cybersecurity solutions, addressing critical challenges in digital identity, application security, API, and data security across various environments and industries.”
Hadi Darwiche, Chairman of DIV Capital & Co-founder of Axon Technologies: “It’s gratifying to see Axon Technologies grow from a concept into a key player in the cybersecurity field. With Keyrus joining forces with us, we anticipate a period of sustained growth, leveraging our combined experience and established reputations. We are confident that together, Axon Technologies will continue to extend its market presence and deliver top-tier solutions.”
Comprehensive Cybersecurity Portfolio and Global Reach
In a relatively short period, Axon Technologies, founded in 2020, has emerged as a beacon of excellence and innovation in the cybersecurity field, demonstrating remarkable growth and agility in its operations. With a revenue of $3.2 million USD in 2023 and a projected substantial increase of the activities, it represents a testament to its robust business model, exceptional service delivery, and the trust clients place in Axon Technologies. The team made of 30 dedicated professionals is its most valuable asset. Axon Technologies commits to growing its team, fostering a culture of innovation, collaboration, and continuous learning.
Axon Technologies, renowned for its expertise in cybersecurity, will now be able to leverage Keyrus global presence and capabilities. With headquarters in Dubai and a significant footprint in the Middle East, Europe and Africa, Axon Technologies is well-positioned to monitor threats and support client cybersecurity programs across these regions effectively. With the backing of Keyrus’s global network, Axon Technologies is poised for unprecedented growth and are dedicated to setting new standards in the cybersecurity landscape.
The partnership is also expected to enhance the offerings of both companies. Axon Technologies’ expertise in Data Security, Cloud Security, DevSecOps and Managed Security Services aligns seamlessly with the Keyrus strategic objectives in digital, data, AI and cloud transformation initiatives.
About Axon Technologies
Axon Technologies offers comprehensive cybersecurity services including consulting, managed security services, engineering, and testing. The company is a leader in addressing critical infrastructure customers’ cybersecurity needs, from strategic consulting to hands-on management and technical security engineering support and managed security services, ensuring a robust and comprehensive approach to cybersecurity. The company’s service portfolio includes:
Technical Security Consulting & Advisory: Guidance and expertise for technical cybersecurity programs.Advanced Security Testing: Rigorous cybersecurity testing across the environment to identify and address vulnerabilities.Security Engineering & Architecture: Designing and implementing robust security architectures across on-premises and cloud environments.Managed Security Services: Ongoing management and support of cybersecurity operations. About Keyrus
Keyrus, an international player in the consulting and technology sectors and a specialist in data and digital technology, is dedicated to helping enterprises take advantage of the data and digital paradigm to enhance their performance, facilitate and accelerate their transformation, and generate new drivers of growth and competitiveness.
Placing innovation at the heart of its strategy, Keyrus develops a value proposition that is unique in the market and centred around five major service groups, each comprised of multiple solutions:
Automation and Artificial IntelligenceHuman-Centric Digital ExperienceData and Analytics enablementCloud and SecurityBusiness transformation and InnovationBuilding on the combined expertise of more than 3,500 employees active across 27 countries and 4 continents, Keyrus is one of the leading international experts in data, consulting and technology.
Keyrus is listed on Euronext Growth Paris. (ALKEY – ISIN Code: FR0004029411 – Reuters: KEYR.PA – Bloomberg: ALKEY: FP).
About DIV Capital
DIV Capital, originally starting as a family office, now operating as a strategic investment holding firm, specializing in bespoke advisory services. The firm focuses on fortifying family capital through comprehensive offerings that encompass support for early-stage enterprises, strategic asset allocation, and robust governance infrastructure development. The firm operates out of Geneva and Dubai and provides three core services:
Family Asset Support: Tailored support to construct an asset allocation that meets wealth goals.Family Financial Sponsorship: Reinforcement for family-operated businesses, aimed at fostering enduring value creation.Governance and Reporting: Consultation on governance frameworks and the enhancement of reporting standards for comprehensive asset oversight.Forward Looking Statements
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Axon Technologies, Keyrus or DIV Capital do not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will the companies and the affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
Contact: [email protected]
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NDC Group and Valantic form a strategic partnership in EPM solutions

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PRAGUE, Feb. 27, 2024 /PRNewswire/ — NDC Group, a leading company in enterprise performance management (EPM) consultancy and data analytics is pleased to announce a strategic partnership with valantic, renowned digital solutions, consulting, and tech innovation company. Through this partnership, the companies aim to offer a joint portfolio of solutions and services in SAP planning and analytics.

Central to this collaboration is the delivery of NDC Financial Consolidation, which offers an automated and streamlined approach to legal and managerial consolidation. While the solution draws inspiration from the concept and functions of previously popular SAP consolidation solutions, it utilizes the modern technologies to enhance automation, performance, user experience, and seamless data integration.
The partnership also gives the chance to offer additional products, including SAC workforce planning content, SAP BusinessObjects migration accelerators, and pre-built content for SAC financial planning. Overall, the combined expertise and product offering enhance the ability of both companies to support customers in driving data-driven transformations within their organizations.
Stefan Blinkmann, Head of SAP Analytics at valantic, emphasizes: “We are very pleased about our new partnership, and we are convinced that our customers will benefit greatly from it. Above all, the NDC Group’s products create added value in the area of consolidation based on SAP Analytics Cloud, and they expand valantic’s range of services. An integrated solution for reporting, planning, and consolidation in SAP Analytics Cloud provides multiple benefits for our customers and enables them to streamline their system landscape.”
Karel Jirik, Head of Products at NDC Group, is also convinced of the benefits of this collaboration: “Our partnership with valantic is an excellent opportunity to leverage the synergies between our teams to streamline and transform our customers’ data landscape. The jointly offered EPM solutions enable precise and swift decision-making and enhance operational efficiency, crucial elements in today’s competitive landscape. I’m particularly pleased we found a lot of commonalities with valantic, and I am convinced together we can deliver better solutions in a shorter time.”
Vladislav Stefanak, CEO of NDC Group, reflects on the partnership’s potential: “This partnership embodies my vision of equipping our clients with advanced functionalities reminiscent of those found in SAP BPC and SAP Financial Consolidation, yet significantly enhanced by leveraging top-tier SAP technologies. Our collaboration with valantic commenced with remarkable synergy from the outset, underpinned by their extensive expertise and knowledge base.”
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