Global soft tissue repair market to grow by $3.29b through 2028

Its growth is attributed to the increasing number of orthopaedic procedures.

The global soft tissue repair market is projected to rise by $3.29b until 2028 at an estimated compound annual growth rate of over 4.2%, said Technavio.

The sector’s expansion is attributed to a surge in orthopaedic procedures amidst an increasing incidence of accidental injuries.

Obesity, along with an ageing population and individuals suffering from chronic diseases such as cancer, cystic fibrosis, and hepatitis, are factors driving the increasing demand for soft tissue repair.

Furthermore, the market is witnessing a rise in demand for gene therapy, with approximately 65% of clinical trials focusing on cancer treatment.

“Researchers are exploring gene therapy's potential for wound healing by manipulating the tissue growth factor-beta (TGF-beta), which induces cell proliferation and aids in healing,” the report said.