Europe Collateral Ligament Stabilizer System Market

Europe CLSS Market Size (2022 to 2027)

The size of the Europe Collateral Ligament Stabilizer System market was around USD 0.45 billion in 2022. It is expected to grow at a CAGR of 7.10% to reach USD 0.63 billion by 2027.

Stabilizer for the collateral ligaments Increased traffic accidents, sports injuries, involvement in sports such as football, baseball, and others, and demand for knee braces and pain treatment, are likely to drive market growth in the European region.

Collateral ligament stabilizer systems are in great demand as more individuals suffer from orthopedic problems like arthritis of the knee and low calcium levels in the knee bone. Furthermore, according to the World Health Organization, over 10.5 million individuals are wounded or handicapped in traffic accidents each year. Because of its high senior population, Europe is expected to be the primary market. In addition, musculoskeletal issues, such as carpal tunnel syndrome, are more common in certain places. As a result, patients are becoming more aware of the advantages of employing a collateral ligament stabilizer device, which will aid in the market's growth.

In addition, an increase in the number of sports-related injuries is predicted to drive market development. The most frequent sports injuries are muscle sprains and strains, ligament tears, trauma, dislocated joints, and fractured bones.

The sector is expected to develop due to a rise in the number of sports-related injuries. Muscle sprains and strains, ligament tears, and trauma are common among other sports-related injuries. In addition, the increase in the number of traffic accidents due to the increased number of cars on the road also benefits the market.

However, the collateral ligament stabilizer system's progress is estimated to be hampered by the high expenses connected with its use. High expenses connected with knee surgery and knee replacement are also a stumbling block to the market's demand. In addition, the coronavirus triggered a lockdown, and sportspeople were compelled to stay at home, lowering ligament injuries and delaying the market's growth. The ability to provide high-quality healthcare to injured individuals is the industry's major problem. Furthermore, the rising population and quantity of ligament injuries have created a supply and demand mismatch in facilities, driving up the expense of these treatments. Lowering the cost of ligament stabilizers is also a big problem in this sector.

This research report on the European collateral ligament stabilizer system market has been segmented and sub-segmented into the following categories.

By Ligament Type:

• Medial Collateral Ligament (MCL) 
• Lateral Collateral Ligament (LCL)   

By Injury Type:

• Grade 1 Injury    
• Grade 2 Injury    
• Grade 3 Injury    

By End Use:

• Hospitals  
• Orthopedic Clinics

By Country:

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

Due to its enormous aging population, Europe is likely to be one of the world's most significant marketplaces. The growing elderly population primarily drives the worldwide collateral ligament stabilizer system market. According to global statistics, the aged population will grow throughout the projection period, leading to an increase in arthritis and joint problems, which would drive the market even more. Furthermore, musculoskeletal diseases such as carpal tunnel syndrome are more common in this area.

Europe is expected to develop steadily, owing to an increase in ligament injuries and an improvement in the region's healthcare service quality.

The United Kingdom is expected to dominate this area during the forecast period. High-end demand for collateral ligament stabilizer systems is likely to accelerate during the forecast period, owing to concerns about the incidence of chronic illnesses among the older population. Key market companies are projected to maintain their R&D efforts to manufacture novel products throughout the forecast period, fuelling the market growth.

Following the United Kingdom, Germany is predicted to hold Europe's most significant market share. Increased technical breakthroughs and the presence of favorable government reimbursement policies will give the collateral ligament stabilizer systems market further prospects.

KEY MARKET PLAYERS:

Some of the major manufacturers of the Europe CLSS market include DJO Global LLC, DePuy Synthes, Ossur, DeRoyal Industries, Bauerfeind, Seabourne Group, Arthrex, and Deroyal.