North America Collateral Ligament Stabilizer System Market

North America CLSS Market Size (2022 to 2027)

The size of the North America Collateral Ligament Stabilizer System market size was around USD 0.51 billion in 2022. It is expected to grow at a CAGR of 6.61% to reach USD 0.70 billion by 2027.

Y-O-Y increase in the incidence of orthopedic diseases such as knee arthritis, especially in the old people population, is fueling the market growth in the region. A growing number of hospitals with the increasing patient population and their importance because of the usability of an extensive range of tools, tests, and orthopedic surgeons. A rising number of market key players surging competition, enhancements in existing products, on-going research and development activities by the market key players, for example, one in two adults in America live with a musculoskeletal condition, causing weakening and damage of collateral ligament stabilizer systems market assisting the growth of the market, in 2019 according to WHO.

The cost involved with the knee surgery and knee replacement hinders market growth during the period. Inadequate reimbursement policies and lack of awareness among the people impede the collateral ligament stabilizer systems market growth in this region.

This market research report on the North America Collateral Ligament Stabilizer System Market has been segmented & 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:

• The United States
• Canada
• Rest of North America

Regional Analysis:

North America of this market is governing the market by retaining its position globally due to the growing number of road accidents. Around 1.25 million people tend to lose their lives due to accidents, nearly 20-50 million are injured, and 3.5 million children who are 14 years and less than 14 are affected by some sports-related injury every year. The US is leading the collateral ligament stabilizer systems market in this region. Favorable reimbursement policies by different governments are fueling the market. An increase in the aging population is one major component of market growth as worsening of ligaments and surge in orthopedic diseases like arthritis. An evaluation of 78.4 million adults 18 years and above is diagnosed with arthritis in the US, mounting the number of collateral injury cases as it affects the stability of knee joint boosting the market growth during the analysis period. Canada is expected to have rapid growth in the market by adopting advanced technologies, the existence of favorable reimbursement policies made by the government, and increasing awareness among the patients.

Some of the major manufacturers of the North America CLSS market profiled in this report are DJO Global LLC, DePuy Synthes, Ossur, DeRoyal Industries, Bauerfeind, Seabourne Group, Arthrex, and Deroyal.