Market Size of Ligament Stabilizer Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Ligament Stabilizer Market Analysis
The ligament is a tough fibrous band of connective tissue that helps to support the internal organs and hold bones together in proper articulation at the joints. Ligaments are of two major types in which white ligaments are sturdy and inelastic and yellow ligaments are rich in elastic fibers which allows elastic movement.
Severe injuries may lead to ligament tear, for such cases ligament stabilizers are recommended for use. According to the Stanford Children's Health Report, approximately 3.5 million people with sports injuries were reported each year. According to the National Safety Council (NSC), in the year 2017, personal exercise with or without exercise equipment, accounted for approximately 526,000 injuries, basketball with about 500,000 injuries, bicycling with 457,000 injuries and football with 341,000 injuries. Rising incidences of musculoskeletal injuries and disorders among the geriatric population, rheumatoid arthritis and joint disorders, and sports injuries are the key driving factors in the ligament stabilizer market.
