Sports or recreational activities always involve the risk of injuries. Athletes may suffer from ligament, tendon, or soft tissue detachment. Also, it may happen during the game or during the training sessions. These injuries are very painful and need highly intensive care. Since, tendons and ligaments are necessary for the smooth movement of the body joints, they need a very strong support to maintain their position during the time of healing. This is one of the major reasons behind the increasing demand for suture anchors. Due to this growing demand for suture anchors, the global market is thus on course to achieve stellar growth in the near future.
Get Sample Copy of this Report @
There are several key players operating in the global suture anchors market. The leading players in the market are focusing on entering into strategic joint ventures in order to maintain their market position. In addition to this, mergers and acquisitions are also among the top strategies deployed by the leading companies in the suture anchors market. These strategies are becoming common due to the entry of several promising new players in the suture anchors market. As the competition in the market intensifies, it is projected that more such mergers and acquisitions will take place.
Some of the notable developments in the global suture anchors market are given below:
- In October 2018, Zimmer Biomet entered into a strategic partnership with the tech giant Apple Inc. The objective of the partnership was to launch a major clinical research study on patients who have undergone two of the most common surgeries in the US – knee replacement and hip replacement surgeries.
In November 2018, K2M Group Holdings was successfully acquired by Stryker Corporation. This takeover allowed Stryker to gain access to the flagship technologies for orthopedic surgeries of K2M. It also included tendon and ligament surgeries. This has helped Stryker Corporation to bolster its product portfolio in the suture anchors market.
Read Comprehensive Overview of Report @