Anterior Cruciate Ligament Repair Market Size

ACL Reconstruction Market size was over USD 7.33 billion in 2023 and is anticipated to reach USD 13.99 billion by the end of 2036, witnessing around 5.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of ACL reconstruction is assessed at USD 7.63 billion.

Cruciate ligaments, also called cruciform ligaments, are present in the anterior of the knee. During the ACL reconstruction surgery, a surgical tissue graft is used to replace the injured cruciate muscles. The growth of the ACL reconstruction market can be attributed to the increasing prevalence of orthopedic injuries, especially sports-related injuries. Moreover, growing prevalence of bone-related diseases, such as osteoporosis, is estimated to boost the market growth. As the participation in sports in increasing, the incidences of sports injury are also surging across the globe. For instance, a report by the American Academy of Pediatrics suggested that in the U.S., more than 3.5 million children under the age of 14 years get sport injuries annually. Furthermore, the growing awareness amongst the people regarding non-invasive surgeries is also anticipated to boost the market growth. Along with this, the increasing healthcare expenditure worldwide, is expected to boost the market growth. As per the statistics by the World Bank, 9.856% of the global GDP was spent for healthcare in 2018.