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23 May 2012

European Soft Tissue Solutions Market 'Worth Nearly $320M by 2016'

Millennium Research Group predicts that the soft tissue solutions market will defy downward pricing pressures to enjoy steady growth.

The European soft tissue solutions market will grow to a value of nearly $320 million by 2016, a new report claims.


Downward pricing pressures from struggling economies might be expected to harm the market, but Millennium Research Group (MRG) believes it will be bolstered by the rising number of orthopaedic procedures.


Even though many of these are elective and therefore influenced by economic decisions, MRG pointed out that procedure volumes will be pushed up as a result of ageing and increasingly obese populations with soaring rates of degenerative joint conditions.


The knee cartilage repair segment of the market is expected to be boosted through 2016 thanks to Europe-wide approval for autolo

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