Increasing prevalence of
lifestyle diseases is expected to drive the growth of global bio-implants
market during the forecast period
According
to TechSci Research report, “Global Bio-Implants MarketBy Type (Cardiovascular
Bioimplants, Dental Bioimplants, Orthopedic Bioimplants, Spinal Bioimplants,
and Ophthalmology Bioimplants), By Material (Metallic Biomaterials, Ceramic
Biomaterials, Polymers Biomaterials, Alloys and Natural Biomaterials), By Origin
(Autograft, Allograft, Synthetic, and Others), By End-User (Hospitals, Clinics,
Specialty Centers and Others), By Region, Competition, Forecast &
Opportunities, 2025”, global bio-implants market is expected to witness robust
growth during the forecast period. Rising cases of bone degeneration cases among
geriatric population is one of the major factors accounting for the growth of
global bio-implants market. Moreover, technological advancement in healthcare
sector is expected to bode well for the growth of global bio-implants market
through the forecast period. In addition to this, increased research and
developmental activities is projected to positively influence the growth of
global bio-implants market in the years to come. Also, increasing prevalence of
lifestyle diseases among the population, is further making headway for the
growth of global bio-implants market. However, there are some factors that
might act as major impediments to the growth of global bio-implants market
through 2025 including rising cost of bioimplant surgeries and high price of
bioimplants.
Browse XX market data Tables and XX Figures spread
through XXX Pages and an in-depth TOC on
"Global Bio-Implants Market "
Global
bio-implants market can be segmented based ontype, material, origin, end-user,company, and
region. Considering the end user, the market is fragmented into hospitals,
clinics, specialty centers, and others. The hospitals segment dominated the
global bio-implantsmarket until 2019 and is further anticipated to maintain its
dominance during the forecast period as well which can be attributed to large
patient footfall. Additionally, favorable reimbursement policies for costly
implants, such as pacemakers, in government hospitals is further anticipated to
boost the growth of segment during the forecast period. In terms of origin, the
market can be categorized into autograft, allograft, synthetic, and others. The
allografts segment is expected to register high growth during the next five
years which is attributable to benefits such as lower risk of harvest site
morbidity, reduced postoperative pain, as well as shorter surgical and recovery
time.
Medtronic Plc., St. Jude Medical Inc., Stryker
Corporation, Boston Scientific Corporation, Gore (WL) & Associates
Incorporated, Abbott Laboratories, Braun (B.) Melsungen AG, Zimmer Biomet
Holdings Inc., Orthofix Holdings, Inc., Wright Medical Group N.V., Johnson
& Johnson Services, Inc., Integra Life Sciences, Smith & Nephew Plc, Exactech,
Inc., Cochlear Ltdare among others are the leading players operating in
global bio-implants market. The leading players are adopting several growth
strategies to enhance the market scenario of bio-implants.Other competitive
strategies include new technological developments; new product launches,
extensive research activities, mergers & acquisitions; agreements,
partnerships, and collaborations; and expansionsto diverse their product
portfolio in order to strengthen their market position.
customers can also
request for 10% free customization on this report.
“North Americais forecast to dominate the global bio-implants market until
2025 on account ofgrowing number of surgical procedures needing implants. Furthermore,presence
of key market playersin the region is further anticipated to boost the market
growth for bio-implants over the coming years. Additionally, Asia-Pacific
region is estimated to register high growth in the years to come which can be
attributed to high incidence of spinal cord injuries.”, said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Global Bio-Implants Market By Type (Cardiovascular
Bioimplants, Dental Bioimplants, Orthopedic Bioimplants, Spinal Bioimplants,
and Ophthalmology Bioimplants), By Material (Metallic Biomaterials, Ceramic
Biomaterials, Polymers Biomaterials, Alloys and Natural Biomaterials), By
Origin (Autograft, Allograft, Synthetic, and Others), By End-User (Hospitals,
Clinics, Specialty Centers and Others),By Region, Competition, Forecast &
Opportunities, 2025”
has evaluated the future growth potential of global bio-implants market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in global bio-implants market.
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