Orthopedic Biomaterials Market
Rise in percentage of population requiring orthopedic implants; increase in incidence rate of injuries related to accidents, sports, and adventure.
WILMINGTON, DELAWARE, UNITED STATES, October 13, 2023 /EINPresswire.com/ — Orthopedic Biomaterials Market has shown significant growth in recent years, with a worth of US$ 11.3 billion. This market is expected to continue its upward trajectory and reach a value of US$ 21.3 billion by the end of 2027. The orthopedic biomaterials market is projected to grow at a compound annual growth rate (CAGR) of 7% during the forecast period.
Orthopedic biomaterials are synthetic or natural materials used in the field of orthopedics to replace or repair damaged bones, joints, and tissues. These biomaterials play a crucial role in enhancing the healing process and improving the overall quality of life for patients suffering from orthopedic conditions.
The increasing prevalence of orthopedic disorders, such as osteoarthritis, osteoporosis, and musculoskeletal injuries, is a key factor driving the demand for orthopedic biomaterials. Additionally, the rising geriatric population, coupled with the growing adoption of minimally invasive surgical procedures, is expected to fuel market growth.
𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗮 𝗖𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗣𝗿𝗲𝗺𝗶𝘂𝗺 𝗥𝗲𝗽𝗼𝗿𝘁 @
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𝗞𝗲𝘆 𝗙𝗮𝗰𝘁𝗼𝗿𝘀 𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝗠𝗮𝗿𝗸𝗲𝘁 𝗚𝗿𝗼𝘄𝘁𝗵:
Aging Population: The global population is aging rapidly, leading to a higher incidence of orthopedic disorders such as osteoarthritis and osteoporosis. This demographic shift has created a significant demand for orthopedic biomaterials, as they are essential in joint replacements and other orthopedic surgeries.
Technological Advancements: The continuous advancements in biomaterial technologies have revolutionized the field of orthopedics. The development of biodegradable materials, bioactive coatings, and 3D printing techniques has significantly improved the performance and longevity of orthopedic implants.
Minimally Invasive Surgeries: There is a growing preference for minimally invasive surgical procedures due to their numerous benefits, including reduced post-operative pain, shorter hospital stays, and faster recovery times. Orthopedic biomaterials play a vital role in these procedures, as they enable the use of smaller incisions and promote tissue regeneration.
𝗢𝗿𝘁𝗵𝗼𝗽𝗲𝗱𝗶𝗰 𝗕𝗶𝗼𝗺𝗮𝘁𝗲𝗿𝗶𝗮𝗹𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 – 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻
Material
Glass-ceramic & Bioactive Glasses
Calcium Phosphate Cements
Polymers
Composites
Application
Joint Replacements
Spine Implants
Orthobiologics
Bio-resorbable Tissue Fixation
End User
Hospitals
Orthopedic Clinics
Others
𝗞𝗲𝘆 𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗻𝗴 𝗶𝗻 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗼𝗿𝘁𝗵𝗼𝗽𝗲𝗱𝗶𝗰 𝗯𝗶𝗼𝗺𝗮𝘁𝗲𝗿𝗶𝗮𝗹𝘀 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻𝗰𝗹𝘂𝗱𝗲
Zimmer Biomet Holdings, Inc.
Stryker
DePuy Synthes (Johnson & Johnson)
Smith & Nephew plc
Medtronic
DJO Global, Inc.
Arthrex, Inc.
NuVasive, Inc.
Globus Medical, Inc.
𝗞𝗲𝘆 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗮𝗱𝗱𝗿𝗲𝘀𝘀𝗲𝗱 𝗯𝘆 𝘁𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?
𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞 –
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𝗘𝗺𝗲𝗿𝗴𝗶𝗻𝗴 𝗧𝗿𝗲𝗻𝗱𝘀:
Bioactive Coatings: Bioactive coatings are gaining traction in the orthopedic biomaterials market. These coatings enhance the integration of implants with surrounding tissues, promote bone growth, and reduce the risk of implant-related infections. The development of bioactive coatings has the potential to improve the long-term success rates of orthopedic implants.
3D Printing: The use of 3D printing technology in orthopedics has revolutionized the manufacturing process of orthopedic implants. 3D printing allows for the creation of patient-specific implants with complex geometries, improving the fit and functionality of the implants. This technology also enables the incorporation of biomaterials with varying mechanical properties, enhancing implant performance.
Regenerative Medicine: The field of regenerative medicine holds immense potential for the orthopedic biomaterials market. Stem cell therapies, tissue engineering, and gene therapy are being explored to develop innovative solutions for tissue and bone regeneration. These advancements have the potential to transform the treatment of orthopedic disorders by promoting natural healing processes.
𝗦𝗼𝗺𝗲 𝗕𝗿𝗶𝗲𝗳 𝗧𝗮𝗯𝗹𝗲 𝗼𝗳 𝗖𝗼𝗻𝘁𝗲𝗻𝘁𝘀 𝗼𝗳 𝗥𝗲𝗽𝗼𝗿𝘁
Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
Assumptions and Research Methodology
Executive Summary: Global Orthopedic Biomaterials Market
Market Overview
4.1. Introduction
4.2. Overview
4.3. Market Dynamics
4.4. Global Orthopedic Biomaterials Market Analysis and Forecasts, 2017–2027
𝗧𝗢𝗖 𝗖𝗼𝗻𝘁𝗶𝗻𝘂𝗲𝗱…
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𝗕𝗿𝗼𝘄𝘀𝗲 𝗠𝗼𝗿𝗲 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗯𝘆 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵-
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Nikhil Sawlani
Transparency Market Research Inc.
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