The Global Orthopedic Biomaterials Market Report by The Business Research Company covers orthopedic biomaterials market drivers and restraints, orthopedic biomaterials market size, major players, and the impact of COVID-19 on the orthopedic biomaterials market.
The orthopedic biomaterials manufacturing market consists of sales of orthopedic biomaterials by entities (organizations, sole traders, and partnerships) that manufacture orthopedic biomaterials that interact with human tissue and body fluids to treat, improve, or replace anatomical elements of the human body. Orthopedic biomaterials are natural or synthetic materials intended to be inserted in the human body, into a living tissue as a part of a medical procedure, usually along with a device. These orthopedic biomaterials may be biodegradable or non-biodegradable, and are used to support, enhance, or replace damaged tissue or a biological function without affecting the normal functions of the body.
The global orthopedic biomaterials market is expected to grow from $11.42 billion in 2020 to $22.60 billion in 2025 at a rate of 14.6%. The growth is mainly due to the growing number of chronic illnesses which is expected to drive the demand for orthopedic biomaterials. The global orthopedic biomaterials market is expected to grow from $22.60 billion in 2025 to $36.67 billion in 2030 at a compound annual growth rate of 10.2%.
Increase in prevalence of conditions such as obesity and arthritis is expected to drive the demand for orthopedic biomaterials in the forecast period.
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Some orthopedic biomaterials market trends include increasing adoption of 3D printing technology to customize implants according to a patient’s problem thus driving the demand for novel biomaterials and increasingly investment in developing in new products in orthopedic implants.
Global orthopedic biomaterials market segments include:
1) By Material Type: Ceramics & Bioactive Glasses, Calcium Phosphate Cements, Polymers, Metal, Composites
2) By Application: Joint Replacement/Reconstruction, Bio-Resorbable Tissue Fixation, Other Orthopedic Implants, Other Orthopedic Biomaterials
3) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Orthopedic Biomaterials Global Market Report 2021: COVID-19 Growth and Change is one of a series of new reports from The Business Research Company that provides orthopedic biomaterials market overviews, analyzes and forecasts market size, share, orthopedic biomaterials market players, orthopedic biomaterials market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The orthopedic biomaterials identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Orthopedic Biomaterials Global Market Report 2021: COVID-19 Growth and Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Zimmer Biomet Holdings Inc., Stryker Corporation, Johnson & Johnson, Smith & Nephew plc, Globus Medical, Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Orthopedic Biomaterials Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Orthopedic Biomaterials Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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