#Bioimplants Market Analysis
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Bioimplants Market Set to Witness Explosive Growth by 2027: C.R.Bard, Inc. ,Abbott, Boston Scientific Corporation
Market Highlights:
Bioimplants are essential in medical procedures which are conducted to recover the functionality of damaged bio structure. Bioimplants are made up of biosynthetic materials such as ceramics, polymers, and alloy and compatible for human body. The increasing spinal cord injuries, technological advancements, rising occurrences of lifestyle disorders, and growing geriatric population are the major factors driving the growth of the global bioimplants market. Additionally, increasing R&D spending and aggressive strategies adopted by the top players, such as mergers and acquisitions, are contributing to the growth of the market. For instance, in December 2017, Smith & Nephew acquired Rotation Medical Inc. for USD 125 million to expand its portfolio in bioimplants and to get access to the rotator cuff system of Rotation Medical.
The high costs associated with bioimplants, rising cost of bioimplant surgeries, unfavorable reimbursement policies and dearth of technicians may hamper market growth during the assessment period.
Regional Analysis:
The market in the Americas is expected to dominate the global bioimplants market during the forecast period owing to the growing geriatric population, increasing prevalence of chronic diseases, technological advancements in healthcare and rising occurrences of injuries related to spinal cord. The European market is expected to be the second-largest due to government funding and support of the healthcare sector, increasing cardiovascular and orthopedic disorders in the region. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to the rising geriatric population, increasing prevalence of chronic disorders, and rising investment in healthcare sector by market players. The market in the Middle East & Africa is likely to account for the smallest share of the global bioimplants market.
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Segmentation:
The global bioimplants market has been segmented based on type, material, origin and end-user.
The market on the basis of type has been classified as cardiovascular implant, dental implants, spinal bio-implants, orthopedic implants, ophthalmic implants and others. The cardiovascular implant segment has been further divided into stents, pacing devices and others. Dental implants are classified into plate form dental implant and root form dental implants. The spinal bioimplants segment has been further divided into form dental implant, intervertebral spacers, cervical implants, and motion preservation implants. Orthopedic Implants are divided into orthobiologics, trauma implants, joint replacement implants, and knee replacement implants. The ophthalmic implants segmented has been classified into glaucoma implants, and intraocular implants.
On the basis of material, the market has been divided into biomaterial metals, ceramics, alloys, and others. biomaterial metals are separated into titanium, gold, silver, and platinum.
The market, by origin, has been segmented into autograft, allograft, xenograft, and synthetic.
On basis of end-user, the market has been divided into hospitals, clinics, specialty centers, and others.
Key Players:
Some of the key players in the global bioimplants market are C.R.Bard, Inc. ,Abbott, Boston Scientific Corporation, DENTSPLY Sirona, Invibio Ltd., Integra Life Sciences, Johnson & Johnson Services, Inc., Medtronic, Smith & Nephew plc, Stryker, Wright Medical Group N.V., Cook Group, and Zimmer Biomet.
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#Bioimplants Market#Bioimplants Market size#Bioimplants Market share#Bioimplants Market trend#Bioimplants Market analysis
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Bioimplants Market Growth Powered with Latest Development Scenario and Influencing Trends 2017-2023
A Comprehensive research study conducted by KD Market Research on Bioimplants Market Opportunity Analysis and Industry forecast. report offers extensive and highly detailed historical, current and future market trends in Bioimplants Market . Bioimplants Market report includes market size, growth drivers, barriers, opportunities, trends and other information which helps to find new opportunities in this market for the growth of the business through new technologies and developments.
Bioimplant are medical devices or tissues that are surgically transplanted inside the body. These implants are used to replace or support any damaged body organs to enhance function of any body organ or to detect errors in normal body functioning. These can be either placed permanently or temporarily in human body and can be removed when they are no longer needed. Some of the implants are made up of bone, tissue, skin, ceramics, metals, plastics, and other materials.
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The global bioimplant market was evaluated at $77,738 million in 2016, and is estimated to reach $124,154 million by 2023, with a CAGR of 6.9% during the forecast period. The growth in the bioimplant market is primarily attributed to the rise in prevalence of chronic diseases coupled with the rapidly aging population. Moreover, increased awareness and technological advancements in bioimplant further support the growth of the market. However, high implantation cost and lack of expertise are some of the factors that restrain the growth of the bioimplant market.
The global bioimplant market is segmented based on product type, material, and region. Based on product type, the market is categorized into cardiovascular implant, dental implant, orthopedic implant, spinal implant, ophthalmic implant, and others. By material type, it is divided into metallic biomaterial, ceramic biomaterial, polymer biomaterial, and natural biomaterials. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
-This report provides an extensive analysis of the current and emerging trends and dynamics in the global bioimplants market to identify the prevailing opportunities.
-It presents a competitive landscape of the global market to predict the competitive environment across geographies.
-Comprehensive analysis of factors that drive and restrict the market growth is provided.
-Region- and country-wise analyses are provided to understand the market trends and dynamics.
KEY MARKET SEGMENTS
By Type
-Cardiovascular bioimplant -Stent -Coronary stent -Drug-eluting stent (DES) -Bare-metal coronary stent -Bioabsorbable stent -Peripheral stent -Iliac -Femoral-popliteal -Renal -Carotid -Stent-related bioimplant -Synthetic graft -Vena Cava filter -Pacing device -Cardiac resynchronization therapy device (CRTs) -Implantable cardioverter defibrillator (ICDs) -Implantable cardiac pacemaker (ICPs) -Structural Cardiac Implant -Mechanical heart valve -Implantable ventricular-assist device -Dental bioimplant -Plate form dental implant -Root form dental implant -Orthopedic bioimplant -Reconstructive joint replacement -Knee replacement implant -Hip replacement implant -Extremities -Orthobiologics -Trauma & craniomaxillofacial -Spinal bioimplant -Spinal fusion implant -Spinal bone stimulator -Vertebral compression fracture (VCF) device -Motion preservation devices/non-fusion device -Spine biologics -Ophthalmology bioimplant -Glaucoma implant -Intraocular implant -Others
By material
-Metallic biomaterial -Ceramic biomaterial -Polymers biomaterial -Natural biomaterial
By Region
-North America -U.S. -Canada -Mexico -Europe -Germany -France -UK -Italy -Spain -Rest of Europe -Asia-Pacific -Japan -China -India -Australia -Rest of Asia-Pacific -LAMEA -Brazil -Saudi Arabia -South Africa -Rest of LAMEA
The key players profiled in this report are as follows:
-Abbott Laboratories (St. Jude Medical, Inc.) -Boston Scientific Corporation -Dentsply Sirona Inc. -Johnson & Johnson (Ethicon, Inc.) -Medtronic plc -Smith & Nephew plc -Stryker Corporation -Victrex Plc. (Invibio Ltd.) -Wright Medical Group N.V. -Zimmer Biomet Holdings Inc.
The other players in the value chain include (*These players have not been profiled in the report, but can be included on request.):
-GC Aesthetics plc -Allergan Inc. -Sientra Inc. -Danaher Corporation -3M Company -Polytech Health & Aesthetics GmbH -B. Braun Melsungen AG -Elixir Medical Corporation -Microport Scientific Corporation -STENTYS S.A. -Terumo Corporation
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Table of Content
CHAPTER 1: INTRODUCTION
1.1. Report description 1.2. Key benefits for stakeholders 1.3. Key market segments 1.4. Research methodology
1.4.1. Secondary research 1.4.2. Primary research 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study 2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope 3.2. Key findings
3.2.1. Top winning strategies 3.2.2. Top investment pockets
3.3. Top player positioning, 2016 3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Growth in elderly population and rise in prevalence of chronic diseases 3.4.1.2. Technological advancements in the field of bioimplant 3.4.1.3. Global rise in acceptance of bioimplant 3.4.1.4. Better insurance and reimbursement 3.4.1.5. Increase in government focus on funding R&D initiatives
3.4.2. Restraints
3.4.2.1. High cost of treatment associated with bioimplant 3.4.2.2. Stringent approval process
3.4.3. Opportunities
3.4.3.1. Huge market opportunities in the APAC region and developing countries 3.4.3.2. Increase in development of minimally invasive and non-surgical procedures 3.4.3.3. Rise in awareness amongst patients and increasing preference for a better quality of life
3.4.4. Impact analysis
CHAPTER 4: BIOIMPLANT MARKET BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Cardiovascular implant
4.2.1. Key market trends, growth factors and opportunities 4.2.2. Market size and forecast, by type 4.2.3. Stent
4.2.3.1. Market size and forecast 4.2.3.2. Coronary stent
4.2.3.2.1. Market size and forecast 4.2.3.2.2. Drug-eluting stent
4.2.3.2.2.1. Market size and forecast
4.2.3.2.3. Bare-metal coronary stent
4.2.3.2.3.1. Market size and forecast
4.2.3.2.4. Bioabsorbable stent
4.2.3.2.4.1. Market size and forecast
4.2.3.3. Peripheral stent
4.2.3.3.1. Market size and forecast 4.2.3.3.2. Iliac stent
4.2.3.3.2.1. Market size and forecast
4.2.3.3.3. Femoral-popliteal stent
4.2.3.3.3.1. Market size and forecast
4.2.3.3.4. Renal stent
4.2.3.3.4.1. Market size and forecast
4.2.3.3.5. Carotid stent
4.2.3.3.5.1. Market size and forecast
4.2.3.4. Stent-related implant
4.2.3.4.1. Market size and forecast 4.2.3.4.2. Synthetic graft
4.2.3.4.2.1. Market size and forecast
4.2.3.4.3. Vena cava filter
4.2.3.4.3.1. Market size and forecast
4.2.4. Pacing device
4.2.4.1. Market size and forecast 4.2.4.2. Cardiac resynchronisation therapy (CRT)
4.2.4.2.1. Market size and forecast
4.2.4.3. Implantable cardioverter defibrillators (ICDs)
4.2.4.3.1. Market size and forecast
4.2.4.4. Implantable cardiac pacemaker (ICP)
4.2.4.4.1. Market size and forecast
4.2.5. Structural cardiac implant
4.2.5.1. Market size and forecast 4.2.5.2. Mechanical heart valve
4.2.5.2.1. Market size and forecast
4.2.5.3. Implantable ventricular-assist device (VAD)
4.2.5.3.1. Market size and forecast
4.2.6. Market size and forecast, by region 4.2.7. Market analysis, by country
4.3. Dental and prosthetic implant
4.3.1. Key market trends, growth factors and opportunities 4.3.2. Market size and forecast, by type
4.3.2.1. Plate form dental implants
4.3.2.1.1. Market size and forecast
4.3.2.2. Root form dental implants
4.3.2.2.1. Market size and forecast
4.3.3. Market size and forecast, by region 4.3.4. Market analysis, by country
4.4. Orthopedic implant
4.4.1. Key market trends, growth factors and opportunities 4.4.2. Market size and forecast, by type
4.4.2.1. Reconstructive joint replacements
4.4.2.1.1. Market size and forecast 4.4.2.1.2. Knee replacement implants
4.4.2.1.2.1. Market size and forecast
4.4.2.1.3. Hip replacement implants
4.4.2.1.3.1. Market size and forecast
4.4.2.1.4. Extremities
4.4.2.1.4.1. Market size and forecast
4.4.2.2. Orthobiologics
4.4.2.2.1. Market size and forecast
4.4.2.3. Trauma & craniomaxillofacial
4.4.2.3.1. Market size and forecast
4.4.3. Market size and forecast, by region 4.4.4. Market analysis, by country
4.5. Ophthalmic implants
4.5.1. Key market trends, growth factors and opportunities 4.5.2. Market size and forecast, by type
4.5.2.1. Intraocular lens
4.5.2.1.1. Market size and forecast
4.5.2.2. Glaucoma implant
4.5.2.2.1. Market size and forecast
4.5.3. Market size and forecast, by region 4.5.4. Market analysis, by country
4.6. Spinal implants
4.6.1. Key market trends, growth factors and opportunities 4.6.2. Market size and forecast, by type
4.6.2.1. Spinal fusion devices
4.6.2.1.1. Market size and forecast
4.6.2.2. Motion preservation device
4.6.2.2.1. Market size and forecast
4.6.2.3. Vertebral compression fracture (VCF) devices
4.6.2.3.1. Market size and forecast
4.6.2.4. Spinal bone stimulators
4.6.2.4.1. Market size and forecast
4.6.2.5. Spine biologics
4.6.2.5.1. Market size and forecast
4.6.3. Market size and forecast, by region 4.6.4. Market analysis, by country
4.7. Other implants
4.7.1. Key market trends, growth factors and opportunities 4.7.2. Market size and forecast, by region 4.7.3. Market analysis, by country
CHAPTER 5: BIOIMPLANT MARKET, BY MATERIAL
5.1. Overview
5.1.1. Market size and forecast
5.2. Metallic Biomaterials
5.2.1. Market size and forecast, by region 5.2.2. Market analysis, by country
5.3. Ceramic Biomaterial
5.3.1. Market size and forecast, by region 5.3.2. Market analysis, by country
5.4. Polymer Biomaterial
5.4.1. Market size and forecast, by region 5.4.2. Market analysis, by country
5.5. Natural Biomaterials
5.5.1. Market size and forecast, by region 5.5.2. Market analysis, by country
CHAPTER 6: BIOIMPLANT MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast
6.2. North America
6.2.1. Key market trends, growth factors, and opportunities 6.2.2. North America market size and forecast, by country
6.2.2.1. U.S. bioimplant market size and forecast
6.2.2.1.1. U.S. bioimplant market size and forecast, by product 6.2.2.1.2. U.S. bioimplant market size and forecast, by material
6.2.2.2. Canada bioimplant market size and forecast
6.2.2.2.1. Canada bioimplant market size and forecast, by product 6.2.2.2.2. Canada bioimplant market size and forecast, by material
6.2.2.3. Mexico bioimplant market size and forecast
6.2.2.3.1. Mexico bioimplant market size and forecast, by product 6.2.2.3.2. Mexico bioimplant market size and forecast, by material
6.2.3. North America market size and forecast, by product 6.2.4. North America market size and forecast, by material
6.3. Europe
6.3.1. Key market trends, growth factors, and opportunities 6.3.2. Europe market size and forecast, by country
6.3.2.1. Germany bioimplant market size and forecast
6.3.2.1.1. Germany bioimplant market size and forecast, by product 6.3.2.1.2. Germany bioimplant market size and forecast, by material
6.3.2.2. France bioimplant market size and forecast
6.3.2.2.1. France bioimplant market size and forecast, by product 6.3.2.2.2. France bioimplant market size and forecast, by material
6.3.2.3. UK bioimplant market size and forecast
6.3.2.3.1. UK bioimplant market size and forecast, by product 6.3.2.3.2. UK bioimplant market size and forecast, by material
6.3.2.4. Italy bioimplant market size and forecast
6.3.2.4.1. Italy bioimplant market size and forecast, by product 6.3.2.4.2. Italy bioimplant market size and forecast, by material
6.3.2.5. Spain bioimplant market size and forecast
6.3.2.5.1. Spain bioimplant market size and forecast, by product 6.3.2.5.2. Spain bioimplant market size and forecast, by material
6.3.2.6. Rest of Europe bioimplant market size and forecast
6.3.2.6.1. Rest of Europe bioimplant market size and forecast, by product 6.3.2.6.2. Rest of Europe bioimplant market size and forecast, by material
6.3.3. Europe market size and forecast, by product 6.3.4. Europe market size and forecast, by material
6.4. Asia-Pacific
6.4.1. Key market trends, growth factors, and opportunities 6.4.2. Asia-Pacific market size and forecast, by country
6.4.2.1. Japan bioimplant market size and forecast
6.4.2.1.1. Japan bioimplant market size and forecast, by product 6.4.2.1.2. Japan bioimplant market size and forecast, by material
6.4.2.2. China bioimplant market size and forecast
6.4.2.2.1. China bioimplant market size and forecast, by product 6.4.2.2.2. China bioimplant market size and forecast, by material
6.4.2.3. India bioimplant market size and forecast
6.4.2.3.1. India bioimplant market size and forecast, by product 6.4.2.3.2. India bioimplant market size and forecast, by material
6.4.2.4. Australia bioimplant market size and forecast
6.4.2.4.1. Australia bioimplant market size and forecast, by product 6.4.2.4.2. Australia bioimplant market size and forecast, by material
6.4.2.5. Rest of Asia-Pacific bioimplant market size and forecast
6.4.2.5.1. Rest of Asia-Pacific bioimplant market size and forecast, by product 6.4.2.5.2. Rest of Asia-Pacific bioimplant market size and forecast, by material
6.4.3. Asia-Pacific market size and forecast, by product 6.4.4. Asia-Pacific market size and forecast, by material
6.5. LAMEA
6.5.1. Key market trends, growth factors, and opportunities 6.5.2. LAMEA market size and forecast, by country
6.5.2.1. Brazil bioimplant market size and forecast
6.5.2.1.1. Brazil bioimplant market size and forecast, by product 6.5.2.1.2. Brazil bioimplant market size and forecast, by material
6.5.2.2. South Africa bioimplant market size and forecast
6.5.2.2.1. South Africa bioimplant market size and forecast, by product 6.5.2.2.2. South Africa bioimplant market size and forecast, by material
6.5.2.3. Saudi Arabia bioimplant market size and forecast
6.5.2.3.1. Saudi Arabia bioimplant market size and forecast, by product 6.5.2.3.2. Saudi Arabia bioimplant market size and forecast, by material
6.5.2.4. Rest of LAMEA bioimplant market size and forecast
6.5.2.4.1. Rest of LAMEA bioimplant market size and forecast, by product 6.5.2.4.2. Rest of LAMEA bioimplant market size and forecast, by material
6.5.3. LAMEA market size and forecast, by product 6.5.4. LAMEA market size and forecast, by material
CHAPTER 7: COMPANY PROFILES
7.1. Abbott Laboratories (St. Jude Medical, Inc.)
7.1.1. Company overview 7.1.2. Company snapshot 7.1.3. Operating business segments 7.1.4. Product portfolio 7.1.5. Business performance 7.1.6. Key strategic moves and developments
7.2. Boston Scientific Corporation
7.2.1. Company overview 7.2.2. Company snapshot 7.2.3. Operating business segments 7.2.4. Product portfolio 7.2.5. Business performance 7.2.6. Key strategic moves and developments
7.3. Dentsply Sirona Inc.
7.3.1. Company overview 7.3.2. Company snapshot 7.3.3. Operating business segments 7.3.4. Product portfolio 7.3.5. Business performance 7.3.6. Key strategic moves and developments
7.4. Johnson & Johnson (Ethicon, Inc.)
7.4.1. Company overview 7.4.2. Company snapshot 7.4.3. Operating business segments 7.4.4. Product portfolio 7.4.5. Business performance 7.4.6. Key strategic moves and developments
7.5. Medtronic plc
7.5.1. Company overview 7.5.2. Company snapshot 7.5.3. Operating business segments 7.5.4. Product portfolio 7.5.5. Business performance 7.5.6. Key strategic moves and developments
7.6. Smith & Nephew plc
7.6.1. Company overview 7.6.2. Company snapshot 7.6.3. Operating business segments 7.6.4. Product portfolio 7.6.5. Business performance
7.7. Stryker Corporation
7.7.1. Company overview 7.7.2. Company snapshot 7.7.3. Operating business segments 7.7.4. Product portfolio 7.7.5. Business performance 7.7.6. Key strategic moves and developments
7.8. Victrex Plc. (Invibio Ltd.)
7.8.1. Company overview 7.8.2. Company snapshot 7.8.3. Operating business segments 7.8.4. Product portfolio 7.8.5. Business performance 7.8.6. Key strategic moves and developments
7.9. Wright Medical Group N.V.
7.9.1. Company overview 7.9.2. Company snapshot 7.9.3. Operating business segments 7.9.4. Product portfolio 7.9.5. Business performance
7.10. Zimmer Biomet Holdings Inc.
7.10.1. Company overview 7.10.2. Company snapshot 7.10.3. Operating business segments 7.10.4. Product portfolio 7.10.5. Business performance 7.10.6. Key strategic moves and developments
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Global Bioimplants Market Report
Global Bioimplants Market: Overview
Bioimplants refers to those medical gadgets or tissues that are made by making use of the process of bio-engineering. Bioimplants find extensive application in orthopedic therapeutic, dental, and cardiovascular applications. Bioimplants are also utilized for the replacement and organ transplant procedures, which improve the functionality or restore normalcy of affected body organs. These implants can be either permanent or temporary in nature.
Transparency Market Research has shed light on all the aspects of global Bioimplants in its report on the same market. Market drivers, restraints, trends, key players, and forecasts are detailed. Efforts have been given to explore every possible opportunity available in the said market. The information that shared in this study is sure to assist businesses that are operating the market to thrive.
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Global Bioimplants Market: Notable Developments
Many new innovative ideas and initiatives are coming up to help the global bioimplants market flourish in the forthcoming years.
The Government of Kazakhstan has expressed interest in entering into collaboration with MIDHANI, India-based public undertaking, to make bio-implants on a commercial scale, which would be advantageous for patients. Midhani is the main supplier of specialty materials for the nuclear, space, and defense sectors. Midhani has produced a wide range of bioimplants from special grade stainless steel and titanium alloys. Those products have been certified by the Drug Controller of India.
Boston Scientific Corporation, St. Jude Medical, Inc., Stryker Corporation, Synthes Holding AG, and Smith & Nephew, are a few of the noted players operating in the global bioimplants market and have been profiled in this study.
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Global Bioimplants Market: Key Trends:
The global bioimplants market is likely to exhibit the following market trends, restraints and opportunities:
Technological Advancement and Awareness to Escalate Market Demand
Increasing awareness about minimally invasive treatments, progress in bioengineering technologies, and expanding base of aging population are the factors that are triggering the growth of global bioimplants market. For example, a large chunk of the elderly population requires dental implants for restorative care thereby fuelling the need for dental bioimplants. Besides, various lifestyle-related chronic diseases such as rheumatoid arthritis, cardiovascular diseases, and metabolic disorders have skyrocketed the requirement for bioimplants globally.
On the down side, insufficient reimbursement policy, shortage of skilled healthcare professionals, and high cost of bio-implants in emerging economies such as China and India are expected to impede the growth of global bioimplants market over the forecast timeframe.
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Nonetheless, relentless technological progress in the production of bioimplants sector such as laser technology, nanotechnology, and 3D printing have substantially augmented the biocompatibility of such implants. Besides, increased government investment in the healthcare sector is likely to give impetus to the market.
Global Bioimplants Market: Geographical Analysis :
In terms of geography, global Bioimplants market is segregated into the regions of North America, Europe, Asia-Pacific and Rest of the World. North America is currently dominating the global bio-implants market. North America is trailed by Europe and Asia-Pacific.
Asia-Pacific is likely to experience promising growth over the timeframe of forecast, 2019 - 2027. The growth of this region is mainly due to considerable spending in healthcare, influx of foreign investments, and increased government investment. Additionally, accessibility to better healthcare and increasing number of diagnostic centers with high-end diagnostic imaging technologies in such developing countries are projected to bolster growth of bioimplants market in the region.
This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.
The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.
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Global Bio-implants market detailed study By Applications, Products, End Users, Regions, Major Deals, Trends, Key Players Analysis, Recent Developments
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Bio implants Market size, Business Prospect, Industry Demand, Regional Trend and by Forecast to 2027
Bioimplants or bio-implants are devices which are easily compatible with living tissues or organs within the body. The aging population and pressure to develop biocompatible implants with a long shelflife has brought evaluation of efficient and performance under question. The global bioimplants market report by Market Research Future (MRFR) covers developments of biomaterials, progress in manufacturing processes, and its scope for the period.
Market Scope:
The global bioimplants market Size can register 8.6% CAGR during the forecast period. It was valued at USD 98,350 million in 2017. Primary factors fueling market growth are bone degeneration cases among the elderly, prevalence of lifestyle diseases such as diabetes, infections, and others, and minimally invasive surgeries. Rise in research and development activities and developments such as 3D printing, laser technology, and nanotechnology can support market growth. Complex geometrical shapes of bones and tailored requirements by patients designed for rehabilitation and plastic surgeries can bode well for the market.
But unfavorable reimbursement policies, high prices of implants, and lack of skilled personnel in handling surgeries can hamper the growth of the global bioimplants market.
Market Regional Analysis:
Geographically, the global bioimplants market is segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas are deemed to dominate the global market owing to prevalence of chronic disorders such as diabetes and obesity, incidence of chronic diseases, a large geriatric pool, and increasing number of surgeries. According to the Centers for Disease Control & Prevention (CDC), nearly 93 million Americans suffered from obesity. Large number of hip and knee replacement surgeries is evidence of the large potential of the market.
Europe is the second-largest region of the market due to rise in research and development activities, occurrence of orthopedic disorders, and ample funding for the healthcare sector. The large number of cardiovascular disorder cases is giving prime impetus to the regional bioimplants market growth. According to the European Heart Network, more than 85 million patients were diagnosed with some form of cardiovascular disease in Europe in 2015.
APAC can display an exemplary growth rate during the forecast period owing to rising investments in healthcare, rise of disposable income levels, and a large geriatric population. According to the United Nations ESCAP, the population of patients aged 60 and above can reach 1.3 billion by 2050. Alarming number of road accidents are likely to spur the demand for bioimplants. This is supported by a report by Tokyo’s Keio University stating the number of patients with spinal cord injuries to reach 100,000 in 2019.
The MEA can register the lowest growth of the global bioimplants market due to lack of proper healthcare infrastructure, paucity of technical knowledge, and an underdeveloped healthcare sector.
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Market Segmentation:
The global bioimplants market has been segmented on the basis of type, material, origin and end-user.
The market on the basis of type has been classified as cardiovascular implant, dental implants, spinal bio-implants, orthopedic implants, ophthalmic implants and others. The cardiovascular implant segment has been further divided into stents, pacing devices and others. Dental implants are classified into plate form dental implant and root form dental implants. The spinal bioimplants segment has been further divided into form dental implant, intervertebral spacers, cervical implants, and motion preservation implants. Orthopedic Implants are divided into Orth biologics, trauma implants, joint replacement implants, and knee replacement implants. The ophthalmic implants segmented has been classified into glaucoma implants, and intraocular implants.
On the basis of material, the market has been divided into biomaterial metals, ceramics, alloys, and others. biomaterial metals are separated into titanium, gold, silver and platinum.
The market, by origin, has been segmented into autograft, allograft, xenograft, and synthetic.
On basis of end-user, the market has been divided into hospitals, clinics, specialty centers, and others.
Key Players:
Some of the key players in the global bioimplants market are C.R.Bard, Inc. ,Abbott,Boston Scientific Corporation,Dentsply Sirona,Invibio Ltd.,Integra LifeSciences,Johnson & Johnson Services, Inc.,Medtronic,Smith & Nephew plc,Stryker,Wright Medical Group N.V.,Cook Group, and Zimmer Biomet.
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Market Analysis And Regional Analysis Of Bioimplants Market
Bioimplants:
Bioimplants are medical devices or tissues that have been created through the bioengineering process. Bioimplants have a wide range of uses in orthopedics, dentistry, and cardiovascular medicine. In addition, replacement and organ transplant operations that increase the functionality or restore normalcy of afflicted body organs also include bioimplants. These implants may be permanent or temporary.
Market Growth:
The global Bioimplants Market is anticipated to reach $115.8 billion by 2020, growing at a CAGR of 10.3 percent from 2014 to 2020. Bio-implants have emerged as a viable treatment option for various ailments, including cardiovascular, dental, orthopedic, ophthalmic, neurological, and other conditions.
The worldwide bio-implants market is divided into two categories: product types and geographic regions. The market is divided into cardiovascular, dental, prosthetic implants, orthopedic/joint reconstruction and replacement, spinal, ophthalmology, and other product kinds.
The Bioimplants Market is being driven by a high prevalence of medical conditions that may be addressed with bio-implants, such as cardiovascular, orthopedic, and spinal disorders. According to the American College of Surgeons, vehicle accidents are responsible for 29 percent of trauma injuries, and the global rate of road accidents and deaths is increasing to roughly 2.2 percent. The market can effectively cure such people who have suffered traumatic injuries. The market's growth is fueled by the factor above and a slew of other similar causes in cardiovascular, spinal, and ophthalmic ailments.
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Bio-implants Market - Size, Share, Outlook, and Opportunity Analysis, 2020- 2027
An implant is a medical device, which replaces, supports, and improves damaged or existing biological structure. An implant is a man-made device, which is inserted into the human body cavity. Bio-implants are medical devices that are made from biological cells compatible with human body cells. Eye bio-implants are used in the treatment of cornea sores or chemical damages in the eye. Bio-implants help in management of disease condition and specific drug delivery in conditions such as obesity, infections, and musculoskeletal disorders. It provides a specific and unique drug delivery for skeletal muscle. Various bio-implants are developed by key market players operating in the marketwhich include cardiovascular implants, dental, spinal, and orthopedic implants. Cardiac implants are used in cardiac related surgeries.
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The global bio-implants market was valued at US$ 73,947.4 million in 2019 and is expected to exhibit a CAGR of 5.7% over the forecast period (2019-2027).
Increasing prevalence of chronic diseases such as cardiovascular diseases (CVD) and arthritis is expected to increase the demand for bio-implants, which in turn is expected to fuel the bio-implants market growth over the forecast period. For instance, according to the World Health Organization (WHO) 2017 statistics, cardiovascular diseases accounted for around 17.9 million deaths in 2016. Moreover, according to the Centers for Disease Control and Prevention (CDC), in May 2019, around 54.4 million of U.S. adults were diagnosed with arthritis.
Manufacturers and researchers are focused on developing the advanced systems for treating medication resistant epilepsy patients using a deep brain stimulation implant similar to a cardiac pacemaker. For instance, in February 2019, Medtronic launched Deep Brain Stimulation (DBS) implant for reducing epileptic seizures. DBS provides an important surgical treatment option for patients, who suffer from epilepsy and do not respond to medication.
Moreover, key players operating in the market are focusing on strategic investment in order to develop and commercialize new products and expand its market presence. For instance, in February 2019, GT Medical Technologies raised US$ 10 million funding to help support commercialization of its GammaTile Therapy, a bioresorbable implant designed to deliver local doses of radiation to patients with brain tumors.
North America is expected to hold the dominant position in the global bio-implant market. The major factors driving growth of the market include increasing prevalence of chronic diseases and presence of better healthcare infrastructure in the region. For instance, according to the American Chiropractic Association, 2017, about 65 million U.S. population suffer from lower back problems every year, and around 8 out of every 10 Americans are expected to suffer from the back pain at some point in their life. Additionally, there is increase in number of ophthalmic diseases in the U.S. Rising incidence of chronic diseases is expected to increase demand for the bio-implants. Thus, owing to these factors the North America market is expected to witness significant growth over the forecast period.
Moreover, in September 2017, DePuy Synthes launched TRUMATCH Titanium 3D-Printed Implants in the U.S. This is used in facial reconstruction. The new products were distributed through an exclusive agreement with Materialise, a leader in software solutions and 3D-printing services in the medical and industrial markets.
Asia Pacific market is expected to be the fastest-growing market over the forecast period, owing to high incidence of spinal cord injuries in the region. This can be attributed to increasing incidence of road accidents. For instance, according to the Tokyo’s Keio University’s February 2019 publication, over 100,000 patients in Japan were paralyzed due to spinal cord injuries.
Major players operating in the global bio-implants market include Abbott, Dentsply Sirona Plc, Medtronic, Stryker Corporation, Zimmer Biomet, B.Braun, Cook Medical, C.R. Bard, Edwards Lifesciences, Wright Medical technology, and Boston Scientific Corporation.
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Bioimplants Market Scope 2020- Demand, Analysis, Global Industry Forecast to 2023
Bioimplants or bio-implants are devices which are easily compatible with living tissues or organs within the body. The aging population and pressure to develop biocompatible implants with a long shelflife has brought evaluation of efficient and performance under question. The global bioimplants market report by Market Research Future (MRFR) covers developments of biomaterials, progress in manufacturing processes, and its scope for the period of 2018 to 2023 (forecast period).
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Bioimplants Market Scope
The global bioimplants market can register 8.6% CAGR during the forecast period. It was valued at USD 98,350 million in 2017. Primary factors fueling market growth are bone degeneration cases among the elderly, prevalence of lifestyle diseases such as diabetes, infections, and others, and minimally invasive surgeries. Rise in research and development activities and developments such as 3D printing, laser technology, and nanotechnology can support market growth. Complex geometrical shapes of bones and tailored requirements by patients designed for rehabilitation and plastic surgeries can bode well for the market.
But unfavorable reimbursement policies, high prices of implants, and lack of skilled personnel in handling surgeries can hamper the growth of the global bioimplants market.
Segmentation
The global bioimplants market is segmented by type, material, origin and end-user.
By type, the market is segmented into ophthalmic implants, cardiovascular implant, orthopedic implants, dental implants, spinal bio-implants, and others. The cardiovascular implant segment comprises pacing devices, stents, and others. Dental implants are classified into plate form dental implants and root form dental implants. While, the spinal bioimplants segment is further segmented into motion preservation implants, form dental implant, intervertebral spacers, and cervical implants. Orthopedic Implants are divided into trauma implants, joint replacement implants, orthobiologics, and knee replacement implants. Lastly, ophthalmic implants are segmented into glaucoma implants and intraocular implants.
Materials within the market encompass alloys, biomaterial metals, ceramics, and others. The biomaterial metals segment comprises silver, titanium, gold, and platinum.
By origin, the market is segmented into xenograft, autograft, allograft, and synthetic.
By end-user, the market is segmented into specialty centers, hospitals, clinics, and others.
Regional Analysis
Geographically, the global bioimplants market is segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East & Africa (MEA).
The Americas are deemed to dominate the global market owing to prevalence of chronic disorders such as diabetes and obesity, incidence of chronic diseases, a large geriatric pool, and increasing number of surgeries. According to the Centers for Disease Control & Prevention (CDC), nearly 93 million Americans suffered from obesity. Large number of hip and knee replacement surgeries is evidence of the large potential of the market.
Europe is the second-largest region of the market due to rise in research and development activities, occurrence of orthopedic disorders, and ample funding for the healthcare sector. The large number of cardiovascular disorder cases is giving prime impetus to the regional bioimplants market growth. According to the European Heart Network, more than 85 million patients were diagnosed with some form of cardiovascular disease in Europe in 2015.
APAC can display an exemplary growth rate during the forecast period owing to rising investments in healthcare, rise of disposable income levels, and a large geriatric population. According to the United Nations ESCAP, the population of patients aged 60 and above can reach 1.3 billion by 2050. Alarming number of road accidents are likely to spur the demand for bioimplants. This is supported by a report by Tokyo’s Keio University stating the number of patients with spinal cord injuries to reach 100,000 in 2019.
The MEA can register the lowest growth of the global bioimplants market due to lack of proper healthcare infrastructure, paucity of technical knowledge, and an underdeveloped healthcare sector.
Bioimplants Market Competitive Outlook
Integra LifeSciences, Stryker, C.R.Bard, Inc., Wright Medical Group N.V., Invibio Ltd., Johnson & Johnson Services, Inc., Abbott, Boston Scientific Corporation, Smith & Nephew plc, Medtronic, Dentsply Sirona, Zimmer Biomet, and Cook Group are major players of the global bioimplants market.
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Titanium Dental Implants Market 2020-2026: Global Size, Share, Emerging Trends, Demand, Revenue and Forecasts Research
The global report on Titanium Dental Implants market presents, through a comprehensive analysis, the newly published research study that provides key industry insights and a competitive advantage for multiple stakeholders. Titanium Dental Implants report shows existing business research, future as well as emerging prospects, sales growth, potential investment, market size, pricing and profitability.
Major Players Covered in this Report are: SIN Implant, Neoden, Neobiotech, Medellin Dental Cluster, DentoFlex Dental Laboratory, Strauman, Dental DAS Group, Bionnovation, Spa Rencer, BioImplants, Bicon, Anthogyr
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The research on the Global Titanium Dental Implants market 2020 offers a basic overview of the industry including concepts, classifications, applications and the structure of the supply chain. The Global Titanium Dental Implants Market Report is given for global markets as well as trends in growth, competitive landscape analysis and the development status of key regions. Titanium Dental Implants industry Development policies and plans will be discussed as well as processes of manufacturing and cost structures will also be analysed. In addition, Titanium Dental Implants report includes import/export usage, supply and demand Statistics, expense, price, revenue and gross margins.
Titanium Dental Implants Market Classification by Types:
Single-stage Titanium Dental Implant
Two-stage Titanium Dental Implant
Titanium Dental Implants Market Size by Application:
Hospital
Dental Clinic
Geographically, the detailed analysis of consumption, revenue, Titanium Dental Implants market share and growth rate, historic and forecast (2015-2026) of the following regions are covered:
North America (United States, Canada, Mexico) Europe (Germany, UK, France, Italy, Spain, Russia, Others) Asia-Pacific (China, Australia, South Korea, Japan, India, Southeast Asia, Others) Middle East and Africa (UAE, Saudi Arabia, Egypt, South Africa, Nigeria, Others) South America (Brazil, Argentina, Columbia, Chile, Others)
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The Global Titanium Dental Implants Market Report establish a range of primary and secondary research techniques to collect both quantitative and qualitative data on global and regional heads. Using different Titanium Dental Implants industry-best analytical techniques, the overwhelming quantity of business data thus obtained is filtered and narrowed down to the Titanium Dental Implants information that matter most to businesses operating in the sector or planning to enter.
The Titanium Dental Implants study projects practicability analysis, SWOT analysis, and various other information about the leading companies operating in the Global Titanium Dental Implants Market provide a detailed systematic account of the competitive environment of the industry with the aid of thorough company profiles. However, Titanium Dental Implants research examines the impact of current market success and future growth prospects for the industry.
In this study, the years considered to estimate the market size of Titanium Dental Implants are as follows:
History Year 2015-2019 Base Year 2020 Estimated Year 2020 Forecast Year 2020-2026
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Bio implants Market Size Outlook: Growing Population, Increased Demand for Healthcare Services and Technological Advancement 2027
Market Highlights:
The Bioimplants Market Size are essential in medical procedures which are conducted to recover the functionality of damaged bio structure. Bioimplants are made up of biosynthetic materials such as ceramics, polymers and alloy and compatible for human body. The increasing spinal cord injuries, technological advancements, rising occurrences of lifestyle disorders, and growing geriatric population are the major factors driving the growth of the global bioimplants market. Additionally, increasing R&D spending and aggressive strategies adopted by the top players, such as mergers and acquisitions, are contributing to the growth of the market. For instance, in December 2017, Smith & Nephew acquired Rotation Medical Inc. for USD 125 million to expand its portfolio in bioimplants and to get access to the rotator cuff system of Rotation Medical.
The high costs associated with bioimplants, rising cost of bioimplant surgeries, unfavorable reimbursement policies and dearth of technicians may hamper market growth during the assessment period.
Market Regional Analysis:
The market in the Americas is expected to dominate the global bioimplants market during the forecast period owing to the growing geriatric population, increasing prevalence of chronic diseases, technological advancements in healthcare and rising occurrences of injuries related to spinal cord. The European market is expected to be the second-largest due to government funding and support of the healthcare sector, increasing cardiovascular and orthopedic disorders in the region. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to the rising geriatric population, increasing prevalence of chronic disorders, and rising investment in healthcare sector by market players. The market in the Middle East & Africa is likely to account for the smallest share of the global bioimplants market.
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Market Segmentation:
The global bioimplants market has been segmented on the basis of type, material, origin and end-user.
The market on the basis of type has been classified as cardiovascular implant, dental implants, spinal bio-implants, orthopedic implants, ophthalmic implants and others. The cardiovascular implant segment has been further divided into stents, pacing devices and others. Dental implants are classified into plate form dental implant and root form dental implants. The spinal bioimplants segment has been further divided into form dental implant, intervertebral spacers, cervical implants, and motion preservation implants. Orthopedic Implants are divided into Orth biologics, trauma implants, joint replacement implants, and knee replacement implants. The ophthalmic implants segmented has been classified into glaucoma implants, and intraocular implants.
On the basis of material, the market has been divided into biomaterial metals, ceramics, alloys, and others. biomaterial metals are separated into titanium, gold, silver and platinum.
The market, by origin, has been segmented into autograft, allograft, xenograft, and synthetic.
On basis of end-user, the market has been divided into hospitals, clinics, specialty centers, and others.
Key Players:
Some of the key players in the global bioimplants market are C.R.Bard, Inc. ,Abbott,Boston Scientific Corporation,Dentsply Sirona,Invibio Ltd.,Integra LifeSciences,Johnson & Johnson Services, Inc.,Medtronic,Smith & Nephew plc,Stryker,Wright Medical Group N.V.,Cook Group, and Zimmer Biomet.
Browse Detailed TOC with COVID-19 Impact Analysis at:
https://www.marketresearchfuture.com/reports/bioimplants-market-6896
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
Email: [email protected]
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