Orthopedic Biomaterials Market, projected to Reach USD 21.3 Billion by 2027 | Transparency Market Research

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.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ฎ ๐๐ผ๐บ๐ฝ๐ฟ๐ฒ๐ต๐ฒ๐ป๐๐ถ๐๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฃ๐ฟ๐ฒ๐บ๐ถ๐๐บ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ @
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๐๐ฒ๐ ๐๐ฎ๐ฐ๐๐ผ๐ฟ๐ ๐๐ฟ๐ถ๐๐ถ๐ป๐ด ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฟ๐ผ๐๐๐ต:
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.
๐ข๐ฟ๐๐ต๐ผ๐ฝ๐ฒ๐ฑ๐ถ๐ฐ ๐๐ถ๐ผ๐บ๐ฎ๐๐ฒ๐ฟ๐ถ๐ฎ๐น๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ โ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป
Material
Glass-ceramic & Bioactive Glasses
Calcium Phosphate Cements
Polymersย ย ย ย ย ย ย ย
Composites
Application
Joint Replacements
Spine Implants
Orthobiologics
Bio-resorbable Tissue Fixation
End User
Hospitals
Orthopedic Clinics
Others
๐๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ผ๐ฝ๐ฒ๐ฟ๐ฎ๐๐ถ๐ป๐ด ๐ถ๐ป ๐๐ต๐ฒ ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐ผ๐ฟ๐๐ต๐ผ๐ฝ๐ฒ๐ฑ๐ถ๐ฐ ๐ฏ๐ถ๐ผ๐บ๐ฎ๐๐ฒ๐ฟ๐ถ๐ฎ๐น๐ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ถ๐ป๐ฐ๐น๐๐ฑ๐ฒ
Zimmer Biomet Holdings, Inc.
Stryker
DePuy Synthes (Johnson & Johnson)
Smith & Nephew plc
Medtronic
DJO Global, Inc.
Arthrex, Inc.
NuVasive, Inc.
Globus Medical, Inc.
๐๐ฒ๐ ๐พ๐๐ฒ๐๐๐ถ๐ผ๐ป๐ ๐ฎ๐ฑ๐ฑ๐ฟ๐ฒ๐๐๐ฒ๐ฑ ๐ฏ๐ ๐๐ต๐ฒ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐
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?
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐ โ
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๐๐บ๐ฒ๐ฟ๐ด๐ถ๐ป๐ด ๐ง๐ฟ๐ฒ๐ป๐ฑ๐:
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.
๐ฆ๐ผ๐บ๐ฒ ๐๐ฟ๐ถ๐ฒ๐ณ ๐ง๐ฎ๐ฏ๐น๐ฒ ๐ผ๐ณ ๐๐ผ๐ป๐๐ฒ๐ป๐๐ ๐ผ๐ณ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐
Preface
ย ย ย 1.1. Market Definition and Scope
ย ย ย 1.2. Market Segmentation
ย ย ย 1.3. Key Research Objectives
ย ย ย 1.4. Research Highlights
Assumptions and Research Methodology
Executive Summary: Global Orthopedic Biomaterials Market
Market Overview
ย ย ย 4.1. Introduction
ย ย ย 4.2. Overview
ย ย ย 4.3. Market Dynamics
ย ย ย 4.4. Global Orthopedic Biomaterials Market Analysis and Forecasts, 2017โ2027
๐ง๐ข๐ ๐๐ผ๐ป๐๐ถ๐ป๐๐ฒ๐ฑโฆ
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๐๐ฟ๐ผ๐๐๐ฒ ๐ ๐ผ๐ฟ๐ฒ ๐ฅ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐ ๐ฏ๐ ๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ฎ๐ฟ๐ฒ๐ป๐ฐ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต-
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Nikhil Sawlani
Transparency Market Research Inc.
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