Global Bio-implants Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

“Global Bio-implants Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global bio-implants market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bio-implants market report has been segmented on the basis of product type, material, and region.

Introduction:

Bio implants are biosynthetic materials used in medical applications to fix fractures, to replace a bone or to support the healing process of a damaged bone. The primary function of implant material is to offer stability to bone fractures, and assist in the biological aspects of bone healing by minimizing micro-motion at the bone-implant interface. The metals used in bio-implant are generally titanium and its alloys, that are widely used as surgical implants because of their good corrosion resistance, high specific strength and biocompatibility.

Market Dynamics:

Key factors expected to drive growth of the global bio-implants market is increasing incidence disease conditions such as cardiovascular, orthopedic and spinal disorders. In addition, increasing number of operating room procedure, increasing healthcare expenditure, growing geriatric population, increasing sports-related injuries, growing medical facilities, growing prevalence of chronic disease are among some other factors expected to drive growth of the global bio-implants market. Furthermore, technological advancement in surgical products, increasing rate of accident, are some other factors expected to drive revenue growth of the target market over the forecast period. However, string regulatory rule may hamper growth of the global bio-implants market to a certain extend.

Trends:

Major players are focusing on mergers and acquisitions, rising number of collaborations and partnerships with other player, in order to develop new novel products. For instance, in 2016, Stryker Corporation acquired Stanmore Implants Worldwide Ltd., which is a UK-based company manufacturing reconstructive orthopedic devices for oncology patients. This acquisition focus on developing differentiated technologies designed to in order to offer solutions for orthopedic oncology surgeons as well as expands replacement business and presence in the global market.

Regional Analysis:

The market in North America is expected to dominate the global bio-implants market. This is primarily attribute to rising number of cases of chronic diseases, growing geriatric population, high healthcare expenditure, developed medical facilities in countries in the region. In contrast, the market in Asia Pacific is expected to be an emerging market for the global bio-implants market, and is expected to register highest CAGR in during the forecasted period, owing to developing healthcare infrastructure and rising healthcare expenditure in the region. In addition, rising population and growth in countries of developing countries, such as India and China, is expected to drive the bio-implants market in Asia Pacific region. Moreover, the markets in Europe, Latin America and Middle East & Africa are expected to register moderate growth revenue in the global bio-implant market over the forecast period.

GLOBAL BIO-IMPLANTS MARKET SEGMENTATION:

Segmentation by product type:

• Cardiovascular bio-implants
  • Stents
  • Pacing devices
  • Others
• Dental and Prosthetic bio-implants
• Orthopedic/joint reconstruction and replacement bio-implants
  • Orthobiologics
  • Trauma Implants
  • Sport Medicines
• Spinal bio-implants
  • Thoracolumber implants
  • Interverteberal spacers
  • Machined Allograft Spacers
  • Motion Preservation implants
  • Implantable spinal stimulators
• Ophthalmology bio-implants
  • Glaucoma Implants
  • Intraocular Implants
• Other bio-implants (includes allograft bio-implants, etc.)

Segmentation by materials:

• Ceramics
• Biomaterial
• Alloys
• Polymers

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa