Orthopedic Biomaterials Market Is Estimated To Rise In The Near Future 2022 - 2030
- saurabh maral
- Jan 11, 2023
- 2 min read
Orthopedic Biomaterials Market Overview:
To a recent research report by Market Research Community, the Orthopedic Biomaterials Market is expected to surpass USD 34.66 Billion by the year 2030, from USD 14.70 Billion in 2021.
Orthopedic biomaterials are materials used in orthopedic surgeries and devices, such as joint replacements, spinal fusion, trauma fixation, and tissue engineering. These materials include metals, ceramics, polymers, and natural materials like bone and cartilage. They are designed to mimic the structural and mechanical properties of natural bone and are used to replace or augment damaged or degenerated bone tissue.
Orthopedic biomaterials are an essential component of many orthopedic surgeries and devices, and a wide variety of materials, including metals, ceramics, polymers, natural materials, and composites are used. The choice of material depends on the specific requirements of the application, such as mechanical properties, biocompatibility, and cost.
The Orthopedic biomaterials Market is projected to grow at a significant pace reaching a CAGR of approximately 10%, over the forecast period of 2022–2030, despite a considerable fall in Product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
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The study is consolidated into major segments and further into sub-segments, such as By Material Type (Polymers, Calcium Phosphate Cement, Ceramics & Bioactive Glasses, Metal, Composites), By Application (Orthobiologics, Viscosupplementation, Orthopedic Implants, Joint Replacement/Reconstruction, Bio-resorbable Tissue Fixation) to forecast the market size by value.
By Material Type
Polymers, Calcium Phosphate Cement, Ceramics & Bioactive Glasses, Metal, Composites
By Application
Orthobiologics, Viscosupplementation, Orthopedic Implants, Joint Replacement/Reconstruction, Bio-resorbable Tissue Fixation
Orthopedic biomaterials Market Size is in great demand, and Asian nations are steadily emerging as a result of government policies that are favorable to this market and growing public understanding of the advantages of these systems. Further, regions such as the Latin America, and Europe Middle East and Africa, are expected to boost the market expansion during the forecast period.
The report includes a regional analysis and country analysis with the latest trends, along with the major key players including Angle plc; Oncimmune; Thermo Fisher Scientific, Inc.; Lucence health Inc.; Freenome holdings, Inc.; Epigenomics AG
By geography
Asia Pacific- (Australia, China, Japan, India, South Korea, ASEAN, Rest of Asia Pacific)
Latin America- (Argentina, Brazil, Chile, Rest of Latin America)
Middle East and Africa- (GCC, Turkey, Israel, Rest of MEA)
North America– (U.S., Canada, Mexico)
Europe- (Italy, Spain, BENELUX, Germany, France, U.K., Russia, Rest of Europe)
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