Orthopedic biomaterials are synthetic or organic materials. They are used for internal fracture fixation. Orthopedic biomaterials are commonly used in orthopedics, surgical implants, prosthetics, and various medical tools and devices.
The global orthopedic biomaterial market is majorly driven by the increasing older population leading to increase in the patient population, increasing surgeries, the various government supports, and growing awareness among young population towards health.
According to the United Nations, approximately over 962 million people were aged over 60 and above globally in 2017. The United Nations has also estimated that by 2050, the number of older population is likely to reach 425 million. This increasing aging population is likely to boost the growth of the global orthopedic biomaterial market.
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Factors such as rigorous clinical and regulatory processes are likely to hamper the growth of the orthopedic biomaterial market.
Global orthopedic biomaterial market is expected to grow at a CAGR of 10.5% during the forecast period.
Segments
The global orthopedic biomaterials market is segmented on the basis of types of material, application, and end-user.
On the basis of types of material, the market is segmented into metals and non-metals. The metals are further sub-segmented into titanium alloy, stainless steel, cobalt alloy, and others. Non-metals are further sub-segmented into polymeric, natural biomaterials, ceramic, and others. Ceramics are sub-segmented into alumina, zirconium dioxide, calcium phosphate, carbon, and others. Polymeric materials are sub-segmented into polyester, silicone, polyethylene, polymethylmethacrylate (PMMA), and others. Natural biomaterials are sub-segmented into chitin and chitosan, collagen, and others.
On the basis of application, the market is segmented into joint replacement, spine implants, fracture fixation devices, tissue fixation, viscosupplementation, and others. Joint replacement is sub-segmented into shoulder and elbow replacement, hip replacement, knee replacement, and others. Tissue fixation is sub-segmented into suture anchors, interference screws, and others. The fracture fixation devices are sub-segmented into screws, plates for bones, rods, and others.
On the basis of end-user, the market is segmented into hospitals, clinics, and others.
Regional Analysis
The North American orthopedic biomaterial market is a growing market in the Americas region. On a regional basis, the Americas region is segmented into North America and South America. North America is segmented into the U.S. and Canada. The increasing prevalence of different orthopedic surgeries, along with the increasing older population eventually leading to an increase in patient population is likely to drive the market. Additionally, increasing awareness of biodegradable products among the people, growing healthcare expenditure, and the rising demand for technologically advanced treatments and products along with rising the government support are likely to enhance the growth of the orthopedic biomaterial market in North America. For instance, according to the American Joint Replacement Registry, around 1,61,040 joint replacement procedures took place in the U.S. in 2016.
Europe is the second largest market and holds a strong share in the global orthopedic biomaterial market. The European market is expected to grow during the forecast period owing to the availability of innovative treatment facilities and rising research activities in orthopedic biomaterials for nanotechnology. Furthermore, increasing cases in orthopedic surgeries along with the rising population awareness regarding health is driving the growth of the orthopedic biomaterial market.
Asia Pacific is expected to be the fastest growing market. The increasing prevalence of chronic diseases is the major driver of market growth. China is the fastest growing region owing to an increasing population leading to rising patient population. Rising awareness about health and availability of new treatment methods drive the market in this region. Rising healthcare expenditure and the rise in the standard of living are driving the growth of the orthopedic biomaterial market in the Asia Pacific region.
The Middle East and Africa is expected to show the least growth in the market due to some major factors such as lack of awareness, limited access, and availability of treatment facilities. In the Middle East, the United Arab Emirates is the largest market, owing to the rising healthcare expenditure and the overall growth of the healthcare scenario also drives the market.
Key Players
Some of the key players in the orthopedic biomaterial market are CoorsTek Inc., CERADYNE, Straumann, Stryker, Kyocera Corporation, Materion Corporation, 3M ESPE, Nobel Biocare Services AG, Morgan Advanced Materials, and DePuy Synthes.
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Geographically, global Orthopedic Biomaterials market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including• DSM Biomedical• Evonik Industries AG• Stryker• DePuy Synthes• Zimmer Biomet• Invibio• Globus Medical• Exactech• Matexcel• AdvanSource Biomaterials• CAM Bioceramics B.V.• Heraeus HoldingOn the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into• Ceramics & Bioactive Glasses• Polymers• Calcium Phosphate Cements• Metal• CompositesRequest a Free Sample Copy of Orthopedic Biomaterials Market Report @ https://www.radiantinsights.com/research/global-orthopedic-biomaterials-market-analysis/request-sampleFor the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Orthopedic Biomaterials for each application, including• Orthopedic Implants• Joint Replacement/Reconstruction• Orthobiologics• Viscosupplementation• Bio-resorbable Tissue FixationProduction, consumption, revenue, market share and growth rate are the key targets for Orthopedic Biomaterials from 2014 to 2026 (forecast) in these regions• China• USA• Europe• Japan• Korea• India• Southeast Asia• South AmericaTable of Contents1 Report Overview1.1 Definition1.2 Manufacturers and Regions Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.3 Type Overview1.4 Application Overview1.5 Industrial Chain1.5.1 Orthopedic Biomaterials Overall Industrial Chain1.5.2 Upstream1.5.3 Downstream1.5.4 Economic/Political Environment2 Global Orthopedic Biomaterials Market Assesment by Types2.1 Overall Market Performance2.1.1 Product Type Market Performance (Volume)2.1.2 Product Type Market Performance (Value)2.2 China Orthopedic Biomaterials Market Performance2.3 USA Orthopedic Biomaterials Market Performance2.4 Europe Orthopedic Biomaterials Market Performance2.5 Japan Orthopedic Biomaterials Market Performance2.6 Korea Orthopedic Biomaterials Market Performance2.7 India Orthopedic Biomaterials Market Performance2.8 Southeast Asia Orthopedic Biomaterials Market Performance2.9 South America Orthopedic Biomaterials Market PerformanceThe report “Orthopedic Biomaterials Market” is available now at https://www.radiantinsights.com/research/global-orthopedic-biomaterials-market-analysis3 Global Orthopedic Biomaterials Market Assesment by Application3.1 Overall Market Performance (Volume)3.2 China Orthopedic Biomaterials Market Performance (Volume)3.3 USA Orthopedic Biomaterials Market Performance (Volume)3.4 Europe Orthopedic Biomaterials Market Performance (Volume)3.5 Japan Orthopedic Biomaterials Market Performance (Volume)3.6 Korea Orthopedic Biomaterials Market Performance (Volume)3.7 India Orthopedic Biomaterials Market Performance (Volume)3.8 Southeast Asia Orthopedic Biomaterials Market Performance (Volume)3.9 South America Orthopedic Biomaterials Market Performance (Volume)4 Competitive Analysis4.1 DSM Biomedical4.1.1 DSM Biomedical Profiles4.1.2 DSM Biomedical Product Information4.1.3 DSM Biomedical Orthopedic Biomaterials Production, Revenue, Price and Gross Margin4.1.4 DSM Biomedical Orthopedic Biomaterials Business Performance4.1.5 SWOT Analysis4.2 Evonik Industries AG4.2.1 Evonik Industries AG Profiles4.2.2 Evonik Industries AG Product Information4.2.3 Evonik Industries AG Orthopedic Biomaterials Production, Revenue, Price and Gross Margin4.2.4 Evonik Industries AG Orthopedic Biomaterials Business Performance4.2.5 SWOT Analysis4.3 Stryker4.3.1 Stryker Profiles4.3.2 Stryker Product Information4.3.3 Stryker Orthopedic Biomaterials Production, Revenue, Price and Gross Margin4.3.4 Stryker Orthopedic Biomaterials Business Performance4.3.5 SWOT Analysis4.4 DePuy Synthes4.4.1 DePuy Synthes Profiles4.4.2 DePuy Synthes Product Information4.4.3 DePuy Synthes Orthopedic Biomaterials Production, Revenue, Price and Gross Margin4.4.4 DePuy Synthes Orthopedic Biomaterials Business Performance4.4.5 SWOT Analysis4.5 Zimmer Biomet4.5.1 Zimmer Biomet Profiles4.5.2 Zimmer Biomet Product Information4.5.3 Zimmer Biomet Orthopedic Biomaterials Production, Revenue, Price and Gross Margin4.5.4 Zimmer Biomet Orthopedic Biomaterials Business Performance4.5.5 SWOT Analysis4.6 Invibio4.6.1 Invibio Profiles4.6.2 Invibio Product Information4.6.3 Invibio Orthopedic Biomaterials Production, Revenue, Price and Gross Margin4.6.4 Invibio Orthopedic Biomaterials Business Performance4.6.5 SWOT Analysis4.7 Globus Medical4.7.1 Globus Medical Profiles4.7.2 Globus Medical Product Information4.7.3 Globus Medical Orthopedic Biomaterials Production, Revenue, Price and Gross Margin4.7.4 Globus Medical Orthopedic Biomaterials Business Performance4.7.5 SWOT Analysis4.8 Exactech4.8.1 Exactech Profiles4.8.2 Exactech Product Information4.8.3 Exactech Orthopedic Biomaterials Production, Revenue, Price and Gross Margin4.8.4 Exactech Orthopedic Biomaterials Business Performance4.8.5 SWOT Analysis4.9 Matexcel4.9.1 Matexcel Profiles4.9.2 Matexcel Product Information4.9.3 Matexcel Orthopedic Biomaterials Production, Revenue, Price and Gross Margin4.9.4 Matexcel Orthopedic Biomaterials Business Performance4.9.5 SWOT Analysis4.10 AdvanSource Biomaterials4.10.1 AdvanSource Biomaterials Profiles4.10.2 AdvanSource Biomaterials Product Information4.10.3 AdvanSource Biomaterials Orthopedic Biomaterials Production, Revenue, Price and Gross Margin4.10.4 AdvanSource Biomaterials Orthopedic Biomaterials Business Performance4.10.5 SWOT Analysis4.11 CAM Bioceramics B.V.4.12 Heraeus HoldingTo read more reports of this category, Visit our blog: https://chemicalmarketresearchreportsri.blogspot.com
Orthopedic Biomaterials Market: IntroductionAccording to the report, the global orthopedic biomaterials market was valued at US$ 11.3 Bn in 2018 and is projected to expand at a CAGR of ~7% from 2019 to 2027.
Rise in percentage of population requiring orthopedic implants, and increase in incidence rate of injuries related to accidents, sports, and adventure are anticipated to augment the global orthopedic biomaterials market from 2019 to 2027.
The country is likely to witness changes in reimbursement policies in the near future, aimed at increasing the quality of patient care.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=1725According to the Centers for Disease Control and Prevention, in the U.S., annually 54.4 million adults are diagnosed with arthritis.
However, high competition is anticipated to restrain the global orthopedic biomaterials market.Rise in Percentage of Population Requiring Orthopedic DevicesThe population more prone to orthopedic diseases primarily includes obese and geriatric populations.
This leads to arthritis and other complications, which require knee replacement procedures.
Prevalence of osteoarthritis, rheumatoid arthritis, fibromyalgia, juvenile arthritis, and other forms of orthopedic disorders is increasing primarily due to aging population, obesity, and changes in lifestyle.Request COVID Analysis on Orthopedic Biomaterials Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=1725 Increase in Incidence Rate of Injuries Related to Accidents, Sports, and AdventureIncidence of accidental injuries during sports, driving, and adventure has increased drastically in the last decade.
The Global Ceramics Biomaterials Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.Ceramics biomaterials interact with biological systems and are biocompatible.
Ceramics biomaterials have unique properties like high resistance to corrosion and compression, low electrical and thermal conductivities, light weight, etc.The ceramics biomaterials occupied market share of 25% approx.
of overall global biomaterials market in previous year.
Ceramic biomaterial products are aluminium oxide, zirconia, calcium phosphate, calcium sulfate, carbon, and glass.
This biomaterial is applied in dental parts, coatings, bone fillings, endoscopy, ontological implants, medical tools & equipment, drug delivery cardiovascular applications and others.North America is the major market for ceramic biomaterial industry.
