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Biosurgery Market Size Analysis, Drivers, Restraints, Key Factors Forecast 2028

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jhon tanison
Biosurgery Market Size Analysis, Drivers, Restraints, Key Factors Forecast 2028

 

High demand for minimally invasive procedures to treat neurological & gynecological disorders and increasing geriatric population are key factors driving market revenue growth

The global biosurgery market size is expected to reach USD 17.60 billion in 2028 and register a revenue CAGR of 5.4% over the forecast period, according to the latest report by Reports and Data. Implementation of biosurgery has helped in effective blood loss management during various surgeries such as orthopedic surgery, general surgery, gynecological surgery, reconstructive surgeries, and others, which in turn is driving market revenue growth.

Rising demand for biosurgery in hospitals, clinics, and Ambulatory Surgical Centers (ASCs) will continue to fuel market revenue growth during the forecast period. Biosurgery is helpful in maintaining the proper bodily functions of a patient after he/she suffers from a chronic disorder or trauma. Biosurgery is also used to heal muscle disorders and bone, thereby maintaining proper alignment of the spinal cord and other requirements due to related disabilities.

Moreover, rising prevalence of cardiovascular disorders and general surgeries has increased demand for biosurgery products. Increasing geriatric population, rising incidence of sports-related injuries, increasing obesity, and growing awareness regarding benefits of biosurgery procedures are boosting market revenue growth.

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The report provides comprehensive assessment of the market covering key elements such as revenue estimations, cost analysis, import/export, production and consumption trends, CAGR, gross margin, and supply & demand patterns. It also sheds light on recent technological developments, product advancements, and research and development activities in the region.

The report examines the key players operating in the market along with their market position, market share, revenue, gross margin, and business strategies. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. It also covers recent mergers and acquisitions, joint ventures, collaborations, agreements, partnerships, and product launches and brand promotions.

Key companies profiled in the report include:

Baxter International Inc., Braun Melsungen AG Becton, Dickson and Company, CSL Limited, Cryolife Inc., Hemostasis LLC, Integra Lifesciences Holding Corporation, Johnson & Johnson, Kuros Biosciences AG, Medtronic PLC, Smith & Nephew Plc., and Zimmer Biomet.

Market Segmentation by Types:

Product Type Outlook (Revenue, USD Billion; 2018-2028)

  • Bone-graft Substitutes
  • Cell-Based Matrices
  • Bone Morphogenetic
  • Demineralized Bone Matrix
  • Synthetic Graft Extender
  • Soft-Tissue Attachments
  • Biological Mesh/Patch
  • Synthetic Mesh/Patch
  • Hemostatic Agents
  • Thrombin-based Hemostatic Agents
  • Oxidized Regenerated Cellulose-Based Hemostatic Agents
  • Combined Hemostatic Agents
  • Adhesions Barriers
  • Synthetic Adhesion Barriers
  • Natural Adhesion Barriers
  • Surgical Sealants & Adhesives
  • Staple Line Reinforcement Agents

End-use Outlook (Revenue, USD Billion; 2018-2028)

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others

Market Segmentation by Applications:

Application Outlook (Revenue, USD Billion; 2018-2028)

  • Orthopedic Surgery
  • General Surgery
  • Neurological Surgery
  • Cardiovascular Surgery
  • Gynecological Surgery
  • Reconstructive Surgery
  • Others

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Regional analysis covers in-depth analysis of analysis of the revenue, market share, and growth rate of the global Biosurgery market in each region for the forecast period of 2021-2028. The report covers production and consumption rate, current and emerging trends, import/export, supply and demand, and presence of key players in each region.

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • Italy
    • France
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • U.A.E.
    • South Africa
    • Rest of MEA

To know more about the report @ https://www.reportsanddata.com/report-detail/biosurgery-market

Some Key Highlights From the Report:

  • By application, orthopedic surgery segment accounted for largest revenue share in 2020. Increasing prevalence of spinal cord injuries, growing geriatric population, and surging number of accidents and sports injuries are driving growth of this segment. Besides, increasing incidence of musculoskeletal disorders is supporting demand for orthopedic surgeries, and the trend is expected to continue going ahead.
  • By end-use, hospitals segment contributed largest revenue share in 2020. Growth of this segment is due to increasing shift of patients inclining towards hospitals for biosurgery. Adoption of advanced technologies around the world and presence of favorable government policies are also favorable for growth of this segment.
  • Demand for biosurgery is increasing due to increasing incidence of sports injuries, as well as rising number of patients suffering from neurological and cardiovascular disorders. Hence, minimally invasive surgeries are showcasing more popularity.
  • Biosurgery market in North America accounted for largest revenue share in 2020, owing to increasing number of patients suffering from orthopedic & neurological disorders, availability of advanced biosurgery products, and presence of well-established hospitals.

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About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

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