Published Date: 16-Oct-2019
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According to a new report Global Orthopedic Biomaterials Market, published by KBV Research, The Global Orthopedic Biomaterials Market size is expected to reach $20.4 billion by 2025, rising at a market growth of 10.2% CAGR during the forecast period.
North America is the largest revenue contributor in Global Orthopedic Biomaterials Market in 2018. The growing prevalence of various orthopedic activities and the increased geriatric populations stimulate market growth in the area and lead patient populations to rise. Also, raising public knowledge of the benefits of biodegradable products and the growing request for advanced technological procedures and products facilitates the growth of the North America market for orthopedic biomaterials. Moreover, The Asia Pacific market would shoes highest growth rate of 11.5% during (2019 - 2025). Additionally, The Europe market is expected to witness a CAGR of 9.7% during (2019 - 2025).
Orthopedic implants dominated the market in 2018, and are projected to continue the trend over the forecast period. The increased incidence, combined with increasing trauma instances, of disc degenerative conditions and bone fractures, are anticipated to increase supply for products in this segment. The Joint Replacements market is expected to witness a CAGR of 9.8% during (2019 - 2025). The maximum growth would be witnessed in Visco Supplementation market and hence, it grows with a CAGR of 12.3% during the forecast period.
The Ceramics & Bioactive Glasses market dominated the Global Orthopedic Biomaterials Market by Material Type in 2018, growing at a CAGR of 9.8 % during the forecast period. The Calcium Phosphate Cements market is expected to witness a CAGR of 10.5% during (2019 - 2025).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Zimmer Biomet Holdings, Inc., Stryker Corporation, Victrex PLC (Invibio Ltd.), Globus Medical, Inc., CAM Bioceramics B.V., Heraeus Holding GmbH, Exactech, Inc., Collagen Matrix, Inc., Evonik Industries AG and Koninklijke DSM N.V. (DSM Biomedical B.V.).
By Material Type
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