The global orthopedic biomaterials market reached a value of nearly $11.42 billion in 2020, having increased at a compound annual growth rate (CAGR) of 10.2% since 2015. The market is expected to grow from $11.42 billion in 2020 to $22.60 billion in 2025 at a rate of 14.6%. The growth is mainly due to the growing number of chronic illnesses which is expected to drive the demand for orthopedic biomaterials. The global orthopedic biomaterials market is expected to grow from $22.60 billion in 2025 to $36.67 billion in 2030 at a CAGR of 10.2%.
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The orthopedic biomaterials manufacturing market consists of sales of orthopedic biomaterials by entities (organizations, sole traders, and partnerships) that manufacture orthopedic biomaterials that interact with human tissue and body fluids to treat, improve, or replace anatomical elements of the human body. Orthopedic biomaterials are natural or synthetic materials intended to be inserted in the human body, into a living tissue as a part of a medical procedure, usually along with a device. These orthopedic biomaterials may be biodegradable or non-biodegradable, and are used to support, enhance, or replace damaged tissue or a biological function without affecting the normal functions of the body.
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The orthopedic biomaterials market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the orthopedic biomaterials market are Zimmer Biomet Holdings, Inc.,Stryker Corporation, Johnson & Johnson, Smith & Nephew plc, Globus Medical, Inc.
The orthopedic biomaterials market is segmented by material type, and by application.
By Material Type –
The orthopedic biomaterials market is segmented by material type into
- a) Ceramics & Bioactive Glasses
- b) Calcium Phosphate Cements
- c) Polymers
- d) Metal
- e) Composites
By Application –
The orthopedic biomaterials market is segmented by application into
- a) Joint Replacement/Reconstruction
- b) Bio-Resorbable Tissue Fixation
- c) Other Orthopedic Implants
- d) Other Orthopedic Biomaterials
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The orthopedic biomaterials market report describes and explains the global orthopedic biomaterials market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The orthopedic biomaterials market report evaluates the market across each region and for the major economies within each region.
The countries covered in the global orthopedic biomaterials market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global orthopedic biomaterials market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Orthopedic Biomaterials Market Market Characteristics
- Orthopedic Biomaterials Market Market Product Analysis
- Orthopedic Biomaterials Market Market Supply Chain
- Key Mergers And Acquisitions In The Orthopedic Biomaterials Market Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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