Global Orthopedic Biomaterials Market Trends And Strategies Of Major Players In The Orthopedic Biomaterials Market 2021-2030
16 Mar, 2021
The orthopedic biomaterials market comprises of revenue generated by establishments from the manufacturing and sales of orthopedic biomaterials. Orthopedic biomaterials are materials intended to be inserted in the human body as constituents of devices designed to perform certain biological functions by either substituting or repairing various tissues, such as bones, cartilage, ligaments, tendons, and others.
Global Orthopedic Biomaterials Market Size And Drivers:
The global orthopedic biomaterials market is expected to decline from $12.64 billion in 2019 to $11.43 billion in 2020 at a compound annual growth rate (CAGR) of -9.67%. The market is then expected to recover and reach $18.62 billion in 2023 at a CAGR of 17.7%.
The rise in the incidence of musculoskeletal disorders is expected to drive the orthopedic biomaterials market. According to the World Health Organization (WHO) report, musculoskeletal conditions are the leading contributor to disability worldwide.
Request For A Sample For The Global Orthopedic Biomaterials Market Report:
Trends In The Global Orthopedic Biomaterials Market
3D printing of orthopedic implants is one of the recent developments in the orthopedic biomaterials market. 3D printing technology is used to produce a large range of medical equipment, such as those with complicated structures or characteristics to suit a patient’s particular anatomy. 3D printing of orthopedic implants enables the design of more natural anatomical shapes, as well as the design of porous bone replacement scaffolds that can be easily integrated into the design of the implant. This allows natural bone regeneration to generate higher reliability of the implant. 3D printing of orthopedic implants is a trend in the orthopedic biomaterial market that is attracting many players.
Global Orthopedic Biomaterials Market Segments:
The global orthopedic biomaterials market is further segmented based on material type, application and geography.
By Material Type: Ceramics & Bioactive Glasses, Calcium Phosphate Cements, Polymers, Metal, Composites.
By Application: Orthopedic Implants, Joint Replacement/Reconstruction, Bio-resorbable Tissue Fixation, Orthobiologics, Viscosupplementation.
By Geography: The global orthopedic biomaterials market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Report For The Global Orthopedic Biomaterials Market At:https://www.thebusinessresearchcompany.com/report/orthopedic-biomaterials-market-global-report-2020-30-covid-19-growth-and-change
Orthopedic Biomaterials Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides orthopedic biomaterials market overviews, analyzes and forecasts market size and growth for the global orthopedic biomaterials market, orthopedic biomaterials market share, orthopedic biomaterials market players, orthopedic biomaterials market segments and geographies, orthopedic biomaterials market’s leading competitors’ revenues, profiles and market shares. The orthopedic biomaterials market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.