The Global Osseointegration Implants Market was estimated at $5.64 billion in 2017, and is anticipated to hit $9.84 billion by 2025, garnering a CAGR of 7.1% from 2018 to 2025, according to latest report published by Allied Market Research.
“Prevalence of orthopedic diseases, increase in adoption of minimally invasive surgeries, and supportive reimbursement policies proffered by insurance companies have fueled the market growth. On the other hand, high initial costs related to osseointegration implants devices and stringent approval process restrain the market growth. However, technological advancements and increase in acceptance of implantable medical devices create new opportunities in the market.”
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Top Key Players included are:
- LLC
- Danaher Corporation
- Integrum SE
- Bicon
- Henry Schein, Inc
- Others
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Prevalence of orthopedic diseases, increase in adoption of minimally invasive surgeries, and supportive reimbursement policies proffered by insurance companies have fueled the market growth. On the other hand, high initial costs related to osseointegration implants devices and stringent approval process restrain the market growth. However, technological advancements and increase in acceptance of implantable medical devices create new opportunities in the market.
Bone-anchored prostheses accounted for nearly two-thirds of the total market share in 2017 and is expected to dominate throughout the forecast period. Metallic material accounted for more than two-thirds of the total market share in 2017 and will retain its top status throughout the forecast period. And, polymeric material is expected to register the highest growth rate with a CAGR of 12.5% from 2018 to 2025. By region, North America held the major market share, contributing nearly half of the market share in 2017 and will maintain its dominance by 2025. And, Asia-Pacific is expected to register the highest growth rate with a CAGR of 9.1% from 2017 to 2025.
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