Overview:
Orthopedic biomaterials, as the name suggests, are manufactured, out of organic materials such as tissues, organs, skin, or muscle. One of the most common uses of these materials is in the field of medicine, especially in the realm of orthopedics and geriatrics. Orthopedics usually involves treating spinal cord injuries, particularly degenerative disc diseases; it also involves treating bones and joint problems, and treating conditions such as muscular weakness or fragility, as well as neuromuscular diseases. Thus, doctors who deal with such conditions also need to be aware of the latest advances in tissue engineering. One of the main goals of orthopedic surgeons is to enable patients to grow their healthy bones, by surgically implanting artificial bone into the jaw. The reason for this is because when a patient grows his/her bones, the surgeon no longer has to rely on other artificial sources of that particular material, like silicone, which is often toxic to the body.
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Key Market Drivers:
Increasing cases of osteoarthritis in the world are the main factor that is expected to drive the growth of the global orthopedic biomaterials market. For instance, according to Osteoarthritis Research Society International, osteoarthritis affects more than 240 million individuals in the world. Another use of orthopedic biomaterials in this context is in the field of geriatrics, where doctors can create a form of artificial skin for those patients who cannot grow their own. This not only saves them money but also makes them more comfortable because they do not have to worry about the side effects of growing their body parts. Moreover, increasing product launches by key market players are estimated to augment the growth of the global orthopedic biomaterials market.
Covid-19 Impact Analysis:
Even though during the COVID-19 the global economy faced a lot of challenges, the key market players have kept their focus on launching new products for helping the global patients. For instance, in October 2021, St. Margrethen, Evonik Industries AG, and Samaplast AG partnered to introduce VESTAKEEP® Fusion, which is a new osteoconductive PEEK biomaterial for injection molding.
Competitive Landscape:
Major players operating in the global orthopedic biomaterials market include Heraeus Holding, CAM Bioceramics B.V., AdvanSource Biomaterials Corp., Matexcel, Exactech, Inc., Globus Medical, Invibio Ltd., Zimmer Biomet, DePuy Synthes Inc., Stryker Corp., Evonik Industries AG, and DSM Biomedical.
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Key Takeaways:
The size of the global orthopedic biomaterials market was evaluated at around US$ 11.96 billion in 2018 and is projected to increase at a CAGR of around 10.3%, owing to the increasing prevalence of arthritis in the world. For instance, according to SingleCare, over 350 million individuals in the world suffer from arthritis.
North America is expected to hold a major share of the global orthopedic biomaterials market, owing to the increasing incidence of arthritis in the region. For instance, according to the U.S. Centers for Disease Control and Prevention, more than 58.5 million individuals in the U.S. suffer from doctor-diagnosed arthritis.
The Asia Pacific is estimated to witness high growth in the global orthopedic biomaterials market, owing to the increasing expansion of orthopedic hospitals in the region. For instance, according to SAGE Journals, there are currently around 20,000 orthopedic surgeons in India.
Reasons to Purchase this Report
• Current and future of global Orthopedic Biomaterial market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Table of Content
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Material Type
- Market Snippet, By Application
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Key Developments
- Material Launch and Approvals
- Regulatory Scenario
- PEST Analysis
- PORTER’s Analysis
- Reimbursement Scenario
- Epidemiology
- Company Share Analysis
- Market Dynamics
- Global Orthopedic Biomaterial Market– Impact of Coronavirus (COVID-19) Pandemic
- Economic Impact
- Research and Development
- Government Measures to combat COVID-19
- Global Orthopedic Biomaterial Market, By Material Type, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Glass-ceramic & Bioactive Glasses
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Calcium Phosphate Cements
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Polymer
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Metals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Composites
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Orthopedic Biomaterial Market, By Application, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Joint Replacement
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Spine Implants
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Orthobiologics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Viscosupplementation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Bio-resorbable Tissue Fixation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Orthopedic Biomaterial Market, By End User, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 – 2027
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Orthopedic Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Introduction
- Global Orthopedic Biomaterial Market, By Region, 2016 – 2027, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2027
- North America
- Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- U.S.
- Canada
- Latin America
- Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Application, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
- Market Size and Forecast, By Country/Region, 2016 – 2027, (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis
- Braun Melsungen AG
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- CONMED Corporation
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Evonik Industries AG
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Medtronic Plc.
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Smith & Nephew Plc.
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Stryker Corp
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Victrex Plc.
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Globus Medical
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Heraeus Holding GmbH
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Exactech Inc.
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Collagen Matrix Inc.
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Koninklijke DSM N.V.
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Invibio Ltd.
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- DePuy Synthes.
- Company Overview
- Material Portfolio
- Financial Overview
- Key Highlights
- Market Strategies
- Braun Melsungen AG
- Analyst Views
- Section
- References
- Research Methodology
- About us and Sales Contact
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