Orthopedic Biomaterial Market 2018 – 2023 Projected to Grow Radiantly by Top Players Revenue and Growth Rate

Market Scenario:

Orthopedic biomaterials are synthetic or organic materials. They are used for internal fracture fixation. Orthopedic biomaterials are commonly used in orthopedics, surgical implants, prosthetics, and various medical tools and devices.

The global orthopedic biomaterial market is majorly driven by the increasing older population leading to increase in the patient population, increasing surgeries, the various government supports, and growing awareness among young population towards health.

Factors such as rigorous clinical and regulatory processes are likely to hamper the growth of the orthopedic biomaterial market.

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Intended Audience:                       

·         Pharmaceutical Manufacturers and Suppliers

·         Medical Research Laboratories

·         Research and Development (R&D) Companies

·         Market Research and Consulting Service Providers

·         Potential Investors

Regional Analysis:                                               

The North American orthopedic biomaterial market is a growing market in the Americas region. On a regional basis, the Americas region is segmented into North America and South America. North America is segmented into the U.S. and Canada. The increasing prevalence of different orthopedic surgeries, along with the increasing older population eventually leading to an increase in patient population is likely to drive the market. Additionally, increasing awareness of biodegradable products among the people, growing healthcare expenditure, and the rising demand for technologically advanced treatments and products along with rising the government support are likely to enhance the growth of the orthopedic biomaterial market in North America. For instance, according to the American Joint Replacement Registry, around 1,61,040 joint replacement procedures took place in the U.S. in 2016.

The Middle East and Africa is expected to show the least growth in the market due to some major factors such as lack of awareness, limited access, and availability of treatment facilities. In the Middle East, the United Arab Emirates is the largest market, owing to the rising healthcare expenditure and the overall growth of the healthcare scenario also drives the market.

Segmentation:

The global orthopedic biomaterials market is segmented on the basis of types of material, application, and end-user.

On the basis of types of material, the market is segmented into metals and non-metals. The metals are further sub-segmented into titanium alloy, stainless steel, cobalt alloy, and others. Non-metals are further sub-segmented into polymeric, natural biomaterials, ceramic, and others. Ceramics are sub-segmented into alumina, zirconium dioxide, calcium phosphate, carbon, and others. Polymeric materials are sub-segmented into polyester, silicone, polyethylene, polymethylmethacrylate (PMMA), and others. Natural biomaterials are sub-segmented into chitin and chitosan, collagen, and others.

On the basis of end-user, the market is segmented into hospitals, clinics, and others.

Key Players:

Some of the key players in the orthopedic biomaterial market are CoorsTek Inc., CERADYNE, Straumann, Stryker, Kyocera Corporation, Materion Corporation, 3M ESPE, Nobel Biocare Services AG, Morgan Advanced Materials, and DePuy Synthes.

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Table Of Contents:

1   INTRODUCTION

1.1 DEFINITION 24

1.2 SCOPE OF THE STUDY 24

1.2.1 RESEARCH OBJECTIVE 24

1.2.2 ASSUMPTIONS 24

1.3 MARKET STRUCTURE 25

2  RESEARCH METHODOLOGY

2.1 RESEARCH PROCESS 27

2.2 PRIMARY RESEARCH 27

2.3 SECONDARY RESEARCH 27

2.4 MARKET SIZE ESTIMATION 28

2.5 FORECAST MODEL 29

3   REPORT EXCERPT$ 1,350.00

4   FORECAST INDICATORS$

4.1 INTRODUCTION 34

4.2 GROWTH DRIVERS 35

4.2.1 AUGMENTING HIP & KNEE REPLACEMENT SURGERIES 35

4.2.2 GROWING GERIATRIC POPULATION 35

4.2.3 RISING OBESE POPULATION 35

4.2.4 RISING AWARENESS REGARDING ORTHOPEDIC DISORDERS AND USE OF BIOMATERIALS IN ITS TREATMENT 36

TOC Continued…!

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