Latest Update 2020: Global Bio-implants Market Size with COVID-19 Impact Analysi

Posted by Apeksha on June 30th, 2021

Global Bioimplants Market: Information by Type (Cardiovascular Implant, Dental Implants), Material (Biological Materials, and Others), Origin (Autograft, Allograft, Synthetic, and Others), End-User (Hospitals, Clinics and Others) — Forecast till 2027

Market Highlights:

Bioimplants are essential in medical procedures which are conducted to recover the functionality of damaged bio structure. Bioimplants are made up of biosynthetic materials such as ceramics, polymers and alloy and compatible for human body. The increasing spinal cord injuries, technological advancements, rising occurrences of lifestyle disorders,  and growing geriatric population are the major factors driving the growth of the global Bioimplants Market Size. Additionally, increasing R&D spending and aggressive strategies adopted by the top players, such as mergers and acquisitions, are contributing to the growth of the market. For instance, in December 2017, Smith & Nephew acquired Rotation Medical Inc. for USD 125 million to expand its portfolio in bioimplants and to get access to the rotator cuff system of Rotation Medical.

Regional Analysis:

The market in the Americas is expected to dominate the global bioimplants market during the forecast period owing to the growing geriatric population, increasing prevalence of chronic diseases, technological advancements in healthcare and rising occurrences of injuries related to spinal cord. The European market is expected to be the second-largest due to government funding and support of the healthcare sector, increasing cardiovascular and orthopedic disorders in the region. 

Key Players:

Some of the key players in the global bioimplants market are C.R.Bard, Inc. ,Abbott,Boston Scientific Corporation,Dentsply Sirona,Invibio Ltd.,Integra LifeSciences,Johnson & Johnson Services, Inc.,Medtronic,Smith & Nephew plc,Stryker,Wright Medical Group N.V.,Cook Group, and Zimmer Biomet.

Browse Detailed TOC with COVID-19 Impact Analysis at:

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Akash Anand

Market Research Future

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