Transparency Market Research is publishing a new report titled, “Orthopedic Biomaterials Product Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” which provides key insights on the orthopedic biomaterials product market. The new report anticipates that the increased adoption of advanced hip products and procedures, rising geriatric population, increasing incidence of injuries related to accidents, sports, and adventure will drive the orthopedic biomaterials product market during the forecast period i.e, 2017-2025.
The TMR report has segregated the global orthopedic biomaterials product market on the basis of product, material type, end-user, and geography. In accordance with product, the report has split the global orthopedic biomaterials product market into knee implant, hip implants, scaffolds, resorbable products, bone substitutes and others. In terms of material, the global orthopedic biomaterials product market is segmented into metallic, ceramic, polymer, natural biomaterial, and regenerative biomaterials. Regenerative biomaterials segment is anticipated to reflect highest CAGR during the forecast period owing to favorable government criteria, technological advancements, and rising awareness about stem cell treatment. End-user segment of the global orthopedic biomaterials product market is divided into hospitals, specialized orthopedic clinics, and ambulatory surgery centers.
In terms of geographical perspective, the global orthopedic biomaterials product market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The rising penetration of bone-muscle distortion therapies in cases of accidents and growing demand in the young and active population for customized implant procedures are the factors driving adoption of knee implant reconstructive surgeries in the U.S., says the report. Many orthopedic reconstruction and trauma device manufacturers have experienced significant growth in the past several years in the U.S. This robust growth is ascribed to a number of factors including demographics and the aging population, improved technologies, and increasing acceptance of implant devices by the younger generation.
Some of the major players operating in the orthopedic biomaterials product market are profiled in this report to give a better competitive analysis and these include Zimmer Biomet Holdings Inc., Johnson & Johnson, Globus Medical Inc., Zeus Industrial Products, Inc., Wright Medical Technology, Orthofix Holdings, Medtronic, and Arthrex Inc.
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