Bio-implants Market to Experience Exponential Growth in Near Future

Geographically, the developed regions such as North America and Europe together garner majority market share, about 70% of the global bio implants market (2013); however, going forward, it is estimated that the Asia Pacific regional market would lead with a sizable market share of about 20% (2020). Key factors attributable to such altered trend are increasing incidence of lifestyle diseases in the Asia-Pacific region coupled with increasing purchasing power among patients.

Bio-implants Market is expected to garner $115.8 billion by 2020, registering a CAGR of 10.3% during the forecast period 2014 - 2020. Bio-implants have emerged as a promising solution for the variety of conditions such as cardiovascular, dental, orthopedic, ophthalmology, neurological disorders and others.

High prevalence of disease conditions such as cardiovascular, orthopedic and spinal disorders that can be treated via bio implants are the key drivers of the market. According to American College Of Surgeons, 29% of the trauma injuries were caused by road accidents; the instances of road accidents and death due to the same are rising to about 2.2% globally. Such patients undergoing traumatic injuries can be effectively treated with the market. Such afore-mentioned factor and multifarious analogous factors across cardiovascular, spinal and ophthalmic disorders drive the growth of the market.

Access Full summary at : https://www.alliedmarketresearch.com/bio-implants-market

The global bio-implants market is segmented based on product types and geography. Within the product types, the market is segmented into cardiovascular, dental and prosthetic implants, orthopedic/joint reconstruction and replacement, spinal, ophthalmology and others. Geographically, the market is segmented into four regions, namely North America, Europe, Asia-Pacific and LAMEA.

Key players operating in the bio-implants market focus on product launch, and continual R&D on variants of the market in order to retain competitive advantage. These players also adopt inorganic growth strategy to augment geographical diversification. Few of such companies mentioned in the report are Stryker Corporation, Dentsply international, Ethicon Inc., Wright Medical Group, DePuy Synthes, Biomet (Zimmer), Smith & Nephew, KLS martin and Medtronic.

Many companies aim to develop and market high-tech variants of bio implants. Such augmented supply-side infrastructure is thus expected to contribute to the overall market growth. DENTSPLY International, Wright Medical group, Invibio Biomaterial Solutions, Biomet (Zimmer), Medtronic, Stryker Corporation, Smith & Nephews, DePuy Synthes, Ethicon Inc., and KLS martin are few key players operating in bio implants market.

Key Benefits of Bio-implants Market

• An in-depth analysis of the current bio-implants market scenario in order to estimate future market and to provide trend-analysis that would facilitate decision making
• Quantitative analysis of the current market and estimations through 2013-2020 would assist strategy officials to design business strategies intended to capitalize on opportunities in the market
• Identification of key product segments based on current and potential growth prospects to reveal most profitable segments that can be catered to by the market players
• Analysis of business models, SWOT analysis and key strategies adopted by few leading market players to reveal insights on competitive analysis scenario.

Get Sample PDF Brochure : https://www.alliedmarketresearch.com/request-sample/576

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.