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Nerve Repair Biomaterials Market 2018 | Extensive Study On Industry Players Like Integra LifeSciences, Stryker, Collagen Matrix, Inc. , Checkpoint Surgical, Polyganics BV, Synovis Micro Companies Alliance, Inc. , AxoGen, Inc.

09-27-2018 02:28 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Nerve Repair Biomaterials

Nerve Repair Biomaterials

The Nerve Repair Biomaterials Market report is a complete overview of the market, covering various aspects product definition, segmentation based on various parameters, and the prevailing vendor landscape. The numerical data is backed up by statistical tools such as SWOT analysis, Porter's Five Forces Analysis and else. The statistics are represented in graphical format for a clear understanding on facts and figures. The readers will find this report very helpful in understanding the Nerve Repair Biomaterials market in depth. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Global Nerve Repair Biomaterials Market is expected to reach USD 775.59 million by 2024 from USD 326.71 million in 2016, at a CAGR of 11.5% in the forecast period.

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Forecasting Nerve Repair Biomaterials Report Analyzed By Product Type [Nerve Repair {Nerve Conduit, Nerve Graft (Allograft, Acellularized Allograft)}, Nerve Protection {Nerve Protectors, Nerve Wrap}], Injury Type {Epineural Nerve Repair, Perineural Nerve Repair, Group Fascicular Repair}, End User (Hospital, Clinics, Ambulatory Trauma Centers) and Geography

Integra Life Sciences is going to dominate the injectable drug delivery market followed by

· Stryker Corporation

· Collagen Matrix, Inc

along with others such as AxoGen, Inc., Checkpoint Surgical, Inc., Polyganics, and Synovis Micro Companies Alliance, Inc.

· Nerve Protection market is growing with the highest CAGR.

· Globally nerve grafts is driving the market with highest market share. However, a nerve conduit is growing with the highest CAGR.

· Epineural nerve repair is dominating the injury nerve repair biomaterials market.

The new Nerve Repair Biomaterials market report contains data for historic year2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. With the increasing geriatric population, rising number of nerve injuries and nerve surgeries, increasing incidence of neurological disorders, favorable reimbursement policies, and increased government funding the global nerve repair biomaterials market is witnessing a rapid growth. On the other hand, lack of awareness, high cost of treatment and need for skilled professionals and surgeons may hinder the growth of the market.

The global nerve repair biomaterials market is witnessing a rapid growth due to increasing geriatric population, high incidence of nerve injuries and neurological disorders, favorable reimbursement policies, and increased government funding. The demand for nerve repair biomaterials is increasing in hospitals followed by ambulatory trauma centres due to increasing aging population and rising number of nerve injuries and nerve surgeries.


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Nerve Repair Biomaterials Market Segmentation:
Based on product type, the global nerve repair biomaterials market is segmented into

• Nerve repair

• Nerve protection

· In 2016, nerve repair dominated the market with a share of 74.5% and is expected to dominate the market in the future.

The global nerve repair biomaterials market is further segmented into

· Nerve conduits

· Nerve grafts

· In 2017, the nerve conduits segment is expected to account for the largest share. Nerve repair graft is further segmented into allograft and acellularized allograft.

Nerve protection market is segmented into

· Nerve protector

· Nerve wrap

· In 2016, nerve protector market dominated the market with the largest share and is expected to dominate in the forecast period 2017-2024.

Based on the injury type, the nerve repair biomaterials market is segmented into

· Epineural nerve repair

· Perineural nerve repair

· Group fascicular repair

· On the basis of end user, the global nerve repair biomaterials market is categorized into hospitals, clinics, and ambulatory surgical centres. In 2017, hospitals segment is expected to dominate the market in the forecast period 2017-2024.

Drivers: Global Nerve Repair Biomaterials Market

Some of the major factors driving the market for nerve repair biomaterials market is witnessing a rapid growth due to increasing geriatric population, high incidence of nerve injuries and neurological disorders, technological advancements, expanding target application of neuromodulation devices, favourable reimbursement policies, and increased government funding.

· Increasing Geriatric Population And Incidences Of Peripheral Nerve Injuries

· Technological Advancements Over Surgery Through Autografts

· Expanded Target Application Of Neuromodulation Devices

· Favourable Reimbursement Policies

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