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Bio-Implants Market Global Analysis to Obtain Research-Based Business Decisions and On-Going Trends Anticipated Growth in Upcoming Years
Bio-implants Market
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.
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Few key players operating in bio implants market are
• DENTSPLY International
• Wright Medical group
• Invibio Biomaterial Solutions
• Biomet (Zimmer)
• Medtronic
• Stryker Corporation
• Smith & Nephews
• DePuy Synthes
• Ethicon Inc.
• KLS martin
The high prevalence of diseases such as cardiovascular, orthopedic and spinal diseases that can be treated with bio-implants is a key driver of the bio-implant market. For example, the prevalence of cardiovascular disease is expected to exceed 12 million by 2020. 30% of these cardiovascular patients can be treated with bio-implants. Similar factors exist in the context of orthopedics, spine and other disorders.
In addition, the development of bio / raw materials that improve biocompatibility of bio-implants (products) is expected to lead the market growth. Advanced technologies such as 3D printing, laser and nanotechnology deployed for bio-implant manufacturing also greatly improve the biocompatibility of bio-implants. It is expected to be another key driver of the global bio-implant market.
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Key findings of Bio-Implants Market:
• Cardiovascular, orthopedic and dental bio implants collectively garner about 70% market share of the global market
• Dental bio implants segment market is expected to be a key high-growth market with about 14% CAGR over 2014 - 2020
• Orthopedic bio implants are expected to be the second largest market segment (in terms of value) owing to rising occurrence of accidents and other such incidents that result in fractures, necessitating treatment via bio implants
• Lifestyle diseases, prominently the cardiovascular diseases can be treated and further post-operatively rehabilitated by usage of bio implants, namely pacemakers/stents/valves; therefore, rising incidence of such disorders is expected to render high growth rate and large market size in terms of value by 2020 for cardiovascular bio implants
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