Press release
$690 Miillion Opportunity by 2024 in the Biodegradable Bone Graft Polymers Market: Global Key Vendors-Corbion N.V., Evonik, PolySciences Inc, KLS Martin, Foster Corporation
North America will have the largest share of the global biodegradable bone graft polymers market by 2024. Rise in old age population, continuous R&D efforts, innovations in implant design and availability of advanced medical devices, rise in accident and trauma cases will fuel the North American biodegradable bone graft polymers market.Increasing R&D activities for improved materials, use of co polymers, high cost of polymers and use of traditional surgical methods in developing nations will show some adverse impact on the biodegradable bone graft polymers market that will restraints its full growth to some extent over the projected years.
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According to a new research report. Biodegradable Bone Graft Polymers Market will exceed USD 690 million by 2024.
Rising population, improved healthcare facilities in developing economies, shift from traditional surgical methods to advanced methods, rise in R&D activities in biodegradable polymers segment for bone graft and rise in bone disorders will primarily drive the biodegradable bone graft polymers market till 2024. Rise in demand from joint reconstruction (hip, knee and extremities) and spine application along with slow but steady demand from dental application will significantly drive the demand over the forecast period.
Low cost medium volume materials such as collagen and chitosan have been researched widely in the medical industry as they have distinctive properties such as biocompatibility, biodegradability and osteo conductive properties which find applications in dental and ortho biologics applications. Spinal fusion is an important and fast-growing application especially in North America because of higher percentage of old population. Moreover synthetic and natural polymers such as PLA, PG, PC, chitosan and collagen can undergo various manufacturing process and can be easily molded which itself presents a huge opportunity for 3D printing in near future. As compared to other surgical procedures, biodegradable polymer grafts do not require second surgical event for removal purpose and hence find potential in the competitive market.
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Rising population, improved healthcare facilities in developing economies, shift from traditional surgical methods to advanced methods, rise in R&D activities in biodegradable polymers segment for bone graft and rise in bone disorders will primarily drive the biodegradable bone graft polymers market till 2024. Rise in demand from joint reconstruction (hip, knee and extremities) and spine application along with slow but steady demand from dental application will significantly drive the demand over the forecast period.
Low cost medium volume materials such as collagen and chitosan have been researched widely in the medical industry as they have distinctive properties such as biocompatibility, biodegradability and osteo conductive properties which find applications in dental and ortho biologics applications. Spinal fusion is an important and fast-growing application especially in North America because of higher percentage of old population. Moreover synthetic and natural polymers such as PLA, PG, PC, chitosan and collagen can undergo various manufacturing process and can be easily molded which itself presents a huge opportunity for 3D printing in near future. As compared to other surgical procedures, biodegradable polymer grafts do not require second surgical event for removal purpose and hence find potential in the competitive market.
Partial Chapter of the Table of Content:
Chapter 3. Biodegradable Bone Graft Polymers Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.1.1. List of key suppliers
3.3.1.2. List of key manufacturers
3.3.2. Distributor channel analysis
3.3.3. Profit margin
3.3.4. Value addition at each stage
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Global drivers
3.4.1.1.1. Shift from traditional bone graft procedures to advanced methods
3.4.1.2. North America
3.4.1.2.1. Rising old age population
3.4.1.3. Asia Pacific
3.4.1.4. Europe
3.4.2. Industry pitfalls & challenges
3.4.2.1. High cost of raw material
3.4.2.2. Availability of product substitutes in the market
3.5. Growth potential analysis
3.5.1. Emerging business models
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Porter’s analysis
3.8. Competitive landscape
3.8.1. Company market share analysis, 2016
3.8.2. Strategy dashboard
3.9. PESTEL analysis
3.10. Cost structure analysis
3.11. Regional pricing analysis
3.11.1. NA
3.11.2. Europe
3.11.3. APAC
3.11.4. LATAM
3.11.5. MEA
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/biodegradable-bone-graft-polymers-market
Vital operating players in global biodegradable bone graft polymers market are Corbion N.V., Evonik, PolySciences Inc, KLS Martin, Foster Corporation among others.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology
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