Press release
Orthopedic Biomaterials Market Worldwide Industry Size, Growth Drivers, Opportunity And Competitive Landscape Forecast To 2030
The Business Research Company offers "Orthopedic Biomaterials Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The orthopedic biomaterials market comprises of revenue generated by establishments from the manufacturing and sales of orthopedic biomaterials. Orthopedic biomaterials are materials intended to be inserted in the human body as constituents of devices designed to perform certain biological functions by either substituting or repairing various tissues, such as bones, cartilage, ligaments, tendons, and others.
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The global orthopedic biomaterials market is expected to decline from $12.64 billion in 2019 to $11.43 billion in 2020 at a compound annual growth rate (CAGR) of -9.67%. The decline is mainly due to the COVID-19 outbreak and the measures to contain it. Several medical care facilities in affected countries have been completely closed or have been only providing minimal treatment for emergency cases.
The high cost of conducting clinical trials is expected to hinder the biomaterials market growth. The orthopedic biomaterials are directly implanted in the body. Therefore, it is important to prove the safety and biocompatibility of these materials. However, the high cost of conducting clinical trials is acting as a major roadblock. The clinical studies are expensive and time-consuming due to the number of tests required, and the length of each test. The investment of resources, time, and funding grows with successive stages.
Orthopedic Biomaterials Market Segmentation:
By Material Type
1. Ceramics & Bioactive Glasses
2. Calcium Phosphate Cements
3. Polymers
4.Metal
5. Composites
By Application
1. Orthopedic Implants
2. Joint Replacement/Reconstruction
3. Bio-resorbable Tissue Fixation
4. Orthobiologics
5. Viscosupplementation
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Few Points From Table Of Content
1. Executive Summary
2. Orthopedic Biomaterials Market Characteristics
3. Orthopedic Biomaterials Market Size And Growth
4. Orthopedic Biomaterials Market Segmentation
5. Orthopedic Biomaterials Market Regional And Country Analysis
……
25. Orthopedic Biomaterials Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Orthopedic Biomaterials Market
27. Orthopedic Biomaterials Market Trends And Strategies
28. Orthopedic Biomaterials Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the orthopedic biomaterials market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the orthopedic biomaterials market are Zimmer Biomet Holdings Inc., Stryker Corporation, Victrex PLC (Invibio Ltd.), Globus Medical Inc., CAM Bioceramics B.V., Heraeus Holding GmbH, Exactech Inc., Collagen Matrix Inc., Evonik Industries AG, Koninklijke DSM N.V. (DSM Biomedical B.V.).
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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