Bioabsorbable Implants Market Growth and Status Explored In A New Research Report 2021-2025 | Leading Competitors - J&J, Medtronic, Abbott, Boston Scientific, Smith & Nephew, Stryker

A market study ”Global Bioabsorbable Implants Market” examines the performance of the Global Bioabsorbable Implants Market 2021. It encloses an in-depth Research of the Bioabsorbable Implants Market state and the competitive landscape globally. This report analyzes the potential of Bioabsorbable Implants Market in the present and the future prospects from various angles in detail.

Overview of Global Bioabsorbable Implants Market:

This report studies the Global Bioabsorbable Implants Market over the forecast period of 2020 to 2025. The Global Bioabsorbable Implants Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2020 to 2025.

According to the market research study, the Bioabsorbable Implants play a major role in advance healthcare, as they support and improve damaged biological structure. Bioabsorbable implants are used for treating, knee hands, and wrist injuries moreover the bioabslorbable implants are used successfully in reconstruction and repair of many extra and intra articular abnormalities in the shoulders such as rotator cuff tears. In addition, Bioabsorbable Implants are used for spinal reconstruction surgeries, for instance PLA screws are used for fusion procedures and cervical decompression. PLLA pins are used in lumbar spines which improve the mobility.

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The most significant key factors driving the growth of the Global Bioabsorbable Implants Market are rapid growth in the number of sports-related injuries and road accidents are increasing the number of trauma cases.

The Global Bioabsorbable Implants Market is segmented on the basis of Type, Application and Region. Based on the Type, the Global Bioabsorbable Implants Market is sub-segmented into Polymers biomaterial, Natural biomaterial and others. On the basis of Application, the Global Bioabsorbable Implants Market is classified into Cardiovascular Implants, Dental Implants, Orthopedic Implants, Spinal Implants, Ophthalmology Implants and others.

In terms of the geographic analysis, The Bioabsorbable Implants Market in North America is expected to grow at the highest CAGR during the forecast period. Moreover, the presence of major players in the Bioabsorbable Implants Market ecosystem results in the increasing adoption of these systems in North America.

Global Bioabsorbable Implants Market Objectives:

1 To provide detailed information regarding key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the Bioabsorbable Implants Market

2 To analyze and forecast the size of the Bioabsorbable Implants Market, in terms of value and volume

3 To analyze opportunities in the Bioabsorbable Implants Market for stakeholders and provide a competitive landscape of the market

4 To define, segment, and estimate the Bioabsorbable Implants Market based on deposit type and end-use industry

5 To strategically profile key players and comprehensively analyze their market shares and core competencies

6 To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the total market

7 To forecast the size of market segments, in terms of value, with respect to main regions, namely, Asia Pacific, North America, Europe, the Middle East & Africa, and South America

8 To track and analyze competitive developments, such as new product developments, acquisitions, expansions, partnerships, and collaborations in the Bioabsorbable Implants Market

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Top Leading Key Manufacturers are: Abbott Laboratories, Boston Scientific, Dentsply Sirona, Johnson & Johnson, Medtronic, Smith & Nephew, Stryker, Victrex plc, Wright Medical Group, Zimmer Biomet and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Top Medical Industry News:

Medtronic (March 17, 2021) - Medtronic Receives Approval for U.S. Labeling of the Intellis Platform Showing Superior Back Pain Relief When Using DTM Spinal Cord Stimulation - Medtronic plc, the global leader in medical technology, today announced the U.S. Food and Drug Administration (FDA) has approved revised commercial labeling for the Intellis Platform with Differential Target Multiplexed (DTM) programming for the treatment of chronic, intractable back and leg pain. The new labeling will include study outcomes from a multicenter randomized control trial reflecting superior back pain relief with DTM SCS when compared to conventional SCS.

 

The trial demonstrated with clinical and statistical significance that DTM SCS programming is superior to conventional SCS programming when used to treat intractable chronic back pain. At 3 months, 80% of patients treated with DTM SCS reported back pain relief of at least 50%, compared with 51% of patients treated with conventional SCS as measured by the Visual Analog Scale (VAS), a widely used and accepted measure for pain intensity.

This labeling update closely follows the most recent presentation of 12-month clinical trial outcomes during a late-breaking clinical trial session at NANS 2021. Trial results statistically significant and superior back pain relief with DTM SCS compared to conventional SCS at 12 months: 84% of patients with chronic back pain treated with DTM SCS reported at least 50% pain relief, compared to 51% of patients treated with conventional SCS. There was also a difference in the proportion of patients who reported profound back pain relief (more than 80% reduction in VAS score) favoring DTM SCS (69%) compared with conventional SCS (35.1%).

"The body of clinical evidence proving the efficacy of DTM SCS in treating patients with chronic back pain continues to grow," said Charlie Covert, vice president and general manager, Pain Therapies within the Neuromodulation business, which is part of the Neuroscience Portfolio at Medtronic. "The updated labeling further strengthens the credibility of the outcomes from this therapy, and parallels the profound benefits our clinician partners are seeing with their own patients."

Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Bioabsorbable Implants in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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Major Points in Table of Contents:

Global Bioabsorbable Implants Market Report 2021

1 Bioabsorbable Implants Product Definition

2 Global Bioabsorbable Implants Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Bioabsorbable Implants Shipments

2.2 Global Manufacturer Bioabsorbable Implants Business Revenue

2.3 Global Bioabsorbable Implants Market Overview

2.4 COVID-19 Impact on Bioabsorbable Implants Industry

3 Manufacturer Bioabsorbable Implants Business Introduction

3.1 Abbott Laboratories Bioabsorbable Implants Business Introduction

3.2 Boston Scientific Bioabsorbable Implants Business Introduction

3.3 Dentsply Sirona Bioabsorbable Implants Business Introduction

3.4 Johnson & Johnson Bioabsorbable Implants Business Introduction

3.5 Medtronic Bioabsorbable Implants Business Introduction

3.6 Smith & Nephew Bioabsorbable Implants Business Introduction

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