Biosurgery Market 2021: Global Analysis by Product Type, Application (Orthopedic, Cardiovascular), End User, Forecast to 2026| Key Players Johnson & Johnson (US), Baxter International Inc. (US), Medtronic Plc (Ireland)

The Biosurgery Market report proposes the forecast of the market by studying the market dynamics of the previous years. The report proposes the estimated market size and the expected global revenue for the forecast period of the Medical Devices industry. It is the result of a detailed analysis of the market status, demands, growth factors, market drivers, growth rate, opportunities and limitations, risks, sales data, profit margin, channels, and distributors. The main motive of this Biosurgery Market report is to derive the revenue growth, market value, market share, etc., by studying the categories such as the prime market players from different geographical locations, their product types, and application industries.

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The biosurgery market is projected to reach USD 16.0 billion by 2026 from USD 12.2 billion in 2021, at a CAGR of 5.7% during the forecast period. Biosurgery Market by Product Type (Sealants, Hemostats, Adhesion Barrier, Soft Tissue Attachments, Biological Meshes, DBM, Bone Graft Substitutes), Application (Orthopedic, Cardiovascular), End-User (Hospitals, Clinics) - Global Forecast to 2026

Key players in the biosurgery market

Johnson & Johnson (US),
Baxter International Inc. (US),
Medtronic Plc (Ireland),
Becton, Dickinson & Co. (US),
B. Braun Melsungen AG (Germany),
Stryker Corp. (US),
Integra Lifesciences Holdings Corp. (US),
CSL Ltd. (Australia),
Hemostasis LLC. (US),
Pfizer Inc. (US),
Cyrolife Inc. (US),
Zimmer Biomet (US),
Kuros Biosciences AG (Switzerland),
Orthofix Medical Inc. (US),
Smiths & Nephew Plc. (UK).

Research Coverage:

The report analyzes the biosurgery market and aims at estimating the market size and future growth potential of this market based on various segments such as product, application, end-user, and region. The report also includes a product portfolio matrix of various biosurgery products available in the market. The report also provides a competitive analysis of the key players in this market, along with their company profiles, product offerings, and key market strategies.

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a more significant share of the market. Firms purchasing the report could use one or any combination of the below-mentioned strategies to strengthen their position in the market.

This report provides insights into the following pointers:

Market Penetration: Comprehensive information on product portfolios offered by the top players in the global biosurgery market. The report analyzes this market by product, application, and end-user

Product Enhancement/Innovation: Detailed insights on upcoming trends and product launches in the global biosurgery market

Market Development: Comprehensive information on the lucrative emerging markets by product, application, and end-user

Market Diversification: Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global biosurgery market

Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, competitive leadership mapping, and capabilities of leading players in the global biosurgery market.

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Growth in this market is majorly driven by the growing prevalence of chronic diseases requiring surgical interventions and severe traumatic injuries. Owing to increasing growth in such incidence, the volume of elective surgical procedures is increasing, which is driving the demand for biosurgery products. In addition, rising demand for effective blood loss management and increasing availability of advanced biosurgery products is also helping to back the market growth. However, high cost of biosurgery products, dearth of skilled professionals, and stringent regulatory framework are expected to hamper the growth of this market during the forecast period.

Based on product, the bone graft substitutes holds the largest market share during the forecast period.

Based on the product, the bone graft substitutes segment accounted for the largest share of the global biosurgery market in 2020. Bone-graft substitutes are alternative products to autografts and possess osteoconductive properties. Although autografts are used as the gold standard for the treatment of bone defects, they have various limitations, such as the potential risk of infections and donor site morbidity. As a result, the focus on new orthobiologic materials like synthetic bone-graft substitutes is increasing. Moreover, the use of bone graft substitutes eliminates the need for a second operative procedure and an extra incision at the site of the surgery. As a result, the adoption of bone graft substitutes such as demineralized bone matrix, synthetic bone grafts, allografts, and bone morphogenetic proteins is increasing across orthopedic and dental surgeries globally.

Based on application, there constructive surgery segment is expected to register the highest CAGR during the forecast period.

The reconstructive surgery in the application segment is expected to show the highest growth rate during the forecast period. Surgical sealants, hemostats, soft-tissue patches/meshes, and staple line reinforcement agents are extensively used in various reconstructive surgeries, including plastic surgeries, facelifts, rhinoplasty, body contouring, breast surgeries (breast reconstruction & augmentation), burns, and craniofacial applications. Rising number of surgical reconstructive procedures such as facial reconstruction and minimally invasive cosmetic procedures, increasing incidence of skin injuries, growing incidence of burn injuries, and the increasing number of breast cancer patients undergoing mastectomy and breast reconstruction procedures are driving the rapid adoption of biosurgery products in the reconstructive surgery segment.

Based on end-user, the hospitals segment holds the largest market share during the forecast period.

The biosurgery market is segmented into hospitals, clinics,and others. The hospital segment dominates the market share in 2020. The biosurgery products are extensively used in hospitals across operating rooms during surgeries. Moreover, the use of soft-tissue attachments and bone-graft substitutes (such as DBM and BMP) is increasing across hospitals to reduce the duration of patient stays and enhance the healing process. Bone-graft substitutes are finding use as osteoconductive and osteoinductive materials, specifically across orthopedic and spinal procedures. Similarly, hemostatic agents and adhesion barriers are finding increasing adoption across abdominal and cardiovascular procedures to prevent post-operative complications. Moreover, the number of hospitals is increasing globally, especially in emerging countries, which is supporting the high revenue growth in the segment.

North America accounted for the largest share of the biosurgery market in 2020

In 2020, North America accounted for the largest share of the biosurgery market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa. The large share of this market segment can be attributed to the presence of a significant number of prominent vendors, a highly developed healthcare system, increasing volume of elective surgeries, rising prevalence of chronic diseases, and favorable reimbursement policies for biosurgery products.

Break of primary participants was as mentioned below:

By Company Type – Tier 1–35%, Tier 2–45%, and Tier 3–20%
By Designation – C-level–35%, Director-level–25%, Others–40%
By Region – North America–45%, Europe–30%, Asia Pacific–20%, Latin America- 3%, Middle East and Africa–2%

Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition & Scope
1.2.1 Inclusions & Exclusions Of The Study
1.2.2 Market Segmentation
Figure 1 Biosurgery Market Segmentation
1.2.3 Years Considered For The Study
1.3 Currency
1.4 Stakeholders
1.5 Summary Of Changes

2 Research Methodology
2.1 Research Approach
2.2 Research Methodology Design
2.2.1 Secondary Research
2.2.1.1 Key Data From Secondary Sources
2.2.2 Primary Data
Figure 2 Primary Sources
2.2.2.1 Key Data From Primary Sources
2.2.2.2 Insights From Primary Experts
2.2.2.3 Breakdown Of Primary Interviews: Supply-Side And Demand-Side Participants
2.2.2.4 Breakdown Of Primary Interviews: By Company, Designation, And Region
2.3 Market Size Estimation: Biosurgery Market
Figure 3 Supply-Side Market Size Estimation: Revenue Share Analysis
Figure 4 Revenue Share Analysis Illustration—Baxter International, Inc.
Figure 5 Revenue Analysis Of The Top 3 Public Companies: Surgical Sealants And Adhesives Segment (2020)
Figure 6 Bottom-Up Approach—Segmental Extrapolation
Figure 7 Cagr Projections From The Analysis Of Drivers, Restraints, Opportunities, And Challenges In The Biosurgery Market (2021–2026)
2.4 Market Breakdown & Data Triangulation
2.5 Market Share Estimation
2.6 Assumptions For The Study
2.7 Limitations
2.7.1 Methodology-Related Limitations
2.8 Risk Assessment
Table 1 Risk Assessment: Biosurgery Market

3 Executive Summary
Figure 10 Biosurgery Market, By Product, 2021 Vs. 2026 (Usd Million)
Figure 11 Biosurgery Market, By Application, 2021 Vs. 2026 (Usd Million)
Figure 12 Biosurgery Market, By End User, 2021 Vs. 2026 (Usd Million)
Figure 13 Geographical Snapshot Of The Biosurgery Market

4 Premium Insights
4.1 Biosurgery Market Overview
Figure 14 Increasing Need To Manage Blood Loss In Patients And Focus On The Launch Of New Products To Drive Market Growth
4.2 Asia Pacific: Biosurgery Market For Natural Sealants & Adhesives, By Type And Country (2020)
Figure 15 Fibrin-Based Sealants & Adhesives Segment Accounted For The Largest Share Of The Asia Pacific Market In 2020
4.3 Biosurgery Market: Geographic Growth Opportunities
Figure 16 China To Register The Highest Revenue Growth During The Forecast Period
4.4 Biosurgery Market, By Region (2019–2026)
Figure 17 North America Will Continue To Dominate The Biosurgery Market During The Forecast Period
4.5 Biosurgery Market: Developed Vs. Developing Markets
Figure 18 Developing Markets To Register A Higher Growth Rate During The Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Market Drivers
5.2.1.1 Increasing Volume Of Surgeries And Growing Prevalence Of Severe Trauma Injuries
Table 2 Uk: Increase In The Number Of Cardiac Surgical Procedures Performed
5.2.1.2 Strong Focus On R&D Leading To The Launch Of Technologically Advanced Products
5.2.1.3 Rising Need For Effective Blood Loss Management In Patients
5.2.2 Market Restraints
5.2.2.1 High Price Of Biosurgery Products And The Rising Cost Of Surgical Procedures
5.2.3 Market Opportunities
5.2.3.1 Growing Use Of Combination Materials For Enhancing Product Efficacy
5.2.3.2 Growing Adoption Of Advanced Biosurgery Products In Emerging Markets
Table 3 Cost Of Surgical Procedures: Us Vs. India (Usd)
5.2.3.3 Growing Adoption Of Adhesive Dentistry Procedures
5.2.4 Market Challenges
5.2.4.1 Stringent Regulatory Framework
5.2.4.2 Requirement Of Skilled Personnel For The Effective Use Of Biosurgery Products

6 Industry Insights
6.1 Introduction
6.2 Industry Trends
6.2.1 Growing Focus On Organic Growth Strategies
Table 4 Number Of Product Launches By Key Players (January 2018 To June 2021)
6.2.2 Growing Demand For Dental Bone-Graft Substitutes
6.2.3 Growing Preference For Gelatin-Based Adhesives & Hydrogels In Surgical Procedures
6.2.4 Use Of Nanotechnology For Developing Next-Generation Adhesives
6.3 Regulatory Analysis
Table 5 Indicative List Of Regulatory Authorities Governing Biosurgery Products
6.3.1 North America
6.3.1.1 Us
Table 6 Us Fda: Classifications Of Medical Devices
Figure 19 Premarket Notification: 510(K) Approval For Medical Devices
6.3.1.2 Canada
Figure 20 Canada: Class Iii Medical Devices Approval Process
6.3.2 Europe
Figure 21 Europe: Ce Approval Process For Biosurgery Products
6.3.3 Asia Pacific
6.3.3.1 Japan
Table 7 Japan: Classification Of Medical Devices And The Reviewing Body
6.3.3.2 China
Table 8 Nmpa Medical Devices Classification
6.3.3.3 India
Table 9 India: Classification Of Biosurgery Products
6.4 Porter’s Five Forces Analysis
Table 10 Porter’s Five Forces Analysis
6.4.1 Threat Of New Entrants
6.4.2 Threat Of Substitutes
6.4.3 Bargaining Power Of Suppliers
6.4.4 Bargaining Power Of Buyers
6.4.5 Intensity Of Competitive Rivalry
6.5 Pricing Analysis
Table 11 Average Selling Price For Biosurgery Products
6.6 Technology Analysis
6.7 Ecosystem Analysis
Figure 22 Biosurgery Market: Ecosystem Analysis
6.8 Value Chain Analysis
Figure 23 Value Chain Analysis: Maximum Value Is Added During The Manufacturing Phase
6.9 Patent Analysis
6.9.1 Patent Publication Trends For Biosurgery
Figure 24 Patent Publication Trends (January 2011–June 2021)
6.9.2 Jurisdiction And Top Applicant Analysis
Figure 25 Top Applicants & Owners (Companies/Institutions) For Biosurgery Patents (January 2011 To June 2021)
Figure 26 Top Applicant Countries/Regions For Biosurgery Patents (January 2011 To June 2021)
Table 12 List Of Few Patents In The Biosurgery Market, 2020–2021
6.10 Covid-19 Impact On The Biosurgery Market

7 Biosurgery Market, By Product

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