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Asia-Pacific Osseointegration Implants Market Set for Rapid Expansion in Future
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One of the key growth drivers of the osseointegration implants market is the growing incidence of SCIs. For instance, according to the National Spinal Cord Injury Statistical Center (NSCISS), the United States records around 17,900 new SCI cases each year. In 2020, approximately 296,000 people were suffering from SCI in the country. Most of these injuries are caused by road accidents. Owing to this reason, governments and other private organizations in several countries are providing reimbursement support for surgeries.
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The material type segment of the osseointegration implants market is categorized into polymeric biomaterials, metallic biomaterials, ceramic biomaterials, and others. In 2017, the metallic biomaterials category generated the highest revenue, due to the biochemical properties of such materials. As compared to other implants, metallic implants offer better finishing and are easier to sterilize and process. Whereas, the ceramic biomaterials category is expected to witness the fastest growth throughout the forecast years, due to the biocompatibility, aesthetic appearance, and tribological properties of such materials.
Thus, the surging cases of SCIs and rising shift toward titanium implants will augment the demand for osseointegration implants in the foreseeable future.
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