Press release
Global Bio-Implants Market is Expected to Reach US$ 175.1 Billion by 2027: IMARC Group
The global bio-implants market reached a value of US$ 107.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 175.1 Billion by 2027, exhibiting at a CAGR of 8.2% during 2022-2027.Bio-implants are bioengineered products that are utilized to replace, support, enhance or regularize physiological functions. They are made from biosynthetic materials such as collagen and tissue-engineered products like artificial skin or tissues. They are divided into three categories, namely, biological implants that comprise cell therapy, bioartificial organs and tissue engineering; biologized implants which include in-vivo cell lining, technical implants and biohybrid systems; and biofunctionalized implants that include surface-functionalized implants and drug-eluting stents.
Request for a sample copy of this research report: https://www.imarcgroup.com/bio-implants-market/requestsample
Global Bio-Implants Market Trends:
Owing to sedentary lifestyles, altering consumption patterns and inadequate nutritional intake among individuals, the prevalence of chronic conditions, such as osteoarthritis, and neuropathic, congenital and cardiovascular diseases, has increased which, in turn, is augmenting the demand for bio-implants worldwide. In addition, the geriatric population represents the biggest end user of bio-implants as elderly individuals are relatively more susceptible to coronary heart diseases, peripheral artery diseases and other age-related conditions.
Apart from this, manufacturers are developing innovative prosthetics to reduce production costs and offer customized devices to patients. Further, due to the increasing beauty consciousness, along with the improving success rate of cosmetic surgeries, there has been a rise in the number of individuals seeking bio-implants for enhancing their physical appearance.
Explore full report with table of contents: https://www.imarcgroup.com/bio-implants-market
Competitive Scenario with Key Players:
The competitive landscape of the market has also been analyzed, with some of the key players being
Abbott Laboratories, Boston Scientific Corporation, Stryker Corporation, St. Jude Medical Inc., Medtronic Inc., Smith and Nephew, Wright Medical Group, Zimmer Biomet, Dentsply Sirona, Invibio Limited, Straumann, Danaher Corporation, Cardinal Health, Johnson & Johnson, B. Braun Melsungen, LifeNet Health, Inc and Endo International plc.
Related reports:
India Dental Implants Market: https://www.imarcgroup.com/india-dental-implants-market
Blood Culture Test Market: https://www.imarcgroup.com/blood-culture-test-market
Remote Patient Monitoring Market: https://www.imarcgroup.com/remote-patient-monitorning-market
Isothermal Nucleic Acid Amplification Technology Market: https://www.imarcgroup.com/isothermal-nucleic-acid-amplification-technology-market
Telehealth Market: https://www.imarcgroup.com/telehealth-market
Bariatric Surgery Devices Market: https://www.imarcgroup.com/bariatric-surgery-devices-market
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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