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Global Orthopedic Biomaterials Market Report 2022 : Size, Share, Growth Rate, Business Module, Product Scope And Expansion 2031
Orthopedic Biomaterials Market
According to The Business Research Company's orthopedic biomaterials market report, The global orthopedic biomaterials market reached a value of nearly $11.42 billion in 2020, having increased at a compound annual growth rate (CAGR) of 10.2% since 2015. The market is expected to grow from $11.42 billion in 2020 to $22.60 billion in 2025 at a rate of 14.6%. The growth is mainly due to the growing number of chronic illnesses which is expected to drive the demand for orthopedic biomaterials. The global orthopedic biomaterials market is expected to grow from $22.60 billion in 2025 to $36.67 billion in 2030 at a CAGR of 10.2%.
Increase in prevalence of conditions such as obesity and arthritis is expected to drive the demand for orthopedic biomaterials in the forecast period. Obesity is associated with an elevated risk of musculoskeletal diseases including both degenerative and inflammatory conditions. The most significant impact of obesity on the musculoskeletal system is osteoarthritis (OA) with a high prevalence of OA among obese patients. A number of studies have focused on the relationship between obesity, OA, and total joint replacement among the elderly and younger population. According to a study published in December 2019 by Harvard T.H. Chan School of Public Health, around 40% of US adults are obese and 18% severely obese. The study also revealed that close to half of the US population is expected to be obese by 2030. Therefore an increase in the number of obese people will in turn increase the number of people suffering from arthritis conditions, thus driving the global orthopedic biomaterials market for orthopedic biomaterials during the forecast period.
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The orthopedic biomaterials market is segmented -
• By Material Type: Ceramics & Bioactive Glasses, Calcium Phosphate Cements, Polymers, Metal
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the orthopedic biomaterials market.
Major competitors in the orthopedic biomaterials market include Zimmer Biomet Holdings, Inc., Stryker Corporation, Johnson & Johnson, Smith & Nephew plc, Globus Medical, Inc.
See The Full Orthopedic biomaterials Market Report Here:
https://www.thebusinessresearchcompany.com/report/orthopedic-biomaterials-market
The orthopedic biomaterials manufacturing market consists of sales of orthopedic biomaterials by entities (organizations, sole traders, and partnerships) that manufacture orthopedic biomaterials that interact with human tissue and body fluids to treat, improve, or replace anatomical elements of the human body. Orthopedic biomaterials are natural or synthetic materials intended to be inserted in the human body, into a living tissue as a part of a medical procedure, usually along with a device. These orthopedic biomaterials may be biodegradable or non-biodegradable, and are used to support, enhance, or replace damaged tissue or a biological function without affecting the normal functions of the body.
The Table Of Content For The Orthopedic biomaterials Market Include:
1. Orthopedic biomaterials Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
…….
22. Orthopedic biomaterials Market Opportunities And Strategies
23. Orthopedic biomaterials Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Orthopedic biomaterials Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. 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. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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