Press release
Orthopedic Biomaterials Market Trends, Strategies, Opportunities For 2023-2032| Zimmer Biomet Holdings Inc., Stryker Corporation, Victrex PLC (Invibio Ltd.), Globus Medical Inc., CAM Bioceramics B.V.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the orthopedic biomaterials market report by The Business Research Company the rise in the incidence of musculoskeletal disorders will continue to be a driver of the orthopedic biomaterials market. According to the World Health Organization (WHO) report, musculoskeletal conditions are the leading contributor to disability worldwide. About 20-33% of the population suffer from a musculoskeletal disability. Musculoskeletal disorders induce fractures, swelling, and discomfort in the joints, ligaments, and tendons that cause movement disabilities. The burden of musculoskeletal conditions is known to increase with age.
The global orthopedic biomaterials market grew from $16.9 billion in 2022 to $18.62 billion in 2023 at a compound annual growth rate (CAGR) of 10.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The orthopedic biomaterials market is expected to grow from $29.69 billion in 2027 at a CAGR of 12.4%.
Read More On The Orthopedic Biomaterials Market Report Here:
https://www.thebusinessresearchcompany.com/report/orthopedic-biomaterials-global-market-report
Major competitors in the Orthopedic Biomaterials market include Zimmer Biomet Holdings Inc., Stryker Corporation, Victrex PLC (Invibio Ltd.), Globus Medical Inc., CAM Bioceramics B.V
The Orthopedic Biomaterials market is segmented -
• By Material Type: Ceramics & Bioactive Glasses, Calcium Phosphate Cements, Polymers, Metal, Composites.
• By Application: Orthopedic Implants, Joint Replacement/Reconstruction, Bio-Resorbable Tissue Fixation, Orthobiologics, Viscosupplementation.
• By End-User: Hospitals, Clinics, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Orthopedic.
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Orthopedic biomaterials are materials intended to be inserted into the human body as constituents of devices designed to perform certain biological functions by either substituting or repairing various tissues, such as bones, cartilage, ligaments, tendons, and others.
The Table Of Content For The Orthopedic Biomaterials Market Include:
1. Executive Summary
2. Orthopedic Biomaterials Market Characteristics
3. Orthopedic Biomaterials Market Trends And Strategies
4. Orthopedic Biomaterials Market - Macro Economic Scenario
5. Orthopedic Biomaterials Market Size And Growth
……
26. Africa Orthopedic Biomaterials Market
27. Orthopedic Biomaterials Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Orthopedic Biomaterials Market
29. Orthopedic Biomaterials Market Future Outlook and Potential Analysis
30. Appendix
The "Global Orthopedic Biomaterials Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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