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Biosurgery Market Analysis, Trends, Growth, Research And Forecast 2032
Biosurgery Market
The Business Research Company's Biosurgery Global Market Report 2023 identifies the increase in the prevalence of chronic disease
as the major driver for the biosurgery market's growth in the forecast period. Chronic disease refers to health problems that persist for a year or longer and necessitate continuing medical care, restricting everyday activities, or both. The main causes of death and disability in the US are chronic diseases like diabetes, cancer, and heart disease. Biosurgery is used to eliminate dead tissue, lower the risk of infection, and speed up the healing process for chronic wounds.
The global biosurgery market size is expected to grow from $12.97 billion in 2022 to $14.10 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. 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 global biosurgery market size is expected to reach $18.83 billion in 2027 at a CAGR of 7.4%.
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Major competitors in the biosurgery market are Baxter International Inc., B. Braun SE, Becton, Dickinson and Company, Hemostasis LLC, Integra LifeSciences Corporation, Medtronic Plc, Johnson & Johnson Services Inc., Stryker Corporation, CSL Limited, Pfizer Inc., CryoLife Inc., Aroa Biosurgery Limited, Tissue Regenix, Smiths & Nephew Plc., C.R. Bard, Zimmer Biomet, Kuros Biosciences AG, and Orthofix Medical Inc.
A key trend in the biosurgery market includes product innovations. Major companies operating in the biosurgery market are developing product innovations to strengthen their position in the market. For instance, in April 2021, Aroa Biosurgery, a New Zealand-based manufacturer of medical and surgical products, launched Myriad Morcells™, a Myriad Matrix™ morcellized (powder) configuration that easily adapts to improve interaction with uneven wound beds. It provides a burst of biologically significant ECM proteins in a format that fits the specifics of a wound in order to 'kick start' healing. A multi-layered extracellular matrix (ECM) graft with a high volume and surface area that has interstitial spaces that are quickly and easily accessible to cells is called Myriad MatrixTM. It makes use of the Aroa ECM™ bioscaffold technology, which incorporates crucial secondary chemicals and lingering vascular channels to assist the formation of new tissue.
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The biosurgery market is segmented -
• By Product: Bone-Graft Substitutes, Soft-Tissue Attachments, Hemostatic Agents, Surgical Sealants and Adhesives, Adhesion Barriers, Staple Line Reinforcement
• By Source: Natural or Biologics Products, Synthetic Products
• By Application: Orthopedic Surgery, General Surgery, Neurological Surgery, Cardiovascular Surgery, Gynecological Surgery, Other Applications
• 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 biosurgery market.
The Business Research Company's "Global Biosurgery Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Biosurgery Market Include:
1. Executive Summary
2. Biosurgery Market Characteristics
3. Biosurgery Market Trends And Strategies
4. Biosurgery Market - Macro Economic Scenario
5. Biosurgery Market Size And Growth
……
26. Africa Biosurgery Market
27. Biosurgery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Biosurgery Market
29. Biosurgery Market Future Outlook and Potential Analysis
30. Appendix
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