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Rising Prevalence Of Chronic Conditions Boosts Growth In The Bio-Implant Market: A Key Catalyst Accelerating Bio-Implants Market Growth in 2025
Bio-Implants
Bio-Implants Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been a robust growth in the bio-implants market size in past few years. The market valuation is predicted to increase from $125.48 billion in 2024 to $137.99 billion in 2025, with a compound annual growth rate (CAGR) of 10.0%. The historical growth trend can be credited to factors such as an aging population, rise of chronic diseases, an increase in surgical procedures, longer life expectancy, and regulatory support and standards.
Bio-Implants Market Size Forecast: What's the Projected Valuation by 2029?
The market size for bio-implants is predicted to experience significant expansion in upcoming years, reaching a value of $210.36 billion in 2029. This corresponds to a compound annual growth rate (CAGR) of 11.1%. Contributing factors to this growth throughout the forecast period are factors such as the rise of customization and personalization, the increasing popularity of minimally invasive procedures, the shift towards regenerative medicine, developments in remote monitoring and telemedicine, and a supportive regulatory atmosphere. Noteworthy trends for the forecast period encompass personalized and customized implants, advancements in biomaterials, the rise of biodegradable and bioresorbable implants, progress in regenerative medicine and tissue engineering, and the emergence of smart implants and wearable technologies.
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What Are the Drivers Transforming the Bio-Implants Market?
The escalating incidence of long-term diseases is anticipated to propel the growth of the bio-implant market. These long-term diseases, like heart diseases and arthritis, are enduring illnesses that last over a year, necessitate regular medical attention, and hinder everyday activities. Bio-implants aid in managing these persistent diseases thereby reducing the mortality rates associated with them. To illustrate, the Australian Institute of Health and Welfare announced in July 2024, that in 2022 chronic obstructive pulmonary disease (COPD) had led to 7,691 deaths in Australia, equating to 29.6 deaths per 100,000 individuals, and making up 4.0% of the total deaths. Hence, the escalating incidence of long-term diseases is driving the expansion of the bio-implant market.
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What Long-Term Trends Will Define the Future of the Bio-Implants Market?
In the bio-implant market, technological advancements are becoming the main driving trends. The focus of leading players is shifting towards the invention and improvement of biomaterial technologies like 3D printing for bio-implant systems. Rather than using traditional metals and polymers, this additive manufacturing method generates 3D structures that act similarly to 3D tissues, utilizing cells and biomaterials. For instance, in March 2022, Evonik Industries AG, a specialist chemical company based in Germany, introduced the osteoconductive VESTAKEEP iC4800 3DF PEEK filament for 3D printed implants. Guided by 3D-printing technology, this product promises better osteointegration between the bone and implant, speeding up bone healing. Plus, the polymer demonstrates excellent biocompatibility, biostability, and superior osteoconductive properties.
Which Segments in the Bio-Implants Market Offer the Most Profit Potential?
The bio-implants market covered in this report is segmented -
1) By Type: Cardiovascular Implants, Dental Implants, Spinal Bio-Implants, Orthopedic Implants, Ophthalmic Implants, Other Types
2) By Material: Metallic, Ceramic, Polymer, Biological
3) By Origin: Allograft, Autograft, Xenograft, Synthetic
4) By End-User: Ambulatory Surgical Centers, Clinics, Hospital, Other End-Users
Subsegments:
1) By Cardiovascular Implants: Stents, Heart Valves, Pacemakers
2) By Dental Implants: Endosteal Implants, Subperiosteal Implants, Zygomatic Implants
3) By Spinal Bio-Implants: Spinal Fusion Devices, Intervertebral Discs, Spinal Rods And Plates
4) By Orthopedic Implants: Joint Replacement Implants, Fracture Fixation Devices, Bone Plates And Screws
5) By Ophthalmic Implants: Intraocular Lenses (IOLs), Retinal Implants, Corneal Implants
6) By Other Types: Cochlear Implants, Tissue Engineering Implants, Biomaterial Scaffolds
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Which Firms Dominate the Bio-Implants Market by Market Share and Revenue in 2025?
Major companies operating in the bio-implants market are Medtronic PLC, Stryker Corporation, Zimmer Biomet Holdings Inc., Dentsply Sirona Inc., Johnson & Johnson, Arthrex Inc., Boston Scientific Corporation, Smith & Nephew PLC, B. Braun Melsungen AG, Victrex PLC, Straumann Holding AG, Danaher Corporation, Cardinal Health Inc., Organogenesis Holdings Inc., Exactech Inc., Osprey Medical Inc., Edwards Lifesciences Corporation, Biotronik SE & Co. KG, aap Implantate AG, Abbott Laboratories, Biotronik Inc., Cook Medical LLC, Globus Medical Inc., Integra LifeSciences Holdings Corporation, LivaNova PLC, MicroPort Scientific Corporation, NuVasive Inc., Orthofix Medical Inc., RTI Surgical Holdings Inc., Terumo Corporation
Which Regions Offer the Highest Growth Potential in the Bio-Implants Market?
North America was the largest region in the bio-implants market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bio-implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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