Asia Pacific Orthopedic Biometrial Market is Expected to Grow at a CAGR of ~ 12.6% by 2023

Market Research Future published a half-cooked research report on Asia Pacific orthopedic biomaterial market. Asia Pacific Orthopedic Biometrial Market is Expected to Grow at a CAGR of ~ 12.6% by 2023

Asia Pacific Orthopedic Biomaterial Market Information, By Type Of Material (Metal, Non-Metal), By Application (Joint Replacement, Fracture Fixation Devices, Tissue Fixation, Spine Implants Viscosupplementation, And Others), And By End Users (Hospital, Clinics) - Forecast Till 2023

Biomaterials are used in the orthopedic treatment. Being inert in nature they are used in the manufacturing of different implants. Many medical implants such as dental implants, knee and hip implants, heart valves and others are prepared by biomaterials. Increasing number of orthopedic surgeries, increasing geriatric population in countries like India and China, increasing prevalence of diseases such as arthritis and osteoporosis have also contributed to the growth of the market. Introduction of titanium implants has minimized the failure of the treatment, which drive the market. High cost of treatment, long approval time for the products, and stringent regulatory laws may hamper the growth of the market over the corresponding period.

Sample Report Available at https://www.marketresearchfuture.com/sample_request/643 .

Orthopedic biomaterials market is segmented on the basis of type of material, which is segmented into metals and non-metals. The metals are further segmented into stainless steel, titanium alloy, cobalt alloy, and others. The non-metal are further segmented into ceramic, polymeric, natural biomaterials, and others. The ceramic are sub-segmented into alumina, calcium phosphate, zirconium dioxide, carbon, and other. The polymeric non-metals are sub segmented into polymethylmethacrylate (PMMA), polyethylene, silicone, polyester, and other. The natural biomaterials are sub-segmented into collagen, chitin & chitosan, and other

On the basis of application, the market is segmented into joint replacement, fracture fixation devices, tissue fixation, spine implants, viscosupplementation, and others. The joint replacement is sub-segmented into hip replacement, knee replacement, shoulder and elbow replacement, and other. Tissue fixation is sub-segmented into interference screws, suture anchors and others. Spine implants are further sub-segmented into spine fusion and other. The fracture fixation devices are sub-segmented into screws, plates for bones, rods, and other.

On the basis of end users, the market is segmented into hospital, clinics, and others.

Key Players

Some of the major players in the Asia Pacific orthopedic biomaterial market are Kyocera Corporation (Japan), Materion Corporation (US), S&V Technologies (Germany), Rayner (UK), InVision Biomedical (US), Covestro (Germany), Invibio Ltd. (U.K.), Royal DSM (Netherlands), BASF SE (Germany), Corbion N.V. (Netherlands), CeramTec (Germany), Tianjin Walkman Biomaterial Co. (China), Kanghui Holdings (China), Johnson & Johnson Services, Inc. (US), Cam Bioceramics B.V. (Netherland), Xian Airfoil Technology Co (China).

Since the cost of the orthopedic biomaterial treatment is high, many manufacturers are focusing on introducing the better and the cost-effective product in the market. Acquisitions, collaborations, and new product launch and expansion are major strategies adopted by some of the players to achieve growth in this market.

Royal DSM, a Dutch multinational company, is active in nutrition, health and materials headquartered in Netherlands. Dyneema Purity is the leading material for use in high-strength orthopedic sutures by the company. Bionate, CarboSil are some of the common polyurethanes manufactured by the company. In 2015, Royal DSM has acquired Cubic Tech.

Materion Corp., the US headquartered multinational company, is specialized in the development of high performance engineered materials. Trident and accolade are the hip implants manufactured by the company.

 Browse complete report at https://www.marketresearchfuture.com/reports/asia-pacific-orthopedic-biometrial-market-643 .

Regional analysis

China dominates the Asia Pacific orthopedic biomaterial market owing to the presence of huge geriatric population, high healthcare spending, and high incidents of medical emergency. According to the Asian Development Bank, in 2015, over 200 million people was over 65 years in Asia Pacific region. Apart from this, increasing number of medical emergencies, and increasing healthcare spending have paved way for the growth of the market.

India accounts for the second largest market owing to the presence of huge population base and increasing government support for research & development. Other regions in Asia Pacific holds a limited market share.

Table Of Contents

1 Report Prologue

2 Market Introduction

2.1 Introduction

2.2 Scope Of Study

2.3 Research Objective

2.4 Assumptions & Limitations

2.4.1 Assumptions

2.4.2 Limitations

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

4 Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

5 Market Factor Analysis

5.1 Porter’s Five Forces Model

5.1.1 Bargaining Power Of Suppliers

5.1.2 Bargaining Power Of Buyers

5.1.3 Threat Of New Entrants

5.1.4 Threat Of Substitutes

5.1.5 Intensity Of Rivalry

5.2 Supply Chain Analysis

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact us
Market Research Future
Maharashtra, India
+1 646 845 9312
Email: sales@Marketresearchfuture.Com

This release was published on openPR.