Orthopedic Biomaterial Market Growth is Accelerated by Revolutionary Steps Taken by Key Players

 Growing incidence of musculoskeletal disorders is a significant factor driving global orthopedic biomaterial market growth  

The Orthopedic Biomaterial Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Orthopedic Biomaterial market. The report offers in-depth research and assessment of the key elements of the global Orthopedic Biomaterial market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Orthopedic Biomaterial market.

Market Size – USD 14.39 Billion in 2020, Market Growth – at a CAGR of 9.4%, Market Trends – Growing geriatric population

The growing geriatric population is significantly driving demand for orthopedic biomaterials due to rising prevalence of conditions such as osteoarthritis and osteoporosis that can significantly impair the well-being of elderly individuals. By 2050, around 16% of the global population is expected to  be aged 65 years and over.

 According to World Health Organization (WHO), the European Union (EU) Commission, and United Nations (UN), aging poses a substantial societal challenge, which requires focused efforts to meet needs of the elderly. Growing worldwide recognition of multi-morbidity of the geriatric population such the musculoskeletal disorders is fueling growth of the orthopedic biomaterial market.

Click Here-https://www.emergenresearch.com/industry-report/orthopedic-biomaterial-market

The all-inclusive report on the Global Orthopaedic Biomaterial Market added by Emergen Research demonstrates that the global Orthopaedic Biomaterial market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Orthopaedic Biomaterial market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market.



 

Orthopedic biomaterials in bio-resorbable tissue fixation find wide use to treat fractures and other orthopedic disorders due to various benefits such as elimination of procedures involving hardware removal, restriction of stress-shielding, and gradual load transfer to healing fractured tissues.

Orthopedic biomaterials market revenue in Asia Pacific is expected to register the fastest CAGR during the forecast period attributed to rising incidence of chronic orthopedic conditions and increasing investments in healthcare infrastructure development in developing economies. Additionally, rising disposable income and growing demand for novel orthopedic surgical solutions are fueling market growth in the region.

Ceramic biomaterials are garnering significant traction in the market, attributed to their biocompatibility and improved corrosion resistance. Ceramic biomaterials find application to promote the regeneration of bones or replace bones. Additionally, nano-bioceramics holds vast potential in tissue regeneration and restoration of physiological functions of the human body.

Evonik Industries AG, Zimmer Biomet, Matexcel, Globus Medical, Stryker Corporation, DSM Biomedical, Invibio Ltd., CAM Bioceramics BV, DePuy Synthes, and ExaTech Inc.

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