Bioimplants Market

Bioimplants Market was estimated at USD 80,300 Million in 2017 and predicted to grow at 6.9% CAGR during the forecast period.

Bioimplants are medical device or tissues that are made up by using bioengineered process. Bioimplants are widely used in cardiovascular, dental and orthopedic therapeutic application. Bioimplants are used for replacement procedures and organ transplant which enhance the functionality of affected body organs. These implants can be temporary and permanent in nature.

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Rising aging population, advancements in bioengineering technologies, and increasing awareness about minimally invasive treatments are the major factors that are fuelling the growth of bioimplants market. For instance, a large section of the aging population needs dental implants for restorative care, thereby, stimulating the demand for dental bioimplants. Furthermore, the lifestyle-related chronic diseases such as metabolic disorders, cardiovascular diseases, and rheumatoid arthritis are propelling the demand for bio-implants across the globe. However, the high cost of bio-implants, the dearth of skilled healthcare professionals and inadequate reimbursement policy in developing regions such as India and China are hampering the growth of bioimplants market during the forecast period.

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Various notable players operating in the market, include Tornier N.V., Biomet, Inc., Smith & Nephew, Boston Scientific Corporation, Stryker Corporation, St. Jude Medical, Inc., Synthes Holding AG, and Medtronic, among others. Most of the company are focusing on strategic collaboration with the healthcare service provider for the expansion of their business across the globe.

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The global bioimplants market has been segmented on the basis of product type, end-user, and key geographies. Based on product type, the market comprises of cardiovascular bioimplants, dental bioimplants, ophthalmic bioimplants, orthopedic bioimplants, and others. On the basis of end-user, the market is segmented into hospitals, ambulatory surgical centers and others.

The research report “global bioimplants market” provides in-depth analysis of global bioimplants market based on product type, end-user and major geographies for the forecast period from 2018 to 2025. The report also highlights the major market drivers propelling the growth as well as challenges faced by market participants. The research report provides market size and forecast for the global bioimplants market. In addition, the report also analyses the competitive landscape, major players and their strategies in 2018. The competitive landscape section of the report captures and highlights the recent developments in the market.

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Key questions answered in this research report:

1. At what pace is bioimplants market growing? What will be the growing trend in the future?
2. What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3. What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the bioimplants market?
4. What are the various application areas and how they are poised to grow?

Market Segmentation

Product Type

• Cardiovascular Bioimplants
• Dental Bioimplants
• Ophthalmic Bioimplants
• Neurostimulation Bioimplants
• Orthopedic Bioimplants
• Others

End-Users

• Hospitals
• Ambulatory Surgical Centers
• Others

Geography

• North America
As a part of the customization
o By product type
o By End users
o US
o Canada
o Mexico

• Europe
As a part of the customization
o By product type
o By End users
o UK
o Germany
o Spain
o Rest of Europe

• Asia-Pacific
As a part of the customization
o By product type
o By End users
o China
o Australia
o India
o Rest of APAC

• ROW
As a part of the customization
o By product type
o By End users
o Brazil
o South Africa
o GCC countries
o Rest of world (remaining countries of the LAMEA region)

Leading market players
• Tornier N.V.
• Biomet, Inc.
• Smith & Nephew
• Boston Scientific Corporation
• Stryker Corporation
• St. Jude Medical, Inc.
• Synthes Holding AG
• Medtronic

*Other prominent players in the market which can be profiled as a part of customization:
Arthrex, Inc.
LifeNet Health
MiMedx Group Inc.