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Bio-Implants Market

Market Insights on Bio-Implants covering sales outlook, demand forecast & up-to-date key trends

Bio-Implants Market by Product, Material, Origin, End User & Region - Forecast 2022 - 2032

Bio-Implants Market Overview 2022 - 2032

Global bio-implants market was valued at around US$ 117.3 Bn at the end of 2021. The market is projected to register a 10.0% CAGR and top a valuation of US$ 126.7 Bn by 2032.

“Increasing dental implants, rapidly improving healthcare infrastructure and increasing prevalence of chronic health disorders are expected to uplift the bio-implants market growth.”

Bio-Implants are prosthetic devices used to replace, enhance or support a biological structure. They are composed of several biosynthetic components such as tissue-engineered products and collagen such as synthetic skin. The development of technology in the healthcare sector has led to a large increase in the market for bio-implants throughout the years. Although the healthcare sector has had significant technical advancements over the years, the advent of serious medical conditions has complicated the bio-implants market.

Attributes

Details

Bio-Implants Market Value in 2021

US$ 117.3 Bn

Bio-Implants Market Value in 2032

US$ 126.5 Bn

Bio-Implants Market CAGR (2022-2032)

10.0%

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What are the Major Drivers Boosting the Demand for Bio-Implants Market?

The global market for bio-implants is anticipated to grow as a result of the rising prevalence of chronic health diseases particularly in the geriatric population and increasing disposable incomes. The healthcare infrastructure in developed and developing countries is expected to continue to rapidly improve, propelling the market for bio-implants to significant growth rates. Additionally, increasing awareness about the effectiveness of cosmetic implants and technological advancements. The market for bio-implants is rising due to an increase in dental problems worldwide. Due to the rising prevalence of cardiovascular and orthopedic problems, orthopedic artificial implants and cardiac pacemakers are in demand.

Which Region Shows Strong Growth Potential in the Bio-Implants Market?

The established economy of North America is anticipated to drive demand for bio-implants, followed by Europe and other regions. The overall sales of bio-implant control in North America are anticipated to increase as the robust healthcare infrastructure, increased awareness of cosmetic implants and major key players in the bio-implants market in this region. Furthermore, with technological advancements in healthcare, increased demand for nonsurgical bio-implants, and a rising geriatric population, Europe is the world's second-largest market for bio-implants.

Moreover, as a result of the large production of bio-implants in numerous therapeutic fields and the rising prevalence of chronic diseases, the MEA region has the potential to be a market for bio-implants.

Sabyasachi Ghosh
Principal Consultant
LinkedIn
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Who are the Key Players in the Bio-Implants Market?

Some of the market players operating in the bio-implants market are LifeNet Health, Smith & Nephew, Arthrex, Inc., Clinic Lemanic, Alpha Bio Tec, MiMedx Group, Medtronic, St Jude Medical (Abbott), Stryker Cooperation, DePuy Synthes, Biomet (Zimmer), Exactech, Inc., Cochlear Ltd, Straumann AG. and others.

Scope of Report

Report Attributes

Details

Growth Rate

CAGR of 10.0% 2022-2032

Base Year for Estimation

2021

Historical Data

2012-2021

Forecast Period

2022-2032

Qualitative Units

Revenue in USD Billion, Volume in Units and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segment Covered

  • Product
  • Material
  • Origin
  • End User
  • Region

Region Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Key Countries Profiled

  • U.S
  • Canada
  • Brazil
  • Mexico
  • Germany
  • U.K
  • France
  • Spain
  • Italy
  • China
  • Japan
  • South Korea
  • Malaysia
  • Singapore
  • Australia
  • New Zealand
  • GCC
  • South Africa
  • Israel

Key Players

  • LifeNet Health
  • Smith & Nephew
  • Arthrex, Inc.
  • Clinic Lemanic
  • Alpha Bio Tec
  • MiMedx Group
  • Medtronic,
  • St Jude Medical (Abbott)
  • Stryker Cooperation
  • DePuy Synthes
  • Biomet (Zimmer)
  • Exactech, Inc.
  • Cochlear Ltd
  • Straumann AG

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Key Segments Covered in the Bio-Implants Industry Survey

By Product:

  • Cardiovascular Implants
  • Dental Implants
  • Spinal Bio-implants
  • Orthopaedic Implants
  • Ophthalmic Implants
  • Others

By Material:

  • Ceramics
  • Polymers
  • Alloys
  • Biomaterials Metals

By Origin:

  • Autograft
  • Allograft
  • Xenograft
  • Synthetic

By End User:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa

Frequently Asked Questions

The global bio-implants market is anticipated to register a CAGR of 10.0% during the forecast period.

The top players in the global bio-implants control market are LifeNet Health, Smith & Nephew, Arthrex, Inc., Clinic Lemanic, Alpha Bio Tec, MiMedx Group, Medtronic, St Jude Medical (Abbott), Stryker Cooperation, DePuy Synthes, Biomet (Zimmer), Exactech, Inc., Cochlear Ltd, Straumann AG.

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Sabyasachi Ghosh
Principal Consultant
LinkedIn
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Find your sweet spots for generating winning opportunities in this market.

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