Infinium Global Research

COVID-19 Impact Review: What to Expect from Bio-Implants Industry in Global?: Know the Challenges and Trend Analysis

Bio-implants Market (Type - Cardiovascular Implants, Orthopedic Implants, Spinal Implants, Ophthalmic Implants, and Other Implants; Material - Ceramic, Polymers, Biomaterial Metal, and Alloys; End User - Hospital, Research Center, and Other End Users): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

 

Pune, India -- (SBWIRE) -- 05/06/2020 -- Infinium Global Research has recently published a global report on "Bio-implants Market (Type - Cardiovascular Implants, Orthopedic Implants, Spinal Implants, Ophthalmic Implants, and Other Implants; Material - Ceramic, Polymers, Biomaterial Metal, and Alloys; End User - Hospital, Research Center, and Other End Users): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025." The global bio-implants market is projected to grow at a CAGR of 4.2% over the forecast period of 2019-2025.

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Growing Number of Dental Patients Drives the Growth of the Bio-Implants Market

The increasing demand of the bio-implants for the non-surgical or minimally invasive in various medical disciplines is the factor enhancing the growth of the market. In addition, bio-implants are easier as a well a more effective alternative to a root canal procedure for dental patients. Thereby, the growing number of dental patients drives the growth of the market.

For instance, in 2017, according to the global burden of disease study 3.5 million people were affected by oral diseases such as dental caries and various tooth problems globally. On the other hand, according to the International Agency for Research on Cancer, oral cancer is in the top three types of cancers in the Asia Pacific.

Increasing Oral Cancer Disease Propels the Growth in the Industry

Hence, increasing oral cancer disease propels the growth of the bio-implants market. Rising adoption of the sanitary lifestyle of the people is the major cause of numerous chronic disorders such as congenital & neuropathic disorders, CVD, and osteoarthritis. This has pushed the demand for bio-implants across the globe. For instance, in 2018, in U.s, the American Heart Association, around 836,546 death of the cardiovascular disease patient had been estimated.

Rise in Government Funding in Healthcare Offers Favorable Opportunities

Increasing technological advancement in the manufacturing of bio-implants by the manufacturer such as 3D printing, laser technology, and nanotechnology in the last decades is the factor thrusting the growth of the market. High cost associated with the bio-implants yet remains one of the major restraints to this market. Lack of favorable reimbursement issues is another factor hindering the growth of the same market. Moreover, the rise in government funding in healthcare offers favorable opportunities in this market.

"We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report Shall be Revised to 2020-2026. The Section on the Impact of COVID-19 on Bio-implants Market is Included in the Report for Free."

North America Holds the Highest Market Share in the Bio-Implants Market

Geographically, North America holds the highest market share in this market and expected to continue its growth in the forecast period. Increasing adoption of the advanced technologies in various medical disciplines and the growing number of surgical procedures are the factors propelling the growth of the bio-implant in this region. On the other hand, Europe is the second-largest market share in this market due to the rising initiative of R&D activities and growing orthopedic disorder in this region.

Asia Pacific is Expected to Grow at the Highest CAGR

Asia Pacific is expected to grow at the highest CAGR in the forecast period due to the high incidence of spinal cord injuries. For instance, according to Tokyo's Keio University's 2019 publication, due to spinal cord injuries, more than 100,000 patients in Japan were paralyzed. However, increasing the development and approval of the new technology for bio-implants such as iPS technology in this country remains one of the market opportunities for the bio-implants.

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"We Have Decided to Extend Our Support to the Industry on Account of Corona Outbreak by Offering Flat Discount 30% on All Our Studies and Evaluation of the Market Dynamics in Bio-implants Amidst COVID-19"

Bio-implants Market Coverage

Chapter - 1   Preface

=> Report Description

=> Research Methods

=> Research Approaches

Chapter - 2   Executive Summary

=> Bio-implants Market Highlights

=> Bio-implants Market Projection

=> Bio-implants Market Regional Highlights

Chapter - 3   Global Bio-implants Market Overview

=> Introduction

=> Market Dynamics

=> Porter's Five Forces Analysis

=> IGR-Growth Matrix Analysis

=> Value Chain Analysis of Bio-implants Market

Chapter - 4   Bio-implants Market Macro Indicator Analysis

Chapter - 5   Global Bio-implants Market by Type

=> Cardiovascular Implants

=> Orthopedic Implants

=> Spinal Implants

=> Ophthalmic Implants

=> Other Implants

Chapter - 6   Global Bio-implants Market by Material

=> Ceramic

=> Polymers

=> Biomaterial Metal

=> Alloys

Chapter - 7   Global Bio-implants Market by End User

=> Hospital

=> Research Center

=> Other End Users

Chapter - 8   Global Bio-implants Market by Region 2019-2025

=> North America

=> Europe

=> Asia-Pacific

=> RoW

Chapter - 9   Company Profiles and Competitive Landscape

=> Stryker Corporation

=> BIOTRONIK, Inc.

=> DentsplySirona

=> Ethicon Inc.

=> Wright Medical Group, Inc.

=> Orthofix International N.V

=> Spinal Kinetics Inc.

=> Zimmer Biomet

=> Smith & Nephew plc

=> Karl LeibingerMedizintechnik

=> Medtronic plc

Chapter - 10        Appendix

=> Primary Research Findings and Questionnaire

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