Global Bio-implants Market Analysis, Growth, Trends & Forecast 2018-2023, With an Expected CAGR of 8.5% - ResearchAndMarkets.com

DUBLIN--()--The "Global Bio-implants Market - Segmented by Type of Bio-implants, Material, Origin, and Geography - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global bio-implants market is expected to register a CAGR of around 8.5% during the forecast period, 2018 to 2023.

The market of bio-implants is primarily driven by the rising incidence of chronic diseases and lifestyle-related disorders. Bio-implants help in better management and specific drug delivery in conditions, such as obesity, infections, and musculoskeletal disorders. For example, bio-implants provide a unique and specific drug delivery for the skeletal system. In case of chronic osteomyelitis and deep soft-tissue infections, beads and spacers with high antibiotic concentrations are useful in treatment, by avoiding systemic side effects.

The reimbursement issue is one of the major problems being tackled by many hospitals and patients operating on bio-implants. This is one of the major factors that hinders the growth of this market. For example, in case of spine surgeries, the hospitals lose a lot of money due to lack of proper reimbursements. Similarly, Medicare covers only the diagnostic audiology services in case of cochlear and brain stem implants. Hence, there has been a huge rise in the cost, whereas, reimbursement reduced.

The MEA has witnessed a rising production of bio-implants, which makes it a potential market in the forecast period. North America is expected to have the largest market share for bio-implants due to a large number of payers in bio-implant and strong healthcare infrastructure. North America is followed by Europe, due to rising technological advancements and considerably high geriatric population in the region.

Companies Mentioned

  • Abbott
  • Boston Scientific Corporation
  • Dentsply Sirona
  • Depuy Synthes
  • Invibio Ltd
  • Medtronic Inc.
  • Smith & Nephew Plc
  • Stryker Corporation
  • Wright Medical Group Nv
  • Zimmer Biomet

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Key Inferences

5. Market Overview

6. Drivers, Restraints, Opportunities and Challenges Analysis (DROC)

7. Market Segmentation

8. Competitive Landscape

9. Key Players

10. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/h3xmht/global?w=4

Contacts

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Related Topics: Biomaterials

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Biomaterials