(PharmaNewsWire.Com, December 22, 2017 ) According to the report North America Bio Surgery Market, published by Market Data Forecast, the North America market is projected to reach USD 9.73 billion by 2021, at a CAGR of 8.24% from 2016 to 2021.
Bio Surgery works on the principle of facilitating homeostasis and tissue healing in surgery. Bio Surgery is defined as the utilization of biomaterials, therapeutic and sophisticated device technologies in order to improve the health patients that are under post-surgical care or in the field of orthopaedics.
The applications of Bio Surgery in healthcare and medicine are numerous. It finds applications in the process of hard tissue regeneration, as an anti-adhesive agent, as a haemostatic agent and as a surgical sealant. Recent developments include a bone graft implantation made up of polyetheretherketone and synthetic hydrogel technologies, which is a combination of bio active products such as sealant and orthobiologics.
North America Bio Surgery Market: Drivers & Restraints The North American Bio Surgery Market is expected to grow at a rapid pace due to the rise in the geriatric population and the growing awareness among individuals about the potentials of bio surgery. A rise in the number of sport and spine related injuries is yet another driver for the market. Other drivers include increase in per capita healthcare expenditure and increase in cases of lifestyle disorders. As for the constraints of the market, the high costs and preference towards minimally invasive methods are the main setbacks.
By Type Sealants o Natural o Synthetic and Semi-Synthetic Haemostatic Agents Adhesion Barriers o Synthetic o Natural Soft Tissue Attachments o Synthetic Meshes o Biological Meshes Bone Graft Substitutes o Bone Allografts o Demineralized Bone Matrix o Bone Morphogenetic Proteins o Synthetic Bone Grafts Staple Line Reinforcement Agents
By Application Orthopaedic General Neurological Cardiovascular Reconstructive Gynaecological Urological Thoracic
North America Bio Surgery Market: Overview The growing incidence of sports related injuries in the region unravels a host of new opportunities for Bio Surgery and its related applications. Recent developments in the medical field have led to a boom in the Bio Surgery market. Sealants had the highest market share among the segments and is also expected to show the highest growth rate in the forecast years.
North America Bio Surgery Market: Region-wise Outlook The North America market is expected to grow at a fast pace with consistent economic development, increasing growth in healthcare facility, and rising prevalence of cancer. The North America market is analysed under USA and Canada. The North American market is the largest market for Infectious Disease Therapeutics with a market share of around 37%. Within the market, the US has the highest market share whereas Canada is growing at a faster rate among the two countries.
Key Questions Answered What is the current and future Bio Surgery market outlook in North America? What trends are affecting the North America market? What is the competitive landscape and market share of major players in the Bio Surgery market space in North America? What are the key, high growth markets that Bio Surgery systems manufacturers should expand into? Which market segments are growing the fastest? What are the unmet needs with the Bio Surgery systems currently on the market? How will emerging technologies fulfil these unmet needs? What is physician perception and market outlook of Bio Surgery? What are the challenges and barriers that have hindered widespread adoption of Bio Surgery systems?
North America Bio Surgery Market: Key Players Some of the key players influencing the North America Bio Surgery market are Baxter International, C.R. Bard, Johnson & Johnson, Covidien plc. Getinge Group, B. Braun Melsungen AG, Cryolife Inc., Stryker Corporation, Hemostasis LLC., and Sanofi Group.
Reasons to buy North America Bio Surgery Market Report: Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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