U.S. Bioabsorbable Orthopedics Implants Market would grow to USD 16.93 billion by 2030

U.S. Bioabsorbable Orthopedics Implants Market report conducts analysis on consumption of market, key players involved, sales, price, revenue and market share with volume and value for each region. This industry analysis report has been prepared with a nice blend of industry insight, smart and practical solutions and newest technology to present better user experience. This global market document also encompasses predictions utilizing a practical arrangement of uncertainties and techniques. U.S. Bioabsorbable Orthopedics Implants Market analysis report comprises of better market insights with which driving the business into right direction becomes easy. In addition, it makes out and analyses the emerging trends along with major driving factors, challenges and opportunities in the market for HEALTHCARE industry.

The orthopedic implants market is expected to expand because of the rise in the elderly population across the world. As per the U.S. Census Bureau, more than 56 million adults aged 65 years and above live in the U.S., resulting in around 16.9% of the nation’s population. A huge influence by healthcare professionals by the continuous innovations of implants. The market will likely benefit in the upcoming years from rising demand for less invasive and cost-effective joint replacement surgery methods.

Data Bridge Market Research analyses a growth rate in the bioabsorbable orthopedics implants market in the forecast period 2023-2030. The expected CAGR of the bioabsorbable orthopedics implants market tends to be around 9.00% in the mentioned forecast period. The market was valued at USD 8.50 billion in 2022 and would grow to USD 16.93 billion by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Market Definition

An orthopedic implant is a medical device that replaces or supports a missing joint or bone. The medical implant is typically made up of stainless steel and titanium alloys and a plastic coating that works as an artificial cartilage. orthopaedic impalnts are widely used in minimally invasive operations to treat lumbar spinal stenosis and spinal injuries. The materials used in bioabsorbable implants can be either synthetic or natural. Also, bioabsorbable implants are specified for various indications, from ocular implants to fixations of bone grafts.

Drivers

• Growing Rate of Orthopedic Surgeries

The increasing number of orthopedic operations is increasing the growth of the market. The need for orthopedic implants is growing because of the rise in accidents, traumas, and injuries. Additionally, middle-aged bone diseases and bone density issues are also increasing. Around 7 million orthopedic surgeries occurred in the U.S. in 2021. Furthermore, elective orthopedic procedures are expected to be 47% of the total spend for orthopedic treatments. Thus, this boosts market growth.

• Growing Involvement in 3D printing technology

3D printing technology has gained a lot of attraction among medical device manufacturers for manufacturing prototypes, patient-specific implants, and biodegradable implants, which are boosting the industry forward. 3D printing in orthopedics helps understand the root causes of diseases and successfully carry out the operation. This technology can allow doctors or surgeons to design, produce, recreate, and plan operations more carefully, accurately, and economically. Thus, this factor boosts the growth of the market.

Recent Developments

• In 2021, DePuy Synthes, a branch of Johnson & Johnson, acquired OrthoSpin through its Synthes GmbH affiliate. OrthoSpin is an Israeli company that manufactures a robotic-assisted external fixation method for orthopedic treatments.
• In 2020, Medtronic announced that their Adaptix Interbody System, the first guided titanium implant with Titan nanoLOCK Surface Technology, would be available in the U.S. The company’s latest product has improved its credibility and demand in the market, leading to greater revenue in the region.

Fundamental Aim of this Market Report

• Factors influencing This Market Size and growth rate.
• Major alterations to this market in the near future.
• Notable Market rivals around the world.
• Future Scope and Product Outlook
• Future-promising emerging markets.
• The Market Presents Difficult Challenges and Threats.

Key players operating in the bioabsorbable orthopedics implants market include:

• CONMED Corporation (U.S.)
• Wright Medical Group N.V. (U.S.)
• Stryker (U.S.)
• Medtronic (Ireland)
• Smith+Nephew (U.K.)
• Zimmer Biomet (U.S.)
• Integra LifeSciences (U.S.)
• B. Braun Melsungen AG (Germany)
• Arthrex, Inc. (U.S.)
• Baxter (U.S.)
• Globus Medical (U.S.)
• DJO, LLC (U.S.)
• NuVasive, Inc. (U.S.)
• The Orthopaedic Implant Company (U.S.)
• Aesculap, Inc. (U.S.)
• Flexicare Medical Limited (Australia)
• Agilent Technologies (U.S.)
• Narang Medical Limited (India)
• Auxein Medical (India)
• Uteshiya Medicare (India)

To Gain More Insights into the Market Analysis, Browse the Summary of the Research Report@  https://www.databridgemarketresearch.com/reports/us-bioabsorbable-orthopedics-implants-market?Shri

U.S. Bioabsorbable Orthopedics Implants Market Scope

Product Type

• Reconstructive Joint Replacements
• Spinal Implants
• Dental Implants
• Orthobiologics
• Trauma and Craniomaxillofacial Implants
• Others

Biomaterial

• Ceramics Biomaterials
• Metallic Biomaterials
• Polymeric Biomaterials
• Natural Biomaterials Constipation

Procedure

• Open Surgery
• Minimally Invasive Surgery (MIS)
• Others

Device Type

• Internal Fixation Devices
• External Fixation Devices
• Orthopedic rods/wire
• Orthopedic screws
• Orthopedic plates
• Fixation pins
• Orthopedic nails sodium phosphate enemas

Application

• Neck Fracture
• Spine Fracture
• Hip Replacement
• Shoulder Replacement
• Others

End User

• Hospitals
• Orthopedic Clinics
• Home Cares
• Others

Key highlights of this Market report:

• Growth rate
• Remuneration prediction
• Consumption graph
• Market concentration ratio
• Secondary industry competitors
• Competitive structure
• Major restraints
• Market drivers
• Regional bifurcation
• Competitive hierarchy
• Current market tendencies
• Market concentration analysis

What benefits does the DBMR study is going to provide?

• Latest industry influencing trends and development scenario
• Open up New Markets
• To Seize powerful market opportunities
• Key decision in planning and to further expand market share
• Identify Key Business Segments, Market proposition & Gap Analysis
• Assisting in allocating marketing investments

1 U.S. BIOABSORBABLE ORTHOPEDICS IMPLANTS MARKET, BY PRODUCT TYPE

1.1 OVERVIEW

1.2 SCREW

1.2.1 HEX HEAD SCREWS

1.2.2 DIRECT DRIVE SCREWS

1.2.3 PUSH SCREWS

1.2.4 OTHERS

1.3 PINS & WIRES

1.3.1 BIOPOLYMER

1.3.1.1 POLYGLYCOLIDE PINS

1.3.1.2 LACTIC ACID PINS

1.3.1.3 PLGA (POLY-LACTIC CO GLYCOLIC ACID)

1.3.1.4 PLDLLA (POLY (L-LACTICIDE-CO-D,L-LACTICIDE)

1.3.1.5 POLYLACTIC ACID WIRES

1.3.2 METALLIC ALLOY

1.3.2.1 ZN-AG PINS

1.3.2.2 MAGNESIUM PINS & WIRES & OTHERS

1.3.3 OTHERS

1.4 NAILS & RODS

1.4.1 BIOPOLYMERS

1.4.2 METALLIC ALLOYS

1.4.3 OTHERS

1.5 PLATES

1.5.1 COPOLYMER

1.5.2 POLYLACTIC ACID

1.5.3 OTHERS

1.6 OTHERS

2 MATERIAL (METALLIC VS BIOABSORBABLE MATERIAL)

2.1 METALLIC

2.2 BIOABSORBABLE MATERIAL

Browse Detailed Summary of Research Report with TOC:  https://www.databridgemarketresearch.com/toc/?dbmr=us-bioabsorbable-orthopedics-implants-market&Shri

Key Benefits of the Report:

• This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
• The current market is quantitatively analyzed to highlight the market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.

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