Global Bioresorbable Implants Market Growth 2023-2029

Global Bioresorbable Implants Market Growth 2023-2029

Conventional implants were used by orthopedic surgeons previously to fix internal fixation for years. These implants have required a lot of development over the decades. Regardless it’s wide spread use, there are some problems associated with conventional implants which include the potential for long term relocation, stress shielding, breakage, reaction of the material, interference with the imaging devices and restricted growth in young patients. Recently, many bioresorbable implants have been made available as a feasible alternative to various indications. These bioresorbable implants dissolve in the human body and then get replaced by the natural bones. The implants which are somewhat large, interconnecting porous assembly is needed so that it can be integrated with the implant for better vascularization. By the additive manufacturing technology, this interconnecting porous structure can be manufactured directly. 

LPI (LP Information)' newest research report, the “Bioresorbable Implants Industry Forecast” looks at past sales and reviews total world Bioresorbable Implants sales in 2022, providing a comprehensive analysis by region and market sector of projected Bioresorbable Implants sales for 2023 through 2029. With Bioresorbable Implants sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bioresorbable Implants industry.

This Insight Report provides a comprehensive analysis of the global Bioresorbable Implants landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bioresorbable Implants portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bioresorbable Implants market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bioresorbable Implants and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bioresorbable Implants.

The global Bioresorbable Implants market size is projected to grow from US$ 5222.9 million in 2022 to US$ 7138.3 million in 2029; it is expected to grow at a CAGR of 7138.3 from 2023 to 2029.

There are many factors which are driving the bioresorbable implants market like increasing incidences of chronic diseases, rising geriatric population, increasing incidences of road accidents growing disposable incomes and high level of healthcare. Additionally, the applications are increasing in medical and dental streams which are boosting the bioresorbable implants market.One of the most restraining factors of bioresorbable polymers is their inherent low strength compared to metals. Major tissue reactions have been reported in some cases. However, the time consuming approval processes of bioresorbable implants by the regulatory authorities, the reimbursement and the high cost of treatment will affect the bioresorbable implants market negatively. 

This report presents a comprehensive overview, market shares, and growth opportunities of Bioresorbable Implants market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Metals
Polymers

Segmentation by application
Stents
Orthopedics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bioretec
DePuy Synthes
Stryker
Smith & Nephew
Biomet
Medtronic

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bioresorbable Implants market?

What factors are driving Bioresorbable Implants market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bioresorbable Implants market opportunities vary by end market size?

How does Bioresorbable Implants break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.