Orthopedic Biomaterials Market Size, Share and Trends Analysis | Europe | 2024-2030 | MedSuite | Includes: Bone Graft Substitutes, Orthopedic Growth Factors, and 3 more
In 2023, the European market for orthopedic biomaterials was valued at over €554 million. This market is projected to grow at a compound annual growth rate (CAGR) of 2.1%, reaching nearly €643 million by 2030. The full report on the European orthopedic biomaterials market includes bone graft substitutes (allografts, demineralized bone matrices (DBMs), and synthetic bone grafts), orthopedic growth factors, cell therapies (bone marrow aspirate concentrate and platelet-rich plasma), hyaluronic acid (HA) viscosupplementation (single-, two-, three-, and five-injection cycles), and orthopedic cartilage repair (osteochondral allografts, meniscal allografts, autologous chondrocyte implantation, and osteochondral autografts).
MARKET DATA HIGHLIGHTS:Unit sales, average selling prices, market value, and growth trends
Forecasts until 2030 and historical data from 2020
Market drivers and constraints for each segment
Competitive analysis with market shares for each segment
Mergers & acquisitions
Procedure volumes
Company profiles, product portfolios, and SWOT analysis for top competitors
EUROPEAN ORTHOPEDIC BIOMATERIALS MARKET TRENDSKey demographic trends continue to drive the European orthopedic biomaterials market. A notable factor is the rising incidence of osteoarthritis (OA) in the spine, particularly as the population ages, leading to an increasing number of spinal fusion procedures. With the aging population, driven by the retirement of the first wave of baby boomers starting in 2008, there has been a growing demand for treatments addressing arthritis and degenerative disc disease. This has led to an increased need for bone graft substitutes. Additionally, the prevalence of degenerative diseases is further accelerated by rising obesity rates, driving demand for orthopedic biomaterials and associated procedures. These trends are expected to propel market growth during the forecast period.
EUROPEAN ORTHOPEDIC BIOMATERIALS MARKET SHARE INSIGHTS (2023)Fidia maintained its leadership position in the European orthopedic biomaterials market, bolstered by the strong performance of its HA viscosupplementation products, Hyalubrix® and Hyalgan®.
Medtronic ranked as the second-largest player, largely due to its dominance in the orthopedic growth factor market with its INFUSE™ product.
Bioventus secured the third-largest market share, primarily as the leading distributor of DUROLANE®, a single-injection treatment, across Europe.
MARKET SEGMENTATION SUMMARYBone Graft Substitutes Market: Includes allografts, demineralized bone matrices (DBMs), and synthetic bone graft substitutes.
Orthopedic Growth Factor Market: Segmented into spine and tibial fracture treatments.
Orthopedic Cell Therapy Market: Includes platelet-rich plasma and bone marrow concentration segments.
Hyaluronic Acid Viscosupplementation Market: Covers single-injection, two-injection, three-injection, and five-injection products.
Orthopedic Cartilage Repair Market: Includes osteochondral allografts, meniscal allografts, autologous chondrocyte implantation (ACI), and osteochondral autografts.
GLOBAL RESEARCH SCOPE SUMMARYRegion: Europe (France, U.K., Italy, Spain, Benelux, Scandinavia, Austria, Switzerland, Portugal)
Base Year: 2023
Forecast: 2024-2030
Historical Data: 2020-2022
Quantitative Coverage: Market size, market shares, market forecasts, market growth rates, units sold, and average selling prices.
Qualitative Coverage: COVID-19 impact, market growth trends, market constraints, competitive analysis, SWOT for top competitors, mergers & acquisitions, company profiles, product portfolios, FDA recalls, disruptive technologies, disease overviews.
Data Sources: Primary interviews with industry leaders, government physician data, regulatory data, hospital private data, import/export data, iData Research’s internal database.