/INS. Allied Market Research has recently published a report on the bio-implants market, which is an in-depth examination of the entire industry for the time period 2013–2020. The report is an extensive analysis of the market and scrutinizes the key driving factors, restraints, opportunities, and challenges faced by industry players operating in the market. It emphasizes on the different products available in the bio-implants market, along with the various applications of these products in ophthalmology, cardiology, and orthopedic replacement implants. The report profiles the major market players working in the industry, along with a close look of their product profiles, business performances, and marketing strategies. The vital statistics, tables, and figures provided in the report are provided to give more leverage to the data provided in the report.
The bio-implants market report highlights the lucrative growth of the industry in the given forecast period. According to the study, the entire market is expected to reach an impressive value of $115.8 billion by the year 2020. This will be exhibited by an expected CAGR of 10.3% during the period 2013–2020. The report focuses on the various innovative advancements of industry, with a close observation of the changes in the biological implants available for offer in the market.
Key findings of the Bio-Implants Market Report:
- The report found out that the cardiovascular, orthopedic, and dental bio-implants were collectively responsible for nearly 70% share of the global bio-implants market.
- According to the bio-implants market report, the dental bio-implants segment is poised to be an extremely lucrative market in the forecast period 2013–2020. This is exhibited to grow at a CAGR of 14% in the given period.
- In terms of value, the orthopedic bio-implants are estimated to be the second largest market. This can be attributed to the rise in occurrences of accidents that might result in fractures, dislocations, thus eventually necessitating treatment through the use of bio-implants.
- The major factor that is expected to push the market ahead is the rising incidences of lifestyle diseases, which are expected to push the market ahead. Such diseases, including cardiovascular disorders, can be treated and rehabilitated with the usage of bio-implants. Such disorders are expected to promise a higher growth rate and contribute to an increase in market size by 2020.
The report includes critical data and inputs about the various production volumes and consumption of bio-implants across various medical disciplines. The significant values relating to product analysis and value chain analysis of the market are also included in the report.
The key players in the surgical suture market are expanding the scope of their business operations in the developing countries by including innovative devices in their product portfolios. The report includes a detailed competitive analysis of the major market players, such as DENTSPLY International, Wright Medical Group, Invibio Biomaterial Solutions, Medtronic, Inc., Ethicon Inc., Smith & Nephews, and Stryker Corporation.
The study is an in-depth analysis of the bio-implants market. It enables the interested business owners and individuals understand the market landscape with the help of critical industry insights. With a detailed explanation of the drivers and opportunities, the investors can easily comprehend how to be a part of the market’s growth. The bio-implants market report takes a closer look at the technological advancements and the potential innovations that can enhance the market’s potential. The geographical synopsis of the industry portrays the market presence in various regions and opportunities for growth. The assessment of risk factors and restraints to the market plays a vital role in helping players mitigate their potential losses. For those planning to expand their reach and product lines, the report offers more than just insights.
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