Global Orthopaedic Biomaterial Market is forecasted to grow at a CAGR of 13.19% during 2016-2021.
Due to growing problem of osteoarthritis, bone preservation, less healing time and technological advancement like minimally invasive surgeries has led to an increase in the orthopaedic biomaterial market.
Growing demand for biodegradable and biocompatible product is increasing surging prevalence of Arthritis, Bone degeneration, Obesity and Diabetes among geriatric population. Also, the inclination of young population towards adapting such products has been driving the market.
Global Orthopaedic Biomaterial Market is forecasted to grow at a CAGR of 13.19 % during 2016-2021F, driven by rising clinical education among the patients, increasing medical applications of biomaterial by orthopaedicians, rising demand from the aged population, and technological innovation has further led to growing focus towards healthcare, hence, building the need for joint replacement surgeries using orthopaedic biomaterial, specifically among the adult population.
While the market has witnessed strong foothold in the regions of North America and Europe, however rapid growth is expected to be driven by the emerging nations in Asia Pacific and ROW.
The report provides coverage by Material Type, Metal Sub Type, Non-Metal Sub Type and By Application:
By Material Type
- Metal Orthopaedic Biomaterial - Non-Metal Orthopaedic Biomaterial