World Orthopedic Biomaterials Market to See 13.19% CAGR till 2022, Informs Azoth Analytics in Its Report Available at MarketPublishers.com08 Feb 2017 • by Natalie Aster
LONDON – The world’s market for orthopedic biomaterials is predicted to follow an upward trend during 2017-2021, posting a significant CAGR of little over than 13%. It will be driven by a number of factors like rising incidence of osteoarthritis, escalating concerns about bone preservation issues, benefits like less healing time and remarkable technological advancements in invasive surgeries. Other important growth drivers include enhancing clinical education amid the patients, rising number of medical applications of various biomaterials, technological innovations and increasing demand from aged people.
The demand for biodegradable and biocompatible products is encouraged by surging prevalence of bone degeneration, arthritis, diabetes and obesity, etc. Moreover, increasing interest of young consumers towards such products also gives impetus to growth of demand.
The North American and European regions have strong orthopedic biomaterials markets. Yet, APAC and RoW are likely to witness the highest growth rates in coming years.
New topical research report “Global Orthopedic Biomaterials Market - By Type, By Sub-Type, By Application: Analysis By Region, By Country (2011-2021) - By Type, By Application, By Region, By Country” drawn by Azoth Analytics gives access to top-level data on the performance of the orthopedic biomaterials market at different geographical levels. The publication offers a detailed market segmentation analysis (by material type and sub-type, region, country and application). Moreover, the research study explores the market dynamics, highlights the market growth drivers, restraints, opportunities and challenges. A detailed review of current and future possible market development trends is provided here. This in-demand report presents SWOT and Porter’s five forces analyses and provides an in-depth insight into regulative environment. 10 holistic profiles of the key market participants are at hand in the report, as well. Also, a reader can find future forecasts for the market up till 2021 in this unrivalled report.
Other insightful research reports elaborated by Azoth Analytics can be found at its page at MarketPublishers.com.