World Nerve Repair Biomaterials Market to Amount to USD 775.59 Mln by 2024, Predicts Data Bridge in Its New Report Added at MarketPublishers.com13 Nov 2017 • by Natalie Aster
LONDON – As of 2016, the world’s nerve repair biomaterials stood at around USD 326.71 million. By 2024, this market is set to amount to about USD 775.59 million, registering a significant CAGR of 11.5% from 2017 till 2024.
The major factors expected to fuel growth in the nerve repair biomaterials market comprise expanding prevalence of peripheral nerve injuries, rising number of geriatric population, ongoing technological progress in surgery methods and techniques, increasing applications of neuromodulation devices and also favourable reimbursement policies.
However, growth in the nerve repair biomaterials market could be hampered by lack of awareness, high need for skilled professionals and also highest treatment costs, amid other restraints.
Amid end-use sectors, hospitals are predicted to take the lead in the world’s market for nerve repair biomaterials during 2017-2024.
Some of the dominating companies in the global market for nerve repair biomaterials are Integra Life Sciences, Polyganics, AxoGen, Checkpoint Surgical, to name a few.
New research report “Global Nerve Repair Biomaterials Market Analysis, Companies Profiles, Size, Share, Growth, Trends and Forecast to 2024” prepared by Data Bridge Market Research includes a deep overview of the global nerve repair biomaterials market. It provides the detailed market segmentation analysis on the basis of product types, injury types, end-users, geography. Moreover, the research report delves deep into the market dynamics, examining the key market growth drivers, challenges and restraints. Also, the publication traces light on the market trends and emerging opportunities. The analysis of the market competitive landscape is available here together with 7 granular profiles of the most prominent market players (each profile encompasses a company overview, an overview of a company’s performance and key strategies, data on shares, products, recent developments, opportunities, strengths, weaknesses and threats). Future outlook for the market up to 2024 is also provided in this insightful research study.
Many other research reports elaborated by Data Bridge are available at its online page at MarketPublishers.com.