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Biosurgery Market by Product Application - Forecast to 2021

Biosurgery Market: Forecast until 2021

  • November 2016
  • 266 pages
  • ID: 4430752
In this report:
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As per the OECD, the population of people aged ## years and above already exceeds one in five; this is expected to rise over ##% by 2018, which will drive the demand for the treatment of age-related conditions and elderly care, thus increasing the stress on the overall healthcare budget in the country.

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The "BIOSURGERY MARKET BY PRODUCT (FIBRIN & COLLAGEN SEALANT, HEMOSTATS, ADHESION BARRIERS, BIOLOGICAL MESHS, SOFT TISSUE ATTACHMENTS, STAPLER, BONE GRAFT SUBSTITUES) BY APPLICATION (ORTHOPEDIC, GYNECOLOGY, CARDIOVASCULAR, RECONSTRUCTIVE)

FORECAST TO 2021"

The overall biosurgery market is anticipated to grow at a compound annual growth rate (CAGR) of 8.8% during the forecast horizon of 2016 to 2021. The industry is poised to reach ~$27.8B by 2021 from ~$18.2B in 2016. The sector is primarily influenced by growing number of surgeries, increasing incidences of sports related injuries and spinal problems, growing clearance of biosurgery products by regulatory authorities, and growing need of effective blood loss management.

In this industry report, the biosurgery market is split on the basis of product type, application, and area. On the basis of product type, the industry is primarily divided into surgical sealants, hemostatic agents, adhesion barriers, bone graft substitutes, and staple line reinforcement agents. The bone graft substitute market is further sub-segmented into bone-allografts, demineralized bone matrix, bone morphogenetic proteins, and synthetic bone-grafts. The surgical sealants market on the other hand is broken down into natural and synthetic/semi-synthetic sealants. On the basis of application type, the sector is sub-segmented into neurological surgeries, general surgeries, orthopaedic surgeries, thoracic surgeries, cardiovascular surgeries, gynaecological surgeries, urology surgeries, and reconstructive surgeries.

In 2015, the soft tissue attachments segment recorded for the most important share of the overall biosurgery products market. This is mainly attributed to the rampant use of soft tissue patches across various types of surgeries. This industry segment will continue to dominate the biosurgery products market by 2021, primarily due to the increasing demand of these products from emerging countries and widening of application areas of soft tissue repair products across surgical procedures.

On the basis of geography, the North America (NA) sector recorded for the biggest share of the overall biosurgery market, succeeded by Europe (EU), Asia Pacific (APAC), Latin America area, and Middle East (ME) and African continent in 2015. The Asia-Pacific area is forecast to be the fastest growing area during the outlook period, due to growing health awareness, increase in per capita income, and improving healthcare infrastructure in the territory.

Some of the top actors operating in this sector contain Baxter International Inc., C.R. Bard, Incorporated, Johnson & Johnson (NYSE:JNJ), Covidien plc., Getinge Group, B. Braun Melsungen AG, Cryolife Inc., Stryker (NYSE:SYK), Hemostasis, LLC., and Sanofi Group.

Research Coverage

- In-depth comprehension on all the submarkets, established on product (sealants, hemostatic agents, adhesion barriers, soft-tissue attachments, bone graft substitutes, and staple line reinforcement agents), this can benefit industry actors to distinguish high development segments in the biosurgery market.

- The study also offers info on top players in this industry and their increase strategies and latest developments. This can benefit the company to assess the competition at overall and regional levels in a better manner.

- Key aspects and market sizing for the distinct applications of the biosurgery market that is, neurological surgeries, cardiovascular surgeries, general surgeries, orthopedic surgeries, thoracic surgeries, gynecology surgeries, urology surgeries, and reconstruction surgeries.

- Country-wise market size and estimate for all the sub segments. Therefore, not only the high increase application and end user areas; the market size numbers provided in the analysis will also enable market actors to recognize top geographic industries, and thereby strategize overall marketing efforts in order to accomplish sustainable revenue increase in the next years.

- It offers key aspects on market forces, including drivers, market restraints, alternatives, and opportunities for this sector.

Why acquiring this study can help you:

The industry report will increase both established firms as well as new entrants/smaller companies, and allow them to measure the pulse of the sector, which in turn will facilitate organizations collect greater segment market share. Companies obtaining the study could use one or a combination of the below-mentioned strategies (sector entry, product improvement/innovative projects, sector development, business diversification, and opposing assessment) for rising their market shares.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on the product types provided by key players in the biosurgery market. The market research examines the biosurgery products market by product class, application, and area

- Product improvement/Innovative products: In-depth understanding on upcoming trends, analysis and growth activities, and recent product launches in the biosurgery market

- Industry development: Highlighted information about profitable emerging sectors by product and area

- Industry diversification: Complete information about recent products, increasing geographies, recent evolutions, and market investments in the biosurgery market

- Opposing assessment: Detailed assessment of market shares, increase strategies, products, and manufacturing competences of key players in the biosurgery market

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