Biomaterials is projected to register the highest CAGR during the forecast period. This is due to the increasing demand for these materials due to the many advantages of synthetic biomaterials. These advantages may include biocompatibility, lack of toxicity, and specific protein binding sites and other biochemical signals that may aid in tissue healing or integration processes.
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Depending on the biomaterial, it is differentiated into metallic biomaterials, ceramic biomaterials, polymer biomaterials and others that include proteins and polysaccharides. The metallic biomaterials segment is segmented into stainless steel, titanium alloy, cobalt alloy and others. The metallic biomaterials segment is expected to account for the largest share in 2020 owing to the cost-effectiveness of these materials.
Factors contributing to the growth of the global orthopedic implant market are the prevalence of orthopedic injuries or diseases and rapid growth in the geriatric population. Additionally, innovations in technology, such as robot-assisted surgical devices, acceptance of implantable medical devices, and widespread use of orthopedic implants to treat musculoskeletal, orthopedic diseases and injuries are complementing the market growth.
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North America accounted for the largest share of the global orthopedic implant market in 2020 and is expected to remain dominant during the forecast period. The reasons for this are the increasing use of technologically advanced implants, high awareness among patients, high healthcare costs, availability of trained medical professionals, increase in the number of product approvals and supportive reimbursement policies in the healthcare system as well as many hospitals, and clinics.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
- Jonhson and Johnson
- Arthrex, inc,
- Medtronic Plc,
- Globus Medical Inc,
- NuVasive, Inc,
- Smith and Nephew Plc,
- Stryker Corporation
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Workplace Wellness Market
Interventional Oncology Market
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