Orthopedic Biomaterial Market Information: By Type (Metal, Non- Metal), by Application (Joint Replacement, Tissue Fixation, Fracture Fixation Devices, Spine Implants), and End-User (Hospitals and Clinics and Specialty Centers) – Global Forecast Till 2027
Global orthopedic biomaterial market is expected to grow at a CAGR of 10.5%
During the Forecast Period of 2020 to 2027:
Orthopedic biomaterials are synthetic or organic materials. They are used for internal fracture
fixation. Orthopedic biomaterials are commonly used in orthopedics, surgical implants,
prosthetics, and various medical tools and devices.
The global orthopedic biomaterial market is majorly driven by the increasing older population
leading to increase in the patient population, increasing surgeries, the various government
supports, and growing awareness among young population towards health.
Get Free Sample Copy @
According to the United Nations, approximately over 962 million people were aged over 60
and above globally in 2017. The United Nations has also estimated that by 2050, the number
of older population is likely to reach 425 million. This increasing aging population is likely to
boost the growth of the global orthopedic biomaterial market.
Factors such as rigorous clinical and regulatory processes are likely to hamper the growth of
the orthopedic biomaterial market.
Some of the key players in the orthopedic biomaterial market are CoorsTek Inc.,
CERADYNE, Straumann, Stryker, Kyocera Corporation, Materion Corporation, 3M ESPE,
Nobel Biocare Services AG, Morgan Advanced Materials, and DePuy Synthes.
The global orthopedic biomaterials market is segmented on the basis of types of material,
application, and end-user.
On the basis of types of material, the market is segmented into metals and non-metals. The
metals are further sub-segmented into titanium alloy, stainless steel, cobalt alloy, and
others. Non-metals are further sub-segmented into polymeric, natural biomaterials,
ceramic, and others. Ceramics are sub-segmented into alumina, zirconium dioxide, calcium
phosphate, carbon, and others. Polymeric materials are sub-segmented into polyester,