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Biosurgery is the combination of techniques and surgical techniques to decrease post and intra-operative complications. The global biosurgery market is growing at significant rate, due to expanding geriatric population and mounting number of surgeries. Different product and services contributed to the biosurgery market size. The market has witnessed high demand for bone-graft substitutes in the coming years due to mounting usage of bone-graft substitutes in various types of orthopedic surgeries as they decrease surgical time.<br><br>Biosurgery Market Highlights<br><br>Market Segmentation<br><br>Insight by Product<br><br>On the basis of product the market is subdivided into soft-tissue attachment, adhesion barriers, bone-graft substitutes, surgical sealants and adhesives, hemostatic agents, and staple-line reinforcement agents. Of all products, bone-graft substitutes segment accounted the largest share in the market due to the mounting usage of bone-graft substitutes in various types of orthopedic surgeries as they decrease surgical time. In addition, surgical sealants segment is expected to grow at fastest rate in the market due to mounting adoption of biosurgery products owing to its efficiency in blood loss management and easiness to use.<br><br>Insight by Application<br><br>On the basis of application the market is subdivided into cardiovascular surgery, orthopedic surgery, urological surgery, reconstructive surgery, general surgery, thoracic surgery, neurological surgery and gynecological surgery. Huge number of orthopedic bone and soft tissue repair surgeries and mounting occurrence of orthopedic surgeries are the factors growing the demand of orthopedic surgery application. Among the all applications, the orthopedic surgery accounted the largest share in the biosurgery market.<br><br>Industry Dynamics<br><br>Industry Trends<br><br>Mounting market consolidation, mounting need for dental bone-graft substitutes, escalating emphasis on product launches and improvements, and mounting inclination for gelatin-based adhesives & hydrogels in surgical procedures are the trends in the biosurgery market.<br><br>Growth Drivers<br><br>Mounting number of surgeries, mounting prevalence of severe trauma injuries, escalating sports related injuries and robust emphasis on R&D for the launch of novel and innovative products are the primary growth drivers for biosurgery market. For instance, according to American Society of Plastic Surgeons in 2015 approximately 15.9 million cosmetic procedures were performed in the U.S., a two percent increase over 2014.<br><br>In addition, mounting occurrence of chronic and lifestyle associated diseases is also driving the growth of the market. For instance, according to GLOBOCAN globally approximately 14.1 million new cancer cases were diagnosed and there were 8.2 million cancer deaths in 2012. In addition, according to World Health Organization (WHO), globally in 2015 approximately 8.8 million people died due to cancer. Moreover, approximately 70% of the deaths from cancer occur in low and middle income countries.<br><br>Expanding geriatric population, mounting need for effectual blood loss management and mounting healthcare expenditure are also facilitating the growth for the biosurgery market. For instance, according to WHO, globally in 2010 approximately 524 million people were aged 65 years and older, and is expected to reach 1.5 billion in 2050.<br><br>Challenges<br><br>High cost of biosurgery products & escalating cost of surgical procedures, lack of skilled professionals for effectual use of biosurgery products, and strict regulatory framework are the major challenges for the growth of biosurgery market.<br><br>Industry Ecosystem<br><br>Globally, the manufacturing companies trying to enter the biosurgery market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier for the entry of new players. This offers an edge to the established players in the industry competition.<br><br>Geographic Overview<br><br>Geographically, North America is the largest biosurgery market as in the region the geriatric population is increasing. For instance, according to the U.S. Census Bureau, in 2012 approximately 43.1 million people were aged 65 years and older in the U.S. and is expected to reach 83.7 million in 2050.<br><br>Mounting number of trauma injuries, mounting number of surgical procedures, mounting healthcare expenditure, mounting occurrence of chronic diseases and lifestyle associated diseases and advance technological amendment are also up surging growth of the North American biosurgery market. For instance, according to Centers for Disease Control and Prevention in 2012, approximately 117 million people in the U.S. had one or the more chronic conditions.<br><br>Asia-Pacific is observed to witness fastest growth in the market, due to expanding geriatric population and refining healthcare infrastructure. In addition, mounting healthcare expenditure, mounting occurrence of chronic diseases and lifestyle associated diseases, escalating number of surgical procedures, and mounting demand for effectual blood loss management are also creating a positive impact on the biosurgery market growth in the region.<br><br>Competitive Insight<br><br>Key players in the biosurgery market are catering the demand of these devices by investing on technologically advanced products in their product portfolio across the globe. In April 2018, Medtronic PLC received FDA approval of Infuse Bone Graft. It is used with spine implants composed of polyetheretherketone in oblique lateral interbody fusion and anterior lumbar interbody fusion procedures. Baxter International, Inc., Medtronic, PLC., Hemostasis, LLC, B.Braun Melsungen AG, Cohera Medical Inc., C.R. Bard, Sanofi, Johnson & Johnson, Getinge Group and Integra Lifesciences Holdings Corporation are the key players offering biosurgery.<br><br>About VynZ Research<br>VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies<br><br>Contact<br><br>Manager: Client Care<br><br>Toll-Free: 18882533960<br><br>Email: kundan@vynzresearch.com<br><br>Website: www.vynzresearch.com
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About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.
Global Biosurgery Market Biosurgery is the combination of techniques and surgical techniques to decrease post and intra-operative complications. The global biosurgery market is growing at significant rate, due to expanding geriatric population and mounting number of surgeries. Different product and services contributed to the biosurgery market size. The market has witnessed high demand for bone-graft substitutes in the coming years due to mounting usage of bone-graft substitutes in various types of orthopedic surgeries as they decrease surgical time.
Global Biosurgery Market Mounting number of surgeries, mounting prevalence of severe trauma injuries, escalating sports related injuries and robust emphasis on R&D for the launch of novel and innovative products are the primary growth drivers for biosurgery market. For instance, according to American Society of Plastic Surgeons in 2015 approximately 15.9 million cosmetic procedures were performed in the U.S., a two percent increase over 2014. In addition, mounting occurrence of chronic and lifestyle associated diseases is also driving the growth of the market. For instance, according to GLOBOCAN globally approximately 14.1 million new cancer cases were diagnosed and there were 8.2 million cancer deaths in 2012. In addition, according to World Health Organization (WHO), globally in 2015 approximately 8.8 million people died due to cancer. Moreover, approximately 70% of the deaths from cancer occur in low and middle income countries.
Global Biosurgery Market Asia-Pacific is observed to witness fastest growth in the market, due to expanding geriatric population and refining healthcare infrastructure. In addition, mounting healthcare expenditure, mounting occurrence of chronic diseases and lifestyle associated diseases, escalating number of surgical procedures, and mounting demand for effectual blood loss management are also creating a positive impact on the biosurgery market growth in the region. In April 2018, Medtronic PLC received FDA approval of Infuse Bone Graft. It is used with spine implants composed of polyetheretherketone in oblique lateral interbody fusion and anterior lumbar interbody fusion procedures. Baxter International, Inc., Medtronic, PLC., Hemostasis, LLC, B.BraunMelsungen AG, Cohera Medical Inc., C.R. Bard, Sanofi, Johnson & Johnson, Getinge Group and Integra Lifesciences Holdings Corporation are the key players offering biosurgery.
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