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Global Biosurgery Market Growth Supplemented by Increasing Prevalence of Musculoskeletal Disorders

Inkwood Research estimates that the Global Biosurgery Market is projected to develop with a CAGR of 6.32% in terms of revenue during the forecasting years of 2021-2028.

“Browse 74 Market Data Tables and 53 Figures spread over 200 Pages, along with an in-depth TOC on the Global Biosurgery Market Forecast 2021-2028.”

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Biosurgical products entail innovative solutions utilized to treat complex surgical conditions, offer wound sealing, and inhibit excessive blood loss. These include anti-adhesive agents, hemostatic agents, surgical sealants, and bone-graft substitutes, in addition to soft tissue management (mesh/patch) products.

Rising Incidence of Musculoskeletal Diseases to Facilitate Market Growth

Musculoskeletal diseases are conditions that distress the muscles, tendons, nerves, bones, as well as supporting structures, such as the disks in the back. These types of disorders substantially affect the quality of life. The increasing number of bone-grafting procedures conducted every year in the United States has resulted in a deficiency of cadaver allograft material, in addition to the need to augment musculoskeletal tissue donation. Musculoskeletal disorders include joint diseases, like osteoporosis, low back pain (LBP), rheumatoid arthritis (RA), osteoarthritis (OA), gout, neck pain, fragility fractures, injuries owing to sports, and trauma related to road traffic accidents, among others. On the other hand, orthopedics services include treating musculoskeletal issues like bone deformities, bone infections, fractures, spinal deformities, and others. Hence, the growing prevalence of such conditions is expected to fuel the demand for biosurgery for the treatment of musculoskeletal diseases



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Natural is the Dominating Source Type

Conventional methods, such as sutures, staples, and wires, are used for sealing. However, they lack efficacy. Using them often causes numerous problems such as tissue trauma, difficulty during some surgeries, and infection. Besides, they do not always seal correctly. Surgical sealants are ideal substitutes for overcoming these drawbacks and can also be used as an aide to sutures in order to prevent air leakage. Hydrogels are naturally derived and antibacterial anti-adhesive agents that are biocompatible for encapsulating cells.

Asia-Pacific to be the Fastest-Growing Region by 2028

Factors such as the increasing number of surgical procedures, the mounting burden of chronic conditions, and the development of innovative products are anticipated to facilitate the Asia-Pacific biosurgery market. Moreover, owing to numerous lifestyle-related conditions as well as the growing geriatric population, the demand for biosurgery products is set to increase and thus bolster the growth of the market studied.

The industrial rivalry across the global biosurgery market is set to be moderate during the forecasting period. With a relatively limited number of companies, the market’s complete growth is not vastly lucrative. In addition, biological products must exceed strict regulatory pathways. Hence, the competition between existing firms is moderate.

Leading enterprises operating in the market are Medtronic PLC, Sanofi, Becton, Dickinson and Company, Ethicon Inc (Johnson & Johnson), Baxter International Inc, etc.

About Inkwood Research

Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.

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Related Reports:

GLOBAL ADVANCED WOUND CARE MANAGEMENT MARKET

GLOBAL BARIATRIC SURGERY MARKET

GLOBAL COSMETIC SURGERY AND PROCEDURE MARKET

GLOBAL INTEGRATED OPERATING ROOM MARKET

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