Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Bio-implants Market

An implant is a medical device, which replaces, supports, and improves damaged or existing biological structure. An implant is a man-made device, which is inserted into the human body cavity. Bio-implants are medical devices that are made from biological cells compatible with human body cells. Eye bio-implants are used in the treatment of cornea sores or chemical damages in the eye. Bio-implants help in management of disease condition and specific drug delivery in conditions such as obesity, infections, and musculoskeletal disorders. It provides a specific and unique drug delivery for skeletal muscle. Various bio-implants are developed by key market players operating in the marketwhich include cardiovascular implants, dental, spinal, and orthopedic implants. Cardiac implants are used in cardiac related surgeries.

The global bio-implants market was valued at US$ 73,947.4 million in 2019 and is expected to exhibit a CAGR of 5.7% over the forecast period (2019-2027).

Figure 1. Global Bio-implants   Market Value (US$ Mn), by Region, 2019

Bio-implants  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2019)

Increasing prevalence of chronic conditions is expected to propel the bio-implants market growth

Increasing prevalence of chronic diseases such as cardiovascular diseases (CVD) and arthritis is expected to increase the demand for bio-implants, which in turn is expected to fuel the bio-implants market growth over the forecast period. For instance, according to the World Health Organization (WHO) 2017 statistics, cardiovascular diseases accounted for around 17.9 million deaths in 2016. Moreover, according to the Centers for Disease Control and Prevention (CDC), in May 2019, around 54.4 million of U.S. adults were diagnosed with arthritis.

Manufacturers and researchers are focused on developing the advanced systems for treating medication resistant epilepsy patients using a deep brain stimulation implant similar to a cardiac pacemaker. For instance, in February 2019, Medtronic launched Deep Brain Stimulation (DBS) implant for reducing epileptic seizures.  DBS provides an important surgical treatment option for patients, who suffer from epilepsy and do not respond to medication.

Moreover, key players operating in the market are focusing on strategic investment in order to develop and commercialize new products and expand its market presence. For instance, in February 2019, GT Medical Technologies raised US$ 10 million funding to help support commercialization of its GammaTile Therapy, a bioresorbable implant designed to deliver local doses of radiation to patients with brain tumors.

Figure 2. Global Bio-implants Market Share (%), by Product Type,

Bio-implants  | Coherent Market Insights

Source: Coherent Market Insights Analysis (2019)

Geographical expansion of bio-implants manufacturers towards North America is expected to boost the market growth

North America is expected to hold the dominant position in the global bio-implant market. The major factors driving growth of the market include increasing prevalence of chronic diseases and presence of better healthcare infrastructure in the region. For instance, according to the American Chiropractic Association, 2017, about 65 million U.S. population suffer from lower back problems every year, and around 8 out of every 10 Americans are expected to suffer from the back pain at some point in their life. Additionally, there is increase in number of ophthalmic diseases in the U.S. Rising incidence of chronic diseases is expected to increase demand for the bio-implants. Thus, owing to these factors the North America market is expected to witness significant growth over the forecast period.

Moreover, in September 2017, DePuy Synthes launched TRUMATCH Titanium 3D-Printed Implants in the U.S. This is used in facial reconstruction. The new products were distributed through an exclusive agreement with Materialise, a leader in software solutions and 3D-printing services in the medical and industrial markets.

Asia Pacific market is expected to be the fastest-growing market over the forecast period, owing to high incidence of spinal cord injuries in the region. This can be attributed to increasing incidence of road accidents. For instance, according to the Tokyo’s Keio University’s February 2019 publication, over 100,000 patients in Japan were paralyzed due to spinal cord injuries.

Key Players

Major players operating in the global bio-implants market include Abbott, Dentsply Sirona Plc, Medtronic, Stryker Corporation, Zimmer Biomet, B.Braun, Cook Medical, C.R. Bard, Edwards Lifesciences, Wright Medical technology, and Boston Scientific Corporation.

Bio-implants are bioengineered products made up of biomaterials such as collagen and tissue engineered products, which includes artificial skin and tissue. Bio-implants are used in organ transplantation and replacement of tissues, which enhance the functionality of affected body organs. Bio-implants has wide range of application in cardiovascular, orthopedic, neurological, dental, and other therapeutic areas. Bio-implants are significant in improving longevity and quality of human life.

Market Dynamics

Rising cases of bone degeneration, increasing demand for minimally invasive surgeries, and launch of technologically advanced products are expected to drive the growth of bio-implants market over the forecast period. For instance, in December 2018, REVA Medical, a leader in bioresorbable polymer technologies for vascular applications, announced the first implant of its recently launched Fantom Encore bioresorbable scaffold (BRS) in Italy.

Key features of the study:

  • This report provides in-depth analysis of the bio-implants market and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global bio-implants market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
  • Key companies covered as a part of this study include Abbott, Dentsply Sirona Plc, Medtronic, Stryker Corporation, Zimmer Biomet, B.Braun, Cook Medical, C.R. Bard, Edwards Lifesciences, Wright Medical technology, and Boston Scientific Corporation. Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology upgradation, market expansion, and marketing tactics
  • The global bio-implant market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Bio-implants market

Detailed Segmentation:

  • Global Bio-implants Market, By Product Type:
    • Cardiovascular Implants
    • Dental Implants
    • Spinal Bio-implants
    • Orthopedic Implants
    • Ophthalmic Implants
    • Others
  • Global Bio-implants Market, By Material Type:
    • Biomaterial Metal
    • Ceramic
    • Alloys
    • Polymer
  • Global Bio-implants Market, By End User :
    • Hospitals and Clinics
    • Ambulatory Surgical Centers
    • Others
  • Global Bio-implants Market, By Region:
    • North America
      • By Product Type:
        • Cardiovascular Implants
        • Dental Implants
        • Spinal Bio-implants
        • Orthopedic Implants
        • Ophthalmic Implants
        • Others
      • By Material Type:
        • Biomaterial Metal
        • Ceramic
        • Alloys
        • Polymer
      • By End User :
        • Hospitals and Clinics
        • Ambulatory Surgical Centers
        • Others
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Product Type:
        • Cardiovascular Implants
        • Dental Implants
        • Spinal Bio-implants
        • Orthopedic Implants
        • Ophthalmic Implants
        • Others
      • By Material Type:
        • Biomaterial Metal
        • Ceramic
        • Alloys
        • Polymer
      • By End User :
        • Hospitals and Clinics
        • Ambulatory Surgical Centers
        • Others
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Product Type:
        • Cardiovascular Implants
        • Dental Implants
        • Spinal Bio-implants
        • Orthopedic Implants
        • Ophthalmic Implants
        • Others
      • By Material Type:
        • Biomaterial Metal
        • Ceramic
        • Alloys
        • Polymer
      • By End User :
        • Hospitals and Clinics
        • Ambulatory Surgical Centers
        • Others
      • By Country:
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product Type:
        • Cardiovascular Implants
        • Dental Implants
        • Spinal Bio-implants
        • Orthopedic Implants
        • Ophthalmic Implants
        • Others
      • By Material Type:
        • Biomaterial Metal
        • Ceramic
        • Alloys
        • Polymer
      • By End User :
        • Hospitals and Clinics
        • Ambulatory Surgical Centers
        • Others
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Product Type:
        • Cardiovascular Implants
        • Dental Implants
        • Spinal Bio-implants
        • Orthopedic Implants
        • Ophthalmic Implants
        • Others
      • By Material Type:
        • Biomaterial Metal
        • Ceramic
        • Alloys
        • Polymer
      • By End User :
        • Hospitals and Clinics
        • Ambulatory Surgical Centers
        • Others
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Product Type:
        • Cardiovascular Implants
        • Dental Implants
        • Spinal Bio-implants
        • Orthopedic Implants
        • Ophthalmic Implants
        • Others
      • By Material Type:
        • Biomaterial Metal
        • Ceramic
        • Alloys
        • Polymer
      • By End User :
        • Hospitals and Clinics
        • Ambulatory Surgical Centers
        • Others
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • Abbott.*
      • Company Overview
      • Bio-implant Portfolio
      • Financial Performance
      • Key Highlights
      • Market Strategies
    • Dentsply Sirona Plc
    • Medtronic
    • Stryker Corporation
    • Zimmer Biomet
    • B.Braun
    • Cook Medical
    • C.R. Bard
    • Edwards Lifesciences
    • Wright Medical technology
    • Boston Scientific Corporation
  • “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Material Type
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • PEST Analysis
    • Mergers and Acquisitions
    • Product Expiration
    • Regulatory Scenario
    • Pipeline Analysis
  4. Global Bio-implant Market, By Product Type, 2016 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Cardiovascular Implants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Dental Implants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Spinal Bio-implants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Orthopedic Implants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Ophthalmic Implants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  5. Global Bio-implant Market, By Material Type, 2016 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Biomaterial Metal
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Ceramic       
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Alloys
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Polymer       
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  6. Global Bio-implant Market, By End User, 2016 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Hospitals and Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  7. Global Bio-implant Market, By Region, 2016 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2019 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017–2027
    • North America
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • U.S.
        • Canada
    • Latin America
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Material Type, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Mn)
      • Market Size and Forecast, By Country/Region, 2016 – 2027, (US$ Mn)
        • South Africa
        • Central Africa
        • North Africa
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis
    • Company Profiles
      • Abbott.*
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Dentsply Sirona Plc.
        • Company Overview
        • Bio-implant Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Medtronic
        • Company Overview
        • Bio-implant Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Stryker Corporation
        • Company Overview
        • Bio-implant Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Zimmer Biomet
        • Company Overview
        • Bio-implant Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • B.Braun
        • Company Overview
        • Bio-implant Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Cook Medical
        • Company Overview
        • Bio-implant Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • C.R. Bard
        • Company Overview
        • API Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Edwards Lifesciences
        • Company Overview
        • Bio-implant Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Wright Medical technology
        • Company Overview
        • Bio-implant Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Boston Scientific Corporation
        • Company Overview
        • Bio-implant  Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
  9. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse 32 market data tables and 20 figures on "Bio-implant Market - Global forecast to 2027”.

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