Biosurgery Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Single User License $3500

Biosurgery Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Status : January, 2021 | Medical Devices

Report Digest


Biosurgery Market: Snapshot

Biosurgery, comprising of different technologies and surgical techniques meant to reduce intra- and post-operative complications by facilitating hemostasis and tissue sealing, also finds application in hard tissue regeneration in orthobiologics.

Biosurgery products contain primarily semi-synthetic, synthetic, or natural materials that help is sealing surgical incisions and bring about tissue repairs. They control blood loss for various surgical conditions. Prominent surgeries for which biosurgery products prove useful are neurological, orthopedic, and cardiovascular.

Majorly boosting the biosurgery market is the increasing number of surgeries around the globe. A rising geriatric population, growing number of sports injuries, rising instances of obesity, and spinal problems across the world are the main reasons for the rising need for surgeries. Apart from that higher thrust on research and development to come up with more cutting-edge biosurgery products and continued progress in healthcare technology is also underpinning the growth in the market.

Proving counterproductive for the market is the strict mandates set by the governments of various nations for approval of biosurgery products, rising demand for minimally invasive surgical processes, and the high cost associated with surgeries. Inadequate reimbursement policies for biosurgery products are also said to be hampering growth.

Helping to overcome the challenges facing the market at present is the bettering healthcare infrastructure in developing economies which has been stoking demand. A highly competitive environment in which players are constantly looking to increase their market share through product development and strategic mergers and acquisitions is also serving to overcome the headwinds.

Biosurgery Market: Overview

Biosurgery consists of a wide array of technologies and surgical techniques that are dedicated to aid in surgery by minimizing intra- and post-operative complications. Biosurgery products help facilitate hemostasis and tissue sealing in different surgical processes; they are also used in hard tissue regeneration in orthobiologics. Biosurgery products typically consist of natural, synthetic, or semi-synthetic materials that help seal surgical incisions and facilitate tissue repairs. Rising need of effective management and control of blood loss for various surgical conditions has emerged as a crucial factor necessitating the demand for these biosurgery products across the globe.

Major surgeries for which biosurgery products prove useful are neurological, orthopedic, cardiovascular, spinal, gynecological, thoracic, urological, and reconstruction surgeries. Increasing incidence of various sports-related injuries and surgeries performed for a large number of age-associated diseases have created vast opportunities for key players to grow in the global biosurgery market. Furthermore, neurology and spine-related surgery applications are major market segments and their growth is driven by the wide application of bone graft substitute products in different biosurgery processes. In addition, the popularity of various biologics over synthetic biosurgery products is expected to propel the market growth across regions.

Prepared with the help of leading market experts, the research report delves into key market dynamics, emerging trends, and growth prospects for stakeholders in the global biosurgery market. The report offers in-depth insights into disruptive medical device technologies that will shape up the competitive landscape of the biosurgery market. The analysis, performed with the help of numerous reliable primary and secondary research methods, cuts across an extensive industry database to estimate the revenue share and size of major segments.

Biosurgery Market: Key Drivers, Opportunities, and Challenges

The biosurgery market is primarily driven by the rising number of surgeries, growing sports-related injuries, and increasing spinal problems across the globe. Several lifestyle disorders, increasing count of people with obesity, and rise in age-associated surgeries are the factors boosting the growth of the market. Coupled with that, robust research and development activities leading to the launch of advanced biosurgery products and technological advancements in healthcare are key developments expected to fuel the market growth along the forecast period.

However, the high cost associated with surgeries, increasing demand for minimally invasive surgical processes, and stringent regulations by different government agencies for the approval of biosurgery products are factors that may hinder the growth of the global biosurgery market. In addition, lack of proper reimbursement policies for biosurgery products may impede the market growth in some regions. On the other hand, improving healthcare infrastructure in emerging markets is expected to significantly stimulate the demand for various biosurgery products in these regions.

Biosurgery Market: Regional Outlook

Geographically, the bio surgery market can be segmented majorly into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Europe are majorly responsible for the growth of biosurgery market; the growth is chiefly driven by rise in obesity-related surgeries, coupled with increasing number of spinal and sports-related surgeries. The emerging markets in Asia Pacific, Latin America, and the Middle East and Africa are poised to witness robust growth along the forecast period. Increasing count of geriatrics, along with a growing healthcare industry, is anticipated to stimulate the demand in these regions. Substantial investments by governments to strengthen public healthcare delivery is a key factor augmenting the growth of the market in emerging countries such as India, China, and Brazil.

Biosurgery Market: Competitive Landscape

Various medical device manufacturers are keen on introducing newer technologies and focus on their commercialization to capitalize on the lucrative trends in the global biosurgery market. Prominent players are actively making acquisitions to consolidate their market positions across the globe. Companies that are currently vying for a greater revenue share in the global biosurgery market are Baxter International Inc., Johnson & Johnson, C.R. Bard (Davol), B. Braun Melsungen AG, Sanofi Group (Genzyme), Atrium Medical Corporation, Stryker Corporation, Hemostasis, LLC, Kuros Biosciences AG., and Medtronic plc.

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?