Covid-19 Impact on Biological Implants Market:The ongoing COVID-19 pandemic conditions have severely affected every sector around the world. Whereas, the chemicals and materials sectors were moderately affected during the pandemic. This is primarily due to the uncut demand for chemicals for healthcare, life science, and cleaning agents. However, other elements of chemical and material sectors such as paints, industrial oil, and construction materials are facing a diminution in demand. Strict lockdown resulted in a nearly 50-60% reduction in the supply of raw materials, which directly affected the manufacturing process. Further, the halt in many end-use industries directly affected the chemical demand all around the world.
Biological Implants Market OverviewThe Global Biological Implants Market was worth $118.6 billion in 2021 and is predicted to be worth $136.2 million by 2030, growing at a 10.12% CAGR from 2023 to 2030.
Biological implants are broadly used in organ transplantation and the replacement of tissues. The global biological implants market is mainly driven by rapid improvement in healthcare infrastructure in developed as well as developing regions. In addition, the increasing prevalence of chronic diseases such as cardiovascular diseases, osteoarthritis, and congenital and neuropathic disorders boosts the demand for biological implants. Globally, the ageing population is increasing rapidly. A large part of the ageing population needs dental implants which further boosts the demand for biological implants. Furthermore, developments in bioengineering technologies and increased awareness about cosmetic implants drive the growth of the biological implants market.
On the other hand, the high cost of biological implants acts as a barrier to the growth of the market. However, continuous technological advancement in the manufacturing of bio-implants such as 3D printing, nanotechnology, and laser technology. Also, rising government funding in the healthcare sector is expected to provide significant opportunities for market development during the forecast period.
Biological Implants Market Segment OverviewDental implants are one of the leading contributors to the growth of the biological implants market. An increasing number of dental patients are selecting dental implants. It is an easier and more effective alternative to a root canal procedure. An awful increase in oral healthcare problems will further stimulate demand for dental implants. The Global Burden of Disease Study 2017 estimated that oral diseases affect close to 3.5 billion people worldwide, with caries of permanent teeth being the most common condition. Globally, it is estimated that 2.3 billion people suffer from caries of permanent teeth and more than 530 million children suffer from caries of primary teeth. This will provide huge growth opportunities for the market in the near future.
Biological Implants Market Regional OverviewNorth America holds a dominant position in the market. Some important factors such as increasing healthcare expenditure, technological advancement, and rising demand for nonsurgical bio-implants. Similarly, improved healthcare infrastructure in this region contributes towards market growth. Additionally, the market of the Asia Pacific is projected to grow at the fastest rate over the forecast period. An increased government funding for the healthcare sector and growth in economies in developing countries, such as India and China, is anticipated to drive the biological implants market in Asia.
Biological Implants Market Competitor OverviewCompanies are engrossed in collaborations, mergers & acquisitions to improve their market share. For instance, in March 2018, Orthofix International N.V. acquired Spinal Kinetics Inc., a privately held manufacturer and developer of lumbar discs and artificial cervical. The move was aimed at strengthening Orthofix’s orthobiologics bio-implant product portfolio.
Biological Implants Market, Key Players· Tornier N.V.
· Biomet, Inc.
· Smith & Nephew
· Boston Scientific Corporation
· Stryker Corporation,
· St. Jude Medical, Inc.
· Synthes Holding AG
· Medtronic
· DePuy Synthes
· Zimmer Biomet
· Organogenesis, Inc.
· Arthrex, Inc.
· Orthofix Holdings, Inc.
· Cochlear Ltd.
· Exactech, Inc.
Biological Implants Market SegmentationBiological Implants Market, By Product
- Cardiovascular Implants
- Orthopedic Implants
- Orthobiologics
- Trauma Implants
- Hip Replacements
- Knee Replacements
- Spinal Implants
- Dental Implants
- Ophthalmic Implants
- Others
Biological Implants Market, By Material
· Ceramics
· Polymers
· Alloys
· Biomaterial Metal
Biological Implants Market, By Origin
· Autograft
· Allograft
· Xenograft
· Synthetic
Biological Implants Market, By End-use
· Hospitals
· Clinics
· Specialty Centers
Biological Implants Market, By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
List of Figures
Figure 1: Global Biological Implants Market Revenue Breakdown (USD Billion, %) by Region, 2023-2030
Figure 2: Global Market Value Share (%), By Segment 1, 2023-2030
Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 5: Global Market Value Share (%), By Segment 2, 2023-2030
Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2023-2030
Figure 9: Global Biological Implants Market Forecast (USD Billion), by Others, 2023-2030
Figure 10: Global Market Value Share (%), By Segment 3, 2023-2030
Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2023-2030
Figure 14: Global Market Forecast (USD Billion), by Others, 2023-2030
Figure 15: Global Market Value (USD Billion), by Region, 2023-2030
Figure 16: North America Biological Implants Market Value Share (%), By Segment 1, 2023-2030
Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 19: North America Market Value Share (%), By Segment 2, 2023-2030
Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2023-2030
Figure 23: North America Market Forecast (USD Billion), by Others, 2023-2030
Figure 24: North America Market Value Share (%), By Segment 3, 2023-2030
Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2023-2030
Figure 28: North America Market Forecast (USD Billion), by Others, 2023-2030
Figure 29: North America Market Forecast (USD Billion), by U.S., 2023-2030
Figure 30: North America Market Forecast (USD Billion), by Canada, 2023-2030
Figure 31: Latin America Biological Implants Market Value Share (%), By Segment 1, 2023-2030
Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 34: Latin America Market Value Share (%), By Segment 2, 2023-2030
Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2023-2030
Figure 38: Latin America Market Forecast (USD Billion), by Others, 2023-2030
Figure 39: Latin America Market Value Share (%), By Segment 3, 2023-2030
Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2023-2030
Figure 43: Latin America Market Forecast (USD Billion), by Others, 2023-2030
Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2023-2030
Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2023-2030
Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2023-2030
Figure 47: Europe Biological Implants Market Value Share (%), By Segment 1, 2023-2030
Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 50: Europe Market Value Share (%), By Segment 2, 2023-2030
Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2023-2030
Figure 54: Europe Market Forecast (USD Billion), by Others, 2023-2030
Figure 55: Europe Market Value Share (%), By Segment 3, 2023-2030
Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2023-2030
Figure 59: Europe Market Forecast (USD Billion), by Others, 2023-2030
Figure 60: Europe Market Forecast (USD Billion), by U.K., 2023-2030
Figure 61: Europe Market Forecast (USD Billion), by Germany, 2023-2030
Figure 62: Europe Market Forecast (USD Billion), by France, 2023-2030
Figure 63: Europe Market Forecast (USD Billion), by Italy, 2023-2030
Figure 64: Europe Market Forecast (USD Billion), by Spain, 2023-2030
Figure 65: Europe Market Forecast (USD Billion), by Russia, 2023-2030
Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2023-2030
Figure 67: Asia Pacific Biological Implants Market Value Share (%), By Segment 1, 2023-2030
Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2023-2030
Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2023-2030
Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2023-2030
Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2023-2030
Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2023-2030
Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2023-2030
Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2023-2030
Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2023-2030
Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2023-2030
Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2023-2030
Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2023-2030
Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2023-2030
Figure 86: Middle East & Africa Biological Implants Market Value Share (%), By Segment 1, 2023-2030
Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2023-2030
Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2023-2030
Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2023-2030
Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2023-2030
Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2023-2030
Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2023-2030
Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2023-2030
Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2023-2030
Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2023-2030
Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2023-2030
Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2023-2030
List of Tables
Table 1: Global Biological Implants Market Revenue (USD Billion) Forecast, by Segment 1, 2023-2030
Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2023-2030
Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2023-2030
Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2023-2030
Table 5: North America Biological Implants Market Revenue (USD Billion) Forecast, by Segment 1, 2023-2030
Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2023-2030
Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2023-2030
Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2023-2030
Table 9: Europe Biological Implants Market Revenue (USD Billion) Forecast, by Segment 1, 2023-2030
Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2023-2030
Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2023-2030
Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2023-2030
Table 13: Latin America Biological Implants Market Revenue (USD Billion) Forecast, by Segment 1, 2023-2030
Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2023-2030
Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2023-2030
Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2023-2030
Table 17: Asia Pacific Biological Implants Market Revenue (USD Billion) Forecast, by Segment 1, 2023-2030
Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2023-2030
Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2023-2030
Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2023-2030
Table 21: Middle East & Africa Biological Implants Market Revenue (USD Billion) Forecast, by Segment 1, 2023-2030
Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2023-2030
Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2023-2030
Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2023-2030
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model