Orthopedic Biomaterials Market Revenue to Surpass USD 32.2 Billion by 2030, says P&S Intelligence

2022-08-27 02:52:10 By : Ms. Tina Yu

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NEW YORK , Aug. 22, 2022 /PRNewswire/ -- According to the market research report published by P&S Intelligence, the size of the orthopedic biomaterials market, which stood at $14.2 billion in 2021, is predicted to expand to $32.2 billion by 2030, witnessing a CAGR of 9.5% over this decade. The biggest reason for this will be the constant rise in the incidence of bone and tissue problems, which lead to significant disabilities in around 30% of the global population.

Sore joints, fractured bones, and swollen tissue commonly result in restricted mobility. The effects of these conditions are often more profound in the elderly, which is why the United Nations and government healthcare bodies are increasing their focus on caring for the geriatric population.

A key trend in the industry is next-gen implants that hold on to the living tissue longer, thus minimizing the need for follow-up surgeries and helping patients save on medical bills. Moreover, the improved biomaterials being offered by companies have raised the success rates of operations, encouraging more patients to go for them.

Get the sample pages of this report: https://www.psmarketresearch.com/market-analysis/orthopedic-biomaterials-market/report-sample

Key Findings of Orthopedic Biomaterials Market Report

Competitive Landscape of Orthopedic Biomaterials Market

Browse detailed report on Orthopedic Biomaterials Market Size, Share, Growth and Demand Forecast Report 2030

Orthopedic Biomaterials Market Report Coverage

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