Transparency
Market Research Reports incorporated a definite business overview and
investigation inclines on "Orthopedic Biomaterials Market".
This report likewise incorporates more illumination about fundamental
review of the business including definitions, requisitions and
worldwide business sector industry structure.
Orthopedic
biomaterials are organic or synthetic materials of biologic
composition used for internal fixation of fracture. Biomaterial
devices which are manufactured for large number of orthopedic
applications are commonly termed as ‘Implants’. These
biomaterials help in re-establishing the structural integrity of the
damaged bone due to trauma or diseased conditions. Biocompatibility
of the material is the primary factor to be considered before its
usage in orthopedic applications. Other characteristics on which the
success of biomaterials in biological applications depends on the
choice of material for its construction, appropriate design,
stability and various properties like hardness and tensile strength
and their interaction with soft and hard tissues and intra and
extracellular fluids of the human body and blood.
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The
orthopedic biomaterials market is categorized on the type of
biomaterial, its application and by geography. The major types of
biomaterials used in the orthopedic applications are divided into two
groups; metals and non-metals:
- Metals
- Stainless steels: 316L
- Titanium and titanium-base alloys
- Cobalt alloys
- Non-Metals
- Polymers
- Ceramics
- Composites
The
orthopedic implants by application are categorized as follows:
- Orthobiologics
- Joint replacements
- Viscosupplementation
- Bioresorbable tissue fixation products
- Nonconventional modular tumor implants
- Spine implants
Globally,
North America dominates the orthopedic biomaterials market due to
increase in aging population and is followed by European countries,
Asia and rest of the world. Developing countries in Asia such as
China and Taiwan are expected to undergo rapid market growth due to
rising awareness of biodegradable products, vigorous research-related
activities, collaborations and undertaking of various health
conferences and conventions both by governments and private bodies.
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One
of the major drivers for this market is the vigorous ongoing research
in development of biomaterials and its widened scope of applications.
Other factors driving the orthopedic biomaterials market include
increase in investments for novel development, government initiative
of funding and grants, advancement in technologies and increase in
elderly population. The key deterrents responsible for curbing the
market growth are lack of data for long term performance of clinical
studies, stringent regulatory laws, post implantation issues such as
fracture fatigue and dicey reimbursement policies.
Some
of the key players in orthopedic biomaterials market are Carpenter
Technology Corporation, Materion Corporation, Ulbrich Stainless Steel
& Special Metals, Inc., Heraeus Medical Components, CeramTec (a
subsidiary of Rockwood Holdings Inc.), Ceradyne, Inc., Kyocera
Corporation, Bayer, Purac Biomaterials, DSM Biomedical, Inc., Evonik
Industries AG, Cam Bioceramics B.V., Ticona GmbH, Osteotech, Inc.,
Starch Medical, Inc. and Landec Corporation.
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