Global Biosurgery
Market Report
2024
The biosurgery market was valued at USD 12.24 billion in 2022 and is projected to reach USD 21.23 billion by 2030, registering a CAGR of 5.7% for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per the Cognative Market Research's latest report, The Biosurgery market was valued at USD 12.24 billion in 2022 and is projected to reach USD 21.23 billion by 2030, registering a CAGR of 5.7% for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Biosurgery Market Sales Revenue 2022 | $ 12.24 Billion |
Global Biosurgery Market Sales Revenue 2030 | $ 21.23 Billion |
Global Biosurgery Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.7% |
Market Split by Product |
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Market Split by Application |
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Market Split by End Users |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Biosurgery Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Biosurgery describes the use of living maggots on wounds to remove devitalized tissue, decrease the risk of infection and improve wound healing. It is a type of adjunct to the entire spectrum of the topical treatment procedure, in specific for debridement. It includes natural, semi-synthetic, and synthetic materials to seal wounds. At the time of surgery, the patient is losing more blood, which is a concern for the anesthetist and surgeon. Assessment of proper blood loss is important because ignorance may lead to becoming more complicated. About 75% of all trauma patients with bleeding present with coagulation in the hospital. Nowadays, there is a rise in the number of failures of multiple organs and death of the patient because of loss in the coagulator. An increase in the adoption of biosurgery in the market and rapidly developing modern technology are expected to offer positive demand for operating the biosurgery market.
An increase in the geriatric population is a driving factor for the growth of the geriatric population all over the world. For example, in elderly population may cause changes in the heart and blood vessels that may raise a person’s risk of developing chronic diseases such as diabetes, and heart disease stroke. And also, the impact of post-surgical adhesion formation leads to different problems in several surgeries, such as high abdominal pain, and physical impairment of patients after neurological surgeries. Considering the rise in the number of surgical procedures performed worldwide, the significance of this product will be more in the upcoming year.
The biosurgery market is highly competitive in terms of expenses, payable to a highly competitive intensity between existing players. There are so many products in the market that have high prices. The high cost and unfavorable compensation structure for these products in emerging countries make them expensive for a larger section of the target patient population. Due to the high expense of biosurgery, most people are preferring other products such as ligatures-based methods and sutures during surgery across the emerging country. The biosurgery products that are now available in the market are made difficult to recreate with poor shelf life therefore, there is an increasing demand for low-expense products which are easy to handle and have a better shelf life. So, various manufacturers and companies can increase the focus on compensation structure and increase the awareness about biosurgery.
The emergence of new technologies offers better and highly efficient solutions. Biosurgery market systems such as robotics perform several tasks with better accuracy and reduce human efforts. In addition, new technology brings higher growth all over the world. Different research and development activities are happening currently which is expected to provide high growth opportunities for the player in the market. Biosurgery is the main alternative to open-heart surgery and it helps in bringing innovation to healthcare facilities. It has brought new products like hemostats which are useful for the help to control bleeding during the operation, and sealants which are useful for the seal leak of blood and air and used during surgery so this type of new innovative witness a significant impact on the biosurgery market.
On Biosurgery market the covid-19 had a negative impact. At the time of covid 19 lockdown rules and execution of social distancing norms in different regions were restricted and limited on various unnecessary surgeries and unnecessary medical procedures. And the surgical procedures have observed a decrease. Medical technology companies stated that nearly 22% of biosurgery revenue declined due to the cancellation of unnecessary surgical procedures.
However, the global biosurgery market size is expected to rise in the upcoming year, because the biosurgery market has acquired increased investment by governments and private organizations in the medical device sector, a rise in spending on research and development, and innovative product launches by top players. Mainly the rise in the biosurgery market is because of the increases in chronic diseases and government different compensation planning and new advanced technology which affects significant growth in the biosurgery market.
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For strategic transformation, Sanofi company focuses on the launching product portfolio to concentrate on a key development platform, which is helpful to manage bleeding in abdominal and pelvis operations.
Leading Global technology company declared that it has completed the acquisition of Straub Medical AG, a privately-held company that develops and sells medical thrombectomy and atherectomy devices that treat venous and peripheral arterial disease. Also, Becton, Dickinson, and Company welcome 80 new associates who build on valuable expertise, experience, and technology.
The company launched a new product named Myriad Morecells, a morselized (Powder) format of Myriad Matrix that is easily helpful for the enhanced contact with irregular wound beds. Nowadays it is showing significant impact and use in the surgical treatment of complex wounds and exposed vital structures.
Top Companies Market Share in Biosurgery Industry: (In no particular order of Rank)
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In 2020, North America accounted for the largest global market share. The rise and the increasing number of surgical operations, the adoption of advanced products, and the presence of different leading market players in the U.S. are the major factors driving the market growth in this region.
Asia Pacific is projected to witness positive growth in the biosurgery market due to development in healthcare facilities and healthcare policies in advancing economics. An increase in awareness of biosurgery operations will help the growth of biosurgery markets in the upcoming year.
The current report Scope analyzes Biosurgery Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Biosurgery Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Biosurgery Industry growth. Biosurgery market has been segmented with the help of its Product, Application End Users, and others. Biosurgery market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The biosurgery market is segmented by product type soft tissue attachment, Biological meshes, Bone graft substitutes, Sealants, Haemostats, and Adhesion barriers. Anti-adhesive agent. In product segment, the bone graft segment was the highest in the market in 2020, and its growth is expected to continue in the upcoming year, due to a hike in the need for bone graft substitute products and a rising number of surgeries and sports injuries.
However, the anti-adhesive segment is expected to observe substantial growth during the forecast period, owing to a rise in the occurrence of surgeries such as abdominal surgery and cardiovascular which hike the demand for anti-adhesive in biosurgery.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Biosurgery Industry. Request a Free Sample PDF!
The market is segmented by application into neurological, general, orthopedic, cardiovascular, and others. By application, the neuro and spine surgery segment is highly contributed to the market in 2020, and this trend is expected to continue during the upcoming year due to the rising occurrence of neurological disorder
However, the general surgery segment is expected to observe considerable demand during the upcoming year, due to rising in the occurrence of surgeries, a hike in sedentary lifestyles, and rising in the elderly population.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Biosurgery market report 2024 Edition by contacting our team.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Biosurgery Market is witnessing significant growth in the near future.
In 2023, the Soft tissue attachment segment accounted for noticeable share of global Biosurgery Market and is projected to experience significant growth in the near future.
The Neuro and spine surgery segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Baxter International Limited , Hemostasia LLC and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Product | Soft tissue attachment, Biological meshes, Bone graft substitutes, Sealants, Hemostats, Adhesion barrier, Anti Adhesive agents |
Application | Neuro and spine surgery, General surgery, Orthopedic surgery, Cardiovascular surgery, Others |
End Users | Hospitals, Clinics, Others |
List of Competitors | Baxter International Limited, Medtronic, Hemostasia LLC, Johnson & Johnson Services Inc., CSL Limited, Pfizer Inc., RTI Surgical Holdings Inc., Stryker Corporation, B. Braun Melsungen AG, CryoLife Inc., TELA Bio Inc, Tissue Regenix, Osiris Therapeutics Inc |
This chapter will help you gain GLOBAL Market Analysis of Biosurgery. Further deep in this chapter, you will be able to review Global Biosurgery Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Biosurgery Market Trends North America Biosurgery Technological Road Map North America Biosurgery Market Drivers North America Biosurgery Market Restraints North America Biosurgery Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by End Users Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Biosurgery market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Soft tissue attachment have a significant impact on Biosurgery market? |
What are the key factors affecting the Soft tissue attachment and Biological meshes of Biosurgery Market? |
What is the CAGR/Growth Rate of Neuro and spine surgery during the forecast period? |
By type, which segment accounted for largest share of the global Biosurgery Market? |
Which region is expected to dominate the global Biosurgery Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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