Biosurgery Market Global Key Players, Market Dynamics, Development, Segmentation, Trends, Share, Scope, Market Overview, Revenue and Forecasts to 2029
PUNE, MAHARASHTRA, INDIA, August 5, 2022 /EINPresswire.com/ — Biosurgery market is the practise of cleaning a wound or contaminated area with live organisms like as larvae or maggots. The treatment is centuries old, yet it has remained popular in society due to the benefits it provides. The living organisms utilised in this treatment eat up the cleansed region as well as bad bodily growth, while cleansing away the beneficial material. Tissue management and regenerative tissue healing are other applications of the treatment. Maggot therapy and larval therapy are other terms for the same treatment.
The hospital segment has the largest proportion of the market. The growing number of hospitals, as well as infrastructural and economic growth, can be linked to this segment’s considerable proportion, particularly in emerging markets. Data Bridge Market Research analyses that the physical therapy market was USD 12.2 billion in 2021 and is further estimated to reach USD 19.74 billion by 2029, and is expected to grow at a CAGR of 6.2% during the forecast period of 2022 to 2029.
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Biosurgery Market Dynamics
• Rise in the cases of surgeries
The number of procedures requiring long operating hours has increased as the number of accidents has increased. As a result, the demand for appropriate blood loss management products during surgical procedures has skyrocketed.
• A strong concentration on research and development
Biosurgery has become more popular as a result of technical breakthroughs and innovations in healthcare facilities. As an alternative to traditional open surgery, biosurgery plays a critical role here. As a result, technical improvements have occurred.
• Growing demand for effective blood loss management in patients
The biosurgery market is developing due to the increasing acceptance of biosurgery products over conventional goods and their effectiveness in managing blood loss.
In addition, the rise in the health awareness, expanding healthcare expenditure, growing medical tourism, and fast improving healthcare infrastructure is further estimated to provide potential opportunities for the growth of the biosurgery market in the coming years.
Some of the major players operating in the biosurgery market are
• Baxter (US)
• BD (US)
• Johnson & Johnson Services, Inc. (US)
• Medtronic (US)
• Sanofi (France)
• B. Braun Melsungen AG (Germany)
• CryoLife, Inc. (US)
• Stryker Corporation (US)
• Hemostasis, LLC (US)
• Integra LifeSciences Corporation (US)
• Pfizer Inc. (US)
• CSL Limited (Australia)
• Exactech, Inc. (US)
• RTI Surgical Holdings, Inc. (US)
• Getinge AG (Sweden)
• SAMYANG HOLDINGS CORPORATION. (US)
• AROA BIOSURGERY LIMITED (New Zealand)
• TELA Bio, Inc. (US)
• Tissue Regenix (UK)
• Osiris Therapeutics, Inc. (US)
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Global Biosurgery Market Scope and Market Size
The biosurgery market is segmented on the basis of product, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
• Bone-Graft Substitutes
• Soft-Tissue Attachments
• Hemostatic Agents
• Surgical Sealants and Adhesives
• Adhesion Barriers
• Staple-Line Reinforcement Agents
On the basis of product, the biosurgery market is segmented into bone-graft substitutes, soft-tissue attachments, hemostatic agents, surgical sealants and adhesives, adhesion barriers and staple-line reinforcement agents. The bone-graft substitutes are further sub segmented into demineralized, bone matrix, synthetic bone grafts, bone morphogenetic proteins and others. The soft-tissue attachments can further sub segmented into synthetic meshes and biological meshes. Hemostatic agents are further sub segmented into thrombin-based hemostatic agents, oxidized regenerated cellulose-based hemostatic agents, combination hemostatic and agents. Surgical sealants and adhesives can be also further sub segmented into natural/biological sealants and adhesives types, natural/biological sealants and adhesives origin and synthetic and semi-synthetic sealants and adhesives
Based on application, the biosurgery market is segmented into general surgery, cardiovascular surgery, orthopaedic surgery, neurological surgery, reconstructive surgery, gynaecological surgery, thoracic surgery and urological surgery.
On the basis of end user, the biosurgery market is segmented into hospitals, clinics and others.
Biosurgery Market Regional Analysis/Insights
The biosurgery market is analysed and market size insights and trends are provided by country, product, application and end user as referenced above.
The countries covered in the biosurgery market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the biosurgery market due to the long-standing healthcare industry. Furthermore, the rise in the incidence of obesity and cardiovascular diseases will further boost the growth of the biosurgery market in the region during the forecast period.
Asia-Pacific is projected to observe significant amount of growth in the biosurgery market due to the developments in the healthcare facilities and reimbursement policies in advancing economies. Moreover, the rise in the awareness associated to the advanced surgical procedures is further anticipated to propel the growth of the biosurgery market in the region in the coming years.
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The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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