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How has the orthopedic biomaterials market grown in recent years?

The market size for orthopedic biomaterials has seen rapid expansion in the recent past. The market, which was valued at $20.51 billion in 2024, is predicted to surge to $22.6 billion in 2025, with a compound annual growth rate (CAGR) of 10.2%. Technological advancements, increased healthcare spending, an expanding number of healthcare facilities, and economic growth are all significant contributors to this historic period of growth.

How is the orthopedic biomaterials market size expected to evolve during the forecast period?

The market size of malt ingredients is predicted to experience substantial growth in the upcoming years, escalating to $30.59 billion in 2029, with an annual growth rate of 5.9%. This expansion in the forecasted period can be accredited to changes in consumer flavor preferences, globalization, growth in the international market, advancements in functional beverages, a focus on sustainability and organic materials, and an increase in gluten-free and specialty malt offerings. Key trends in the forecasted period comprise of changing consumer tastes, the rise of craft brewing and distilling, health and wellness considerations, brewing technique innovations, and the broadening range of beverage options.

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Which key drivers are propelling the orthopedic biomaterials market’s growth?

The orthopedic biomaterials market is likely to be propelled by the escalating occurrences of musculoskeletal disorders. These disorders result in fractures and inflammation in joints, ligaments, and tendons, leading to mobility issues. It has been observed that musculoskeletal conditions tend to intensify with advancing age. To exemplify, a report by GOV.UK, a UK government body, in January 2024 stated that around 18.4% of individuals above 16 years of age in 2023 reported long-term musculoskeletal conditions. This was a leap from the 17.6% rate observed in 2022. Therefore, the growing prevalence of musculoskeletal disorders is anticipated to fuel the orthopedic biomaterials market.

What are the market segments in the orthopedic biomaterials industry?

The orthopedic biomaterials market covered in this report is segmented –

1) By Material Type: Ceramics And Bioactive Glasses, Calcium Phosphate Cements, Polymers, Metal, Composites

2) By Application: Orthopedic Implants, Joint Replacement/Reconstruction, Bio-Resorbable Tissue Fixation, Other Applications

3) By End-User: Hospitals, Clinics, Other End-Users

Subsegments:

1) By Ceramics And Bioactive Glasses: Bioactive Glasses, Alumina Ceramics, Zirconia Ceramics

2) By Calcium Phosphate Cements: Hydroxyapatite (HA) Cements, Tricalcium Phosphate (TCP) Cements, Biphasic Calcium Phosphate Cements

3) By Polymers: Polyethylene (PE), Polymethyl Methacrylate (PMMA), Polyetheretherketone (PEEK)

4) By Metal: Titanium Alloys, Stainless Steel, Cobalt-Chromium Alloys

5) By Composites: Fiber-Reinforced Composites, Polymer-Ceramic Composites, Metal-Ceramic Composites

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Which leading companies are shaping the growth of the orthopedic biomaterials market?

Major companies operating in the orthopedic biomaterials market include Medtronic PLC, Johnson & Johnson, Stryker Corporation, Zimmer Biomet, Smith & Nephew, NuVasive, Wright Medical Group N.V., Orthofix Medical Inc., Acelity, Conmed Corporation, Aesculap, Seaspine Holdings Corporation, Bone Support AB, Bioventus, K2M Group Holdings, Inc., MTF Biologics, Amedica Corporation, TPL Biomed, Fidia Farmaceutici S.p.A., OsteoRemedies, Xtant Medical, RTI Surgical Holdings, Inc., LifeNet Health, VIVEX Biologics, DJO Global, MedShape, Evonik Industries AG, Heraeus Medical, 3M Company, Collagen Solutions plc

What key trends are currently impacting the orthopedic biomaterials market’s development?

One of the latest trends in the orthopedic biomaterials market is the usage of 3D printing for creating orthopedic implants. The 3D printing technology, versatile in creating medical equipment with complex structures, allows for customization based on individual patient’s anatomy. This technology also facilitates the creation of implants with more natural shapes, and includes the construction of porous bone replacement scaffolds which can be integrated into the implant design, thus encouraging natural bone growth and increasing implant reliability. The trend of using 3D printing for orthopedic implants has attracted several participants to this market. For example, Evonik, a German chemical firm, has invested in Meditool, a Chinese startup specializing in the creation of 3D printed implant models using the polyether ketone (PEEK) polymer, which is supplied by Evonik.

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Which geographic areas are influencing the growth of the orthopedic biomaterials market?

North America was the largest region in the orthopedic biomaterials market in 2024. Western Europe was the second largest region in the orthopedic biomaterials market report. The regions covered in the orthopedic biomaterials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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