Biomaterial is acquiring a huge demand for the treatment of different diseases and condition. They have got a special attention in the orthopedic segment. Many different type of implant are prepare by using biomedical. Increasing aging population is the major driver for the growth of orthopedic market in Europe Middle East and Africa. As this material did not cause any immunological reaction with the body, this makes it as a first choice of preference for manufacturing of the implants. Due to lack of exercise the many different bones and muscle related complication are occurred. This led to increase in the market of orthopedic biomedical in Europe and Middle East and Africa.
Europe, Middle East and Africa orthopedic medical market is expected to grow at a CAGR of 11.2% during forecasted period 2017-2023.
Segments:
Orthopedic Biomaterials Market is segmented on the basis of, by type of material which is Metals and Non-metals. Metals are further sub segmented into stainless steel, Titanium Alloy, Cobalt alloy and others. Non Metal is sub segmented into Ceramic (Alumina, Calcium Phosphate, Zirconium dioxide. Carbon and Other), Polymeric (Polymethylmethacrylate, Polyethylene, Silicone, Polyester and Other), Natural Biomaterials (Collagen, Chitin & Chitosan and Other) and Others.
On the Basis of application the market is segmented into Joint Replacement, fracture Fixation Devices, Tissue Fixation, Spine implants, Viscosupplementation and Other. Joint replacement is sub segmented into Hip replacement, Knee replacement, Shoulder and elbow replacement and other. Tissue fixation is sub segmented into interference screws, suture anchors and others. Spine implants is further sub segmented into spine fusion, other. Fracture Fixation Devices are sub segmented into Screws, Plates for Bones, Rods and other.
Regional Analysis
Europe and Middle East and Africa are the two major region of the market. Europe has the second largest market for orthopedic biomedical globally. Patient with high level of pain in the bones has no option other than joint replacement which improves the quality of life. Germany and UK are invest ample amount of capital in import of the implants. This can serves as an opportunities for the manufacturer to develop the market in this countries. Due to limited infrastructure development Middle East and Africa has a least orthopedic biomedical market.
The report for Europe, Middle East and Africa Orthopedic Biomaterial Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.