The market is expected to grow at a CAGR of 9.5% from 2017-2022, owing to increasing number of surgeries and rising demand for technologically upgraded surgical processes. Rising cases of sports related injuries and increasing geriatric population are also factors responsible for growth of biosurgery market. Increasing number of surgeries and rising adoption of minimally invasive surgeries across the globe are driving the market. Biosurgery enable to enhance physician’s efficiency during various critical surgeries of CVD, urology, orthopedic, thoracic and so on. Bio-surgery involves a range of surgical techniques which includes natural or synthetic materials to seal surgical incisions that are biodegradable in nature. Hemostatic agents and sealants provided by the biosurgery market players are used during the surgeries to stop bleeding and seal wounds in surgery. Biosurgeries products such as surgical sealant, soft tissue attachments, bone graft substitutes are increasingly adopted across the globe which also helps in post surgery complications. Other products such as collagen based hemostatic powder, biodegradable guided healing membrane, hemostatic and osteoconductive bone substitute matrix are the products used in the biosurgery market that are widely adopted across the globe.
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Moreover, various other biosurgery products available in the market include hemostatic products, sealants, soft tissue repair products, staple line reinforcement products and adhesion prevention products. The natural bio surgery products comprise allografts, cultured epithelial autografts, and xenografts However, high costs of biosurgery and lack of reimbursements act as inhibiting factors for market growth. Various innovations and investments in research and development by key market players are expected to create opportunities for biosurgery products, especially in emerging markets.
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Biosurgery MARKET SEGMENTATION
REST OF THE WORLD
AROABIO SURGERYPRODUCT PORTFOLIO
AROABIO SURGERYRECENT ACTIVITIES
ATRIUM MEDICAL CORPORATIONPRODUCT PORTFOLIO
ATRIUM MEDICAL CORPORATIONRECENT ACTIVITIES
B. BRAUNMELSUNGENAG PRODUCT PORT FOLIO
B. BRAUNMELSUNGENAGRECENT ACTIVITIES
BAXTERINTERNATIONALINC. PRODUCTPORT FOLIO
BAXTERINTERNATIONALINC. RECENT ACTIVITIES
C.R. BARD, INC.
C.R. BARD, INC. PRODUCTPORTFOLIO
C.RBARD, INC. RECENTACTIVITIES
CRYOLIFE, INC. PRODUCTPORTFOLIO
CRYOLIFE, INC. RECENTACTIVITIES
STRYKER CORPORATION RECENT ACTIVITIES
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