Global Biosurgery Market accounted to USD 1.50 billion and growing at a CAGR of 6.5% during the forecast period. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
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Bio-surgery includes a wide range of surgical techniques that includes natural or synthetic materials to seal surgical incisions, few lubricants to allow joint movements, and products that permit tissue repairs. These biosurgery products help in the process of surgery to minimize intra and post-operative complications. Bio surgery products are also engaged to facilitate the hard tissue regeneration in ortho-biologics. Some of the major players operating in global biosurgery market are
- Johnson & Johnson
- Baxter International
- Stryker Corporation
- Hemostasis, LLC
- Kuros Biosciences AG
- Maquet Getinge Group
Others: C. R. Bard, CryoLife Inc., BD, Boston Scientific, Toshiba Corporation, Terumo Corporation, Nihon Kohden, Conmed, Seimens, General Electric and Company, B. Braun Melsungen AG, Haemostasis LLC, Kuros Bioscience, and Sanofi among others.
Major market drivers and restraints: Global Biosurgery Market
- Increasing Number of Surgeries
- Growing Focus on Effective Blood Loss Management in Patients During Surgeries
- Higher Price of Biosurgery Products
- Improving Healthcare Systems in Developing Markets
- Necessity of Skilled Personnel
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Market Segmentation: Global Biosurgery Market
- By type the global biosurgery market is segmented into sealants, hemostatic agents, soft tissue attachments (patch/mesh), adhesion barriers, bone graft substitutes, and staple line reinforcement agents.
- Sealants are sub-segmented into natural/biological sealants, and synthetic & semi-synthetic sealants. Natural/biological sealants are again sub-segmented into fibrin sealants, gelatin-based sealants, collagen-based sealants, human blood-based sealants, animal-based sealants and other natural sealants. Synthetic and semi-synthetic sealants are again sub-segmented into cyanoacrylates, polymeric hydrogels, urethane-based sealants, and other synthetic & semi-synthetic sealants.
- Adhesion barriers are sub-segmented into natural adhesion barriers and synthetic adhesion barriers.
- Natural adhesion barriers are again sub-segmented into fibrin-based adhesion barriers and collagen & protein. Synthetic adhesion barriers are again sub-segmented into regenerated cellulose, hyaluronic acid (HA), polyethylene glycol (PEG), and others.
- Soft tissue attachments (patch/mesh) are sub-segmented into synthetic meshes & biological meshes.
- On the basis of surgeries the global biosurgery market is segmented into orthopedic surgeries, neurological surgeries, general surgeries, cardiovascular surgeries, reconstructive surgeries, urological surgeries, gynecological surgeries, and thoracic surgeries.
- On the basis of geography, global biosurgery market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
- Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
- North America is expected to dominate the market.
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