Osseointegration Implants Market to witness $9.84 Billion by 2025

“Prevalence of orthopedic diseases, increase in adoption of minimally invasive surgeries, and supportive reimbursement policies proffered by insurance companies have fueled the market growth. On the other hand, high initial costs related to osseointegration implants devices and stringent approval process restrain the market growth. However, technological advancements and increase in acceptance of implantable medical devices create new opportunities in the market.”

As per the report, the global osseointegration implants was estimated at $5.64 billion in 2017, and is anticipated to hit $9.84 billion by 2025, garnering a CAGR of 7.1% from 2018 to 2025. The research provides a thorough analysis of competitive landscape, changing market dynamics, major segments, market size & projections, and top investment pockets.

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Prevalence of orthopedic diseases, increase in adoption of minimally invasive surgeries, and supportive reimbursement policies proffered by insurance companies have fueled the market growth. On the other hand, high initial costs related to osseointegration implants devices and stringent approval process restrain the market growth. However, technological advancements and increase in acceptance of implantable medical devices create new opportunities in the market.

Bone-anchored prostheses accounted for nearly two-thirds of the total market share in 2017 and is expected to dominate throughout the forecast period. Metallic material accounted for more than two-thirds of the total market share in 2017 and will retain its top status throughout the forecast period. And, polymeric material is expected to register the highest growth rate with a CAGR of 12.5% from 2018 to 2025. By region, North America held the major market share, contributing nearly half of the market share in 2017 and will maintain its dominance by 2025. And, Asia-Pacific is expected to register the highest growth rate with a CAGR of 9.1% from 2017 to 2025.

The report includes a detailed analysis of the major market players, such as LLC, Danaher Corporation, Integrum SE, Bicon, Henry Schein, Inc., Smith and Nephew Plc., Dentsply Sirona, Osstem Implant, Stryker Corporation, Zimmer Biomet Holdings, and Straumann AG Group. 

More info on this report @ https://www.prnewswire.com/news-releases/osseointegration-implants-market-to-reach-9-84-bn-globally-by-2025-at-7-1-cagr-allied-market-research-300806666.html

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