Find Out What Are The Important Factors To Raise The Biosurgery Market In Near Future 2022 - 2026


Health9000

Uploaded on Nov 3, 2022

The report "Biosurgery Market by Product Type (Sealants, Hemostats, Adhesion Barrier, Soft Tissue Attachments, Biological Meshes, DBM, Bone Graft Substitutes), Application (Orthopedic, Cardiovascular), End User (Hospitals, Clinics) - Global Forecast to 2026", is projected to reach USD 16.0 billion by 2026 from USD 12.2 billion in 2021, at a CAGR of 5.7%

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Find Out What Are The Important Factors To Raise The Biosurgery Market In Near Future 2022 - 2026

Biosurger y Market oAf 5t .7a% CAGR The report "Biosurgery Market by The prominent players in this market Product Type (Sealants, are Johnson & Johnson (US), Baxter Hemostats, Adhesion Barrier, International Inc. (US), Medtronic Plc Soft Tissue Attachments, (Ireland), Becton, Dickinson & Co. (US), Biological Meshes, DBM, Bone B. Braun Melsungen AG (Germany), Stryker Corp. (US), Integra Graft Substitutes), Application Lifesciences Holdings Corp. (US), CSL (Orthopedic, Cardiovascular), End Ltd. (Australia), Hemostasis LLC. (US), User (Hospitals, Clinics) - Global Pfizer Inc. (US), Cyrolife Inc. (US), Forecast to 2026", is projected to Zimmer Biomet (US), Kuros Biosciences reach USD 16.0 billion by 2026 AG (Switzerland), Orthofix Medical Inc. from USD 12.2 billion in 2021, at a (US), and Smiths & Nephew Plc. (UK). CAGR of 5.7% during the forecast period. Johnson & Johnson (US) held the leading position in the biosurgery market in 2020. The company offers a wide range of biosurgery products including bone graft substitutes, soft tissue attachments, hemostats, staple line reinforcement agents, and surgical sealants and adhesives. The company has a strong geographic presence established through its manufacturing and distribution facilities, across the globe. The company leverages its research capabilities and innovative product portfolio to ensure a leading position in the biosurgery market. I n FY2020, company invested about USD 12.2 Billion in R&D, out of which about USD 2.1 billion were invested in Medical Devices business segment, an increase of 9.8% in comparison to FY2019. Medtronic Plc (Ireland) held the second position in the global biosurgery market. Company has exhaustive product portfolio, specifically in bone graft substitutes and soft tissue attachment category. Additionally, the company leverages its research capabilities and innovative product portfolio to ensure a leading position in the biosurgery market. I n FY2020, the company invested USD 2,331 million in R&D, up from USD 2253 million in FY2018. Medtronic focuses on organic growth strategies such as innovation, product launch and approval for its growth in the biosurgery market, as evidenced by its recent product approval and launches during FY2018 to FY2019 across orthopedic and spine surgery portfolio. The surgical sealants and adhesives segment is expected to grow at the highest CAGR The orthopedic segment accounted for the largest share Hospitals segment accounted for the largest share Asia Pacific is expected to show the highest growth rate Facebook MarketsandMarkets™ INC. About Us LinkedIn MarketsandMarkets™ provides quantif ied Twitter B2B research on 30,000 high growth niche opportunit ies/threats which will impact 70% to 80% of worldwide 630 Dundee Road companies’ revenues. Currently servicing Suite 430 7500 customers worldwide including Northbrook, IL 60062 USA : 1-888-600-6441 80% of global Fortune 1000 companies as clients. Almost 75,000 top off icers sales@marketsandmarket across eight industries worldwide approach MarketsandMarkets™ for their s.com painpoints around revenues decisions.