Various dental, orthopedic, and other surgeries use bioresorbable implants. Additionally, a high frequency of cardiovascular disease is anticipated to fuel demand for cardiovascular procedures, which would in turn fuel market expansion. According to the World Health Organization's (WHO) May 2017 factsheet, 17.9 million deaths globally in 2016 were attributed to cardiovascular disease, or 31% of all fatalities.
The global Bioresorbable Implants Market size was valued at US$ 5,543.1 million in 2017, and is expected to exhibit a CAGR of 7.7 % over the forecast period (2018 – 2026).
Major Players in the Bioresorbable Implants Industry:
1. Bioretec Ltd
Bioretec Ltd was founded in 1998 and its headquarter in Western Finland, Finland .The company operates in 40 countries.In 2023 Bioretec announced today that it acquired a new CNC machining center to increase the production capacity
2. CONMED Corporation
CONMED Corporation, , was launch in 1970. And its headquarter - Utica, New York, United States. It operate over 100 country 2022 CONMED Announces Definitive Agreement to Acquire Biorez, Inc. * Through this acquisition, CONMED acquires next generation bioinductive.
3. Depuy Synthes,
Depuy Synthes,was launch in 1985 and it’s headquarter located in Paramount Drive, Raynham, MA , United States..it operate over 60 country .
4. Stryker Corporation
Stryker Corporation, was launch in 1941 and it’s headquarter located in Kalamazoo, Michigan, United States.it operate over 100+ country.
5. Zimmer Biomet Holdings, Inc.
Zimmer Biomet Holdings, Inc. founded in 1927, its headquarters located in Warsaw, Indiana, United States. With businesses in over 100 countries.
6. Smith & Nephew Plc.,
Smith & Nephew Plc., was launch 1856 and its headquarter London, United Kingdom. It operate over 100 country. mith & Nephew acquires Herts Pharmaceuticals, introducing pharmaceutical and skincare products to the Group, as well as laboratory and technical resources
7. Boston Scientific Corporation
Boston Scientific Corporation l Founded in 1979. Its Headquarters located Marlborough, Massachusetts, United States. With businesses in over 100+ countries.
*Definition- Bioresorbable implants are biologically integrated into the body, which gradually decomposes after a stipulated time.
