Bioresorbable Implants Market, By Material Type (Metallic and Polymer), By Application (Orthopedic, Cardiovascular, Others), By End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jul 2024

Code : CMI2478

Pages :169

Formats :

Excel and PDF

Industry : Medical Devices

Regional Analysis

Bioresorbable Implants Market Regional Insights

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North America dominates the global bioresorbable implants market with an estimated market share of 40.2% in 2024, owing to strong presence of key players and availability of advanced healthcare facilities in the region. The U.S. accounts for majority share in the North American as well as global market. Strong focus on research and development activities coupled with growing adoption of minimally invasive surgeries can drive the market growth in the region. Moreover, favorable regulatory approvals and reimbursement policies also drives the market growth.

Asia Pacific region has emerged as the fastest growing market for bioresorbable implants. Rapidly developing healthcare infrastructure, increasing medical tourism and growing incidences of chronic diseases across major Asian countries including China, India and Japan can drive the market growth. Growing awareness about such innovative implants and improving access to healthcare attracts patients as well as international players in the region. China dominates the Asia Pacific market owing to large patient pool, reduction in treatment costs, and increase in disposable incomes.