The global biosurgery market was valued at US$ 13,887.5 Mn in 2021 and is forecast to reach a value of US$ 22,212.9 Mn by 2028 at a CAGR of 6.9% between 2022 and 2028.
Global Biosurgery Market Trends:
Increase in number of surgical procedures is a recent trend. The increase in the burden of cardiovascular diseases (worldwide) leads to an increase in number of surgical procedures. This in turn has increased demand for advanced surgical tools and devices, and thus, players in the market are focusing on launching novel products due to the growing burden of cardiovascular disease coupled with the increasing geriatric population. This in turn is expected to drive the growth of the global biosurgery market.
Increase in research and development (R&D) is another trend. The market is currently revolutionizing the treatment regimen for various diseases, and the market is in a drastic developmental phase right now. Various research and development (R&D) activities are happening currently, which is expected to provide tremendous growth opportunities for players in the market. This trend is also expected to continue over the forecast period, driving the growth of the global biosurgery market.
Biosurgery Market Report Snapshots
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