Report Overview

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

Global Biosurgery Market Outlook

The global biosurgery market size attained a value of USD 15.44 billion in 2023, driven by the rising use of biosurgery products to prevent excessive blood loss during surgeries and improve efficiency. The market is anticipated to grow at a CAGR of 7.2% during the forecast period of 2024-2032 to attain a value of USD 28.86 billion by 2032.

Rising Preference for Biosurgeries is Augmenting the Market Growth

The global market for biosurgery is being driven by the flourishing healthcare sector around the world. Owing to different factors such as old age, accidents, musculoskeletal disorders, among others, surgical procedures are augmenting the demand for biosurgery products, thereby invigorating the market growth. Biosurgery aids in preventing excessive blood loss during surgeries, thus preventing fatalities during the surgical procedure, thereby incrementing the efficiency of the surgeons.

Global Biosurgery Market

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Moreover, several technological advancements, including the development of plasma-based, multifunctional and multi-use products for biosurgeries are accelerating the market growth. In addition to this, biosurgery products that favour accelerated healing and reduction in post-op recovery are additional factors influencing the growth of the market.

Biosurgery: Market Segmentation

Biosurgery refers to a medical procedure involving the use of sterile maggots to treat patients with infected wounds, primarily in cases when the infection is resistant to traditional antibiotic treatment.

Global Biosurgery Market

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On the basis of product, the market can be divided into:

  • Bone-Graft Substitutes
  • Soft-Tissue Attachments
  • Haemostatic Agents
  • Surgical Sealants and Adhesives
  • Adhesion Barriers
  • Staple Line Reinforcement

Based on application, the market can be categorised into:

  • Orthopaedic Surgery
  • General Surgery
  • Neurological Surgery
  • Cardiovascular Surgery
  • Gynaecological Surgery
  • Others

The EMR report looks into the regional markets of biosurgery like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Advancements in Healthcare Structure to Boost the Market growth of Biosurgery

The market growth of biosurgery can be attributed to advancements in the field of surgeries in the recent years. The introduction of surgical robots has led to a surge in the number of surgeries as robotic surgery minimises human contact and is driven on advanced computing technologies, which reduces the risk of error. Thus, these advancements are pushing the demand for biosurgery products and positively influencing the market growth. Furthermore, the rising adoption of biosurgeries for effective blood loss management through minimally invasive haemostatic agents and surgical sealants instead of conventional staples and sutures is another factor providing impetus to the market. In addition to this, the market growth can further be associated with robust investments into the healthcare structure and various research and development (R&D) activities.

Global Biosurgery Market

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Key Industry Players in the Global Biosurgery Market

The report presents a detailed analysis of the following key players in the global biosurgery market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Baxter International Inc.
  • Medtronic PLC
  • B. Braun Melsungen AG
  • Johnson and Johnson Services, Inc.
  • CryoLife Inc.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • End User
  • Region
Breakup by Product
  • Bone-Graft Substitutes
  • Soft-Tissue Attachment
  • Haemostatic Agents
  • Surgical Sealants and Adhesives
  • Adhesion Barriers
  • Staple Line Reinforcement
Breakup by Application
  • Orthopaedic Surgery
  • General Surgery
  • Neurological Surgery
  • Cardiovascular Surgery
  • Gynaecological Surgery
  • Others
Breakup by End User
  • Hospitals
  • Clinics
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Baxter
  • BD
  • Johnson & Johnson Services, Inc.
  • Medtronic
  • B. Braun Melsungen AG
  • CryoLife, Inc.
  • Stryker Corporation
  • Integra LifeSciences Corporation
  • Hemostasis, LLC
  • CSL Limited
  • AROA BIOSURGERY LIMITED
  • TELA Bio, Inc.
  • Tissue Regenix
  • Osiris Therapeutics, Inc.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

Globally, Biosurgery Market market reached a value of USD 15.44 billion in 2023.

The market is projected to expand at a CAGR of 7.2% from 2024 to 2032, growing to USD 28.86 billion by 2032.

The market is being driven by the rising use of biosurgery products to prevent excessive blood loss during surgeries and improve efficiency.

The market growth is anticipated to be defined by the technological advancements, such as the introduction of surgical robots and minimally invasive methods.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major products of biosurgery are bone-graft substitutes, soft-tissue attachments, haemostatic agents, surgical sealants and adhesives, adhesion barriers, and staple line reinforcements.

The significant applications of biosurgery include orthopaedic surgery, general surgery, neurological surgery, cardiovascular surgery, and gynaecological surgery, among others.

The major players in the industry are Baxter International Inc., Medtronic PLC, B. Braun Melsungen AG, Johnson and Johnson Services, Inc., and CryoLife Inc., among others.

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