Biosurgery Market, Size, Share, Growth, Trends, Insight and Industry Forecast, 2021-2028

SKU: DMPH3582 | Last Updated On: Jul 15 2021 | No. of Pages: 180 | Available Formats

> Global Biosurgery Market Expected to reach a high CAGR By 2028: DataM Intelligence

Market Overview

The global biosurgery market size was valued US$ XX billion in 2020 and is estimated to reach US$ XX billion by 2028, growing at a CAGR of XX % during the forecast period (2021-2028).

Biosurgery products are used in various surgeries to minimize intra and post-operative complications. Various synthetic and biologic products like anti-adhesive agents, hemostatic agents, surgical sealing agents, bone graft substitutes are utilized in surgeries to prevent excessive blood loss or provide adhesion or wound/tissue healing and repair of damaged or weakened tissues or bones of a body.

Source: DataM Intelligence Analysis (2020)

Market Dynamics

The growing need for effective blood loss management in patients is expected to drive the market's growth.

One major reason for blood loss in surgery and trauma patients is the ineffective use of traditional wound closure products, such as sutures and staples. Globally, the growing number of accidents has increased the number of surgeries that involve long operating hours. In turn, it has increased the need for effective blood loss management products during surgical procedures. According to a 2019 article published in the National Library of Medicine, uncontrolled hemorrhage is the leading cause of preventable death due to injury. Similarly, according to the National Trauma Institute, after a traumatic injury, hemorrhage is responsible for over 35% of pre-hospital deaths and over 40% of deaths within the first 24 hours of the injury. The number of surgeries that involve long operating times is increasing. In such a scenario, there is a growing demand for effective blood loss management products.

Moreover, different biosurgery products, including hemostatic agents and surgical sealants, are finding substantial adoption as a substitute for conventional sutures and staples during surgeries to control bleeding and cover the wound when conventional products are used impractical. Thus, from the above statements, due to the growing adoption of biosurgery products over conventional products, their use in effectively controlling blood loss drives the growth in the biosurgery market.

The growing number of sports injuries is expected to drive the growth of the market.

According to the John Hopkins Medicine, in 2020, some sports are more dangerous than others. For example, contact sports such as football can be expected to result in a higher number of injuries than a noncontact sport such as swimming. All types of sports have a potential for injury, whether from the trauma of contact with other players or overuse or misuse of a body part. In the U.S., about 30 million children and teens participate in organized sports, and more than 3.5 million injuries each year, which cause some loss of time of participation, are experienced by the participants. Almost one-third of all injuries incurred in childhood are sports-related injuries. By far, the most common injuries are sprains and strains.

Moreover, death from a sports injury is rare; the leading cause of death from a sports-related injury is a brain injury. Sports and recreational activities contribute to approximately 21 percent of all traumatic brain injuries among American children. Almost 50 percent of head injuries sustained in sports or recreational activities occur during bicycling, skateboarding, or skating incidents. More than 775,000 children, ages 14 and younger, are treated in hospital emergency rooms for sports-related injuries each year. Most of the injuries occurred due to falls, being struck by an object, collisions, and overexertion during unorganized or informal sports activities.

The high price of biosurgery products and the rising cost of surgical procedures are expected to hamper the market's growth.

The biosurgery market is extremely competitive in pricing, due to the high competitive intensity among existing players. Most of the products available in this market are priced at a premium. The high cost, coupled with the unfavorable reimbursement scenario for these products in emerging countries, makes them unaffordable for a large section of the target patient population. Due to the high cost of biosurgery products, conventional procedures such as sutures and ligature-based procedures are preferred during surgeries across emerging countries. Also, the biosurgery products currently available in the market are made of complicated reconstitutes with a poor shelf life. Hence, there is a growing need for low-priced products that are easy to handle and have a better shelf life.

Biosurgery Market Industry Analysis

PEST Analysis:

 

Supply Chain:

COVID-19 Impact Analysis

The COVID-19 pandemic has affected the healthcare systems and has a notable impact on the market. The hospitals became high-risk zones, specifically for patients suffering from chronic conditions. Therefore, non-critical procedures such as elective surgeries were either canceled or postponed during the first and second parts of 2020, which resulted in a significant decline in the total number of elective surgical procedures performed. As a result, the demand for biosurgery products witnessed a sharp decline in 2020. The second wave of COVID-19 further deprioritized elective surgical procedures. Governments across the globe have also issued limitations and bans on medical procedures and elective surgeries. Moreover, the pandemic has resulted in the decline of surgical procedures and is expected to increase in the third quarter of 2021 in countries such as the US. Some countries in the EU have resumed surgical interventions, which has increased the demand for biosurgery products in the region.

Segment Analysis

Bone graft substitute segment is expected to hold the largest market share in this market segment.

The bone graft substitute segment accounted for the largest share in 2020. The segment's growth is attributed to the increasing use of bone graft substitute products in orthopedic and dental surgeries and the significant benefits offered by bone graft substitute products over conventional autograft products. For instance, according to the article(MDPI), in 2021. After tooth loss, bone resorption is irreversible, leaving the area without the adequate bone volume for successful implant treatment. Bone grafting is the only solution to reverse dental bone loss and is a well-accepted procedure required in one in every four dental implants. The various classifications of bone grafts and substitutes, including natural and synthetic materials, are critically present and available as commercial products in each category. Different bone substitute materials, including metals, ceramics, polymers, or their combinations, and their chemical, physical, and biocompatibility properties are utilized.

Moreover, the bone graft substitutes reduce the need to harvest healthy bones from patients to facilitate bone fusion in diseased or surgical bones. In comparison to autografts, the materials used for bone-graft substitutes can be sourced in sufficient quantity in the form of pellets, paste, strips, gels, putty, or blocks. Thus, the bone graft substitute segment is expected to hold the largest market share from the above statements.

Cardiovascular surgery segment is expected to hold the largest market share in this market segment.

The cardiovascular surgery segment dominated the market in 2020. The growth is attributed to the increasing number of cardiac problems and growing healthcare investment. According to the Centers for Disease Control and Prevention (CDC) 2020 data, heart disease is the leading cause of death for men, women, and people of most racial and ethnic groups in the United States. Moreover, One person dies every 36 seconds in the United States from cardiovascular disease, and about 655,000 Americans die from heart disease each year—that’s 1 in every 4 deaths. Therefore, an increase in cardiovascular diseases leads to an increase in cardiac surgeries in the forthcoming years. Thus, the cardiovascular surgery segment is expected to hold the largest market share from the above statements.

Source: DataM Intelligence Analysis (2020)

Geographical Analysis

North America region holds the largest market share in the global biosurgery market.

North America dominated the market with a revenue share in 2020. The growth is attributed to the rising obese patients, cardiovascular diseases,  and increasing number of surgeries. For instance, according to the research done by the Harvard T.H. Chan School of Public Health, it is estimated that around 40% of Americans are considered obese, and 18% are considered severely obese as of 2019. Severe obesity is defined as a BMI over 35 in the study. Their projections say that about half of the US population (48.9%) will be considered obese, and nearly 1 in 4 (24.2%) will be considered severely obese by the year 2030. Moreover, the increasing count of geriatrics and the growing healthcare industry, and the rising adoption of advanced surgical tools and devices, substantial investments by governments to strengthen public healthcare delivery are key factors augmenting the market's growth. Thus, from the above statements, the North American region holds the largest market share.

Source: DataM Intelligence Analysis (2020)

Competitive Landscape

The biosurgery market is vast with presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Johnson & Johnson, Integra Lifesciences Corporation, Baxter International Inc., Becton, Dickinson and Company, B. Braun Melsungen AG, CryoLife, Inc., Pfizer, Strykers, C.R. Bard and Sanofi. The major players are adopting several growth strategies such as Type launches, acquisitions, and collaborations, which are contributing to the growth of the Biosurgery market globally.

Biosurgery Market Key Companies to Watch

Baxter International Inc:

Overview:

Baxter International Inc. is an American multinational health care company with headquarters in Deerfield, Illinois. The company principally focuses on products to treat hemophilia, kidney disease, immune disorders and other chronic and acute medical conditions. Bioscience business produces recombinant and blood plasma proteins to treat hemophilia and other bleeding disorders; plasma-based therapies to treat immune deficiencies and other chronic and acute blood-related conditions; products for regenerative medicine and vaccines. Moreover, the medical products business produces intravenous products and other products used in delivering fluids and drugs to patients; inhalational anesthetics.

­Product Portfolio:

Baxter International Inc. is into the continuous offering of surgical products. For instance, TISSEEL [Fibrin Sealant] for Surgical Care.

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  • Visualize the composition of the biosurgery market segmentation by product , application and region highlighting the key commercial assets and players.
  • Identify commercial opportunities in biosurgery market by analyzing trends and co-development deals.
  • Excel data sheet with thousands of data points of biosurgery market- level 4/5 segmentation.
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The global biosurgery market report would provide an access to an approx. 47market data table, 45 figures and 200pages.

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

Market Segmentation

Global Biosurgery Market – By Product

  • Surgical Sealants
  • Hemostatic Agents
  • Adhesion Barriers
  • Soft Tissue Attachments
  • Bone Graft Attachments
  • Others

Global Biosurgery Market – By Application

  •  General Surgery
  • Orthopedic Surgery
  • Cardiovascular surgery
  • Neurological Surgery
  • Others

Global Biosurgery Market - By Region

  • North America
  • South America
  • Europe
  • Asia
  • Middle East & Africa

Table of Contents

  1. Global Biosurgery Market Methodology and Scope

    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Global Biosurgery Market – Market Definition and Overview

  3. Global Biosurgery Market – Executive Summary

    1. Market Snippet by Product
    2. Market Snippet by Application
    3. Market Snippet by Region
  4. Global Biosurgery Market – Market Dynamics

    1. Market Impacting Factors
      1. Drivers
        1. The growing need for effective blood loss management in patients is expected to drive the market's growth.
        2. The growing number of sports injuries is expected to drive the growth of the market.
      2. Restraints:
        1. The high price of biosurgery products and the rising cost of surgical procedures are expected to hamper the market's growth.
      3. Opportunity
      4. Impact Analysis
  5. Global Biosurgery Market – Industry Analysis

    1. Porter's Five Forces Analysis
    2. Epidemiology Analysis
    3. Supply Chain Analysis
    4. Pricing Analysis
    5. Regulatory Analysis
    6. Reimbursement Analysis
    7. Unmet Needs
  6. Global Biosurgery Market – COVID-19 Analysis

    1. Analysis of Covid-19 on the Market
      1. Before COVID-19 Market Scenario
      2. Present COVID-19 Market Scenario
      3. After COVID-19 or Future Scenario
    2. Pricing Dynamics Amid Covid-19
    3. Demand-Supply Spectrum
    4. Government Initiatives Related to the Market During Pandemic
    5. Manufacturers Strategic Initiatives
    6. Conclusion 
  7. Global Biosurgery Market – By Product

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      2. Market Attractiveness Index, By Product Segment
    2. Surgical Sealants*
      1. Introduction
      2. Market Size Analysis, US$ Million, 2018-2028 and Y-o-Y Growth Analysis (%), 2020-2028
    3. Hemostatic Agents
    4. Adhesion Barriers
    5. Soft Tissue Attachments
    6. Bone Graft Attachments
    7. Others
  8. Global Biosurgery Market – By Application

    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      2. Market Attractiveness Index, By Application Segment
    2. General Surgery*
      1. Introduction
      2. Market Size Analysis, US$ Million, 2018-2028 and Y-o-Y Growth Analysis (%), 2020-2028
    3. Orthopedic Surgery
    4. Cardiovascular surgery
    5. Neurological Surgery
    6. Others
  9. Global Biosurgery Market – By Region

    1. Introduction
      1. Market Size Analysis, US$ Million, 2018-2028 and Y-o-Y Growth Analysis (%), 2020-2028, By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product 
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Product
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application
  10. Global Biosurgery Market – Competitive Landscape

    1. Key Developments and Strategies
    2. Company Share Analysis
    3. Type Benchmarking
    4. List of Key Companies to Watch
    5. List of Company with disruptive technology
    6. List of Start Up Companies
  11. Global Biosurgery Market- Company Profiles

    1. Baxter International Inc.*
      1. Company Overview
      2. Type Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Johnson & Johnson
    3. Integra Lifesciences Corporation
    4. Becton, Dickinson and Company.
    5. B. Braun Melsungen AG
    6. CryoLife, Inc.
    7. Pfizer
    8. Strykers
    9. C.R. Bard
    10. Sanofi(*LIST NOT EXHAUSTIVE)
  12. Global Biosurgery Market – DataM

    1. Appendix
    2. About Us
    3. Contact Us

List of Tables & Figures

List of Tables

Table1     Global Biosurgery Market Value, By Product, 2020, 2024 & 2028 ($ Million)

Table2     Global Biosurgery Market Value, By Application, 2020, 2024 & 2028 ($ Million)

Table3     Global Biosurgery Market Value, By Region, 2020, 2024 & 2028 ($ Million)

Table4   Global Biosurgery Market Value, By Product, 2020, 2024 & 2028 ($ Million)

Table5     Global Biosurgery Market Value, By Product, 2018-2028 ($ Million)

Table6   Global Biosurgery Market Value, By Application, 2020, 2024 & 2028 ($ Million)

Table7     Global Biosurgery Market Value, By Application, 2018-2028 ($ Million)

Table8   Global Biosurgery Market Value, By Region, 2020, 2024 & 2028 ($ Million)

Table9   Global Biosurgery Market Value, By Region, 2018-2028 ($ Million)

Table10 North America Biosurgery Market Value, By Product, 2018-2028 ($ Million)

Table11  North America Biosurgery Market Value, By Application, 2018-2028 ($ Million)

Table12   North America Biosurgery Market Value, By Country, 2018-2028 ($ Million)

Table13   South America Biosurgery Market Value, By Product, 2018-2028 ($ Million)

Table14   South America Biosurgery Market Value, By Application, 2018-2028 ($ Million)

Table15   South America Biosurgery Market Value, By Country, 2018-2028 ($ Million)

Table16   Europe Biosurgery Market Value, By Product, 2018-2028 ($ Million)

Table17   Europe Biosurgery Market Value, By Application, 2018-2028 ($ Million)

Table18   Europe Biosurgery Market Value, By Country, 2018-2028 ($ Million)

Table19   Asia-Pacific Biosurgery Market Value, By Product, 2018-2028 ($ Million)

Table20  Asia-Pacific Biosurgery Market Value, By Application, 2018-2028 ($ Million)

Table21   Asia-Pacific Biosurgery Market Value, By Country, 2018-2028 ($ Million)

Table22 Middle East & Africa Biosurgery Market Value, By Product, 2018-2028 ($ Million)

Table23 Middle East & Africa Biosurgery Market Value, By Application, 2018-2028 ($ Million)

Table24 Baxter International Inc.: Overview

Table25 Baxter International Inc.: Product Portfolio

Table26 Baxter International Inc.: Key Developments

Table27 Becton, Dickinson and Company.: Overview

Table28  Becton, Dickinson and Company.: Product Portfolio

Table29 Becton, Dickinson and Company.: Key Developments

Table30  B. Braun Melsungen AG: Overview

Table31   B. Braun Melsungen AG: Product Portfolio

Table32 B. Braun Melsungen AG: Key Developments

Table33 CryoLife, Inc.: Overview

Table34 CryoLife, Inc.: Product Portfolio

Table35 CryoLife, Inc.: Key Developments

Table36 Pfizer: Overview

Table37 Pfizer: Product Portfolio

Table38 Pfizer: Key Developments

Table39 Strykers: Overview

Table40  Strykers: Product Portfolio

Table41   Strykers: Key Developments

Table42 C.R. Bard: Overview

Table43 C.R. Bard: Product Portfolio

Table44 C.R. Bard: Key Developments

Table45 Sanofi: Overview

Table46 Sanofi: Product Portfolio

Table47 Sanofi: Key Developments

List of Figures

Figure1  Global Biosurgery Market Share, By Product, 2019 & 2027 (%)

Figure2   Global Biosurgery Market Share, By Application, 2019 & 2027 (%)

Figure3   Global Biosurgery Market Share, By Region, 2019 & 2027 (%)

Figure4   Global Biosurgery Market Value, 2018-2028 ($ Million)

Figure5   Global Biosurgery Market Y-o-Y Growth, By Product, 2019-2027 (%)

Figure6   Surgical Sealants: Global Biosurgery Market Value, 2018-2028 ($ Million)

Figure7   Hemostatic Agents: Global Biosurgery Market Value, 2018-2028 ($ Million)

Figure8   Adhesion Barriers: Global Biosurgery Market Value, 2018-2028 ($ Million)

Figure9   Soft Tissue Attachments: Global Biosurgery Market Value, 2018-2028 ($ Million)

Figure10 Bone Graft Attachments: Global Biosurgery Market Value, 2018-2028 ($ Million)

Figure11  Others: Global Biosurgery Market Value, 2018-2028 ($ Million)

Figure12 Global Biosurgery Market Y-o-Y Growth, By Application, 2019-2027 (%)

Figure13 General Surgery: Global Biosurgery Market Value, 2018-2028 ($ Million)

Figure14 Orthopedic Surgery: Global Biosurgery Market Value, 2018-2028 ($ Million)

Figure15 Cardiovascular surgery: Global Biosurgery Market Value, 2018-2028 ($ Million)

Figure16 Neurological Surgery: Global Biosurgery Market Value, 2018-2028 ($ Million)

Figure17  Others: Global Biosurgery Market Value, 2018-2028 ($ Million)

Figure18 Global Biosurgery Market Y-o-Y Growth, By Region, 2019-2027 (%)

Figure19 North America Biosurgery Market Value, 2018-2028 ($ Million)

Figure20 North America Biosurgery Market Share, By Product, 2019 & 2027 (%)

Figure21 North America Biosurgery Market Share, By Application, 2019 & 2027 (%)

Figure22 North America Biosurgery Market Share, By Country, 2019 & 2027 (%)

Figure23 South America Biosurgery Market Value, 2018-2028 ($ Million)

Figure24 South America Biosurgery Market Share, By Product, 2019 & 2027 (%)

Figure25 South America Biosurgery Market Share, By Application, 2019 & 2027 (%)

Figure26 South America Biosurgery Market Share, By Country, 2019 & 2027 (%)

Figure27 Europe Biosurgery Market Value, 2018-2028 ($ Million)

Figure28 Europe Biosurgery Market Share, By Product, 2019 & 2027 (%)

Figure29 Europe Biosurgery Market Share, By Application, 2019 & 2027 (%)

Figure30 Europe Biosurgery Market Share, By Country, 2019 & 2027 (%)

Figure31 Asia-Pacific Biosurgery Market Value, 2018-2028 ($ Million)

Figure32 Asia-Pacific Biosurgery Market Share, By Product, 2019 & 2027 (%)

Figure33 Asia-Pacific Biosurgery Market Share, By Application, 2019 & 2027 (%)

Figure34 Asia-Pacific Biosurgery Market Share, By Country, 2019 & 2027 (%)

Figure35 Middle East & Africa Biosurgery Market Value, 2018-2028 ($ Million)

Figure36 Middle East & Africa Biosurgery Market Share, By Product, 2019 & 2027 (%)

Figure37 Middle East & Africa Biosurgery Market Share, By Application, 2019 & 2027 (%)

Figure38 Baxter International Inc.: Financials

Figure39 Becton, Dickinson and Company.: Financials

Figure40 B. Braun Melsungen AG: Financials

Figure41 CryoLife, Inc.: Financials

Figure42 Pfizer: Financials

Figure43 Strykers: Financials

Figure44 C.R. Bard: Financials

Figure45 Sanofi: Financials

 

 

 

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AfrikaansAlbanianAmharicArabicArmenianAzerbaijaniBasqueBelarusianBengaliBosnianBulgarianCatalanCebuanoChichewaChinese (Simplified)Chinese (Traditional)CorsicanCroatianCzechDanishDutchEnglishEsperantoEstonianFilipinoFinnishFrenchFrisianGalicianGeorgianGermanGreekGujaratiHaitian CreoleHausaHawaiianHebrewHindiHmongHungarianIcelandicIgboIndonesianIrishItalianJapaneseJavaneseKannadaKazakhKhmerKoreanKurdishKyrgyzLaoLatinLatvianLithuanianLuxembourgishMacedonianMalagasyMalayMalayalamMalteseMaoriMarathiMongolianMyanmar (Burmese)NepaliNorwegianPashtoPersianPolishPortuguesePunjabiRomanianRussianSamoanScots GaelicSerbianSesothoShonaSindhiSinhalaSlovakSlovenianSomaliSpanishSundaneseSwahiliSwedishTajikTamilTeluguThaiTurkishUkrainianUrduUzbekVietnameseWelshXhosaYiddishYorubaZulu  

 

 

 

 

 

 

 

 

 

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