Osseointegration Implants Market Trends, Outlook, Demand and Market Forecast 2023-2030

Osseointegration Implants Market is segmented By Material type (Titanium Implants, Zirconia Implants, Stainless Steel Implants, Ceramic Implants, and others), By Product Type (Dental Implants, Knee Implants, Hip Implants, Spinal Implants, and others), By End-user (Hospitals, Ambulatory Centers, Dental Clinics, Orthopedic Clinics, and others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Osseointegration Implants Market Overview

[150 Pages Report] Osseointegration Implants Market Expected to reach a high CAGR 7.3%  during the forecasting period (2023-2030). Osseointegration implant is a structural and functional connection between living bone and the surface of a load-bearing artificial implant. A new bone is laid directly on the implant surface and the implant exhibits mechanical stability. Osseointegration has enhanced the science around the medical bone and joint replacement techniques as well as dental implants and improving prosthetics for amputees.

Osseointegration Implants Market Summary and Scope

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Osseointegration Implants Market Dynamics and Trends

• The global market for Osseointegration implants is primarily driven by the rising number of joint replacement surgeries among the geriatric population worldwide and an increase in musculoskeletal disorders. The high adoption rate of advanced implant technologies, and favorable regulatory policies along with reimbursement support have significantly contributed to the growth of the osseointegration implants market. Moreover, the increasing incidences of injuries from road traffic accidents and the adoption of minimally invasive surgeries further propel the market. Technological innovations in the osseointegration implants and acceptance for implantable medical devices help in increasing the global osseointegration implants market share.
• However, the high cost of Osseointegration implants and surgery, as well as the stringent regulatory guidelines may hinder the market progress.   

Osseointegration Implants Market Segmentation Analysis

• By Product Type, the market is segmented into dental implants, knee implants, hip implants, spinal implants, and others. The knee implants share holds the most significant market share. It is attributed to the growing prevalence of osteoarthritis and rheumatoid arthritis among the geriatric population and rising cases of joint replacement surgeries. According to the American Joint Replacement Registry, 2016, in North America alone an estimated 85% of all osteoarthritis cases undergo knee replacement surgeries annually. The spinal implants share is expected to be the fastest growing owing to the rising incidence of degenerative spinal conditions.
• By Material Type, the osseointegration implants market can be segmented into titanium implants, zirconia implants, stainless steel implants, ceramic implants, and others. The titanium implant share holds the most significant market share is owing to the high stability and biocompatibility it demonstrates. The zirconia implants are fast-growing due to their favorable properties such as thermal compatibility, non-conductivity, aesthetic appearance, resistance to erosion, and versatility of the material, which is highly useful in the dental field.

Osseointegration Implants Market Geographical Share

• North America is the dominant share in the global Osseointegration Implants market, and it is primarily attributed to factors such as the rise in the geriatric population, increased adoption of cosmetic dentistry, and higher awareness about minimally invasive surgeries. Moreover, its broad base of the patient population and the established healthcare infrastructure and the rising disposable income, and higher investment in R&D activities contribute to the growth of North America's share. According to the American Academy of Orthopaedic Surgeons (AAOS), an estimated 4.7 million Americans have undergone total knee arthroplasty (TKA), and 2.5 million have undergone total hip arthroplasty (THA) and are living with implants. Moreover, approximately 20.7 million adults in the United States have arthritis, osteoarthritis also called degenerative joint disease. Most persons over the age of 65 are affected with osteoarthritis in at least one joint, making this condition a leading cause of disability in the US.
• Asia-Pacific region is expected to be the fastest growing market during the forecast period, owing to the region's rapidly improving healthcare infrastructure and the presence of a broad base of the target population. According to the International Osteoporosis Foundation (IOF), osteoporosis affects almost 70 million Chinese over the age of 50 and causes some 687,000 hip fractures in China each year.

Osseointegration Implants Companies and Competitive Analysis

• Key players are adopting strategies such as mergers and acquisitions, partnerships, and regional expansion to stand out as strong competitors in the market. New product launches along with an increased focus on R&D are other ways the leading players improve their market presence.
• March 2019, Engineering Company, Renishaw collaborated with advanced technology companies Irish Manufacturing Research (IMR) and topology demonstrated the advantages of additive manufacturing (AM) in the production of spinal implants.
• In Februarys 2019, a person received the world's first Osseo-neuromuscular hand prosthesis which is incredibly accurate and transmits sensations back to its user. The device integrates with the patient's remaining natural arm. It is the culmination of the DeTOP (Dexterous Transradial Osseointegrated Prosthesis with neural control and sensory feedback) project, which involved the Chalmers University of Technology in Sweden, Scuola Superiore SantAnna in Italy, and Integrum AB, a Swedish firm.
• September 2018, Johnson & Johnson Medical Devices Companies, through its subsidiary, acquired Emerging Implant Technologies GmbH (EIT), Germany, a privately held company that produces titanium interbody implants for spinal fusion surgery by metal Additive Manufacturing.
• May 2018, Xilloc, a company that specializes in patient-specific, 3D printed medical implants, acquired Dutch medical device company Orthopedic Technologie Nijmegen (OTN).
• January 2017, Integrum is introduced the OPRA Implant System Platform G, it is CE labeled and approved by the FDA. The OPRA Implant System Platform G improves the mechanical performance of the system, simplifies the surgical procedure, and enhances osseointegration.

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