America Orthopedic Biomaterial Market Synopsis:

Within the Americas Orthopedic Biomaterial Market, joint replacement biomaterials are garnering significant attention as key components of artificial joints used in total joint replacement surgeries. Joint replacement biomaterials are designed to mimic the biomechanical properties of natural joint tissues while providing long-term stability and functionality. These biomaterials are utilized in the fabrication of various components of artificial joints, including femoral heads, acetabular cups, tibial trays, and polyethylene liners. Commonly used materials for joint replacement implants include metal alloys such as cobalt-chromium and titanium, ultra-high molecular weight polyethylene (UHMWPE), and ceramic materials. By offering excellent wear resistance, biocompatibility, and mechanical strength, joint replacement biomaterials contribute to the success and longevity of total joint replacement procedures, improving mobility and quality of life for patients suffering from degenerative joint diseases such as osteoarthritis within the Americas Orthopedic Biomaterial Market.

According to Market Research Future (MRFR)’s latest America Orthopedic Biomaterial Market insights report has estimated the industry at USD 0.3 billion in 2022. According to projections, the America Orthopaedic Biomaterial Market sector will expand from USD 0.34 billion in 2023 to USD 0.9 billion by 2032, with a compound annual growth rate (CAGR) of 12.30% throughout the course of the forecast period (2023-2032).

Market Segmentation:

By material, the America Orthopedic Biomaterial Market has been segmented into metals and non-metals. The metals segment is further sub-segmented into stainless steel, Titanium Alloy, Cobalt alloy, and others. The non-metals segment has been sub-segmented into ceramic, polymeric, natural biomaterials and others.

By application, America Orthopedic Biomaterial Market has been segmented into joint replacement, fracture fixation devices, tissue fixation, spine implants, viscosupplementation, and others. The joint replacement segment has been sub-segmented into hip replacement, knee replacement, shoulder and elbow replacement and others. The tissue fixation segment has been sub-segmented into interference screws, suture anchors and others. The spine implants segment is sub-segmented into spine fusion and others. The fracture fixation devices segment has been sub-segmented into screws, plates for bones, rods, and others.

Regional Outlook:

The regional analysis of the America Orthopedic Biomaterial Market spans across the U.S., Canada, and the Rest of America. The U.S. is the most significant country-level market of the region and is poised to witness substantial growth in the forthcoming years. The growth is attributable to the developments in the market coupled with rising number of joint replacement surgeries. Furthermore, the presence of key players in the region is projected to expedite the momentum of growth of the America Orthopedic Biomaterial Market. Other factors responsible for the swift proliferation of the market include rising healthcare expenditure, technological advancements in the healthcare sector, hassle-free reimbursement policies, etc.

Canada is another major growth pocket of the region which is expected to exhibit considerable growth over the assessment period. The most important factor responsible for contributing towards the expansion of the America Orthopedic Biomaterial Market is the exponentially growing geriatric population. Meanwhile, the Rest of America resonate strong opportunities for growth and is prognosticated to exhibit moderate growth during the projection period.

Competitive Dashboard:

Some of the key players profiled in the America Orthopedic Biomaterial Market outlook report are Carpenter Technology Corporation (US), CeramTec (Germany), Ceradyne (US), Heraeus Medical Components (US), Purac Biomaterials (US), Acumed (US), Amedica Corporation (US), Osteotech, Inc. (US), Cam Bioceramics B.V. (Netherland), Materion Corporation (US), Ulbrich Stainless Steel & Special Metals, Inc. (US), Kyocera Corporation (Japan), Ticona GmbH (Germany), Johnson & Johnson (US), and Landec Corporation. (US).

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