Throughout this medical market research, the publisher analyzed 23 orthobiologics companies in India and utilized their comprehensive methodology to understand the Market Sizes, Unit Sales, ASPs, Company Market Shares, and to create accurate forecasts.
While this MedSuite report contains all of the India Orthopedic Biomaterials market analysis, each of the market segments is also available as stand-alone MedCore reports. Additionally, this research includes an orthobiologics procedure volume analysis which can also be purchased as a separate report, MedPro.
Markets Covered
India Orthopedic Biomaterials Market Insights
The first bone bank opened in India only in 1997, as compared to 1949 in China. In 2019, the majority of the allograft and DBM allograft supply in India was controlled by two local bone banks, TMH Tissue Bank and Ramaiah Tissue Bank. Other institutions have attempted to open bone banks in the past but have largely been unsuccessful. While the overall trend is positive, the adoption rate is still low, thus limiting the supply side of the market.
Although three-injection products were available in India before single-injection products, the benefits of the latter are typically perceived to outweigh the favorable cost of the former. As a result, single-injection products are expected to continue to cannibalize three-injection products over the forecast period.
Overall, the India orthopedic biomaterials market was valued at $76.2 million in 2019. This is expected to increase over the forecast period at a CAGR of 12.4% to reach $172.3 million.
While this MedSuite report contains all of the India Orthopedic Biomaterials market analysis, each of the market segments is also available as stand-alone MedCore reports. Additionally, this research includes an orthobiologics procedure volume analysis which can also be purchased as a separate report, MedPro.
Markets Covered
- Procedure Volumes for the India Orthopedic Biomaterials Devices – MedPro
- Orthopedic Bone Graft Substitute Market - MedCore
- Orthopedic Growth Factor Market - MedCore
- Hyaluronic Acid Viscosupplementation Market - MedCore
India Orthopedic Biomaterials Market Insights
The first bone bank opened in India only in 1997, as compared to 1949 in China. In 2019, the majority of the allograft and DBM allograft supply in India was controlled by two local bone banks, TMH Tissue Bank and Ramaiah Tissue Bank. Other institutions have attempted to open bone banks in the past but have largely been unsuccessful. While the overall trend is positive, the adoption rate is still low, thus limiting the supply side of the market.
Although three-injection products were available in India before single-injection products, the benefits of the latter are typically perceived to outweigh the favorable cost of the former. As a result, single-injection products are expected to continue to cannibalize three-injection products over the forecast period.
Overall, the India orthopedic biomaterials market was valued at $76.2 million in 2019. This is expected to increase over the forecast period at a CAGR of 12.4% to reach $172.3 million.
Table of Contents
LIST OF FIGURESLIST OF CHARTSEXECUTIVE SUMMARYINDIAN ORTHOPEDIC BIOMATERIALS MARKET OVERVIEWCOMPETITIVE ANALYSISMARKET TRENDSMARKET DEVELOPMENTSPROCEDURE NUMBERSMARKETS INCLUDEDKEY REPORT UPDATESVERSION HISTORYABBREVIATIONS
RESEARCH METHODOLOGY
PRODUCT ASSESSMENT
INDIAN ORTHOPEDIC BIOMATERIALS MARKET OVERVIEW
PROCEDURE NUMBERS
ORTHOPEDIC BONE GRAFT SUBSTITUTE MARKET
ORTHOPEDIC GROWTH FACTOR MARKET
HYALURONIC ACID VISCOSUPPLEMENTATION MARKET
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alkem Laboratories
- LG Chem
- Anika Therapeutics
- Medtronic
- Basic Healthcare
- MEI
- Bharat Biotech
- NovaBone
- Biocomposites
- Sanofi
- Bioventus
- Sun Pharmaceutical
- BONESUPPORT
- Surgiwear
- DePuy Synthes
- Universe Surgical
- Dr. Reddy’s Laboratories
- Virchow Biotech
- Ferring Pharmaceuticals
- Wright Medical
- Fidia Farmaceutici
- Zimmer Biomet
- IFGL Bio Ceramics