Global Biosurgery Market - Forecasts from 2022 to 2027

The global biosurgery market comprises certain products used to minimize or reduce intra- and post-surgery complications. Biosurgery products offer more efficiency and less complexity in surgery and other medical procedures. Depending on the types of products, the biosurgery market is segmented into certain types like hemostatic, anti-adhesive agents, surgical sealing agents, and bone graft substitutes. The rising number of surgery cases and increasing geriatric population is giving potential to the market growth of global biosurgery products. The population aged 65 and above or the geriatric population is widely using the help and assistance of biosurgery products. The wide application of biosurgery products in medical and surgical procedures in the geriatric population raises the demand for biosurgery products in the global market. The rising cases of surgery and operation procedures due to chronic diseases and sports surgeries are also driving the market growth of the global biosurgery market. The higher investments of major companies in the research and development section of biosurgery products also result in major developments and advancements in biosurgery products. The government's support in new advanced research and developments in biosurgery products is also boosting the global biosurgery products market. The growth and adaptation of technology in the medical field increase the global biosurgery market.



The recent outbreak of the COVID-19 pandemic has restricted the market growth of the global biosurgery market to a certain extent. The pandemic fear had made the patients have less interaction with hospitals and health centers. The fear of people visiting hospitals and clinics for certain medical procedures other than COVID resulted in the slow market growth of the global biosurgery market. The home-based health diagnosis and check-ups resulted in the restricted market growth of the global biosurgery market. The full focus of government agencies and major companies in developing and preventing COVID spread also restricted the fast growth of the research and development section of biosurgery products in the global market.

Rising Research and Development Programmes

The higher investments of major players or companies in the research and development sector of biosurgery products are boosting the market growth of the global biosurgery market. The penetration of technology or electronics in the field of biosurgery has boosted the market growth of the global biosurgery market to a certain extent. The development of advanced infused bone graft implantation developed by Medtronic PLC can be considered as one of the rising developments in the field of bone graft implantation or biosurgery products. The approval of the FDA (U.S Food and Drug Administration) for the newly developed bone graft implantation also shows the immense support of governmental agencies in the development of biosurgery products. The synthetic hydrogel technology developed by Kuros Biosurgery can also be counted as one of the major developments in the global biosurgery market. The rapid growth in the research and development sector of biosurgery products is fuelling the market growth of the global biosurgery market. The increased penetration of electronics and new technology in the medical field also resulted in new advancements and developments in the global biosurgery market. The higher competition of major players in the research and development sector of biosurgery products contributes to the rapid growth of biosurgery products in the global market.

Rising number of surgeries & cases of chronic diseases

The rising number of surgeries and an increasing number of people with chronic diseases is one of the major factors driving the market growth of the global biosurgery market. The convenience and effectiveness offered by biosurgery products result in the market growth of biosurgery products. The increasing cases of chronic diseases are contributing to the market growth of the global biosurgery market. The rising cases of cardiovascular diseases and implementation of biosurgery products in surgeries and treatment of cardiovascular diseases is giving potential to the market growth of the global biosurgery market. The surgeries and implantations in cardiovascular diseases are the major sections that widely employ the application of biosurgery products in the medical field. The rising percentage of the geriatric population is also one of the major driving factors in the growth of the global biosurgery market. The report of the United Nations states that approximately 962 million people are aged 60 or above in the world. The population growth rate of people above 60 also reports a growth rate of 3% annually. The rise in the geriatric population and increasing cases of lifestyle and chronic diseases are fuelling the growth of the global biosurgery market.

North America expected to lead the market

Geographically, the North American region is expected to lead the global biosurgery market in the forecasted years. The rising cases of chronic and lifestyle diseases and obesity problems are driving the market growth of the biosurgery market in the North American region. The presence of major players and the investment and research & development of biosurgery products is also hiking the market of biosurgery products in the North American region.

Segmentation

By Product Type

• Anti-adhesive agents
• Hemostatic agents
• Surgical sealing agents
• Bone graft substitutes
• Soft Tissue Attachments

By Application

• Cardiovascular and Thoracic Surgery
• Neuro-Spine surgery
• Orthopedic Surgery
• General Surgery
• Others

By Source

• Natural/Biological Products
• Synthetic Products

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• Germany
• France
• UK
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• China
• India
• Japan
• South Korea
• Taiwan
• Thailand
• Indonesia
• Others