Product Code: ETC4470805 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India bio-implants market import shipment experienced robust growth with a significant CAGR from 2020 to 2024. The growth rate between 2023 and 2024 accelerated further, indicating a strong upward momentum. Overall, the market expanded steadily, showing a positive and upward trend during the period.
The India Bio Implants market encompasses a wide range of biological implants used in various medical specialties, including orthopedics, cardiovascular, and dental. These implants are designed to replace or support damaged or dysfunctional body parts. The market has seen significant growth, driven by factors such as an aging population, a rise in chronic diseases, and technological advancements in implant materials and manufacturing techniques. Bio implants play a vital role in improving patients` quality of life and restoring function. With an increasing emphasis on personalized healthcare, the India bio implants market is expected to play a pivotal role in the country`s medical landscape.
The bio-implants market is driven by the increasing prevalence of chronic diseases, orthopedic conditions, and the need for organ transplants. Technological advancements, along with a growing geriatric population, are pushing the demand for bio-implants. Additionally, government support and the availability of affordable healthcare services play a crucial role in market expansion.
The India bio implants market confronts challenges related to research and development, quality control, and affordability. Developing and manufacturing bio implants that meet international quality standards requires significant investment in R&D. Quality control throughout the manufacturing process is essential to ensure the safety and effectiveness of these implants. Affordability remains a significant concern, especially for patients who need bio implants but lack insurance coverage or financial resources.
The bio-implants market in India faced challenges during the COVID-19 pandemic. Non-essential surgeries, including some bio-implant procedures, were temporarily deferred to allocate resources for pandemic response. This resulted in a temporary decline in demand for bio-implants. However, the market adapted by emphasizing patient-specific implant solutions and remote consultations, which provided safer alternatives. As the healthcare sector evolved to meet new requirements, the bio-implants market began to recover, showcasing its resilience.
Companies like Zimmer Biomet, Stryker, Medtronic, and Smith & Nephew are key players in India bio-implants market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Bio-Implants Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Bio-Implants Market Revenues & Volume, 2021 & 2031F |
3.3 India Bio-Implants Market - Industry Life Cycle |
3.4 India Bio-Implants Market - Porter's Five Forces |
3.5 India Bio-Implants Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Bio-Implants Market Revenues & Volume Share, By Materials, 2021 & 2031F |
3.7 India Bio-Implants Market Revenues & Volume Share, By Origin, 2021 & 2031F |
4 India Bio-Implants Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases and aging population driving the demand for bio-implants in India |
4.2.2 Technological advancements in the field of medical devices leading to innovative bio-implants solutions |
4.2.3 Growing awareness about the benefits of bio-implants over traditional treatment options |
4.3 Market Restraints |
4.3.1 High cost associated with bio-implants limiting adoption rates among the middle and lower-income population |
4.3.2 Stringent regulatory requirements for approval and commercialization of bio-implants in India |
5 India Bio-Implants Market Trends |
6 India Bio-Implants Market, By Types |
6.1 India Bio-Implants Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Bio-Implants Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Bio-Implants Market Revenues & Volume, By Cardiovascular, 2021-2031F |
6.1.4 India Bio-Implants Market Revenues & Volume, By Spine, 2021-2031F |
6.1.5 India Bio-Implants Market Revenues & Volume, By Orthopedics, 2021-2031F |
6.1.6 India Bio-Implants Market Revenues & Volume, By Trauma, 2021-2031F |
6.1.7 India Bio-Implants Market Revenues & Volume, By Dental, 2021-2031F |
6.2 India Bio-Implants Market, By Materials |
6.2.1 Overview and Analysis |
6.2.2 India Bio-Implants Market Revenues & Volume, By Ceramics (zirconium), 2021-2031F |
6.2.3 India Bio-Implants Market Revenues & Volume, By Biomaterial metal (titanium, gold, silver, platinum), 2021-2031F |
6.2.4 India Bio-Implants Market Revenues & Volume, By Alloys, 2021-2031F |
6.2.5 India Bio-Implants Market Revenues & Volume, By Polymers (natural polymers & synthetic polymers), 2021-2031F |
6.3 India Bio-Implants Market, By Origin |
6.3.1 Overview and Analysis |
6.3.2 India Bio-Implants Market Revenues & Volume, By Allograft, 2021-2031F |
6.3.3 India Bio-Implants Market Revenues & Volume, By Autograft, 2021-2031F |
6.3.4 India Bio-Implants Market Revenues & Volume, By Xenograft, 2021-2031F |
6.3.5 India Bio-Implants Market Revenues & Volume, By Synthetic, 2021-2031F |
7 India Bio-Implants Market Import-Export Trade Statistics |
7.1 India Bio-Implants Market Export to Major Countries |
7.2 India Bio-Implants Market Imports from Major Countries |
8 India Bio-Implants Market Key Performance Indicators |
8.1 Average waiting time for bio-implant surgeries in hospitals |
8.2 Number of research and development collaborations between academic institutions and industry players in the bio-implants sector |
8.3 Percentage of healthcare professionals trained in the usage and benefits of bio-implants in India |
9 India Bio-Implants Market - Opportunity Assessment |
9.1 India Bio-Implants Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Bio-Implants Market Opportunity Assessment, By Materials, 2021 & 2031F |
9.3 India Bio-Implants Market Opportunity Assessment, By Origin, 2021 & 2031F |
10 India Bio-Implants Market - Competitive Landscape |
10.1 India Bio-Implants Market Revenue Share, By Companies, 2024 |
10.2 India Bio-Implants Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |