The Orthopedic Biomaterial Market Is Projected To Grow At A CAGR Of 10.3% During The Forecast Period
The global Orthopedic Biomaterial Market was worth USD 11.96 billion, and it is expected to grow at a CAGR of 10.3% over the projected period. The rising prevalence of musculoskeletal disorders and chronic skeletal problems increases product demand, promoting market growth. The growing senior population, which is more vulnerable to chronic diseases, will likely drive up demand even further. This is due to the growing senior population, increased musculoskeletal injury rates, and increased number of patients seeking knee replacement, construction, and other joint-related orthopaedic surgeries. As the world's senior population grows, more people are likely to have joint disorders, boosting the market's growth. Furthermore, an increase in the number of sports injuries, an increase in the number of trauma cases from an accident, and an increase in orthopaedic procedures such as joint reconstruction and joint arthroplasty are all driving the Orthopedic Biomaterial Market revenue gr