The global orthopedic implant coating market is anticipated to grow at a significant CAGR during the forecast period (2022-2028).The orthopedic implants coating market is expected to grow at rapidpace owing to the rising risk of osteoporosis and osteoarthritis among the geriatric population. These are the devices that provide bone fixation or replace articulating surface joints. Such implants are made of steel, cobalt, chromium, titanium, and alloys combined with plastic that act as cartilage.
Orthopedic implants containing antibacterial coating inhibit the growth of microorganisms in implants to prevent infection within the body. Increased awareness of viral infections, increased demand for cover crops to prevent infection, and increased proliferation of pathogens drive market growth. However, health concerns using titanium as an integral part of plants and the high cost of coverage hinder the market growth. According to an investor presentation published by aapImplantate AG, in 2020, on osteoporosis trauma, it is estimated that up to 30.0% of cases may cause a fracture. Similarly, fracture-related infection is a major complication after a bone injury and it creates a major diagnostic challenge.
The orthopedic implants coatings have the potential to further improve the longevity of sensory implant systems including hip, knee, and shoulder replacements. Innovation in this area is driven by the need for ultra-high hardness counter-bearing surfaces it articulate against soft polyethylene ultrahigh molecular weight.
The increasing prevalence of orthopedic diseases such as arthritis, osteoarthritis, and others serves as a major factor contributing to the growth of the orthopedic implant coating market. The increase in urban populations and the increasing level of income are the driving factors that accelerate the growth of the orthopedic plant market. Additionally, an increase in the adoption of implanted medical equipment and the rising cost of health care infrastructure are the main factors in the market that are increasing the growth of the orthopedic implant coating market. Another important factor that reduces the market growth rate of orthopedic implants is the widespread use of orthopedic implants to treat musculoskeletal diseases, osteoporosis, and injuries.
Looking towards the market demand in December 2021, DePuy Synthes, asubsidiary of Johnson & Johnsonannounced the acquisition of OrthoSpin through its Synthes GmbH affiliate. OrthoSpin is an Israeli company that develops an external fixation system assisted by robotics for orthopedic treatment.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape– DOT GmbH, Harland, Isoflux, Medicoat, and Orchid among others.
A full report is available at: https://orionmarketreports.com/global-orthopedic-implant-coating-market/94326/
- Global Orthopedic Implant Coatings Market Report by Segment
By Type
- Sintered Bead Coatings
- Plasma Sprayed Metallic Coatings
- Hydroxyapatite Coatings
By Application
- Artificial Joints
- Trauma Surgery
- Other
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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