[314 Pages Report] The overall biosurgery market is expected to grow from USD 10.67 billion in 2017 and is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 15.58 billion by 2023. The rising geriatric population, increase in the volume of surgeries and sports-related and trauma injuries, increasing clearance of biosurgery products by regulatory authorities, and growing need for effective blood loss management in patients which, in turn, help in the growth of the market.
The biosurgery market is expanding with the emergence of new products and applications. These biosurgery product being used in many applications such gynecological surgery, general surgery, orthopedic surgery, cardiovascular surgery, neurological surgery, urological surgery, reconstructive surgery and thoracic surgery.
Orthopedic Surgery
Orthopedic surgeries is one of those applications where the procedures are associated with significant blood loss owing to the dissection of bony and fibrotic tissues. Bleeding management and the effective regeneration of tissues and bones are the common challenges faced by orthopedic surgeons. Biosurgery products such as surgical sealants, hemostats, bone-graft substitutes, and soft-tissue repair products are some of the commonly used products to overcome these challenges.
Gynecological Surgery
Gynecological procedures such as myomectomies (surgical removal of uterine fibroids without the removal of the uterus), hysterectomies (surgical removal of the uterus), and surgeries for C-section requires biosurgery products. These products are used for controling surgical bleeding and related complications as well as sutures and hemoclips are the primary means of achieving hemostasis during these surgeries.
General Surgery
Biosurgery products are used in surgical procedures performed for the treatment of diseases involving the skin, soft tissues, and hernias. Of these, hernia repair, for inguinal, umbilical, hiatal, femoral, and incisional hernias, among other types, are among the most common. In this surgery, surgical sealants, surgical soft tissue meshes, adhesion barriers, staple line reinforcement agents, and hemostats are commonly used.
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