Global Synthetic Dural Repair Market By Age Group (Children, Adults and Old Age), Application (Neurosurgery, Spine Surgery, Others), End User (Hospitals, Ambulatory Surgery Centres and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Synthetic Dural Repair Market
Data Bridge Market Research analyses that the synthetic dural repair market will exhibit a CAGR of around 5.76% for the forecast period of 2021-2028. Rising geriatric population prone to severe injuries, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, increasing participation in sports and related activities and rising expenditure on the healthcare infrastructure development especially in the developing economies are the major factors attributable to the growth of synthetic dural repair market. Therefore, the synthetic dural repair market value, which was USD 3149.54 million in 2020, will rocket up to USD 4929.67 million by 2028.
Dura is a dense and leathery membrane that covers and acts as a protection to spinal cord and brain. Thus, dural repair is used in cases of neurological disorders or defects in the dura. Neurological disorders of defects in dura may develop as a result of invasive surgical procedures, tumors and severe head injuries.
Upsurge in the prevalence of obese and overweight population globally is one of the major factors fostering the growth of the market. Rising focus on the healthcare technological advancements to provide suitable dura substitutes coupled with burgeoning soft tissue injuries among geriatric population is another market growth determinant. Rising research and development proficiencies, government initiatives to promote the awareness and increasing personal disposable income will further generate lucrative market growth opportunities.
However, high costs associated with treatment and equipment will derail the market growth rate. Death of skilled medical professionals and unfavourable reimbursement scenario in the developing and underdeveloped economies will further pose challenges for the market. Also, stringent regulations on product approvals will also hamper the market growth rate.
This synthetic dural repair market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on synthetic dural repair market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Synthetic Dural Repair Market Scope and Market Size
The synthetic dural repair market is segmented on the basis of age group, application and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
The synthetic dural repair market is segmented on the basis of age group into children, adults and old age.
- On the basis of application, the synthetic dural repair market is segmented into neurosurgery, spine surgery and others.
Synthetic dural repair market is also segmented on the basis of end user into hospitals, ambulatory surgery centers and others.
Synthetic Dural Repair Market Country Level Analysis
The synthetic dural repair market is analysed and market size insights and trends are provided by country, age group, application and end user as referenced above.
The countries covered in the synthetic dural repair market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the synthetic dural repair market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the prevailing advanced healthcare technologies, supportive government policies for research and development proficiencies and prevalence of patient specific health care systems. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period owing to the growth and expansion of healthcare industry in this region, ever-rising geriatric population and growing prevalence of neurological injuries.
The country section of the synthetic dural repair market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare infrastructure growth installed base and new technology penetration
The synthetic dural repair market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for synthetic dural repair market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the synthetic dural repair market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Synthetic Dural Repair Market Share Analysis
The synthetic dural repair market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to synthetic dural repair market.
The major players covered in the synthetic dural repair market report are B. Braun Melsungen AG, Medtronic, Stryker, Cook, Integra LifeSciences Corporation, Aesculap, Inc., Baxter., 3M, W. L. Gore & Associates, Inc., Medical Devices Business Services, Inc., Merck KGaA, GUNZE LIMITED., Polyganics, Abbott, Natus Medical Incorporated., Messe Düsseldorf GmbH, BD, Organogenesis Inc., Arthrex, Inc. and Wright Medical Group N.V. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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