India Orthopedic Biomaterials Market Size & Outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to orthopedic biomaterials market will help companies and investors design strategic landscapes.

Ceramics & bioactive glass biomaterials was the largest segment with a revenue share of 31.36% in 2023. Horizon Databook has segmented the India orthopedic biomaterials market based on ceramics & bioactive glass biomaterials, polymers biomaterials, calcium phosphate cements, metal biomaterials, composites covering the revenue growth of each sub-segment from 2018 to 2030.

Key factors driving the market are increasing prevalence of musculoskeletal disorders, particularly osteoporosis and osteoarthritis, among women in the country. According to an article published in the International Journal of Women's Health in 2015, the number of women with osteoporosis is increasing in India owing to calcium and vitamin D deficiency. It also estimated that about 46 million women are currently suffering from osteoporosis in the country.

This might lead to significant increase in the number of reconstruction surgeries and orthopedic implants. As the number of surgeries is increasing, the market for orthopedic biomaterials is anticipated to increase significantly over the forecast period. Furthermore, ongoing research on orthopedic biomaterials and implants is further estimated to drive the market over the forecast period. Recently, in June 2019, researchers at IIT Bombay developed the country’s first bone screw made up of magnesium oxide nanoparticles and silk fibers.

The screw is biodegradable and is made up polymer whose mechanical strength can be tuned to match the composition of target tissue. Moreover, the screw is biocompatible with human tissues and decomposes very fast in the body. As India imports majority of the orthopedic devices, commercialization of this biomaterial is set to boost the market growth in the country.