Key Findings
The India biosurgery market is projected to register a CAGR of 7.92% during the forecast period, 2021-2026. One of the major factors propelling the demand for biosurgery products is the increasing geriatric population.

Market Insights
In India, the geriatric population increased from 90.7 million to 73.5 million during 2015-2020, according to the UN World Population Prospects 2019 data. The aging population is set to grow over the years. The elderly population is vulnerable to chronic disease and needs surgeries, offering ample growth opportunities. Biosurgery is set to have an increasing preference, given its fewer intra and post complications. It entails the usage of several natural and synthetically manufactured surgical products. These products are used to prevent blood loss through fluid soaking and wound sealing. Such products aid in minimizing the complications associated with surgeries and reduce the time required post-treatment. This has also resulted in increased uptake of different hemostatic agents and surgical sealants during surgical procedures.
Moreover, the increasing R&D activities in terms of novel biosurgery product development benefit market growth. For instance, the National Chemical Laboratory, Pune (India), developed two new bone graft substitutes, SynOst and PoroSyn, in May 2017. Further, Collagen Matrix Inc introduced its two products, ’DuraMatrix membranes’ and ’OssiMend bone graft matrices’ in February 2018. Such factors boost the market growth in India.

Competitive Insights
Some of the leading market players include Baxter International Inc, Medtronic Plc, Stryker Corporation, B Braun Melsungen AG, Smith & Nephew Plc, etc.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments