Bioimplants Market Trends

Bioimplants Market Trends

• The increasing elderly population globally, coupled with the rising prevalence of chronic diseases, is a significant driver of growth in the market. As people age, they are more prone to conditions such as osteoarthritis, cardiovascular diseases, and dental issues which often require the use of bioimplants for treatment.
   
• For instance, as per the National Institute of Health (NIH), the prevalence of chronic diseases in the geriatric population in the U.S. is high, with almost 90% of the population having at least one chronic disease. The most common chronic diseases in the geriatric population include hypertension, arthritis, diabetes, heart disease, and cancer.
   
• Bioimplants offer a range of benefits, including improved mobility, reduced pain, and enhanced quality of life for these patients.
   
• Further, with advancements in technology and materials, bioimplants have become increasingly effective and reliable, further fueling their demand.