Biosurgery Market Size

Biosurgery Market size was valued at USD 15.56 Billion in 2023 and is poised to grow from USD 16.63 Billion in 2024 to USD 28.37 Billion by 2032, growing at a CAGR of 6.9% during the forecast period (2025-2032).

The size of the global biosurgery market is anticipated to grow significantly in the near future due to significant government and private sector investments in the medical device industry, rising researcher R&D expenditures, and aggressive tactics used by leading companies, such as the introduction of new products. Growing rates of chronic illness, increased demand for elective surgeries, increased funding from both public and private entities for the construction of healthcare infrastructure, and an ageing population are the main factors propelling the global biosurgery market growth. The market share of biosurgery is growing due to the rising incidence of severe traumatic injuries. 

The need for biosurgery products rises as the frequency of traumatic injuries rises. Additionally, the existence of significant manufacturing firms capable of producing cutting-edge biosurgery products supports the expansion of the global biosurgery market. Additionally, the growing number of elderly people, who are more prone to chronic illnesses, fuels the expansion of the biosurgery market. Additionally, during the forecast period, the growth of the medical device and pharmaceutical industries' R&D activities is anticipated to offer profitable prospects for the global biosurgery market's expansion. Additionally, the expansion of the biosurgery sector is driven by an increase in surgical procedures and sports-related injuries.

US Biosurgery Market is poised to grow at a sustainable CAGR for the next forecast year.